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| The median sales price of a single-family home in Massachusetts slipped 5.8 percent to $325,000 in 2006. Most counties in the state, as seen in this map, saw price declines of between 3 percent and 4 percent, while at least three counties experienced modest increases. |
Bay State Home Prices Drop 6 Percent
By Aglaia Pikounis
In what economists and longtime Realtors are calling a much-needed correction of a heated housing market, single-family home sales fell 14.4 percent and prices dropped nearly 6 percent in Massachusetts last year.
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Purchase, Refi Loans Slip in 2006
By Amy Wyeth
The number of residential mortgage loans secured by Massachusetts borrowers dropped dramatically last year compared to 2005 – falling by 16.8 percent for purchase mortgages and 14.8 percent for refinance loans.
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Banks Focus on Branch Design As a Way to Generate Business
By Amy Wyeth
A brand-new branch symbolizes growth – a happy situation for any bank. But for a growing number of financial institutions these days, it’s more than a symbol. The design of the building itself is a strategy to generate more business.
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