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Real Estate Market Bulletin http://www.realestatemarketbulletin.com The latest news about the Massachusetts Housing Market Thu, 25 Oct 2012 23:18:55 +0000 http://backend.userland.com/rss092 en QE3 is Supposed to Help Housing, But Will it Cut Consumption? Low interest rates are good for housing, right? The Federal Reserve moving billions of questionable mortgages off banks books, too, correct?  After all, isn't it the uncertainty with the quality of mortgages acquired through CBOs and ongoing foreclosures that are keeping banks from risking more lending, and thus keeping housing sales ... http://www.realestatemarketbulletin.com/?p=282 On November 3, 2010 the Federal Reserve will announce another Quantitative Easing Program I frequent a very informational website called www.mortgagenewsdaily.com and listen to one of the smartest guys in the industry in my opion "Adam Q". I took my job with this blog to simplify what he writes in a way that is easy to follow and easy on the eyes.  ... http://www.realestatemarketbulletin.com/?p=275 How far to the bottom? A number of conflicting reports suggest that while the housing market recovery has yet to start, we are closer to the end of the carnage than the beginning. Recent stats: The Massachusetts Housing Partnership reported that a potential 65,000 or more homes could add to the state's inventory of unsold homes due ... http://www.realestatemarketbulletin.com/?p=271 Mortgage Rates Still Low, But Ready to Move Up? As of the writing of the post, mortgage rates are as low as 4.625% for 30 year convential mortgages (where the buyer has excellent credit of course).  A few years ago, these rates would have stoked the real estate bubble further and invited criticism of easy money, but the fact that ... http://www.realestatemarketbulletin.com/?p=269 Massachusetts Home Sales Rise Again According to the Warren Group, which compiles statistics on the housing market, Massachusetts home sales rose for the second straight month.  August sales rose 2% year over year, following an 11% YOY increase in July. Still, there's quite a ways to go - the median sale price for homes in te ... http://www.realestatemarketbulletin.com/?p=266 Commercial Real Estate: On The Verge of Explosion? Carolyn Maloney, joint economic committee chairwoman of congress was quoted as she exited a committee hearing last week that commercial real estate is a “ticking time bomb”.Following that comment, multiple news sources including the AP, the Washington Post, Reuters, CNBC, and Bloomberg starting reporting bad news in the commercial real ... http://www.realestatemarketbulletin.com/?p=261 Manhattan Apartment Prices Fall 19 Percent In time of economic hardship, Manhattan rarely reflects any sort of economic suffering. However with the most recent data released all that has changed. During the second quarter of the year, the average price for an apartment had fallen between 13 and 19 percent from a year ago. Dottie ... http://www.realestatemarketbulletin.com/?p=252 New-Home Sales May Measure the Recession Since World War II the United States has never seen such a down market for the sales of new homes as we’ve seen in the past two years. This fact can be attributed to several things and can/has raised more questions about when to expect the current recession to end. Will ... http://www.realestatemarketbulletin.com/?p=241 Celebrities Have Real Estate Issues Too Just like the average American, celebrities are having financial issues often springing from their real estate or leading to the sale or foreclosure of their real estate. It shouldn’t really come as a surprise to anyone given the size and cost of celebrities’ homes these days. On top ... http://www.realestatemarketbulletin.com/?p=229 $150,000 in Real Estate Around the World The entire world has felt the pains of the current economic crisis that originated in the United States, however some countries have felt the effects more than other countries.  In this brief article you can see there are certainly some real estate bargains to be had out there. New Zealand: Foxton Price: ... http://www.realestatemarketbulletin.com/?p=223