Looking for reliable information on Massachusetts (MA) home sales, home prices and MA real estate market trends? You’ll find it here with an added emphasis on home sales in the Franklin, MA real estate market area!
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From the category archives:
In data released today, Standard and Poors reported that Greater Boston single family home prices rose 1.2% in June. This was the third month in row that the S&P Case-Shiller Index for metro Boston showed an increase in Boston home values.
4.2% rise from March’s lows
The 157.83 June reading represents a 4.2% rise in Boston home [...]
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There was speculation in Washington this past week that the Federal government might get back into the business of stimulating the national housing market.
CNN’s Sunday news show “State of the Union” focused on calls by some politicians and housing analysts for a new Federal home buyer tax credit in response to July’s weak housing sales [...]
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The supply of single family homes for sale in Massachusetts rose modestly this month, a move that might reflect lingering weakness in the MA real estate market since the expiration of the Federal home buyer tax credit. According to data maintained by MLSPIN, there were 8.4 months of homes for sale in MA in August, [...]
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Home sales in Massachusetts fell 31.7% in July 2010 from year ago levels according to data maintained by MLSPIN, the largest MLS in the state. Pending sales in MA also fell dramatically last month (-20%) compared to July 2009.
Worst July in years
The 31.7% drop in sales and 20% falloff in pendings across the state makes [...]
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Greater Boston single family home prices rose 1.5% in May, according to the Standard & Poor’s/Case Shiller home price index for the Boston metro area. The increase marked the second month in a row that Boston area home prices rose.
Losses of last fall and winter erased
At 155.95, the S&P/Case Shiller Boston index now has recouped [...]
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The Massachusetts real estate market turned in a pretty good showing for the first half of 2010. Home sale volume and median home sale prices were up across the Commonwealth compared to the first half of 2009.
New video
Here’s a new YouTube video recapping MA real estate market stats and trends so far in 2010:
Future challenges [...]
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Greater Boston home prices rose a solid 1.4% in April 2010, according to figures released today by Standard and Poors. The jump in the S&P/Case-Shiller Home Price Index for Boston marked the first time in eight months that metro Boston home prices moved upwards. April 2010 is the most recent monthly home price reading available [...]
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Monitoring the rate at which MA’s home for sale inventory is “absorbed” (sold) is a good way to keep tabs on the health and direction of the Massachusetts real estate market. (For an explanation of absorption rate analysis, click the link).
Improvement over June 2009
June’s absorption rate figures for MA indicate better conditions now in Massachusetts [...]
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Home prices in the metro Boston region have been falling for seven straight months, according to the Case-Shiller Home Price Index for Boston issued monthly by Standard and Poors .
However, the Boston Index was basically unchanged in March 2010, perhaps signaling the end to the recent downtrend.
The Boston Index is published with a 2 month [...]
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Franklin, MA real estate continued to strengthen in May 2010 in terms of what’s called its “absorption rate”. At 7.5 months of standing inventory, the supply of Franklin homes for sale this month is 33% lower than the 11.5 months of housing inventory in Franklin one year ago.
Broader markets in Massachusetts also showed a similar [...]
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Warren Reynolds, Esq, GRI, e-PRO
Tel: 508.613.2889 | Contact
Century 21 Commonwealth
15 West Central Street
Franklin, MA 02038
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