Grab the Marathon RSS feed! Supply for single family homes in MA has dropped from year to year for
23 straight months and fell to a 9 year low last December. This coupled
with 6 straight months of year over year sales increases in homes sold
has many believing that prices will be on the mend and soon. MA has
seen a 5.6% increase in sales price from March of last year, but median
home price is still off 15.6% from its peak in 2005.
The increase from last March may just be the tip of the iceberg as many
potential buyers are feeling left out in the cold with offers of over
asking coming out on the first day for some homes. If the sellers who
were waiting for the market to stabilize decide to list, prices should
remain stable. But if the sellers do not return and inventory is
brought down even further by the spring and summer seasonal increase in
buyers, then prices may very well get close to peaking again.
For more details NEWS!!! Boston.com.
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Boston Movers Blog
Boston Movers! Economics 101, Supply down and Demand up =?
Joseph Coupal - Tuesday, February 16, 2010
1
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Servicing Local Residential/Commercial moving and Interstate/International moving and storage customers in Boston, Quincy, Randolph, Cambridge, Newton, Weymouth, Framingham,
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© 2012 Marathon Moving Co., Inc. All rights reserved. Created and Maintained by WSI Pro Marketing, Inc.
Brockton, Stoughton, Norwood, Wellsley, Dover, Brookline, Somerville, Arlington, Jamaica Plains, West Roxbury, South End. Back Bay, South Boston, Charlestown, North End, Sharon,
Canton, Braintree, Hingham, Cohassett, Dedham, Milton, Walpole, Needham, and surrounding areas.
129 York Avenue Randolph, MA 02368 | 75 Arlington Street Suite 500 Boston, MA 02116
© 2012 Marathon Moving Co., Inc. All rights reserved. Created and Maintained by WSI Pro Marketing, Inc.
