Weekly Market Report for the Boston Real Estate Market 3-8


Greg Afarian’s Market Report Week of 3-8

Retail Sales in February rose 0.3%

Consumer Sentiment Dips in March to 72.5% from 73.6 in February

10 YR Since the Tech Bubble. CNBC’s Lack of Compassion always makes me sick!

Crude Oil hits $81.24 and Gold is at $1,107 an Ounce.

$3.00 a Gallon Gas?

Greece credit crisis continues and has more riots in the streets.

30 YR Fixed Rate Average 5.01%
15 YR Fixed Rate Average 4.32%

Stocks to watch GOOG, RIMM, VLO

Carlos Slim $53.5 BILLION as World’s Richest Man.

About the Me: The above Real Estate information was provided by Greg Afarian, l can be reached via email or send me a message on Twiter

Have a home to sell on the NorthShore in Mass? I’ll help you with my social media skills for a quick transaction to help save you time and money.

I service the following towns in Boston and the Greater Boston Area. Andover, North Andover, Lawrence, Methuen, Haverhill, Boxford, Bradford, Dracut, Reading, North Reading, and beyond.

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Andover Real Estate Weekly Caravan

Greg’s in Andover, MA 01810 checking out 2 brand new listings to come on the market.

The 1st property is a 2310 Sq. Ft. Colonial 8 Room, 4 Bedroom, 2 1/2 Bath located close to downtown Andover.

The 2nd is a 3568 Sq Ft. Colonial 10 Rooms, 5 Bedrooms, 3 1/2 Baths located in West Andover.

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Greg Afarian Boston Real Estate Market Report

Job’s Report in January Non-Farm Jobs declined to 36,000

Unemployment Report unch at 9.7%

Pending Home Sales for January fell to 7.6%

Crude Oil hits $81.50 and Gold is at $1,136 an Ounce

Greece battles credit crisis and has roits.

30 YR Fixed Rate Average 4.95%
15 YR Fixed Rate Average 4.27%

Stocks to watch AAPL, GOOG, RIMM, VLO

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INSTANT ACCESS of Boston Foreclosures List

Looking for the latest in Boston Foreclosures, Boston Real Estate and surrounding area.  We have the latest list of Foreclosures, Short Sales, REO property.  We cover the entire state of MA with emphasis on Boston and surrounding area, Andover, North Andover, and their surrounding areas.  Please visit us here to get started in the most up to the minute list of Foreclosures in the area of choice.

Looking for an area that isn’t listed.  Let us know, we can run specialized searches and supply you with the area and/or criteria of your choice.

To get started click here —> Boston Foreclosures

We look forward to speaking with you about your property requirements!

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Boston Real Estate Market Report

  • Existing Home Sales in January fell 5.3%
  • Inventories fell in January 2.7% and a 9.6 month supply.
  • 1st time Jobless Claim filings rose by 22,000 and has risen 6 out of 8 weeks in 2010.
  • Durable Goods soared in January up 3% which was the biggest gain since July. A durable good is a product that last at least 3 years which include airplanes, cars, electronics, appliances, business equiptment.
  • 30 Year Fixed Rates increased to 5.3% from 4.94% a week ago.
  • 15 Year Fixed Rates increased to 4.35% from 4.33% a week ago.

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Greg Afarian’s Market & News Update Week of 2-8

Greg Afarian’s Market & News Update Week of 2-8

This week we saw the following topics in the market / news

  • Greece’s potential Bail Out from the E.U.
  • Retail Sales modest gain of .5%
  • Oil prices at $73
  • Gold at $1092 an ounce

30 YR Fixed Rate Ave. 4.94%
15 YR Fixed Rate Ave. 4.33%

Dow saw some volatility but, was pretty much flat this week.

Iran up to their old self as their thug President tries to send the U.S. a message regarding their Nuclear enrichment plans.

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Greg Afarian’s Market Report Week of 2-1

This week we saw a new Unemployment Report down 9.7% from 10.0%
Dow struggles to stay above 10,000 down over 300 points.  Bail Out Companies in the News, earning and BIG Bonuses from AIG, JP Morgan Chase walking away with Millions.  My take on stocks, real estate and the bond market.

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State of the Market Update, An Explanation of the Obama Speech 1/21/2010

State of the Market Update, An Explanation of the Obama Speech 1/21/2010

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World News and Market Update Including Andover Real Estate News

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US Mortgage and News Update presented by Greg Afarian of Virtual Media Realty in North Andover MA.

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New State of the Art MLS Search Engine Implemented at Virtual Media Realty

We have been working long and hard to offer our clients the very best there is online to offer and we think we have a winner.  Please check out our “up to the minute” all of Massachusetts MLS search engine containing every property currently for sale including property offered by Century 21, Prudential, ReMax, Keller Williams, Sotheby’s, Coldwell Banker, GMAC, ERA Real Estate, and many, many others.  Best of all, the search engine is absoutely FREE to you the Buyer!  If you are wanting some selling advice, we have it there as well…please feel free to browse.  When you are ready to conduct a search, you can setup your own account, have listings emailed to you when you want them, want to know when that home you’ve been watching had a price drop, you will be the first to know, well before everyone else.

We here at Virtual Media Realty give you all the tools available that we the Realtors have!  So give it a try, and again, its absolutely FREE!

You can visit it here http://www.virtualmediarealty.com/custom-mls-search/

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