Realtor Michael Mahoney in Boston with eXp Realty
Michael Mahoney
617-615-9435617-615-9435

Realtor Michael Mahoney in Boston with eXp Realty

Michael Mahoney


617-615-9435617-615-9435

Evaluating The Housing Market Since the Great Recession

March 21st, 2018 at 9:20 am by Michael Mahoney

CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009.

The key metric in the report used to determine the healthiness of the housing market was appreciation.  The report keyed in on appreciation from December 2012 to December 2017.  The goal was determine prices over the last 5 years.

Frank Nothaft, Chief Economist at CoreLogic, commented on the importance of breaking out the data by state. Here what he had to say.

 

 

 

 

 

 

Massachusetts Home Price Appreciation in the Last 5 Years

According to Corelogic, the State of Massachusetts has seen 31% appreciation in home prices in the last 5 years. You can gain perspective on how Massachusetts fared in the last 5 years versus other states in the graphic below. Your home may be worth much more than you think…get the accurate price of your home now

 

 

Courtesy of Corelogic and Keeping Current Matters

 

 

 

 

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5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

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This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

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We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

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