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Category Archives: Boston Real Estate Update

Pending Homes Dip by 1.8%

According to a report from the National Association of Realtors, pending home sales have declined again for the 8th month in a row. The Pending Home Sales Index, which is based on contract signings, has indicated a 1.8% decline for the month of August. Lawrence Yun, NAR chief economist, says that low inventory continues to contribute to the housing market slowdown. “Pending home sales …

Home Sales Dip 0.7%

The National Association of Realtors has recently shared that existing home sales have taken a dip for the 4th month in a row. The recent pace has been the slowest in the last two years where only the nation’s West region had shown a slight increase in sales. For the month of July sales fell by 0.7% which brought them to 1.5% below a …

St. Regis Residences coming to 150 Seaport Blvd.

The address at 150 Seaport Boulevard will soon have a tower planned at the Seaport District location that is currently home to Whiskey Priest and the Atlantic Beer Garden. According to Cronin Development, this will be an outpost of the St. Regis luxury brand. This premier development is slated to be a tower that houses 114 condos and will scrape the Seaport’s skyline with …

Midyear Real Estate Market Report

As we are upon the middle of 2018, the economy has been remaining strong with both wage growth and an improving job market. These positive factors are anticipated to fuel home sales and prices, but the lower supply and affordability challenges may hinder the rate of increase. Chief economist of the National Association of Realtors (NAR), Lawrence Yun, has recently shared his midyear forecast …

Real Estate Market Shows Home Sales Increase by 1.1%

Home sales continue to grow this year with an increase of 1.1% seen in March across the nation according to a recent report from the National Association of Realtors. The growth is still not as much as last year as inventory challenges have made activity difficult. Total home sales of single-families, townhomes and condos has increased by 1.1% to 5.6 million in March from …

Real Estate Market Sees Home Sales Increase 3%

Positive news about the real estate market has been shared by the National Association of Realtors explaining that regardless of a void of inventory and rising prices, existing home sales have rebounded with increases seen across the country. Existing home sales for single family properties, townhomes, condos and coops grew by 3.0% to 5.54 million in February from January. After this increase sales are …

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