Cambridge MA Real Estate News

Metro Market Statistics in Massachusetts Understanding the numbers behind one of the country’s most dynamic real estate markets MABA MassachusettsRealEstate FirstTimeHomeBuyers #MaBuyerAgent Massachusetts has long been a hotbed for real estate activity, thanks to its blend of historic charm, top-tier schools, and strong job markets. From the urban intensity of Boston to the scenic suburbs and coastal towns, each metro area brings its own market flavor. Understanding metro-level statistics is essential for both buyers and sellers navigating today’s competitive climate. Whether you’re eyeing a Cambridge condo or a Worcester colonial, local data offers insight into trends, pricing power, and buyer […]

Cambridge named Boston’s most in-demand suburb MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Cambridge has been named the number one most in-demand suburb in the Boston metro area by moveBuddha. It’s not only the top in-demand suburb in the area, it also is the 21st-most in demand nationally. The publication ranked the 25 most desired suburbs using data from its 2025 moving survey. According to moveBuddha, Cambridge has an “in-to-out move ratio” of 1.39, which measures the ratio of 2025 planned moves in versus planned moves out. A rate above one suggests more people are moving into an area, while less than one […]

Minimum-Wage Workers Face Uphill Struggle to Make Rent MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent  To afford the $1,599 median-priced apartment, the ordinary minimum-wage earner in the U.S. would need to put in one hundred and six hours each week, according to a recent Redfin report. That’s astoundingly higher than the average forty hour work week. And according to Daryl Fairweather, Chief Economist at Redfin. “It’s virtually impossible for a minimum-wage worker to afford the typical apartment on their own.”  The analysis of median asking rentals for the three months ending January 31, 2025, and 2024 yearly wage data served as the foundation […]

Massachusetts needs 220,000 more housing units by 2035 to stay competitive, lower costs MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent  A new report from Gov. Maura Healey’s office finds the state needs to increase its housing supply by at least 220,000 units between now and 2035 to stay competitive and lower housing costs. Initial results of the Healey-Driscoll Administration’s comprehensive statewide housing plan, “A Home for Everyone: A Comprehensive Housing Plan for Massachusetts,” finds housing production in the Bay State needs to increase to meet community needs and lower costs statewide. Developed in consultation with the Housing Advisory Council, the plan is part […]

Nauset Delivers Fifty Nine Passive House Apartment Project to Somerville’s Union Square #MABA #MassachusettsRealEstate #MaBuyerAgent #FirstTimeHomeBuyers  Somerville, MA– Nauset Construction recently completed the Phase II building of the Union three hundred and forty six Apartments, located at 3 Hawkins Street, a fifty nine unit, transit-oriented apartment community in Union Square built to Passive House standards. This performance-based certification focuses on creating super-efficient building envelopes that significantly reduce energy use for heating and cooling, providing occupants with optimal comfort.  Developed through a joint venture partnership between John M. Corcoran & Company (JMC), The Grossman Companies, Inc., and SMT Development, this project […]

The best week to sell this year: April 14 – 20 MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Prospective sellers should prepare to jump on the market the week of April 14th through 20th will be the best time to sell this year, according to an annual report from Realtor.com. Nationwide, sellers that list during the third week of April will see the best conditions for listing prices, buyer demand and sales pace, as well as a lower chance of price reductions and competition from other sellers. Furthermore, a recent Realtor.com survey found that more than half of homesellers take about a month […]

Massachusetts sees double-digit increase in January home sales MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Massachusetts single-family home sales rose double digits in January as sales leveled off,  and prices of single-family homes and condominiums continued to show year-over-year growth, according a new Warren Group report January single-family home sales rose point two pwecent from last year to two thousand three hundred and ninety six. Meanwhile, the median single-family sale price increased ten point two percent to $550,000, a new high for the month. Cassidy Norton, associate publisher and media relations director of the Warren Group, said although single-family sales were relatively flat […]

December new-home sales jump eight percent MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Sales of new single-family homes surged 8% between November and December, climbing to an annual rate of 664,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Sales were up four point four percent compared to 636,000 a year earlier. The median price of a new home sold during the month fell to $413,200 from $426,000 in November. Year over year, the median price was down from $479,500 in December 2022. “Sales of new single-family houses in December 2023 blew past consensus expectations of […]

2023 Massachusetts home sales hit 12-year low MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Massachusetts single-family home sales fell to a twelve year low in 2023, according to a new Warren Group report. Limited inventory and record-high prices led to the decline, further straining the Bay State’s real estate market. December single-family home sales fell eighteen point four percent from 2022 to 3,150, marking the lowest sales for the month since 2008. Meanwhile, the median single-family sale price increased five point nine percent to $540,000, a new high for the month. Cassidy Norton, associate publisher and media relations director of the Warren Group […]

Inventory, affordability impacting Massachusetts homebuyers MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Affordability and inventory were the most significant issues facing Massachusetts homebuyers last year, according to the Massachusetts Association of Realtors (MAR) December housing statistics report released Tuesday. In December, the Massachusetts real estate market had its lowest number of single-family homes and condominiums for sale since 2004. That coincided with last month marking “the most significant reduction in year-over-year closed sales since September,” according to the report, which noted that nationally, however, existing home sales broke a five-month streak of declining sales. Amy Wallick, 2023 MAR president and realtor at Lamacchia […]