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Red-hot Western Massachusetts housing market has the pros asking, ‘Are these prices even realistic?’

SPRINGFIELD — Pat Wheway, a broker associate for Coldwell Banker, listed a home — a 1,500-square-foot split level in Springfield — at 9 p.m. on a Thursday and got her first phone calls before 10:30.

“They wanted to be the first ones in that house in the morning,” she said. “It’s very busy.”

Interest is especially high for homes priced for first-time buyers, Wheway said. The Springfie...

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Prediction for 2023 Real Estate Costs, Rates

Nationally median sales price are expected go up about 5.4% in 2023, according to But it could be even more for Massachusetts buyers. 

The real estate website released its 2023 housing market predictions Wednesday,  stating ...

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Springfield Interest Rates

SPRINGFIELD, MA (WGGB/WSHM) - Average mortgage rates have climbed to over seven percent this week, which is the highest in decades.
“With interest rate hikes continuing, that means it’s going to become less and less affordable and out o...

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