The Massachusetts housing slump

During the state's real estate boom earlier this decade, prices for single-family homes increased 80 percent. Now new home sales and prices have dropped significantly, and a mortgage crisis is burgeoning. What does it mean for you?

The Latest

Foreclosures continue decline

The number of Massachusetts residents losing homes to foreclosure dropped nearly 29.5 percent to 6,778, compared with the same period last year, according to data released.
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Real Estate chats
  • Sept. 12, 2008
    Buying chat transcript
    Buyer's agent and real estate blogger Rona Fischman talked about buying in the current market.
  • Sept. 11, 2008
    Mortgage chat transcript
    Holden Lewis, senior mortgage reporter for, talked about the mortgage market in the aftermath of the Fannie-Freddie takeover.
  • Sept. 10, 2008
    Fixer-upper chat transcript
    Ed Zotti, editor of 'The Straight Dope' and author of 'The Barn House', talked about fixer-uppers.
  • Sept. 9, 2008
    Home inspection chat transcript
    Home inspection education provider Jim Mushinsky took your inspection questions.
  • Sept. 8, 2008
    Fannie-Freddie takeover chat transcript
    Globe real estate reporter Kimberly Blanton took your questions on the government takeover of Fannie Mae and Freddie Mac.
  • June 6, 2008
    Suzanne Whang chat transcript
    The host of HGTV's 'House Hunters' took your questions on happy home-buying.
  • April 15, 2008
    Home-selling chat transcript
    Linda O'Connor, a Realtor since 1983 and theowner of REALPRO Associates in Beverly, answered your questions on selling in today's market.
  • April 14, 2007
    Mortgage chat transcript
    John O'Hara, who manages operations in the residential lending market at Sherwood Mortgage Group, chatted about navigating the mortgage maze.
  • April 11, 2008
    Home-buying chat transcript
    William Mullen III, general counsel for the Greater Boston Association of Realtors, took questions on the home-buying process.
  • Jan. 24, 2008
    Holden Lewis chat transcript's Holden Lewis chatted about the current mortgage market, and whether now is a good time to refinance.
  • March 17, 2008
    Buying on the Cape chat transcript
    Edward McKenna and Maria Lamb, agents with Buyer Brokers of Cape Cod-Berard Associates in Barnstable, chatted about finding the best deals on Cape Cod.
  • Sept. 19, 2007
    Real estate chat transcript
    Kimberly Blanton, residential real estate reporter for The Boston Globe, took questions on the Massachusetts real estate market.
  • Sept. 17. 2007
    Mortgage chat transcript
    Peter Milewski, director of mortgage insurance for MassHousing, was took your mortgage questions.