January 2017 Housing Report

Market Summary “Home buyers are storming open houses in anticipation of rising interest rates while sellers remain reluctant to sell keeping inventory at all time lows.  Our agents are experiencing packed open houses making purchasing a home as competitive as ever.  Our agents, however, are skilled at helping buyers make the most competitive offer with […]

December 2016 Housing Report

Market Summary “Serious buyers are out and about.  We have been pleasantly surprised at how well attended our open houses were in substantial snow.  Unit sales, inventory and pending sales have all slowed; a function of the inconvenience of having a home for sale over the holidays.  Our agents are busy talking to sellers who want to […]

November 2016 Housing Report

Market Summary The Greater Boston Market continues to stymie buyers and reward sellers who price right.  We are seeing a lot of sellers empowered by the market who want to challenge the market with higher prices and it is backfiring on them.  We know one of the biggest mistakes sellers make is thinking if they […]

October 2016 Housing Report

Market Summary “While the overall housing market in Massachusetts has slowed, there are certain pockets that remain highly competitive and almost immune from the natural ups and downs of the market,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “Greater Boston’s luxury markets like Belmont, Cambridge, Lexington, Newton and Winchester are stronger than ever and […]

September 2016 Housing Report

Market Summary “Schizophrenic,” best describes the market in and around Boston.  Our savvy agents observe an unpredictability as one property sells with stiff competition while a similar property might not be selling. The crazy political climate has injected uncertainty,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “Sale to list price ratios are falling, but […]

August 2016 Housing Report

August 2016 Housing Report Market Summary “While sales and inventory continue to frustrate buyers who can’t get a toehold in the market in hot communities, the increase in pending sales indicates a strong September and more opportunity as more sellers put their homes on the market in the next month or so,” says Linda O’Koniewski, […]

July 2016 Housing Report

Market Summary “Inventory has decreased for the 13th consecutive month which has exhausted buyers to a point they are retreating from the market,” says Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “Even the historically hot markets of Boston’s Seaport, Lexington, Melrose, Newton, Cambridge and Winchester are experiencing a slow down in sales.  We expect the […]

June 2016 Housing Report

Market Summary “Low inventory and pent-up buyer demand has created the perfect housing storm,” laments Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “The competition for homes in hot markets throughout Greater Boston has buyers frustrated and exhausted.  Conversely, seller’s hesitate to move because of buyer competition and their perception that the home they want is outrageously […]

2016 Mid-Year Housing Report

  Market Summary Here is the housing report skinny from Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “The lack of inventory is feeding on itself.  Folks are reluctant to put their house on the market to trade up or down if they are fearful a quality and worthy house won’t come along, or if it […]

May 2016 Housing Report

Market Summary According to the RE/MAX Leading Edge May Housing Report, Greater Boston continues to drive a strong Massachusetts housing market. Sales of combined condo and single-family homes in Massachusetts increased +10.2% year-over-year.  Inventory remains down 28.6% year-over-year and prices have risen 3.8%. “Low inventory has been the key driver of our market for well […]