I highly recommend this, for anyone thinking of buying a home this spring.
Homebuying 101: It’s not too late!
THURSDAYS Feb 14, 21, 28, and March 6
26 Court Street
T Green Line - Government Center
Are you planning to purchase a home in Boston? Register for Homebuying 101! This FREE eight-hour course is a must for any first-time homebuyer.
Topics […]
Earlier today, The Warren Group released sales data for 2007, showing a drop in both sales volume and median sales price for all of Massachusetts, and for the city of Boston, as well.
What was behind the slowdown?
From Banker & Tradesman:
Anthony Longo, owner of an online buyers
The Wall Street Journal had a story out on Monday called “Where Housing Is Headed”.
Basically, down.
Anyway, the story was about how areas that have stayed strong over the past year or two may be headed for more trouble.
How’d Boston do?
Not too shabby.
Metro area: Boston
Overall “strength”: Moderate
Change in housing inventory (Dec 2007 vs. one year prior): […]
Earlier today, The Warren Group released annual data on single-family and condominiums sales in the Commonwealth.
Home Sales Plunge to Early-1990s Level in 2007;
Median Price is $15,000 Less Than in 2006,
According to The Warren Group
December Sales Down 23%
BOSTON, Jan. 28, 2008
The following information is from the local MLS database, as of January 26, 2008, compared to (January 19, 2008) (and January 27, 2007 - where available).
Total # of condos for sale in the city of Boston: 2,021 (1,995) (2,010)
Average # of days on market: 151 (155) (147)
Number of condos sold (closed) over past 30 days: […]
The President and Congress seem prepared to act to infuse the US economy with much needed liquidity.
First up, rebates. Yay. I’m spending mine, are you? In fact, I’ve already spent mine. Have you?
Second up, raising conforming loan limits.
You’ve probably already heard about this, and/or read about it, elsewhere. I have, […]
Yesterday, mega-superstar columnist Holden Lewis held an online chat with readers of Boston.com.
Holden writes the popular and important blog, Mortgage Matters, on Bankrate.com.
The transcript of the chat can be found on Boston.com.
Here’s Holden’s initial thoughts about the chat:
Whew! That was quite a workout, doing that chat on Boston.com this afternoon. (I’ll post a link to […]
The volume of condominium sales in many Boston neighborhoods fell 12 percent in the fourth quarter …”
Average price dropped 4.1% during the same time period, compared to 2006, according to the Listing Information Network, Inc (LINK).
… For all of 2007, the number of urban condos sold in its territory was 3,466, down 0.03 percent […]
