A research has put a figure on how much impact foreclosures and cheap homes for sale have on the housing market of Massachusetts. The study focused on home sales during 1987-2009.
A report reveals that employment hubs in the metropolitan region still lack affordable housing despite the low prices of houses and the huge supplies of Boston foreclosures for sale.
Massachusetts foreclosure homes dominated home sales last month. In one county, real estate sales in August helped stabilize the housing market in the area.
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