December 11, 2012
Pending Home Sales Keep Rising In Mass.
By Rick Saia
Pending sales of single-family homes and condominiums rose for the 19th straight month in November, showing continued optimism for the housing market, according to the Massachusetts Association of Realtors.
The number of single-family homes placed under agreement for sale was up 28.2 percent last month compared with November 2011. Meanwhile, the number of condominiums placed under agreement rose 28.5 percent.
"In spite of the election … and continual talk since then of the 'fiscal cliff', buyers maintained optimism and continued making offers to purchase homes," said association President Trisha McCarthy.
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