A FAST START
The first 2 months of 2012 are off to a very positive start. Nantucket real estate sales have expanded 47% in transactions and 64% in dollar volume over the same time period of 2011.
Although it is a bit early to suggest this will be harbinger for the entire year it is a heartening sign. In addition there are some other metrics that point to an improving market. This chart is a snap shot through the end of February:
Over the last 2 years inventories are down and contracts and sales up. As result the pace of price reductions has slowed. All these factors point to an improving sales market. Today Buyers still have a great opportunity to buy. If the above trends continue, that window maybe closing.
If you are looking to add some visual interest to your backyard, cover an unsightly fence or wall, or add some shade and extra beauty to your pergola, climbing plants are a fantastic solution.
When Washington took over the beleaguered mortgage giants Fannie Mae and Freddie Mac during the collapse of the housing market and the financial crisis of 2008, it was with the implicit promise that they would be returned to shareholders after being nursed back to health.
The Board of Selectmen on Wednesday night voted to recommend land adjacent to the Sherburne Commons elder-living community off South Shore Road as the site for a proposed new Our Island Home nursing home.
Hedge funds have plunked down billions of dollars wagering that some of America's most beloved stocks will falter.
Bank of America Corp.’s decision to fight government allegations that it defrauded Fannie Mae and Freddie Mac paid off as a federal appeals court threw out a judgment of almost $1.3 billion against the bank.