Real Estate

Oct. 22, 2021

Market Update Week of 10/18/21

Hello!!! It feels so good to be writing my blog again. My transition to MGS Group is complete, and fantastic!!
THANK YOU to everyone for your incredible support and kind words over the last few weeks. I am so excited to open our Wellesley office, and can't wait to ...
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Sept. 30, 2021

Market Update - Week of 9/27/21

As many of you know I am a former television journalist, so I am always looking at ANY headline with a healthy dose of skepticism. I don’t assume that they’re wrong, but I like to question everything to find the story behind the story.
When I see headline after headline ...
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Sept. 26, 2021

Market Update - Week of 9/20/21

I know you have been waiting for this day to come… as of this week, I am reporting that the market is cooling down just a bit. Thanks to everyone for the steady stream of articles you’ve sent me saying just that! The National Association of Realtors (NAR) provided confirmation ...
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Sept. 16, 2021

Market Update - Week of 9/13/21

We are two weeks or so into the fall market, and as far as I can tell there are still no signs that it is slowing down. Houses continue to go under contract just days after being presented. Realtors continue to report that buyers are taking aggressive strategies to snag ...
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Sept. 3, 2021

Market Update - Week of 8/30/21

Hey sellers, let's get this party started! Buyers who are on the sidelines are ready to see some new listings. They are tired of getting lackluster alerts on their phone featuring very few new listings. What has come on continues to prove the theory that price matters.
A very ...
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Aug. 27, 2021

Market Update - Week of 8/23/21


 
Last week we took a hard look at the local real estate numbers- now, let's get an update on what is happening nationally.
According to the National Association of Realtors:
  • Existing home sales from June to July rose 2% nationally. 
  • The year to year median in the ...
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Aug. 19, 2021

Market Update - Week of 8/16/21

Hot off the presses!! Finally, we have local numbers (courtesy of Pinnacle Residential Properties) that prove just how strong the first half of 2021 shaped up to be! 
A close study of this chart of Wellesley helps us to unravel the full story of this historic market. If interested ...
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July 29, 2021

Market Update - Week of 7/26/21

What a week it has been! We brokered a multiple offer situation with nearly a dozen buyers all vying to call our listing theirs. People were creative in order to get this gorgeous home- dropping financial and inspection contingencies and tailoring their offer to the needs of the seller. It ...
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July 23, 2021

Market Update - Week of 7/19/21

This past week we saw fewer properties go under contract than in the recent past, but in my opinion this is really just a summer break. Even though mother nature tells us differently, it is summer, and many people are on vacation despite the rain.
While you may be reading ...
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July 4, 2021

Happy Fourth of July from Teri Adler and Pinnacle Residential Properties!