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Archive for the 'Massachusetts real estate' category

And the best supporting actor for housing is … Wilmington!

Forget about last night’s Oscar awards. Of far more practical interest are the award rankings for the best towns for housing deals in Massachusetts, not to be confused with the best usual-suspect towns for housing appreciation and bragging rights (Newton, Brookline, Cambridge etc.) So we’ll call this category the “best supporting actor for housing.” And [...]

Home prices in 22 of 156 towns now exceed pre-crash peaks

Home prices in 22 of 156 Massachusetts towns and cities are either at or exceed their old pre-crash peaks. They include many of the usual suspects: Cambridge, Brookline, Newton, Wellesley, Cohasset, Concord, Lincoln, Lexington and Boston, among others There are a few minor surprises, such as Somerville and Winchester, though they’re not that big of [...]

Impressive surprise: Mass. home and condo sales were red hot in January

Despite a slackening of the market in the last few months of 2013, home and condo sales were red hot in January, with prices spiking to pre-recession levels in some cases. According to the Warren Group, single-family home sales in Massachusetts increased by 5 percent in January, the best January sales numbers since 2007. Prices [...]

‘Our biggest impediment’: Inventory

Inventory, inventory, inventory. Or lack thereof. That’s the ‘biggest impediment’ to to the local housing market, experts say. And, oh, truly crappy weather is an impediment too, though this weekend isn’t going to be bad, or so say the alleged weather experts. File under: No kidding.

Quincy and the perils of mega-huge development projects

The developer of the $1.6 billion Quincy Center redevelopment project, which has stalled amid financial uncertainties, has been issued an ultimatum by the city: Build or the development agreement is terminated. Or so says the city. The reality, though, is that Quincy is now in a fine pickle. What does the city expect? The developer [...]

Magoun Square: Somerville’s latest hip neighborhood

The Herald has a piece on how Somerville’s Magoun Square is slowly taking off, thanks to the recently opened Maxwell’s Green apartment complex and the anticipated arrival of a new Green Line stop. And it’s only a stone’s throw away from where Howie Winter and Whitey Bulger had their cute little auto shop that they [...]

Massachusetts condo sales surge in December

Sales of single-family homes may have been flat in Massachusetts in December. But condo sales soared by 15.29 percent last month, according to the Warren Group. Prices for both single-family (up 3.7 percent) and condo units (7.3 percent) continued their rise as well in December, though not by the sharp upward spikes as seen in [...]

Are home prices really topping out?

Here’s a piece that suggests that home prices across the country, which spiked last year, may be topping out. Our reaction: We’ll believe it when we see it, at least in Massachusetts. As we noted a few days ago, prices increases may slow, but that doesn’t mean they’ll hit some sort of magical peak and [...]

Forecast: Boston home prices to moderate in 2014

CoreLogic Case-Shiller has some interesting housing market forecasts for 2014 and 2015. We ran the numbers for Massachusetts and here’s what we found: CoreLogic Case-Shiller is forecasting home price increase of 3.7 percent in the Boston-Quincy area from the third quarter of last year (the latest data available) through the third quarter of this year, [...]

Feds: Mass. housing market hobbled by lack of inventory

In its latest Beige Book report, the Federal Reserve reports that the regional real estate market continues to improve, but says lack of homes for sale is still a concern. From the report: A Massachusetts contact says limited inventory is constraining the market, as the available months of supply for single family homes and condominiums [...]

Let's talk Boston real estate. The most recent real estate comments

  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...
  • Matthew Mowell, Boston’s glut of new luxury apartments may bring down rents – and banks with them : One reason why...
  • greent, Boston Condos Sunday Open Houses: The editorial team unmistakably thanks ea and ea and occasionally every
  • Anumaneitaka, NAR job posting – needed: economist, spokesman, human punching bag: Вас не отпускают с работы? Не...
  • PROPERTY MANAGEMENT Oceanside CA, Blog: Thanka
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Don’t taunt them...
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Re Boston: If you venture out to...
  • anon, Five signs you’re a ‘renter for life’: Or you could very well understand finances and the...
  • anon, Return of low down-payment mortgages: Brilliant! Just keep lending more for less and prices must keep rising....

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