Each month I write an article for the Merrimack Valley Housing Report which is a monthly e-publication from the UMass Lowell Institute of Housing Sustainability. This month I reviewed Greater Lowell real estate trends in 2022. Because the topic may be of interest to readers of this site, I’ve reproduced…
Here’s my review of local real estate activity and trends in 2021. This originally appeared in the January 2022 edition of the Merrimack Valley Housing Review. The real estate boom that began along with the pandemic continued through much of 2021 according to recording statistics from the Middlesex North Registry…
The pandemic has brought many surprises. Most have been dangerous or disturbing but some, like the performance of the local real estate market, have been positive. Driven by historically low interest rates, the mortgage business is booming. During September, the number of mortgages recorded in Lowell was up 29 percent…
Many blog followers know Joe Orfant – a Lowell/Belvidere native who has on many occasions offered programs for the Lowell Historical Society. Joe’s Linked-In page notes: ” Experienced Environmental Consultant with a demonstrated history of working in the government administration industry. Skilled in Urban Planning, Environmental Awareness, Construction, Conservation Issues,…
It looks like the real estate market continues to flatten out. There is still a shortage of houses for sale, so if you’re selling you will probably be successful and get a good price, but overall the market has slowed, especially for mortgage refinancings. As the following monthly numbers show,…
The following real estate sales occurred in Lowell last week (cross-posted from LowellDeeds blog): January 9, 2017 – Monday 16 Kearney Dr for $345,000. Prior sale in 1991 for $125,000 206 Pine St for $780,000. Prior sale in 1977 33-35 Jean Ave for $290,000. Prior sale in 1986 for…
The following real estate sales occurred in Lowell last week: January 2, 2017 – Monday Holiday – no sales January 3, 2017 – Tuesday 29 Chase St for $140,000. Prior sale in 2006 for $92,500 66 Sixth Ave for $132,488. Prior sale in 1989 for $155,000 97 Hildreth St Unit…
The following real estate sales took place in Lowell this week (cross-posted from Lowell Deeds blog): December 19, 2016 – Monday 3 Dalton St for $194,900. New construction 6 Industrial Ave for $192,500. Prior sale in 1960 120 Westview Rd for $480,000. Prior sale in 2007 for $418,075 439 Varnum…
The following real estate sales occurred in Lowell last week: December 12, 2016 – Monday 120 Midland St for $266,000. Prior sale in 2002 for $282,500 64 Plummer Ave for $289,100. Prior sale in 2004 for $294,900 67 Weatherbee Ave for $280,000. Prior sale in 2003 for $230,000 30 Chippewa…
The following real estate sales occurred in Lowell this past week: December 5, 2016 – Monday 58 Berry Rd for $449,900. New construction 228 Varnum Ave for $295,000. Prior sale in 1956 88-90 Boisvert St for $310,000. Prior sale in 2014 for $270,000 50 Agawam St for $314,000. Prior sale…