The following audio [11:41] is about the latest Massachusetts real estate market data through September 2015. The data was compiled by both The Warren Group and the Massachusetts Association of Realtors and released October 27, 2015. Rich Rosa, co-founder and co-owner of Buyers Brokers Only, LLC, discussed the Greater Boston Area real estate market on Boston Herald Radio's BizSmart show on October 29, 2015.
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Topics:
Real Estate Market,
Condominium,
Massachusetts Association of Realtors,
The Warren Group
Massachusetts home sales increased in September, the third quarter and through the first nine months of 2015, and the median home price has increased modestly, The Warren Group, publisher of Banker & Tradesman, reported October 27, 2015.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
The Warren Group
In addition to the down payment, homebuyers need to pay closing costs. Closing costs are the collection of fees, expenses, and charges associated with purchasing a home with a mortgage loan.
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Home-buying Tips,
Mortgages 101,
Real Estate Misc.,
Massachusetts Relocation
The median price of a single-family house in Massachusetts increased 3.2 percent in August to $359,000 from $348,000 in August 2014, The Warren Group, publisher of Banker & Tradesman, reported September 29, 2015.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
The Warren Group
The median price of a condominium in Somerville, Massachusetts increased 13.8 percent during the first eight months of 2015 to $557,500 compared to $490,000 during the same time frame last year, according to data compiled by the Massachusetts Association of Realtors.
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Real Estate Market,
Community Information,
Massachusetts Home Prices,
Somerville MA
The median price of a single-family home in Medfield, Massachusetts jumped 42.3 in August 2015 to 754,000 compared with $529,900 in August 2014, according to data compiled by the Massachusetts Association of Realtors.
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Real Estate Market,
Community Information,
Massachusetts Home Prices,
Medfield MA
Quincy, Massachusetts is a coastal city located immediately south of Boston in Norfolk County. If the name sounds familiar, that’s because it is. The city is the birthplace of U.S. Presidents John Quincy Adams and his dad, John Adams, thus it bears the nickname, "The City of Presidents." First settled in 1625, Quincy was once part of neighboring town Braintree. Quincy also borders Milton, Weymouth, Randolph, and Hull.
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Community Information,
Massachusetts Relocation,
Quincy MA
While researching houses for your Massachusetts relocation it is also a good idea to get information on cost of living, moving expenses and school districts. Cost of living varies greatly from state to state and even from one city or town to another. It is in your best interest to find out realistically what cities and towns you can afford to live in. Moving expenses need to be taken into consideration while you are looking for a place to live as well. Even if your company provides you with a relocation package, moving expenses can escalate quickly. Many people assume to only look at school districts, if they have children or are expecting. Living in an area of a desirable school district is beneficial for many reasons, including resale value of your home and possibly more desirable neighborhoods.
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Topics:
Massachusetts Relocation,
Boston Relocation
The following audio is about the latest Massachusetts real estate market data through August 2015 released by the Massachusetts Association of Realtors on September 29, 2015. Rich Rosa, co-founder and co-owner of Buyers Brokers Only, LLC, discussed the Greater Boston Area real estate market on Boston Herald Radio the same day the data was released.
more
Topics:
Real Estate Market,
Condominium,
Massachusetts Association of Realtors,
The Warren Group
T
he median price and closed sales of single-family homes in Randolph, Massachusetts increased in July 2015, according to the Massachusetts Association of Realtors.
The median price of a single-family house in July increased 13.7 percent to $295,000 compared to $259,500 in July 2014. Homebuyers on average paid 98.6 percent of the original list price.
Home sales in July increased 36.4 percent to 45 from 33 sales in July 2014. Pending sales – homes under agreement that have yet to close – increased 38.5 percent to 36 from 26 pending sales in July 2014.
Through July the median price of a single-family home in Randolph increased 7.8 percent to $274,750 compared with $254,950 during the same seven-month period in 2014. Homebuyers paid on average 96.5 percent of the original list price.
Home sales from January through July increased 8.2 percent to 158 from 146 sales during the same time frame in 2014. Pending sales increased to 187 through July, a 22.2 percent increase from 153 sales during the same period last year.
Randolph single-family real estate inventory decreased in July. There were 70 homes on the market in July 2014, but only 47 available homes this past July. The months supply of inventory declined 30 percent to 2.1 months from 3.0 months in July 2014. New listings increased from 26 to 36.
There were five condominiums sold in Randolph in both July 2014 and July 2015. The median price in July was $229,000, a 27.2 percent increase from $180,000 in July 2014. Homebuyers paid on average 102.6 percent of the original list price.
Through July the median condo price increased 64.5 percent to $213,900. Homebuyers paid 99.2 percent of the original list price during the same period. There were 31 condo units sold the first seven months of 2015, two less than the previous year.
Condominium inventory increased to 14 units from 10 units in July 2014. Months supply of inventory increased from 2.4 months in July 2014 to 3.1 months. New listings increased to seven from two in July 2014.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Randolph MA
Through the first seven months of 2015, the median price of a single-family home in Franklin, Massachusetts declined 4.6 percent to $404,500 compared to $424,000 during the same time frame in 2014, according to the Massachusetts Association of Realtors.
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Real Estate Market,
Community Information,
Massachusetts Home Prices,
Franklin MA
The median price of a single-family home in Rockland, Massachusetts increased less than 1 percent through the first seven months of 2015, according to the Massachusetts Association of Realtors.
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Real Estate Market,
Community Information,
Massachusetts Home Prices,
Rockland MA