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| Pending sale vortex caused by Polar Vortex or other factors? |
| Direct result of weather |
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0% |
[ 0 ] |
| Continuation of downward trends in 4Q2014 |
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100% |
[ 2 ] |
| Other |
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0% |
[ 0 ] |
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| Total Votes : 2 |
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| Author |
Message |
RealEstateCafe
Joined: 11 Dec 2007
Posts: 235
Location: Cambridge, MA
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 Posted: Sun Jan 12, 2014 2:26 pm GMT Post subject: Pending sale vortex caused by Polar Vortex or other factors? |
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Pending sale vortex caused by Polar Vortex or other factors?
http://bit.ly/REVortex
Contact Real Estate Cafe if you’d like to see snapshots of the first 11 days of 2014 compared to the same time last year showing:
Statewide in MA, pending single family sales are down 18% in the first 11 days of 2014;
Pending SF sales between $150-$299K are down 19%, falling from 412 last year to 333 this year;
Paradoxically, 1 in 7 pending sales was between $200-$249K last year; now 1 in 7 is between $150-$199K (yes, these are single family pending sales, not condo – surprising, right?)
More surprising, pending luxury SF sales are down more than 50%, falling from 9 over $2M last year to just 4 so far in 2014.
Do these bullet points foreshadow a bear market in 2014, or impact of weather? Please use poll to let BostonBubble readers know your perspective.
_________________
Bill Wendel
The Real Estate Cafe
Serving a menu of money-saving services since 1995
97a Garden St.
Cambridge, MA 02138
617-661-4046
realestatecafe@gmail.com
http://realestatecafe.com/blog
http://twitter.com/RealEstateCafe |
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donaka
Guest
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| Posted: Mon Jan 13, 2014 5:11 pm GMT Post subject: this week |
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| it would be interesting to see sales from last week and this week..pls do post. thank you. |
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