April Absorption Rates:
Absorption rates are a calculation of how long it will take for all homes on the market to be sold, or absorbed, at the current rate of sales. This is the major indicator that real estate professionals use to determine whether it’s a buyers or sellers market.
How to determine which market we are […]
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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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