Market Updates

Jan. 1, 2022

January 1 Market Update

2021 Record Sales and Sale Prices

Downtown Boston95% of Boston Enjoying a Seller's Market

What a phenomenal end to a crazy year. The stock market rose to dizzying heights and then came crashing down. Inflation soared into double digits with no letup in sight. COVID. COVID. COVID. And yet, buyers ...

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Dec. 29, 2021

End of Year Wrap Up

Politics, Economy, and Real Estate

Before launching into what we might expect in 2022, we should first see if there are any lessons to learn from 2021 or even further back in time. When we heard the results of the 2020 election coming in, I took Joe Biden’s victory in ...

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Posted in Market Updates
Nov. 2, 2021

October 2021 Market Checkup

October Sales Surge On Cue

Rozzi HomeFall selling season kicks in - inventory levels decrease.

Although September sales produced mixed results with respect to market activity and the number of housing units available for sale by month's end, October sales were generally strong across the board and increasing the number of ...

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Oct. 5, 2021

Market Shift or Seasonal Shift?

September Sales = Mixed Message

$5 million dollar viewInventory in Boston Metroplex increases - but not everywhere.

The Greater Boston market continues to perplex market watchers. August sales usually slow with an increase in September. This year, half of Boston saw an increase in inventory in September... but not appreciably enough to pronounce that the ...

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Sept. 3, 2021

Housing Inventory Continues to Shrink

Housing Shortage Worsens

Sold in a weekThis new-construction home in Roslindale (photo of similarly built) sold even before we broke ground!

Although I expected to begin this post with something similar to "August sales slow", this is not the case. Normally sales do slow in the summertime  and especially in August, but sales ...

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Aug. 9, 2021

Outlook for Boston Real Estate Market

Has Our Real Estate Market Peaked?

Sold in 2 days

This charming-looking home in West Roxbury sold after having an open house; but...

there was no bidding war and it sold for less than asking. Why?
The principal reason why most markets across the metroplex saw a decrease in sales and an increase in ...
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July 5, 2021

July 2021 Sales Report

In Like A Lion, Out Like A Lion!

Sold in 2 days

Real estate sales, off the charts in May, continued to propel to record highs in volume and value in most Boston markets.

Although inflation across the spectrum of food, fuel and construction continues to raise prices on our everyday purchases, consumer confidence ...
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Posted in Market Updates
June 6, 2021

June 2021 Sales Report

Steady As She Goes!

Almost Summer

In spite of uncontrolled spending by the Feds and rising inflation, home sales in Boston continue at an unrelenting pace.

The consumer confidence which has fueled this "bull" market is thanks to the Feds maintaining artificially low interest rates in spite of rising inflation... the normal ...
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Posted in Market Updates
May 5, 2021

May 2021 Sales Report

Ah, Spring,

Spring has sprung

You are pretty much in full bloom in Boston now. All the pretty blossoms and flowers which have appeared these past couple of weeks are a welcome sight.

 

Although February and March are often the best times to have a home on the market, May and June ...

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Posted in Market Updates
April 4, 2021

Sales Report April 4 2021

Heating Up

Although we're done with winter now and the days are getting warmer, when I say things are heating up, I don't mean the weather... nice as it is to see warm, sunny days again. What I am referencing is how hot our real estate market is across Greater ...

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Posted in Market Updates