Economic Drivers

What drives the economy in Massachusetts? Health care and education drive the economy in Massachusetts, according to today's Greenfield Recorder. What does the Pioneer Valley have times five? Education! Higher education to be precise, i.e., Holyoke College, Smith College, Hampshire College, Amherst College and University of Massachusetts at Amherst. According to the article, these factors tend to remain stable in an economic downturn. In other words, the Pioneer Valley and hilltowns are less impacted by the economic woes the rest of the country is experiencing. Other facts support this conclusion. For example, the housing market in our area is doing fine, and local unemployment statistics are better than the national average. Granted, gas prices are high, but not as high as other places. Why am I talking about this? Because real estate is local. I am a real estate consultant. My expertise is to know local real estate so my clients can make informed decisions regarding the most important asset they own (their home). Call me at 978-846-7398 if there is anything regarding real estate you'd like to know. I'm here to help!