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.
Beginning next spring, if you hear sirens sounding throughout the island, it could be an alert to a fire, impending storm or another emergency event.
Foreclosures initiated by lenders jumped again in July as financial firms continued to work through a backlog that accumulated last year while new laws and regulations were finalized, according to a Boston real estate tracking firm.
Here's one result of the five-year rally in stocks: Investors who once wondered when they would be able to retire comfortably can now at least ponder the possibility of making the leap early.
Oaktree Capital Group LLC (OAK) is preparing for the economic recovery to falter. The world’s biggest distressed-debt investor is seeking $10 billion for a new fund with plans to sit on most of the capital until rising markets reverse course, three people with knowledge of the plans said.
The longer you live in your home, the smaller it gets - that's physics. This article will reveal 5 home-shrinking trends and how to reverse them.