Tag Archives: wall street journal

Why NOW is the perfect time to buy in Boston

Photo Credit: Boston Globe Staff Photo by John Tlumacki

According to a new report from The Warren Group, the publishers of Banker and Tradesman and The Commercial Record, the numbers for Massachusetts home sales are down more than 20% for the first half of 2011, and at the lowest level since 1991.
Although this may not necessarily be news to celebrate the economy’s comeback, the silver lining appears. Buyers in the Boston real estate market can rest assured knowing that it is a great time to purchase their first home, or buy a vacation home. Boston area condos, especially those …

Home Sales Balance

Hot off the press from the Wall Street Journal today…Home sales up as price get more realistic!
Existing-home sales climbed for the first time in seven months during February as buyers took advantage of sharply falling prices.
Home resales rose to a 5.03 million annual rate, a 2.9% increase from January’s unrevised 4.89 million annual pace, the National Association of Realtors said Monday. The last time sales increased was July.
Sales year over year were down 24% from February 2007.

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