Economy shows improvement

A NYTimes.com article sites the Fed’s Beige Book as showing signs of economic recovery. Alan D. Levenson, chief economist at T. Rowe Price, noted “The economy is making the transition from recession to recovery.” He expected the economy to grow at a rate of about 3 percent in the summer, then more modestly in the last months of the year.

For more information, go to nytimes.com.

For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.

Real Estate Update: Boston ranked in the top ten markets

A recent article on Forbes.com dug into the details of the S&P/Case-Shiller home price index. The result is a list of the ten best and worst real estate markets in the country.

The good news is that Boston is named in the ten strongest markets, along with Washington D.C., New York and Seattle. The worst list saw many familiar names—cities that have struggled for the last year, such as Las Vegas, Phoenix and Miami.

Read the full article on Forbes.com.

For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.

Boston real estate market fares well in Case-Shiller list

A recent article on BostonHerald.com shows the Boston real estate market outperforming much of the rest of the country in the Case-Shiller list – Boston’s prices fell by a mild 6%, compared to the other large metropolitan markets that experienced an average decline of 18%.

Why is Boston maintaining better than other areas? Well, one reason is that Boston didn’t experience a construction boom like other areas of the country. Their influx of inventory prior to the subprime mortgage scandal and the subsequent market dip set off a landslide for prices in areas like Miami and Las Vegas.

View the complete article on BostonHerald.com.

For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.