This latest rise comes as the housing market has shown numerous other signs of recovery in recent months. A combination of near record-low mortgage rates, lower unemployment and a drop in foreclosures to a five-year low means there are more buyers interested in purchasing fewer available homes. That in turn has lifted prices.
Contact me for professional Real Estate advice and a Complimentary Market Analysis on your home! Carole Tierney, REALTOR, Coldwell Banker Residential Brokerage, 781-424-4197 Cell/Text or Carole_Tierney@Yahoo.com by Email.