ePlace Spring 2010 Newsletter
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In this issue Market Stats Mardi Gras Benefit Upcoming Workshops |
Market Stats
Our resident market analyst, Rachael Burger, recently updated long-term local area market stats (covering Cambridge, Somerville, Medford, and Massachusetts overall). With one exception, all four geographic areas show a decline in median prices across all property types since 2005 and an increase since 2000. Sales volume (as measured by units sold) is down across the board since 2005 and also down relative to the year 2000, with the exception of condominium units, whose sales volume increased in all geographies relative to 2010. Last year (2008 – 2009), median prices were mostly stable or showed moderate declines, while sales volume was mixed (up in some housing types/locations, down in others).
Mardi Gras Benefit for Our Place, Day Care Center for Homeless Children
Bill Scott, our Principal, and a number of other ePlace team members are hard at work organizing a Mardi Gras Soiree to benefit the children of Our Place, the Salvation Army’s daycare center for homeless children. This event raised almost $60,000 last year (a substantial part of the operating budget of Our Place) and we hope to do as well this year. Please join us on March 5th at the Charles Hotel from 6:30 – 10:30 for dinner, dancing, live music, and live and silent auction for a worthy cause. Alternately, please consider becoming a sponsor or donating an auction item.
Upcoming Workshops
February 17th 6:00 – 8:00: The Savvy Home Buyer (offered again on April 7th)
February 24th 6:00 – 7:30 — Nuts and Bolts of Real Estate Investing (offered again on April 21st)
March 31st 6:00 – 8:00 — Preparing Your Home For Sale
Workshops, as always, are free and open to the public, and pre-registration is required. Register, email with question, or read our rave reviews.
As always, feel free to contact us about any of your real estate needs, by calling 617.864.4600 or emailing us at info@eplacehomes.com.
Wishing you a happy, early and peaceful Spring.
The ePlace Team