­­Housing market heats up

This Needham home was on the market for one week this summer and received multiple offers before selling for its asking price.

In the wake of a strong summer market, real estate brokers and analysts are expecting an upward trend heading into the fall season, with both prices and sales on the rise.

July home sales rose 24 percent over the previous year, marking the 13th consecutive month with an increase in sales year over year, according to the Massachusetts Association of Realtors. Condominium sales also jumped 23.1 percent from last July.

“Once July and August come, things usually slow down. We did not see that slow down. We still had a lot of activity,” says Bill Dermody, manager of Coldwell Banker Residential Brokerage in Needham and president of the Greater Boston Association of Realtors. “I do expect listings to go up. I’m cautiously optimistic the market has turned.”

In Needham, a town known for steep prices, the summer market was indeed very hot. According to Dermody, some houses sold within days of hitting the market and several had multiple offers.

“There are a lot of good signs pointing toward a real estate recovery,” says Cory S. Hopkins, editorial director of The Warren Group, which publishes Banker & Tradesman.

Greater Boston isn’t the only area that is seeing an uptick in sales.

“Down the Cape, things are going well. Western Massachusetts, things are going well again. There are some pockets where things are a little tougher, but overall there are positive numbers,” says Dermody.



News
Entertainment
Sports
Lifestyle
National

Mutant worms stay sober, even on alcohol

U.S. researchers have developed "mutant worms" that do not get drunk by alcohol, a breakthrough that could lead to new treatment for people trying to quit drinking

Local

K-9 nose helps capture $150K in cocaine at…

A furry, four-legged security agent helped authorities stop an illegal cocaine shipment from sneaking past JFK customs.

National

Minnesota man asked to leave Southwest flight after…

A man and his two sons were asked to leave a Southwest Airlines flight after the man sent a tweet complaining about being treated rudely by a gate agent.

National

Man sues hospital after surprise penis amputation

An Alabama man who went in to a hospital last month for a circumcision awoke after surgery to find his penis had been amputated, his lawyer said on Thursday.

Movies

Review: Brett Ratner's big 'Hercules' movie is small…

The latest "Hercules," starring Dwayne Johnson as the half-god beefcake of Greek myth, strips its hero and tale of most of its fantastical elements.

Arts

Scientists recreate world's smallest Monet copy

Scientists have reproduced a famous Impressionist painting using nano-printing, to create what has been described as the world's smallest work of art. Reworked at the…

Television

Jerry Seinfeld is ambidextrous, and other Reddit AMA…

See some of the weirder highlights of Jerry Seinfeld's recent Reddit AMA.

Going Out

Grab a pedestrian and start dancing at What…

As a New Yorker, I’ve mastered the art of focusing my gaze straight ahead. Though it occasionally piques my interest, the absurdities that play out…

U.S. Soccer

Orlando City takes shot at NYCFC over Frank…

Orlando City reminded the world how big a signing Brazilian star Kaka earlier this month with a photo of Kaka mobbed by fans juxtaposed against Lampard.

NBA

Jeremy Lin says 'Linsanity' is over as he…

Jeremy Lin lit up the NBA two years ago with his play for the Knicks but he has no desire to recreate "Linsanity" in his new career with the Lakers.

NFL

2014 NFL Fantasy Football Top 100 overall player…

2014 NFL Fantasy Football Top 100 overall player rankings

U.S. Soccer

NYCFC announce signing of Frank Lampard

The tease of a big signing Thursday by new MLS side NYCFC ended up being one rumored for weeks. England midfielder Frank Lampard agreed to…

Tech

Forget Wi-Fi: Li-Fi could be the future

Li-Fi technology – developed by Mexican company Sisoft – is wireless internet connectivity using specialized LED light.

Tech

Weather app Climendo might be the most accurate…

The wait for a truly accurate weather forecast could finally be over thanks to a nifty new app called Climendo.

Tech

Napkin Table puts focus off the phone and…

Michael Jan, a design student at Tunghai University in Taiwan, has invented a serviette-picnic blanket hybrid called the Napkin Table.

Style

Essie's new Color Boutique

Essie launches high-tech kiosks at major airports and malls across the country.