Joe Schutt's Metro Boston Real Estate Newsletter 5/2015
- By Joe Schutt
- Posted

Despite the winter, March single-family homes sales closed essentially flat for from the same time last year however condo sales dipped. Median prices continued to go up as supply continues to be down.
Heres March 2015s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing March 2015 to March 2014)

Boston real estate is a fascinating arena to work in. Our market is unique in many ways owing to our rich history, and yet more often than not the key to transaction success buying, selling or renting here is a life lesson learned in childhood

The impact of waiting a year to purchase metro Boston real estate is significant with regard to your monthly payment. The following chart shows how mortgage affordability is affected at various purchase price points.

Marketing real estate is a funny business. Day in and day out, Im asked by people what I think their property is worth. Its not a bad question.

Last week I wrote a blog post about unitboston.com's "Near Me" search for mobile Boston real estate homebuyers. (Check out the post and watch the video if you have any questions about how the app works on your smartphone.)

Attention all you mobile Boston real estate shoppers, when you're on the go and want to see what's for sale near you, jump over to unitboston.com on your smartphonethere's nothing to download, or install.

As you are no doubt aware the Boston real estate market is white hot. Homebuyers are very active in the marketplace, and home sellers are scarce. The inequality of demand to supply has lead to historic low housing inventory levels and has kept most of greater Boston real estate in the grips of a seller's market for years.