Who is Affected As of November 1, 2025, certain Massachusetts real estate transactions with a sales price of $1,000,000 or more will be subject to new tax withholding at closing. The new requirements are part of the Massachusetts Department of Revenue (DOR) recently issued regulations. There are no new taxes or increases to any taxes […]
New Massachusetts Withholding Requirements for $1M+ Real Estate Sales Read More »
One of the most significant changes in recent years to Massachusetts zoning laws recently became effective. Under a law passed last August that became effective on February 2, 2025, accessory dwelling units, often referred to as “ADUs” or “in-law apartments, may now be built by right in single family residential zoning districts instead of by
Accessory Dwelling Units in Massachusetts Just Got Easier to Build Read More »
Sales Crushed by COVID but Prices are Up This Lamacchia Mid-Year Housing Report presents overall home sale statistics as of the first six months of 2020 compared to the same period last year, January 1st to June 30th, 2019. Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in
Massachusetts Mid-Year Housing Report for 2020 Read More »
Sales Down by Half a Percent in Massachusetts Despite the very active fall season for buyers, sales are down overall in 2019 compared to 2018. There was a total of 92,498 homes (including single families, condos, and multi-families) sold in Massachusetts in 2019, a .5% decrease over 2018. Single families and multi-family home sales decreased
The Massachusetts Year in Review for 2019 Read More »
Every winter we talk about how listing in the winter makes you the most money. This year is no different since we are at the point where the inventory is at its lowest and the buyers are out in force especially due to the mild winter. The only difference is that for the first time
Its Official! Inventory of Homes for Sale is Higher in All Areas Except…. Read More »
Listing your home in the winter makes you more money. We talk about this all the time and this year is no different. Despite an 18% increase over 2017, when the inventory of homes for sale had never been lower, inventory is still lower now than it will be all year. This graph shows January
Listing Before March Equals More Money! Read More »
Our yearly hottest towns report is here! This is a list that goes into detail about the top 25 towns and cities – out of all 351 in Massachusetts – that had the biggest growth in home sales in 2018. We look specifically at single family homes, condominiums, and multi-family homes, and while we filter by
25 Hottest Towns in Massachusetts in 2018 Read More »
Want to know how the Norwood, Massachusetts real estate market is doing? In this 2018 Year in Review Housing Report, we’re looking at home sales in Norwood for 2018 compared to 2017 and how the market is currently performing in that area. Looking at single families, condos, and multi-families, there was a 7.16% increase in the number of
2018 Norwood Year in Review Read More »
Want to know how the Westford, Massachusetts real estate market is doing? In this 2018 Year in Review Housing Report, we’re looking at home sales in Westford for 2018 compared to 2017 and how the market is currently performing in that area. As of December 31, 2018, there was a 2.56% increase in home sales, with 351 in
2018 Westford Year in Review Read More »
Want to know how the Worcester, Massachusetts real estate market is doing? In this 2018 Year in Review Housing Report, we’re looking at home sales in Worcester for 2018 compared to 2017 and how the market is currently performing in that area. As of December 31, 2018, Worcester saw increases in both sales and average prices. Home sales increased
2018 Worcester Year in Review Read More »