From today’s Boston Herald in reference to our local housing market:
The number of Massachusetts homes put under agreement rose by more than 5 percent in December – the biggest hike in seven months and a sign that the housing market could be rebounding.
“There’s an awful lot of optimism out there,” said local economist Karl Case, co-creator of the widely followed Case-Shiller home-price indexes. “The stock market is up, and everyone is talking about the recovery being better than we thought.”
The Massachusetts Association of Realtors said yesterday that brokers placed 2,888 Bay State houses under agreement last month, up from 2,743 homes in December 2009