Elliman Anchors New Wellesley Office with Heavy Hitters
Douglas Elliman’s newest Boston-area office opened this morning in Wellesley, headlined by a pair of well-known figures from the MetroWest real estate scene.
Douglas Elliman’s newest Boston-area office opened this morning in Wellesley, headlined by a pair of well-known figures from the MetroWest real estate scene.
What should you make of the uptick in inventory and the slight slide in homebuyer demand? Is a return to a “normal” market on the horizon?
The number of towns with a median single-family home sale price of $1 million nearly quadrupled over the past eight years. And it is yet another sign as well that housing affordability in our state is going from bad to worse.
This may very well turn out to be the shortest and strangest real estate downturn in history, thanks in part to the economic inequality that has kept most workers in layoff-hit industries from ever being able to buy a home.
Unfortunately, as we head into 2020, it looks like the pocket listings trend is accelerating, hurting nearly everyone in the real estate industry.