Boston Real Estate
The Boston Business Journal reports on the most recent data compiled by CoreLogic on the local residential real estate market. Year over year for December 2010, CoreLogic reports that in the Boston-Quincy metro area, values were up 6.16 percent. For 2010 up to Nov. 30, values overall in this area were up 4.65 percent. The BBJ also notes most of these gains were in “healthy sales” — not the distressed property or short sale scenarios. This fits with a lot of anecdotal evidence that there is a lot of stubborn resiliency to sale prices in our market. One explanation could be that for “healthy sales” we’re still talking about the higher end of the market, where there’s been more activity than in the mid and lower-priced sales.
Do you agree with me? Let’s get a conversation going…
