The Massachusetts Association of Realtors® has released July 2007 sales figures for Massachusetts with comparisons to July of 2006.
Despite the national media’s reports of panic in the housing market, Massachusetts has experienced very little change over the same month last year. In fact, there has been some rather good news!
Single family home sales were UP 6.0%, with an increase in the median selling price of 1.3%. Not so bad! Condominium sales basically remained unchanged (-0.1%) and the median selling price increased 6.3%!
With interest rates still at historical lows, it's still a good time to buy or sell property.
The best place to start is by searching the properties available and contacting a local lender. There are several local lenders who have a great reputation. James Snyder at Cape Cod 5 is one of them. You can email him at jsnyder@capecodfive.com.
There are a lot of choices out there, both year round and seasonal. Don't miss the boat!
Drop me an email at catherinemclark@verizon.net to get started on your search!