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Tom Lynch's Blog

By Tom Lynch | Agent in Great Barrington, MA

SALES IN THE BERKSHIRES - 2010 vs. 2009

Just last week the Berkshire Board of Realtors issued a press
release that 2010 residential sales outpaced sales in 2009.  The total
dollar volume recorded was 18% higher than the previous year.  The
number of units sold was up 6% to 876 single family homes. This
increase, coupled with a slight increase in median sale price is a
positive sign for our housing market.  When looking at residential
sales in a month-by-month comparison, they consistently exceeded the
previous year.  This indicates that the market continued to improve,
even after the $8,000 first-time home-buyer tax benefit expired.
These market improvements were not excessive, so the forecast that our
housing recovery will span several years is probable, and indicates
we’ve clearly turned in the right direction.

Now is a very good time to invest in the Berkshires.

Looking forward to a terrific 2011!

Tom Lynch
Associate Broker, Massachusetts and New York
Berkshire Property Agents
12 Railroad Street
Great Barrington, Massachusetts 01230

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