If you think Massachusetts home prices are high now, just wait until next year!
The median sale price of Massachusetts homes could hit $355,000 next year, up from just under $325,000 during the first ten months of 2013, Tim Warren, chief executive of The Warren Group, predicts in this Globe piece.
So what's the big deal? Well that would actually bring local home prices back to levels not seen since 2005, during the peak of the housing bubble.
As you may or may not recall, 2005 was a great year to sell a house, but not so much to buy one.
Mary Crane, Realtor
Century 21 Commonwealth
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