Northeast Housing Market Favors Sellers Amid Rising Prices

Reported 1 day ago

In the expensive Northeast housing market, sellers continue to hold the advantage as home prices in cities like Boston and Hartford are rising rapidly, contrasting with national trends where buyers are gaining power. A lack of inventory is keeping bidding wars common, with homes selling above asking price frequently. Despite a higher overall inventory compared to the pandemic, it remains low compared to pre-pandemic levels, making it difficult for many prospective buyers to find affordable options.

Source: YAHOO

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