Every conversation about mortgage rates starts the same way. The Fed raised rates. The Fed is holding rates. The Fed might raise rates again. It is all Fed, all the time — as if Jerome Powell’s successor Kevin Warsh is the single lever controlling the cost of borrowing in America. He is not. And if […]
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Osterville gained meaningful momentum in the second quarter, with the average sales price rising 5% to $2.13 million and the median jumping 38% to $1.49 million. Despite active listings increasing 57%, strong sales activity pushed available inventory down 26% to just 3.05 months. While one quarter does not establish a lasting trend, the key question […]
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Construction on the new Sagamore Bridge is set to begin in late 2027. That is no longer a rumor or a projection. MassDOT has completed foundation load testing, is finalizing the selection of the design-build contractor, and expects to award a construction contract by the end of this year. The crane you saw looming over […]
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Last week I wrote that the easy market was over. That prices were falling, inventory was rising, and the Fed had threatened to make it worse. I did not expect to be back this week with an even harder message. Yesterday, President Trump declared the Iran ceasefire “over.” US forces struck Kharg Island — Iran’s […]
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