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The rebound began this spring here and post-Labor Day interest bodes well for the autumn. “We began to see some life in the old gal in April,” says Saul Cohen, president of Hammond Residential GMAC Real Estate in Chestnut Hill, referring to the real estate market.
In the city’s up-and-coming South End, it’s been the busiest summer in nine years for Coldwell Banker Associate Jamie Curtis, whose sales include two condos and a townhouse — each priced at just less than $2 million — that went under agreement in only a month.
Statewide, sales were up 12.7 percent in July, the first year-to-year increase since December. Condo sales also rose for the first time since August 2007.
In early fall, attendance at open houses continued to be strong, which Debi Benoit, a vice president with Coldwell Banker in Wellesley, says is encouraging.
Cohen believes consumer confidence is growing stronger. “Well-priced properties seem to move right along,” he observes, which is a good indication that there are potential buyers who are very well aware of what values are and are ready to make decisions.
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