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Western Mass Confidence Is UP!

According to the recent report by Bloomberg BusinessWeek, 5 years after the bust there are signs pointing to the long-awaited recovery.  Many have concluded that prices won't drop much further and confidence is up.

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Coldwell Banker Upton-Massamont Agents are saying . . . .

 "The real estate market has hit bottom and now stabilized.  The hill town properties have lagged behind the recovery but, I am beginning to see a glimmer of increased activity.  Good news about this market, our young folks are now able to afford a home in their own community.  They are the drivers in this market."   -Wanda Mooney, Award winning agent

"We can definitely feel the difference so far this year.  As a company, our sales in Franklin County over the last quarter are up 28% and in Hampshire County our sales are up 30% over the same period.  Overall sales (MLS) are up 10% in Hampshire County and 22% in Franklin County.  The median selling price in both counties is also up slightly from last year.  We are seeing excellent attendance at open houses and well-priced homes are going under deposit faster than last year as well.  Buyers seem to be motivated and optimistic this year, perhaps feeling that the market has hit bottom and is starting to rebound so they want to act before it goes up.  Last year the feeling was that things would keep going down so there was no pressure to act quickly.  It is a great market for both buyer and sellers at this time."   -Christine Aubrey,  Owner/Broker </<?xml:namespace>

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