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Worcester affordable housing advocates want innovation, action

Worcester affordable housing advocates want innovation, action
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Unprecedented 2020 spike in Central Mass. home prices likely to carry forward in 2021

Home prices are soaring, and there’s virtually no inventory on the market. It’s a phenomenon not at all unique to Central Massachusetts.
Single-family home prices had already been on a long, steady climb across Massachusetts, which has one of the country’s most expensive residential real estate markets. The coronavirus pandemic, despite the coinciding recession, has only made prices rise higher still.
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Mike DeLuca, the president of the Realtor Association of Central Massachusetts
“COVID just magnified it 10 times,” said Mike DeLuca, the president of the Realtor Association of Central Massachusetts.
Few areas of the residential real estate sales market have been untouched by the pandemic. ....

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