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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.”

First quarter sales down for single-family and condos while multi-family sales increase over 50%. WALTHAM, MA - April 29, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were down 4.7 percent in March compared to the same time last year, while condominium sales were down 19.8 percent. Median prices were up from February for both single-family homes and condos. However, the year-over-year median price for a single-family home was down 19 percent and condominiums prices were down 14.9 percent compared to March 2008.

WALTHAM, MA - January 27, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that single-family homes sales were up 3.2 percent in December compared to the same time last year. While median prices continue to go down, this is the third month in the last four to experience sales increases.

BOSTON—Abbott Real Estate Development LLC announced the purchase of 36 homesites to build single family residences at The Bay Club, an exclusive, gated golf...