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Tag Archives: The Warren Group

Rhode Island Housing Market Declines

Single-family home sales fell annually in Rhode Island for the fifth month this year in August, dropping by double digits even as selling prices came down, the Warren Group reported.

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Connecticut Housing Activity Slow, But Still Creeping Upward

A slight increase in single-family home sales in Connecticut for the month of July marked the fifth time in 2014 that single-family home sales increased year-over-year, according to a report released on Wednesday by the Warren Group, publisher of the Commercial Record. The 3,152 homes sold in Connecticut in July represented the highest total for any month since June 2010, when 3,400 homes were sold in the state, according to the Warren Group. July's total of 3,152 was an increase of less than 1 percent from June's home sales of 3,129 in Connecticut. Year-to-date, through the end of July, home sales in the state have fallen by 1.2 percent (from 14,230 down to 14,059).

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April Home Sales Drop in Bay State

Short Sales

April sales of Massachusetts single-family homes dropped 2.3 percent compared with the same month last year, according to the latest from the Warren Group. The percentage decline represents a decrease from 3,508 last year to 3,427 in April.

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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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Massachusetts Foreclosure Activity Decreases in February

A new report issued by the Warren Group found the number of foreclosure petitions dropped by 48.7 percent in Massachusetts for the month of February. The monthly drop represented 18 consecutive months that petitions have decreased on a year-over-year basis in the Bay State.

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Connecticut Home Sales Post Increase in January

Single-family homes sales in Connecticut rose 2.0 percent in January, according to a new report from The Warren Group. The month-to-month gain in January marks the ninth consecutive month of home sale increases for the state.

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Bay State Sales Down in December, Prices Continue to Rise

Massachusetts home sales came down for the second month in December, while prices continued to increase at a steady clip, the Warren Group reported Wednesday. Single-family home sales in the Bay State dropped less than a percent last month to 3,712 from December 2012’s 3,725. According to the company, it was the lowest number of sales recorded in one month since April. “Sales and prices set a torrid pace in the third quarter of 2013 and through October. Now the market is taking a breather,” said Timothy M. Warren Jr., CEO of the Warren Group.

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Connecticut Home Sales, Prices Increase in Q2

The second quarter saw modest gains in home sales in Connecticut, according to the Warren Group. Second-quarter sales of single-family homes totaled 6,898, a nearly 1 percent increase over Q2 2012. In June alone, home sales were up 0.4 percent (the second straight month of increases) to a total of 2,602.

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Bay State Foreclosure Starts Down to Lowest Level on Record

Foreclosure starts in Massachusetts plunged 84 percent in June to the lowest level since the Warren Group began keeping track in 2006. Foreclosure petitions, which begin the foreclosure process in the Bay State, totaled 245 last month compared to 1,548 in June 2012. Foreclosure deeds, or completed foreclosures, fell 56 percent year-over-year to 329 in June, but are still at their highest level so far this year.

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