** The number of single family homes sold in Massachusetts increased to around 14% from October 2007. This was the second consecutive month of Sales increase. The median Sales Price is at $285,000 in October 2008 vs $331,000 in October 2007.
The increase in Massachusetts Home Sales is attributed to the attractive interest rates, great values and wide selections of homes available.
When talking to your buyers remind that it is a great time to buy because:
- Great Prices
- Great Selection
- Low Mortgage interest rates
- $7,500 1st time buyer tax credit
- FHA down payment will increase from 3% to 3.5 % on Jan 1, 2009
Happy Buying and Happy Selling!
**Source: Market Statistics are based on a press release on 11/25/08 by Warren Group
To help you find your dream home in today's market you need an agent who understands your needs and guide you through the process.
Contact Gail Caldera, Licensed Realtors® in Massachusetts and Rhode Island at 508-212-2509 to help find a home in Massachusetts (North Attleboro, Attleboro, Foxboro, Wrentham, Mansfield, Seekonk, Rehoboth) and Rhode Island (Barrington, Providence, East Greenwich). I accept referrals.
Call me today at (508) 212 2509. Contact me by email if you prefer by clicking on email me on the right side of this page under my profile.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. My Blog does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on North Attleboro Luxury Home Blog represent the opinions and ideas of the author. This is not intended as a soliciting of any listings.
Copyright © 2008 By Gail Caldera, All Rights Reserved.*Massachusetts Real Estate Market*