Market Studies

Single-family home sales in Massachusetts jumped nearly 14 percent in October from a year ago, the second consecutive month that sales increased, according to a report released today by The Warren Group, a real estate research firm based in Boston.

Sales of existing single-family homes in Florida rose 5 percent in the third quarter of 2008 compared to the same period last year, according to the latest housing statistics from the Florida Association of Realtors (FAR).

The number of foreclosure deeds recorded in Massachusetts spiked in October, but lenders filed fewer petitions to foreclose – the first step in the process, according to Boston-based The Warren Group, publisher of Banker & Tradesman.

An estimated 42,293 houses and condos – including both existing and new – were sold in California last month, according to the latest report from research firm MDA DataQuick. That figure is up 4.

Job losses and economic uncertainty continue to impact the housing market in Illinois. According to the latest Illinois Association of Realtors (IAR) housing report, total home sales (which include single-family homes and condominiums) were 31,451 in the third quarter, down 21.

iEmergent, a Des Moines, Iowa-based market research, forecasting, and advisory services firm for the financial services, mortgage, and real estate industries, today issued its Mortgage Volume Forecasts for 2009 – 2013.

Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, according to the National Association of Realtors’ (NAR) quarterly survey released today. In addition, NAR said, existing-home sales fell from the second quarter in 32 states.

Single-family home prices in Rhode Island continued to deteriorate in September, with the median home price plunging 17 percent to $220,000 from $265,000 a year ago, according to the latest state report from The Warren Group.

Housing Predictor, which provides housing forecasts in 250 markets, has identified 10 markets where the regional economies are healthy and have strong potential for increasing prosperity. These housing markets have bucked the national trend in 2008 and avoided the subprime crisis, the consultancy says.

Single-family home sales in Connecticut dropped 5.3 percent in September from a year ago, bucking a 12-month trend of double-digit percentage declines, according to a new report from The Warren Group, publisher of The Commercial Record and a provider of New England real estate data.