Real estate market update, real estate sales, statistics & insightWe’re a big fan of economists Karl Case and Robert Shiller and the work they do compiling data about the U.S. real estate market.  Their data as of November 2012 in the S&P/Case-Shiller Home Price Indices shows interesting trends in the recovery of different metropolitan area real estate markets — in most cases, the areas that were hit the hardest in the decline of the real estate market have shown the most dramatic recovery.  Overall, the real estate market in Tewksbury and surrounding towns has suffered losses less dramatic than many areas and is now showing signs of recovery.
If you’re curious about where any particular property in our area is poised relative to local market trends, let us know — we would be happy to provide you with this analysis which is invaluable if you are either buying, selling, or just trying to determine the current and projected market value of a particular property.