Boston Realtor Mike Mahoney
Michael Mahoney

Posts Tagged ‘Greater Boston Realtor’

July Closed Home Sales Report for Greater Boston

August 29th, 2019 by Michael Mahoney

July Closed Home Sales Report for Greater Boston

The Massachusetts Association of Realtors released their closed sales report for July 2019.


“In July, the U.S. economic expansion that began in June 2009 became the Closed Sales
longest in the nation’s history, marking 121 straight months of gross domestic
product growth and surpassing the 120-month expansion from 1991 to 2001.
The average rate of growth during this expansion has been a milder 2.3 percent
per year compared to 3.6 percent during the 1990s. Although the economy
should continue to perform well for the rest of 2019, most economists see a mild
recession on the horizon.” – Massachusetts Association of Realtors July 2019

New Listings were down 7.0 percent for single-family homes and 1.0 percent for
condominium properties. Closed Sales decreased 2.3 percent for single-family
homes and 7.8 percent for condominium properties.

“We see the cooldown flattening or even reversing course in the coming months and expect the housing market to continue coming into balance. In the meantime, buyers are likely claiming some ground from what has been seller’s territory over the past few years. If mortgage rates stay low, wages continue to grow, and inventory picks up, we can expect the U.S. housing market to further stabilize throughout the remainder of the year.” Ralph McLaughlin, Deputy Chief Economist for CoreLogic

Greater Boston Real Estate Report from Massachusetts Association of Realtors


Greater Boston Real Estate Update by Realtor Michael Mahoney

April 28th, 2019 by Michael Mahoney

Greater Boston Real Estate Report Update by Realtor Michael Mahoney
March 2019

The Massachusetts Association of Realtors® (MAR) reported today that closed sales for single-family homes increased year-over-year from last March while condominium closed sales saw a decrease. This month saw a six percent increase in median price for single-family homes and a five percent decrease in median price for condominiums compared to last year. March also saw the lowest number of single-family homes for sale in the month of March since MAR began reporting the data in 2004. However, this is the third month in a row of year-over year condominium inventory increases.

A review of Boston Real Estate by Realtor Michael Mahoney of eXp Realty

Click image to open full size report

Michael Mahoney
eXp Realty

How to do a Date of Death Market Valuation for a Probate Matter

May 25th, 2017 by Michael Mahoney

How to do a Date of Death Market Valuation for a Probate Real Estate Matter

By Michael Mahoney
Greater Boston Realtor
Keller Williams Realtor

Probate Realtor Michael Mahoney of Keller Williams Realty

Date of Death CMA

Often times I will get a call from a family who had a love one who passed and now they need to have a market evaluation provided.   For settling the probate matter, sometimes the estate will require you to figure out what the property was worth many many years ago.  It’s not so easy

There was recently a question posed in our Keller Williams office by one of our Realtors who was working on a probate matter for a  client here in the Boston area.


Here was the question:

Anyone know the best way to calculate what a house would have been worth in 1991? Doesn’t need to be exact just approximate…

There were a couple of newer agents who suggested that you should “comp it with sold homes in that time frame in MLS” and yes that it the obvious answer however easier said than done.

There are a few Realtors like myself who remember when there really was not a lot of computer records. Having been a Realtor in Greater Boston since 2001, I can tell you that the evolution of technology has been amazing. When I started with Coldwell Banker in Milton, Massachusetts there was one computer in the office and it was at the “uptime desk” and the display of the software was like one of those old inventory terminals you would find at the likes of auto parts supply stores.

Now, The New Kids on the Block agents don’t know what’s it like to use a computer since they do everything on their phones nowadays.

I am not kidding, there was a time when there were no computers for real estate searches.   Here is what another agent in the office had to say:

“I started in 1999, and mls was just introduced. It took a while for it to stick. We had binder “look books” for buyers to choose homes to see! We would do a broadcast fax to all the local agencies with a sheet of specs for listings we took over the weekend. Then they were broken out by town and price. Boy, am I aging myself by putting this knowledge of mine out there!

It’s not as easy as you firing up your Iphone…often times you have to go to the tax records…here is one way to get started preparing a market evaluation or a CMA for a probate real estate sale in Greater Boston….Hope this helps.  In the video I demonstrate how I did it for a family who was handling their probate real estate matter in Quincy  –

If you need the value of a probate property in boston – get the value here

Video on Date of Death CMA for a Probate Estate Settlement



I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)


This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)


We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

Review Michael Mahoney on