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January is the month of Janus, the classical Roman god with the power to look back into the past while also seeing future events. Observers of the MA real estate scene should be excused if they invoked this 2-faced deity late last month, confronted as they were with contradictory news reports about where home prices [...]
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Metro-Boston is overdue for a real estate rebound, according to a report just released by Forbes, the highly-regarded publisher of business and financial news. In the report entitled “Cities where Real Estate is Ripe for a Rebound”, Greater Boston ranked in the top 3 US metropolitan areas most likely to see a recovery in home [...]
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Stability – it’s an easy thing to take for granted but in hindsight it’s a very welcome description to be able to use for the 2011 real estate market in Massachusetts. In review, it was a decent year! Median home sale prices off lows While median prices in MA as a whole (shown in green [...]
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Real estate is a lagging economic indicator. Home prices and property sales usually trail movements in the general economy. When a new up cycle gets underway, real estate is typically one of the last sectors of the economy to benefit. So it was no surprise earlier this week when several upbeat developments in the US [...]
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A very promising future for America in the 21st Century may be taking shape, at least if some surprising trends play out as some are predicting. Another American Century? The Telegraph Media Group of the UK just published an interesting article on why we may all soon be reaping the benefits of a radically improving [...]
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Greater Boston home sale prices drifted just a bit lower in August 2010, posting a mild 0.3% drop. The essentially steady performance of metro Boston home prices was announced earlier this week by Standard and Poors in its monthly release of the S&P/Case-Shiller Home Price Index for the Boston metro area. Pronounced seasonal pattern of [...]
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July saw yet another increase in Greater Boston home prices. This is the fourth consecutive month that single family residential home values in the metro Boston area have risen. Modest rise Standard and Poors released its Case-Shiller Index for metro Boston today showing a 0.6% uptick in Boston home prices during July. The Index publishes [...]
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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 [...]
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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 [...]
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Massachusetts real estate looks poised for another round of strong price appreciation in coming years according to The Greater Boston Housing Report Card 2009. Released earlier this week by a respected policy center at Northeastern University, the Report Card also ranked the Town of Franklin as having one of the best-performing local real estate markets [...]
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Warren Reynolds, Esq, GRI, e-PRO
Tel: 508.613.2889 | Contact
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Franklin, MA 02038
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