P & A Real Estate - Keller Williams Pinnacle Metrowest

03/21/2023

First-time buyers were responsible for 27% of sales in February; Individual investors purchased 18% of homes; All-cash sales accounted for 28% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 34 days.

08/08/2022

The average rate for the most popular type of mortgage in the U.S. fell below 5%, capping the biggest two-week decline in 35 years.

07/13/2022

Compared to one year ago, affordability fell in May as the monthly mortgage payment climbed 51% and median family income rose by 4.5%.

06/04/2022

Instant Reaction: Mortgage rates remained roughly flat near 5.1% this week after falling for the last two weeks. Even though rates are still historically low, they are significantly higher than a year earlier. https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-june-2-2022

03/06/2022

03/05/2022

A perfect example of why you or your attorney should always read the contracts sign.

02/03/2022

Instant Reaction: "Mortgage rates remained unchanged from the previous week at 3.55%. Following the trend of the 10-year Treasury yield, rates took a pause from their recent rally." https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-february-3-2022

02/03/2022

The fraction of buyers who are waiving appraisal and inspection contract contingencies has been trending downwards in recent months, with REALTORS® saying that 19% of buyers waived the inspection contingency in December 2021, down from 27% in July, and 21% waived the appraisal contingency, down fro...

01/27/2022

https://www.youtube.com/watch?v=4YZoaKGMSAs

For December 2021 Closed Sales Data and more information on your board, county, region, or town, please visit visit www.marealtor.com/market-data/Or you can ...

01/24/2022

2022 Zillow Forecast.

Expect the strong sellers market to persist, the Sun Belt to remain highly in-demand and flexible work options to continue to shape housing.

12/15/2021

"Expect mortgage rates to rise in the following months. NAR forecasts mortgage rates to average 3.2% in December and reach 3.7% by the same time next year. Stay tuned."