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Posts from April 1st, 2015

Bain Real Estate - Market Update

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April
1

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Dear Neighbor,

SPRING? Yes, the vernal life is slowly emerging after that oh so snowy and long winter.

And over the last 12 months we have seen the same slow season-like change in the real estate market. Many of the properties under pressure from the economic turndown are being sold leaving more market valued homes to compete for buyers.

Nationally the growth of values in many regions is palpable. The Northeast has been slower than other parts of the country and locally the values are tightening.

Selling time has dropped to 6 months (5-7 months indicates a normal market). W...

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