As shown in our June Register's Report, the 977 deeds recorded in June show a steady pace of improvement to the Plymouth County real estate market through the first six months of 2014. There have been 3,923 deeds recorded so far in 2014 as compared to 3,785 deeds recorded at this point in 2013. That modest 4% increase is a significant and continuing trend that should carry through for the remainder of 2014.
The number of foreclosures continue to decline across Plymouth County and with our average sales prices up 9%, it is expected more homeowners will begin thinking about making a move to list their properties. A lack of inventory of properties listed for sale and a continuing hesitancy for new home purchasers to enter the marketplace is seen by many to be holding back a greater and faster recovery.