The median price of single-family homes and condominiums in Newburyport, Massachusetts increased in 2015, according to data compiled by the Massachusetts Association of Realtors and MLS Property Information Network, Inc. The following are eight real estate market statistics from 2015 Newburyport homebuyers should know.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Newburyport MA
Negative equity in homes across the United States is holding back the housing market and limiting real estate inventory, the Zillow Group reported March 9, 2016, but data show the percentage of homes in the Boston area underwater was only about half the national average.
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Topics:
Real Estate Market,
Mortgage Rates & News,
Boston,
Boston Relocation
Massachusetts foreclosure petitions increased for the 23rd straight month on a year-over-year basis in January 2016 and were at the highest number since January 2013, The Warren Group, publisher of Banker & Tradesman, reported March 1, 2016.
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Topics:
Real Estate Market,
Foreclosure News,
The Warren Group
Single-family home sales in Massachusetts increased more than 25 percent in January compared to January 2015, The Warren Group, publisher of Banker & Trademan, reported February 23, 2016.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
The Warren Group
The number of Massachusetts single-family home sales pending in January 2016 increased 39.7 percent to 3,914 compared to 2,802 pending sales in January 2015, according to data compiled by the Massachusetts Association of Realtors (MAR).
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Topics:
Real Estate Market,
Massachusetts Association of Realtors
Since the start of the foreclosure crisis about 10 years ago, the economy has improved, more people are working and home sales and prices have increased. So why did Massachusetts foreclosure activity jump in 2015?
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Topics:
Real Estate Market,
Foreclosure News,
The Warren Group
Massachusetts first-time homebuyers didn't let increasing home prices and a lack of inventory deter their participation in the real estate market. Massachusetts first-time home buyers made up 41 percent of the total home-buying population in 2015, an increase from 39 percent in 2014, according to the 2015 Massachusetts Profile of Home Buyers & Sellers.
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Topics:
Real Estate Market,
Massachusetts Association of Realtors,
Real Estate Misc.,
National Association of Realtors
The median price of a South Boston condominium increased 12.1 percent to $560,000 in 2015, according to data compiled by the Greater Boston Association of Realtors. Condo inventory remained tight, but new condo listings doubled in December. The following infographic provides homebuyers with more details about the South Boston real estate market.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Boston,
South Boston
Boston's South End neighborhood is a hot real estate market, with rising condominium prices and scarce inventory. The median condo price and number of units sold increased in December 2015, as well as the during the full year. The following infographic provides some additional details for potential homebuyers.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Boston,
South End MA
Last year's epic string of winter storms slowed the start of the traditional Spring home-buying season, but Massachusetts homebuyers made up for lost time once the snow melted.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
The Warren Group
Massachusetts homebuyers will not just be paying more for houses and interest on home loans in 2016. They'll be paying about 4 percent more for property taxes, according to an analysis by The Boston Globe of 328 of the state's 351 communities for which comparable data were available.
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Topics:
Real Estate Market,
Home-buying Tips,
Community Information
Massachusetts homebuyers, especially in the Greater Boston area, have seen real estate inventory decline for several years, and some real estate professionals believe rising mortgage interest rates may exacerbate the situation.
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Topics:
Real Estate Market,
Real Estate Misc.,
Mortgage Rates & News