"There is a strong foundation in place for the housing recovery,' blogs Zur Attias. 'And I am extremely encouraged by these recent numbers.'
Monday, April 29, 2013
Saturday, April 27, 2013
Low inventory continues to hamper home sales across the state, but Concord has enjoyed increase sales and prices.
Concord’s single-family homes increased in March while statewide sales have tumbled, according to the Warren Group, which cites the "shrinking inventory" as a cause for slowed home sales. However, that same dynamic, as local real estate agents have pointed out, appears to be driving up sale prices in towns like Concord. Bucking the trend across the Commonwealth and outpacing the more or less steady sales in Middlesex County, single-family home sales in Concord increased from 14 in March 2012 to 19 in March 2013. So far this year, Concord has seen 37 homes sold – compared to 23 in 2012, according to The Warren Group, which publishes Banker & Tradesman. "Low inventory is plaguing housing markets all over the country, and Massachusetts is no …
Wednesday, March 27, 2013
Concord's increase in home sales over a year ago mirrors Middlesex County's, but bucks the trend across the commonwealth.
While the low housing inventory has created bidding wars and stagnated home sales across Massachusetts, real estate activity in Concord has remained strong, according to a recent report by The Warren Group, publisher of Banker & Tradesman. According to the report, Concord’s year-to-date sales through February have doubled over 2012, while median sale prices have increased as well. The nine single-family homes sold between January and February of last year had a median sale price of $900,000, while the median sale price for the 18 homes sold during the same time frame in 2013 checks in at $960,000, a 6.67 percent increase. Meanwhile, condo sales have seen a slight dip compared to last year’s sales, both in terms of number and price. …
Saturday, March 16, 2013
As more communities shift to a sellers-driven market this spring, buyers, sellers, and renters are considering their position in the housing market.
Sunday, March 10, 2013
With 303 more sales year-over-year in a four month period and $238 million more in sales volume, can there be any doubt that housing prices are on their way up?
Thursday, March 7, 2013
In addition to the resale housing market, new construction is also showing strong signs of recovery, both locally and nationally.
Monday, February 25, 2013
Blogging on Patch, local agent Zur Attias says this trend is 'extremely encouraging for our local markets. Coupled with positive numbers from Wall Street, we are seeing a sellers’ driven market emerging in many communities.'
Saturday, February 16, 2013
In this market, price alone may not be enough to sell your home. In many cases, making minor upgrades or improvements to your home may attract an even larger buyer pool, and contribute to your net gain. Which improvements should you make?
Wednesday, February 6, 2013
Although the number of completed foreclosures dropped, Concord saw more people start the foreclosure process in 2012 compared to 2011.
Along with a 16 percent increase in home sales in 2012, the total number of completed foreclosures in Concord decreased last year, according to statistics gathered by the Warren Group, the Boston-based real estate and banking information publishers for New England. At the end of 2012, Concord had a total of 2 foreclosure deeds, a 50 percent drop from the 5 completed in 2011. Foreclosure deeds represent a completed foreclosure, according to the Warren Group press release. Concord also saw fewer foreclosure auctions in 2012, dropping 46.67 percent from 15 auction 2011 to 8 in 2012. Although the completed foreclosures dropped in 2012, Concord did see an uptick in foreclosure petitions, which represent the first step in the foreclosure …