“New England Business News buying a home in Massachusetts continues to be an economic lesson in supply and demand.

“We're seeing more inventory coming on which at least is giving the buyers who are out there in the market some more options to choose from.” Steve Medeiros, President of the Massachusetts Association of Realtors, which reports record lows for inventory and record highs for price.

“We are seeing a very busy competitive spring market this year as more buyers into the market and sellers a feeling a little bit more comfortable putting their home on the market.”

$485,000 that is now the median price tag for a single family home up 17%. from last year, condo prices close behind also at a record high.”