The Boston North Shore real estate market, like most housing markets throughout the U.S., presents a challenge for that segment of the population commonly referred to as “Millennials.” Millennials are generally identified as men and women between the ages of 25-34. Let’s look at the ongoing dilemma many Millennials face in today’s complex real estate […]
2016 Boston North Shore Real Estate Sales Start Strong
The Boston North Shore real estate market has begun the year with existing home sales at the highest annual rate in six months. In a recently-released report by the National Association of Realtors (NAR) total existing home sales (by transactions) increased by .4% adjusted seasonally for an annual rate of 5.47 million in January. December’s […]
Boston North Shore Housing Outlook: Rents to Level Off
If you’re renting in the Boston North Shore housing market, now hear this: it isn’t easy to buy a house. It may be easier to stay put. That’s because home price gains are picking up, while rents are leveling off — despite the fact they’ve skyrocketed in recent years. Some economists predict that by the end […]
2016 Boston North Shore Housing Predictions
The Boston North Shore housing market can expect a continuation of many of the factors it experienced in 2015. Zillow recently released their 2016 predictions for the housing and real estate markets. Let’s take a look at what we can expect. Boston North Shore Housing – Challenges Ahead According to Zillow, many of the recent market […]
New Boston North Shore Home Sales Rise in November
New single-family Boston North Shore home sales were up in November. The increase was lower than anticipated, signaling a slight momentum change in the housing market. Recent Commerce Department statistics show new home sales increased 4.3% during November. This equates to a seasonally adjusted annual rate of 490,000 new homes sold. The number of homes sold […]