LAER Realty Partners, Massachusetts Q1 Housing Report

Across the market we are seeing bidding wars and lack of inventory as Under Agreement properties are up by double digit percentages in every county we studied in this report. Based on early market results, 2016 will be an uncharacteristically busy year if there’s inventory to sell. As is always the case, sellers will typically sell when the price is right, however those same sellers will feel the wrath of this fast paced sellers market if they choose to buy another home as is typically the case. The sharp increase in numbers year over year in this study is very much a byproduct of the very bad winter in 2015 where the unprecedented snow slowed the market, followed by this year, with the spring weather that started in January. This year will be less dependent on election squabbles and more reliant on seller preferences. If sellers are ready to move, there are buyers standing in line for their percentages.

About LAER Realty Partners

Created in 2014, LAER Realty Partners is the third largest real estate company in Massachusetts, with more than 400 agents in 22 locations throughout the state. LAER Realty Partners provides residential and commercial services, with specialized short sale and relocation divisions. LAER Realty Partners is led by Owners Stacy Alcorn and Andrew Armata, who have more than 30 years of professional experience in the industry. For more information about LAER Realty Partners, visit the LAER Realty Parnters website at www.laerrealty.com.