Is the housing boom coming to your Town?
The Boston Globe this week published an article Boston and beyond – another housing boom may be bigger than the last showing that the median price of a home in Cambridge was now 30% above the previous peak in 2005 and suggesting that the boom was starting to move out further from Boston.
In my article this week –and here come the buyers I show how prices in Marblehead have a shot this year at getting back to peak levels. I continue to believe that the strength of the housing market will encourage buyers to trade up to higher levels again, now that they can be more confident that the market is on firmer ground. And the top end continues to see increased activity, with another $3 million plus house receiving an accepted offer this week.
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty
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