Sunny top floor sanctuary. Tile kit leads to private 10’ x 24’ 6” deck perfect for relaxing or entertaining. The ceramic tile bath has a jetted tub to soothe your cares away. You’ll keep your cool this summer – this condo has central air conditioning! The front bedroom features double closets. Need extra storage? There’s [...]

Hi there,
It’s time, once again, to update you on what’s happening in the local real estate market. One of the key factors I look at is absorption rates.
Absorption rate is a way to look at the number of properties currently on the market and then using the number of recent sales, allows you see how [...]

It’s time to look again at what’s happening at absorption rates in a few local cities.
Absorption rate is a way to look at the number of properties currently on the market and then using the number of recent sales, allows you see how long it would take for every property currently on the market to [...]

So far I’ve been sharing the absorption rates for single family homes, but what happens when you look at a city on the whole?
Below are the current absorption rates for the cities of Malden, Medford and Somerville. (Absorption rate is a way to look at the number of properties currently on the market and then [...]

Sometimes pure statistics can help you to understand a situation. Right now in Winchester, there are currently 147 single family houses for sale. Last year at this time, there were only 88. Last year in the city of Somerville there were 185 condos on the market, while today there are 324. Obviously the Law of [...]