New Listings week ending
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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…)
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