Saturday, August 22, 2015
Tuesday, June 02, 2015
Monday, April 27, 2015
Be a Part of the 2015 Real Estate Market in Massachusetts: Take a Real Estate Class
Get your Massachusetts Real Estate Salesperson License so that you can be a part of this market. The first step is to take the mandatory 40 Pre-Licensing Class at an Approved School like Annex Real Estate School . The classes are held in two formats, meeting the needs of most students.
The next Intensive Weekend Program starts starts on Saturday, June 6th, 2015. The schedule is Saturday and Sunday, 8 am to 6 pm both days, for two successive weekends, The cost of the Program is $370, including the two textbooks that you will need for the class. You can pay the Early Bird registration fee of $345 up to 2 weeks before the start of the classes. The fee includes the two textbooks that you will need for the class.
For those students who would prefer the traditional easier paced Midweek Program, there are the classes that run on Tuesdays and Thursdays, 4 hours per class meeting, for 5 weeks. There is a Day Group that meets 9 am to 1 pm and an Evening Group that meets 6 pm to 10 pm. The next Midweek Program starts on May 26, right after Memorial day weekend.. The cost of the Midweek Program is also $370 including the two textbooks . Early Bird Registration of $345 is also available for these classes up to two weeks before the start.
At Annex Real Estate School , your classes are taught in the environment of an active real estate business by Massachusetts licensed Real Estate Brokers who are also Approved Real Estate Instructors.
Annex Real Estate School is conveniently located at 49 Beale Street in Quincy, MA near Wollaston stop on the T Red Line. You can get more information and Applications on the school's website http://AnnexRealEstateSchool.com .
Sunday, April 26, 2015
Saturday, April 25, 2015
Sunday, November 16, 2014
Interest in Real Estate Classes Still High
Friday, September 26, 2014
Weekend #2 of the September Real Estate Salesperson Class
Thursday, September 11, 2014
Banker & Tradesman August New Home sales Figures
Friday, August 08, 2014
"MBA: Delinquency And Foreclosure Rates Hit Six-Year Lows In Q2 - From BaNKER & TRASee more at: http://www.bankerandtradesman.com/news160631.html?utm_source=EmailDirect.com&utm_medium=Email&utm_campaign=BTDaily_080714+Campaign#sthash.nev9gtY5.dpuf Banker & Tradesman
MBA: Delinquency And Foreclosure Rates Hit Six-Year Lows In Q2 - See more at: http://www.bankerandtradesman.com/news160631.html?
Banker & Tradesman
Sunday, August 03, 2014
"Court Ruling Makes It Easier For Condo Boards To Sue" - From Banker &Tradesman
Saturday, August 02, 2014
State bond bill includes Quincy coastal projects :From the Patriot Ledger
Friday, August 01, 2014
Friday, May 09, 2014
May 13th Could Be Your Lucky Day in Real Estate
Friday, March 28, 2014
Is The Spring Market About to Blossom?
Why all the attention to the weather? Here in New England, our real estate activity is seasonally effected by the what's happening outside. There is something special about the earth awakening after the weather with the bushes and trees budding, with the flowers gracing the lawn.
Along with the buyers and sellers now more attentive, so has the activity in our real estate school, Annex Real Estate School. We just finished two enthusiastic midweek classes, one days and the other in the evening. An intensive weekend class is about to begin on March 29th. (There are still a few places available in this class as of this writing.) We've also notice an increase in the number a applicants taking the Massachusetts Real Estate Salesperson examination, state wide. For more information, go to AnnexRealEstateSchool.com or MassRealEstateClass.com
Saturday, February 08, 2014
Annex Real Estate School: An Outlook Of The Quincy Real Estate Market
But what about the local real estate market? Local? Are we talking about the real estate market in Quincy, Massachusetts or the Boston's South Shore? Remembering the adage that 'all real estate is local', we'll concentrate in the Greater Quincy market, Quincy and its' surrounding cities and towns.
The outlook for Quincy's spring Real Estate market looks very promising. The fall season closed out on a positive note with prices showing a positive trend and inventory and days on the market not becoming excessive.
Here, at Annex Real Estate School, the 2013 year also was good. We can gauge the public outlook by the real estate students who want to enter the business. The number of students in the Massachusetts Real Estate Salesperson classes held steady and their attitude has been very positive. Annex Real Estate School is conveniently located in the Wollaston section of Quincy, MA. The students came from the communities that you would have expected, Quincy, Milton, Weymouth, Braintree, Hingham, Hyde Park, Jamaica Plain, Mattapan, Dorchester, and Roxbury but also Pembroke, Plymouth, Worcester, Springfield, Pepperell, and Cape Cod! So how do you define local?
Last year, in February, we wrote about the outlook for the real estate market. It may take a while for the temperatures to warm up, but here at Annex Real Estate school, we have a bright outlook.
Tuesday, January 07, 2014
Warm Up With a Career in Real Estate .. Become a Mass Real Estate Salesperson
Annex Real Estate School, conveniently located in the Wollaston section of Quincy, has been training people for the Massachusetts Real Estate Salesperson license exam for over 20 years.
The next series of classes start January 14th, 2014. The classes for 40 hours of state mandated live classroom instruction are 4 hours each on Tuesdays and Thursdays for 5 weeks. Classes are available with sufficient enrollment Days (9 am to 1 pm) and Evenings (6 pm to 10 pm).
If you think you can take an accelerated intensive course, then there is a Weekend Program that goes on two successive weekends, 8 am to 6:30 pm , on both Saturday and Sunday.
Your instructors will be experienced Massachusetts Real Estate Brokers who are also Massachusetts Approved Real Estate Instructors Check out the website AnnexRealEstateSchool.com for more information and Application for the latest classes.
Friday, November 01, 2013
Mass Real Estate Salesperson Pre-Licensing Class - Weekend Program
Weekend Class at Annex Real Estate School.
The Weekend Program gives you the mandatory 40 hours of instructions in two successive weekends. Class hours are from 8 am to 6:30 pm on Saturday and Sunday. This class starts on November 9th so you will be finished long before Thanksgiving. This popular but intensive course is taught by experienced Massachusetts Real Estate Brokers who are also Mass licensed Real Estate Instructors.
The fee for the course is only $370 which includes two professional textbooks.
Enroll by November 4th and get the Early Bird rate of $345.
The last class was full, so please don't be disappointed. Go to
http://
Friday, October 11, 2013
Real Estate Salesperson Class in Massachusetts
The Weekend Classes are 10 hours of instruction on Saturday and Sunday for 2 successive weekends. The next Weekend group will start on Saturday, October 19th.
The Midweek Classes are 4 hours of instruction on Tuesdays and Thursdays for 5 weeks. With sufficient enrollment, the classes are offered Days, 9 am to 1 pm or Evenings, 6 pm to 10 pm. The next Midweek classes will start October 22.
For more information and Applications, visit the website at http://AnnexRealEstateSchool.com
Monday, October 07, 2013
Renter's Insurance for College Students
Wednesday, August 28, 2013
Fall Classes Start at Annex Real Estate School
You can download an Application for these popular classes from the Annex Real Estate School Website.
Annex Real Estate School is conveniently located in the Quincy neighborhood of Wollaston at 49 Beale Street near the Wollaston stop on the Red Line of the T.
CLASS AVAILABILITY DEPENDS UPON REGISTRATION. REGISTRATION IS LIMITED TO ASSURE CLASS QUALITY. .
Friday, August 09, 2013
Thursday, May 09, 2013
It's Not Too Late To Get The Early Bird Pricing for the May Real Estate Classes at Annex Real Estate school
For more information and Applications, check out the web site of Annex Real Estate School
Wednesday, April 17, 2013
A Measure of the Local Real Estate Market in the Greater Boston Area
Obviously there has also been an increase in the number of students who are enrolling in the accredited real estate schools. At Annex Real Estate School, where we like to keep our classes small to maintain the quality of the classes, we see an increasing demand for the pre-licensing courses. We are now running daytime, evening and weekend classes.
As long as the demand continues, we expect to continue to offer the full schedule of classes. It will be interesting to see what happens when the warm summer weather arrives. June's busy social calendar and vacation plans usually slow down the activity.
Tuesday, April 09, 2013
Is Real Estate Brokerage Still A Good Career?
Many real estate brokers and salesperson stayed in there. If business is off 25%, then some one is making the 75%.
With interest rates still phenomenally low and inventory dropping down, it has becomes somewhat of a sellers market. Perhaps that is why we still have a good attendance at our Massachusetts real estate salesperson classes. And that is good.
Saturday, February 23, 2013
Annex Real Estate School School License Class Schedule
Friday, February 15, 2013
Don't Be Left in the Cold. Be Part of the Warming Real Estate Market
Get your Massachusetts Real Estate Salesperson License so that you can be a part of this market. The first step is to take the mandatory 40 Pre-Licensing Class at an Approved School like Annex Real Estate School . The classes are held in two formats, meeting the needs of most students.
The next Intensive Weekend Program starts starts on Saturday, February 23rd. The schedule is Saturday and Sunday, 8 am to 6 pm both days, for two successive weekends, February 23 & 24 and March 2 &3. The cost of the Program is $370 but you can pay the Early Bird registration fee of $345 up to a week before the start of the classes. The fee includes the two textbooks that you will need for the class.
For those students who would prefer the traditional easier paced Midweek Program, there are the classes that run on Tuesdays and Thursdays, 4 hours per class meeting, for 5 weeks. There is a day Group that meets 9 am to 1 pm and an Evening Group that meets 6 pm to 10 pm. The next Midweek Program starts on February 26th. The cost of the Midweek Program is also $370 including the two textbooks . Early Bird Registration of $345 is also available for these classes up to one week before the start.
At Annex Real Estate School , your classes are taught in the environment of an active real estate business by Massachusetts licensed Real Estate Brokers who are also Approved Real Estate Instructors.
Annex Real Estate School is conveniently located at 49 Beale Street in Quincy, MA near Wollaston stop on the T Red Line. You can get more information and Applications on the school's website http://AnnexRealEstateSchool.com .
Wednesday, February 13, 2013
Postman Brings Good News To Annex Real Estate School
An Intensive Weekend Class is scheduled to start on Saturday, February 23rd. This class will run on Saturday and Sunday, February 23 and 24, and then the following weekend, March 2nd and 3rd, 8 am to 6 pm, each day. 40 hours of Massachusetts state mandated classroom instruction in just 2 weekends.
Then, on Tuesday, February 26, the schedule calls for the more easy paced Midweek Program to start. These are 4 hour classes and are held on Tuesdays and Thursdays for 5 weeks. This schedule also provides the 40 hours of Massachusetts state mandated classroom instruction. The Midweek Classes are being offered as a Day Group, 9 am to 1 pm, and an Evening Group, 6 pm to 10 pm.
Every day, there are Applications that come in the mail in addition to the Applications being received as email attachments and even walk - ins.
As of this morning, there were still places available in all of these classes and Applicants are taking advantage of the Early Bird Registration. If the School receives your Application and check or credit card information at least 1 week before the start of your class, your class fee, including 2 text books, is only $345. After that, the regular fee is $370.
As usual, CLASS AVAILABILITY DEPENDS UPON ENROLLMENT and CLASS SIZE IS LIMITED TO ASSURE CLASS QUALITY.
Thursday, February 07, 2013
Real Estate Students Are Predicting A Good Housing Market for 2013
Friday, February 01, 2013
Massachusetts Real Estate Salesperson Classes (Feb/March)
If you Apply at least one week before the start of your class, you can use the 'Early Bird' special of only $345 and save on your enrollment fee. (Regular fee is $370). At Annex Real Estate School your fee includes two professional textbooks that are used in class, will serve to help you prepare for your exam, as well as be a good reference for your real estate career.
CLASS AVAILABILITY DEPENDS UPON ENROLLMENT. CLASS SIZE IS LIMITED TO ASSURE CLASS QUALITY.
Just go to the school website http://AnnexRealEstateSchool.com for more information and to download an Application.
Monday, January 14, 2013
Weekend Real Estate Classes at Annex Real Estate School
You can get more information and an Application at the school website: http://AnnexRealEstateSchool.com
Annex Real Estate School is conveniently located in Quincy, MA near the Wollaston stop on the T Red Line
Annex Real Estate School
Monday, December 31, 2012
Early Bird Special at Annex Real Estate Schol
The school is conveniently located in the Wollaston section of Quincy, MA. It is across the street from the parking lot of the Wollaston T stop on the Red Line.
Friday, August 03, 2012
Coast Guard Birthday Message from Admiral Robert Papp and MasterChief Michael Leavitt
Thursday, May 17, 2012
House passes bill preventing foreclosures
Here is another link, this time to an article in the Boston Herald
Wednesday, May 16, 2012
Wednesday, April 11, 2012
Top Features Home Buyers Are Now Looking For « CBS Boston
'The good news for sellers is buyers sitting on the sidelines during the housing slump have had time to save. That has made their credit scores stronger and that means fewer last minute financing issues."
Tuesday, January 31, 2012
Wednesday, January 25, 2012
Thursday, January 05, 2012
Sunday, October 23, 2011
Wednesday, September 14, 2011
Massachusetts Real Estate Salesperson Pre-licensing Classes
There are still places left in the class so I would recommend registering now rather than later. Please remember that classroom size is limited to assure class quality and class availability depends upon class enrollment. More information and Applications are available on the website of Annex Real Estate School
Wednesday, August 03, 2011
Debt Limit and the Real Estate Market
Thursday, July 21, 2011
FHFA House Price Index Rises 0.4 Percent in May; Second Consecutive Monthly Increase
If you have trouble with the link, the type http://www.fhfa.gov/webfiles/21747/HPI72111.pdf into the top line in your browser.
Friday, July 01, 2011
What You Should Know before Renting a Vacation Property
As the temperature rises, school has ended and parents take a break from work, many families are making summer vacation plans. If you’re thinking about renting a vacation property this season, do your homework first. Sometimes properties are not as they are advertised or could be a scam.
Research and compare rentals online. Beware of ads posted on Craigslist and other online classifieds, as these websites are popular with scam artists. Scammers may use fake photos and names, often stolen from other websites. They entice consumers with attractive offers hoping that they won’t research the transaction further.
Be careful if renting from an individual. It is safer to use a reputable rental company or a real estate agent.
Check out the property owner. Get references from family or friends. Check with the Office of Consumer Affairs and Business Regulation, Attorney General’s Office, and Better Business Bureau to see if there is a history of complaints on file.
Get the address of the vacation rental and use an online map (e.g. Google or Yahoo) to bring up the address. If you can’t find it online, it probably doesn’t exist.
Verify the condition and location of the rental property. Look at photos and take a virtual tour online. If possible, visit the property beforehand. Look for cleanliness and be sure that that everything works as it should (i.e. toilet flushes, lights turn on, no leaks, etc.).
Get everything in writing. Always have a signed agreement, no matter how brief your stay. Make sure all verbal agreements are included in the rental contract including details about deposits, rules on pets, refunds, and what is included in the cost of the rental such as utilities, internet, etc.
Do not pay or put money down until you have carefully read and signed the rental agreement.
Never pay via money wire (e.g. Western Union). This is a sure sign of a scam. If at all possible, pay with a credit card, which provides some consumer protection if there is a dispute.
For more information about vacation rental properties, click on vacation and travel scams and avoid vacation rental horrors.
Barbara Anthony, Undersecretary 10 Park Plaza Suite 5170 Boston, MA 02116
Hotline 617-973-8787 888-283-3757 www.mass.gov/consumer"
There are two items to note. First, this alert recommends working with a real estate rental agent. The other point has to do with children and lead paint. Both potential tenants and landlords should read and understand
Short Term Vacation or Recreational Rental Exemption Form
Thursday, June 02, 2011
Saturday, May 21, 2011
Facts About The Mortgage Interest Deduction (MID)
7 Mortgage Interest Deduction Myths
Think losing the mortgage interest deduction would be no big deal? We bust seven myths to show why the cost is bigger than you think. Read
Wednesday, May 18, 2011
Be on the Lookout for Con Artists Knocking on Your Door
Attention Homeowners!
Be on the Lookout for Con Artists Knocking on Your Door
Individuals looking to steal or con people out of money may work in pairs and pose as utility workers in order to enter a home. While one distracts, the other robs. Senior citizens are particularly vulnerable to these types of scams. An elderly Braintree couple was recently robbed by a North Carolina pair posing as state electrical inspectors in order to gain access to their home.
When people show up in person claiming to represent a state agency or other organization, it is always best to err on the side of caution; don’t let strangers enter your home without first asking for identification; and, when in doubt, call the police. State electrical inspectors will always carry identification, badges, and business cards and usually drive marked vehicles.
In Massachusetts, all electricians must be licensed by the Board of State Examiners of Electricians. The Board examines and licenses candidates and enforces the regulations and general laws relative to electrical installations in Massachusetts. The Board also prosecutes those found to be working without a license, either through the Division of Professional Licensure (DPL) Office of Prosecutions, the Attorney General’s Office, or directly in the courts of the Commonwealth. Many other professions such as plumbers, realtors, and home inspectors are also licensed by DPL and should provide identification prior to entering your home.
Consumers are urged to visit the Division of Professional Licensure’s website at http://license.reg.state.ma.us/loca/locaprof.asp to determine whether a professional they are considering doing business with is licensed and in good standing.
If you have concerns about a licensee that you are considering, the DPL Office of Investigations can be reached at (617) 727-7406.
Friday, April 01, 2011
Do You Have a Blockbuster Gift Card?
http://www.adobe.com/products/acrobat/readstep2.html
Office of Consumer Affairs and Business Regulation
10 Park Plaza, Suite 5170
Boston, MA 02116
www.Mass.Gov/consumer
News & updates at http://consumer.blog.state.ma.us/blog
and follow us at www.twitter.com/Mass_Consumer
Sunday, March 27, 2011
Beating the June 1st Change
NAR Dues Increase
Friday, October 15, 2010
Century21 Annex Realty Agent's Summer Contest Ends in a Tie and a Dinner!
Thursday, October 14, 2010
Rescheduled: Crane Library hosts Vintage Car Show and Songs of the Sixties - Quincy, MA - The Patriot Ledger
Friday, September 24, 2010
Poll of Quincy Real Estate Agents
The view of the multi-family was slightly more optimistic. 53% of those who answered the surveyed felt that sales were still dropping, 33 % and 14% saw a slight improvement in prices. This optimism was also reflected in viewing market activity, 13% seeing an improvement in sales, 27 percent saying that sales levels are relatively stable and 60% still seeing a decline in the market.
What's happening in your town?
Saturday, September 11, 2010
Don't Throw Away The Snow Boots and the Wool Hats
Sunday, August 29, 2010
Wednesday, August 25, 2010
Monday, August 16, 2010
Your Real Estate Listing and Rain on the Lawn
If the lawn on any of your listings looks like mine, it is mostly brown with patches of green. Last nights rain and today's possible thunder showers are to be followed by two dry partly sunny days, a rainy Thursday and sunny Friday.
This mixed bag of weather may awaken the lawn so that by the weekend and your next Open House, it will show new signs of life. This might be an opportunity to get some fresh out door pictures for your listings. And, if the lawn and shrubs respond vigorously, look to see if they neeed a trimming!
Good luck in changing your listing to 'Under Agreement'.
Saturday, August 14, 2010
What Does Your Lawn look Like? Welcome to Green Aches -
Another neighbor's lawn , gets the afternoon sun, that doesn't seem as intense as the sun in the morning. It is also watered automatically and is routinely professionally serviced. That must cost big bucks! And then my third neighbor does his own watering and has a lawn service. That lawn is 50/50, green and brown.
And then there is my lawn. All spring it's very, very green and very, very tall. I have read that the blades of grass don't obsess over their looks! Besides, that lets the roots go deep (?). Right now, it's mostly brown except for a few patches of hardy weeds and dandelions. In September, as the rains return, so will the green color and by the late fall, just as the leaves begin to fall ( ;-D it will have greened out again!
Now read about someone who is obsessed about his lawn: Welcome to Green Aches - The Boston Globe
Sunday, August 01, 2010
Homeowner Oil Heating System Upgrade and Insurance Law - Extended
Wednesday, July 14, 2010
Sales Class Studies Income Approach to Real Estate Appraisal
Thursday, July 01, 2010
Surprising Demographic
We discovered that the mean age for approximately 71% of the students was 24 1/2 years old! With essentially none of the students in the 30 's, the other 29 percent of the students were approximately 44 1/4 years old. So much for the theory that only old retired people are going into real estate now.
Realtor.org provided the following statistic:
- Median age of first-time buyers: 30
- Median age of repeat buyers: 47
Looks as these new salespersons should be able to relate to their potential customers and clients
Surprising Age Demographic of Real Estate Salesperson Class
We discovered that the mean age for approximately 71% of the students was 24 1/2 years old! With essentially none of the students in the 30 's, the other 29 percent of the students were approximately 44 1/4 years old. So much for the theory that only old retired people are going into real estate now.
Realtor.org provided the following statistic:
- Median age of first-time buyers: 30
- Median age of repeat buyers: 47
Thursday, June 24, 2010
Real Estate Class Enrollment Reaches Max!
Observing and talking to the students, I estimate that their average age is in the mid 30's. This is good match to the average age of the first time home buyer in the U.S.
We hope the weather will cooperate and will not max out the air conditioning!
Tuesday, June 22, 2010
Loan modification scams - Boston, MA - AmericanTowns.com
Thursday, June 17, 2010
Looking for work? Unemployed need not apply
Saturday, June 12, 2010
Thursday, May 27, 2010
Wednesday, May 26, 2010
Real Estate Prelicense Class at Annex Real Estate School
Monday, May 03, 2010
Wednesday, April 28, 2010
Cape Wind announcement expected at noon - Local News Updates - MetroDesk - The Boston Globe
Posted using ShareThis
Ted Kennedy was strongly opposed to this project. So, why don't those who supported health care reform to honor Ted also respect his wishes and turn this down?
Thursday, April 22, 2010
Century21 Annex Realty hosts the Quincy Real Estate Caravan at it's newly remodeled office, 49 Beale Street, in the Wollaston section of Quincy
Saturday, April 03, 2010
Weekend Massachusetts Real Estate Salesperson Class
Annex Real Estate School is conveniently located in the Wollaston section of Quincy, near the T stop on the Red Line.
The class will start on Friday evening, April 16th, 5:30 pm to 9:30 pm. The class continues on Saturday and Sunday, April 17th and 18th, 8am to 6pm. The cost is still only $200 which includes 2 text books and all class handouts.
Class availabilty depends upon enrollment. Class size is limited to assure class quality. You can download an Application on the school website. Don't be disappointed, as this class is filling up!
Weekend Massachusetts Real Estate Class
Annex Real Estate School is conveniently located in the Wollaston section of Quincy, near the T stop on the Red Line.
The class will start on Friday evening, April 16th, 5:30 pm to 9:30 pm. The class continues on Saturday and Sunday, April 17th and 18th, 8am to 6pm. The cost is still only $200 which includes 2 text books and all class handouts.
Class availabilty depends upon enrollment. Class size is limited to assure class quality. You can download an Application on the school website. Don't be disappointed, as this class is filling up!
Friday, April 02, 2010
POLITICO Arena: Karen Kerrigan's response to 'Does the March unemployment rate of 9.7% - unchanged from the previous month - help President Obama politically?'
1/3 of the March figure of added jobs are temporary census workers. These jobs are not permanent and they are not in the private sector.
Wednesday, March 24, 2010
Frank pushing for administration's plans on Fannie and Freddie - Political Intelligence - A national political and campaign blog from The Boston Globe - Boston.com
Posted using ShareThis
Saturday, March 20, 2010
Thursday, March 04, 2010
U.S. Economy: Pending Sales of Existing Homes Unexpectedly Drop
The index of purchase agreements, or pending home sales, dropped 7.6 percent after a revised 0.8 percent increase in December, the National Association of Realtors announced in Washington. Other reports today showed factory orders increased and first-time jobless claims declined.
The drop in contract signings adds to evidence the housing market at the center of the worst recession since the 1930s is struggling to rebound after reports last week showed unexpected declines in purchases of new and existing homes. The market may get another blow this month when the Federal Reserve ends planned purchases of mortgage-backed securities.
"When you take away all the support from the housing market, the underlying demand for housing is a lot weaker than we thought," said Mark Vitner, a senior economist at Wells Fargo Securities LLC in Charlotte, North Carolina. "We clearly pushed some demand forward, and there wasn't that much demand to pull forward anyway. The housing recovery is going to be very, very slow."
Builder shares fell after the report, with the Standard & Poor's Supercomposite Homebuilding Index declining 0.7 percent at 11:52 a.m. in New York. The broader S&P 500 climbed 0.1 percent to 1,119.74.
Factory orders rose 1.7 percent in January, boosted by a surge in commercial aircraft bookings, according to Commerce Department data that also showed less demand for computers and machinery.
Jobless Claims
Reports from the Labor Department today showed initial jobless claims fell from a three-month high, while productivity rose in the fourth quarter. Claims dropped 29,000 last week to 469,000.
Productivity, a measure of employee output per hour, rose at a 6.9 percent annual rate in the final three months of last year. Labor costs dropped 5.9 percent, more than anticipated.
Economists forecast a 1 percent gain in January pending home sales after a previously reported 1 percent rise a month earlier, according to the median of 40 projections in a Bloomberg News survey. Estimates ranged from a drop of 4.2 percent to an increase of 4 percent.
In November, the number of signed contracts dropped a record 14 percent. The Realtors group said February figures may be depressed as well following snowstorms in the Northeast and South.
February Sales
"The abnormally severe and prolonged winter weather, which affected large regions of the U.S., hampered shopping activity in February," Lawrence Yun, the group's chief economist, said in a statement. "We will see weak near-term sales followed by a likely surge of existing-home sales in April, May and June."
The Realtors' report showed declines in January pending sales in all four regions, led by a 13 percent slump in the West. Contract signings fell 8.9 percent in the Midwest, 8.7 percent in the Northeast and 2.1 percent in the South.
Pending home sales are considered a leading indicator because they track contract signings. The Realtors' existing- home sales report tallies closings, which typically occur a month or two later. The pending sales data go back to January 2001, and the group began publishing the index in March 2005.
Reports last week showed the housing market may be faltering. Sales of previously owned homes unexpectedly dropped 7.2 percent in January after a record decline a month earlier, according to Realtors group's report Feb. 26. New-home sales slumped to an all-time low, the Commerce Department said Feb. 24.
Credit Extended
President Barack Obama and Congress extended the first-time buyer credit in early November to cover deals signed by April 30 and closed by June 30, and expanded it to include some current homeowners.
Among other concerns for the housing outlook, the Fed said it plans to end a program later this month to purchase mortgage- backed securities, which helped contain borrowing costs.
The rate on a 30-year fixed mortgage dropped to 4.71 percent in early December, the lowest level since Freddie Mac started keeping weekly records in 1972. The rate has hovered around 5 percent since then.
Foreclosures pose another threat. Foreclosure filings rose 15 percent in January compared with a year earlier and exceeded 300,000 for the 11th straight month, RealtyTrac Inc. said Feb. 11.
The housing market will "follow a similar pattern" to recovery as it did in the late 1980s and early 1990s, which both took "several years," Toll Brothers Inc. Chief Executive Officer Robert Toll said in a statement Feb. 24.
The company, the largest U.S. luxury-home builder, said its orders almost doubled in the first quarter compared with a year earlier. It projected it will sell between 2,100 and 2,750 homes in fiscal 2010 at an average price of $540,000 to $560,000 each.
To contact the reporter on this story: Courtney Schlisserman in Washington at cschlisserma@bloomberg.net
===
Sent from Bloomberg for Blackberry. Download it from the Blackberry App World!
Mitch Rudnick
Century21 Annex Realty
617-921-6521
Mitchell.Rudnick@Century21.com
Thursday, January 28, 2010
Tuesday, January 05, 2010
Local pending home sales rose in December - Daily Business Update - The Boston Globe
Posted using ShareThis
This is GOOD NEWS!
Saturday, November 21, 2009
Wednesday, November 11, 2009
A comprehensive solution to combustible markets - The Boston Globe
Saturday, November 07, 2009
89 Forbes Hill Road
Wednesday, November 04, 2009
I Oak Court Video
This area has it's own private charm while being close to Route 3 and 228. Spacious end unit townhouse with plenty of closet space. New carpeting and newly painted. Living room with cathedral ceiling, skylights and fireplace. 1st floor den. Deck off first floor. Master suite has full bath and walk in closet. Second bedroom has walk in closet. Pull down access to attic area. New vanity in 2nd floor full bath. Tennis court and outdoor swimming pool. This is a pet friendly complex.
New Video of Townhouse at 1 Oak Ct, Rockland ,MA
This area has it's own private charm while being close to Route 3 and 228. Spacious end unit townhouse with plenty of closet space. New carpeting and newly painted. Living room with cathedral ceiling, skylights and fireplace. 1st floor den. Deck off first floor. Master suite has full bath and walk in closet. Second bedroom has walk in closet. Pull down access to attic area. New vanity in 2nd floor full bath. Tennis court and outdoor swimming pool. This is a pet friendly complex.
Friday, October 23, 2009
Saturday, October 03, 2009
$8,000 tax credit has home buyers at war - The Boston Globe
Wednesday, September 30, 2009
Extending The First Time Home Buyer Credit - A Good Idea?
Thanks, we'll be posting the result in a few weeks.
Wednesday, September 16, 2009
It's Amazing - The Turnout for the Massachusetts Real Estate Salesperson Classes
At ten minutes before the start of class, three students were in class. Five minutes before the start of class, there were ten students. Then, suddenly, the room filled up. We needed extra chairs and tables. What a surprise! We did not even have enough text books. Fortunately UPS showed up an hour later with the extra books we had ordered and the class went smoothly.
There was a similar story with the evening class. What a surprise! I surveyed the students and found that each felt that there is an opportunity in real estate sales. Most of the students have a reasonable expectation of the local real estate market....not a boom, but never the less, a gradual recovery.
This is very encouraging as we are also seeing a definite improvement in the actvity in our affiliated real estate office, Century21 Annex Realty .
I know that the National Association of Realtors is urging an extension of the first time home buyer credit. This would be good, as there has been a lag in the program getting underway and it being used. One deterent that has been eliminated in many states isthe ability to use the credit at the closing. Signs of good things to come!
Tuesday, September 15, 2009
Real Estate Salesperson Class Starts Today
Between the registration for the morning and evening, we've had to order more text books. We'll have to find out the motiviation of the students. Why have they decided to go for their Massachusetts Real Estate Salesperson license, now? What do you think?
Thursday, September 10, 2009
Real Estate Weekend Class Starts Tomorrow
Saturday, September 05, 2009
Thursday, September 03, 2009
Good Weather, Good Real Estate Activity, Good RE School Enrollment
We're also seeing an upswing in the registration at our school, Annex Real Estate School. There is increased enrollment in the midweek programs that have both morning and evening classes. We're also seeing the popular accelerated Weekend Class fill up. It gives us a positive indication about the sentiment of the local market. Increase class size is an reflection of the attitude that the market is going to recover.
Now, we would like to see increased activity at our marketing sites, the Annex Bookstore over at Amazon as well as the general Annex Real Estate Source.
Wishing you all an enjoyable Labor day Weekend
Thursday, August 27, 2009
Backups Made Easy with clickfree Transformer
For some time I had been thinking of how I was going to use the Seagate FreeAgent 1 TB USB 2.0 Desktop External Hard Drive ST310005FDA1E1-RK I had picked this up at a very good sale and it was still in the box.
Then I read about a new easy way to back up all of your 'data' files (not system and programs). It's called the clickfree Transformer from Storage Appliance Corporation . You first connect the clickfree to a USB port on your computer. You then connect the included USB cable between the clickfree and an external drive. The clickfree acts like a smart bridge between the computer and the external drive. The built in software in the clickfree, searches your computer for virtually all of the data types and then simply copies them over to the external drive.
The first time I used the clickfree Transformer, it took approx 2 hours to copy all of my document files, pictures, movies, sound files, email backup. I did this at night, just before going to bed and I didn't wait up.
Now, the incremental backups take just about a minute or two!
As with many of my electonic purchases, I bought my Clickfree Transformer over at Amazon. As you can see, the price is very right!
Although I've never used a Mac, the Quickstart Guide does include directions for use with Mac OSX Leopard 10.5 or later .
Monday, August 24, 2009
The Big Red Fez - Internet Markting Ideas
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I didn't realize what a prolific author on the subject of Marketing, that Seth Godin had become, until I saw over 160 references when you search on his name at Amazon.com
As Realtors, we usually do not have much spare time, so it's good that The Big Red Fez: How To Make Any Web Site Better
In too many cases, the web site has made it difficult, if not impossible to close the deal. I've never heard any marketer say this before, but Seth Godin says this and it is so true..
"...once someone is online, she's only a click away from your competition."
WOW. That's something too many forget when the build their web site.
No matter what your business, this is so true.
The Big Red Fez: How To Make Any Web Site Better
Seth Godin points out in the introduction, "There are two versions of what happens online. There's the engineer's version, which is that smart people, with plenty of time, who know precisely what they want from their online surfing, are able to make a considered decision with access to all the data........"
"Then, there's the marketer's version. This says that people are busy, ill informed, impatient, not very thoughtful, and eager to click on something right now. Marketers also believe that if you don't give a prospect the right thing to click on right now, he's going to click on the "Back" button and leave."
"The second version is the one that's backed up with all the data and all the successful results. Because it's the right version. The first version is what leads most web-based companies to failure"
Make your web site, web user friendly. Get and read your own copy of The Big Red Fez: How To Make Any Web Site Better
Friday, August 21, 2009
Good News From National Association Of Realtors On The Pace of U.S. Existing Home Sales
I know that we are seeing more activity in our real estate school with more new persons wanting to get into the business, as well as at our real estate business with more buyers and sellers.
You can read more of the Reator article at their news release site .
Thursday, August 13, 2009
The Fall Real Estate School Season Is Just A Few Weeks Away
Annex Real Estate School is conveniently located in the Wollaston section of Quincy, near the T stop on the Red Line. The pre-licensing classes are taught by Massachusetts Real Estate Brokers who are also licensed Real Estate Instructors.
The September schedule will start off on Friday evening, September 11th, with an Accelerated Weekend Real Estate Salesperson Class. Then on the following Tuesday, September 15th will be the start of the traditional, easier paced, Midweek Classes, with Day and Evening offerings. These Massachusetts Real Estate Salesperson Classes are still only $200 including two (2) professional texbooks. Annex Real Estate School uses the latest edition textbooks (not just someone's 'class handbook') to teach to the General Section and for the Massachusetts Specific Section of the state exam.
You can see the entire September and October Schedule just by clicking HERE
If you would like to learn more abut the Real Estate licensing process, start by reading THIS
When you're ready to sign up for a class,then go to the page of Annex Real Estate School where you will be able to pre-register for a class as well as download an Application.
Don't put this off, as the state legislature is favorably considering two bills that will significantly increase the number of classroom hours need prior to taking the state licensing exam.
See you in School.
You might also check out our affiliated shopping site Annex Real Estate Source You'll find books on real estate of interest to all as well as a few special gift and personal shopping opportunities.