TRENDS…

Here are some statistics to get a sense of best time of year to buy property. Each fall, the prices fall back from what they had been in the spring.  Prices recover every spring (although this year, spring prices for condos in 2019 were actually slightly lower than...

December News

While there is never any guarantee in real estate, all of the market signs heading into the spring are positive: almost record-low interest rates, a lack of inventory, and a job market that many economists have deemed as close to full employment as we can possibly...

Terry’s notes on the Real Estate market…

Now that we are into the month of April, and have the first three months of data to review for the year, the same trend from last year is continuing, and maybe even more so. In the City of Newton, inventory is down 17%, year-to-date, for this year when compared with...

Inventory Blog

At the midpoint of February, the inventory in the Newton and surrounding areas has been even lower than on the same date last year when inventory was generally regarded to have been at all-time lows. In general, inventory is running anywhere from 10 to 20% lower them...

Why Inventory Is the Lowest It’s Been in 20 Years

Housing demand continues to outstrip supply, with shortages now at their worst in 20 years. Why? The answer is simple: Homeowners are happy where they are, according to a new survey by realtor.com®. Sixty-three percent of homeowners surveyed say their current house...