November 7, 2011 Mara Bushari

In a record-breaking streak, the Greater Boston area has exceeded expectations in the real estate market. For a third month in a row, the Boston area has seen a double-digit increase from the same time last year. Sales for homes and lofts increased 17% from September 2010. This is a continuation of the summer trend of an upward spike of sales.

Loft sales increased 10% when compared to September of last year. Since the start of 2011, prices have moved slightly up, with single-family homes increasing 2.2% and loft prices inching towards 4.6% price increase. These are healthy indicators that demand is starting to rise for homes and lofts.

Overall, sales are up 15% from last year’s figures. Steady home prices, record low mortgage rates, and employment gains are said to be the factors behind the upward trend. Analysts say the trend may stick around for the rest of the year.

If you’re interested in buying a home or loft, please contact us at our website. We look forward to hearing from you.

 

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Mara Bushari

Mara is a creative thinker and strategic marketer. She graduated Summa Cum Laude from Boston University’s College of Communication and worked in international finance before joining The Bushari Team. Mara strives to exceed expectations. As Client Relations Specialist, she is a key facilitator in all team transactions, making the buying or selling process as stress-free as possible for the client. Mara learned many of her extraordinary organizational and problem-solving skills during her service in the Israeli Defense Forces, where she earned the “President’s Award” for exceptional service. In the military, Mara solidified her abilities to achieve top results in high pressure and time sensitive situations. In her spare time, Mara enjoys skiing, photography and writing.

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