Massachusetts REALTOR News

Massachusetts REALTOR News

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Mr. Obama, let the First-Time Homeowners Tax Credit stay!!! The best way to deal with the real estate crisis and eliminate most of the many foreclosures forecasted for next year is to keep the tax credit going. As a matter of fact, why not double it? Let’s face it: The year-to-date improvement in the real estate market is due to the tax credit. Many people who would not buy a house otherwise, made an effort to buy because of the tax incentive! Why spend billions on questionable projects when that same money could be applied to first time buyer tax credit? Let the First-Time Homeowners Tax Credit do to the straggling real estate market what the Cash for Clunkers credit did to the sluggish car industry! az.

Very interesting statistics regarding Framingham’s residential homes value this year, based on MLS data: While values are still lagging behind last year’s, there is an obvious increase in the average sale price. Just follow below:

End of 1st quarter: $303,989

End of 2nd quarter: $316,856

End of 3rd quarter: $323,457

These figures indicate an increase of 6.5% in the average sale price since the beginning of the year. This is great news, at, it is clear that the slump has stopped and the local real estate market recovery has begun!

I love getting stuck in traffic on Route 9 in Framingham! It seems that Framingham is being redone, fixed, improved, upgraded, busy and advanced! All this commotion is exciting: The police officers and their coffee cups, the bobcats, bulldozers and steamrollers, the cars loaded with shoppers and their active children, etc., etc., etc. What a great symphony of renewal! Being stuck in Route 9 is like witnessing progress in action! az.