As the first quarter of 2023 comes to a close, the housing market is a topic of discussion for many. One question that keeps coming up is whether the higher interest rates have impacted housing prices, and by how much. In this market update, we will explore this...
The answer to this questions is going to greatly vary depending if you're a buyer or a seller. Let's start with home buyers. This is not 2008, and even if it was, condo prices in Boston's back bay increased 37.5% from 2007 to 2010 according to data from MLS....
As we wrap up the first half of 2022, I've been having a lot of conversations with clients about the market right now so thought I'd provide a quick update of what we might expect in the next 18 months. The above graphic shows that Fannie Mae (one of the biggest loan...
The first quarter is in the books, and market is Not slowing down, even with rates rising. Single family homes continue to be in high demand and from what I'm seeing with clients it is Not uncommon for homes to sell $100k-$200k and sometimes $500k over asking price...