pendinghomesalesThe number of single-family homes and condominiums put under agreement in June increased for the second straight month compared to the same time in 2010, according to a recent report from the Massachusetts Association of Realtors (MAR).

The number of single-family homes put under agreement in June was up 9.28 percent to 4,758 compared to 4,354 during the same time last year. This is the first back-to- back increase since November and December 2010, according to a statement.

The number of condos put under agreement in June was up 8 percent to 1,826 units compared to 1,689 units in June 2010. This is the first back-to-back increase since March and April 2010.

"We continue to get positive feedback from folks who are committed to buying and I feel that is reflected by the two consecutive months of pending sales increases," said 2011 MAR President Laurie Cadigan, broker-owner of Barrett & Co. in Concord. "Affordability remains a strong theme in this market and hopefully more people, who can and want to, will decide to take advantage."

Mass. Pending Home Sales Rise For Second Straight Month In June

by Banker & Tradesman time to read: 1 min
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