Homes Across the Country Are Selling Fast

By | Market Stats

Average Days to a Pending Contract is 22 days. Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR). With homes moving from listing day to pending sale in an average of just 22 days, it’s a great time to sell a house.

September 18, 2020

Realtor.com Danielle Hale on the Inventory 38% down

Seller Friendly Housing Dynamics in the Market

By | Market Stats

Seller Friendly Housing Dynamics in the Market. This week, Chief Economist Danielle Hale discusses the new low in mortgage rates, the implications for home purchase mortgage activity, and what next week’s Fed meeting could mean for rates given this week’s consumer and producer inflation data.

September 16, 2020

Girl Playing in a Moving Box

Is Now a Good Time to Move?

By | Market Stats

Is now a good time to move? Dialing back 10 years, many homeowners also locked in a fairly low mortgage rate. In 2010, the average rate was only 4.09%. This motivated homeowners to stay in their houses longer than usual to keep their rate low, rather than moving. Just last Thursday, however, average mortgage rates hit a new historic low at 2.86%. You can now afford a lot more home if you were to move considering the market.

September 15, 2020

Weekly Review of Greater Boston Real Estate Market

By | Market Stats | 4 Comments

Weekly Review of Greater Boston Real Estate Market Michael Mahoney Realtor® e: mike@mmahoney.com w:www.RealtorMikeMahoney.com c:617-615-9435 Each week I do my own research on single families, condos and multi family homes in Norfolk and Suffolk County.  I have been keeping track of the new listings, pendings and total active inventory since the “re-opening” society with Covid…. Continued

September 2, 2020

TGIM: Thank Goodness It’s Monday 13 JULY 2020

By | TGIM

Century 21 Agent in Boston, Michael Mahoney is a Realtor and a manager at Century 21 American Properties in Walpole who sends out a few newsletters to the agents in his office each week. If you would like to speak with Mike, please call me at 617-615-9435 or you may email him at Mike@mmahoney.com

July 12, 2020

Boston Area Real Estate Insights July 8 2020

By | Market Stats

Every week Michael Mahoney a local Boston Realtor compiles sales data from MLSPIN. The report contains the status of the current active properties, pending properties, newly listed properties and homes recently put under agreement. If you need help with a home or condo in Boston, please feel free to reach out to Michael at 617-615-9435. You can also e-mail Mike at mike@mmahoney.com

July 8, 2020