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.
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