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Archive for the 'Massachusetts real estate' categoryGet the lead out!Just what the home market needs: Another expensive regulation for home renovations “as modest as a window replacement or a paint job that covers as little as 6 square feet in a room.” The Profiles of a Massachusetts Home-BuyerThe following are excerpts from the Massachusetts Association of Realtors Study: In Depth: Where Home Prices Are RisingAltos Research, a Mountain View, Calif.-based real estate market data firm, looked at every city in the United States with at least 100 homes on the market to find out where asking prices for single-family homes had risen the most since last year (though Altos does not track condominiums). 2010 Homes Sales Depend On JobsThe following commentary was wrriten by Lawrence Yun who is the chief economist of the National Association of Realtors: MAR optimism … and pessimismThe Massachusetts Association of Realtors has released a survey showing that real estate brokers are more optimistic than they were a year ago. But Scott notices the part of the survey that indicates Realtors aren’t exactly optimistic about the market after the federal home tax credits expire this spring. Scott: ‘Mostly above water’Economists and housing experts are rightly concerned that many people will pull a “walk away” if the value of their homes fall too far below their actual mortgage prices. It’s a real problem that could flood the market with even more foreclosed homes. 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. |