One of the biggest challenges in the Massachusetts housing market is the shortage of available homes. The limited inventory has created a highly competitive environment, with buyers often facing bidding wars and paying above the asking price. This scarcity of homes for sale has contributed to the rising prices and heightened competition among buyers. Home prices in Massachusetts have been steadily increasing over the past few years. According to recent data, the median home price in the state has reached new heights, making it a challenging market for first-time buyers. To get more info visit here #housingmarketMassachusettsÂ