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July 10, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Franklin, Massachusetts

Reported by Winston Ho, REALTOR, ABR, ePRO

Updated April 24, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

There has been a surge in buyer activity, especially fist time buyers, in the first quarter. The $8k tax credit seems to be having a big impact! Prices show signs of stabilizing, although it may be a bit too early to tell. Days on market is still around 6 months. Overall, there are very encouraging signs the market is making that turn. For buyers taking a wait and see attitude, now is the time to act while the prices are still down and interest rates are hovering low.

ZIP Code: 02038

Approximate Location Boundaries: Bellingham, Medway, Norfolk, Wrentham

Location Characteristics: Population: 29,560 (2000 Census).

Geography: Located in southeastern Massachusetts bordered by Bellingham to the west, Medway and Millis to the north, Wrentham and Norfolk to the east. Served by major highway I-495 and commuter rail to Boston. Franklin is 30 miles southeast of Worcester; 40 miles southwest of Boston; 30 miles north of Providence, Rhode Island

For More Information:

View Market Conditions of other areas served by Winston Ho

Navigate: Top > Massachusetts > Franklin

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.32%
15 Year Fixed: 4.69%
1 Year Adj: 4.82%
(U.S. Weekly Averages)

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