So I’m driving today and see the gas price at $2.77 on S. Maple St…. less than 2 hours later on the drive home it’s $2.79 – !…. It made me think about the buyers who know they want to purchase a home but haven’t started the mortgage process yet … the interest rate is not going to fall – it will only rise …. gone is the 3.5%. This week’s average on a 30 yr fixed rate mortgage is 4% according to Freddie Mac… Is it time to make a move? Contact me today to get you headed forward on the path to home-ownership! http://ow.ly/Ov2ll
This is great news for Pioneer Valley!
A snow-choked winter has given way to a strong spring for home sales in the Pioneer Valley. Sales of single family homes rose 16.2 percent in May. There were 438 homes sold in May, up from 377 homes sold in May 2014. The median price was down 2.2 percent from $205,000 to $200,470.
The full news release includes separate reports for Hampden, Hampshire and Franklin counties. The numbers by county will vary. View the full report.