Markets all around Boston are showing signs of stabilizing prices. Here is the sales history for mid sized condominiums in Stoneham, MA. In the past twelve months there were fewer than 5 foreclosure sales, while there is only one foreclosure currently listed for sale. These are good signs for this great north of Boston suburb. With fewer foreclosures, Buyers should not expect prices to drop much further. Buyers should take comfort knowing that their investment is not likely to drop in value like a new car.
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