Saturday, February 08, 2014

Annex Real Estate School: An Outlook Of The Quincy Real Estate Market

"Deja Vu" , from the French, lit "already seen".   It's been a cold and snowy winter.  Temperatures have been running below average and the snowfall totals are above average.  The local groundhog, Ms G at Drumlin Farm, has predicted 6 more weeks of winter. This is not a bright outlook, at least of the weather.

But what about the local real estate market? Local?  Are we talking about the real estate market in Quincy, Massachusetts or the Boston's South Shore?  Remembering the adage that 'all real estate is local', we'll concentrate in the Greater Quincy market, Quincy and its' surrounding cities and towns.

The outlook for Quincy's spring Real Estate market looks very promising.  The fall season closed out on a positive note with prices showing a positive trend and inventory and days on the market not becoming excessive.

Here, at Annex Real Estate School, the 2013 year also was good.   We can gauge the public outlook by the real estate students who want to enter the business.  The number of students in the Massachusetts Real Estate Salesperson classes held steady and their attitude has been very positive.  Annex Real Estate School is conveniently located in the Wollaston section of Quincy, MA.  The students came from the communities that you would have expected, Quincy, Milton, Weymouth, Braintree, Hingham, Hyde Park, Jamaica Plain, Mattapan, Dorchester, and Roxbury but also Pembroke,  Plymouth, Worcester, Springfield, Pepperell, and Cape Cod!   So how do you define local?

Last year, in February, we wrote about the outlook for the real estate market.  It may take a while for the temperatures to warm up, but here at Annex Real Estate school, we have a bright outlook.