Warren Residential Group Blog – Boston Real Estate Blog

According to an article in the Boston Business journal, there is great news for the Boston real estate market. Single-family home sales in the Bay State surged 37% in May. Citing a report done by the Warren Group, the year-over-year increase is the fourth month in a row with double digit increases in percentage.
Other statistics [...]

Here’s some good news for people who’ve had to give the deed on their house back to the bank because of financial problems, or who have done a short sale to avoid foreclosure: You may not have to wait the typical four or five years to re-qualify for financing to buy another home.
Instead, it could [...]

Is the Massachusetts housing market officially in recovery? In a recent article by Jenifer B. McKim of the Boston Ledger, she indicates that the numbers seem to say yes.
Median sale prices for single-family homes increased 8.4 percent in February, marking the third consecutive month of higher prices compared with the same three months last year, [...]

Over the past two years, most of what we have heard in the media has understandable been negative in regards to real estate.  However, the Warren Group just put together a chart of single family median home prices from Jan-May comparing 2007 to 2009.  Some of the numbers in the chart below might surprise you [...]

Finally, some good news!  Massachusetts reported that companies in the Bay State added 4,900 new jobs in May, the first increase in a year.  The sectors which saw growth were health, education, professional, scientific, and leisure while construction and manufacturing are still having a hard time.
This is good news for the overall Massachusetts economy and [...]

The first few months of 2009 were tough times in the economy the same way the last quarter of 2008 was.  Nobody knew what was going to happen in the next hour on the stock market, never mind next month!  Confidence was low and most people who were even considering buying a property were on [...]

Now, I can’t speak for every Boston Real Estate agent when I say this, but my promise to all of the clients of the Warren Residential Group is complete honesty about the Boston Real Estate market.  With all of the blaming going back and forth about what caused the downturn and all of the finger [...]