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Hammond Winter 2011 Market Report

Hammond Real Estate
Hammond Winter 2011 Market Report
By Mark Lippolt
Senior Vice President of Operations


Winter, 2011 Market Report
A Look Back...In many of the communities in Greater Boston the unit volume of sold properties was up slightly in 2011 as compared to the previous year. Volume increases were not dramatic, but with interest rates staying low, buyers were out in the market shopping for houses. Understandably, they were being very deliberate in selecting properties and making offers. Prices were flat or up marginally, and the number of homes for sale (inventory) stayed stable.  One exception to this was the condominium market in the City of Boston.  The lack of new large-scale development helped contribute to historically low levels of city condos for sale throughout 2011.
The Year Ahead...It is difficult to forecast out more than 90 days. Currently, certain factors support the belief that the 2012 market is due for a surge:low interest rates, pent-up buyer demand, and greater affordability. But offsetting these upward stimulators are forces that could be drags on the market like : more rental apartments coming on line, a meandering stock market, and the on-going financial crisis in Europe.
All in all, buyers today have returned to the notion that buying a home is first for shelter and secondarily for an investment. And we believe that there are people who have stayed on the sidelines who will most likely act to purchase this coming year. We think the result will be a continuation of a gradual increase in the number of homes being sold and a modest increase in prices. As was true in 2011, we expect the Greater Boston residential real estate market to outpace the national housing market.

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Hammond Ranks 14 in top place to work - mid-sized companies

luxuryrealestate.com
Hammond Residential Named Top Place To Work
Posted By Mark Lippolt

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Should You Consider Listing Your Home During the Holidays?

zillow.com/blog
Should You Consider Listing Your Home During the Holidays?
By Brendon Desimone

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Cambridge Median Home Prices Hold Steady

boston.com
A Year Into the double dip, where prices are falling - and where they aren’t
By Scott Van Voorhis

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Cambridge Property Taxes - 2012


Cambridge homeowners can now pay property taxes on line.
As of October 21, 2011- CLICK for more info

Are you eligible for a residential exemption?
CLICK here to take advantage of this tax reduction

Download the Residential Exemption Application

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Refinance Now? Maybe Not

BF-AB589_08refi_D_20111007222049
WSJ.com
Time To Refinance?
By Jessica Silver-Greenberg

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Cash Home Sales In Massachusetts Are Up

WBUR.org
Cash-Only Mass. Home Sales Are Booming
By Curt Nickisch

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Cambridge Prices Defy Market Downturn

Boston.com
Boston Real Estate Now - June 20, 2011
Posted by Scott Van Voorhis

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The Warren Group promotes Hammond Real Estate

Profile: Saul Cohen
Banker & Tradesman - May 30, 2011

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Appraisals: Why You Must Now Sell Your House Twice

KCMBlogHeader

Appraisals: Why You Must Now Sell Your House Twice
THE KCM CREW - May 24, 2011

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Is There Any Hope For Housing?

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Is There Any Hope For Housing?
On Point with Tom Ashbrook - May 18, 2011
Podcast

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Eastern Massachusetts High End Market Activity


Eastern Massachusetts High End Market Activity
LuxuryRealEstate.com - March 17, 2011
Posted By Mark Lippolt - Senior Vice President, Hammond Residential

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Preparing Your Home To Sell


To Sell An Apartment, No Detail Is Too Small
New York Times on line - February 21, 2011
By Christine Haughney

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Mass Housing Market 2010



Bay State December Home Sales Increase After Five Months Of Year-Over-Year Declines
Boston Globe - January 26, 2011
By Jenifer B. McKim


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Bay State December Home Sales



Bay State December Home Sales Increase After Five Months Of Year-Over-Year Declines
B & T - January 25, 2011


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Mass Pending Home Sales



Mass. Pending Home Sales Up Year-Over-Year in December
B & T - January 4, 2011


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