âJust frozenâ: Greater Bostonâs housing market remains locked up and expensive
By Tim Logan Globe Staff,Updated April 7, 2021, 1:41 p.m.
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Patricia Baker (center) with Keller Williams Realty in Newton, talked with her clients after they left an open house.Pat Greenhouse/Globe Staff
The spring home-buying season, marked by April open houses and May closings, is nearing its peak. This year, though, itâs been more like a bump.
The reason? Thereâs just not much to buy out there.
The number of homes for sale in Greater Boston â especially single-family houses in the suburbs â is at its lowest spring level in years. At the same time, attractive interest rates and pent-up demand have increased the number of people looking to buy.
Looking to spruce up your home this spring? Here s what you need to know
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New Listings Still Down as 2021 Gets Underway - Banker & Tradesman
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A Fall River home is about nine times as big as one in L.A. Theyâre listed for almost the same price
By Amanda Kaufman Globe Staff,Updated December 22, 2020, 4:19 p.m.
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An ornate, seven-bedroom, three-story home in Fall River is about nine times the square footage of a two-bedroom home in Los Angeles. Theyâre listed for almost the same price.
On Zillow, a listing for the Fall River home on Highland Avenue describes the property as a 7,860 square-foot colonial with six bedrooms and 6.5 bathrooms on 1.52 acres of land. Photos on the real estate site show an intricately decorated home with a large kitchen, multiple seating areas, and large, grassy front and back yards.
Eileen McEleney Woods December 22, 2020 3:19 pm
The median selling prices for single-family homes and condos hit record highs for the month of November and show no signs of abating, even as the real estate market slips into its usual winter lull, a report released Tuesday suggested.
The $700,000 median sales price of a single-family home was nearly 17 percent higher last month than it was in November 2019, and the median condo cost, $579,000, was a 2.5 percent year-over-year jump, according to the Greater Boston Association of Realtors.
“There’s a lot of upward pressure on prices right now, especially in the suburban starter and trade-up home markets where listings are at a premium many homes are selling at or above asking price because buyers are competing with multiple offers and paying top dollar to get the property,” said Jason Gell, association president and an agent with RE/Max Unlimited in Brookline. “When you factor in an increased propensity for larger