Thursday, January 26, 2006

Condo Sales Surge

Today, Kimberly Blanton from the Boston Globe reported that single family home sales were down 3 percent last month from sales in December 2004. One positive note in her Boston Globe article was with the Massachhusetts condo market. She wrote "But the state's condo market surged 16.5%, achieving a fourth consecutive record year, with 29,089 sales. The median price in December was $275,000,....."

Ford Realty Inc was mentioned in The Boston Globe story. For the full story click on the link below:

http://www.boston.com/business/globe/articles/2006/01/26/us_home_sales_begin_to_mirror_the_slowdown_in_state

www.fordrealty.net

7 Comments:

Blogger Real Estate Expert said...

Pop goes the Housing Bubble? A Florida subdivision -- the Boca Country Club -- characterizes the area, the problem, and the answer. Read more ....

8:57 PM  
Blogger real estate expert said...

The Housing Bubble has popped in Florida. What does it mean for windwood condo? Either prices plummet and buyers rush in, or sellers take their homes off the market, or it's going to take a lot longer to sell a home. Read more ....

11:34 AM  
Blogger Real Estate Expert said...

Real estate experts watch "absorption rates" closely. It's a time-tested yardstick for selling existing homes in established subdivisions. Does it prove that the Housing Bubble has already popped? Read more ....

9:03 AM  
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1:08 AM  
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2:08 PM  
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5:42 PM  
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6:45 PM  

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