The first full week of March. Continued low inventory and strong demand has created a dynamic where inventory is selling very quickly and with multiple offers. Pending home sales increased last month by 44%
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Miami Market Buoyed by Foreign Money
An article by Roben Farzad in this weeks Bloomberg Businessweek illustrates a very different Miami and general South Florida real estate market than we are used to writing about.
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Boston Up 1.4% From Low
The Standard & Poor’s Case-Shiller Index released this week shows that Boston real estate prices are up 1.4% from our low in September 2005. Most parts of the country seemed to bottom out in the summer of 2009…
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Sold At The First Open House!
I have posted at length about the lack of good inventory in all downtown neighborhoods but specifically in the South End, of the frequency of multiple offers, and the general need for inventory to keep the positive market momentum going.
Once again the story around the table at our business meeting was the 92 condos on the market in the South End. A 22% decrease from last year at the same time.
Last week I got an email from a friend who was trying to help his brother find a rental in the Back Bay, beacon Hill or South End. He was looking at rentals up to $2K…
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Provincetown Market Report
Stable yet dynamic, with a wide range of opportunities. The 202112 Provincetown market report compares Cape Cod MLS sales data from 2010 to 2011and shows all these characteristics.
In its latest economic outlook, NAR released its forecast figures for 2012. In attempting to bring it all right back home to what it means to us…
The buzz this past week in the market and in the office was the extremely low inventory level of property for sale and in turn how this is effecting buyer engagement.
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Pending Home Sales Jump
I love going into the New Year with all the positives we can get. A monthly index that tracks pending sales of existing homes rose to its highest level in 19 months…