Boston Realtor Mike Mahoney
Michael Mahoney
617-615-9435617-615-9435

Posts Tagged ‘May 2019’

May 2019 Closed Residential Real Estate Sales Massachusetts Association Realtors

July 1st, 2019 by Michael Mahoney

May 2019 Closed Residential Real Estate Sales Massachusetts Association Realtors

WALTHAM, Mass. – June 26, 2019 – The Massachusetts Association of Realtors® (MAR) reported today that median price for both single-family homes and condominiums was over $400,000 in May, with condominiums hitting an all-time high at $413,000. Despite these high median prices, closed sales for single-family homes and condominiums increased year-over-year from May of 2018. Last month marked the lowest number of single-family homes for sale in the month of May since MAR began reporting the data in 2004. However, this is the fifth month in a row of year-over year condominium inventory increases.  Download the full Massachusetts Association of Realtors Closed Sales Report

 

 

 

Emerging Buyer’s Market Lifts Home Sales in May

June 24th, 2019 by Michael Mahoney

Emerging Buyer’s Market Lifts Home Sales in May

May Home Sales Up According to National Association of Realtors

For the first time in two months, existing-home sales rose in May as consumers rushed to take advantage of lower mortgage rates and greater inventory. Total existing-home sales—completed transactions including single-family homes, townhomes, condos, and co-ops—jumped 2.5% month over month in May, reaching a seasonally adjusted annual rate of 5.34 million, the National Association of REALTORS® reported Friday. All four major regions of the U.S. saw an increase in sales last month, led by the Northeast.

“The purchasing power to buy a home has been bolstered by falling mortgage rates, and buyers are responding,” says NAR Chief Economist Lawrence Yun. However, total sales are still down 1.1% compared to a year ago. Read the full article on Realtor Magazine

 

 

Pending Home Sales Up on May 2019

June 18th, 2019 by Michael Mahoney

Pending Home Sales Up on May 2019

WALTHAM, Mass. – June 12, 2019 – The Massachusetts Association of Realtors® (MAR) reported today that the number of single-family homes put under agreement in the month of May went up six percent and the number of condominiums put under agreement went up two percent compared to this time last year. This marks 12 straight months of year-over-year increases for single-family homes. The median price for single-family homes put under agreement increased almost four percent to $420,000, while condominiums saw a seven percent increase to $415,000 compared to May of 2018.

MAY 2019 Pending Home Sales

 

 

Looking for a Boston Area Foreclosure Home Homes You can Purchase with a Small Deposit

 

 

If you want to know more about these opportunities, please schedule a 15-minute conference call with me and we can review homes in options available to you.  Please schedule your conference call here now

 

Reviews

5suzannechapman1208

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)

5goodlife99

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)

5SullyLemmons

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 Zillow.com

Community Events

There are no events scheduled for 02132 at this time.