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Real Estate
These Mass Locales Among 20 Hottest Housing Markets In US, New Report Says
Blink and you could miss out on homes in these Massachusetts locales, among the hottest housing markets in the country, according to a new ranking. Three metro areas in the Bay State made Realtor.com’s “20 Hottest Housing Markets” list for April 2024. To come up with its ranking, the real estate website looked at two key factors in analyzing house markets: Market demand, measured by unique property views on Realtor.com, and the pace of the market, measured by how long houses are for sale. The following Massachusetts metro areas made the ranking: No. 2: Springfield. Median listing …
Real Estate
Mass Town Among Top 10 'Hottest' Real Estate Markets In Nation, New Report Says
Although they may not be necessarily saving money, future Massachusetts homeowners are neglecting properties closer to Boston in favor of a suburb that is now among the top 10 "hottest" markets in the nation, according to a new report from Realtor.com. The Essex County town of Andover has taken the No. 4 spot on Realtor.com's list of the top 10 "hottest zip codes" in the US, according to the new report from late August. The annual rankings are determined by taking into account both the market demand, determined by the number of unique viewers per property on Realtor.com's website; an…
Real Estate
2 New England Housing Markets Among Top 10 Nationwide Positioned For Growth In 2023: Report
According to a brand-new report, two housing markets in New England, one in Connecticut and the other in Massachusetts, are among the Top 10 nationwide positioned for growth in 2023. Roughly 23 percent of housing inventory is affordable at the median income level in the Top 10 metros across the country, according to realtor.com. Hartford-West Hartford-East Hartford is ranked No. 1 nationally with 6.5 percent projected year-over-year sales growth and 8.5 percent price growth predicted this year, realtor.com said. Worcester, at No. 4, has a 2.5 percent sales growth predicted in 2023 an…