An article about Mass. Association of Realtors: Pending home sales rise for 14th month in a row was published by Boston Globe on July 11, 2012. …….Positive signs for the Massachusetts Housing Market. Great time to buy or sell!

Excerpt of “Mass. Association Of Realtors: Pending Home Sales Rise For 14th Month In A Row”

The number of Massachusetts homes put under agreement in June went up for the 14th straight month on a year-to-year basis, the Massachusetts Association of Realtors said Wednesday.There was concern that the momentum from the spring market might slow, but the numbers for pending sales in June suggest that new buyers are continuing to enter the market, the association said.The number of Bay State single-family homes put under agreement in June was up 29.1 percent compared with the same time last year — 4,085 homes in June 2011 versus 5,273 homes in June 2012, the association said. Compared with May 2012, pending home sales were essentially flat.The number of condos put under agreement in June was also up 29.1 percent —1,572 units in June 2011 versus 2,029 units in June 2012. Compared with May 2012, pending condo sales for June were down 8.4 percent, the association said.

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For additional information on this topic, contact Peter DaMore, Attorney at Law Offices of Peter T. DaMore Jr. at 781-229-7900 or pdamore@ptdlaw.com.