Philip Salerni, Realtor

05/13/2026

🤣

He is not interested 😂

05/10/2026

New England is once again showing its resiliency in a broader market cooling that is occurring nationally. Broadly speaking, New England was more resilient during the 2008 housing crash than many other parts of the U.S., though there were important exceptions.
A few key patterns stood out:
The worst collapses were concentrated in “bubble” markets like Florida, Nevada, Arizona, and inland California, where prices had exploded and subprime lending was extremely aggressive. Some of those areas saw 30–50%+ price declines.

In New England, prices generally fell less and recovered faster, especially around economically strong metro areas like Boston. Supply constraints, older housing stock, stronger local incomes, and less overbuilding helped cushion the decline.
New England also had fewer of the speculative construction booms seen in the Sun Belt. There simply wasn’t the same level of excess inventory sitting empty when the market turned.
That said, New England absolutely was affected:
Parts of Rhode Island and eastern Connecticut were hit fairly hard. Some working-class cities and condo-heavy areas in Massachusetts saw significant foreclosures and price drops.

The Boston area did decline, but more moderately than the national hardest-hit markets, and it rebounded earlier than many regions. The Federal Reserve Bank of Boston noted that New England home prices did decline after peaking in 2006, but the region remained relatively expensive and structurally tighter than much of the country.

Springfield, MA, has claimed the top spot on https://rltor.cm/pibTL0's Hottest Housing Markets list for the second straight month, driven by its median listing price of $365,000, less than half of Boston's $832,500. The Northeast dominated April's rankings, claiming 16 of the top 20 spots, with Connecticut alone accounting for four top-10 markets.

05/03/2026

A new report from Knight Frank reveals a significant shift in how ultrahigh-net-worth individuals, defined as those with over $30 million, approach luxury real estate. These buyers are increasingly building a "network of homes" across different locations. For instance, tax strategy is a consistent theme for clients relocating to states like Florida, according to luxury real estate adviser Lourdes Alatriste.

05/03/2026

For many homebuyers, purchasing a property without an in-person visit was once unthinkable. Now, the National Association of Realtors® reports that between 5% and 7% of buyers acquire a home based solely on a virtual tour. This significant shift highlights how video technology is changing traditional real estate transactions.

05/03/2026

The U.S. housing market is currently seeing a significant shift in home prices. Median listing prices across the country fell 2.3% year-over-year for the week ending April 30, marking the 15th consecutive week of annual declines. This sustained cooling trend suggests a more favorable landscape for patient shoppers looking to buy a home.

02/05/2026

🤣😂

08/15/2025

Massachusetts now number one in the nation for most expensive state. Interesting read here:

This is how much you need to earn to buy a home in every state.

📍 Most affordable state: Iowa (Income needed: $75,999)
📍 Most expensive state: Massachusetts ($210,074)

The typical U.S. household earned 46% less than needed to afford a $439,950 home, the median list price in July, per Realtor.com.

Income needed to buy a house in every state: https://rltor.cm/x2f1pz

🌟 2025's Hottest housing markets have been revealed! See the full list: https://rltor.cm/j8hdpn

08/15/2025

The national housing market is cooling, but the slowdown looks very different depending on where you are. In the Northeast and Midwest, inventory remains tight. In contrast, markets in the South and West are shifting toward buyers, with homes sitting longer and more sellers cutting prices.

In July, we took a deeper dive into the metros with the sharpest median list price slowdowns, looking at changes not just year-over-year but also since 2022, when national home price growth peaked.

The biggest annual drops in median list prices came from Austin, Miami, Chicago, and Los Angeles, which led the list of the top 10 markets with the steepest declines.

See the entire July Housing Trends Report: https://rltor.cm/ofkfoe

🌟 2025's Hottest housing markets have been revealed! See the full list: https://rltor.cm/g5ygb2

08/08/2025

A sprawling 916,076-acre ranch in central Wyoming hit the market on Wednesday. The property — larger than Rhode Island and more than four times the size of New York City — is equipped for commercial cattle operations, with a riding arena, a church and mountain views. https://nyti.ms/46EwZTA

08/02/2025

While home prices are falling and sellers nationwide are cutting prices to lure buyers, Miami is doing the opposite. Instead of offering discounts, more sellers there are pulling their homes off the market than in any other city.

In Florida’s second-largest city, the typical home spent 88 days on the market last month, longest among the top 50 U.S. cities and 16 days longer than last year.

What's driving Miami sellers to delist: https://rltor.cm/k8z2bn