The latest information about the association, our brokerage community, and the real estate industry.
Peabody City Council voices opposition to 3A
The Peabody City Council voted to send a letter to the state voicing opposition to the new multifamily zoning requirements for MBTA communities (Section 3A of M.G.L. ch. 40A).
Salem Home Rule Petition for ADU Property Tax Exemptions
On May 17, 2022, a Home Rule Petition to provide Salem residents property tax exemptions for affordable accessory dwellings units has been placed on the agenda for the next House Steering, Policy, and Scheduling Committee meeting.
February Market Statistics Now Available
Closed sales down and median prices stay nearly flat across the North Shore.
December Market Statistics Available Now
Inventory returns to dropping -50% year over year after several months of -30%.
October Market Statistics Available Now
Prices continue to rise year over year while closed sales continue to fall.
November Market Statistics Available Now
Year over year appreciation in pricing stays over 10%.
NOTICE: Positive COVID Test From October Event Attendee
NSR has received notice that attendees from the October Event have tested positive for COVID-19