Category Archives: Real Estate Market News
5 New Lane Under Agreement
5 New Lane is under agreement. Beautifully executed renovation and addition of a 1930’s bungalow design. Located one block from the top of Main Street, an easy walk to the … Continue reading
68 Cliff Road is Under Agreement
68 Cliff Road went under agreement today. Turn of the century home in need of total renovation. House could be reduced in size and used as a guest house, moved to another location on the property, or totally restored and … Continue reading
New Listing with Privacy & Convenience to Town & Cisco
Privacy and convenience to Town and Cisco Beach. Renovated five bedroom home with central air-conditioning on a wooded half acre lot with room for expansion. Click here for listing sheet. Contact listing agents Bernadette Maglione or Wayne Viera at 508.228.1881.
Home Sales Pace Increases in December
Home Sales Pace Increases in December Home sales in December reached the highest pace in nearly a year. The gain coincided with other signs that the troubled U.S. housing market improved at the end of 2011. Sales of previously occupied … Continue reading
Nantucket Property Journal Sept 23, 2011 Issue
Nantucket Property Journal Sept 23rd Issue. Click here to read it cover to cover.
The Long Term Fundamentals for U.S. Residential Real Estate are Sound
Analyst: “The Long Term Fundamentals for U.S. Residential Real Estate are Sound” There are indications the worst of the downturn is close to over, according to GMO, the Boston-based asset manager led by legendary investor Jeremy Grantham. “The long-term fundamentals … Continue reading
Buffett: “Home Ownership Makes Sense for Most People”
Billionaire Warren Buffett said buying a home was the third-best investment he ever made, after the rings he bought for his first wife, Susan Thompson, and, after her death, his second wife, Astrid Menks. “For the $31,500 I paid for … Continue reading
Fannie Mae Housing Survey: Americans More Confident About Home Price Stability
Fannie Mae’s latest national housing survey finds that Americans are more confident about the stability of home prices than they were at the beginning of 2010. 78% of respondents believe housing prices will hold steady or increase over the next … Continue reading
Pending Home Sales Rise in February
Pending sales of previously owned U.S. homes unexpectedly rose in February, according to the National Association of Realtors (NAR), pointing to a modest pick-up in home sales. NAR said that its Pending Home Sales Index, based on contracts signed in … Continue reading
Americans Still Long for Their Own Homes
Although the housing bubble and bust may have shattered notions that home prices have nowhere to go but up, Americans haven’t lost their love for owning a home. In the latest Allstate/National Journal Heartland Monitor poll, homeownership ranked second, just … Continue reading