Summer Solstice-Easton MA Real Estate Report

The spring market has passed, tax rebates are behind us, but the Easton MA Real Estate Market is still going strong. Interest rates are at historic lows. Prices for homes are at levels not seen in many years and people want to move on with their lives.

 

What are we hearing and seeing in the Easton MA Real Estate market?  We’ve heard from a local bank that they can’t keep up with the demand for pre approvals, especially when the rates go under 5 %. Many MA home buyers that have sold their homes and have been renting or living with family to save money are back in the real estate market. MA real estate agents, the agents at Goodwin Realty Group, in particular are seeing many, many showings on homes for sale, and some multiple offers on homes properly staged and priced, as well as, multiple offers on quality foreclosed homes.

 

The biggest disappointment that we keep hearing from Goodwin Realty Group home buyers is that what they are looking for is not available because of the low inventory in Easton and surrounding Towns, but they are certainly appreciative of the interest rates and low pricing.  Sellers in Easton and surrounding Towns are disappointed with the current value of their homes compared to 2005. They are anxious to sell, to become buyers themselves and to get on with their lives. Many folks are being relocated to this area which is a positive step for the recovering labor market.

 

Our expectation for the third quarter 2010 for Easton MA real estate is for the market to remain active.  Home buyers want to purchase a home and get settled before the start of the new school year. Sellers in Easton and surrounding Towns that have put off selling their homes will began the process when the statistics for the spring market are publicized and they discover  that there is an active market and the recovery is already here for the Easton and surrounding area.

 

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