Jun 13th, 2023

Mid year housing market update

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Kristine Pasto

Author

Here's a quick update on the real estate market.  

As of June 1st 

  • There are only 600,000 homes listed for sale in the entire U.S.
  • The number of Listings has fallen every year since July of 2016
  • 9% of the U.S. population wants to purchase a home in 2023
  • MA had the lowest number of listings in recorded history the first half of 2023

As a home seller you are in the driver seat. 

  • If you need to sell and then rent the house back until you find a home, it's something we see quite a bit recently. 
  • Values are holding strong. 
  • Houses are selling fast

As a home buyer, be prepared 

  • To pay close to asking or above
  • Make sure your lender has put your file through underwriting
  • Be prepared to have to bid on multiple properties.

To get a full report of the area review or to discuss what this means for you as a buyer or a seller please email, call, or text me. I look forward to speaking with you.

All the best,

Kristine Pasto

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