New Listings week ending July 9

A few more New Listings after July Fourth:

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New Listings mid-week June 16

Just a smattering of New Listings – again:

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New Listings week ending June 11

Here are the latest New Listings in Marblehead, Swampscott, Salem, Beverly and Lynn:

Open Houses
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New Listings week ending May 21

A few more houses are coming on to the market but they are still selling quickly. Here are the latest New Listings :

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Open Houses for Mother’s Day weekend

Most Open Houses this weekend will be held today rather than on Mother’s Day.
This list will be updated on Sunday morning (because of the quirks of MLS many of the Sunday Open Houses don’t show up on Saturday.)

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New Listings on Cinco de Mayo

No Cinco de Mayo celebration for New Listings which remain at a low level:

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Will the Housing Market Frenzy Die Down? That Depends on Sellers

The coronavirus pandemic raised the temperature considerably on the nation’s housing market. The past year has been marked by soaring prices, logic-defying offers over asking price, and steep competition as sellers have been hesitant to put their homes up for sale.

But the heart-pumping, bank account–depleting housing market frenzy could die down—at least a little—in the coming months as more sellers list their properties and inventory slowly increases. About 10% of current homeowners plan to put their homes on the market this year—and more than half are more affordably priced, according to an exclusive survey conducted by®. An additional 16% expect to list their properties within the next two to three years.

Typically, only about 8% of homeowners put their homes up for sale a year. This is about a 25% anticipated increase, which translates into about 1.5 million more homes. The increase may be due to folks holding off on selling their homes during the worst of the coronavirus pandemic.

“There is a brighter light at the end of the tunnel for many weary buyers,” says Senior Economist George Ratiu.“In a market that right now only has close to half a million listings, a big boost in inventory can mean more choices for buyers and potentially a slowdown in price growth,” says Ratiu. He was quick to add that prices won’t drop, but the double-digit growth may taper off. “It’s signaling a return to normal for the economy and the housing market.”

Read the full article: Housing Market frenzy could cool for this reason (more…)