Boston Real Estate News: Spring Market is in Full Bloom
The Boston real estate and Boston suburb spring housing market is starting to bloom, but demand is already sky-high and real estate agents say the problem is there is just not a lot out there to buy.
A home in Newton, Massachusetts, hit the market a 2 a.m. Wednesday, and by lunchtime on Thursday, there were already three offers, sight-unseen.
“The market feels as if it’s frozen,” said Dino Confalone, the president of the Greater Boston Association of Realtors. “It’s starting to thaw, but there’s been a vicious cycle of people waiting to put their houses on the market because of COVID.”
What is on the market is going fast, often over the asking price.
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