The low number of new listings might be a result of the Easter Holiday weekend, but the high number of under agreements in a week that started with so much financial unrest is an impressive number. Personally, I was involved in a six offer situation on a single property which according to the Boston Globe, shouldn't be happening in this market.
The negative media persists, as we have to assume they will. Median prices are a sign of what happened 1-3 months ago, these numbers are what's happening now.
I am off for Good Friday and Easter, but hope to have more on Monday.
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