MAR produces a variety of market research data summarizing sales, prices, inventory levels and housing permit activity in the state’s residential real estate market. Many of these statistical reports provide 15-20 years worth of data and illustrate important trends in Massachusetts’ single-family housing market during the past quarter century.
Immigration to the United States soared in the past two decades, which likely will lead to many more home purchases in the coming decade. The U.S. population grew by roughly 30 million people during the last decade of the 20th century and by another 12 million in the last four years. The strong increase in immigration contributed to nearly 40 percent of the rise in U.S. population since 1990.
The purpose of this report is to present recent international-related data trends directly associated with Massachusetts. Such data, properly gleaned, will present real estate opportunities with foreign nationals, foreign companies and foreign referral counterparts.
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Immigrant & International Investment in Massachusetts Real Estate |
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Home rehabbers who are considering a move in the not-too-distant future should focus mostly on exterior upgrades. That’s the message from REALTORS® who participated in
Remodeling magazine’s 20th annual "
Cost vs. Value Report," done in cooperation with REALTOR® Magazine.
REALTORS® in 65 markets were given construction specs and costs on 29 upscale and midrange projects and asked to estimate the percentage return at resale.
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2007 Remodeling Cost vs. Value Report |
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A home is made up of a number of attributes that determine its value or selling price. Because all properties are unique in any number of ways, determining how all of the physical and locational characteristics affect the value of a home can be difficult. Recent research provides some insight into which characteristics add or detract from a home’s value.
A 2004 study supported by the National Association of REALTORS® National Center for Real Estate Research measures how different physical attributes of a home can influence the value, and therefore the selling price, of the home. The Value of Housing Characteristics by Stacy Sirmans and David A. Macpherson of Florida State University examines specific property attributes such as size, number of bedrooms and bathrooms, and height of ceilings and how each of these increases the actual selling (not listing) price of home.
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Value of Housing Characteristics Study |
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