Great news from the Massachusetts Association of Realtors! If you are thinking of Buying Land, or a Building a New Home on Cape Cod, or if you are ready to Renovate or Remodel your existing home, Now is a GREAT time to start. Market demand is growing steadily, so don't miss this opportunity! Contact REEF today to see how we can help!
Mass. October pending home sales has 2nd biggest increase
The Massachusetts Association of REALTORS® (MAR) released the October 2012 pending home sales report for single-family homes and condominiums. For the 18th straight month, homes put under agreement were up over the same month last year. In fact, it was the 2nd biggest increase since we've been tracking the data starting back in June 2007. On a month-to-month basis, pending sales were up from September.
Here are the highlights:
- Single-family pending home sales were up 35.9% compared to October 2011
- This is the second biggest increase next to the final month of the home buyer tax credit in April 2010
- Single-family month-to-month pending home sales were up 6.45% from September 2012
- Condo pending home sales were up 42.99% compared to October 2011
- Condo pending month-to-month home sales were up 6.56% from September 2012