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***Massachusetts Association of Realtors (MAR) housing report for March 2024***.
If you are in the market or just interested in tracking the market – hope you find this summary helpful. For a more detailed report go here - www.keyprimerealty.com/mar-reports

#massachusettsassociationofrealtors, #mar, #housingreport, #realestatemarket, #MarketTrends, #realestatenews, #marketanalysis, #homebuyers, #homesellers, #keyprimerealty, #realestateupdates, #PropertyMarket, #MarketSummary, #housingtrends ... See MoreSee Less

***March 2024 - Producer Price Index - Residential Construction***
We (www.keyprimerealty.com 📞781 790 4440) work with several new construction buyers/sellers. Producer Price Index (PPI) published recently by US DOL - BLS, shows the prices of inputs to residential construction haven’t changed much Month over Month. YoY, there is a good reduction in some of the highly weighted items that go into new home build such as Softwood Lumber. We pulled some charts from FRED Economic Data. These are eye opening on how the construction materials have gone up since Jan 2020. The Inflation / Supply Chain disruptions have indeed taken a toll on the overall cost of materials that go into a new home construction. There are some significant increases in costs. Despite all this, the home builder’s confidence index is so high as the margins are pretty good as they have excellent pricing power considering the home price appreciation during this period due to the supply gut. Thought this is useful for those who might be interested in buying new constriction or better yet if someone wants to build their own home!!

#PPI #ResidentialConstruction #USDL #BLS #Inflation #SupplyChainDisruptions #HomeBuilding #NewConstruction #SoftwoodLumber #FREDEconomicData #HomePriceAppreciation #HomeBuildersConfidence #BuildYourDreamHome ... See MoreSee Less

🏡Town Specific Housing Reports 🏡
In this set of quick and insightful Videos, We (www.keyprimerealty.com 📞781 790 4440) are diving deep into the Real Estate Market Trends for March 2024 from a handful of towns in Greater Boston.
📧Contact Us:
For personalized advice, inquiries, or collaboration opportunities, reach out to us at Contact no. 781-790-440 Email ID - [email protected]
Whether you're a potential homebuyer, seller, or real estate enthusiast, this bite-sized video is packed with the latest data and crucial insights that will empower your property decisions.
📊What's Inside:
📈 Market Overview: Get a snapshot of the current real estate landscape.
💰Pricing Trends: Uncover pricing patterns and fluctuations.
📉Market Challenges: Stay informed about potential obstacles and how to navigate them.
🔗Connect with Key Prime Realty!:
Subscribe for more real estate insights, market updates, and property tips! Don't miss out on future videos that can help you make the best choices for your real estate journey.
👍Like, share, and hit the notification bell to stay updated on the latest trends in Real Estate! Your journey to successful property ventures begins here.
Acton : youtu.be/8byaIS-zEMo
Westborough : youtu.be/lNiuBPIn1x8
Boston : youtu.be/kWT7lvbu0tM
Shrewsbury : youtu.be/zgaBEozUdug
Westford : youtu.be/AlPLitLkDtg
Grafton : youtu.be/vAo1_-51ZZQ
Hopkinton : youtu.be/bF4rXDcBUt0
Burlington : youtu.be/jUwlFvh5yQE
Lexington : youtu.be/-c56jBs1WWA
Boxborough : youtu.be/HL_MoYc7cU4
Ashland : youtu.be/SqE3C7TuXlU
Natick : youtu.be/hv2AG1m8_bw
Norwood : youtu.be/EX2guXbojCo
Quincy : youtu.be/U6ucMR0mL5k
Sharon : youtu.be/J8hskYteIdA
Sudbury : youtu.be/zTfHezGY6vI
Walpole : youtu.be/rx4jXOshPaY
Westwood : youtu.be/7weXVyGlUxQ ... See MoreSee Less

***Just Closed***
Congrats to our (www.keyprimerealty.com 📞781 790 4440) buyers who got to close these properties in the past couple of weeks. Tight inventory. Common Multi-Offer situations. Bidding Wars. Sale to List is above 100% in most towns. High Interest Rates. Yet the buyers made it to the finish line. Despite a proven track record, we are always looking forward to work for that one NEXT client. If not for you, refer someone who might be looking to hire a realtor. Just have them interview us for the JOB!!

#closeddeals #realestate #biddingwars #hotmarket #homebuying #keyprimerealty #tightinventory #buyersmarket #SuccessStories #referralswelcome #NextClient #realtorlife #propertysales #Congratulations ... See MoreSee Less

***CPI Print on 04/10/2024 – Shelter is Hot. Read was Higher. BadNews for Housing ***
Our (www.keyprimerealty.com 📞781 790 4440) read on recent CPI report and its relevance to Housing: First off, the read was higher than expected by the street. Shelter costs rose .4% Month Over Month and 5.7% Year Over Year. This weigh heavy in the core CPI which is at 3.5% for the last 12-month period. This is well above the Fed’s target of 2% . This print was hotter than the market consensus and markets reacted in kind. The Shelter portion of CPI is a lagging indicator. Rents which are a major part don't turn until they renew which is typical at yearly intervals. With a huge apartment supply coming online, the rents shall stabilize and, in some markets, even show some decreases which should help future CPI prints. The other parts of Shelter may still be hot such as owner equivalent Rent & Hotels etc. Hope this improves as the year progresses and there by some Fed Rate cuts and an overall better picture for housing market.

#CPI, #Inflation, #HousingMarket, #Fed, #Economy, #RealEstate, #ShelterCosts, #Rent, #MarketAnalysis, #InterestRates ... See MoreSee Less

Call Now

****Just Listed*****
List Site: keyprimerealty.com/.../284-america-blvd-ashland-ma/
Virtual Tour: youtu.be/LsYDp7v5zA4
We (www.keyprimerealty.com 📞781 790 4440) are excited to present one of the finest homes in the coveted “Village of the Americas” community in Ashland. Immaculately cared for, tastefully updated one of a kind town home in the complex. Do Check it out!!
Open House
April 06, 2024, (Saturday) 12:30 PM - 2:30PM
April 07, 2024, (Sunday) 12:00 PM - 2:00 PM.
Message for any private showings outside this window. Happy to Accommodate all showing requests.

#JustListed, #AshlandRealEstate, #TownhomeForSale, #VillageoftheAmericas, #ImmaculateHome, #UpgradesGalore, #SmartHomeFeatures, #LuxuryLiving, #OpenHouse, #KeyPrimeRealty ... See MoreSee Less

Message Page

***Massachusetts Association of Realtors (MAR) housing report for February 2024***. If you are in the market or just interested in tracking the market – hope you find this summary helpful. For a more detailed report go here - www.keyprimerealty.com/mar-reports
#massachusettsassociationofrealtors, #mar, #housingreport, #realestatemarket, #MarketTrends, #february2024, #realestatenews, #marketanalysis, #homebuyers, #homesellers, #keyprimerealty, #realestateupdates, #PropertyMarket, #MarketSummary, #housingtrends ... See MoreSee Less

***Under Contract Sales*** Congrats to our(www.keyprimerealty.com 📞781 790 4440 ) clients who put these homes under contract. With one month or less supply of homes in most towns, it was a challenging ordeal to get these pass through the initial stages of the sale process. Our clients went above and beyond and so is the agent working for them. Interview us to see what we can do for you!

#undercontract, #realestate, #homesales, #Congratulations, #keyprimerealty, #homebuying, #challengingmarket, #RealEstateAgent, #successstory, #housingmarket, #DreamHome, #property, #househunting, #clientsuccess, #interviewus ... See MoreSee Less

****Just Listed*****
List Site: keyprimerealty.com/property/14-mckenzi-ln-mansfield
Virtual Tour: youtu.be/G-fNi2y8nX4
We (www.keyprimerealty.com 📞781 790 4440) have just listed a 2015 built amazing colonial home in a “one of a kind” subdivision in the hot town of Mansfield. Serene picture-perfect cul-de-sac. Exceptionally built & maintained. Beats new construction. Do Check it out!!

Open House
- March 23, 2024, (Saturday) 12:00 PM - 2:00 PM |
- March 24, 2024, (Sunday) 1:00 PM - 3:00 PM.
Message for any private showings outside this window. Happy to Accommodate all showing requests.

#JustListed #MansfieldHome #ColonialHome #RealEstate #OpenHouse #KeyPrimeRealty #DreamHome #SereneLiving #NewConstruction #MansfieldMA #HomeForSale #HouseHunting ... See MoreSee Less

🏡Town Specific Housing Reports 🏡
In this set of quick and insightful Videos, We (www.keyprimerealty.com 📞781 790 4440) are diving deep into the Real Estate Market Trends for February 2024 from a handful of towns in Greater Boston.
📧Contact Us:
For personalized advice, inquiries, or collaboration opportunities, reach out to us at Contact no. 781-790-440 Email ID - [email protected]
Whether you're a potential homebuyer, seller, or real estate enthusiast, this bite-sized video is packed with the latest data and crucial insights that will empower your property decisions.
📊What's Inside:
📈 Market Overview: Get a snapshot of the current real estate landscape.
💰Pricing Trends: Uncover pricing patterns and fluctuations.
📉Market Challenges: Stay informed about potential obstacles and how to navigate them.
🔗Connect with Key Prime Realty!:
Subscribe for more real estate insights, market updates, and property tips! Don't miss out on future videos that can help you make the best choices for your real estate journey.
👍Like, share, and hit the notification bell to stay updated on the latest trends in Real Estate! Your journey to successful property ventures begins here.
Acton : youtu.be/ovVxZXL78kI
Westborough : youtu.be/SCI7WumOSkg
Boston : youtu.be/j4h9HbbcFv4
Shrewsbury : youtu.be/8-hFoEv1n8Q
Westford : youtu.be/rtbqKXjmXDY
Grafton : youtu.be/tgvzY3zekek
Hopkinton : youtu.be/fYyDJFvA4iY
Burlington : youtu.be/rLeg_kvwcSA
Lexington : youtu.be/RWJ3VkZ0k0E
Boxborough : youtu.be/z8p__DNCkbk
Ashland : youtu.be/pWrY1YLsFdo
Natick : youtu.be/WqI2ovnT1DU
Norwood : youtu.be/EX2guXbojCo
Quincy : youtu.be/kyEqFaPycSE
Sharon : youtu.be/43r317PGqPg
Sudbury : youtu.be/EmofpzR3jA8
Walpole : youtu.be/tUC6_ujRy4o
Westwood : youtu.b#realestate8#BostonRealEstateo#PropertyMarket##homebuyingk#homesellingn#MarketTrendsg#greaterboston #keyprimerealty##housingreports##actong#westborougho#shrewsburyu#westfords#graftons#Hopkintonf#burlingtont#lexingtong#boxborought#ashlando#natickA#norwoodN#QuincyN#sudburyQ#walpoleu#westwoodlpole #Westwood ... See MoreSee Less

***CPI Print on 03/12/2024 – Shelter is still Hot but Good News for Housing ***
Our (www.keyprimerealty.com 📞781 790 4440) read on recent CPI report and its relevance to Housing: First off, the read was higher than expected by the street. Shelter costs rose .4% Month Over Month and 5.7% Year Over Year. This weigh heavy in the core CPI which is at 3.2% for the last 12-month period. This is well above the Fed’s target of 2% but the wider consensus in market is that the inflation is on the right path. This print was hotter than the market consensus and markets reacted in kind. The Shelter portion of CPI is a lagging indicator. Rents which are a major part don't turn until they renew which is typical at yearly intervals. With a huge apartment supply coming online, the rents shall stabilize and, in some markets, even show some decreases which should help future CPI prints. The other parts of Shelter may still be hot such as owner equivalent Rent & Hotels etc. Hope this improves as the year progresses and there by some Fed Rate cuts and an overall better picture for housing market.
#CPI #Inflation #HousingMarket #Fed #EconomicOutlook #RealEstate #MarketAnalysis #ShelterCosts #RentalMarket #FedPolicy ... See MoreSee Less

*** How did Boston Metro Housing market did during post Pandemic Boom ***
We (www.keyprimerealty.com 📞781 790 4440) track the Freddie Mac House Price Index for Boston metro very close. Thought it would be interesting for real estate enthusiasts to compare how our metro did w.r.t the pandemic darlings that most investors wished they invested in such as Austin, Tampa, Phoenix etc. Here is a quick comparison. NOT FAR BEHIND!!! The overall appreciation is unprecedented all over but if money supply, inflation, construction cost increase were to be factored, this may make sense. The affordability is at its worst now not necessarily due to price increases, but a large part is due to the interest rates.

#BostonRealEstate #metrohousingmarket #postpandemicboom #freddiemachousepriceindex #RealEstateEnthusiasts #BostonMetro #pandemicdarlings #investmentopportunity #appreciationrates #moneysupply #InflationImpact #constructioncosts #AffordabilityCrisis #InterestRatesImpact #keyprimerealty #realestateinvesting #bostonpropertymarket ... See MoreSee Less

****Just Listed*****
List Site - www.keyprimerealty.com/11-millies-way-unit-11-sterling
Virtual Tour - youtu.be/LuGHD3CZ8ZE
We (www.keyprimerealty.com 📞781 790 4440) have just listed a stunning townhome in Sterling, a suburban gem. Serene picture-perfect cul-de-sac. Exceptional quality from the builder. Seller packed the home with several builder provided upgrades. 3 Bed - 2.5 Bath. 2346 SFT. Finished Basement.
Open House - March 09 2024, (Saturday) 11:00 PM - 1:00 PM | March 10 2024, (Sunday) 1:00 PM - 3:00 PM. Message for any private showings outside this window. Happy to Accommodate all showing requests.

#luxuryliving,#realestate,#DreamHome,#keyprimerealty,#sterling,#newlisting,#propertyforsale,#homesweethome,#ModernLiving,#househunting,#sterlinghomes,#sterlinghomesforsale,#milliondollarlisting,#luxuryhomeforsale,#DreamHomeAlert,#sterlingrealestate,#SpaciousHome,#PrimeLocation,#MustSeeProperty,#keyprimeshowcase,#realestategoals,#dontmissout,#OPENHOUSEsoon ... See MoreSee Less

*** Housing Affordability ***
We (www.keyprimerealty.com 📞781 790 4440) see more and more clients moving towards affordable locations be it secondary/tertiary markets or entirely affordable out of state locations if they have the luxury of working anywhere. Per Zillow, Home Buyers Need to Earn $47,000 More in 2024 than in 2020 to afford a median home. This is 80% more while wages only gone up by 23% in the same period. No wonder this is a least affordable market. Boston ranks in one of the top metros that require more median income to afford a median home. If the affordability continues like this our prediction is that the more affordable towns is where you want to be to for better price appreciation as the migration tends to be in this direction!

#housingaffordability, #AffordableHousing, #realestate, #homebuyers, #AffordableLiving, #PropertyMarket, #MigrationTrends, #EconomicTrends, #BostonRealEstate, #affordablelocations ... See MoreSee Less

***Jan 2024 - Producer Price Index - Residential Construction***
We (www.keyprimerealty.com 📞781 790 4440) work with several new construction buyers/sellers. Producer Price Index (PPI) published recently by US DOL - BLS, shows the prices of inputs to residential construction haven’t changed much Month over Month. YoY, there is a good reduction in some of the highly weighted items that go into new home build such as Softwood Lumber. We pulled some charts from FRED Economic Data. These are eye opening on how the construction materials have gone up since Jan 2020. The Inflation / Supply Chain disruptions have indeed taken a toll on the overall cost of materials that go into a new home construction. There are some significant increases in costs. Despite all this, the home builder’s confidence index is so high as the margins are pretty good as they have excellent pricing power considering the home price appreciation during this period due to the supply gut. Thought this is useful for those who might be interested in buying new constriction or better yet if someone wants to build their own home!!
#PPI #Inflation #Shelter #housing #keyprimerealty #realty #housing #PPIWatch #BuilderConfidenceRising #MaterialCostsLevelingOff #SoftwoodLumberDownwardSlide #NewConstructionInsights #TimetoBuyNewBuild #SmartInvestmentOpportunities #BuildingStrongerHomes #HomePriceAppreciationHolds #FREDDataDive ... See MoreSee Less

***Under Contract Sales***
Congrats to our(www.keyprimerealty.com 📞781 790 4440 ) clients who put these homes under contract. With one month or less supply of homes in most towns, it was a challending ordeal to get these pass through the initial stages of the sale process. Our clients went above and beyond and so is the agent working for them. Interview us to see what we can do for you!

#underagreement #realty #RealEstateAgent #propertylisting #homebuying #househunting #localrealtor #keyprimerealty #homessold #howtobuyintoughmarket #RealEstateTips #PropertyMarket ... See MoreSee Less

***Massachusetts Association of Realtors (MAR) housing report for January 2024***.

If you are in the market or just interested in tracking the market – hope you find this summary helpful. For a more detailed report go here - www.keyprimerealty.com/mar-reports

#marhousingreport #majanmarket #massachusettsrealestate #masshomes #buysellma #InvestInMA #MarketPulse #marketupdate #mardatadive #InsightsYouNeed #RealEstateKnowledge #empoweringyourmoves #MakeInformedDecisions #MarketTrends #StayAheadOfTheCurve #GetTheFacts #mahousingoutlook ... See MoreSee Less