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Massachusetts 2023 Year in Review

Lamacchia Realty

There were 71,149 homes listed on the market compared to 2022, which had 87,536. Sellers are sitting on their hands because although they may want to move, they’re hesitating to do so because they don’t want to trade in their pandemic-era rates. Therefore, we are in a market with the lowest amount of new listings since 1994.

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New Hampshire 2023 Year in Review

Lamacchia Realty

Sales in New Hampshire declined by 18.9% The drop in nearly 4,000 closings wasn’t just because buyers weren’t buying; they would, but many couldn’t because sellers weren’t selling. 2023 Sees the Lowest Number of Homes Listed in Twenty-Three Years Listings in 2023 experienced a substantial 15.1% Sales Decline by 18.9%

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May Housing Prices Set Record Highs Despite Signs of Pending Slowdown

Will Springer Realtor

The single-family-home category – which includes townhomes – shows a 25% climb in new listings (3198) from April and a 33% rise year-on-year (YoY), and many of those homes remain on the market. One wonders, as the number of active listings climbs when will supply meet demand. At least one academic believes it will be soon.

Buyers 63
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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

After peaking in 2004 at 69%, this country’s homeownership rate has slipped to 66%. The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY).

Buyers 36