bostonbubble.com

[Renting in Mass]

Does anybody know where I can find charts of the MAR and Warren Group sales and price data?

It used to be here: http://masshousemarket.blogspot.com/, but that site isn't updated anymore.

I tried to do it myself, but changes to the Warren Group's methodology in January made it tricky. I'm hoping someone smarter than myself figure out how to do it. I find it helpful to be able to see how the latest numbers relate to the data over time.

[Renting in Mass]

Sorry the link above isn't working (it includes the comma for some reason).

Here's a working link:

http://masshousemarket.blogspot.com/

[admin]

This site that you're on has charts for the MAR price data, adjusted for inflation:

http://www.bostonbubble.com/latest.php?id=ma_inflation

I'll probably post an update tonight or tomorrow with the data for May.

There are charts of the sales volume as reported by The MAR over at the Paper Economy blog. The latest set of charts is at:

http://paper-money.blogspot.com/2008/06/crashachusetts-existing-home-sales-and.html?ref=bostonbubble.com

I don't know of a source with charts for the Warren Group data. As you pointed out, their change in methodology breaks any historical comparison. Also, my initial thought was that their new methodology makes their data a lot less useful than before because it excludes foreclosures now, which is one of the reasons that it was previously preferable to the MAR data.

- admin

[Renting in Mass]

Thanks for the links. I need to get more familiar with this site. You've got some great info here. Keep up the good work!

I agree that the changes to the Warren Group's methodology made their data less useful. They claim that leaving out foreclosures results in a "more accurate assessment of the market." That doesn't make any sense at all. Foreclosure are part of the market. How does excluding them result in greater accuracy?

[admin]