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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Griffin Realty Group, 2026
I want to talk about something I have been watching for several months — something that is showing up in my conversations with buyers, in sellers’ behavior, and in the competitive intelligence I get from firms across the market. The data is just now confirming what experienced agents have been feeling since early spring. The […]
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There is a chart I want you to look at before we talk about anything else. It is the OECD Composite Consumer Confidence Index for the United States, sourced from the Federal Reserve’s FRED database. It tracks how Americans feel about the economy, their finances, and their prospects — going back to the early 1960s. […]
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Kevin Warsh held his first press conference as Federal Reserve Chair this afternoon. Markets did not like what they heard. The Dow dropped over 500 points. The S&P fell more than 1%. Two-year Treasury yields jumped 16 basis points — the highest level in over a year. The dollar surged. Gold cratered. And if you […]
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Something shifted today—and it wasn’t just the decision to hold rates steady. When Jerome Powell kept policy unchanged at the Federal Reserve, that part was expected. What wasn’t expected—and what the market is really reacting to—is the growing sense that the Fed itself is no longer fully aligned. And when the Fed loses alignment, the […]
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iQoncept via Shutterstock
Not long ago, the mood across both Wall Street and Main Street felt heavy. A sharp drop in the stock market—sparked by war headlines and rising global tension—shook investor confidence. At the same time, a long, blustery winter in the Northeast didn’t just freeze the ground… it slowed people down. Showings were lighter. Buyers hesitated. […]
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SkazovD via Shutterstock
Over the past few weeks, the headlines have been relentless—war in Iran, oil spikes, and stock market volatility dominating the news cycle. While these issues may seem distant from your local housing market, they are having a very real and immediate impact. The connection is not always obvious, but it runs through something far more […]
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Alive Color Stock via Shutterstock
There’s a subtle shift happening right now—and if you’re paying attention, you can feel it. As geopolitical tensions drag on, the stock market is softening, not collapsing. When portfolios dip, people feel poorer—an important psychological effect. That feeling—more than any headline—is what begins to ripple into the real estate market. The Wealth Effect Is Real […]
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Gustavo Frazao via Shutterstock
Mortgage rates have fallen to their lowest level in nearly four years. The average 30-year fixed rate is now hovering around 6%, according to the latest Freddie Mac survey — down sharply from the 7.5% range we saw at the peak of the rate cycle. That move is significant. But the more important question is: […]
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