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Archive for the 'Massachusetts real estate' category
The sales of single-family homes in Massachusetts increased 33 percent last month, to 2,350, while condo sales were also up by 18 percent, to 892, according to the Warren Group. The pricing picture is a little more mixed. Median single-family home prices fell last month by 3 percent, while condo prices increased by 4.7 percent. [...]
03/28/12 |
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Some good news from the Warren Group: Single-family home sales in Massachusetts increased again last month by 3 percent, or to 2,425, the highest January level since January 2007. But median home prices still declined by about 4 percent compared to a year ago. The news wasn’t so good for condos: Sales of condos were [...]
02/28/12 |
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After 18 years of neighborhood feuding over construction of a 5,000-square-foot home in scenic Marblehead, the offending mansion was finally torn down yesterday by court order. The owner is out a lot of money. Can you imagine being in a feud that long? The constant muttering under your breath. The angry dreams of revenge. The [...]
02/22/12 |
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Here’s the best theory yet about where the housing market has been and where it’s going: It has to do with the Pharaoh’s troubling dream, as interpreted by Joseph, in the Bible’s Genesis 41. Look it up and weep, all you secular economists and industry experts. File under: We should have known
02/15/12 |
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The Kennedy’s famous home within the Kennedy compound is being donated to the nonprofit institute that Ted Kennedy had set up to study the history of the U.S. Senate. From what we can gather from the article, this is the main home within the compound. The other properties within the larger compound will remain within [...]
01/30/12 |
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The Globe has a depressing article on how rents in Boston are now reaching record highs. It seems almost impossible, considering the weak economy, the amount of lower-priced homes out there, and super-low mprtgage rates. You’d think rents would at least be holding steady. But law of supply and demand is still the law of [...]
01/26/12 |
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Boston Real Estate Blog vaguely remembers running a variation of this ranking before. But we saw it once again over at another blog as if it were new — and we’re still shocked by its findings: Massachusetts is the second best state for foreclosure bargains. You wouldn’t think that would be the case, considering Massachusetts [...]
01/25/12 |
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The final 2011 housing market statistics are in for Massachusetts. Borrowing a line from Tom Brady, the year sucked, but the fourth quarter wasn’t all that bad. The Warren Group reports that single-family sales were down 6 percent last year, to 38,994, the lowest figure since 1990. That’s “1990,” as in the worst year of [...]
01/25/12 |
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The Federal Reserve’s Beige Book came out yesterday with somewhat encouraging news of a “modest to moderate” economic expansion across the country. Needless to say, we didn’t know there was an apparent difference between “modest” and “moderate” growth, but we’ll take whatever’s better. Anyway, the housing market continues to be a drag on the economy. [...]
01/12/12 |
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