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November 22, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Massachusetts > Lancaster


Market Conditions Summary for Lancaster, Massachusetts


Reported by

Judy Reynolds & the Evergreen Realty Team
as of 11/3/2008:
The price correction has been taking place for more than a year. The interest rate is still very attractive, and it means it is a good time to be a buyer. There are 45 homes on the market at the present time, which is an increase in inventory. The... MORE->
About Judy Reynolds & the Evergreen Realty Team

Reported by

Mark Kavanagh
as of 9/15/2008:
September 15 2008 The market continues to feel the pinch of the sub-prime woes, though the government takeover of Fannie and Freddy has positively affected mortgage rates. The market is looking a little slow in town with 5 properties under... MORE->
About Mark Kavanagh


Average Current Market Rating: 1.5    (2 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2    (2 ratings)




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Falling

Rising

Navigate: Top > Massachusetts > Lancaster


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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: 6.04%
15 Year Fixed: 5.73%
1 Year Adj: 5.29%
(U.S. Weekly Averages)

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