The real estate market in 2022 was characterized by a continued shortage of housing inventory and strong demand. This contributed to higher prices and increased competition among buyers. Some key lessons from the market include:
Remote work continues to drive demand: The trend towards remote work, which accelerated during the COVID-19 pandemic, has continued. This increased demand for homes in suburban and rural areas.
Low interest rates drive affordability: Low interest rates have made it easier for many buyers to afford a home. Which meant increased demand and competition for available properties.
Housing inventory remains a challenge: The lack of available housing inventory continues to be a challenge in many markets. Builders continue to struggle to keep up with demand and limited land and labor supplies.
Technology plays a growing role: Technology has been increasingly important in the real estate market. Many buyers and sellers relied on virtual tours, online listings, and digital tools to buy and sell homes.
The importance of a strong real estate agent: In a competitive market, working with a knowledgeable and experienced real estate agent can make all the difference. They can help navigate the challenges and find the right property for their clients.
We, at Beacon Group pride ourselves in being analytical and client-driven. If you ever decide to work with us, expect to receive a lot of charts, a lot of reports, and long insightful (and pertinent) explanations to what these numbers mean for you and your real estate goals.
Here is a preview of the market report we like to show our clients. Scroll down to download the full report and see more towns!
Besides paying attention to the smallest detail, the team has set record prices in both condominium complexes and single family neighborhoods by:
If you desire a team to guide you through the process, to trust with one of your most valuable assets, who will unequivocally be putting your best interests first, setting realistic expectations from the start and treat you like you are a family member, then you have found your team!
We look forward to having the opportunity to serve you.
Cambridgeport Neighborhood Guide Cambridgeport Neighborhood Association Living in Cambridgeport Cambridgeport Where is Cambridgeport? Cambridgeport is the residential neighborhood between Central Square and Magazine Beach on
Book an appointment with us. Reach out now for more info! Call or text Stephanie at (617) 468-7889
Book an appointment with us. Reach out now for more info! Call or text Stephanie at (617) 468-7889
The Beacon Group is a client-driven real estate team working in Greater Boston to help clients buy, sell, and invest in real estate. We provide straightforward, analytical advice, empowering clients to make successful and informed decisions. We provide our buying clients with constructive insights, allowing them to identify the right property and enabling them to make purchase decisions with confidence. Our recommendations to both buyers and sellers are specifically crafted to meet clients’ short and long-term housing and financial goals.
Book an appointment with us. Reach out now for more info! Call or text Stephanie at (617) 765-9641
Book an appointment with us. Reach out now for more info! Call or text Stephanie at (617) 765-9641
The Beacon Group is a client-driven real estate team working in Greater Boston to help clients buy, sell, and invest in real estate. We provide straightforward, analytical advice, empowering clients to make successful and informed decisions. We provide our buying clients with constructive insights, allowing them to identify the right property and enabling them to make purchase decisions with confidence. Our recommendations to both buyers and sellers are specifically crafted to meet clients’ short and long-term housing and financial goals.
Stephanie Ford-Weems
Cambridge & Boston Commutes
Coldwell Banker
617.468.7889
1000 Mass Ave Cambridge 02138
27 Boylston St Chestnut Hill 02467
