Click chart to enlarge.
The excerpts below are from a Banker & Tradesman article regarding the surge in single-family homes sales in Massachusetts for the month of June:
More than 5,700 single-family homes sold in Massachusetts in June, the highest amount for any month since June 2006, according to the latest report by The Warren Group, publisher [...]

According to a news article from Banker & Tradesman apartment, rents are on the rise for the second quarter of the year, with Boston among the top metro areas nationwide seeing increases.
Boston ranked fourth in the country in rent growth in the second quarter, with effective rents edging up 1.8 percent to an [...]

As expected, sales are picking up again as contracts must be signed before April 30th to qualify for the Federal tax credit:
After several disastrous months for home sales across the country, when volume dropped by 23 percent, the pace appears to be picking up again.
These deals will be reflected in the national sales reports [...]

Comparing Boston condo sales from 2006 – 2010 for March 1st through March 25th.
2006 – Number of Boston condo sales 701
2007 – Number of Boston condo sales 771
2008 – Number of Boston condo sales 564
2009 – Number of Boston condo sales 451
2010 – Number of Boston condo sales 604
File under: Through the Looking-Glass. … “it [...]

I know of two buildings, one on Beacon Hill and the other in the South End, that are ideal for a Boston condo conversion project. If you are interested in finding out more information call Linda at Ford Realty 617-720-5454 or 617-512-4557.

The following excerpts are from a Banker & Tradesman article, headlined Bay State Foreclosure Petitions Drop In January:
The number of foreclosures started by lenders in Massachusetts during the month of January dropped to the lowest level in more than a year, according to a new report by The Warren Group, publisher of Banker & Tradesman. [...]

You’ve heard the saying “cash is king.” Well, I guess it also applies to the Boston real estate market.
According to a new Otis & Ahearn study, more buyers are paying cash for properties in the Boston proper area. The number of buyers who paid cash for Boston condos accounted for nearly a third of [...]

More Boston homes were listed for sale in January compared to the previous month, according to a new report.
Nationwide, January marked the first time in 18 months that more homes were listed for sale compared to the previous month, with an additional 15,000 homes, or a 2.9 percent increase, listed for sale compared to December, [...]

Did you know …. The average time it takes to get a home loan processes is about eight weeks now – two weeks more than it used to be, according to the National Association of Realtors.

Here’s a question. Should real estate agents provide an “Irrational asking price index”? This would be an index that represents the difference between what a seller hoped that they would get for their home, and what they actually obtained after months of price reductions. If you’re a seller perhaps a better name would be the [...]