Although housing prices are still falling nationally, pending home sales are up in Eastern Massachusetts. Real Estate experts believe the threat of rising interest rates coupled with higher rent in the Boston Metro has brought more buyers into the market. Enough buyers are writing earnest money checks in some area…
Approximately 17 percent fewer homes are for sale in the Boston Metro than at this time last year. In fact, housing inventory in the city is currently at an all-time low. Housing inventories on the waterfront and in Beacon Hill are down a whopping 36 percent. Many believe the limited…
According to Jed Kolko, chief economist at Trulia, the suburban Boston housing market looks quite promising for property sellers in 2012. Employment in Boston, like many so called “smart cities,” is focused heavily on both the technology and knowledge sectors. Economic indicators tend to show increased hiring at firms in…