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Massachusetts' 8th Consecutive Month of Single Family Sales Increase
Massachusetts
The state’s resilient housing market continued to show signs of recovery in March, as buyers chased discounted prices and posted the eighth consecutive month of single-family home sale increases.
“I’m excited about what’s happening,” Karl Case, co-creator of the Standard & Poor’s Case-Shiller Index told the BBJ."Over the last six months there have been lots of positive numbers: housing starts are up, inventories are down, first-time and speculative buying is on the rise.”
-- “Real Estate Market Getting More Competitive,” by Thomas Grillo, CBS Boston, April 23, 2012.
Some Economists Say that It’s a Good Time to Buy a House
Mark Kiesel, the Pacific Investment Management Co. managing director who sold his home in 2006 when he deemed the market a bubble, says it’s time to buy. “I was one of the most negative on housing,” Kiesel said in a telephone interview. “I finally came to the conclusion housing is looking pretty decent.”
Economists including Mark Zandi of Moody’s Analytics Inc., Bank of America Corp.’s Michelle Meyer, CoreLogic Inc.’s Mark Fleming and Chris Rupkey of Bank of Tokyo-Mitsubishi UFJ said last month that housing prices are close to a trough.
“For those of you renting or on the sidelines, I recommend you at least consider getting ‘back in’ and buying a house,” Kiesel wrote. “The future is hard to predict, but U.S. housing is healing and is probably close to a bottom.”
-- “Pimco Housing Bear Kiesel Says It’s Time to Start Buying,” by John Gittelsohn, Bloomberg, May 4, 2012.
For today's homebuyers, the weight of the monthly mortgage bill is the lightest it's been in decades. In 98 of the top 100 metro areas, it's now cheaper to buy than rent. “If you have good credit," says IHS Global Insight economist Patrick Newport, "this is the best time in 40 years to buy.”
-- “Mortgage Payments at Lowest Level in Decades,” by Beth Braverman, CNNMoney, April 23, 2012.
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
Happy Mother's Day to All the Mom's Notice that there are quite a few Open Houses in Needham on Saturday too. As always there are great homes including single family homes and condominiums on Open House tour and worth a visit to all. Hey why not…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
On Track with the Bay Colony Rail Trail Over the past several months, there has been a lot of activity related to the Bay Colony Rail Trail It has been really exciting to see the project gain…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
Open House Sat 5/12 1 - 2:30 Needham, MA, Norfolk County, 744 Greendale Ave NEW PRICE Pat Baker | Coldwell Banker Residential Brokerage | (617) 435-3471 744 Greendale Ave # 744, Needham, MA NEW PRICE Charming Village Colonial with magnificent…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
Pat Baker | Coldwell Banker Residential Brokerage | (617) 435-3471 105 Chestnut St Ste 37, Needham, MA Professional office condo includes 3 divided offices Office offered at $149, 900 Year Built 1984 Sq Footage 695 Floors 3 Parking Uncovered…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
Pat Baker | Coldwell Banker Residential Brokerage | (617) 435-3471 33 Pine Vw # 33, Millis, MA Townhouse With Lots of Update and Great Space 2BR/1+1BA Condo offered at $199, 000 Year Built 1984 Sq Footage 1, 443 Bedrooms 2 Bathrooms 1 full, 1…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
Needham Open House 744 Greendale Ave 4/22 12- 1 PM When considering moving to Needham don’t overlook this charming Village Colonial with magnificent 600 sq. ft. wrap-around porch…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
Needham, MA Market Report for March 2012 There were 17 homes that closed in March of 2012. There were 19 homes sold in March 2011. The Average list price for the homes that closed in Needham for March 2012 was $1, 019, 746..
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
Needham, MA Open Houses Saturday 4/14 and Sunday 4/15 Needham, MA single family homes are selling well in this spring market. There is a great list of open houses for both Saturday and Sunday. Spring is blooming here and so is the Needham Spring…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts (Coldwell Banker Residential Brokerage )
What Draws Families to Needham, MA First and foremost I believe friends who live in graduated, MA and have children going to school in fare, MA tell their friends and they want to live there. Secondly they grew up in fare, MA and granduated from…
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Pat Laracy Baker, Realtor, Green, ABR Needham, Massachusetts
Needham,
MA
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