Buyers Save Big In Declining Markets - 08/27/08 02:17 PM
With the current mortgage crisis and adjustable rate mortgages valued in the trillions still waiting to adjust in 2008, the mortgagee fiasco will continue to drive property values downward. With that said, it is important to focus on how this will benefit investors and homebuyers alike that decide to buy during this declining market. Many people don't know this but more Americans became millionaires during the great depression than any other time in American history. This happened because people became desperate for cash and acted relatively irrationaly by selling their land and homes for pennies on the dollar. This was obviously … (0 comments)

Boston Condo Sales July 2008 - 08/04/08 01:33 AM
For the month of July 2008, the year on year condo sales value in Boston remained flat from 2007 to 2008, while volume dropped slightly at 12%. Here are the numbers: In July 2007 there were a total of 464 condos sold, while July of 2008 saw 408 total sales. The median value of sold condos in July 2007 was $375,500 and rose slightly in July of 2008 to $379,250. This represents a rise of approximately 1% in value and thus values have remained flat. This is an indication that the Boston market has remained relatively strong throughout the mortgage crisis. Although a decline … (2 comments)

 
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Robert Nichols MungoList.com

Boston, MA

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MungoList.com

Address: 404 Neponset Ave, Boston, MA, 02122

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MungoList.com aims to connect home sellers to local real estate professionals. From California to Boston, Chicago and beyond, we offer unique listing service that allow home owners to attain significant savings but assign a local pro that will provide guidance and direction. Home sellers who stad to save Thousands of dollars by using MungoList. Buyers see new home listings before the appear on MLS at MungoList.com


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