Has Spring Sprung?

One week ago, on January 19th we started a blog about the lack of new homes for sale in Easton, MA.  The inventory in this town had been hovering at 78 single family homes for sale for quite some time.   It seemed that many people were waiting for the “spring market” to list their homes.  Suddenly in 1 week, 8 homes have been listed. Has the spring market begun? 

We are experiencing a burst in buyers looking for homes. Those that had been sitting on the fence for so long seem ready to take advantage of the interest rates that are still at historical lows, and the tax credits that are in place for both first time and existing homebuyers. These tax credits do have expiration dates.  Buyers must be under contract by April 20, 2010 and close on or before July 1, 2010.  That doesn’t leave a lot of time to find the right home and make their way through the process to close.  The sellers of these 8 new listings will have an advantage to those that think the spring market is when the buds appear on the trees. If you are waiting for the spring market - it may already be here! 

Visit the Goodwin Realty Group Website!

 

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