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Is Worcester’s Real Estate Market rebounding?

August 4, 2013 by Rick Annunziata

Worcester Ma. Real Estate might be the place to Invest!

This article recently appeared in the Worcester paper regarding the rebounding Worcester County Real Estate market. I would urge anyone inclined to purchase a piece of real estate to do it now. You cannot beat the current mortgage rates which are still very low. There are many buyer incentive programs and low property values still abound.

Housing confidence WALTHAM — Confidence in the housing market more than doubled last year, compared to the year before, and ended 2012 on a high note, a Realtors group reported Tuesday. A measure of Realtor confidence hit 57.47 in December, up from 28.28 in December 2011. For the full year, confidence was 54.05, up from 27.13 in 2011. The Realtor Market Confidence Index is scored on a 100-point scale. The Massachusetts Association of Realtors also said Realtors’ expectations of home prices reached an all-time high of 72.71 last month, up 50 percent from December 2011. Home prices were falling for years before they started picking up in 2012.“Realtor members” positive attitude about the real estate market and home prices consistently increased over the course of 2012,” Kimberly Allard-Moccia, association president, said in a news release.

Category: Real Estate Sales Worcester Ma, Worcester County Real estate

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