Beacon Group Real Estate

2022 Market Snapshot – A Look at the Boston Real Estate Market

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The key takeaways from the 2022 real estate market

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.

2022 Boston Market Snapshot

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!

What has made the Beacon Group so successful?

Besides paying attention to the smallest detail, the team has set record prices in both condominium complexes and single family neighborhoods by:

  • Leveraging innovation and technology in marketing properties via social media and digital content.
  • Customized targeted marketing plans specific to each home to maximize exposure.
  • Consulting with clients on actions to take to best present their home to potential buyers.
  • Consistent, honest and straightforward communication with their clients.
  • Having the relationships, even if by reputation alone, with other agents and brokerages to get things done.
  • Utilizing data and proprietary charts to assist a seller in positioning their property properly.

 

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.

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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.

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.

Spread the word!

Facebook
Twitter
LinkedIn
Email

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.

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.

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