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https://bostonpads.com/blog/buyer/featured-greater-boston-homes-that-could-be-yours/ Buying a home is one of life’s great milestones. Whether you’re looking to buy a single-family home, a condo, or a multi-family home for sale in Boston, the decision to purchase real estate is a big one. Keep in mind, while the price tag might be smaller on a condo or single-family, multi-family homes might cost you less out of pocket each month. If you’re not sure how you want to move forward in your property ownership journey, you need to talk to professionals. A mortgage specialist will be able to help you figure out how much you can afford to purchase. They can also guide you if there are any steps you need to take before you qualify for a mortgage. A real estate professional specializing in Boston rentals and investment sales will be your best resource if you are considering purchasing a multi-family. It’s important to work with someone that can help you accurately price your rental unit(s) to m...

https://www.thenewssources.com/boston-single-family-market-report/ Boston’s real estate market for single family homes took a big hit last month. Total single family sales in October were down by -14% year over year in Boston after the Fed raised interest rates in September by 0.75%. That was the third increase of 75 basis points in four months and 5th rate hike of 2022 up until that point. As a result, median sale prices for single family homes took a big hit in November and are trending downward. Boston Single Family Median Price Hits Lowest Point Since November 2021 Last month, Boston’s median sale price for single family homes was $759K. While still up +7.09% year over year, it was the lowest median sale price recorded for the City of Boston since October 2021. It was also a steep drop from the $943,013 single family median sale price recorded just a month earlier in September.

https://www.thenewssources.com/boston-single-family-market-report/ Boston’s real estate market for single family homes took a big hit last month. Total single family sales in October were down by -14% year over year in Boston after the Fed raised interest rates in September by 0.75%. That was the third increase of 75 basis points in four months and 5th rate hike of 2022 up until that point. As a result, median sale prices for single family homes took a big hit in November and are trending downward. Boston Single Family Median Price Hits Lowest Point Since November 2021 Last month, Boston’s median sale price for single family homes was $759K. While still up +7.09% year over year, it was the lowest median sale price recorded for the City of Boston since October 2021. It was also a steep drop from the $943,013 single family median sale price recorded just a month earlier in September.

https://www.builtinboston.com/event/boston-real-estate-market-shows-signs-slowing/101007 Boston’s real estate market for condos notched a surprising spike in median sale price last month despite year-over-year sales being down by double digit margins. Boston’s median condo sale price in October jumped by +9.7% month-over-month, and is up +14.79% compared to October 2021. While the MLS data shows that prices are still up year-over-year, rising interest rates have already taken a toll on the demand for Boston condos and prices will likely begin to tumble soon.

https://bostonpads.com/blog/boston-housing-market/2022-q3-boston-real-estate-market-report/ As we enter the final quarter of 2022, it appears like the decade-long period of growth for Boston’s real estate market is grinding to a halt. The most recent MLS data shows that rising interest rates have effectively suffocated demand for Boston real estate in Q3. Total 30 day sales from September are down -37.24% compared to a year ago. Meanwhile, the total number of sales listings are up 25.10% over the same period. As a result, Boston’s 30-day median sale price has been slipping from the record high of $876,091 set in May of this year. Last month’s 30-day median sale price of $807,303 is still up by a slim margin (+3.64%) compared to September 2021, but current data trends show that year-over-year price growth will soon be in the red in Boston. Let’s take a look at the trends driving Boston’s real estate market. Demand For Boston Real Estate Waning In September, the City of Boston re...

https://bostonpads.com/blog/boston-housing-market/2022-q3-boston-real-estate-market-report/ As we enter the final quarter of 2022, it appears like the decade-long period of growth for Boston’s real estate market is grinding to a halt. The most recent MLS data shows that rising interest rates have effectively suffocated demand for Boston real estate in Q3. Total 30 day sales from September are down -37.24% compared to a year ago. Meanwhile, the total number of sales listings are up 25.10% over the same period. As a result, Boston’s 30-day median sale price has been slipping from the record high of $876,091 set in May of this year. Last month’s 30-day median sale price of $807,303 is still up by a slim margin (+3.64%) compared to September 2021, but current data trends show that year-over-year price growth will soon be in the red in Boston. Let’s take a look at the trends driving Boston’s real estate market. Demand For Boston Real Estate Waning In September, the City of Boston re...

https://www.realestatesign.ca/2022/09/30/august-real-estate-sales-down-38-year-over-year-in-boston/ Boston’s real estate market got chin-checked last month as total property sales in August dropped -38.26% compared to August 2021. Last month’s 476 real estate sales was the lowest total for August in the past 5 years and the largest year over year drop in monthly residential real estate deals over the same time span in Boston. Monthly property sales in Boston real estate have been trending below 2021 levels all year, with December 2021 being the last month where total sales were up year-over-year. Still, that figure never trended more than 25% below the previous year’s sales total until last month. Last month marked a sharp drop from the 771 property deals recorded in August 2021. It appears like the Federal Reserve’s rate hikes have finally put a chill on the Boston housing market, with news of their 4th rate hike of 2022 coming last month. Now with last week’s news of another r...

https://marketresearchfeed.com/are-real-estate-prices-going-to-drop-in-boston/ Boston’s real estate market has achieved record breaking growth over the past decade. Thanks to a shortage of for-sale properties and a growing population, Boston real estate prices have more than doubled since 2011. Now, with a recession looming and interest rates on the rise, many are predicting that Boston real estate prices will begin to decline soon. Based on the most recent MLS data, it does appear that real estate prices will soon begin to decline in Boston. Here are the reasons why:

https://bostonpads.com/blog/boston-housing-market/boston-real-estate-market-mid-year-forecast-2022/ Boston’s real estate market has been one of the nation’s storylines over the past decade. The metro area has seen the housing market explode as the limited supply of real estate inventory just hasn’t been able to keep pace with growing demand. Now, Massachusetts holds the 5th highest median sale price among all 50 states, and Boston is not far behind San Francisco in terms of real estate prices. Many predicted that the red hot Boston real estate market would cool off in 2022 amidst record inflation, rising interest rates, and a recession looming. Half way through the year, it looks like those predictions may be turning into reality. Real estate sales have dipped slightly compared to the beginning of the year and inventory is up considerably from last year. However, Boston real estate prices are still rising thus far in 2022, albeit at a slower rate than last year.

https://bostonpads.com/blog/boston-housing-market/featured-homes-for-sale-in-boston-under-600000/ With rental prices reaching record highs, and apartment occupancy reaching 99.53%, more renters are considering their housing options. Particularly, if a similar monthly payment toward a mortgage is within reach for them. Determine how much you can afford by using our mortgage calculator and take a look at some of our featured homes for sale in Boston under $600,000.

https://canvas.emerson.edu/eportfolios/39662/Home/Bostons_Real_Estate_Market_Isnt_Done_Yet The Boston Metro’s median home price has shown some signs of decelerating since mid 2021. After a decade of record price growth, Greater Boston’s 1-year median sale price sits at $681K as per Zillow’s most recent data. That marks a 2.29% increase in median price compared to the previous year. Compare that to the 16.03% growth recorded in the previous year, it may appear that Boston’s real estate market is leveling off. While there are certainly signs that the market may be cooling, there’s plenty of evidence to suggest that Boston’s housing market growth will continue in 2022. VC Funding Flowing To Boston