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

Related Posts
November 20, 2019 at 12:44 pm by Mr HomeBuilder
Category: Apartment Building Construction