Realtor Judy Moore on real estate, housing prices in Mass. - 2004-02-22
Massachusetts home sales established a record in 2003. But in part to tight supply, historically low mortgage rates, and a belief during bear market years that a home can be a better investment than the stock market, local housing prices remain sky-high.
The statewide average sales price for a single-family home last year was $376,360. High prices aren't just bad news for people attempting to buy a first home.
Read the full story at Boston Globe 
