Mass. Home Sales down in July

Today we issued the housing sales numbers for July.  And after 12 straight months of year-over-year increases, sales have gone down.  Despite the decreases, median prices and inventory continue to go up.  Click the link to read the full release and hear the podcast from 2010 MAR President Kevin Sears.

Here are the “highlights” from the release:

  • This is the first drop in sales in 12 months and the largest year-over-year decrease since March 2008
  • Median prices for single-family homes have gone up for nine straight months
  • Condo sales are down year-over-year for the first month since August 2009
  • Condo median prices were up 4% in July
  • Inventory has increased for the 5th straight month of increases and the first double-digit increase since Nov. 2006

While the July-to-July drop and the June-to-July drops have been significant, a couple of astute members decided to look at a two-month comparison because of the “borrowing from Peter to pay Paul” impact of the tax credit.  Here’s what they found when you added June 10 + July 10 and compared them to June 09 + July 09:

Single-family sales
June        July        Total
4,147       4,463       8,610

June        July        Total
5,179       3,212       8,391

% change -2.5%

The National Association of REALTORS(R) also released the national housing numbers today.  You can read the NAR release here.

Worried About Unauthorized Access on Your Facebook Account?

If you have been using Facebook lately, you may have noticed that there has been a significant increase in the number of spammers and hackers that have gained access to your friends’ profiles.  These hack attempts range from just trying to get you to take an “IQ Test”,  all the way to aggressively trying to get you to wire money abroad.

This increase in nefarious behavior was inevitable considering the site’s exponential growth. Fortunately, Facebook has been adding many new features to help battle this. The newest being the “Account Security” settings option. This setting alerts you when your account is being accessed for the first time on a new device (work computer, home computer, smart phone, or other device).

To enable this feature, you need to go to your account menu (see below) and select “account settings”.

Once there, you need to select “Account Security” and answer “yes” to the question “Would you like to receive notifications for logins from new devices?”

After enabling this setting, you will be asked to name your connections the next time you log in.  You only need to do this the once  for each device.

The security benefit here is now Facebook will notify you when your account is accessed from a computer or mobile device that you haven’t used before, keeping your account as safe as possible.  You will now be the first to know (instead of last to know) if your account or password has been compromised!