— 2 — EXECUTIVE SUMMARY The first quarter of 2025 has brought renewed buyer confidence and a sense of measured progress to our Coastal Massachusetts housing market. While national headlines offer broad generalizations, the reality here is rooted in the everyday decisions of buyers and sellers responding to real needs—decisions that matter for families and communities alike. At the same time, the economic backdrop remains a key influence on our market dynamics. Although inflation pressures and global uncertainties persist, we are now seeing a more predictable interest rate environment, as recent adjustments by the Federal Reserve have helped stabilize mortgage rates. This measured easing, combined with resilient local economic fundamentals, has provided both buyers and sellers with a clearer framework in which to make their decisions. Inventory remains low, a challenge that has defined our market for years. Yet even in this constrained environment, new listings are gradually emerging in strategic pockets. Sellers, encouraged by the more stable rate outlook, are stepping forward, while buyers, armed with data and a discerning eye, are moving quickly on properties that are priced and presented to attract decisive action. Home values have largely held steady, with modest appreciation in desirable segments such as waterfront properties and fully renovated homes. In competitive markets like Boston, Metro West, and Cape Cod, overpricing is proving costly, properties that miss the mark are languishing on the market, giving informed buyers the leverage to negotiate. Meanwhile, the South Shore and South Coast continue to attract those looking for an enhanced lifestyle, seeking more space and a different pace over mere urban proximity. Today’s homebuyer is both diligent and discerning. They manage higher monthly payments while evaluating every detail for its long-term impact. Sellers who invest in preparing their homes, both visually and strategically, are the ones who will excel in this evolving landscape. This isn’t a return to the frenzy of past years; it’s a more deliberate, thoughtful market where every decision is backed by robust data and sound judgment. At Berkshire Hathaway HomeServices Robert Paul Properties, our commitment is to equip you with the insights and guidance needed to navigate this dynamic environment confidently. Emily Clark President, Berkshire Hathaway HomeServices Robert Paul Properties
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