Monday, October 7, 2024

News and Ideas Worth Sharing

Sandy Carroll

Sandy Carroll is the Chief Executive Officer of the Board of REALTORS® and the Multiple Listing Service corps and has been with the organization since 1995. She works to educate, inform, empower and unite all real estate professionals in Berkshire County, and create an environment where consumers can access top notch services through their realtor.

written articles

Real Estate Market Watch: Housing Report 3rd Quarter, 2024

Overall Real Estate Sales by Region: Residential, Condo, Multi, Commercial, and Land

Berkshire 2nd Quarter 2024 Real Estate Market Watch

The real estate market in the second quarter was a mixed bag—higher sales and higher prices in some areas but lower in others. Mortgage rates are still having an impact.

Real Estate Market Watch: 2024 First Quarter

2024 starts with a slight but comfortable overall rebound.

2023 Berkshire County Year-End Real Estate Market Watch

2023 was a mixed bag, and the market remains confusing. But there are pockets of great promise.

MARKET WATCH: January–October 2023 real estate market update

2023 Berkshire County real estate sales year-to-date in a nutshell: inventory down, prices up.

MARKET WATCH: January–June 2023 real estate market update

The operative word is “down” for inventories, sales and dollar volume, but differences among areas of Berkshire County do exist, as do opportunities..

Berkshire real estate market update, 1st quarter, 2023

Decreasing mortgage rates bode well for a potentially active spring market and will ramp up an already hyper competitive market while inventory issues remain unabated.

Berkshire real estate market update, January and February, 2023

Throughout Berkshire County, the number of transactions to date in 2023 is down, as is the total dollar volume transacted.

2022 Real Estate Market Watch: January – December sales comparison

The 2022 market did well. The overall market will be challenging in the year ahead but now has many hopeful influencing factors.

2022 3rd Quarter Market Watch: January – September sales comparison

Overall, residential and multi-family sales fell 10 percent, but pockets of strong and fast sales exist in some parts of the county and at some price points.

New factors are influencing the residential real estate market

Three factors mainly affect mortgage rates in today’s market: expectations on inflation, economic growth and the Fed’s next rate hike.

BERKSHIRES REAL ESTATE MARKET WATCH – 2nd quarter 2022, January-June sales comparisons

As the market begins to slow, buyers are aware of the shift, while sellers are still thinking the sky's the limit.

BERKSHIRES REAL ESTATE MARKET WATCH – 1st quarter 2022 sales comparisons

Prices are high, availability is low, and the future is uncertain.

REAL ESTATE MARKET WATCH – Updated 2021 year-end report

What does the Berkshire County year-end real estate report tell us? Higher prices. Lower inventory. Land sales up. Greater variety of properties sold.

REAL ESTATE MARKET WATCH: 2021 year-end report

What does the Berkshire County year-end real estate report tell us? Higher prices. Lower inventory. Greater variety of properties sold.
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