real estate

Realtor confidence up in Mass.

Posted 2/17/12

WALTHAM, Mass. – Realtor confidence in the Bay State housing market increased in January compared with the same period last year, the sixth straight month of year over year increases, according the Massachusetts Association of Realtors' Market Index.

The Market Index, which asks Realtors to gauge the strength of the market on a scale of 1 to 100, scored 31.9 in January, up from 20.1 in January of 2011.

Over 90 percent of Massachusetts Realtors surveyed for the monthly Market Index report said they expected the number of homes sold in 2012 to either stay the same or increase from 2011, the Realtors Association said.

“There was a nice jump in Realtor confidence about the January housing market compared to the same time last year,” said Realtor's Association President Trisha McCarthy, broker at Keller Williams Realty in Newburyport. “As long as we can continue to see increases each month, we have good reason to be optimistic about an eventual recovery.”

While Realtor confidence continued to rise, the Realtor's Association Price Index continued to fall in January, dropping to 46.0 from a score of 46.7 in January of 2011.

Calendar
PBN Hosted
Events

Two Great Programs...One Great Event. PBN's Annual Celebration of Growth and Innovation is now underway. 2014 applications are now available. Deadline August 1st.
  • 40 Under Forty
    We're almost sold out. The 10th Anniversary of 40 Under Forty, and PBN is planni ...
  • Healthiest Employers
    See who the Healthiest Employers in RI are! And save the date - August 14th - at ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement