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Archive for the 'Ma real estate' categoryThe Profiles of a Massachusetts Home-BuyerThe following are excerpts from the Massachusetts Association of Realtors Study: Newton, MA ranked one of the highest-income cities in U.S.The Great Recession certainly took its toll on cities across the United States. But even with high unemployment rates and declining wages, some communities have done very well for themselves. Portfolio.com surveyed 420 of the largest cities and Newton, MA came in second for highest income. Over 50% MA Real Estate Sales – 1st Time BuyersAccording to a new study 50% MA home buyers in 2009 were made by first-time buyers. Buy Groceries, Shop For Real EstateOkay, tell me what you think of this idea. Natick-based RE/MAX of New England and The Stop & Shop Supermarket Co. of Quincy have partnered to develop “micro real estate offices” in local supermarkets. Bay State Home Sales Climb 3 Percent In 2009; Median Price Drops Below $300,000Reversing a four-year trend of sliding sales, single-family home sales in Massachusetts crept up 3 percent in 2009 from 2008, according to new data from The Warren Group, publisher of Banker & Tradesman. Stakes are high as government plans exit from mortgage markets – Washington PostAn interesting article from today’s Washington Post regarding the federal government’s plans to exit the mortgage markets: “For more than a year, the government pulled out the stops to revive home buying by driving down mortgage rates. Now, whether the housing market is ready or not, the government is pulling out.” But apparently not [...] MA Real Estate ForeclosuresThe number of foreclosures initiated in Massachusetts jumped 28.1 percent in 2009 to 27,928 from 21,804 in 2008 but was 5.5 percent below the level in 2007, according to the latest report from The Warren Group, publisher of Banker & Tradesman. |