The MB Associates Team at Coldwell Banker Residential Real Estate is excited to announce that Kara Apostolica has joined their team. Kara brings years of experience, a tireless work ethic and enthusiastic style to a top producing team with over $500 million in local sales in Newton, Needham, Brookline and surrounding markets. Kara grew up in Newton and now lives in Needham with her two sons.
Kara Apostolica - 617.913.2300 firstname.lastname@example.org
The MB Associates Team led by Maxine Burtman and Mitchel Bernstein at Coldwell Banker Residential is excited to announce that Cary Berger has joined their team. Cary brings years of experience and a proven track record to a top producing team with over $500 million in local sales in Newton, Needham, Brookline and surrounding markets. Cary's enthusiastic style and work ethic will be a great addition to the team. Cary lives in Needham with his family and grew-up in Newton.
Cary Berger - 617.688.5457 email@example.com.
Low inventory and record prices for property in Greater Boston fueled major growth in total sales and median sale prices for single-family homes in communities in Worcester, Bristol and Essex counties during the first seven months of 2019.
Overall, Newton's sales and inventory increased from the same period last year. Sales increased 2%, from 432 units to 441 units, with 7% more inventory.
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MB Associates will be holding our annual Winter Gear Drive on Sunday, November 19th from 12 PM - 4 PM at the West Newton Hill Neighborhood Club!
Please CLICK HERE for more information.
Many major cities around the world are overvalued and at more risk of a bubble than in 2016, according to the UBS Global Real Estate Bubble Index 2017.
However, the report shows that Boston’s market is fair-valued and prices are relatively affordable compared to other global cities. Prices increased 6 percent last year and are 20 percent higher than in 2012, according to the study.
PLEASE CLICK HERE TO READ THE FULL ARTICLE!
Sales were flat compared to the same period in 2016, with 13% less inventory. Sales over $2.5M were down about 6%, $1.5M - $2.5M increased 30% and $1.5M and below dropped 6%. Sales in 02465 (West Newton) saw a 27% decrease $1.5M and below, 44.5% increase $1.5M - $2.5M and a 33% drop over $2.5M, with 10% less inventory.
Below, please find MB Associates' review of the 2016-2017 Newton single family real estate market. This newsletter offers an in-depth analysis of sales, inventory, median prices, and more!
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