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Real Estate Market Update | Cape Cod | 2023 2nd Quarter Vs 2022 2nd Quarter
Welcome to The Griffin Real Estate Market Update. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to MLSPIN, the marketplace for Boston residential properties, here’s what happened in Q2 2023 versus Q2 2022: Boston Average Sales PriceQ2 2022 – $1040618.32Q2 2023 – $1192025.32increased by […]
Welcome to The Griffin Real Estate Market Update. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to MLSPIN, the marketplace for Boston residential properties, here’s what happened in May 2023 versus April 2023: The Number of SOLD listings increased by 23% to 135 properties […]
Welcome to The Griffin Real Estate Market Update. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to MLSPIN, the marketplace for Brookline residential properties, here’s what happened in Q1 2023 versus Q1 2022: The Number of SOLD listings increased by 56% to 112 properties […]
On Wednesday, the Federal Reserve increased interest rates by a quarter percentage point, marking a 14-month campaign against enduring inflation. With indications of a weakening job market and decelerating economic growth, experts predict this may be the last rate hike for the foreseeable future, as instability in the banking sector introduces new uncertainties. The Fed […]
Many real estate agents and trainers like to quip that, “buyer are liars,” and that thought is a terrible way to begin your approach to help a home buyer. The simple truth is that buyers start their search at the outer ring of the bullseye not sure of what they really want to buy. It’s […]
Silicon Valley Bank and Signature Bank’s collapse, along with broader international financial volatility, have complicated the Federal Reserve’s decision to announce a 0.25% increase in the target federal funds rate. Recent developments are likely to result in tighter credit conditions, which could affect economic activity, hiring, and inflation. Despite this, the decision to raise interest […]
The recent collapse of several banks, including Silicon Valley Bank, has created shockwaves throughout the already-fragile economy. According to Lawrence Yun, the chief economist of the National Association of REALTORS®, this could impact the real estate industry. Specifically, Yun believes that the Federal Reserve will be less aggressive in raising its short-term interest rates due […]
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