WALTHAM, Mass. – December 27, 2007 – “If your New Year’s resolution is to buy a home, you have the market to do it in,” said Massachusetts Association of REALTORS® President Doug Azarian, broker/owner of Century21 Dream Homes in Falmouth, in response to the latest housing numbers released today by MAR. “We are in a ‘buyer’s market’ that really favors first time home buyers who don’t have a home to sell. In fact, first-time homebuyers could be one of the keys to reversing the downward sales trend of the last several months.”
Despite the decrease in sales, Massachusetts has the underpinnings of an improving market -There isgood inventory, prices are stable, interest rates are low and unemployment in Massachusetts is also low.
Despite the decrease in sales, Massachusetts has the underpinnings of an improving market -There isgood inventory, prices are stable, interest rates are low and unemployment in Massachusetts is also low.
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