It is not typical for our agents to be out showing properties all day during January. But this year, most of them are! In the normal seasonal flow of New England real estate, the period between Thanksgiving and the middle of February is the slowest time of year. The "January thaw" this year bodes well
Above the pay-wall spot in the online Boston Globe, reporter Andrew Bricker summarizes the local market. In short, the number of sales is down. Demand in the month of September was much lower than last September. The reason, says experts, is high interest rates. For us at 4 Buyers Real Estate, the news of lowering
The local real estate market looks a different from the national market snapshot, which I summarized two weeks ago. Eastern Massachusetts has an acute housing shortage, and that is allowing a seller’s market to remain despite the high interest rates that are reducing a buyer’s spending power. The bottom line is that prices are still
Boston and Somerville have both sent home rule petitions to the State Legislature that have been written to assist tenants in properties that are being sold for development. Boston’s involves increasing the amount of notice that tenants get, if their leases are not going to be renewed. It requires landlord sellers to report their sales,