Housing Inventory Drops; Mortgage Rates Rise

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Single Family Homes (SFH)
SFH inventory did not have the usual early summer bump this year and is now running 25% below last year’s level:


Condos
Condo inventory is een more depressed and is now 1/3 lower thn it was in 2022:
(more…)

New Listings week ending August 4

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Here are the latest New Listings:

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

Inventory continues to show a sharp drop from last year:

And these recent articles:
Marblehead Mid-year 2023 Market Stats
 Swampscott Mid-year 2023 Market Stats
 Salem Mid-year 2023 Market Stats

Economic and mortgage commentary
Two signs Inflation is Slowing (more…)

Open Houses weekend August 5/6

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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:
Bidding Wars return to North Shore
July Inventory shows Sharp Drop
Two signs Inflation is Slowing (more…)

New Listings mid-week August 2

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Here are the latest New Listings:

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

Inventory continues to show a sharp drop from last year:

And these recent articles:
Marblehead Mid-year 2023 Market Stats
 Swampscott Mid-year 2023 Market Stats
 Salem Mid-year 2023 Market Stats

Economic and mortgage commentary
Two signs Inflation is Slowing (more…)