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
All eyes are on the real estate market, in an effort to guess what will happen when the snow stops falling and real estate spring market begins. The Boston Globe is no exception. Andrew Brinker published an article in mid-January, subtitled “For the first time since 2018, home prices here fell in December on a