Archive for February, 2011
Have you considered the FHA 203(k) Rehab-loan?
In case you didn’t see it, Fox 25 in Boston reported on a under-used loan program from FHA called the 203(k) rehabilitation loan. Now, I’m sure there are plenty of you out there who know about it, but despite that, it was used less than 1,000 times out of 37,000+ home sales in 2010. So, for those of you who haven’t heard, now you [...]
Questions about our local Massachusetts housing data
You might have read news reports that the existing home sales data issued by the National Association of REALTORS® (NAR) has been challenged by the real estate data company CoreLogic for “over reporting sales figures”. While the economists and statisticians at NAR are looking into this potential flaw in their reporting, I wanted to explain [...]
What’s being said in the media: January 2011 home sales
Here are the articles and posts that appeared in response to yesterday’s release of our January 2011 sales data. We’ll update this post as more articles come in. Thursday, February 24, 2011 Latest sales, price data point to weak, tentative recovery The Providence Journal Wednesday, February 23, 2011 MetroWest housing sales [...]
Mass. home sales continue to go up in January
Today we released our January 2011 housing data and for the 2nd straight month, single-family home sales were up compared to the year before. However, while sales were up for two straight months, median prices were down for two straight months. Condo sales and median prices were both down in January as well. The number of homes for sale [...]
What’s being said in the media: January REALTOR Market Index
Here are the articles and posts that appeared in response to yesterday’s release of our January 2011 REALTOR(R) Market Index (RMI) and Price Index (RPI). We’ll update this post as more articles come in. Wednesday, February 16, 2011 MAR: Realtors Less Optimistic About Housing Market Banker & Tradesman Tuesday, February 15, [...]
