Massachusetts well-positioned for recovery

Analysts, citing key indicators for economic performance, are predicting that our state will recover from this recent economic downturn quicker than the rest of the country. Labor and housing market statistics show that Massachusetts is outpacing the US statistics by a significant margin – with home sales (adjusted for seasonal variations) soaring nearly 50 percent in the state since hitting bottom in January, compared with less than 20 percent nationally.

This is not, however, to say that the markets will fully recover in the next several months. Economists are cautiously predicting a slow recovery for the nation – with 12 to 24 months of incremental growth.

For more information, go to boston.com.

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

What to consider before relocating for a job

There are many things to consider before you relocate for a job. A recent Wall Street Journal blog entry noted that understanding your company’s relocation package and support can be a key factor in deciding if it is the right move for you. Kristen Rideout, one of the Managers of Relocation for Gibson Sotheby’s International Realty, notes that there are several benefits that some companies offer. “Moving costs and temporary rental housing are fairly common. But some companies will assist the relocating employee with closing costs or will guarantee the sale of their house.”

For more information, go to wsj.com.

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

Boston home prices showing positive growth

Zillow.com’s charting of home sale prices is showing positive growth. The data taken over the last several years, shows downward pressure on pricing, with a positive turn during this year.

For more information, go to zillow.com.

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