The Boston Globe has a piece today summing up what we all know about the Mass. real estate market: it’s not great, but … it’s not as bad as some may think either.
It’s still a buyers market, and compared to not too long ago, there’s plenty of interest in real estate. Gone are the days when a listing got the ghost-town treatment. Here are some snippets from the article of not-bad news:
In Manchester, a home priced about 6 percent below its purchase price four years ago attracted four offers — all above the asking price, said Lynda Surdam, a Coldwell Banker agent in that community…
In Melrose, Julie and Len D’Andrea priced their three-bedroom Colonial at an entry-level price of $385,000, attracted four offers within five days, and also sold above the asking price…
In Andover, for example, a recent open house for a home listed at $480,000 attracted 19 couples, said Lisa Johnson, a Coldwell Banker agent in that town…
A Haverhill home listed at $271,500 drew more than 30 interested parties over a weekend.
