The American Dream is Dead? - Massachusetts Real Estate Market Update
Channel: Living in Boston & the Burbs by Jeffrey Chubb
Date: 01/11/2023

The American Dream of homeownership is dead? That is what we will talk about today in the Massachusetts Real Estate Market Update. Plus let's talk about what looks like to be the inflection point for inventory levels in the Fall market and how this plays out for the Spring 2024 market.

✅ Please Subscribe → https://rb.gy/8jc1g  . This video is about the Massachusetts Real Estate Market. These videos are produced every week to provide market color about the local real estate. 

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Massachusetts Real Estate Market Update. This is for data consisting the week ending 11.1.2023.
Recap of Video:
✅ Single Family 🏠 & Condo data for the week of 10/30/2023!
✅ Current Interest rate environment and the dead American Dream.

➡️ Single Family 🏡 Real Estate Market Data Week over Week ⬅️
✅ Single Family inventory of 4,733 homes available to buyers with 840 🏠 homes coming on the market this week.
✅ 860 Single Family homes went under agreement with 734 Single Families 💰 selling for an average price of $789k and a Median Price of $620k.

➡️ Condo Real Estate Market Data Week over Week ⬅️
✅ Condo inventory in Massachusetts on 📅 10/30 was 2,612 condos available to buyers with 349 newly listed condos coming on the market last week.
✅ 320 Condos went under agreement with 313 Condos 💰 selling for an average price of $650k and a Median Price of $520k.

➡️ Mortgage Market News & Other Headlines ⬅️
✅ A level week for interest rates!
✅ The dead American Dream of homeownership.  
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It doesn't matter if you are looking to buy a home or selling a home, when it comes to Massachusetts Real Estate then we have you covered!

👇Connect with me 
Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty 

Wondering what the Massachusetts Real Estate Market Conditions are in 2023? Questions has the market turned into a buyer's market? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. Whether you are looking for a Boston Market Update or an entire Massachusetts Market Update, then this data will be helpful! He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate appreciating or Massachusetts Real Estate depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

Disclaimer: These are the opinions of Jeffrey Chubb personally and not eXp Realty. You should do your own research to come up with your own conclusions when it comes to making the investment decision of buying or selling real estate.