real estate market: Billerica, MA Market Report: January - October - 12/09/08 09:19 AM
Comparing the first 10 months of the year to the first 10 months of 2007, the median price of a single-family home in Billerica, Massachusetts has declined 8.6 percent from $350,000 to $320,000. The median price is down from $377,500 during the same period in 2005. Year Median Price 2005 $377,500 2006 $360,000 2007 … (0 comments)
real estate market: U.S. New Homes Continue Slide - 12/01/08 04:38 PM
New home sales in the U.S. have plummeted to a pace not seen since 1991, and prices are at 2004 levels, USA Today reported November 26, 2008.
"The Commerce Department reported [November 25, 2008] that new-home sales decreased 5.3% last month to a seasonally adjusted annual sales pace of 433,000 homes, … (0 comments)
real estate market: North Andover, MA Real Estate Market Data - 12/01/08 04:03 PM
Bucking the trend in most Massachusetts communities, North Andover, MA posted a 3.9 percent increase in the median price of a single-family home through the first three quarters of of 2008 ($509,300) compared to the same nine-month period in 2007 ($490,000).
The data comes from the MLS Property Information Network, Inc.
Sales of single-family … (0 comments)
real estate market: MA Home Sales Rise For Second Straight Month; Prices Continue Decline - 11/26/08 01:29 PM
Single-family home sales in Massachusetts increased nearly 14 percent in October compared to October 2007, the second consecutive month that sales increased in the Commonwealth, The Warren Group, a publisher or real estate data, reported November 25, 2008. Prices continued to fall, with the statewide median home price falling by more than … (2 comments)
real estate market: Andover, MA Real Estate Market Data - 11/19/08 08:41 PM
After seeing the median price of both single-family and condominium homes increase from January through September in 2007 compared to 2006, the number of sales and median price in Andover, Massachusetts declined in 2008.
The data comes from MLS Property Information Network, Inc., the multiple listing service used by local real … (0 comments)
real estate market: Will Surge In Mortgage Applications Boost Home Sales? - 03/28/08 10:13 PM
U.S. mortgage applications surged recently, but whether the rise in applications results in increased home sales is uncertain. I found this comment by Dan Pierce, a portfolio manager at State Street Global Advisors in Boston, in a Reuters article about existing home sales. "We saw a nice surge in mortgage applications in … (2 comments)
real estate market: Should We Believe The Pundits? - 11/26/07 07:31 AM
I received the following from a mortgage professional at Wells Fargo on Wednesday.Tracking the Track RecordWhat the ‘Experts’ Say about Housing Prices “The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline.”- Time Magazine 1947 “Houses cost too much for … (3 comments)
real estate market: A Glimmer of Hope in Massachusetts - 08/27/07 09:41 PM
The housing market offered a glimmer of hope to those praying for a rebound in home sales in the Bay State. The Massachusetts Association of REALTORS® (MAR) reported August 20, 2007 that the number of single-family homes sold in July was up 6.0 percent compared to the same time last year, … (0 comments)
real estate market: Massachusetts Ranks 9th in Foreclosure Filings, NH 34th - 08/27/07 09:38 PM
According to RealtyTrac, Inc., Massachusetts ranks 9th in the country in foreclosures filings. Massachusetts saw a month-to-month increase of 48.64 percent in July 2007. New Hampshire ranks 34th and actually saw a decline in foreclosures in July 2007 compared to June 2007. On a month-to-month basis, foreclosure filings in the … (2 comments)
real estate market: U.S. New Home Sales See Surprise Gain, But Prices Down - 08/27/07 09:37 PM
According to Commerce Department data, sales of new homes in the United States rose 2.8 percent in July, CNN Money reported August 24, 2007. Prices were down 3.4 percent in July compared to July 2006. "Even with the unexpected rise, the pace of sales only looked good by comparison to very weak … (1 comments)
real estate market: Foreclosure Pain Is Widespread - 08/27/07 09:32 PM
Foreclosures across the United States rose 93 percent in July compared to July 2006 and increased 9 percent compared to June 2007, the Houston Chronicle reported August 21, 2007. "There were 179,599 foreclosure filings reported during July, up from 92,845 during the same period a year ago, Irvine-based RealtyTrac, Inc. said today. … (0 comments)
real estate market: Nobody Told The Big Apple About The Housing Slump - 08/27/07 09:31 PM
While many, but not all, of the country's real estate markets struggle, apparently no one has informed the folks in New York City. The real estate market in the Big Apple is full-steam ahead with no end in sight. But will it end? And when it does will is crash hard? Only … (0 comments)
real estate market: Existing Home Sales, Prices Decline Again - 08/27/07 09:23 PM
Existing home sales across America have declined for the fifth straight month in July and home prices have dropped for a record 12th straight month, USA Today reported August 27, 2007. The National Association of REALTORS provided the data, which indicated a 0.2 percent drop in home sales compared to June … (2 comments)
real estate market: NAR Predicts Slower Sales, Prices Steady - 08/11/07 04:57 PM
How is the real estate market where you are? USA Today reported August 8, 2007 that existing-home sales in the U.S. should hit a pace of 6.04 million units this year, down from the 6.11 million units the National Association of REALTORS (NAR) predicted last month. The NAR trimmed its sales forecast … (1 comments)
real estate market: U.S. Pending Home Sales Rise, First Time Since February - 08/11/07 07:49 AM
Reuters reported August 1, 2007 that U.S. pending home sales in June rose five percent, welcome news for a real estate market that has had little to cheer about lately. "Pending sales of previously owned U.S. homes rose at their fastest pace in more than three years in June, a real estate … (3 comments)
real estate market: U.S. Home Construction Permits Fall - 08/04/07 09:15 AM
U.S. home construction rose 2.3 percent in June, but the number of pulled building permits, an indicator of future construction, fell 7.5 percent, Fox News reported July 18, 2007. Permit activity dropped to its lowest level in 10 years, signaling more weakness in home construction across the U.S.Read This Article
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real estate market: Wilmington, MA Real Estate Market Report - 08/04/07 08:25 AM
During the first six months of the year, the median price for a single-family home in Wilmington, Massachusetts has declined 9 percent compared to the same period in 2006, according to data I researched using the MLS Property Information Network, Inc. Median Sales Price for Single-family Home in Wilmington, … (0 comments)
real estate market: U.S. Home Sales Decline, Markets Vary - 08/04/07 07:32 AM
The National Association of REALTORS (NAR) reported July 25, 2007 that total existing home sales in the U.S., including single-family, condominium, townhouse and co-op homes, fell 3.8 percent compared to May 2007 and dropped 11.4 percent compared to June 2006. Total housing inventory fell 4.2 percent at the end of … (0 comments)
real estate market: Westford, MA Real Estate Market Report - 08/04/07 07:28 AM
Using sales data from the MLS Property Information Network, Inc, I performed some single-family market research for some buyers looking at single-family homes in Westford, Massachusetts. Days on the Market for Single-family Homes in Westford, MA: Comparing June 2006 with June 2007, the average number of days on the market … (0 comments)
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Comparing the first 10 months of the year to the first 10 months of 2007, the median price of a single-family home in Billerica, Massachusetts has declined 8.6 percent from $350,000 to $320,000. The median price is down from $377,500 during the same period in 2005. 
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