Saturday, June 15, 2024

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Market Perspectives

Proposed settlement by the National Association of Realtors: how will it impact Berkshire real estate sales?

An analysis of anticipated changes in Realtor® practices in Berkshire County

2023 Berkshire County Year-End Real Estate Market Watch

2023 was a mixed bag, and the market remains confusing. But there are pockets of great promise.

MARKET WATCH: January–October 2023 real estate market update

2023 Berkshire County real estate sales year-to-date in a nutshell: inventory down, prices up.

MARKET WATCH: January–June 2023 real estate market update

The operative word is “down” for inventories, sales and dollar volume, but differences among areas of Berkshire County do exist, as do opportunities..

When a short-term rental is not a good neighbor

With the rise in the popularity and, now, the legality of short-term rentals in many towns, the question arises as to the rights of neighbors and others who are impacted by a short-term rental in their neighborhood.

Berkshire real estate market update, 1st quarter, 2023

Decreasing mortgage rates bode well for a potentially active spring market and will ramp up an already hyper competitive market while inventory issues remain unabated.

Berkshire real estate market update, January and February, 2023

Throughout Berkshire County, the number of transactions to date in 2023 is down, as is the total dollar volume transacted.

2022 Real Estate Market Watch: January – December sales comparison

The 2022 market did well. The overall market will be challenging in the year ahead but now has many hopeful influencing factors.

2022 3rd Quarter Market Watch: January – September sales comparison

Overall, residential and multi-family sales fell 10 percent, but pockets of strong and fast sales exist in some parts of the county and at some price points.

New factors are influencing the residential real estate market

Three factors mainly affect mortgage rates in today’s market: expectations on inflation, economic growth and the Fed’s next rate hike.

BERKSHIRES REAL ESTATE MARKET WATCH – 2nd quarter 2022, January-June sales comparisons

As the market begins to slow, buyers are aware of the shift, while sellers are still thinking the sky's the limit.

BERKSHIRES REAL ESTATE MARKET WATCH – 1st quarter 2022 sales comparisons

Prices are high, availability is low, and the future is uncertain.

REAL ESTATE MARKET WATCH – Updated 2021 year-end report

What does the Berkshire County year-end real estate report tell us? Higher prices. Lower inventory. Land sales up. Greater variety of properties sold.

REAL ESTATE MARKET WATCH: 2021 year-end report

What does the Berkshire County year-end real estate report tell us? Higher prices. Lower inventory. Greater variety of properties sold.

REAL ESTATE MARKET WATCH: 2021 3rd Quarter Report

This has been a record-breaking quarter in terms of volume and price, but inventory continues to be low.

Market Watch: Residential Market Update for August, 2021

Lack of inventory persists, with far reaching consequences.

Market Watch: Residential Market Update January – April 2021

Year to date, sales in 2021 were 21% higher than in 2020, and prices were higher, too.