Worcester Business Journal reported on housing numbers for July in MA. Ed Daniels was quoted in the article.
On a less scientific note... I think because we were having our 3rd child July 1st, that the real estate market for our team decided to get extremely active! The same phenomenon happens when you are getting away on a vacation, right?
We are looking at doubling the closed sales from the 1st half of the year by the end of October.
The experience we are seeing now, though, is pockets of inactivity in the marketplace. What I mean by this is that there are certain towns that are showing no activity at open houses, from advertising, or in pending reports on MLS. Towns like Medway and Milford are experiencing this situation for the past 6 months. Very difficult for our clients to have so little traffic thru their homes!
As the article states, if we now see the Aug & Sept numbers coming in the same way as the July numbers, there may be some market momentum that is building up? Stay tuned.