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Thanks for visiting. My goal here is to shed some light on the real estate market for Greater Boston home buyers and sellers. When possible, I use charts to illustrate trends. But this is not a technical blog; it is written for everyone, simply and clearly. I've also posted a few of my photos for visitors to enjoy. - Ron Cohen
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Tag Archives: Boston Home Prices
Some experts now suggest the bubble is over. Is it finally a good time to buy a home? The perennial question has gained salience in this troubled economy. The answer depends, of course, on one’s view of home prices. Have they bottomed, or will they fall further? Continue reading
Broadly, across the country, home prices improved modestly in the Second Quarter of 2010. This was true against both the previous quarter, and against the same quarter a year ago. So stated the S&P/Case Shiller Home Price Index, in its latest, June report. Continue reading
For July, existing-home sales in the Boston area plunged 39.2% from the previous month, far exceeding the record 27.2% drop reported nationally by the National Association of Realtors. The cause of the disparity was not immediately apparent. For the year, July sales were down 29.0% in the Boston area, but that was consistent with the Northeast region as a whole. Continue reading
The tax credit certainly worked as intended to bolster home sales. Existing and new home sales, inventories and housing starts all showed big improvements in March and April — all the categories, that is, except home prices, which continued their month-to-month decline in most of the country. Continue reading
A newsletter arrived in my in-box, today, with these manic pronouncements: The week ended on the most dramatically impressive new home sales numbers in 47 years. March’s 26.9% increase was the biggest monthly sales gain since 1963, taking us to … Continue reading
Left: Recent Home Price Trends – as Index % Change from Year Ago Right: Historical Home Price Trends – as Index Monthly Levels (Jan. 2000 = 100) The Mortgage Bankers Association released data this week suggesting that the national tide … Continue reading
Home price declines across the country continued to moderate in August, according to the latest release of the S&P/Case-Shiller Home Price Index. This marks seven months of improvments in these statistics, beginning in early 2009. (See Home Prices chart.) “Broadly … Continue reading