We continue our search for local real estate agents opinion on the state of our Pioneer Valley market. Our recent post, "Real Estate Market Brighter in 2013", shared the Massachusetts Association of REALTORS's recent agent survey. Agents across the state see positive movement in the market.
I took the opportunity to ask our Coldwell Banker Upton-Massamont REALTORS what they think is happing in our local markets.
"What a fantastic market for both Buyers and Sellers. We usually see one or the other, but this is a good time for both. Interest rates remain low with stable home prices for the Buyers and for the Sellers we are seeing signs of market recovery; plus the inventory is low, prices look to be slowly ticking up again and most importantly there are a lot of Buyers looking to buy now!" -Tami Gaylor & Joanne McGowan of the Gaylor & McGowan Team
Gretchen O'Neil from our new Amherst, MA office said, "The current market is full of buyers ready to pounce. There is a shortage of inventory and buyers are tired of the same stale listings. As a result, when sellers have put their homes on the market within the past month, slightly ahead of the spring market and priced right, buyers have snapped up these homes quickly. I think home prices will be up just a little over the next year."
Contact Gretchen at (413) 626-8653 or email her at Gretchen.ONeil@cbumr.com