Here is the good news on the first quater from Mass. Association of Realtors!
"Seeing the inventory of homes for sale go up is a good sign and a necessary step if the market is to truly stabilize," said 2010 MAR President Kevin Sears, broker/co-owner of Sears Real Estate in Springfield. "With the opportunity to take advantage of the tax credit expiring in two days and those sales closing on or before June 30, we'll get a real sense of where the market is in the summer and early fall." There were 2,890 detached single-family homes sold this March, a 29.3 percent increase from the 2,235 homes sold the same time last year. On a month-to-month basis, home sales were up 53.5 percent from 1,883 homes sold this past February. This is the largest March year-over-year increase since MAR has been tracking monthly data.
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