I just want to clarify (correct) something I read in the newspaper, yesterday.
The majority of Massachusetts’ towns and cities are not “drowning in homes” (for sale).
Inventory levels are not high, right now.
You can debate as much as you’d like about why inventory isn’t higher (owners have given up, etc., etc., etc.) but you cannot contradict facts.
And, the facts are that, as of right now, MLSPIN, the multiple listing service used throughout most of Eastern Massachusetts, shows 13,000 condos and 26,000 single-family homes for sale.
I can’t find the data, but I believe we saw as many as 60,000 properties listed for sale at the same time, back in late 2005.
Challenge those who say things you know not to be true.
Please.
(** On a related note, I don’t know whether or not financial companies are “repossessing a record number of homes from owners who can no longer afford their mortgages.” Can someone please provide a source?)
Source: Wheeling and dealing – By Kimberly Blanton, Globe Staff and Bob Carroll, Globe Correspondent, The Boston Globe
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SqFt #73472074 | Condo Open House: Mar 9, 2026, 5:00 PM - 6:30 PM #73483866 | Condo © 2026 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLS PIN data last updated at March 8, 2026, 6:18 PM ET
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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