The Warren Group recently published their Massachusetts Real Estate sales statistics for the month of March. Sales are up an notable 20% from March 2011 marking the 9th consecutive month of increased sales. So what does this mean to REEF, a custom home builder on Cape Cod? It provides clear indication that demand is increasing, and that the market is supporting sound investments in real estate. If you are thinking of a new home, or remodeling project, you should probably take steps to start the process now. As demand increases, there will be corresponding increases in material, labor and other costs. These indicators coupled with the pending building code change in July can only lead to increased costs for consumers.
Here is the article from the Cape Cod Times: http://www.capecodonline.com/apps/pbcs.dll/article?AID=/20120424/NEWS11/120429886