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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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We witnessed a slew of positive economic news in the middle of December. ABC News declared during one evening broadcast aired the week of December 12 that the corner has been turned on hiring in the US and that a markedly better economy lies ahead for 2012 On December 15 it was announced that weekly [...]
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MA home sales in November rose an impressive 20% over year ago levels, according to data maintained by MLSPIN, the dominant MLS in Massachusetts. The rise extends a rebound in sales volume that has developed over the past few months. If the recovery in home sales continues into 2012, it may mark the Bay State’s [...]
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Greater Boston home prices essentially held steady according to the August rendition of the widely-followed Case-Shiller Index for Boston released recently by Standard and Poors. The pause in MA home prices follows a nearly 6% rise in Greater Boston home values over the prior three months, but comes at a time when some are predicting [...]
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The Massachusetts unemployment rate continued its year-long decline in September, falling to 7.3 percent last month. The Massachusetts Executive Office of Labor and Workforce announced late last week that unemployment across the Bay State is now the lowest it has been since the start of 2009. The agency said that 43,800 private sector jobs have [...]
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Standard & Poors announced yesterday that Greater Boston home prices rose an impressive 5% over the last two months. The startling news is contained in the non-seasonally adjusted S&P/Case-Shiller Home Price Index for Boston which climbed 2.3% in June, after leaping 2.7% the month before. Good news tempered by seasonally adjusted results Although the 5% [...]
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Home sales rebounded strongly across Massachusetts in July, rising 19% from their levels of one year ago. July’s healthy sales figures mark the first notable pick up in housing demand in the Bay State since the Massachusetts real estate market essentially tanked last summer after the expiration of the Federal home buyer tax credits. MA [...]
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Massachusetts home sellers finally got some good news this week as Standard & Poors announced a nearly one percent rise in the seasonally adjusted S&P/Case-Shiller Home Price Index for Boston. The gain in the Index for May comes on the heels of declines over the past several months. MA home prices face tough going in [...]
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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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