report

Local Market Update for Newton, MA

tech
Between January 2014 and January 2015, the city of Newton has seen an increase of 8.1% in the closings of single-family homes. Prices of single-family homes in Newton have

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Increased Real Estate Mortgage Rates

Mortgage Rates on the Rise!

            Average U.S. mortgage rates rose modestly this week, a move that makes home-buying a bit less affordable. Still, rates remain near historically low levels.

            Mortgage buyer Freddie Mac said Wednesday that the average rate on the 30-year loan increased to 4.29 percent from 4.22 percent last [...]

Newton, MA Market Report

 
This is a 2012 year end market report for Newton, MA for single family, condominiums, and multifamily homes.  The report includes the average price for which it sold, the days on the market, and the number of listings sold, depending on the price range and number of bedrooms/units for each type of property.  It also shows charts and graphs [...]

Local Market Update for Dover, MA

tech

In Dover, MA between January 2014 and January 2015 there was a decrease in sales of single-family properties by 85.7% although the average sales price of properties increased by 13.5%. The time spent on the market also increased by 125.1% and there was an increase in new listings in Dover of 33.3%. There were no condominium

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Local Market Update for Brookline, MA

tech

Between January 2014 and January 2015 in Brookline, MA there was an increase in closed sales of single-family properties of 80% and the average sales price increased by 21.2%. There was an unfortunate increase in days on the market of 41.2% and a decrease in new listings of 40%. Condominiums in Brookline had an increase in

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Have You Seen These Icicles?

tech

With the crazy amount of snow we have recently received in Newton, it's almost impossible to miss the massive icicles hanging from homes and businesses.  They may look cool, but they can also be very dangerous.  Because of all the build up of snow and ice, CBS Boston reports that 74 roofs have collapsed

 

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Why Now is the Best Time to Sell Your Home

tech

According to the Theory of Supply and Demand, you’ll make the most money when demand is high and supply is low. The National Association of Realtors reported that buyer activity was three times greater this past January than in January 2014. They also state that there are fewer houses on the market now than there

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In 2014, 1.2 Million Borrowers Regained Equity

tech

CoreLogic® conducted an analysis that showed that 1.2 million borrowers regained equity in 2014, bring the total number of mortgaged homes with equity at the end of 2014 to 89 percent.  However, from Q3 to Q4 of 2014, the negative equity value increased $7 billion to $348.8 billion.  Over the course

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