DECEMBER RESULTS

Homes sales in MA were ups 3.2% in December when compared to last year. This was also the third straight month of increase total single family homes sold. Although the median price did drop, this may be the bottom as the rates are now dropping. Buyer demand seems to be resurfacing as there is also a first time buyer's tax credit of $7,500.00

MORTGAGE RATES

Rates are down to the 5% level with no points on a 30 year fixed...the wait is over.