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The Trend in Home Sales in Hanson MA - Improving, or...?

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Real Estate Agent with Better Living Real Estate, LLC 9152684

The Trend in Home Sales in Hanson MA - Improving, or...?

Home prices in Hanson on average are falling! Home prices have fallen 5.0% since July of 2009.

The current average listing price of homes for sale in Hanson MA is $315,441, down 3.8% from a month ago. Compare this to the current median sales price of $266,041 - where half of sales are above this amount and half below it.

Below is a chart of the trend of median prices of homes for sale in Hanson MA over the past 5 years through July 2010:


Although cyclical, the number of sales for all homes have been increasing over the past year:


So what does all this mean? Well, if you're looking for a home in Hanson, you can probably find a bargain. Still, lowball offers won't cut it in a market like this. Sellers aren't in control of the market either, so both buyers & sellers should be reasonable when negotiating.

You can still buy a home with no money down with a VA Loan or with a USDA Rural Development Home Loan. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. With a MassHousing loan, you can purchase a home with as little as 3.0% down. When you're ready to buy a home, find out how much house you can afford to buy in Hanson or in the surrounding area.

Be sure to contact me, Lew Corcoran, toll free at 1-800-941-5616, when you're looking to get pre-approved for a purchase of your next home in Hanson or in the surrounding area. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.

 

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Lew Corcoran
Licensed Massachusetts Real Estate Agent
Certified Home Stager
Certified Listing Expert
Certified Real Estate Negotiator

Professional Real Estate Photographer
FAA Licensed Drone Pilot

Director, National Board of Directors,
Real Estate Staging Association (RESA)

Better Living Real Estate, LLC
15 Wall Street, #9157
Foxborough, MA 02035
O: (888) 877-8300
D: (508) 258-9658

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