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Annex Real Estate School - New Web Host for Our Massachusetts Real Estate Classes

If any of you are using Comcast as your Internet Service Provider, and have a web page hosted there, then you've read or heard about the changes that are going on. While the file storage size is being increased, the format and templates available to subscribers has changed. From reading the Help forums, it is obvious that many websites being hosted by Comcast are unreachable by the subscribers to update or edit them.

Fortunately, Annex Real Estate School started this summer with plans to move the website to another host. So at this time, all of our pages are up online at
AnnexRealEstateSchool.com . If you find yourself still linking to the site at Comcast, just type http://AnnexRealEstateSchool.com directly into the address bar at the top of your browser, and you should be there!

And, as we wish you a Happy Thanksgiving, we want to remind you that there will be two intensive Weekend Courses before the end of of the year.

The first offering is a Weekend Massachusetts Real Estate Salepersons Course. The class will start on Friday evening, November 30th, from 5:30 pm to 9:30 pm. The class then continues on Saturday and Sunday, December 1st and 2nd, 8:00 am to 6:00 pm both days (24 hours of state mandated class instruction).

The cost of this Salesperson pre-licensing class is still only $200 and includes two professional texbooks. You can read more about the licensing process at the Career Info page of the website. Download an Application there, or just click on
Dec Weekend Sales Class .

For Massachusett licensed Real Estate Salespersons who want to advance their career by becoming a licensed Real Estate broker, there will be an intensive Weekend Brokers Class. Because there are state mandated 30 hours of pre-licensing classroom insturction for the Brokers exam, this class will start on Friday, December 14th, 9:00 am to 7:00 pm. The class will continue on Saturday and Sunday, December 15th and 16th, also 9:00 am to 7:00 pm, both days. The cost of this Brokers pre-licensing class is still only $250, and includes three professional texbooks.

See the "About" (Career Info) page on the website, and read about the licensing process to become a Massachusetts licensed Real Estate Brokers. Download an Application from the site or click here for
Dec Weekend Brokers Class .

If you have any questions about either class, please call our direct line 617-773-ALSO (2576) extension 18. When you leave a message, please speak your return phone number slowly and tell us what are conveient times to reach you.

You can also email Annex Real Estate School directly. Be sure to include wether you are writing about the Saleperson or Brokers class.


Annex Real Estate School is conveniently located at 49 Beale Street in the Wollaston section of Quincy near the Wollaston T stop on the Red Line.

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Annex Real Estate School

49 Beale Street

Quincy, MA 02170

Mass. Real Estate Brokers and Salesperson - Weekend Classes in December

Annex Real Estate School announces two Accelerated Classes for December.

An intensive Weekend Massachusetts Real Estate Salesperson Class starts Friday evening, November 30th, 5:30 to 9:30 pm. The class then continues Saturday and Sunday, December 1 and 2, from 8:00 am to 6:00 pm, both days. Students must attend all 24 hours of class to qualify for the Massachusetts state Real Estate Salesperson Examination.

The cost of the Saleperson course is only $200, including two textbooks.

Class availability depends upon registration. Class size will be limited to insure class quality.

An intensive Weekend Massachusetts Real Estate Brokers Class starts Friday, December 14, 9:00 am to 7:00 pm. The class then continues Satuday and Sunday, December 15th and 16th, 9:00 am to 7:00 pm, both days. Students must attend all 30 hours of class to qualify for the Massachusetts state Real Estate Brokers Examination. This class is intended for Massachusetts licensed Real Estate Salespersons who wish to advance their career to the next level.

The cost of the Brokers course is only $250, including three textbooks.

Class availability depends upon registration. Class size will be limited to insure class quality.

For more information or to requst an Application call 617-773-2576 ext 18, or email

December Weekend Sales Class You can Download a December Salesperson Class Application

or

December Weekend Brokers Class You can Download a December Brokers Class Application

Annex Real Estate School is conveniently located in Quincy, MA near the Wollaston T stop on the Red Line.


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Annex Real Estate School
49 Beale Street
Quincy, MA 02170

Massachusetts Real Estate Classes for Red Sox Fans

If you are ready to become the Real Estate Rookie of the Year for 2008, you have to start by getting your Real Estate Salesperson's License. Annex Real Estate School, conveniently located in the Wollaston Section of Quincy, Massachusetts, has been preparing students for the Massachusetts Real Estate Salesperson state exam since 1991. The school is situated at 49 Beale Street, right near the Wollaton T stop on the Red Line.


The pre-licensing examination consists of two sections. The first Section, of 80 questions, tests the Candidate's General knowledge of real estate on subjects such as Types of Ownership, Real Estate Brokerage, Real Estate Economics and Affordability, Real Estate Financing, Real Estate Appraisal, and Real Estate Math. The second Section, of 30 questions, test the Candidate for their specific Knowledge of Real Estate, as conducted in Massachusetts. In this part of the exam, the Candidiate will show that they have learned about Massachusetts Licensing Requirements, Agency, Rental, Environmental Issues and other important subjects. It is necessary to achieve a score of 70% on both parts of the examination to pass and become licensed.

That is why getting the best available pre-licensing education is important. Part of the challange is that the Massachusetts pre-licensing course is only 24 hours in duration. Therefore, it the potential candidiate needs to find a Massachusetts Real Estate School that will optimize their learning experience. At Annex Real Estate School, we take pride in the preparation that our students get for their examination.

All of the pre-licensing classes at Annex Real Estate School are taught by experienced Massachusetts Real Estate Brokers who are also licensed by the state as Real Estate Instructors. The instructors bring their practical knowledge of the real estate business to their class presentations.

In addition to the environment of a successful real estate office, the students benefit from the two texts that are used in the Salepersons Class. Instead of relying on a script, Annex Real Estate School uses "Modern Real Estate Practice" and "Massachusetts Real Estate: Practice and Law", both published by Dearborn Publishing, " the nation's premier provider of real estate education and training materials. " The cost of these texts is included in the tuition for the course. Not only do the assist in the preparation for the exam, but will serve as an excellent reference after you have your license.

Other class handouts are also used, as well as a copy of the important Massachusetts "Real Estate License law and Regulations" which is produced by the "Massachusetts Board of Registration of Real Estate Brokers and Salespersons". This Booklet is very important for studing the for the Massachusetts Section of the examination.

So , what does this cost and where and how do you get started? The cost of the Massachusetts pre-licensing course is still only $200, which includes both texts. You can visit the WEBSITE, send an email to Information or call 617-773-ALSO (617-773- 2576). extension 18. More information about the licensing process can also be found at the About Tab on the website. You can download and print an Application under the Highlights on the Web Site





Map of
49 Beale Street, 02170



OK! If you're not a Red Sox Fan, you can still get into the class :)

Boston Red Sox American League East Champions

What does this incredible news mean for Real Estate? :) More to follow!

Added October 1st: Have you seen the back cover of the October issue of the Reader's Digest. Just makes me want to smile some more.

Along with the rally at Boston's City Hall Plaza, I was just reading online at Yahoo Financial News about today's rally on the New York stock exchange. The Dow has set a new high amidst rumors of another interest rate cut. Now, the mortgage rates have not gone down after September's 1/2 percent cut. In fact, the rates have been higher on some days. So why the good feeling?

Well, lower rates from the Fed will mean lower adustable rate mortgages, lower home equity loans, lower credit card bills, to name a few significant items. I don't see why this won't have a positive effect on consumer attitude which will lead to more activity in the real estate market.

Massachusetts Real Estate Brokers Class

Annex Real Estate School announces a Massachusetts Real Estate Brokers Class that will begin on October 1st. This class is intended for Massachusetts Real Estate Salespersons who have been working for a Massachusetts Real Estate Broker for at least one year and now wish to advance their own career. The class will be held at our convenient location of 49 Beale Street, in Quincy, near the Wollaston T stop on Red Line.

To learn more about the licensing process, go to the ABOUT page on the website.

Class hours are 6:30 to 9:30 pm on Monday and Wednesday evenings. The cost of the course is still only $250 which includes 3 textbooks and class material.

Call now 617-472-4330 ext 333 or EMAIL.

Class availability depends upon registration. Class size will be limited to insure class quality.

Applications are available under Highlights on the Home page, see Course#10BR.

WEEKEND Mass Real Estate Classes

There are still a few seats available in the Weekend Class that starts this evening, September 7th.!

Visit the ANNEX REAL ESTATE SCHOOL WEBSITE and look under the Highlights on the left side of the page.

Boston Red Sox, Boston Real Estate Market, Massachusetts Real Estate Classes

As a Boston Red Sox fan, I got used to the expression "Wait until next year!". Because it seemed that we were always waiting for the opportunity to see our team come out on top. Now, we're not waiting! Having tasted victory, we can have real dreams about winning, even after last night's game with the Yankees.

Many buyers and sellers have also developed a wait until next week, or next month or next month attitude. Sellers are looking for a rebound in prices. Buyers are looking for a further decline. So who is right? If you need to buy or sell, then the right time is now. Only a crystal ball holds the answer to the prices and interest rates for next week, next month and next year. Some people will try to make an educated guess and some will be right.

So what is the connection between baseball and real estate classes? There is an expression, "If you want to win, you have to play the game". Although the real estate market is more than just a game, you can not make money as a real estate saleperson unless you are licensed. Once licensed, you can work for a real estate broker and help real sellers and buyers meet their goals.

This might be a good time to get a real estate license. There is a good supply of listings, there are a lot of buyers and the interest rate is still affordable for many. So this looks like a there is the chance for a good real estate saleperson to learn the business.

Annex Real Estate School offers you the opportunity to take a real estate class in the environment of a real estate office. All of the teachers are exoerienced Massachusetts Real Estate Brokers who are also licensed by the Massachusetts Board of Registration of Real Estate Brokers and Salespersons as Massachusetts Real Estate Instructors.

Visit the website now. Click on the ABOUT tab to learn more about the licensing process. The September classes are forming now.

Opportunities in Today's Real Estate Market

Boston Red Sox Standings Are Up Again! OK! When the gap in the standings between the Red Sox and Yankees was down to 4 games, practically every Boston sports commentator had something to say. Now we're up 6 games. No matter where they are at the end of the season, true Red Sox fans will not desert the team.

What about the fans of the local real estate market? If you've been involved in real estate for any length of time, you've seen the ups and the downs. Right now, the market has it's problems. The latest surge and fall back has many confused and worried.

Starting with a short supply of residential properties and a pent up demand, the law of Supply and Demand went to work and we saw the prices of home increase dramatically. This was further fueled by the low interest rates which helped to overcome the increasing prices. As word of the higher prices being paid reached the ears of the neighbors, more and more existing houses were added to the market. 'My house is better than my neighbor's, so I should get more.' became the chant

Developers didn't want to be left out, so we also saw more new home construction. Empty lots disappeared and older homes were torn down to make room for a new dwelling. Where zoning permitted, more homes were put up on the lot. And the prices kept going up. Condos and townhouses went up, and unlike earlier times, they were not just priced for the lower end of the market. Experienced real estate brokers felt 'sticker shock' as they previewed new listings. Newer associates enthusiastically listed and sold.

The mortgage lenders didn't want to be left out. New product became available to allow more and more buyers to get into the market. Unfortunately, the news now dramatically shows us that there were loans that shouldn't have been made. The implosion that is now effecting not only the financial market but also the stock market is the fallout of these loans. What's wrong with this picture? Adjustable rate mortgages were made to marginal buyers, when the only way rates were going is up. What is going to happen when zero down buyer finds that he or she can no longer afford the monthly payment?

It's really not surprising to see where this was going. Supply and Demand showed up again. With more and more choices, buyer enthusiasm changed. I believe that appraisers have a word for it: Substitution. Buyers didn't need to grab at the first property they viewed as they now had choices. That telling statistic, Days on the Market has grown higher and higher. And buyers started offering less than the asking price.

So today in today's news we read of lowering prices, houses not selling, increasing foreclosures, lenders closing or declaring bankruptcy.

Is there a bright side? Last night, on WBZ Channel 4, Boston, there is a hint of a promise. Click HERE for a link to their website with a story and film clip. Also, you can read the latest news from the website of the Massachusetts Association of Realtors

An observation: Earlier this month, Annex Real Estate School, located in Quincy, Massachusetts, ran a mid-week class pre-licensing class. This class is a prerequisite to taking the Massachusetts state exam to become a licensed Real Estate Salesperson. This class was a full.The average age of the students, 30-40. The class was very articulate and several students went up a the following week, took and passed the exam. These people obviously feel that there is a future in real estate.

If you've read this far, there are classes scheduled in September, October, and November. Enrollment applications are coming in. Class size will be limited to insure quality and pre-registration is a must. You can click HERE to go to the website to get an application or read more about the licensing process by clicking on the ABOUT link.

Questions? Send them an EMAIL or call the school 617-472-4330 ext 333.

And if you're ready to participate in the market as a Buyer or Seller, Check out Century 21 Annex Realty Please tell them you read about them here!

If you've got a comment to make, please do. Just stay on subject.

Continuing Education Classes for Massachusetts Licensed Real Estate Brokers and Salespersons

Are you a Massachusetts licensed Real Estate Broker or Salesperson looking for Continuing Education classes to keep your license ACTIVE?

Annex Real Estate School offers 12 hours of Continuing Education classes in September.
The classes have been chosen from the newly revised list of Approved Courses. The cost of each 2 hour class is still only $20 per Module. All C.E. modules are taught by licensed Real Estate Brokers or Specialty Experts.

To maintain the quality of these classes, class size is limited and pre-registration is a must.

Call now: 617-472-4330 extension 333 or
email CE08@AnnexRealEstateSchool.com

Visit the school's website Annex Real Estate School.
You can download an Application for the
September Continuing Education Series HERE.

Annex Real Estate School is conveniently located at 49 Beale Street, Quincy, across from the parking lot of the Wollaston T stop on the Red Line.

Massachusetts Real Estate Classes in August at Annex Real Estate School

Massachusetts Real Estate Classes for Real Estate Salesperson License
The following news item is about to be release by PRLEAP News services on Monday, July 23rd:

(PRLEAP.COM) Because many persons do not want to give up their summer weekends, Annex Real Estate School of Quincy, Massachusetts, will have an intensive mid-week marathon class in August.

The classes will be held at the school’s convenient location at 49 Beale Street, Quincy, which is across from the parking lot of the Wollaston stop of the T Red Line.

The class hours are 9:00 am to 5:30 pm on Tuesday, Wednesday, and Thursday, August 7, 8, and 9th (24 hours of instruction).

The cost of the course is still only $200 which includes two professional text books from Dearborn Publishing, the nation’s leading supplier of Real Estate educational material.

All students will also receive thier own copy of the Massachusetts Real Estate Rules and Regulations which is produced by the Massachusetts Board of Registration of Real Estate Brokers and salespersons.

In order to maintain the quality of the class, class size is limited and pre-registration is a must.

If you feel that this intensive course is for you, then call 617-472-4330 extension 333 or email scprl@annexrealestateschool.com

Visit the website http://annexrealestateschool.com/

You can download an application under the ‘Highlights’ on the Home Page and HERE

Applications can also be mailed or emailed. Look at the "ABOUT’ tab on the website if you want more information about the licensing process in Massachusetts.

Annex Real Estate School
49 Beale Street
Quincy, MA 02170

Real Estate ClassesTaught by Real Estate Brokers

You can get a printable copy of the press release here.

Annex Real Estate School Offers Massachusetts Real Estate Classes to Become a Licensed Salesperson over the Summer

Annex Real Estate School, conveniently located in Quincy near the Wollaston T stop on the Red Line, has announced a new series of Massachusetts Real Estate Classes for the Summer Months and September. Following up on the three week class being given in the evening in June, there will be the more traditional four week class during July. This class will start on Monday evening, July 9th. Classes will be held on Monday and Wednesday evenings*, from 6:30 pm to 9:30 pm. This leaves your days and weekends free to enjoy the summer!

Are you looking for a faster, more intensive class? In August, one time only, the entire course will be held on Tuesday, Wednesday, and Thursday, August 7, 8, and 9, from 9 am to 5:30 pm each day.

Then in September, there will be two classes, again, an intensive weekend that starts on Friday evening, September 7th from 5:30 to 9:30 pm. The class then goes on Saturday and Sunday, September 8 and 9, from 8 am to 6 pm, both days.

If you want the more traditional pace? Also in September, a four week course on Tuesdays and Thursdays, starting on September 18th. In addition to the evening class, a morning class is also scheduled from 9 am to noon, on Tuesdays and Thursdays.

We are still able to keep the cost of these Massachusetts Real Estate Salesperson Classes at $200, which includes two texts from Dearborn Publising. For "more than forty years" Dearborn "has been..the leader in providing real estate professionals with the tools to build successful real estate careers." All students also receive their own copy of the "Massachusetts Real Estate License Law and Regulations" produced by the Massachusetts Board of Registration of Real Estate Brokers and Salesmen. This booklet is reviewed in class.

In order to maintain the quality of each class, pre-registration is a must.

To get more information call 617-472-4330 ext 333 for the school or email registrar@AnnexRealEstateSchool.com

To find out more about the process of getting your Massachusetts Real Estate License, visit the ABOUT page on the school's website.

Annex Real Estate School, where 'About' is 'about your real estate career.

Massachusetts Real Estate Classes, Taught By Massachusetts Real Estate
Brokers.

* Note: This a change of nights for July class only from the original posting.

Annex Real Estate School Now Offering 3 Week Real Estate Salesperson Class in June

Using a format that was already successful with a Real Estate Brokers Course, Annex Real Estate School is now offering a special 3 week Real Estate Saleperson class for June. This accelerated course will start on June 12th and will run on Tuesday and Thursday evenings from 6 to 10 pm.

All prelicensing courses at Annex Real Estate School are taught by experienced real estate Brokers, who are also licensed by the state as real estate Instructors. Students at the Annex Real Estate School have the bonus of being taught in the environment of an active real estate office, learning about the practical world of real estate along with the essential material for the licensing exam.

At Annex Real Estate School. we care about your learning experience, so we use the latest professional textbooks to enhance your General and Massachusetts knowledge. Not only do these books serve as excellent tools to prepare for your exam, but good practical knowledge. Each student also receives their own copy of "Massachusetts Real Estate Rules and Regulations" which is produced by the Massachusetts Board of Registration of Real Estate Brokers and Salesmen. This usefull text is reviewed in class as part of the preparation for the Massachusetts specific section of your exam.

Pre-registration is a must for this class, so call now 617-472-4330 ext 333 for information or email AnnexRealEstateSchool@comcast.net

Visit the school's WEBSITE . Find the Application in the Highlights Section.

HANOVER MASSACHUSETTS ***** REAL ESTATE *****: Hanover, Mass., Surveys Residents to Improve Park Properties

HANOVER MASSACHUSETTS

***** REAL ESTATE *****: Hanover, Mass., Surveys Residents to Improve Park Properties

Annex Real Estate School Celebrates Red Sox Win: Real Estate Term Used to Describe Beckett's Injury!

Annex Real Estate School joins the rest of Red Sox Nation in celebrating yesterday's come back win of 6-5 over the Orioles. All of their 6 runs were scored in the bottom half of the ninth inning! This article from the Official Red Sox site, tells it all!

What was of special interest to real estate students at the Annex Real Estate School, is the use of the word"avulsion" to describe Josh Beckett's injury to his right middle finger. Here, Beckett describes what happened as " "My skin just tore," Beckett said."

In class, students learn that this same word is used in real estate terminologly to describe a sudden loss of land, ususally from the rapid flow of water, as by a flooding river or stream!

Yesterday's success of the Red Sox was possible because they saw the opportunity and used it. If real estate is to be the career for you, check out the different courses at Annex Real Estate School and see what opportunities might be there for you.

Are You Looking for a Chance to Study for Your Mass. Real Estate License During Daytime Hours?

Annex Real Estate School is setting up an extra day class to prepare persons to take the Massachusetts exam to become a licensed Real Estate Salesperson. THIS CLASS IS NOW FORMING. The class will be held at the school's convenient location in the Wollaston section of Quincy. This class will meet during the daytime and will be set up to finish by the end of June. The hours and days of the week of this special group will be set to meet the consensus of the class. If you are interested in becoming part of the class, you must call NOW while the class is forming. 617-472-4330 ext 312. In Massachusetts, to become a Real Estate Salesperson, candidates must take 24 hours of instruction at an Approved Real Estate School as a prerequisite to taking the state exam. All of Annex Real Estate School's pre-licensing courses are taught by practicing, experienced Real Estate Brokers who are also licensed by the state as Real Estate Instructors. The BONUS is that you will be in a classroom experience which is in a real estate office environment! You will not only have the real estate knowledge needed to pass the test, but you will also have a very good understanding of the real estate business.

This course costs only $200 which includes books and class material. We use nationally recognized textbooks, "Modern Real Estate Practice" for the General Section of the Exam and "Massachusetts Real Estate: Practice and Law", for the Massachusetts section of the Exam. These books are published by Dearborn Publishing. Students will also receive their own copy of "Massachusetts Rules and Regulations" which is produced by the Massachusetts Board of Registration of Real Estate brokers and Salesmen. This is used in class to study those subjects for the exam. Upon successful completion of the course, students will also receive the State of Massachusetts; Real Estate Candidate Handbook. Call NOW 617-472-4330 ext 312 to arrange for your place in this class.

Or email Annex Real Estate School

First Time Home Buyers: Free Seminar

Are you a first time home buyer? This might just be the right time for you!
The first time home buyer is out there shopping in a buyer's market, with low interest rates, and no house to sell!

It's not too late to register for the free, no obligation, seminar. Click here for a copy of the flyer: "The Art of Home Buying in a Buyers Market", a program that has been designed with you in mind. You will have the opportunity to hear and ask questions of a mortgage officer, an attorney, and a Realtor on the home buying process. This seminar is being held from 6:30 to 8:30 p.m. on Monday, May 16, in the Hancock Room at the Sheraton Braintree Hotel, 37 Forbes Rd., Braintree.

Ruthie Dollarhide, Realtor at Century 21 Annex Realty, Pamela Linskey, Attorney at the Law Offices of Pamela Linskey and Mike King, Vice President at Summitt Mortgage will cover topics of interest to today's Real Estate Buyer:

Defining the Roles of Real Estate Agents and how that impacts the Buyer.

How will purchasing a home affect your overall financial outlook?

The purchase process from offer to closing and important tax benefits of home ownership

An overview of the mortgage process, including credits scores, types of loans and zero downpayment options.

Raffle and prizes


Seating is limited Please RSVP by Monday, May 14 to Lisa Mutchler at 781.374.5032 or lmutchler@summitmortgage.com

Mass Real Estate Classes in May at Annex Real Estate School

Annex Real Estate School, of Quincy, has announced it's May line up up Real Estate Classes . These classes are for those who wish to start a new career in real estate by becoming a Real Estate Salesperson. The classes will be held at their convenient location in the Wollaston section of Quincy. One of the pre-requisites of becoming a Real Estate Salesperson is to take a 24 hour pre-licensing course in an Approved Massachusetts Real Estate School.
There is the traditional 4 week course that starts on Tuesday, May 8th, and is taught on Tuesdays and Thursdays. You can chose either the day class, from 9:00 a.m. to noon, or the evening class which is from 6:30 to 9:30 p.m.
Annex Real Estate School also offers an intensive weekend course is scheduled to start Friday evening, May 18th. The class runs 4 hours on Friday, from 5:30 p.m to 9:30 p.m. and then on Saturday and Sunday May 19 and 20, from 8:00 a.m. to 6:00 p.m. both days.
At Annex Real Estate School our Massachusetts licensed Instructors are Experienced Real Estate Brokers. We use nationally recognized textbooks, "Modern Real Estate Practice" and "Massachusetts Real Estate: Practice and Law", published by Dearborn Publishing. Students will also receive and review "Massachusetts Rules and Regulations" which is produced by the Massachusetts Board of Registration of Real Estate brokers and Salesmen.
The cost of either the 4 week course or the intensive weekend course is only $200, which includes these books.
Upon successful completion of the course, students will also receive the State of Massachusetts; Real Estate Candidate Handbook.

Call 617-472-4330 ext 333 to reserve your place in one of these classes or email AnnexRealEstateSchool@comcast.net
Visit the website of Annex Real Estate School for the latest class postings

Newest Release by Federal Reserve has Promissing Signs for Greater Boston's Real Estate Market

In the April 25th release of the Beige Book , the Federal Reserve report shows promise for the greater Boston's real estate market. Noted in the Summary that: " In contrast, the Boston District reported that the volume of residential sales across New England shows signs of increasing, though prices remained below 2006 levels."

More specifically, the Boston section of the report says:

"Residential Real Estate

Across New England, the volume of residential sales shows signs of increasing. In Massachusetts, sales volume increased year-on-year in both January and February. Single-family home sales reported from Massachusetts multiple listing services increased 1.2 percent in February from a year earlier after a double-digit year-on-year increase in January. Contacts in New Hampshire and Maine also cite signs of improved sales activity. Increased sales volume and lower overall inventory has led to improved supply conditions in regional markets. In Massachusetts, the total number of listings decreased 17 percent from February 2006 to February 2007. At the current pace of sales, there is around 12.3 months of supply in the Massachusetts market, down from over 15 months in February 2006. Market conditions, however, continue to favor buyers across the region, as supply exceeds what contacts feel is balanced in most locations.

Though sales volume is increasing, prices remain below their previous year levels. In Massachusetts, single family home prices were down in February from the previous year's levels by around 4 percent while condominium prices were down 1.8 percent. Contacts in Connecticut, Maine, and New Hampshire also report year-on-year price declines.

Overall, contacts are encouraged by recent changes, suggesting that New England residential markets are returning to what they term more normal conditions. "

You can read the full APRIL 25th REPORT HERE.

Buyer's Market: If It's On the Front Page, Does That Make It Official?

Front page article on today's Patriot Ledger (complete with color photo !) "FOR SOME, A TIME TO BUY". The feature story by Andrew Lightman tells why two couples chose to buy now. One couple wanted out from their apartment. The other buyers are engaged to be married this fall and saw the 'buyer friendly' market as the opportunity to buy now.

Both are taking advantage of the continuing low interest rate and large inventory of homes for sale. Interviews with the publications editor of the Warren group and a local Realtor, reinforced the advantages that buyers have today. This is particulary true for first time home buyers, as they do not have to worry about how long it might take to sell.

There is no guarantee as to how long either the interest rate will stay low with a large inventory.

The lesson is that if you want to benefit from today's market conditions conditions, you have to stop being a "looker" and turn yourself into a "buyer"!