Thursday, April 11, 2013

Housing Market in Hampden County Continues to Recover. Home Sale Prices Up by 11% - Foreclosures Down by 72%

The average home sale price in Hampden County increased from $142,320 in the first quarter of 2012 to $158,390 in the first quarter of 2013, an 11% increase. Foreclosures decreased by 72% from 248 in the first quarter of 2012 to 69 in the first quarter of 2013. The number of deeds recorded in the County during the same period went from 1,943 to 1,975, a 2% increase.


Register Ashe stated: “The 2013 first quarter numbers are positive and indicative of an improving economy. The March 2013 average home sale price increases over the prior year were most encouraging in the cities of Springfield from $93,927 to $107,178, Holyoke from $133,400 to $150,754 and Chicopee from $142,753 to $150,065”.


Register Ashe also stated: “Rising home prices, strong job growth and new construction is propelling the economy forward; however, the automatic reduction of spending by the federal government (sequestration) may have a negative impact on an improving economy”.

1 comment:

  1. How about the MERS situation....how do we find out who really owns our mortgages...Does the Hampden County Registrar find these faulty MERS mortgages like John Obrien in s Essex County or do you just let the Banks have their fraudulent ways ? Last time I was there nobody knew who owned my mortgage...MERS shadow Registry as nominee who can say anybody they want owns it.......Take a Stand!!Are you the correct Land Records recorder? or is MERS?
    Angry, TA

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