Hammond President Saul Cohen Quoted on MA Real Estate Market

Posted by Mark H. Lippolt — August 26, 2010

1282843269A precipitous drop in home sales in July following the expiration of the federal home buyers tax credit has economists and housing specialists worried the real estate market has stalled and will further undermine the economic recovery.

Although housing specialists had anticipated a drop-off in July after the expiration of the $8,000 first-time buyers credit, the decline was much worse than many had expected: 26 percent fewer home sales in Massachusetts than a year earlier, in July 2009, according to data released yesterday, bringing the number of sales to a 20-year low for that month.

For full article click here

Share this post

Search Press Releases

Recent Blog Posts

LPI's John-Paul Valdez quoted in article on Palm Springs ShortFest

Rob Grace, Leaskou Partners — Jun 20

Exclusive Listing - Ultimate Family Compound in Paradsie Valley, Arizona

Thomas Patrick Oleary, Russ Lyon Sotheby's International Realty — Jun 20

Why You Need An Energy Audit When Buying A Home

Goodale Miller Team - Century 21 Miller Real Estate Ltd., Goodale Miller Team - Century 21 Miller Real Estate Ltd. — Jun 20

Uvita. Hermosa. But Which one?

Todd Cutter, 2Costa Rica Real Estate — Jun 19

175 Merriweather

Higbie Maxon Agney, Inc. Realtors, Higbie Maxon Agney, Inc. Realtors — Jun 19

Twitter