“Prices are flat-lining,” said Linda O’Koniewski, CEO, Leading Edge. “Cambridge saw the most exuberant growth into 2019 but condo prices in Cambridge are the same as they were last year. The condo growth spurt in South Boston has soured prices in that neighborhood by nearly 6%.  Arlington and Melrose captured headlines for being the

[...]

“For the first time, median home prices cracked $400,000 in Massachusetts and are now at $409,000, which doesn’t make sense to anyone looking for homes in Greater Boston,” reports Linda O’Koniewski, CEO, Leading Edge. “The average property in the Berkshires is $217,000, while purchasing a home in Middlesex County averages $570,000, and

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“This is a mixed housing market where it can be a buyer AND seller’s market in the same neighborhood,” reports Linda O’Koniewski, CEO, Leading Edge. “Affordable properties are moving swiftly if priced right and high-end and luxury homes are starting to sit on the market. One thing is clear, this generation of buyer has little appetite for fixing up homes.  Homes that are updated, on trend and well-staged at the right price are still flying off the shelf. Properties with older kitchens, baths, wallpaper, heavy drapes, furniture and carpet are more challenging to sell.  HGTV and Pinterest has influenced today’s buyers.”

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“Lower interest rates have fueled the stabilizing housing market,” reports Linda

O’Koniewski, CEO of Leading Edge. “Rates have dropped so much that mortgage

lenders are refinancing people who bought as recently as March. We expect the

interest rate boost to keep the market strong through fall.”

If you're looking to buy or sell in the suburbs North of Boston Contact us!

(Photo by Tom Rumble on Unsplash)

Recently, there's been a lot of news surrounding an impending recession. However, the same experts predicting an economic slowdown also believe it will not be caused by the housing market. If you're thinking of buying or selling a home, there's no need to panic- let's get together to address your concerns [...]

“The balance of power is shifting and sellers need to change their expectations of

what their home is worth,” reports Linda O’Koniewski, CEO of Leading Edge. “Say

good-bye to double digit appreciation. As we move toward a normal market, values

are shifting. An experienced real estate professional can provide data to ensure

homes sell at an optimal price for their [...]

Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year.

If you’re thinking of buying or selling, or if you just want to know what experts are saying is on the horizon, here are the top three things to put on your radar as we head into the [...]

"An agent recently described the current market as, squirrley," reports Linda O'Koniewski, CEO of Leading Edge. "As the market has softened, buyers are more finicky and more selective, and right now many sellers have unrealistic expectations of their home's worth. The bottom line is, homes must be priced right."

“Our market in Eastern Massachusetts remains extremely fickle,” reports Linda O’Koniewski, CEO of Leading Edge. “Homes that are not priced right, not “show ready” or are not in ideal locations are sitting and days on market are growing while others are still flying off the shelf.  Heed the advice of an experienced agent and sellers will realize a faster and more efficient sale.”

If you have any questions about our local market or if you are thinking about buying or selling a home in the North of Boston suburbs, contact the Ternullo Real Estate Team today!

“We are experiencing a fickle spring market,” reports Linda O’Koniewski, CEO of Leading Edge.  “Agents are reporting varying market conditions.  Open houses are bursting with attendance over here, and only two parties show up over there.  This mid-priced house, in a hot market priced well, goes without a bid on the call to offer date, this other mid-priced property, in a hot market priced well, is overwhelmed with competing buyers.  Change is in the air.”

If you have any questions about our local market or if you are thinking about buying or selling a home in the North of Boston suburbs, contact the Ternullo Real Estate Team today!