Andover Real Estate News
Real Estate news for Andover, MA continually updated from thousands of sources.
17 hrs ago | via Star Tribune
This Tuesday, May 24, 2016, file photo shows a home for sale in Andover, Mass. The rate for a 30-year fixed-rate mortgage average climbed Thursday to 4.13% According to data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.13 percent with an average 0.5 point. Comment?
Wednesday Nov 23 | via The Honolulu Advertiser
The National Association of Realtors reported more homes were sold in October than in any month since 2007. Above, a home for sale in Andover, Mass. Comment?
Thursday Nov 17 | via Post and Courier
With mortgage rates surging following the election win of Donald Trump, home buyers may feel compelled to snap up loans before rates rocket even higher. But housing experts say consumers shouldn't get carried away by the post-election wave. Comment?
Thursday Nov 17 | via Darien News-Review
In this May 24, 2016 file photo, a "Sold" sign is placed front of a house in Andover, Mass. On Thursday, Nov. 17, 2016, Freddie Mac reports on the week's mortgage rates. Comment?
Thursday Nov 17 | via Canada.com
Long-term U.S. mortgage rates climbed this week, reflecting deep declines in U.S. government bond prices in the days after Donald Trump's election victory. Mortgage giant Freddie Mac says the average for a 30-year fixed-rate mortgage jumped to 3.94 per cent from 3.57 per cent last week. Comment?
Thursday Dec 1 | via Home
Inordinately tight inventories finally caught up with the Massachusetts housing market in October, as sales of single-family homes and condominiums were each down more than 5 percent from the same month a year earlier. The Massachusetts Association of Realtors reported this week that 4,596 single-family homes were sold in the Bay State during October, down 5.6 percent from the 4,870 sold in the same month in 2015. Comment?
Tuesday Nov 29 | via Boston.com
For the second time this year monthly home sales in Massachusetts dipped, while prices continued to climb in a market still dominated by more demand than there are homes for sale. Sales of single-family homes in October fell by 4.4 percent compared to the same month last year, while the median sale price increased by 3.7 percent to $340,000, according to new figures released Tuesday by The Warren Group. Comment?
Nov 7, 2016 | via Boston.com
If Greater Boston's high home prices have you down, you don't have to move all the way to Missouri to find something affordable. The Granite State gained 70,000 new residents from neighboring Massachusetts from 2000 to 2013, according to the New Hampshire Center for Public Policy Studies. Comment?
Nov 4, 2016 | via Sentinel & Enterprise
Petitions to foreclose Massachusetts homes declined on a year-over-year basis in September, a possible sign that a huge backlog of delinquent mortgages is beginning to finally ease. The Warren Group reported this week that lenders in Massachusetts filed 958 petitions to foreclose during September, down 18.7 percent from the 1,179 filed in September 2015. Comment?
Oct 30, 2016 | via Lowell Sun
Home sales were flat in the state last month, a possible early sign that the most recent residential real-estate boom has leveled off. The Massachusetts Association of Realtors reported last week that 5,203 single-family homes were sold in Massachusetts last month, down 14 from the comparable year-ago total of 5,217. Comment?
3 min ago | via Seeking Alpha
Expedia has transitioned HomeAways model from a listing model to a fee model allowing travelers to book rentals directly through HomeAway . HomeAways margins on their Traveler Fee are enormous and the business will be a cash cow for years to come. Comment?
4 min ago | via The Daily News-Record
A federal judge has approved a settlement between "Real Housewives of New Jersey" cast member Teresa Giudice and her creditors. NJ.com reports Giudice will keep 55 percent of any potential winnings from the legal malpractice suit, with the remaining 45 percent going to any remaining creditors. Comment?
4 min ago | via Silicon Alley Insider
One thing is working in this economy that has been stuck for years in a slow-growth mire: the inflation of asset prices. And the Federal Reserve, which has been engineering this miracle so adroitly, just released its latest progress report. Comment?
9 min ago | via Lake Cowichan Gazette
Home buyers moving from Vancouver's overheated housing market have upped the number of million dollar home sales in Victoria. Re/Max Realty's 2016 Spotlight on Luxury report, which reports on trends in the luxury market, reported an unprecedented increase in the sale of homes priced at over $1 million, and the trend appears to be continuing. Comment?
27 min ago | via Athens Banner-Herald
A development proposal that would return part of an intown residential neighborhood to what it was a century ago has captured the imagination of Athens-Clarke County planning commissioners, but neighborhood residents are worried it could bring additional traffic and might force their property taxes upward. Laurie deVegter, an Atlanta-based real estate agent and developer who specializes in smaller houses, is under contract to purchase a lot of less than a half-acre at 1252 West Hancock Avenue near North Billups Street. Comment?
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