Selling Boston & the Burbs by Jeffrey Chubb

🤔Thinking of moving in Massachusetts? Let us help!🤠 Jeffrey Chubb 📱 Call or Text: 617-775-7687 📨 Email: Jeff@Boston2.com Sammy Iliopoulos 📱 Call or Text: 978-815-2445 📨 Email: Sammy@Rate.com = = = = = = = 2023 Real Estate Market Predictions Recap of Video: ✅ Interest Rate Predictions ✅ Home Price 💰 Prediction ✅ Home 🏡 Sales Prediction ✅ Home Inventory 📈 Prediction ✅ 2023 Wildcards These predictions are made for Massachusetts. Real Estate is local and market gains or losses will vary. These are the opinions of Jeffrey Chubb and Sammy Iliopoulos only and do not express the opinions of either Guaranteed Rate or eXp Realty. ====== Video Chapters 00:00 - Introduction 0:28 - Interest Rate Prediction 1:49 - Home Price Prediction 2:18 - Home Sales Prediction 2:46 - Home Inventory Prediction 3:37 - Wild Cards to be on the lookout for 5:52 - Conclusion ====== If this is your first time to this channel, and you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Boston, Massachusetts, then subscribe▶ and tap the bell🛎 for notifications so you can be the first to know about the current market in Boston Massachusetts.😁 We get calls and emails everyday from people just like you, looking for help on making their move to the Boston Metro area and we absolutely love it.😍 Whether you are moving in 9 days or 90 days, give us a call ☎, shoot us a text📝, or send us an email📨 so we can help you make a smooth move to the Boston area.🤠 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2023? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. Whether you are looking for a Boston Market Update or an entire Massachusetts Market Update, then this data will be helpful! He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate appreciating or Massachusetts Real Estate depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

🤔Thinking of moving in Massachusetts? Let us help!🤠 📱 Call or Text: 617-775-7687 📨 Email: Jeff@Boston2.com Subscribe 👉👉👉 https://www.youtube.com/channel/UC-lusRatl0KON95AuqudckQ = = = = = = = In this episode we take a trip back in history to look at what happened in the 2008 market correction with neighborhoods in Boston. Why? Well they often say to know where you are going, you have to look at where you have been. For those looking to buy, then it would be important to know which neighborhoods performed better then the average and which ones did worse. About this video: This video breaks down the top 5 and bottom 5 neighborhood performance in Boston during the 2008 market correction. We look at the average sales price for each year in each neighborhood and evaluate the correction from the peak to the Boston Neighborhoods low point. ====== 00:00 - Intro 01:37 - Top 5 Performer 02:10 - Top 4 Performer 02:43 - Top 3 Performer 03:17 - Top 2 Performer 03:55 - Best Performing Neighborhood 04:30 - Bottom 5 Performer 05:21 - Bottom 4 Performer 06:02 - Bottom 3 Performer 06:39 - Bottom 2 Performer 07:23 - Worst Performing Neighborhood 08:25 - Conclusion ====== If this is your first time to this channel, and you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Boston, Massachusetts, then subscribe▶ and tap the bell🛎 for notifications so you can be the first to know about the current market in Boston Massachusetts.😁 We get calls and emails everyday from people just like you, looking for help on making their move to the Boston Metro area and we absolutely love it.😍 Whether you are moving in 9 days or 90 days, give us a call ☎, shoot us a text📝, or send us an email📨 so we can help you make a smooth move to the Boston area.🤠

🤔Thinking of moving in Massachusetts? Let us help!🤠 📱 Call or Text: 617-775-7687 📨 Email: Jeff@Boston2.com Subscribe 👉👉👉 https://www.youtube.com/channel/UC-lusRatl0KON95AuqudckQ = = = = = = = Massachusetts Real Estate Market Update done weekly. This is for data consisting the week ending 11.28.2022. Recap of Video: ✅ Single Family 🏠 & Condo data for the week of November 28th. Inventory dropped... A LOT! ✅ Interest rates... STABILITY! ✅ Tracking distressed (foreclosures) properties for sale in Massachusetts. ✅ Massachusetts Luxury that is a SINGLE FAMILY in the Back Bay! ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 11/28 was 4,692 homes available to buyers. Year over year, buyers have 1,484 more homes available. ✅ 336 Single Family 🏠 homes came on the market this week! The average weekly new listings in September & October was 1,046. This large decrease was expected due to the Holiday. ✅ 621 Single Family homes went under agreement with 374 Single Families 💰 selling for an average price of $609k and a Median Price of $544k. ✅ Months of Inventory 🔼 decreased to 1.39 months from 1.43 months last week. This signals a Very Strong Seller's Market (A little misleading of a stat...). ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 📅 11/28 was 2,446 condos available to buyers. Currently 231 more condos for a buyer to choose from then compared to last year. ✅ 152 Condos came on the 🏛️ market this week. Holiday week expectation! ✅ 268 Condos went under agreement with 147 Condos 💰 selling for an average price of $559k and a Median Price of $475k. ✅ Months of Inventory 📈 decreased to 1.96 months this week compared to 2.03 months last week. This market is a LOT softer then this indicator would lead us to believe. ➡️ Mortgage Market News & Other Headlines ⬅️ ✅ Interest rates have been stable for the last two weeks! ✅ Rates are currently hovering around 2 month lows. ✅ Mortgage demand is now UP for the 3rd week in a row. ➡️ Let's talk foreclosures in Massachusetts ⬅️ ✅ Currently 126 Foreclosures for Sale with 35 Short Sales on the market. ✅ Distressed sales consist of 1.98% of the inventory on the market. ➡️ Massachusetts Luxury ⬅️ ✅ Single Family home in Brookline. ✅ Spans 6,883sqft with 6 bedrooms, 5 full and 2 half baths. ✅ Nestled on nearly 1 acre in Brookline ✅ Current asking price of $10.9m ✅ Check out this unbelievable home by clicking here! https://www.boston2.com/idx/82-sargent-rd-brookline-ma-02446/12712549_spid/ ====== Video Chapters 00:00 - Introduction 0:50 - Single Family Data 3:57 - Condo Market Data 5:55 - Mortgage Market Recap 8:05 - Massachusetts Distressed Data (Foreclosures & Short Sales) 9:06 - Massachusetts Luxury 9:55 - Conclusion ====== If this is your first time to this channel, and you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Boston, Massachusetts, then subscribe▶ and tap the bell🛎 for notifications so you can be the first to know about the current market in Boston Massachusetts.😁 We get calls and emails everyday from people just like you, looking for help on making their move to the Boston Metro area and we absolutely love it.😍 Whether you are moving in 9 days or 90 days, give us a call ☎, shoot us a text📝, or send us an email📨 so we can help you make a smooth move to the Boston area.🤠 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. Whether you are looking for a Boston Market Update or an entire Massachusetts Market Update, then this data will be helpful! He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate appreciating or Massachusetts Real Estate depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

🤔Thinking of moving to Boston Massachusetts? Let us help!🤠 📱 Call or Text: 617-775-7687 📨 Email: Jeff@Boston2.com Subscribe 👉👉👉 https://www.youtube.com/channel/UC-lusRatl0KON95AuqudckQ ====== Should you really move to Boston, Massachusetts? Today, we'll walk you through 12 CONS of moving to the Boston area! Let’s talk about a few of the downsides of living in Boston today. There are a TON of pros – don’t get me wrong. I wouldn’t live here if the pros didn’t outweigh the cons – but it’s worth noting that there are a few things that people don’t like about living here... Because everywhere has SOME negatives! ====== WEATHER YUP, it gets cold here! We enjoy all the seasons. EXPENSE We are a world class city. And there is a cost for that. DENSITY We know how to get a lot out of a little! TRAFFIC It's a 7 day a week type of challenge. DRIVING & PARKING Did I mention we are a dense city? Yes. Parking comes at a premium. MASS TRANSPORTATION This one will take a little while to get used to. It won't make sense at first... Or really ever. TAXES It is Taxachusetts after all... But the city of Boston really isn't bad. No income tax and a very reasonable property tax rate. REPUTATION OF UNFRIENDLINESS Darn it... We are reserved. Not rude. VERY "NEIGHBORHOODY" There are many different flavors of ice cream to appease everyone's tastes... We have a lot of different neighborhoods that are sure to check a lot of boxes. LOVE THEIR SPORTS TEAMS Let's go Bruins, Sox, Celtics and Patriots!!! Or else... NO HAPPY HOUR & LACKLUSTER NIGHT LIFE Bars close at 1 or 2am. Bad thing when I was younger. Makes complete sense now that I am old. SCHOOLS A lot to talk about here. BPS enrolls nearly 50,000 kids per year. ====== 00:00 - Intro 00:53 - Weather 01:52 - Expense 02:40 - Density 03:22 - Traffic 04:21 - Driving & Parking 05:37 - Mass Transportation 07:42 - Taxes 08:05 - Reputation of Unfriendliness 09:26 - Very "Neighborhoody" 10:38 - Love their sports teams 11:45 - No Happy Hour & Lackluster Night life 12:46 - Schools 13:57 - Conclusion ====== If this is your first time to this channel, and you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Boston, Massachusetts, then subscribe▶ and tap the bell🛎 for notifications so you can be the first to know about the current market in Boston Massachusetts.😁 We get calls and emails everyday from people just like you, looking for help on making their move to the Boston Metro area and we absolutely love it.😍 Whether you are moving in 9 days or 90 days, give us a call ☎, shoot us a text📝, or send us an email📨 so we can help you make a smooth move to the Boston area.🤠 ====== Learn all the Boston Neighborhoods: https://youtu.be/LhQF3ycZsGU ====== **All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording ====== Jeffrey Chubb Boston Massachusetts Real Estate Agent | Massachusetts Real Estate License: 9511479 Brokered by EXP Realty ====== #movetobostonmassachusetts #movingtoboston #bostonma

Massachusetts Real Estate Market Update done weekly. This is for data consisting of the month of October 2022 and the week leading up to 10/31/2022. Recap of Video: ✅ Single Family 🏠 & Condo data for the month of October as well as the week leading up to October 31, 2022. What? Inventory went down? ✅ Interest rates... More of the same, but a big two weeks ahead. ✅ Home prices have gone down in Massachusetts? Yes. But no. ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 10/31 was 5,417 homes available to buyers. Year over year, buyers have 1,184 more homes available. ✅ 957 Single Family 🏠 homes came on the market this week! The average weekly new listings in September & October was 1,046. ✅ 1,095 Single Family homes went under agreement with 1,112 Single Families 💰 selling for an average price of $681k and a Median Price of $545k. ✅ Months of Inventory 🔼 increased to 1.51 months from 1.49 months last week. This signals a Very Strong Seller's Market (which is a misleading and I talk about in the video update). ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 📅 10/31 was 2,779 condos available to buyers. Inventory growth has become very stable with us nearly equaling the inventory levels at the same time last year. ✅ 416 Condos came on the 🏛️ market this week. Above the average in September & October when 485 condos on average came on the market per week. ✅ 406 Condos went under agreement with 460 Condos 💰 selling for an average price of $614k and a Median Price of $499,450. ✅ Months of Inventory 📈 increased to 2.13 months this week compared to 2.23 months last week. This market is a LOT softer then this indicator would lead us to believe. ➡️ Mortgage Market News & Other Headlines ⬅️ ✅ Interest rates have stabilized 🙌 with rates in the 7% range. ✅ Big two weeks ahead with news. This week, FED speaks with an expected rate hike. ✅ Next week the CPI data comes out. Recently CPI data has been the catalyst for the spikes in interest rates. ➡️ October 2022 Single Family & Condo Market Data ⬅️ ✅ 3,449 Single 🏠 Family Homes Sold in October for an average price of $673k. ✅ Month over month sales price decrease of 4.7% and year over year increase of 4.3%. ✅ 1,341 Condo Sold in October for an average price of $611k. ✅ Month over month sales price increase of 3.8% and year over year increase of 3.3%. ➡️ Prices have gone down in Massachusetts ⬅️ ✅ The average sale price has gone down 15% from the peak in 2022. ✅ BUT looking back at history this is not abnormal. 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

In this episode we discuss Quincy, Massachusetts. We dig in and do a deep dive into Quincy which is a suburb that is South of the city of Boston. It is actually one of the closest suburbs of Boston that is South of the city. About this video: This video does a deep dive into the city of Quincy. This is one city that is part of the Boston Metro Area and is a great option to those not looking to live in the city of Boston. If you are interested in moving to the Boston area, but are confused about all the different neighborhoods and towns, then this is a great place to start. Median 2022 Quincy, Massachusetts Prices (As of 11/6/2022) Condo: $440,000 Single Family: $661,000 Multi-Family: $855,000 Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. All Quincy Homes for sale: https://www.boston2.com/idx/results/?searchtype=2&searchid=6 Quincy Video Timestamps 00:00 - A Quick Recap of the Quincy :27 - A Quick History of Quincy 1:47 - Quincy Neighborhoods 6:20 - Quincy Schools 7:55 - Parks in Quincy 10:10 - Quincy Transportation 11:40 - Quincy Housing 12:54 - Things to do in Quincy 13:26 - Quincy Restaurants 14:15 - Conclusion Subscribe today and hit the bell notification! https://www.youtube.com/channel/UC-lusRatl0KON95AuqudckQ Quincy Public Schools Street Directory - https://cdn5-ss19.sharpschool.com/UserFiles/Servers/Server_22782318/File/Our%20District/Academic%20Support/Transportation/QPS%20Street%20Directory%201.24.2020.pdf 📺 Watch if you want to know what a 1st time home buyer should know: https://youtu.be/r4JI9ESF7bY 📺 Watch if you want to know how long it takes to buy a house: https://youtu.be/Tog_arqyKJw If you want to learn more on ways that you can make your offer more competitive, then watch this playlist: https://youtube.com/playlist?list=PLom7ELPAMJuWS5VwOruB2YptzKtU6DsBt If you want to learn more on Discovering Massachusetts – the different towns and neighborhoods within Massachusetts and things to do, then watch this playlist: https://youtube.com/playlist?list=PLom7ELPAMJuWubGQR3jl6Z6QF8HselNCI #Buyingahouse #Buyingahome #firsttimehomebuyer #Moveupbuyer #Homebuying #Homebuyer #Howtobuyahouse #Quincy #QuincyNeighborhoods #RelocatingtoBoston Connect with me 👇 Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Are you thinking about making a Move to Quincy, a city south of Boston? Are you curious to know more about Quincy Real Estate and to see Quincy homes for sale? In this video, you will find more about Quincy, MA . If you are curious to know about Quincy Condos for Sale or more about the Quincy area, then Jeff will be an amazing resource. Don't count on Quincy Zillow... Trust local, top experts who know the ins and out of the market.

In this episode we discuss the age old question... "how do you get a deal on a home?". It's one of the most common questions and it really all depends on the situation and who you have chosen to help you fight to get that best deal on a house. But in this market, getting a good deal on a house is a possibility... You just need to know where to look! About this video: In this video, Jeffrey discusses where to look in order to find real estate deals. And the answer isn't foreclosures like most people would think! How to get the best deal on a house takes patience while gathering pertinent information from the seller side and knowing what certain signs to look for. Thinking about buying a home? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. Search all homes for sale in Massachusetts at: https://www.boston2.com/idx/results/?searchtype=3 If you are thinking about selling your house, then give Jeffrey Chubb of the Chubb Homes Team a call and start packing! Disclaimer: Keep in mind that I am not a financial advisor. The ideas in this video are not of my personal view and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. The data derived from this information was sourced off of MLSPIN and deemed reliable, but not guaranteed. 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Are you looking to take advantage of the Real Estate market, but wondering how to get a good deal on a house? Whether you are in Massachusetts or anywhere else in the country, the age old question of "How to get the best deal on a house" is one of the most common we get. And these tips will work anywhere when it comes to finding real estate deals. On this channel we talk Massachusetts Real Estate and each week Jeffrey will give a Market update for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating. Jeff is your resource for all ' how to real estate ' matters!

Massachusetts Real Estate Market Update by Jeffrey Chubb - A Top Ranked Massachusetts Real Estate Agent Recap of Video: ✅ Single Family 🏠 & Condo data for the week of October 17, 2022. A lot of great data showing market stability. ✅ Interest rates... They didn't really go down, but they didn't really go up! Let's take the win! ✅ The scariest 👹 thing I have heard or seen so far with the possible market correction. ✅ And a look at a Luxury 💰 Retreat in Bourne nestled on 17.5 acres on its own peninsula! ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 10/17 was 5,519 homes available to buyers. Inventory is back on the rise. ✅ 1,097 Single Family 🏠 homes came on the market this week! The average weekly new listings in August & September was 1,087. ✅ 1,014 Single Family homes went under agreement with 814 Single Families 💰 selling for an average price of $672k and a Median Price of $545k. Sales were back up! ✅ Months of Inventory 🔼 increased to 1.44 months from 1.38 months last week. This signals a Very Strong Seller's Market (which is a little misleading). ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 📅 10/17 was 2,832 condos available to buyers. The 1 unit week over week gain has come to an end... ✅ 478 Condos came on the 🏛️ market this week. Above the average in August & September when 457 condos on average came on the market per week. ✅ 399 Condos went under agreement with 284 Condos 💰 selling for an average price of $600k and a Median Price of $487,500. Sales have rebounded... Great news! ✅ Months of Inventory 📈 increased to 2.15 months this week compared to 2.03 months last week. This market is a LOT softer then this indicator would lead us to believe. ➡️ Mortgage Market News & Other Developments ⬅️ ✅ Interest rates seem to have stabilized (for now!) with rates in the high 6% to low 7% range. ✅ Buyers have been 🦤 flocking to the lower interest rates of adjustable rate mortgages ✅ Interest rates can be 1 to 2% lower with an adjustable rate mortgage vs. a fixed rate mortgage. ✅ Credit availability hit a 9 year low ⬇️. Banks are not lending in many segments of the market. ➡️ A Look at Luxury Homes in Massachusetts ⬅️ ✅ Newly listed Luxury Retreat at 178-180 Scraggy neck Road in Bourne. ✅ The main 🏠 house has 5 bedrooms, 6.5 baths spanning 9,553 square feet. The guest house has an additional 3 bedrooms and is nearly 3,400 square feet. ✅ The house is set on a 17.5 acre peninsula and has a deep-water dock and multiple sandy 🏖️ beaches. ✅ The estate also has a tennis court, indoor and outdoor 🏊 pools, a gym, sauna and steam shower. ✅ Want to take a look? Click here to view this luxury retreat! https://www.boston2.com/idx/178-180-scraggy-neck-road-bourne-ma-02534/12664413_spid/?src=4 The Video that talks about the credit market: https://www.cnbc.com/video/2022/07/06/a-lot-of-money-flows-into-commercial-real-estate-because-theyre-an-inflation-hedge-says-marcus-millichap-ceo.html 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

In this episode we discuss the 1st Time Home Buyer Down Payment assistance that is available to Massachusetts potential home buyers. It's a question that we get a lot. These programs are always changing with this one being by far the best program we have ever seen. About this video: Massachusetts offers its potential home 1st time homebuyers many different programs. In this video they talk about one program where a potential home buyer can receive up to a $50,000 grant (You NEVER have to pay it back). There are certain markets that a potential home buyer needs to purchase in. Sammy and Jeff also discuss a second program where a potential home buyer can get up to 5% of their purchase price as down payment assistance. There are no geographical limitations to this program. The home buyer will need to pay back the assistance at the time of selling the property. There is no interest owed and there are no payment installments. Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. Search all homes for sale in Massachusetts at: https://www.boston2.com/idx/results/?searchtype=3 If you are thinking about selling your house, then give Jeffrey Chubb of the Chubb Homes Team a call and start packing! 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Do you think the Housing market will see a correction? Are you wondering if there is going to be a real estate crash? Wondering if any Massachusetts towns are going to see price declines? On this channel we talk Massachusetts Real Estate and each week Jeffrey will give a Market update for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating. Disclaimer: Jeff is not a financial advisor. The ideas in this video are not of his personal view and are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. The data derived from this information was sourced off of MLSPIN and deemed reliable, but not guaranteed.

Massachusetts Real Estate Market Update by Jeffrey Chubb - A Top Ranked Massachusetts Real Estate Agent Recap of Video: ✅ Single Family 🏠 & Condo PLUS Multi-Family data for the week of October 10, 2022. ✅ Interest rates... Calling a spade a spade. No one has any idea at this point! ✅ A very interesting trend that is bad news for the folks 🤔 thinking the market is going to go down 20, 30 or 40%... ✅ And a look at Boston's most luxurious and newly listed penthouse. Listed today for $38 million! ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 10/10 was 5,435 homes available to buyers. Inventory is back on the rise. ✅ 960 Single Family 🏠 homes came on the market this week! The average weekly new listings in August & September was 1,087. This week was 12% below the average. ✅ 930 Single Family homes went under agreement with 546 Single Families 💰 selling for an average price of $662k and a Median Price of $535k. This 546 was 25% below the 728 units sold during the same week last year. ✅ Months of Inventory 🔼 decreased to 1.38 months from 1.40 months last week. This signals a Very Strong Seller's Market (which is a little misleading). ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 📅 10/10 was 2,789 condos available to buyers. That is a 1 unit gain week over week... For the second week in a row! ✅ 386 Condos came on the 🏛️ market this week. Above the average in August & September when 457 condos on average came on the market per week. ✅ 370 Condos went under agreement with 176 Condos 💰 selling for an average price of $621k and a Median Price of $450k. ✅ 176! This was an astoundingly low number for units sold in a week. ✅ Months of Inventory 📈 decreased to 2.03 months this week compared to 2.06 months last week. This market is a LOT softer then this indicator would lead us to believe. ➡️ Multi-Family Market Data for September ⬅️ ✅ Multi-Family inventory in Massachusetts on 📅 10/10 was 1,128 units available to buyers. The inventory in this segment has remained steady for quite some time! ✅ 632 Multi-Family properties sold in September of 2022 for an average sales price of $728k and a median sales price of $625k. ✅ This is compared to the 835 Multi-Family properties that sold in September of 2021 for an average sales price of $703k and a median sales price of $545k. ✅ Year over year, sales were down 24% while prices were up 3.6%. ✅ Very surprised and impressed by the resilience of this market. ➡️ Mortgage Market News & Other Developments ⬅️ ✅ The relief from last week was quickly 💸 wiped away... ✅ Interest rates are now back at 20-year highs! ✅ Predicting 🔮 interest rates in this current environment is just impossible. As long as there is uncertainty in the economy... There will be volatility in the markets. ✅ Builders are turning to large investors to sell their excess supply of inventory. ✅ They are selling this supply (many times entire subdivisions) at deep discounts to rent out the properties and hold them. ➡️ A Look at Luxury Homes in Massachusetts ⬅️ ✅ Newly listed premier penthouse located at 1 Dalton in the Back Bay. ✅ Four Seasons Hotel & Residences with all the modern luxuries a buyer could demand. ✅ 5 Bedroom, 6 full and 2 half bath condo located on the 50th floor that spans 7,848 square feet with an asking price of $38 million. ✅ Want to take a look? Click here to view this luxury penthouse in the Back Bay: https://www.boston2.com/idx/1-dalton-st-boston-ma-02199/12677034_spid/?src=2 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

In this episode we discuss the towns in Massachusetts that could possibly see a home sales price correction should the real estate market slow down. Some markets are more prone to others for a housing price correction due to large increases in sales prices as well as the category of homes that were sold. This data analysis takes into both accounts. About this video: This video breaks down why Jeffrey believes these 10 Massachusetts towns are most likely to see a housing price correction. It takes the average sales price data and layers it with foreclosure risk data in order to come up with this top 10 list in Massachusetts. Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. Search all homes for sale in Massachusetts at: https://www.boston2.com/idx/results/?searchtype=3 If you are thinking about selling your house, then give Jeffrey Chubb of the Chubb Homes Team a call and start packing! Disclaimer: Keep in mind that I am not a financial advisor. The ideas in this video are not of my personal view and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. The data derived from this information was sourced off of MLSPIN and deemed reliable, but not guaranteed. 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Do you think the Housing market will see a correction? Are you wondering if there is going to be a real estate crash? Wondering if any Massachusetts towns are going to see price declines? On this channel we talk Massachusetts Real Estate and each week Jeffrey will give a Market update for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating.

Recap of Video: ✅ Interest Rates have 🚀 skyrocketed! It's become a bloodbath. ✅ We go over your weekly Massachusetts Single Family 🏠, Condo Real Estate Market numbers. ✅ Mortgage applications increased❓ What? ✅ Looking at a new Luxury Home listed in Manchester. It's on its own 🏝️ peninsula and on 4.4 acres! ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 9/26 was 5,406 homes available to buyers. This is 73 more houses then last week. ✅ 1,136 Single Family 🏠 homes came on the market this week! The average weekly new listings in July & August was 1,110. ✅ 1,060 Single Family homes went under agreement with 718 Single Families 💰 selling for an average price of $660k and a Median Price of $550k. ✅ Have we found a new market 😬 "normal" for new listings and pendings? ✅ Months of Inventory 🔼 increased to 1.35 months from 1.33 months last week. This signals a Very Strong Seller's Market. ✅ When we look at Months of Inventory using last 2 months of data vs. traditional 4 months... It provides a little different picture of the market! ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 📅 9/26 was 2,787 condos available to buyers. A 36 unit gain in inventory from last week. ✅ 506 Condos came on the 🏛️ market this week. Above the average in July & August when 423 condos sold. ✅ 453 Condos went under agreement with 228 Condos 💰 selling for an average price of $589k and a Median Price of $470k. ✅ Months of Inventory 📈 increased to 1.91 months this week compared to 1.83 months last week. ✅ When looking at Months of Inventory using the last 2 months of sales data... It shows the market nearly shifting from the Sellers Market to Equal Market. ➡️ Mortgage Market News ⬅️ ✅ We are now at 20 Year Highs 💸 for Interest Rates. (Compared to last week's 14 year highs!). ✅ Rates continued their up trend 📈 with them now in the high 6% to low 7% range. It's a volatile market where LITERALLY hours of locking in could make a HUGE difference in your rate. INSANE! ✅ A lot of data 💾 coming out this week (hope for weakness to stop this interest rate hiking madness). Consumer Confidence Index, New Home Sales, Pending Home Sales, Initial Jobless Claims, Real Consumer Spending and Disposable Incomes are all on the docket for this week! ✅ Date the rate. Marry 💍 the House! ➡️ Mortgage Demand Increases? ⬅️ ✅ Mortgage demand 📈 increased for the first time in 6 weeks. ✅ Refinances were up by 10% ✅ Purchase applications increased by 1%. Still 30% below last year... But we will take anything! ✅ Silver lining... Buyers with lower 💵 down payment's are getting offers ACCEPTED! This is compared to 9 months ago when there was little chance. ➡️ Expensive Luxury Waterfront New Listing For Sale in Massachusetts ⬅️ ✅ Home located at 16 Boardman Avenue, Manchester. ✅ On 4.4 acres on its own peninsula with 🏡 6 bedrooms, 6.5 baths in the main house plus an additional 2 bedrooms and 2.5 baths in the guest house. ✅ Oceanfront retreat that has 16,390 square feet of space with amazing views being marketed by Landvest for 💰 $25,000,000 ✅ Click Here to View Massachusetts Most Expensive House https://www.boston2.com/idx/16-boardman-avenue-manchester-ma-01944/12657749_spid/ 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

In this episode we discuss whether there will be a real estate market crash. Few are talking about it, but it’s on a lot of buyer’s and seller’s minds. Questions often relate to: “Is now a good time to buy?” or “Will the Real Estate Market Crash?”. They are all great questions that need data in order to help create the prediction on what the future holds. About this video: This video breaks down the Massachusetts Real Estate Market and whether there will be a Real Estate Crash. It looks at the data in 2005 that led up to the 2007/2008 crash and compares it to the data of the market today. This video looks at inventory, months of inventory and sales data which includes the number of sales as well as the Average Sales Price. We do this in order to get a clear picture as to what the future holds which includes the 2023 Housing Market. Jeffrey also provides his prediction on where the market is going for the 2022 Housing Market and his opinion as to whether there will be a Housing Market Crash in Massachusetts. He also talks about some markets nationally that he feels could see a drop in real estate prices. We will see a housing price correction, but the question is as to what markets you we will see it in. Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. Search all homes for sale in Massachusetts at https://www.boston2.com/idx/results/?searchtype=3 . If you are thinking about selling your house, then give Jeffrey Chubb of the Chubb Homes Team a call and start packing! Disclaimer: Keep in mind that I am not a financial advisor. The ideas in this video are of my personal view and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. The data derived from this information was sourced off of MLSPIN and deemed reliable, but not guaranteed. 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Do you think the Housing market will see a correction? Are you wondering if there is going to be a real estate crash? On this channel we talk Massachusetts Real Estate and each week Jeffrey will give a Market update for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating. Articles/Websites Used for information in this video: https://www.apartmentadvisor.com/rent-report/ma https://www.keepingcurrentmatters.com/2022/06/01/why-home-loans-today-arent-what-they-were-in-the-past/ https://propertyonion.com/education/mortgage-rate-predictions-for-2023/ https://www.statista.com/chart/27919/us-states-that-are-equity-rich/ https://www.sofi.com/learn/content/foreclosure-rates-for-50-states/

In this episode we discuss the Back Bay. We dig in and do a deep dive into one of Boston's most premier neighborhoods and look at all the other amenities that Back Bay has to offer its residents. About this video: This video does a deep dive on the Back Bay Neighborhood. This is just one neighborhood that makes up the city of Boston. If you are interested in moving to Boston, but are confused about all the different neighborhoods then this is a great place to start. You will be able to find the best neighborhood for you, by learning all the differences between each Boston Neighborhood. Median 2022 Back Bay Prices (As of 9/21/2022) Studio Condo - $510,000 1 Bedroom Condo - $750,000 2 Bedroom Condo - $1,700,000 3+ Bedroom Condo - $3,350,000 Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. All Back Bay Homes for sale: https://www.boston2.com/idx/results/?searchtype=2&searchid=580742 📺 Watch if you want to learn about all the different Neighborhoods in Boston: https://youtu.be/LhQF3ycZsGU 📺 Watch if you want to learn about South Boston: https://youtu.be/rn5ZsO3MFwc 📺 Watch if you want to learn about East Boston: https://youtu.be/P1tPeT30h2k Back Bay Video Timestamps A Quick Recap of the Back Bay: 0:00 A quick History of the Back Bay: :31 Buildings in the Back Bay: 1:01 Back Bay Neighborhoods (Kind of): 1:40 Parks in the Back Bay – 2:56 Housing Types in East Boston – 5:03 Back Bay Schools – 6:10 Back Bay Cultural Additions – 6:32 Back Bay Restaurants – 7:28 Back Bay Housing Makeup - 7:51 Back Bay Problems: 8:32 Conclusion – 9:00 The Piling Resource mentioned in the video: https://www.bostongroundwater.org/overview.html Some of the Premier Larger Buildings in the Back Bay: One Charles - https://www.boston2.com/boston/1-charles-street-south-one-charles-back-bay/ 100 Beacon - https://www.boston2.com/boston/100-beacon-back-bay/ Bradley Mansion- https://www.boston2.com/boston/409-commonwealth-avenue-back-bay-the-bradley-mansion/ Residences at Mandarin Oriental - https://www.boston2.com/boston/residences-at-mandarin-oriental/ Subscribe today and hit the bell notification! https://www.youtube.com/channel/UC-lusRatl0KON95AuqudckQ 📺 Watch if you want to know what a 1st time home buyer should know: https://youtu.be/r4JI9ESF7bY 📺 Watch if you want to know how long it takes to buy a house: https://youtu.be/Tog_arqyKJw If you want to learn more on ways that you can make your offer more competitive, then watch this playlist: https://youtube.com/playlist?list=PLom7ELPAMJuWS5VwOruB2YptzKtU6DsBt If you want to learn more on Discovering Massachusetts – the different towns and neighborhoods within Massachusetts and things to do, then watch this playlist: https://youtube.com/playlist?list=PLom7ELPAMJuWubGQR3jl6Z6QF8HselNCI #Buyingahouse #Buyingahome #firsttimehomebuyer #Moveupbuyer #Homebuying #Homebuyer #Howtobuyahouse #Boston #BostonNeighborhoods #RelocatingtoBoston #BackBay Connect with me 👇 Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Are you thinking about making a Move to the Back Bay in Iconic Boston, MA? Are you curious to know more about Back Bay Real Estate and to see Back Bay homes for sale? In this video, you will find more about Back Bay Boston should you be looking to Move to Back Bay. If you are curious to know about Back Bay Condos for Sale or more about the Back Bay area, then Jeff will be an amazing resource for this picturesque Boston Neighborhood. Don't count on Back Bay Zillow... Trust local, top experts who know the ins and out of the market.

Recap of Video: ✅ We go over your weekly Massachusetts Single Family 🏠, Condo Real Estate Market numbers. ✅ Rates ⬆️ jumped - Multi-Decade highs. What is the impact to you? ✅ Builder Confidence ⬇️ TUMBLES. What does that mean for you? ✅ New Segment taking a look at the most expensive condo in Massachusetts (It is being sold as-is and isn't even finished yet!)! ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 9/19 was 5,333 homes available to buyers. Inventory sits at an additional 181 units on the market then we had the week before Labor Day and 358 when compared to 2021. ✅ 1,166 Single Family 🏠 homes came on the market this week! Slightly above the average for July & August of 1,110. ✅ 1,123 Single Family homes went under agreement with 900 Single Families 💰 selling for an average price of $732k and a Median Price of $575k. ✅ Year over year, Buyer demand down 22% vs. Seller Supply down 17% ✅ Months of Inventory increased 🦘 to 1.33 months from 1.31 months last week. This signals a Very Strong Seller's Market. ✅ Great color on some recent accepted transactions that show the 💪 leverage that buyer's have in a transaction. ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 📅 9/19 was 2,751 condos available to buyers. This is only 185 (6%) units less then last years inventory numbers of 2,936. ✅ 613 Condos came on the market this week. ✅ 421 Condos went under agreement with 281 Condos 💰 selling for an average price of $555k and a Median Price of $465k. ✅ Year over year, Buyer demand down 36% vs. Seller Supply down 23% ✅ Months of Inventory increased to 1.83 months this week compared to 1.70 months last week. ➡️ Mortgage Market News ⬅️ ✅ We are at 14 Year Highs for Interest Rates. ✅ Rates continued their up trend 📈 with many people being quoted in the mid to high 6% range. Have heard some people getting in the low 6s. It's a volatile market. ✅ big data points this week. Existing Home Sales, the Federal Reserve Statement and initial Jobless Claims. ➡️ Builder Confidence ⬅️ ✅ Ouch, 🩹 9th consecutive month that builder confidence has gone down. ✅ Currently measured at 46 vs. 83 in January. ✅ Homebuilders are having to offer incentives and reduce prices. Provide a great example of a building in Boston offering some crazy incentives! ➡️ Most Expensive Condo For Sale in Massachusetts ⬅️ ✅ Condo located at 34.5 Beacon Street in Beacon Hill. ✅ AS-IS Condo that isn't even completed (and won't be finished) being marketed by MGS Group Real Estate for 💰 $20,000,000 ✅ Click Here to View Massachusetts Most Expensive House https://www.boston2.com/idx/345-beacon-st-boston-ma-02108/12384936_spid/ 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating.

Recap of Video: ✅ We go over the weekly Single Family 🏠, Condo & Multi-Family Real Estate Market numbers. ✅ A LOT of Mortgage Market Volatility. Rates have gone up 📈 and then down and then skyrocketed! ✅ Boston Magazine Top High School 🏫 Rankings have come out. ✅ New Segment taking a look at the most expensive house in Massachusetts! ✅ OO and I made a mistake in my "Will the Market Crash" video. Months of inventory reached 13.05 months versus the 8.87 months in 2008 that I cited. Click Here to Watch: https://youtu.be/gYUh1TyJSM8 ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 9/12 was 5,262 homes available to buyers. Inventory sits at an additional 110 units on the market then we had the week before Labor Day. ✅ 1,421 Single Family 🏠 homes came on the market this week! Great number, but still shy 13% compared to last year. ✅ 944 Single Family homes went under agreement with 759 Single Families 💰 selling for an average price of $680k and a Median Price of $575k. ✅ Months of Inventory increased 🦘 to 1.31 months from 1.19 months last week. This 1.31 months is the same that we saw the week before Labor Day. This signals a Very Strong Seller's Market. ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 📅 9/12 was 2,613 condos available to buyers. This is only 219 (8%) units less then last years inventory numbers of 2,832. ✅ 801 Condos came on the market this week. ✅ 376 Condos went under agreement with 264 Condos 💰 selling for an average price of $569k and a Median Price of $469,450. ✅ Months of Inventory increased to 1.70 months this week compared to 1.43 months last week. ➡️ Multi-Family Market Data Week over Week & August 2022⬅️ ✅ Multi-Family inventory in Massachusetts on 9/12 was 1,107 condos available to buyers. This is a 17% 🔽 decrease in the amount of inventory available to buyers during the same week of 2021 when 1,336 properties were on the market. ✅ 227 Multi-Families came on the market this week. ✅ 177 Multi-Families went under agreement with 676 💰 selling in the month of August for an average price of $754k and a Median Price of $615k. ➡️ Mortgage Market News ⬅️ ✅ Send your Mortgage Banker a get well soon 🗒️ card... The market volatility they are seeing is enough to make someone go insane. ✅ Rates were up to year highs 📈 in the beginning of last week, then started to retreat towards the end of the week below 6%. Rates then went down in the morning on Monday to only end the day up over 6% by the end of day on Monday. ✅ The CPI numbers came out and were not pretty. The Mortgage Market jumped .25% ⏩ instantaneously. This inflation data pretty much guarantees an aggressive rate hike strategy for some time. ➡️ New High School Rankings from Boston Magazine ⬅️ ✅ A top school 🏫 system creates more demand in a town and thereby price stability in downturns or even upward pricing. ✅ A shake up of the top 3 High Schools on the list with the #3 School moving up from spot #30 in 2021. ✅ The Boston Magazine Honor 🧑‍🏫 Roll offers some additional incite into the school rankings. ✅ Link to School Rankings: https://www.bostonmagazine.com/education/best-public-high-schools-boston-2022-chart/ ➡️ Most Expensive House For Sale in Massachusetts ⬅️ ✅ House located at 21, 22, 23 Berkeley Avenue in Nantucket. ✅ Stunning home being marketed by Compass for $56,000,000 ✅ Click Here to View Massachusetts Most Expensive House: https://www.boston2.com/idx/21-22-20-berkeley-avenue-nantucket-ma-02554/12573373_spid/?src=2 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating.

Recap of Video: ✅ Inventory continues to 📉decline.. It's not an outlier, it's an official trend! ✅ Boston Rental Market was given some not so great news in regards to affordability. ✅ Ouch is the best way to describe the 📊 mortgage market this week. ✅ National Headlines touting the Housing Market Records Sharpest Decline in Sales in Almost two decades… We take a look at Massachusetts Data to determine what’s going on. ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 8/22 was 5,182 homes available to buyers. This is 115 units less and about 2% decrease in the amount of inventory. Inventory is now down 6% from its peak on 7/25. ✅ 1,046 Single Family homes came on the market which is a 19% 📉 decrease when compared to the same week in 2021. ✅ 1,179 Single Family homes went under agreement (11% 📉 Decrease YoY) with 813 Single Families selling for an average price of $754k and a Median Price of $602k. ✅ Months of Inventory decreased to 1.28 months from 1.33 months last week. This signals a Very Strong Seller's Market. ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 8/22 was 2,476 condos available to buyers. This is down 66 units (2.5%) when compared to last week. ✅ 380 Condos came on the market which is a 25% 📉 decrease when compared to the same week in 2021. ✅ 383 Condos went under agreement (28% 📉 Decrease YoY) with 322 Condos selling for an average price of $656k and a Median Price of $654k. ✅ Months of Inventory decreased to 1.49 months this week compared to 1.51 months last week. ➡️ Other Topics Covered ⬅️ ✅ Mortgage market saw rates 📈 go up... A lot. Ranging around 5.75% to low 6% range for a 30 year 📅 fixed rate. ✅ Mortgage rates are tied to the 10 Year 💵 Treasury which saw it's yield cross over the 3% mark. ✅ Rents across the nation continue to go up 📈 and up with Boston being the #2 most expensive city 🌆 for rent. Rental rates increased by 17% year over year. ✅ National Housing Market Records Sharpest Decline in sales in almost two years. We have seen this 📉 decline in Massachusetts, but not at levels that one should be worried about. We are at 2012 levels when looking at July numbers. Inventory continues to drop more than sales keeping a market ⚖️ imbalance for sellers. 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating.

Massachusetts Market update for the week of 8/15/2022 Recap of Video: ✅ Inventory declined 📉in all market segments.. Again. 4 Weeks in a row. ✅ Inflation numbers from last week and what they mean for the market. ✅ The current 📊 mortgage rate environment & what home builder sentiment means for the market ✅ What is happening with home 💸 prices?!? ➡️ Single Family 🏡 Market Data Week over Week ⬅️ ✅ Single Family inventory in Massachusetts on 8/15 was 5,297 homes available to buyers. This is 62 units less and about 1% decrease in the amount of inventory. ✅ 1,073 Single Family homes came on the market which is a 22% 📉 decrease when compared to the same week in 2021. ✅ 1,145 Single Family homes went under agreement (17% 📉 Decrease YoY) with 889 Single Families selling for an average price of $792k and a Median Price of $608k. ✅ Months of Inventory decreased to 1.33 months from 1.35 months last week. This signals a Very Strong Seller's Market. ➡️ Condo Market Data Week over Week ⬅️ ✅ Condo inventory in Massachusetts on 8/15 was 2,542 condos available to buyers. This is down 101 units (-4%) when compared to last week. ✅ 365 Condos came on the market which is a 34% 📉 decrease when compared to the same week in 2021. ✅ 422 Condos went under agreement (26% 📉 Decrease YoY) with 337 Condos selling for an average price of $652k and a Median Price of $510k. ✅ Months of Inventory decreased to 1.51 months this week compared to 1.54 months last week. ➡️ Other Topics Covered ⬅️ ✅ Mortgage market saw rates tick down, 📉 but for the most part have been steady for the last couple weeks. ✅ last weeks Consumer Price Index and Producers Price Index showed signs of cooling 🎉 inflation. Only one data point, but could be a sign that inflation is cooling and the FED can be a little less aggressive. ✅ US Builder sentiment has 💥 crashed. Builders are decreasing their building starts which is a great thing for many markets throughout the country as it is expected foreclosure inventory to start to increase. ✅ Prices are starting to go down throughout the country with inventory skyrocketing. This is not happening in Massachusetts. Supply and demand both decreased similarly to make for continued strong seller conditions. 👇Connect with me Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate is appreciating or depreciating.

In this episode we discuss how to get a lower interest rate when buying a new home. About this video: If you are buying a home or are thinking about buying a new home and are thinking about getting a loan, then you may want to know of ways in order to decrease your interest rates. The way to do this is by 'buying down your rate' or 'paying points'. There are pros to this as well as cons. CONSUMER NOTE! If you are comparing two banks interest rates and one is a LOT lower then the other. Be sure to ask for a breakdown of closing costs. Sometimes a sneaky loan office will tease a consumer with a low rate by increasing their closing costs through buying points. Sneaky and all to often the buyer figures it out when it is too late. Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com.

In this episode we discuss the process and what to expect for a Home Inspection on a Condo. About this video: If you are buying a home or are thinking about buying a new home then you will most likely have a home inspection on your new home (you should!). It's important to know what to expect as you do the home inspection. What is their process? What do you need to do? Should you be there? Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com.

In this episode we discuss the process and what to expect for a Home Inspection on a Condo. About this video: If you are buying a home or are thinking about buying a new home then you will most likely have a home inspection on your new home (you should!). It's important to know what to expect as you do the home inspection. What is their process? What do you need to do? Should you be there? Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com.

In this episode we discuss Peabody. We dig in and do a deep dive into the suburb of Boston called Peabody. We will look at the amenities that Peabody has to offer its residents. We also talk about the different neighborhoods, schools, green spaces and commercial areas that make up the town of Peabody. About this video: This video does a deep dive on the town of Peabody. If you are interested in moving to a Boston suburb, but are confused about all the different suburban towns in the Boston Metro market, then this is a great place to start. Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. Search All Peabody Homes for sale: https://www.boston2.com/idx/results/?searchtype=2&searchid=494725 Connect with me 👇 Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty

In this episode we discuss what to expect each week when searching for a new home. While it isn't perfect, this weekly timeline will be consistent week in and week out... About this video: If you are thinking about buying a new home, then a good question to ask is "what should I expect each week during my home search". Consider this pattern the gold standard as to what to expect when searching for a new home. Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com.

In this episode we discuss the 3 most expensive towns on the South Shore of Boston. There are a lot of suburbs in Boston the Boston Metro Market which can spell for a lot of confusion for people looking to learn more about our area. We will quickly look at these three towns as well as what sets them apart and why they have become destinations for residents looking to live on the South Shore. About this video: With so many towns on the South Shore, where do you start? If you are interested in moving to a Boston Suburb, but are confused about all the different towns then this is a great place to start. In this video we specifically discuss the 3 most expensive towns on the South Shore and what makes them so attractive. Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. 3 Most Expensive Towns on the South Shore Video Timestamps A Quick Recap of the Suburbs around Boston: 0:00 Most Expensive Town on the South Shore: 0:47 2nd Most Expensive Town on the South Shore: 1:43 3rd Most Expensive Town on the South Shore: 2:54 Conclusion – 4:28 Search All homes For Sale in Cohasset: https://www.boston2.com/idx/results/?searchtype=2&searchid=2 Search All homes For Sale in Hingham: https://www.boston2.com/idx/results/?searchtype=2&searchid=460163 Search All homes For Sale in Westwood: https://www.boston2.com/idx/results/?searchtype=2&searchid=469146 #Buyingahouse #Buyingahome #firsttimehomebuyer #Moveupbuyer #Homebuying #Homebuyer #Howtobuyahouse #Cohasset #Hingham #Westwood #RelocatingtoBoston Connect with me 👇 Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty

In this episode we discuss how many offers on a home are too many offers... And if you are selling your home and got too many offers, then most likely your agent didn't properly advise you as to what is going on in the market place. About this video: If you are selling your house and underprice it, then you could be leaving thousands... Possibly 10s of thousands on the table! There is such a thing as pricing a property too low. You want to price your property at or slightly (SLIGHTLY) below what you perceive as market value. If you get too many offers... Then that could be a sign that your Real Estate Agent sucks! Thinking about making a move? Contact Jeff at 617-480-2600 or by email at Jeff@Boston2.com. #YourRealtorSucks #Buyingahome #RealEstate Connect with me 👇 Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty