On December 2, 2008 Emily Rooney of Greater Boston – WGBH interviewed Timothy Warren CEO, The Warren Group and Jack Enright Realtor, of Hammond Residential. The discussion was pertaining to the current real estate market conditions.
Some points of interest:
* Home sales in the state are up 14% and home prices are down by the same number
* For the first time in 5 years median home prices are below $300,000 (State home prices)
* Jack Enright from Hammond Residential, thinks we will see inventory increases in ’09 and stated that “inventory is not where we wanted it to be in ’08”
click on the link below to view the entire interview.