The July 18 Republican reports on the state of the local housing market:
Home prices slide in Pioneer Valley
Hampshire County sales were down 29.3 percent and the median price was $270,000, down 3.1 percent compared with the second quarter of last year…
There were 3,500 houses on the market July 1 compared with 3,300 a year ago and 2,000 back in 2005…
TMCnet: “Local home sales down: Buyers are ‘in the catbird seat'” (7/20/08)
The national economy — rising unemployment, gas and grocery prices — has put the brakes on home sales nationally, with the National Association of Realtors reporting that sales in May were down 15.9 percent from the same month last year.