Page 14 - New England Condominium September 2021

14 NEW ENGLAND CONDOMINIUM -SEPTEMBER 2021 NEWENGLANDCONDO.COM Flynn Law Group 185 Devonshire St., Suite 401 • Boston, MA 02110 617-988-0633 “Quality Representation at Reasonable Rates - $150/Hr.” Contact Attorney Frank Flynn Frank@flynnlaw-ne.com www.flynnlaw-ne.com ATTORNEYS See Our Display Ad on Page 14 Condominium and Real Estate Law Phone: (781) 817-4900 Direct: (781) 817-4603 Fax: (781) 817-4910 We may be dressed up, but we aren’t afraid to get our hands dirty. www.lawmtm.com Merrill & McGeary 100 State Street, Suite 200 Boston, MA 02109 617-523-1760 • Fax 617-523-4893 Contact: Mike Merrill, Esq. mmerrill@merrillmcgeary.com ACCOUNTANTS David A. Levy, CPA, P.C. Certified Public Accountants 20 Freeman Place Needham, MA 02492 Tel: (617) 566-3645 (866) 842-0108 Fax: (866) 681-2377 www.DALCPAPC.net DAL CPA Accounting • Auditing • Taxes • Consulting Worcester 67 Millbrook Street 508-797-5200 Grafton 80 Worcester Street 508-839-0020 Holden 795 Main Street 508-829-5544 M Love Associates, & LLC Certified Public Accountants Serving Condominium Associations mlove 2.25 x 2.5 condo association color 9.19.2017.indd 1 9/19/17 12:59 PM See Our Display Ad on Page 11 185 Devonshire Street, Suite 401, Boston, MA 02110 Quality Representation at Reasonable Rates. (617) 988-0633 Contact Attorney Frank Flynn: FRANK@FLYNNLAW-NE.COM Flynn_E4C.qxp:Layout 1 12/8/14 2:30 PM Page 1 Please submit Pulse items to Pat Gale at patgale@yrinc.com DAL CPA David A. Levy, CPA, P.C. Certified Public Accountants Areas of expertise in Condominiums ■ Cooperatives ■ Timeshares ALL COMMON INTEREST DEVELOPMENTS Call our office for a complimentary review of your financial needs 617-566-3645 or 866-842-0108 20 Freeman Place, Needham, MA 02492 DavidALevy_E4C_NEC_Sept15:Layout 1 10/7/2015 3:54 PM Page 1 SERVICING THE EAST COAST FOR OVER 30 YEARS Member AICPA, CAI-NE www.DALCPAPC.net dlevy@dalcpapc.net ddlevy@roofmaxx.com 5 0 8 -4 4-4 7 66 3 DON’T REPLACE YOUR ROOF… REJUVENATE IT WITH ROOF MAXX! The Peabody Companies, she was honored as “a leader in the real estate industry, with a commitment to community, service, and high-quality affordable housing.” JALSA was established in 2001 and is de- voted to engaging the community in promot- ing civil rights, protecting civil liberties, and achieving social, economic, environmental, and racial justice. “I am so honored to receive this award,” said Fish-Will. “This organization is near to my heart, and its mission is one that I believe in deeply. I am so grateful for this recognition, and look forward to continuing my commit- ment to the goals of JALSA.” Real Estate and Development MA Condo Sales Strong, Single-Family Sales Slip The Warren Group recently reported that condominium sales were firm in July, while single-family home sales have dipped com- pared to year ago. According to a release from The Warren Group, 2,897 condos were sold in Massachusetts in July, up 16.5% from the July 2020 total of 2,487, and 17.6% higher than the July 2019 total of 2,463 transactions. The median sales price for a condominium sold in Massachusetts in July was $470,000, up 9.3% from the same month a year ago, the report noted. July marked the 12th straight month that the median condo price has been above $400,000. Taking a longer view, the median condo price was up 20.5% compared to June 2019’s price of $390,000. “The condo market continues to be a bright spot in the Massachusetts housing market, but I’m curious if this level of activ- ity can be sustained,” Warren said. “With the (COVID-19) delta variant now dominant and evidence of the effectiveness of vaccines wearing off, prospective condo buyers may once again turn cautious.” Year to date, there have been 16,777 con- dos sold in Massachusetts, a remarkable 40.4% increase from the first seven months of 2020. In the same report, The Warren Group said that sales of single-family homes in Mas- sachusetts totaled 6,327 in July, a 7.6% decline from the same month a year ago and down 1.5% from July 2019. “The chickens may have finally come home to roost for Massachusetts homebuy- ers,” said CEO Tim Warren. Since the start of the third quarter of 2020, “it was apparent that based on the flurry of sales, paired with the ever-shrinking inven- tory of single-family homes across the state, that it was only a matter of time before we saw sales start to slide on a year-over-year basis.” n PULSE... continued from page 4 See Our Display Ad on Page 14