The spring housing market, traditionally pitched by the real estate industry as a “great time” to buy and sell – isn’t it always? – is upon us. That angle has dulled somewhat in recent years with the number of homes for sale dwindling amid ever-rising prices, but the season still matters and serves as a […]
Category: Real Estate Sales
Posted inReal Estate Sales
January freeze: Just 38 properties sold in town last month
January isn’t exactly prime time for buying or selling a house, for obvious reasons, one of them being the weather. (Are you ready for the predicted weekend storm?) Nonetheless, there are buyers and sellers out there, with the latter still holding the advantage because of stubbornly low inventory. At the same time, many Plymouth homeowners […]
Posted inReal Estate Sales
There were more than 100 property sales in town last month
December brought some gifts to local real estate agents in the form of healthy sales numbers – 108 Plymouth properties exchanged hands last month. The news was good for sellers, too. The average sales price (a combination of single-family homes, condominiums, and lots) was $638,000. Nine sales topped $1 million. For buyers, high prices are […]
Posted inReal Estate Sales
Want to know what your neighbor’s home sold for?
This story is repetitive, but it nonetheless holds true – Plymouth’s housing market is tight. Sales typically start to slow with the arrival of winter, but there are other factors at play here. Would-be sellers carrying mortgages are reluctant to trade a rock-bottom fixed rate for a higher one. Uncertainty over what the incoming administration […]
Posted inReal Estate Sales
Here are the latest numbers on Plymouth’s housing market
The same old story line held true for Plymouth home sales in October – inventory remained relatively low, and prices were high. But the real headline involves interest rates. Even though the Federal Reserve earlier this month lowered its benchmark rate for the second time this year (that’s the rate banks charge each other for […]
Posted inReal Estate Sales
Take a look at September’s home sale numbers in Plymouth
This isn’t what real estate pros and prospective buyers were hoping for. Despite the Federal Reserve’s half-point cut in its benchmark interest rate last month, mortgage rates remain stubbornly high. They did initially dip – to a two-year low – but the decline did not last. Rates have been steadily climbing again, and this week […]
Posted inReal Estate Sales
Fourteen homes sold for over $1 million in Plymouth last month
Interest rates continue to drop, with a 30-year fixed rate mortgage hovering just above 6 percent, and a 15-year loan averaging about 5.2 percent. It’s unclear how much more they will fall after the Federal Reserve earlier this month cut its benchmark rate by half a percent. The Fed’s cut doesn’t directly translate to mortgage […]
Posted inReal Estate Sales
Take a look at the latest home sale prices in Plymouth
The housing market in Plymouth – as in most of Massachusetts – remains tight, with high prices and low inventory. But there are signs that conditions for prospective buyers are improving – at least slightly. Mortgage rates have already dropped in advance of an all but certain benchmark rate cut coming from the Federal Reserve […]
Posted inReal Estate Sales
Check out what homes sold for in Plymouth last month
Plymouth’s real estate market remains as hot as a summer heat wave, with prices up and inventory – the number of homes for sale – remaining low. That’s good for sellers and for homeowners building equity, but more tough news for people looking to become first-time buyers. Here’s the latest list of local transactions (June) […]
Posted inReal Estate Sales
Check out the latest home sales in town
With housing being such a critical component in the shaping of Plymouth’s present and future, we’re publishing a list of local real estate transactions on a regular basis. The listings, which are public information, come from the venerable trade publication Banker & Tradesman. It’s another way for the Independent to keep you informed about what’s […]