Positive signs for the real estate market

According to the Warren Group, 2010 is starting with some positive signs for single family homes selling in Massachusetts. January 2010 prices for homes sold in Massachusetts sold for 9.6% more than homes sold in January 2009. This is the second month in a row that prices have risen about 10% compared to the previous year. This rise has increased the Massachusetts median single family home price to $285,000.00 from $260,000.00.  The volume of homes sold rose nearly 12% going from 1926 to 2153 units sold compared to January 2009.Similarly Massachusetts January 2010 condominum sales rose as well. Condo sale prices increased nearly 17% rising from $209,900.00 to $245,000.00 compared to January 2009. Read more