The Franklin, Massachusetts real estate market has been moving at a sometimes slow, but usually moderate pace this spring despite the First Time Homebuyer Tax Credit incentives which ended April 30th. If you had asked 10 local REALTORS whether their business saw a spike due to the Tax Credit incentive, 9 of them would tell you that there was virtually no impact; the 10th agent would tell you they experienced a buying frenzy--but they would be lying!
Despite this government programs' lack of impact on Franklin, MA real estate sales, it was interesting to
note the latest data from REALTOR.com. Their site tracks property "views" or "hits" to our Kelly & Colombo Team listings. The graphs and data below show the number of times that each property is viewed online-as of May 1st the "views" severely dropped off. The price range or location of the home did not seem to affect the data either.
What does this data all mean? Have all the buyers disappeared? Actually I, as well as my other Team members, am all very busy with both buyers and sellers. We regularly get lots of showings and daily calls on our listings. Maybe the data just means that only the serious buyers are out now and previously there could have been a lot of people looking that maybe were not actually financially able to purchase?
If you are getting ready to sell, please give me a call/text 508-369-5131 or email franklinmahomes@comcast.net. I may just have the buyers waiting for your home to hit the market...
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