However, “starter home” and Small Multi-Family markets are still going very strong due to the pent-up buyer demand, lack of inventory, and increasing rental prices.We are keeping an eye on the multi-family inventory in MA very closely and also monitoring the average sale price vs list price so we can provide better guidance to our clients.

Additionally, we had a large pent up demand and super low interest rates.

Mortgage rates are starting to tick up on the fear of inflation, but there is so much pent up demand right now that buying will continue and prices will keep going up.  

What seems to have happened is that a lot of buyers got excited when STR occupancy went sky high along with nightly rates due to pent up demand from C19.

Others I know in the areas have reported similar experiences: demand/bookings in rural New England have dropped substantially year over year, likely due to pent up demand for the primary Boston or NYC traveler audience for air travel / international travel after 3 years of COVID restrictions. 

By raising interest rates they are trying to decrease consumer spending, since there is so much pent up demand.

The pent roof around two sides of the house (it's a brick row home on a corner) needs to be completely replaced due to the wood being rotten underneath.

We are selling less homes (less homes on the market) with pent up buyer demand from 2020 and the new buyers hitting the market in 2021.

. - Signs point to a spring market that will rival last year’s post-lockdown pent-up demand.- The 1Q21 median sales price $275.0K, up by $30K (+12.2%) from 1Q20.- First quarter sales in the Philadelphia Metro totaled 17,937, up +13.1%.

Right now there's a restriction on supply, but as they release the foreclosures and pent up shadow inventory in the market, there will be an increased supply and most likely it will outpace the demand, which will force the market into a down position.