mark for the month of March 2012 in Massachusetts.  This is the 11st straight month in a row that PHS have gone up.  This is an incredible 38% over 2011.  3256 in 2011 vs 4519 homes in 2012.  The data keeps showing the real estate market recovery from its lows.  Days on market are decreasing every month.  Inventory is decreasing and in some towns showing a shortage. 

The real estate market is recovering and becoming healthy.  We need new construction to lead us out of the abyss.  New home values increase existing home' s prices.  We need 1.7 million units of housing to keep up with our demographics.  We have averaged 350,000 for the last five years.  You do the math and tell me about the pent up demand.

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Posted by Webster, Ma Conrad Allen, Realtor on 04/12/2012 03:31 AM   Comments (10)   Pending Sales Up in the ActiveRain Channel  
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10 Comments on PENDING HOME SALES GO OVER 4000

APR
12
2012
630,906 Points 3 Featured Posts Outside Blog Attended Rain Camp

Good morning Conrad,

More wonderful news that we don't hear from the mainstream media.  Outstanding post, thanks for sharing!
3:35am • #1
759,033 Points 37 Featured Posts Outside Blog Called Shot Master

Conrad ....That's a great stat!  It's going to be a great year!
3:36am • #2
104,138 Points 1 Featured Post Outside Blog

MA continues to be a good market and hopefully we can keep the momentum going.  Thanks for the post.
3:48am • #3
668,926 Points 8 Featured Posts Outside Blog Hit Router Called Shot Master

Morning Conrad I don't know about you but I'm getting hammered with buyers and that sir is a good thing.  Like you it's getting harder to find the homes and that is also a good thing. 
3:57am • #4
648,519 Points 69 Featured Posts Outside Blog Attended Rain Camp

It is and you are welcome Lisa.

It is Rob.

I hope so John.

The coming shortage should allow new home construction to begin James.
4:01am • #5
562,765 Points 10 Featured Posts Called Shot Master

Even in the foreclosure laden Southwest Florida area inventory is shrinking and demand is heating up! Enjoy your day! 
4:48am • #6
494,124 Points 29 Featured Posts Outside Blog Called Shot Master

Great post, thank you for sharing it with all of us.

We are seeing strong mortgage activity. We have 177 loans in our pipeline. The highest we had last year was 140. Life is good.
6:48pm • #7
APR
13
2012
648,519 Points 69 Featured Posts Outside Blog Attended Rain Camp

The numbers look good Wayne.

Life is good Joe.  Continued good luck.
3:08am • #8
APR
14
2012
450,890 Points 10 Featured Posts Outside Blog Called Shot Master
Conrad, nice to see the trend heading up, here in lower Ct. The numbers are heading up as well.
5:24am • #9
648,519 Points 69 Featured Posts Outside Blog Attended Rain Camp

Great news David.  Thanks
6:23am • #10


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