Monday, January 10, 2011

New Construction Underway!







The Lorden-Stanton project on River Road in Pepperell is coming along. Second house lot is framed, roof is on and windows are in place. Other than 100 feet of snow, things are going along smoothly! Looking at 45-60 day delivery, call if you would like floor plans and specs!

Other lots available.

Monday, January 3, 2011

First Time Buyers Take Note!

Some promising news regarding real estate trends...Pending home sales rose again in November 2010, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator, rose 3.5% to 92.2 based on contracts signed in November from a downwardly revised 89.1 in October. It is crucial for first time home buyers to enter the market and capture these conditions. Affordability is key.

Lawrence Yun, NAR chief economist, said historically high housing affordability is boosting sales activity. “In addition to exceptional affordability conditions, steady improvements in the economy are helping bring buyers into the market,” he said. “But further gains are needed to reach normal levels of sales activity.”
RISMEDIA, January 3, 2011—