Boston Real Estate Market in 2018

The housing market in Metro Boston is back on track and looking healthy for 2018.  A number of factors are driving this recent growth. The prediction is that prices will rise in 2018 as they will in most of the U.S. housing market.

The reason for the unusual late season surge is due to a big pent up demand from homebuyers and plenty of foreign real estate investors. Low mortgage rates, a strong economy, and the inventory of homes for sale is bolstering sales.

Massachusetts edged out Minnesota as the best state to raise a family, according to a study conducted by WalletHub.

The personal finance website looked at five key categories — family fun, health and safety, education and child care, affordability, and socio-economics — using 42 metrics.

Stay up to date with our Castles Unlimited blog on the 5 Real Estate upcoming technologies for 2018

Beautiful updated one bedroom in the sought after community of Sargent Estates located in Brookline Village!

According to a report on realtor.com, luxury real estate lagged behind general market growth in 2017, despite that million-dollar homes now make up more than seven percent of the real estate market, a significant increase from [...]

With the new trend among women being later marriages, higher education, and increased presence in higher-paying jobs, the era of women homeowners has become a new market that real-estate agents need to be better prepared to serve. To do so, it is imperative to recognize women’s power as a buying pool and understand the meaning of [...]

Looking for an investment rental? New findings of HouseCanary—a provider of predictive real estate analytics and insights—suggests that the best deals are to be found in the cooler markets. At this time of year when activity is declining, investors are revealed to likely have better opportunities in markets with lower temperatures. In [...]

This week has seen a decrease in mortgage rates with the 30-year, fixed rate averaging 3.0%, down .02% from last week, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac. The 15-year, fixed rate is down from 3.32% to 3.30% as [...]

It’s no secret to brokers that the housing market has seen some short supply. The National Association of REALTORS® (NAR) recently reported a down of 10.4% from last year in the national inventory for pre-owned properties, but according to realtor.com® 2018 National Housing Forecast, groundbreaking is projected to increase to up to 3 [...]

In October, pending home sales have picked up steam, showing a 3.5 percent increase in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI), which posted 109.3 in October, an improvement from 105.6 in September, based on contract [...]

Real estate market sees increased home buying during the holiday months. 

Though it may not look like much now, Widett Circle has recently surfaces as the new development hot spot, and now a piece of it is on the market.

Formerly occupying the space was The New Boston Food Market, which held almost 20 acres of the area but is now putting it up for sale. This pieces of land, neatly sandwiched between South Boston [...]

According to CNBC, there has been a supply shortage of luxury homes in the US for the past two years. There was a 4.9 percent increase in values of the top 5 percent of homes sold in the third quarter of the year, according to Redfin, that stated the average of these homes was $1.71 million.

In the latest S&P CoreLogic/Case-Shiller Indices, home prices are reporting growth of up to 6.1% year-over-year in August, up from 5.9% in July. With the economy growing at a lesser pace, this was unforeseen.