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Home | Author Archives: Paul Salfen

Author Archives: Paul Salfen

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Massachusetts Home Sales Decrease from Low Inventory

For four out of the last five months, single-family home sales have decreased in the Bay State. This trend is seen by some as a simple problem in availability. Timothy J. Warren Jr., CEO of The Warren Group said, "The low inventory of single-family homes in the market is the primary cause of the decreasing sales activity."

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Florida’s Housing Market Is On the Rise

More good news has surfaced in the housing market, this time in Florida. According to Florida Realtors, the housing market reported higher median prices, more new listings, and a stable level of inventory in March. Closed sales of single-family homes statewide totaled 20,081 last month, up 2.8 percent from March last year.

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FHFA House Price Index Rises Slightly In February

The Federal Housing Finance Agency (FHFA) released its monthly House Price Index (HPI) for February, revealing continued growth even as winter weather slowed the market. The broad measure of the movement of single-family home prices in this purchase-only index went up by .6 percent, and with the exception of November 2013, marked nearly two straight years of increases.

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Healthier Market Welcome Sight for Spring Home Buyers

The National Housing Trend Report for March was just released by Realtor.com, and it offers some great news for spring home buyers. The market is much healthier this year, with growth in inventory and days on the market. With modest price increases present, the overall outlook is good.

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Single-Family Sales Increase in Connecticut

2015 HUD

According to a new report from the Warren Group, single-family home sales are up 2.6 percent overall this year in Connecticut, with a 2.8 percent increase in February of this year from last year. Fighting a low inventory this month, the month represents ten straight months of increases in a row, easing fears.

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NFHA Files Another Complaint Alleging Housing Discrimination

In a long line of lawsuits and complaints against corporations alleging discrimination, the National Fair Housing Alliance (NFHA) announced a complaint against Safeguard Properties, the largest mortgage field services company in the country. The organization alleges REO properties were not as well maintained and marketed in African-American, Latino, and other non-white communities compared to properties in white neighborhoods.

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NAHB: 2014 to be a Strong Year for Housing

With the spring buying season in the housing market right around the corner and stronger employment numbers reported, confidence is gaining that economic recovery is right around the corner. The National Association of Home Builders (NAHB) found 59 of the 350 metro markets examined have returned to or exceeded their last normal levels of economic and housing activity.

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