Saturday, June 13, 2009

Rates Rising and so are Sales!

Mortgage rates are on the rise and so are pending sales! Since June 1st, in the last 12 days:

Accepted offers:
Acton 15 (48 total pending)
Concord 8 (36 total pending)

Boxborough has seen 4 accepted offers in the last 5 days! (9 total pending)

First time home buyers are driving the increase in sales but we are also starting to see the high end properties go under agreement as well.

source: mlspin.com