| The upside of home foreclosure: Buyer gets a bargain, hope replaces blight |
| 8/19/2008 |
| Boston Globe - August 19, 2008 - Henrique Fernandes fell in love with the three-story red house with large rooms and an expansive backyard. The Cape Verdean immigrant envisioned his children running outside to play and his extended family celebrating holidays together. |
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| Crisis brings opportunity: Many in Greater Lowell still looking for that key to a home of their own |
| 7/28/2008 |
| Lowell Sun - Owning a home may still be the American dream. Younger generations just may not be as picket-fence-bound as their parents. |
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| Hey, house hunters: Price isn't everything |
| 6/15/2008 |
| (Lowell Sun) June 15, 2008 - For those of you prospective home buyers who have successfully waited out the price declines of the past two years, you may now be at the point where self-congratulations should cease.
Not because prices won't continue to decline. Many say that in some areas they probably will, at least a little bit more.
But interest rates are rising. And when you finance a big-ticket item -- such as a home -- over 30 years, that's a big deal.
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| Some areas of the US have escaped the punishment inflicted by housing bust |
| 6/11/2008 |
| Bloomberg News - Economic savants focused on the US housing bust tend to ignore one overriding fact: Some of the market is doing fine, benefiting from employment, population surges, and moderate increases in housing prices that are close to or below the national average.
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| Report - Some housing markets selling briskly |
| 5/2/2008 |
| "The Boston Business Journal" - If anything can be gleaned from the latest round of residential sales data, it's that nothing is predictable in this market. |
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| Economy in state outpaces US growth: Adds 4,600 jobs through March |
| 5/1/2008 |
| 'The Boston Globe' - The Massachusetts economy expanded at a healthy clip in the first three months of the year despite a national economic slowdown, breaking with the recent past when the state suffered longer and deeper recessions than the rest of the United States. |
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| Is It Time to Buy Real Estate? |
| 4/18/2008 |
| "Bankrate.com" - Investing in real estate used to be considered a "no brainer," a can't-miss investment.
But these days, this sure thing isn't so sure. Home prices keep falling. Standard & Poor tracking shows prices down 7.7 percent nationally in November 2007.
The National Association of Realtors, or NAR, reports that sales of single-family homes were down by 13 percent in 2007, the biggest drop since a 17.7 plunge in 1982.
Representatives of the NAR say that this makes it the best buyer's market in a long time. Prices are down, interest rates are near a 45-year low and the supply of houses is high.
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| Most Americans Say Now Is Good Time to Buy a House |
| 4/16/2008 |
| "Reuters" - A majority of Americans think now is a good time to buy a home, although few believe the U.S. economy can escape a recession, according to a Reuters/Zogby poll released Wednesday. |
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| Homing In: For first-time buyers, a falling market has opened a window of opportunity |
| 4/13/2008 |
| "Boston Globe" - When Kelly and Justin Crosby first started looking at homes in Boston's western suburbs last year, they quickly eliminated Southborough from their list - they liked the large lots but prices were out of their reach. What a difference a year made.
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| Fears of Housing Slump May Be Seriously Overdone |
| 3/24/2008 |
| "The Wall Street Journal" - Fears that the housing slump will send the economy into freefall may be seriously overdone.
That's the conclusion of an analysis by Bill Wheaton, professor at the Massachusetts Institute of Technology and one of the leading experts on the real estate market.
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