abigail.desvergnes
Boston.com Staff
November 20, 2019 10:45 am
Lower mortgage rates and a healthy job market have boosted the housing market and economy. For developers, its reportedly a good time to build.
And the stats show they are.
The Commerce Department reported Tuesday that US home-building rose 3.8 percent overall in October (single-family starts alone went up 2 percent), and the construction of apartment buildings rose 6.8 percent.
But what does this demand mean for buyers?
Bad news first. Affordability could be a problem, because despite the new construction, inventory is still low and home prices are climbing.
Here is the good news: There is usually less competition in the fall for those homes.
Here are 12 properties to explore at open houses this weekend from a two-bedroom Melrose home with beautiful woodwork for $469,900 to a five-bedroom beach house overlooking Scituate Harbor for $2,395,000.
Check them out:
$469,900
2 bedrooms, 1 full bath
1,187 square feet
0.15-acre lot
Open houses: Saturday, Nov. 23, from 11:30 a.m. to 1 p.m.
***
$479,900
4 bedrooms, 2 full baths, 1 half bath
2,346 square feet
0.91-acre lot
Open house: Sunday, Nov. 24, from 11 a.m. to 1 p.m.
***
$529,000
2 bedrooms, 2 full baths
1,260 square feet
Open houses: Saturday, Nov. 23, from noon to 1 p.m., and Sunday, Nov. 24, from 11 a.m. to noon.
***
$499,000
4 bedrooms, 2 full baths, 1 half bath
2,082 square feet
0.94-acre lot
Open house: Sunday, Nov. 24, from 11 a.m. to 1 p.m.
$789,000
3 bedrooms, 3 full baths, 1 half bath
2,606 square feet
0.13-acre lot
Open house: Saturday, Nov. 23, from noon to 1:30 p.m.
***
$799,000
3 bedrooms, 2 full baths, 1 half bath
2,383 square feet
0.32-acre lot
Open houses: Saturday, Nov. 23, and Sunday, Nov. 24, from 1 to 3 p.m.
***
$942,625
2 bedrooms, 2 full baths, 1 half bath
2,330 square feet
Open houses: Saturday, Nov. 23, from 12:30 to 2 p.m., and Sunday, Nov. 24, from noon to 1:30 p.m.
***
$959,500
3 bedrooms, 2 full baths
1,388 square feet
Open house: Sunday, Nov. 24, from noon to 2 p.m.
$1,175,000
6 bedrooms, 3 full baths, 1 half bath
5,708 square feet
1.3-acre lot
Open house: Sunday, Nov. 24, from 1 to 3 p.m.
***
$1,195,000
3 bedrooms, 3 full baths, 1 half bath
4,043 square feet
0.48-acre lot
Open house: Saturday, Nov. 23, from 11 a.m. to noon.
***
$1,848,888
5 bedrooms, 5 full baths
3,950 square feet
0.16-acre lot
Open house: Sunday, Nov. 24, from 2 to 3 p.m.
***
$2,395,000
5 bedrooms, 2 baths, 1 half bath
2,098 square feet
0.67-acre lot
Open house: Sunday, Nov. 24, from 11 a.m. to 1 p.m.
Subscribe to the Globes free real estate newsletter our weekly digest on buying, selling, and design atpages.email.bostonglobe.com/AddressSignUp. Follow us onFacebook, Instagram, and Twitter@globehomes.
Continued here:
12 must-see open houses in Greater Boston (Nov. 23-24) - Boston.com
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