The Lincoln real estate market was strong entering 2020, following two years of stable prices and an uptick in demand. As the country plunged into lockdown, our practices changed, but the market barely skipped a beat. In review, 2020 was a banner year for Lincoln sellers, and more homes sold than in the 5 previous […]
The competition buyers face this Spring season is unlike anything we’ve ever seen. Nearly all of what comes on the market is gobbled up immediately, leaving exceptionally low levels of inventory. But surprisingly, the data tells us that it is the buyers’ appetite — rather than sellers’ reluctance — that has changed. A full year […]
Unprecedented low inventory, low interest rates, demand… Despite the catastrophic pandemic, 2020 broke local real estate market records. No one predicted it, but the surging demand for more space was buoyed by historically low interest rates. For the many high-earning urban-dwellers of Boston, the only hardship was the competition. That suburban shift has left nearly […]
Covid Impacts Persist in West ‘Burbs, Inventory Remains Historically Low in Concord, Lincoln, Sudbury Some towns feeling the squeeze much more acutely than others, like everything else “pandemic” it’s complicated. Back in July, we profiled the year-over-year decline in single-family inventory, and here’s the update in Concord, Lincoln, Bedford, Wayland, Lexington, and Weston. This update […]
Inventory is down across Massachusetts — but how low is low? COVID19 struck just as the market was heating up for spring. We projected lower than typical spring inventory, as many sellers opted to hold rather than list. That happened, and in some communities more than others, we see persisting record-low inventory in single families. […]
The Realtor as the Client Sometimes, being the client is the best way to remember all the best practices. Realtors are good at selling other people’s houses. How good are they at selling their own? By Jessica Packineau Back in 2015, Jason and I and our three kids moved from a condo nearby into 148 […]
Global pandemic notwithstanding, we have celebrated many successful transactions in 2020. This update isn’t about the profound effect Covid-19 has had on the real estate market in the Greater Boston area. Here are the properties we’ve sold so far, because while it has been weird and scary and unpredictable, it has been a very strong spring for […]
Coronavirus dramatically transformed the real estate market over the past two months. Spring 2020 was gearing up to be hot and active, with much of our lingering 2019 inventory being absorbed early in the year. We experienced activity even in the highest price points in the market. Many of our own listings sold. Even before […]
The 2019 Lincoln market had fewer sales than 2018, down to 49 from 59. Otherwise, it showed little movement from 2018. We conclude that prices over 2018 and 2019 didn’t change appreciably in any price band. The market stayed consistent in gains made over 2017 in how few days it took to get offers. The […]
In what I think has to be a record, there are 7 open houses this evening between 4:00-6:30 in Lincoln. And they’re all between $1,285,000 and $1,795,000! Of course, our wonderful 38 Old Winter Street is one: We’ll be there from 4-6PM today, Thursday July 11. But because there is such a blitz of wonderful homes […]