Newburyport Real Estate

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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Liz Ryan Loan Officer

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.