Welcome to 2024! - Interest rates are beginning to fall a bit, and it looks like the economy may be coming in for that soft landing. Look for interest rates to continue loosening somewhat .
- Buyer demand has been strong, and we think that will continue and even increase as folks get back into the market.
- Supply has been tight, but we think that it inventory will increase enough to make a difference. As interest rates soften, we think more sellers will begin to consider their next move.
- Prices will continue to increase, but possibly on a more predictable slope.
- Tax relief in MA: $1B in tax cuts will provide a bit of stimulation to the real estate market.
We run our market reports every two weeks, so you can get an almost up-to the minute view of what's happening around town. Take a look! Thinking about your next real estate move? I'm very happy to answer all of your questions and to assist you with the experienced guidance you need! joe.wolvek@gibsonsir.com (617) 584-9790 Joe |