Price of Homeownership

The Barnstable County Register of Deeds reports that for Mashpee, average individual property sale values rose 15.7% from July 2004.
The average sale price for property under $1mm in Mashpee was $406,810 in July 2005.
Across the Cape, the average sale price was $393,473, a 9.2% increase from last July.

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More Woes for Mass.

As if the combination of a declining population, an anti-medical research Governor, a horde of screwball judges, and a Legislature dominated by DUI-loving defense lawyers wasn’t enough of a curse:
CNN.com reports that the Boston-Quincy, MA housing market has the highest probability in the US (over 55%) for a decline in prices over the next 2 years.

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