Interest runs high for Port homes was published by Newburyport Daily News on May 22nd, 2012 and discusses Newburyport Real Estate . Interest in Newburyport Real Estate is absolutely on the rise! Homes priced in under $450,000 has become a very competitive market here in town. If the property is priced properly and in good condition it will move faily quickly. There is little inventory under $400,000 and if you are interested in trading up from a $400,000 home to over $500,000 – now is a great time.
Excerpt of “Interest Runs High For Port Homes “
NEWBURYPORT — The demand for single-family houses may not be rebounding to the off-the-chart levels of a half-dozen years ago, but the term “bidding war” has recently been invoked in local real estate circles.
Sales professionals say that some properties are getting multiple bids, which would indicate a comeback from where prices were before the economy began constricting.
Interest in living in Newburyport appears to be strong, and the sales climate in 2012 has improved — though the appreciation of individual houses has not risen.
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