New challenges for home buyers and agents alike
Spring is the season of renewal, and we are seeing definite signs of it in the Massachusetts housing market. We are also witnessing some fundamental changes in the home-buying process, specifically the dynamics of the buyer-agent relationship.
First, the encouraging numbers: over the first quarter of 2009, the majority of our markets are showing strong signs of recovery. And it is the first-time home buyers who are leading this surge, spurred by a large inventory of homes, affordable prices, historically low interest rates and the $8,000 federal tax credit.
* Full story available on The Metro West Daily News
