New Listings week ending

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Here are the New Listings after Memorial Day:

Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest Inventory numbers:

 

And these recent articles:
Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop (more…)

Open Houses weekend June 10/11

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Here are this weekend’s Open Houses (an updated list for Sunday will be posted tomorrow at 8 a.m.*):

 

Click on these links for details:

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House

*due to the timing of the MLS feed not all the Sunday OHs show up in today’s links but they will in tomorrow’s post

And these recent articles:

Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop (more…)

New Listings mid-week June 7

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The increase in New Listings after Memorial Day continues:

Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest Inventory numbers:

And these recent articles:
Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop (more…)

Open Houses Sunday June 4

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Here are today’s Open Houses:

 

Click on these links for details:

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House


And these recent articles:

Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop (more…)

June Inventory shows modest increases

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Single Family Homes (SFH)
After holding steady for much of the year, SFH inventory did see a boost in June, albeit only to the levels of the last two years and still well below that in 2020:

Condos
Condo inventory saw a more modest increase and remains well below half the 2020 level:

Mortgage rates
As inflation soared well beyond the Fed’s preferred 2%, interest rates climbed in 2022, driving mortgage rates to a multi-year high.
As inflation appeared to slow in early 2023, coupled with the failure of some large banks, the yield on 10T dropped, leading to a drop in the FRM of 1% . Inflation, however, has remained stubbornly high – and the labour market stubbornly strong- causing interest rates and the FRM to move up again.

And these recent articles:

Economic and mortgage commentary
Two signs Inflation is Slowing
Lies, Damned Lies and Inflation “Statistics”
Federal Reserve increase rates; Mortgage Rates drop
What drives Mortgage rates in one chart
How Marblehead’s 2023 Property Tax Rate is Calculated
Essex County 2023 Property Tax Rates:
Town by Town guide (more…)

Open Houses weekend June 3/4

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Here are this weekend’s Open Houses (an updated list for Sunday will be posted tomorrow at 8 a.m.*):

 

Click on these links for details:

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House

*due to an error in the MLS feed not all the Sunday OHs show up in today’s links but they will in tomorrow’s pst

And these recent articles:

Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop (more…)

New Listings week ending June 2

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Finally, an increase in New Listings after Memorial Day:
Click on these links for details:

Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest Inventory numbers:

And these recent articles:
Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop (more…)

New Listings after Memorial Day

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Just a handful of New Listings after Memorial Day:

Click on these links for details:

Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest Inventory numbers:


And these recent articles:
Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop (more…)

Open Houses Sunday, May 28

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Here are today’s very few Open Houses:

Click on these links for details:

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House

And these recent articles:

Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop
What drives Mortgage rates in one chart
How Marblehead’s 2023 Property Tax Rate is Calculated
Essex County 2023 Property Tax Rates: Town by Town guide
Why Mortgage Rates Will Fall (more…)

Open Houses Memorial Day weekend

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Here are this weekend’s Open Houses (an updated list for the very few on Sunday will be posted tomorrow at 8 a.m.*):

 

Click on these links for details:

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House

*due to an error in the MLS feed not all the Sunday OHs show up in today’s links but they will in tomorrow’s pst

And these recent articles:

Economic and mortgage commentary
Two signs Inflation is Slowing
Federal Reserve increase rates; Mortgage Rates drop
What drives Mortgage rates in one chart
How Marblehead’s 2023 Property Tax Rate is Calculated
Essex County 2023 Property Tax Rates: Town by Town guide
Why Mortgage Rates Will Fall (more…)

New Listings before Memorial Day

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Just a handful of New Listings heading into Memorial Day:
Click on these links for details:

Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest Inventory numbers: (more…)

New Listings mid-week May 24

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Just a handful of New Listings heading into Memorial Day:

Click on these links for details:

Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest Inventory numbers: (more…)

Two signs inflation is slowing

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During the supply problems of recent years, two products that seemed to be particularly affected – and whose prices rose sharply – were kitchen appliances and cars.

Here are two indications from my mailbox this week that the situation has changed (the first is from a car dealer, the second from Home Depot):

And read these articles:
Economic and mortgage commentary
Federal Reserve increase rates; Mortgage Rates drop
What drives Mortgage rates in one chart
How Marblehead’s 2023 Property Tax Rate is Calculated (more…)

Open Houses Sunday May 21

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Here are today’s Open Houses:

Click on these links for details:

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House

And read these recent articles: (more…)

Open Houses weekend May 20/21

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Here are this weekend’s Open Houses (an updated list for Sunday will be posted tomorrow at 8 a.m.*):

Click on these links for details:

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House

*due to an error in the MLS feed not all the Sunday OHs show up in today’s links but they will in tomorrow’s pst

And these recent articles: (more…)