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Real Estate
This Massachusetts Housing Market Ranks First Nationwide For Projected Growth In 2023: Report This Massachusetts Housing Market Ranks First Nationwide For Projected Growth In 2023: Report
This Massachusetts Housing Market Ranks First Nationwide For Projected 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…

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by Joe Lombardi
Lifestyle
New Real Estate Trend Sees Millennials Snapping Up 'Cheap, Old Houses' Priced Under $100K New Real Estate Trend Sees Millennials Snapping Up 'Cheap, Old Houses' Priced Under $100K
New Real Estate Trend Sees Millennials Snapping Up 'Cheap, Old Houses' Priced Under $100K A new real estate trend has seen a growing number of millennials purchasing historic houses for less than $100,000. "Cheap Old Houses," an Instagram page run by a listing website, has seen significant growth in its following throughout the pandemic. The page began with 750,000 followers at the beginning of the pandemic, according to Business Insider. As of December of 2021, it has grown to 1.8 million followers. View this post on Instagram A post shared by Cheap Old Houses ™ (@cheapoldhouses) The page's founder told the news site that the …

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by Nicole Valinote
Lifestyle
These Massachusetts Zip Codes Among Top 100 Priciest In Country, New Report Says These Massachusetts Zip Codes Among Top 100 Priciest In Country, New Report Says
These Massachusetts Zip Codes Among Top 100 Priciest In Country, New Report Says Seven of the top 100 most expensive zip codes in the United States this year are located in Massachusetts, according to a new report. PropertyShark reported created this year's ranking of the top 100 most expensive zip codes in the US based on residential transactions closed between Jan. 1 and Oct. 22. The number of Massachusetts zip codes included on the ranking increased from four included in 2020's list, to seven this year.  The following locations were included in the ranking: 02199, located in Boston, was ranked second, with a median sale price of $5,500,000 02554, lo…

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by Nicole Valinote
Real Estate
Massachusetts Home Prices Soar To New Heights Massachusetts Home Prices Soar To New Heights
Massachusetts Home Prices Soar To New Heights The price of buying a home in Massachusetts continues to soar, even as the country contends with the COVID-19 crisis. The median sale price of a single-family home in March climbed to $485,000, according to a new report from the Massachusetts Association of Realtors (MAR), which has seen a rise in the number of houses being closed on. Year-to-year, the $485,000 median price tag on a single-family home is up 16.9 percent from 2020, while the price of condos is up nearly 7 percent, to $459,450. According to the report, the association reported that 3,385 single-family home sales closed in Ma…

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by Zak Failla
Real Estate
COVID-19: Pandemic Leads To Surge In 'Tiny House' Sales COVID-19: Pandemic Leads To Surge In 'Tiny House' Sales
Covid-19: Pandemic Leads To Surge In 'Tiny House' Sales It seems puzzling at first, but COVID-19 has increased demand for homes in the 120 to 500 square-foot range. Tiny homes, the seemingly quirky, sustainable living trailers that were popularized during the 2010s recession, are being sought in greater numbers, according to manufacturers and industry analysts. A manufacturer in California became so inundated with requests that he had to expand his warehouse from 12,000 square feet to 22,000 square feet, according to Yahoo News. 2020 wound up being a record year for the company and no one was more surprised than the owner. Why would anyone want…

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by Kristin Palpini