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2012 Real Estate Market Heads Up

Heads-up buyers! I'm seeing a shift in the market, evidenced by both my experience and this report from the Massachusetts Association of Realtors, showing that the number of single-family homes put under agreement in November rose for the seventh month in a row compared to the same time in 2010. Condominium pending sales are also up from the same time last year.

I have been working with a buyer for the past few months and last week he contacted me to view four listings he has been watching, and three of the four were already under agreement! I had a hunch that these amazing values wouldn't be available much longer. As a matter of fact, I just helped buyers in Concord get an amazing value on a house within walking distance to the center. There are still great deals out there, just don't wait too long. We shall see what 2012 brings but I think we will see a more stable market. For more on key market indicators and their progress, check out Housing Market Predictions for 2012 from CBSNews.

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