GOOD REAL ESTATE NEWS & MORE NEWS The first quarter of 2007 is now history and provides us with some good news for the Single Family Homes sales in Andover & North Andover. Sales volume for single family homes in the first quarter of 2007 increased by 15.5%. With respect to condominium sales the same did not hold true, in the first quarter 2007 sales volume was off 19%. But the good news on all segments of the market places is the actual selling prices were relatively stable across the sectors.  So clearly the market place is going through an increase in sales volume along with a stablization of prices. And historically, we also think the latter part of 2005 and 2006 will be looked back and called the "adjustment phase cycle."   We are of course hopeful that with lower inventory levels and lower long term interest rates the upcoming quarter should bode well for this initial upward trend in sales volume to continue and get us through to a "post stabilization" phase.   This data is drawn from www.massnear.com.   We welcome your input, feedback or suggestions as to what you would like to see included in these newsletters.  And please forward this and share it with your friends.   Quote for your thought.... "There's a difference between knowing the path, and walking the path."  Morpheus Bill Buck - Broker/Owner The Stone Wall Real Estate Professionals 77 Main Street Andover MA 01810 (978) 475 0077 x202 Fax: (978) 475 9131 Cell:  978 815 1336 bbuck@stonewallre.com Bill Buck Broker/Owner x202 Paula Bishop Sales Associate x203 Susan Donahue Broker Associate x205 Karen McEvoy Sales Associate x207 Open Houses May 6th   North Andover Heritage Green Condominium nestled in a very quiet location, 2 Bedrooms, Livingroom to Balcony.....$179,900  Open Sunday 1-3 PM  14 Edgelawn North Andover    Spacious Ranch...  has updated Granite   Kitchen, Central Air, Two  Car Garage on over  1 Acre...Only $449,900    Open Sunday May 6th  12:00 to 1:30 PM  110 Haggett's Pond Road,  Andover   Andover's Best Value... Over 3,000 Square Feet, Granite Kitchen, First Floor Master Bedroom Suite, Garage, Very Private   $529,900 Open Sunday 2 to 4 PM  32 Michael Way, Andover        A True Masterpiece!!  This 5,500 Square Foot  New Construction is one  of a kind. Open Sunday  May 6th 1 to 3 PM   10 Cullen Circle, Andover      Current Market Data  As you can clearly see (from the data below) the local Andover, North Andover real  estate market place is quite active. With almost 20 properties going under agreement  and over 30 sales in just this past weeks time frame, it is quite evident that with lower  interest rates and proper pricing things are happening. When we reference 'proper  pricing', that is exactly how The Stone Wall Real Estate Professionals can provide  their expertise, market knowledge and guidance to help you with the sale of your  property.

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