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Just Released!!! November 2011 Housing Statistics!!!

Sales of single family homes and condos – up 9.2% (from 250 sold in November 2010 to 273 sold in November 2011)

Prices – Median price of single family homes and condos sold down 1.8% (from $326,000 in November 2010 to $320,000 in November 2011)

Inventory – down 2.2% (2,739 on November 30, 2010 and 2,680 on November 30, 2011) 

October Housing Statistics!!!

Sales of single family homes and condos – up 12.5% (from 280 sold in October 2010 to 315 sold in October 2011)

Prices – Median price of single family homes and condos sold down 7.8% (from $320,000 in October 2010 to $295,000 in October 2011)

Inventory – down 3.2% (3,078 on October 31, 2010 and 2,979 on October 31, 2011) 

What is "The South Shore Experience?"

Be sure to follow me on Facebook for a more in-depth glimpse of what life is like living on the South Shore!

http://www.facebook.com/pages/The-South-Shore-Experience/216447101710918 

  

September 2011 Housing Statistics!!!

*Sales of single family homes and condos – up 16.9% (from 308 sold in September 2010 to 360 sold in September 2011)

*Prices – Median price of single family homes and condos sold down 4.8% (from $331,000 in September 2010 to $315,000 in September 2011)

*Inventory – down 5.4% (3,245 on September 30, 2010 and 3,069 on September 30, 2011)  

Things to Consider Before Renting a Home You Can’t Sell?

In this difficult housing market, more and more homeowners are considering renting their house instead of adjusting the price. We strongly believe that residential real estate is a great investment and therefore can understand this thinking. However, if you have no desire to actually become an educated investor in this sector, you may be headed for more trouble than you were looking for. 

The new real estate boom: rentals!!!

Home prices and sales may be flat, but the rental industry is booming. The percentage of renters is on the rise, the number of households is increasing, and more Americans are downsizing, all of which point in a single direction: rents are on the rise. 

FSBO a No Go!

This blog prides itself on the quality of real estate information we deliver each and every day. We try to gather empirical evidence to validate the positions we take. We do not use just an anecdotal story to make a point. We also do not get caught up in the sensationalism of the moment. However, today will be different.

Latest Market Statistics!!! August 2011

  • Sales of single family homes and condos – up 24% (from 336 sold in August 2010 to 416 sold in August 2011)
  • Prices – Median price of single family homes and condos sold down 4.4% (from $332,250 in August 2010 to $317,750 in August 2011)
  • Inventory – almost the same (3,179 on August 31, 2010 and 3,176 on August 31, 2011)

Opportunity knocks

What is "The South Shore Experience?"

Make sure to follow me on Facebook for a more in-depth glimpse of what life is like living on the South Shore!

http://www.facebook.com/pages/The-South-Shore-Experience/216447101710918 

 

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