June Arlington Market ReportEven as more homes come on the market for this season, they’re flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver’s seat. Here is a look at the […]
2017 has brought some very exciting changes for home buyers. For the first time since 2006, the maximum loan limits for conforming loans backed by Fannie Mae and Freddie Mac have been increased. This change will have a positive impact by giving buyers the opportunity to break in the the market with a smaller down […]
Wondering about the recent sold data in Arlington MA? Check out our Winter Market Update. Winter Market Update 2016
JULY 2016 Inventory has decreased for the 13th consecutive month which has exhausted buyers to a point they are retreating from the market,” says Linda O’Koniewski, CEO of RE/MAX Leading Edge. “Even the historically hot markets of Boston’s Seaport, Lexington, Melrose, Newton, Cambridge and Winchester are experiencing a slow down in sales. We expect the […]
If you’re looking to lift the curb appeal of your home, the solution may be written in stone. Homeowners are increasingly turning to manufactured stone veneer, a lower-cost alternative to natural stone siding, to spruce up the exterior of their homes. In Remodeling magazine’s 2016 Cost vs. Value Report, manufactured stone veneer ranked as the […]
Here is the housing report skinny from Linda O’Koniewski, CEO of RE/MAX Leading Edge. “The lack of inventory is feeding on itself. Folks are reluctant to put their house on the market to trade up or down if they are fearful a quality and worthy house won’t come along, or if it does, that they […]
Home prices year-over-year have increased by 5.4 per cent according to the S&P/Case-Shiller HPI. The 20-city composite was up 5.7 per cent while the 10-city composite rose 5.1 per cent. Seasonally adjusted increases were 0.5 per cent (national), 0.8 per cent (10-city) and 0.7 per cent (20-city). Among the 20 cities, Portland led the way […]
The Massachusetts housing market has exploded according to the RE/MAX Leading Edge June Housing Report. For the first time since 2014, sales of combined condo and single family homes in Massachusetts increased +8.9% year-over-year, while month-over-month sales increased +45.3%. Inventory is down -17.5% year-over-year but is up for the 4th consecutive month. The median price […]
The consistent spring weather helped to propel the New England housing market forward in May. Month-over-month, home sales were up 29.2% over April’s numbers, and year-overyear, home sales increased by 0.5% in the region with 14,960 recorded sales. Across New England, median prices were on the incline in every state in the region, except Massachusetts, […]
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