Are High Mass. Home Prices Finally Biting?
Massachusetts saw a slight downturn in the number of single-family houses sold last month compared to July 2019, before the COVID-19 pandemic upended the typical market seasonality, leaving some observers to question whether the pool of potential homebuyers has shrunk, and others to conclude ...
Renters: How to avoid being scammed
When the coronavirus pandemic hit and real estate agents and renters scrambled to adjust to online transactions and virtual tours, scammers emerged in droves to take advantage. From March to August 2020, rental fraud increased nearly 30 percent in the United States, the credit ...
Plan Seeks to Bring More Housing to Martha's Vineyard
OAK BLUFFS – In a recent announcement, CapeBuilt Companies unveiled its new Lagoon Ridge project.Coming amid historic low housing inventory on the island, the endeavor seeks to introduce 25 new single-family homes, including four affordable townhouses, to the Oak Bluffs area over the ...
Mass. Fair Housing Laws Lack Teeth, Critics Say
The Massachusetts Association of Realtors backs separate legislation on Beacon Hill that requires additional fair housing education to acquire a real estate license and imposes additional continuing education requirements, but does not include strengthened enforcement ...
News Briefs
Median Housing Prices Continue to riseThe Massachusetts Association of REALTORS (MAR) reported that this month’s data supports the sustained 2021 trend of increasing sale prices for the few homes available on the market. Closed sales on single-family homes rose a total of 27.1 percent ...
Median housing prices continue to increase
The Massachusetts Association of REALTORS (MAR) reported that this month’s data supports the sustained 2021 trend of increasing sale prices for the few homes available on the market. Closed sales on single-family homes rose a total of 27.1 percent while sales on condominiums increased ...
Experts weigh in on waiving a home inspection
https://www.bostonglobe.com/2021/07/25/real-estate/experts-weigh-waiving-home-inspection/It may help buyers beat out the competition in this seller’s market, but it could come at a high cost.By Jim Morrison Globe Correspondent,Updated July 25, 2021, 12:00 a.m.Joe Aiello of Gumshoe Home ...
Mass. home sales surge as prices hit record highs in June
Record-breaking home prices couldn’t keep buyers away from the real estate market in June.The median price of a Massachusetts single-family home reached $555,000 in June, according to real estate analytics firm The Warren Group. That’s a new all-time high, and a 26.1 percent jump over ...
Experts weigh in on waiving home inspections in a seller’s market
Many agents do not recommend waiving an inspection, according to Steve Medeiros, president of the Massachusetts Association of Realtors and an agent at Keller Williams Realty. “A Realtor’s responsibility is to provide the information and help buyers make the most educated decision as to ...
Search Hank Investigates: Home Buyers Beware
One local family says after years of searching they thought they finally bought the perfect home. But it turned into a financial and emotional disaster after they discovered a toxic secret lurking behind their walls. 7’s Hank Phillippi Ryan Investigates.  “Everything ...