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What direction is Massachusetts real estate headed in 2010? To judge from the conflicting statistics published this week by two highly-respected real estate tracking firms, the current state of home sales in MA seems highly confused. But the apparent muddle in MA real estate stats may derive from the different data sets being reported on by [...]
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Two reports issued separately last week paint a relatively upbeat picture of Massachusetts real estate as we get ready for the Spring 2010 prime home selling season. 2009 MA home sale volume up The Warren Group, publisher of the influential real estate trade publication Banker & Tradesman, released annual home sale figures Tuesday showing a [...]
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If you’re wondering where Massachusetts real estate may be headed in 2010, there’s a new YouTube video which will give you some possible answers. New YouTube Video Created by Franklin, MA Realtor Warren Reynolds, the video examines the likely beneficial effects the Federal Home Buyer Tax Credits will have in stimulating housing demand and extending [...]
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Greater Boston home prices have risen an impressive 6.9 percent from their lows set last March, according to figures released today by Standard and Poors. The gain marks quite a near-term turnaround for Boston metro home prices. The S&P/Case-Shiller Index for the Boston metro area has now risen for the fifth month in a row after [...]
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Many home buyers feel a bit confused or uncertain about how much to offer on a home for sale in Massachusetts. Is asking price too much? Is five percent off asking price too low? How do you know if the seller’s asking price is in-line with real estate market values? Here’s a new video that [...]
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Home owners throughout Massachusetts received some very welcome news today from Standard and Poor’s. Boston metro area home prices rose 0.4% in April 2009 according to new figures in the S&P/Case-Shiller Home Price Index. First Rise in 8 Months April’s home price rise breaks what was up until now an 8 month stretch of home [...]
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Stocks are up 22% from their lows . . . February new housing sales were up 4.7% nationally . . . Existing US home sales rose 5.1% in February . . . Mortgage rates are at 4.6% . . . Federal stimulus spending is kicking in later this year . . . All this is [...]
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Single family home prices in the Greater Boston metro region fell again in January 2009. Values declined 1.5% from December 2008’s levels, according to the S&P/Case-Shiller Home Price Index for Greater Boston. The Greater Boston single family Index dropped to 150.73 in January 2009, a level not seen since the 150.42 reading back in April [...]
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Buyers will occasionally ask me whether they can make an offer of 20%, 30% or even 40% less than a listing’s asking price. The expectation is that a motivated seller will take almost any price to get a property sold. Many low-offer buyers seem sincere in their intent. And they are often astonished when the [...]
Since peaking at its high of 182.45 in September 2005, the S&P/Case-Shiller Home Price Index for single family homes in the Boston metropolitan area has declined a total of 16.2%. Metro Boston’s S&P/Case-Shiller Home Price Index fell to 153.05 for December 2008, the most recent month reflected in the report. This puts Boston home values [...]
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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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