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Archive for the 'Massachusetts real estate' category
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.”
What’s it for? Lead paint. It’s a major problem. No doubt, something needs to be done.
But there’s also no doubt it will be [...]
03/07/10 |
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The following are excerpts from the Massachusetts Association of Realtors Study:
The median income of buyers was up to $94,800 compared to $88,100 in 2007 and higher than the $73,100 national median income. Fifty-nine percent of home buyers were married couples, 15 percent single females, 14 percent single males, and 12 percent unmarried couples. [...]
03/01/10 |
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Altos 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).
The number one place in the [...]
02/28/10 |
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The following commentary was wrriten by Lawrence Yun who is the chief economist of the National Association of Realtors:
The extension and expansion of the home buyer tax credit can be counted on to help home sales throughout the first half of this year, but how will markets fare after the credit expires on April 30 [...]
02/26/10 |
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The 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:
Well guess what bears? More than [...]
02/17/10 |
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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.
But the Boston Business Journal has a terrific article about how Massachusetts is [...]
02/05/10 |
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Reversing 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.
Median home prices, however, dipped 6.6 percent from 2008 and were almost 20 percent lower than the market peak in 2005.
An excerpt [...]
01/26/10 |
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