Realtor Michael Mahoney in Boston with eXp Realty
Michael Mahoney

U.S. Housing Supply and Affordability Are at Odds was the Headline at Today

U.S. Housing Supply and Affordability Are at Odds was the Headline at Today

Michael Mahoney a Boston Realtor on home affordability by Realtor.orgLawrence Yun, NAR chief economist found a notable imbalance between what potential home buyers can afford and what is listed for sale. “The survey confirms that the lack of entry-level supply is putting affordability pressures on too many buyers – especially those at the lower end of the market, where demand is the strongest. This is why first-time buyers continue to struggle finding affordable properties to buy and are making up less than a third of home sales so far this year,” said Yun.

You can read the full article on here

The bottomline for homeowners here in Greater Boston is that if you have a home that would be of interest to a first time home buyer, you could probably sell it quickly and with very little hassle.  Get the value of your home now







The inventory has been tight for a long time.  Here was a past post low inventory

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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)

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