How can you get your house sold in a slower real estate market? According to the Globe: “Buyers just want price,” says Mike Morgan, a Stuart, Fla.-based lawyer, real estate broker, and consultant who researches property markets for hedge funds and...
This week’s Boston Real Estate Condo Market Reports are now available, here. The market reports provide readers with detailed information on the state of the Boston real estate market. The reports include data on inventory, recent sales, and price per square...
After much thought on the matter, I’ve stopped reporting average and median sales prices, since they are pretty much irrelevant, in any market. The actual number of sales and under agreements is a good gauge of what’s going on in the market, however, as is...
Fortune magazine predicts home prices five years from now. They concluded that Boston area single-family homes will drop 5% over the coming five years. The average single-family home costs $834,000 today; they predict it will cost $793,000 in five years. The idea is,...
This week’s Boston Real Estate Condo Market Reports are now available, here. The market reports provide readers with detailed information on the state of the Boston real estate market. The reports include data on inventory, recent sales, and price per square...
The following information is from the local MLS database, as of November 10, 2007, compared to (November 3, 2007). Total # of condos for sale in the city of Boston: 2,398 (2,420) Average # of days on market: 131 (128) Median price of all condos for sale in the city of...