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Massachusetts Home Prices Up for Second Straight Month in January

WALTHAM, MA - February 23, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that median prices of single-family homes were up 14.1 percent compared to January 2009 while condominiums experienced 26.5 percent increase compared to the same time last year. The jump in median condo prices in January is the largest annual increase since MAR has been tracking median prices. Home sales were up 9.1 percent compared to the same time last year while condominium sales were up 35 percent.

Massachusetts Association of REALTORS Introduces Monthly REALTOR Market Index to Provide ‘On the Street’...

WALTHAM, MA - February 16, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) today announced that members reported solid improvement in market conditions over January 2009 according to results of its new Massachusetts REALTOR® Market Index (RMI). The monthly Massachusetts RMI quantifies the opinions of members who are working with buyers and sellers each day in the Massachusetts real estate market.

Pending Home Sales Up for Sixth Straight Month in December

WALTHAM, MA - January 5, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the number of single-family homes put under agreement in December was up 5 percent over the same time last year, while condominiums were up 26 percent. December marks the sixth straight month that the number of homes put under agreement had increased over the year before

Massachusetts Home Sales up a Record 63 Percent in November as Buyers Took Advantage...

Homes put under agreement in November up for the sixth straight month. WALTHAM, MA - December 22, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were up a record 63.1 percent compared to November 2008, as buyers expected the first-time homebuyer tax credit to expire at the end of the month (instead it was extended to April 2010). Condominium sales also hit record levels going up 76.2 percent compared to the year before. Median prices were up 0.7 percent compared to last year, while condominium median prices were essentially flat going down only 0.4 percent. November pending sales (homes put under agreement) were up 15 percent from the same time last year. Pending sales have now gone up for six straight months

Massachusetts Home Sales up Over 17 Percent in October as Buyers Took Advantage of...

WALTHAM, MA - November 25, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were up over 17 percent compared to October 2008 as buyers made sure to take advantage of the first-time homebuyer tax credit before it was set to expire. Condominium sales also were up 17 percent. Median prices were down 2.6 percent compared to last year, while condominium median prices were down 4.0 percent. October pending sales (homes put under agreement) were up 27 percent from the same time last year. This is the fifth straight month of increases.

Massachusetts Home Sales up Over 17 Percent in October as Buyers Took Advantage of...

WALTHAM, MA - November 24, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were up over 17 percent compared to October 2008 as buyers made sure to take advantage of the first-time homebuyer before it was set to expire. Condominium sales also were up 17 percent. Median prices were down 2.6 percent compared to last year, while condominium median prices were down 4.0 percent. October pending sales (homes put under agreement) were up 27 percent from the same time last year. This is the fifth straight month of increases.

Massachusetts Home Sales Up for Third Consecutive Month

WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.

Homes Put Under Agreement in August up for the Third Straight Month

August home sales at 2008 levels. WALTHAM, MA - September 29, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the number of pending sales (homes put under agreement in August) was up 6.0 percent from the same time last year – the third straight month of year-over-year gains. Sales of single-family homes were virtually the same compared to August of last year (up 0.4 percent), while condominium sales were down 3.5 percent. Median prices continue to be at their highest point in 2009.

July Massachusetts Home Sales Up For First Time in 2009

WALTHAM, MA - August 25, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that sales of single-family homes were up 12.7 percent compared to the same time last year. It was the first time since December 2008 that home sales have gone up year-over-year. Condominium sales were also up for the first time since August 2007. While median prices for single-family homes and condos were down, they were still at their highest point since August 2008. The number of pending sales (homes put under agreement in July) was up 4.0 percent from the same time last year – the second straight month of year-over-year gains

Median Home Prices Back Over $300,000 As Number of Homes Put Under Agreement are...

WALTHAM, MA - July 28, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that median home prices for single-family homes are back above $300,000 for the first time since August 2008. On a year-over-year basis, median prices were down 8.6 percent for single-family homes and down 6.6 percent for condos. Despite those decreases, single-family home sales were down only 1.9 percent compared to June 2008 while condo sales were down 13.4 percent. The number of pending sales (homes put under agreement in June) was up over five percent from the same time last

G. Patrick, LT. Gov, Murray, MassHousing and MAR Announce New Program for Using $8K...

July 15, 2009 - (RealEstateRama) — At a press conference yesterday at the State House, MAR President Gary Rogers joined Governor Patrick, Lt. Governor Murray and MassHousing Chairman Dirrane announce Masshousing’s new loan program that allows first-time home buyers to “monetize” the $8,000 Federal homebuyer tax credit for downpayments and closing costs.

April Median Prices Showed Slight Signs of Improvement as Massachusetts Home Sales Down

WALTHAM, Mass. - May 25, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that median home prices for single-family homes and condominiums showed slight signs of improvement in April. While median prices were down 12.5 percent for single-family homes and 14.2 percent for condos, it is the smallest annual price decrease since October 2008 and November 2008 respectively. On a month-to-month basis single-family median prices were up 7.8 percent from March, the largest month-to-month increase since MAR has been tracking monthly median prices. Single-family home sales were down 13 percent in April compared to the same time last year, while condominium sales were down 28.8 percent.

“On a year-over-year basis, median prices are still feeling the weight of the market correction that has been taking place over the past 20 months,” said MAR President Gary Rogers, a broker at RE/MAX First Realty in Waltham. “However, it is encouraging to see month-to-month median prices going up, as it is reflective of the increased activity REALTORS® are seeing today as buyers are looking to get back into the market.”

Massachusetts REALTORS Proclaim Congressman Barney Frank its First ‘Distinguished Champion of Housing Opportunities’

WALTHAM, MA - April 01, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) announced today that it has named Congressman Barney Frank, Chairman of the House Financial Services Committee, its first “Distinguished Champion of Housing Opportunities.” Chairman Frank received the proclamation from the Association for his tireless work and support for legislation and regulations to ensure a robust and sustainable housing market. MAR made the presentation to the Chairman at the New Bedford Area Chamber of Commerce’s Annual Congressional Luncheon on Friday, March 27, 2009 in Acushnet, Mass

Massachusetts Home Sales Down Again in February

WALTHAM, MA, - March 26, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were down 11.4 percent in February compared to the same time last year, while condominium sales were down 16.4 percent. The median price for a single-family home was $252,500 and the median price for a condominium in February was $213,250.

Tiger Home Inspection Promoting the Use of REALTORS in Radio Public Service Campaign

PSAs to run on Boston-area radio stations 105.7 WROR-FM and 102.5 WKLB-FM over 40 weeks in 2009

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AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today