Here are the statistics for Single Family Homes in Boston, MA for May 2009. I plan to post charts on the Single Family, Condo & Multi Family markets in Boston at the beginning of every month with commentary on the comings and goings of our current market.
If I can get this down to a […]
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Have you heard the news? Pending home sales were up in December ‘08. Could this be the Phoenix rising from the ashes of our current real estate market? I know a lot of economists hope to use this data to show a bottom in the market. Unfortunately, it’s […]
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The Warren Group has released its year end data for 2007 this week. What strikes me most is not the decline in residential sales or prices (down 5% from ‘06). Instead it’s the huge (and I mean huge) pull back in mortgage originations. Down 60% (60%!!!!) from the highs of 2003 and down 22% year […]
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The Wall Street Journal reported a couple of weeks ago about the opportunities that exist in this current market for small investors of commercial properties.
A lot of my clients fit this category and I thought I would pass this information on to the readers of the Boston Real Estate Blog. Unfortunately, the WSJ is […]
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Banker & Tradesman, yesterday, reported that despite the current slowdown in residential sales statewide the rental market is looking at projected increases of 3.9% in 2008 and 3.8% in 2009 due to good/average job growth. Every area of the Boston Metro region experienced growth except the North Shore due to a glut of new apartments. […]
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