Categories for Market Stats

The Average Homeowner Gained $56,700 in Equity over the Past Year

The Average Homeowner Gained $56,700 in Equity over the Past Year When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a ...

Continue Reading

November 2021 Monthly Housing Market Trends Report

November 2021 Monthly Housing Market Trends Report In a recent report by Realtor.com economist, Danielle Hale and Sabrina Speianu it’s been demonstrated that we still need inventory for the amount of buyers looking to make home purchases in the US. The national inventory of active listings declined by 26.0% over ...

Continue Reading

5 Reasons Today’s Housing Market Is Anything but Normal

September 2,2021 by Realtor Michael Mahoney | 617-615-9435 There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely ...

Continue Reading

Home sales beat estimates: no housing crash in sight

  The National Association of Realtors reported 5.99 million home sales for July, which was an excellent beat of estimates and a dagger into the hearts of the 2021 housing crash crew. Mother demographics and low mortgage rates, two things that have been transparent to human beings for a long time, are powerful economic ...

Continue Reading

Weekly Housing Trends View — Data Week August 7, 2021

Weekly Housing Trends Key Findings Key Findings: The median listing price grew at 8.6 percent over last year, notching a second week of single-digit price growth after a 50-week streak of double-digit price growth. The good news for buyers is that the pace of price growth is now half April’s 17.2% ...

Continue Reading

News Outlets Love Sensational Headlines

  Dog Days Don’t Have the Dogs Down August 13, 2021 REAL ESTATE NEWS By Michael Mahoney – The Hardest Working Realtor® in Boston August 13, 2021 Sensational Headlines Drive Marketing Dollars for Media Companies You really have to give it to media companies (aka news companies). They are so ...

Continue Reading

Is there a Market Shift in the Residential Real Estate?

Is there a Market Shift in the Residential Real Estate? Shifts are Happening in the Real Estate Market. Inventory is starting to come onto the market which is a welcome relief for many buyers. As we start to enter the Fall market, sellers should closely look at the signs of ...

Continue Reading

Massachusetts Association of Realtors Report June 2021

July 30, 2021 Michael Mahoney | Realtor® | Century 21 American Properties | 617-615-9435 The U.S. housing market continues along at  speedy pace, with low interest rates and limited inventory fueling record high sales prices. May saw the median existing-home sales price exceed $350,000, a 24% increase and the largest ...

Continue Reading