The Jack Conway Real Estate Company just released figures showing their sales put under agreement during November were up by an amazing 42-percent over the same month a year ago.

The sales included units sold in the 42-office Eastern Mass. chain, including sales in the Commercial and Foreclosure sales departments.

The figures were announced by CEO Carol Bulman and seemed to substantiate Chairman Jack Conway’s optimistic prediction that sales in 2011 will be up 25 percent over 2010.

Sales Executive Dick Cahill stated that, “Customers are responding to the market with a lot more confidence than in prior months.”

Rosemary O’Neil, head of Conway Home Mortgage added, “Programs and record low interest rates are really helping us to ring the bell.” O’Neil added that November home mortgage originations were almost double from the same period a year ago.

“All in all,” stated Chairman Jack Conway, “Those figures indicate that the hard crust on the market is beginning to crack. The next move will be more activity on the part of speculative builders.”

Jack Conway, Realtor, which began its business in a Hingham storefront in 1956, is now one of the largest independent real estate companies in Massachusetts. The firm has 42 sales offices specializing in South Shore homes for sale, 700 agents and its own lending arm, Conway Home Mortgage, a joint venture with Wells Fargo.

No related posts.