Bargain-Hunters In Luck
What can you get in Massachusetts for between $100,000 and $200,000?
Apparently a lot more then you could a year ago.
Last week, I wrote about how million-dollar-plus single-family home sales sank in the first quarter compared to a year ago.
Not so with sales of lower-priced homes in Massachusetts.
The number of single-family homes priced between $100,000 and $200,000 has climbed 20 percent.
Roughly 1,660 homes in that price range traded from January through March, up from about 1,380 a year earlier.
Foreclosures have put downward pressure on prices, so that has probably contributed to this trend.
In fact, at least one-third of the homes in that price range were sold by either a bank or mortgage company.


