Real Estate is Local!
By Judy Jennings, Tap into Judy's real estate expertise & resources.
(Top Agent Plus)
The Massachusetts Association of Realtors (MAR) has reported that sales for October 2009 are up 17.7% from October 2008. 3,828 single family homes sold this October vs. 3,252 in October 2008. It was also the largest single month gain since November 2004, and the largest increase of sales from September to October since 2002. Although these statistics might be a little closer than using national statistics, it is still not a clear indication of what might be happening in your town or neighborhood. Real estate is local and in some instances, hyper-local. One area may be realizing better than average results while another has seen fewer sales and larger price reductions. The results can vary dramatically or can follow a similar trend to the national or state sales results. The best way...
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