Lexington has landed in the Top 10 Massachusetts Cities & Towns with home sales over $1 Million.
According to Banker & Tradesman of The Warren Group, home sales at the high end of the Boston area real estate market have increased significantly over the past few months.
According to Banker & Tradesman of The Warren Group, home sales at the high end of the Boston area real estate market have increased significantly over the past few months.
Coming in at #3 on the list of high end home sales, (just below Wellesley and Newton), Lexington has had 44 home sales over $1 Million so far in 2010.
This represents a 76% increase in $1 Million homes sold over 2009.
In 2009 only 25 homes were sold over $1 Million.
The decline in the jumbo mortgage rate has helped the high end buyer obtain more reasonable interest rates. Currently a 30 year jumbo loan with 20 percent down payment in the Boston area hovers around 5%.
Theresa D'Antuono
Lexington MA Real Estate Agent
Lexington MA Homes For Sale
Search Lexington MA Area Homes For Sale
View Our Lexington MA Facebook Page for Current Events and Area Resources!
This represents a 76% increase in $1 Million homes sold over 2009.
In 2009 only 25 homes were sold over $1 Million.
The decline in the jumbo mortgage rate has helped the high end buyer obtain more reasonable interest rates. Currently a 30 year jumbo loan with 20 percent down payment in the Boston area hovers around 5%.
Theresa D'Antuono
Lexington MA Real Estate Agent
Lexington MA Homes For Sale
Search Lexington MA Area Homes For Sale
View Our Lexington MA Facebook Page for Current Events and Area Resources!
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