Low interest rates and improving job market kept buyer demand high, but shortage of homes for sale resulted in a drop of closed sales in June 2014. Prices continued to move up because demand for available homes to buy outpaced supply.
Blog :: 07-2014
Closed sales were up +5.7% Median prices were up +13.3% Inventory of Homes for Sale were down -23.6% Months Supply of Home for Sale were down -26.3% Days on market until sale were down -24.3% Percentage of original list price received were up +1.5% New Listings were up +0.3%
In case you've missed it, there's been a long simmering debate about how to bring the historic Boston neighborhood of Beacon Hill and its curbs into compliance with the federal Americans with Disabilities Act.
Our handy metro Boston home buying / selling timeline shows the typical milestone for the home buying and selling process in our two step offer environment.
There has been some debate about the origins of modern soccer in America. It has long been held that the modern game entered the States through Ellis Island in the 1860s. However, recent research has shown that soccer entered America through the port of New Orleans, as Irish, English, Scottish, and German immigrants brought the game with them. It was in New Orleans that many of the first games of soccer in America were played.
Apartment rents vary greatly around Boston. This table shows median apartment rents relative to size and location so you know what you can expect to pay.
Here's May 2014's Monthly Indicators report from the Greater Boston Association of Realtors. See the latest Boston real estate market trends.