EagleTribune.com, North Andover, MA


September 13, 2013

City home values jump 25 percentin the last year

Real estate observers: Low inventory behind rapid value gains


Mayor James Fiorentini said the new real estate figures are great news and show Haverhill is moving in the right direction.

“I’ve always thought Haverhill was undervalued and that people don’t realize how good we are,” he said. “These numbers show the word is getting out there.”

Fiorentini said he hopes the real estate uptick will help attract young home buyers to the city. He cautioned, however, that people shouldn’t get overconfident about a seven-month study.

“It’s not long a long enough time to get too confident,” the mayor said. “But it’s a great trend and we hope it continues.”

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