MGS Group

May 11, 2024

Market Update Week of 05/11/2024

 

Spring is here, and it's a great feeling. Not only are the flowers and trees racing to reach full potential, but so is the market. Inventory has burst (a little) building up at a brisker pace than we have seen. It's nice for buyers to finally have ...

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Posted in MGS Group
April 12, 2024

Market Update Week of 04/12/2024

 

No surprise here, the inflation numbers went up in March, and now it looks like we won't see a rate decrease in June. This may upset some people when I say this, but I do think they have to wait on lowering interest rates right now. Home prices ...

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Posted in MGS Group
March 22, 2024

Market Update Week of 03/22/2024

The agreement between the National Association of Realtors and the Department of Justice is something I am following closely. The main takeaways are that the Multiple Listing Service can no longer have a column that outlines what the Realtor fees will be during a transaction. As it has always been ...

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Posted in MGS Group
March 14, 2024

Market Update Week of 03/14/2024

Last week Forbes Magazine published its list of the most expensive zip codes to buy a house in the US, and Boston is ranked as the number TWO city in the country. As you can imagine swelling prices just down the pike have a rippling effect out here. Nationally all ...

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Posted in MGS Group
March 1, 2024

Market Update Week of 03/01/2024

Expect prices to go up! It's that simple. Most new listings are receiving stunning offers, sometimes before they even hit the market. Redfin reports that year over year in January, prices were up nearly 7% nationally.

 

Does it feel like more of the same? In a way, it ...

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Posted in MGS Group
Feb. 16, 2024

Market Update Week of 02/16/2024

Each week, I write about all the great towns just west of Boston. Do you know the details that make up these areas? You do now!

 

Tax rates in many towns have decreased in recent years, BUT of course the sales price and in turn the assessments have gone ...

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Posted in MGS Group
Jan. 12, 2024

Market Update Week of 01/12/2024

Happy New Year! I hope it is off to a great start. I welcomed in the new year with a birthday and a nasty case of Covid, but I can happily report it is now behind me. Let's go!!!

 

It's time to look forward and help shape ...

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Posted in MGS Group
Dec. 1, 2023

Market Update Week of 12/01/2023

 

A quick snapshot of the market this week, since real estate transactions are at a quiet hum while the world rushes around prepping for the holidays and vacations.

The pending home sales index tracked by the National Association of Realtors dropped 1.5% in October—the lowest number of contracts ...

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Posted in MGS Group
Dec. 1, 2023

In Defense of a Buyer's Agent

It's the elephant in the room! I don't want to have to defend my value as a full-time real estate agent, but the public is asking us to. Multiple lawsuits filed around the country claim sellers should not have to pay a buyer agent fee. In our area ...

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Posted in MGS Group
Nov. 17, 2023

Market Update Week of 11/17/2023

Listen closely, and you will hear a sigh of relief. Look closely, and you will see a big smile on the faces of those who follow the economy. Retail sales slowed and inflation is cooling overall, just what the Federal Reserve aimed to do. If the economy resets, the ...

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