More demand than supply and concern about the potential rise in interest rates were some of the reasons for the up-tick in closings this September compared to last year. According to the Massachusetts Association of REALTORS® (MAR) President, Kimberly Allard-Moccia, it is difficult to predict how the market will do in the coming months. With the confusion of the government shutdown and unresolved budget, as well as the changes in the National Flood Insurance Program the coming winter months could bring a slowdown. However, "what we need now to get to full recovery is for those sellers who are holding off, to make the commitment to sell." Listen to this very informative podcast discussion from Allard-Moccia who touches on the future of housing in Massachusetts and changes in the Flood Insurance Program and how it could affect some properties throughout the Commonwealth.
Our Jones Team of 58 REALTORS® shares a wealth of knowledge in weekly meetings and through company functions throughout the year. With over 55 years of providing real estate services throughout the Upper Pioneer Valley, you can be sure that every complicated transaction has been solved using our local experience and expertise resulting in success.