Massachusetts Home Buyer Guide - For MA Home Buyers, By An Exclusive Buyer Agent

A total of 1,884 Massachusetts single-family home sales were of bank-owned properties, representing 4.5 percent of all single-family homes sold in 2009, The Warren Group reported January 26, 2010. Bank-owned properties accounted for 5.2 percent of all single-family home sales in Massachusetts in ...

The number of foreclosures initiated in Massachusetts increased 28.1 percent in 2009 to 27,928 from 21,804 in 2008 but 2009's numbers reflected a 5.5 percent decline compared to 2007, The Warren Group, publisher of Banker & Tradesman, reported January 21, 2010.Meanwhile, the number of completed f...

The number of single-family homes put under agreement in October was up 27 percent compared to October 2008 (3,662 homes in 2008 to 4,652 homes in 2009), the Massachusetts Association of REALTORS® reported November 24, 2009.  On a month-to-month basis, single-family homes put under agreement were...

The inventory of residential properties on the market as of October 31, 2009 decreased 15 percent compared to October 31, 2008 (from 45,118 listings in 2008 to 38,311 listings in 2009), and the October single-family supply is at its lowest since October 2002, the Massachusetts Association of REAL...

The U.S. Treasury is set to announce a plan to expand mortgage relief efforts to include short sales by providing a closing cost incentive to homeowners and lenders, the Realty Times reported October 22, 2009. Now that sounds like a complete waste of taxpayer money. A short sale occurs when the b...

The $8,000 first-time home buyer tax credit has generated a lot of discussion in the main stream media, as well as on various blogs and in YouTube videos. Those opposed to the first-time home buyer tax credit argue that it is a federal government hand out that the nation cannot afford. In additio...

The number of foreclosure deeds recorded in Massachusetts declined by double-digit percentages in May 2009 compared to May 2008 and April 2009, The Warren Group, a publisher of real estate data, reported June 18, 2009; however, the number of foreclosure proceedings started by banks and other typ...

The median price of a single-family home in Massachusetts declined 11.8 percent in May 2009 compared to the same period last year, and single-family sales dropped 15.3 percent, The Massachusetts Association of REALTORS reported June 23, 2009. I must admit, I expected the sales numbers to be much...

A Springfield, MA Land Court judge's recent ruling has resulted in many sales of bank-owned properties being halted.The judge ruled that due to improper paperwork two banks improperly foreclosed on two Springfield-area homes; therefore, the title to these properties is "clouded" or defective. The...

Tewksbury, Massachusetts recorded a gain in the number of sales of single-family homes last quarter, as compared to Q1 2008 and Q1 2007.  During the first quarter of 2009, 30 homes sold.  This represents an increase of 7.14 percent from the 28 sales of Q1 2008, and is 15.38 percent more than the ...