Has the Pandemic Changed the Traditional Open House for Good?
Open houses used to be akin to dinner parties: You’re a guest in someone’s home and abide by certain rules. No snooping, no poking around in the basement, and no staying past your welcome.But these days, the peaceful open house is gone, replaced by a vibe that skews a little closer to high ...
Baystate Business Bloomberg
Steve Medeiros talks about the latest numbers from the local real estate market (23:38)https://www.bloomberg.com/news/audio/2021-04-22/baystate-business-weddings-are-back-radio Audio Block Double-click here to upload or link ...
Frenzied Real Estate Bidding Drives Mass. Home Prices Up

Bidding wars for many homes in Massachusetts are resulting in properties being sold for tens of thousands of dollars above their listing price.

The latest data from the Massachusetts Association of Realtors show the median selling price of a single-family home in March ...

WBZ NE Business News Report
“New England Business News buying a home in Massachusetts continues to be an economic lesson in supply and demand.“We're seeing more inventory coming on which at least is giving the buyers who are out there in the market some more options to choose from.” Steve Medeiros, President of the ...
NECN
Click Here for the Video: Here’s Why the Real Estate Market is So Hot Right Now (3:45)“If you look at the end of January last year, we had 9700 homes for sale, just under that. You look at the end of January this year, we have 3500 homes for sale, just under that, so that's about 64% drop in ...
Worcester Business Journal
Unprecedented 2020 spike in Central Mass. home prices likely to carry forward in 2021“The pandemic has sent some residents fleeing from a few of the country’s highest-price markets such as New York City and the San Francisco Bay Area. Greater Boston has so far avoided that fate, perhaps at ...
Real Estate by Boston.com & Globe.com
Why availability is the new affordability when it comes to home buying “It’s a hyper seller’s market right now,’’ said Steve Medeiros, president of the Massachusetts Association of Realtors. With less than a month’s supply of homes on the market in December, Medeiros said — down from two ...
Boston Agent Magazine

“January started 2021 off strong for the housing market in Massachusetts. Inventory constraints continue to persist, but we are hopeful that an active year for new construction and an increase in spring home sellers will bring more opportunities for buyers,” 2021 MAR President

MAR: 2021 home sales surge; increase in spring sellers expected
A cold winter is no match for home sales as they continued to increase last month despite all-time high prices and record low inventory.Massachusetts home prices are in the top 10 of all-time highs. Single-family home sales increased 7.8% to 3,584 compared to last year, while condo sales were ...
Bloomberg Baystate Business for Wednesday, January 20th, 2021
Click Here for listen to the radio broadcast: Steve Medeiros, President of the Massachusetts Association of Realtors (27:33)HOST: In this hour of discussing real estate, we talked about commercial real estate, we talked about commercial development there, we wanna move to the residential ...
The Real Estate Market Is Hot. First-Time Buyers, Keep Your Cool
Be Firm on Your Needs, Flexible on the RestThink deeply about why you want to buy a home, says Josh Harris, a certified financial planner and lecturer in finance at Clemson University. Use those reasons to help distinguish between the features you need and the amenities that would be nice to ...
How First-Home Shoppers Can Keep a Cool Head in a Hot Market

Be willing to compromise on cosmetics you can change and amenities you don't need. Sometimes first-time buyers expect homes to look perfect, says Stephen Medeiros, president-elect of the Massachusetts Association of Realtors and an associate broker at Keller Williams Realty in ...