Toby M Grooms at Massic Properties

Toby M Grooms at Massic Properties We are client focused serving Greater Boston and surrounding areas on the South Shore and more.

Sun Belt Markets Dominate Top 10 Markets to Watch in 2023
01/09/2023

Sun Belt Markets Dominate Top 10 Markets to Watch in 2023

Toby Grooms is a real estate agent with The Massic Group. Check out Toby Grooms's listings or office listings.

Boston Market Update
01/02/2023

Boston Market Update

Toby Grooms is a real estate agent with The Massic Group. Check out Toby Grooms's listings or office listings.

Housing market has 'further to fall' as buyers walk away and sellers scramble for profitContact me to discuss the latest...
12/31/2022

Housing market has 'further to fall' as buyers walk away and sellers scramble for profit
Contact me to discuss the latest scoop in real estate!

The whole reason home prices soared in 2020 and 2021 is that the real estate market didn't have enough inventory to meet buyer demand. But as more and more buyers drop out of the market due to factors such as rising mortgage rates and recession fears, the gap between supply and demand is apt to narr...

Ask Me Anything!Have questions about real estate but not sure where to start?
12/20/2022

Ask Me Anything!
Have questions about real estate but not sure where to start?

Have questions about real estate but not sure where to start?

Realtor.com releases predictions for 2023 Mass. real estate costs, ratesContact me to discuss the latest scoop in real e...
12/18/2022

Realtor.com releases predictions for 2023 Mass. real estate costs, rates
Contact me to discuss the latest scoop in real estate!
https://www.roomvu.com/nws/sg054UGWr5Ix12E

In Boston, Realtor.com predicts that sales growth will be down by less than a percent but that prices will increase by 9.5% year over year. And in Springfield, sales growth will increase by less than a percent, while prices will increase by 8.9% year over year. The median listing price of the Boston...

Inflation and the housing market: How to cope with high home pricesContact me to discuss the latest scoop in real estate...
12/11/2022

Inflation and the housing market: How to cope with high home prices
Contact me to discuss the latest scoop in real estate!

For one thing, the Fed’s interest rate hikes have increased mortgage rates to more than 7 percent. For another, prices for shelter in the CPI continued to rise — the rent index rose 0.7 percent and the owners’ equivalent rent index rose .6 percent last month — and in fact were “the dominan...

Here's How Much You Need To Earn To Buy A Home In 2022Contact me to discuss the latest scoop in real estate! ...
12/03/2022

Here's How Much You Need To Earn To Buy A Home In 2022
Contact me to discuss the latest scoop in real estate!

According to the National Association of Realtors' most recent quarterly report, home prices rose in the vast majority of metro areas in the third quarter of 2022, pushing up the median income required to buy a home in the U.S. as purchasers battled mortgage rates that were close to 7%. Retail Inves...

Find out if it's time to sell your homeHow much is your home worth? Type your property address and get a quick home esti...
11/22/2022

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

How much is your home worth? Type your property address and get a quick home estimate.

The Fed Says the Housing Market Needs a Correction
11/14/2022

The Fed Says the Housing Market Needs a Correction

Toby Grooms is a real estate agent with The Massic Group. Check out Toby Grooms's listings or office listings.

Residential Rents Are Declining In Many Real Estate MarketsContact me to discuss the latest scoop in real estate!
11/08/2022

Residential Rents Are Declining In Many Real Estate Markets
Contact me to discuss the latest scoop in real estate!

When markets where multiple REITs are operating — like Tampa, Orlando, Phoenix, Las Vegas and Dallas — at the same time see rents decline by even 1%, it represents a direct threat to projected investor returns. It doesn’t necessarily mean that investors are going to lose money (assuming the ma...

MA real estate: Sales decline in 3rd quarter means good buyers marketContact me to discuss the latest scoop in real esta...
11/05/2022

MA real estate: Sales decline in 3rd quarter means good buyers market
Contact me to discuss the latest scoop in real estate!

Real estate sales in the third quarter, which closed Sept. 30, indicate a cooldown in the Greater Boston housing market. Despite the declining number of sales, the median sales price of a single family home in Greater Boston is still a record high, climbing 5.8 percent over the prior 12 months from....

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