Massachusetts home prices stand to benefit as the surprising MA economy is recovering quickly from the national recession. The Boston Sunday Globe announced today that “Massachusetts is poised to recover from the economic downturn sooner and faster than the nation as a whole . . .”
Prices of Massachusetts homes for sale to rise?
Prospective home buyers should not expect any significant declines in MA home prices in coming months. The risk for home buyers sitting on the sidelines would seem to be the potential for future home price increases.
The front page Globe article cited findings from economic analysts that “signs of an earlier recovery are already emerging in the state as employment losses slow to a crawl, leading sectors add jobs, and the housing market rebounds.”