BELCHERTOWN, Mass. (WWLP) – The Spring season typically brings out the best in the housing market. But other businesses also benefit from a bump in home sales.
Not many people can buy a home in the Spring, and then move in, without making a stop at a hardware store or garden center.
Spring is the time of year when hibernating winter home buyers flood the market.
According to a new report, home sales are up 9% in the Pioneer Valley compared to April of last year.
Janise Fitzpatrick is the Manager of Jones Group Realtors in Belchertown. She told 22News, “Definitely the inventory is increasing. I think they feel they have more choices now. Yeah, it’s still a great time to buy a house.”
A a booming housing market is good for other businesses.
Foster Ferrar on King Street in Northampton has the paint cans, fixtures, lumber and lawn care supplies you’ll need to make a new home…’YOUR’ home.
Most of our sales come from about the middle of April through mid-July. Then we run into a little lull during the Summer and things start to pick up again once the leaves start to fall,” said Paul Czapienski, the Co-Owner of Foster-Ferrar.
With more homes selling in the nicer weather Foster Ferrar wants to remind people that one of the first thing you should do is change the locks when you buy a new home. You don’t who has the keys and how many of them there may be.
They see about a 10% increase in business every Spring.
Brian Dupee, the store’s Lockshop Manager told 22News, “Always a dead bolt. If nothing else a deadbolt on every door that you can because that’s just much harder to break into.”
The home sales report shows a drop in sales in every county in the Pioneer Valley, except Hampden County, where sales shot up nearly 15%.
The median price for a home here in Hampshire County is up more than 14%.