New England Properties: January 2011

Taunton MA house prices and quick market analysis

Taunton MA house prices and market analysis

Currently there are 182 single family homes on the market- 43 of them are bank owned or short sale homes.

There are 51 Multi-family homes on them market- and 19 of them are bank owned or short sale homes.

13 homes sold in January 2011- Average sales price of $219,000 which is down from last January

January 2010- there were 13 homes sold as well, however, the average sales price was $249,000.

A price decline of $30,000 on average

Of the 13 homes sold, a surprising number is that the number of bank owned and short sale houses sold is just 2!

 

The experts indicate another flurry of foreclosure inventory set to hit the market by spring.. as always, foreclosures place downward pressure on market prices.

If you would like to sell your property, it is best to list the home for sale now, waiting until spring will be more competitive. Buyers are out in the winter, they are the serious buyers.

 

 

 

 

For Your Ultimate and Complete home search go to http://www.southeastmahomes.com

 

Lori Lincoln
Keller Williams Realty
508-878-0917
Search Thousands of MLS listings for Taunton,Rehoboth,Lakeville, Assonet,Somerset, Raynham, Easton and more! Certified Distressed Property Expert Home Specialist in MA
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 Taunton Massachusetts Real Estate

Needham, MA Commute Next Week - Just Kidding!!!!

 Needham, MA Commute Next Week Just kidding!!!!!!

I am just doing this for fun but we are close to it here in Needham, MA  We could be there this week with the next storm predicted for Wednesday.  This is an unbelievable year for us.  The good thing is that it did not come all at once.  My husband promised me that he would come back and dig us out of the bottom of the driveway after the sidewalk plow buries that end of the long driveway.

Last night I got stuck in the driveway of a potential client's driveway.  He fortunately had sand to help me escape from being stuck.  This year is one for the books.  We are at record snow fall proportions.  I feel bad for the poor mail person. 

It is time for the serenity prayer

God grant me the serenity
to accept the things I cannot change;
courage to change the things I can;
and wisdom to know the difference.

 

Unique Wine Cabinet Cabinet Every Home Should Have

Unique Wine Cabinet Every Home Should Have

Wow this is certainly unique.  I am not even sure if it exists but it is interesting.   It has been referred to as a medicine cabinet and great selling feature.  This goes beyond the wine cooler/refrigerator.  You are probably wondering where this came from.  So am I and it might just be a creation in someone's mind and a lot of food for thought.  Anyone recognize it? or do you have a listing or have you had a listing with this feature.

Follow the series of photos pretty neat I think.

 

It is a wine cellar

With all the snow storms we have had this might a dangerous feature to have in your home.  What do you think?  Speaking of snow I believe we have another 12 inches since yesterday's storm and expect another next Tuesday.   I shudder to think of what my snow plow bill will come to.

 

It would be great for entertaining and just for conversation.  Do you think it exists or is a fabrication?  The kitchen does not look to elaborate for this very fancy wine cellar?

I think the mouse is cute too.  Do you think it is in a home in the US or outside the country?  These are  Just some interesting questions to pose here.

 

How about this?

2 Leman Ln Hopkinton MA. Indian Brook TownHome for sale

Indian Brook TownHomes, Hopkinton MA


Overview
Maps
Photos
Video Tour
Market Stats



















$269,900
Condominium
Main Features
2 Bedrooms
1 Bathroom
1 Partial Bathroom
Interior: 1800 sqft
Location
2 Leman Ln.
Hopkinton, MA 01748
USA

To get updates on open home dates and other property events, please click the "Like" button below:


John Savignano

John Savignano

RE/MAX Executive Realty
(508) 625-0059
johnsavi@MetrowestareaHomes.com
http://www.Metrowestareahomes.com

       


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John Savignano RE/MAX Executive

MetrowestareaHomes.com  

johnsavi2002@yahoo.com

If you are thinking of a real estate move, let me show you how my 24 years of real estate success can save you thousands! Call John at 508 625-0059.

Servicing the Metrowest Towns of Hopkinton, Holliston, Ashland, Southboro, Westboro, Milford,Medway Franklin, Grafton and Natick.

 

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Wordless Wednesday: Winter Sunset...

Winter Sunset

 

 

If you are thinking of Buying or Selling Real Estate in Maine, contact The Hershey Home Team!  Or visit our website at http://www.OwnInMaine.com for current listings, market reports, community info, Buying/Selling Tips and more.  We can help anyone looking to buy or sell Real Estate in beautiful MidCoast Maine!

 

For more information on Maine Real Estate, call The Hershey Home Team at 207-319-5135!

 

 

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Bedford MA Real Estate - Market Report for 2010

 

Bedford MA Real Estate - Market Report for 2010

In order to keep my clients on top of the Bedford, MA real estate market, I am happy to provide monthly/yearly market statistics for single family homes sold for Bedford. If you would like any additional information please email at pldowcett@gmail.com or call 978.302.3988.

Bedford MA Market Overview 2010The 2010 housing statistics breakdown for Bedford was that there were 85 single family homes sold in 2010 between $256,500 and $1,235,000. There were 75 homes sold in 2009, this was an increase of 10 units.

  • Average List price: $646,000
  • Average Sale price: $623,000
  • Average Market time: 65 days

Comparing 2009 there were 75 homes sold in Bedford, MA between $225,000 and $1,200,000. Overall Bedford's market improved in 2010.

  • Average List price: $598,000
  • Average Sale price: $581,000
  • Average Market time: 69 days

Below is a good overview of the Bedford, MA market over the past 10 years.
10+ Years of Single Family Average Price History
2000 - 2010 + Q4

Bedford MA Market Overview 2010

I am hopeful that 2011 will bring a revived economy and a stable housing market. I look forward to welcoming in the new year and assisting you with all your real estate needs in 2011 and beyond.

I provide professional real estate services for both buyers and sellers including market advice, relocation, and comparative market trends and analysis for the following areas: Concord, Bedford, Carlisle, Lexington, Chelmsford, Woburn, Billerica, Arlington, Acton, Sudbury, Maynard, Littleton, Stow, Groton, Harvard and all surrounding towns.

Peggy Dowcett, Realtor®

Office: 978.369.1000 | Cell: 978.302.3988 | pldowcett@gmail.com

Visit my MA Real Estate Blog or Follow me:

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Indain Brook TownHomes, Hopkinton MA -Video Tour

 

John Savignano RE/MAX Executive

MetrowestareaHomes.com  

johnsavi2002@yahoo.com

If you are thinking of a real estate move, let me show you how my 24 years of real estate success can save you thousands! Call John at 508 625-0059.

Servicing the Metrowest Towns of Hopkinton, Holliston, Ashland, Southboro, Westboro, Milford,Medway Franklin, Grafton and Natick.

 

Best relocation and expatriation news

Concord MA Real Estate - Market Report for 2010

Concord MA Real Estate - Market Report for 2010

In order to keep my clients on top of the Concord, MA real estate market, I am happy to provide monthly/yearly market statistics for single family homes sold for Concord. If you would like any additional information please email me at pldowcett@gmail.com or call 978-302-3988.

Concord MA Real Estate - Market Report 2010There were 159 single family homes sold in 2010 between $275,000 and $2,850,000. This was an increase of 23 units there were 136 in 2009.

  • Average List price: $908,000
  • Average Sale price: $863,000
  • Average Market time: 109 days

Comparing 2009 there were 136 single family homes sold in Concord, MA between $330,000 and $3,000,000.

  • Average List price: $1,002,000
  • Average Sale price: $932,000
  • Average market time: 149 days

 

Below is a chart showing Concord, MA 10+ years of Single Family Average Price History
2000- 2010 + Q4 2010

 

Concord MA Real Estate - Market Report 2010

I am hopeful that 2011 will bring a revived economy and a stable housing market. I look forward to welcoming in the new year and assisting you with all your real estate needs in 2011 and beyond.

I provide professional real estate services for both buyers and sellers including market advice, relocation, and comparative market trends and analysis for the following areas: Concord, Bedford, Carlisle, Lexington, Chelmsford, Woburn, Billerica, Arlington, Acton, Sudbury, Maynard, Littleton, Stow, Groton, Harvard and all surrounding towns.

Peggy Dowcett, Realtor®

Office: 978.369.1000 | Cell: 978.302.3988 | pldowcett@gmail.com

Visit my MA Real Estate Blog or Follow me:

Facebook Button       Linked In


 

Strategic Short Sales

Home UnderwaterWith almost 23% of the homes in a negative equity position nationwide, it leaves many homeowners that are not in a financial hardship wondering why they are paying on a home that is worth significantly less money than what is owed on it. Some homeowners are deciding to walk away from their homes. When a homeowner makes a decision to stop paying their mortgage without a financial hardship and let the bank foreclose or do a strategic short sale, this is called a strategic default.

Traditionally in the past, most banks would not consider a short sale with out a financial hardship. Some lawyers are arguing that anyone who has negative equity of 30% or more on their home are in a financial hardship. This really leaves us thinking that a financial hardship can be very subjective. Furthermore when banks start walking away from foreclosure or foreclosed properties themselves, it makes homeowners wonder why they are way overpaying for a house that no longer has the equity in it. Following are articles about banks canceling foreclosures or walking away from homes they own.

NY Times article on banks canceling foreclosures

Chicago Tribune article on bank walk-aways

When you read this articles, as an underwater homeowner, it makes you wonder why your not walking away. Let's face it, the banks are profit driven and if they are making a financial decision to just walk away, why wouldn't homeowners.

The question is why are the banks willing to not foreclose or walk away? The cost to foreclose and maintain the property or if the bank already owns the property the cost of maintaining it is greater than what the bank can sell it for.

So will the banks consider a strategic short sale? Some will and some won't. If a bank thinks you will walk away from a home and you will let them foreclose, they may consider a strategic short sale a better option. In a foreclosure the banks will easily spend an additional $35,000 to $50,000 dollars in legal costs to foreclose and the cost of carrying a home. It is a weighty decision for a homeowner to walk away from a home. Massachusetts as well as many other states is a "recourse" state. Meaning that the bank can take action to collect the difference that is owed between what the house is sold for and what is actually owed on the house. There are credit reporting ramifications, there can be tax ramifications as well as overall financial ramifications.

It is a decision that should not be taken lightly. At the end of the day, regardless of the outcome you may decide a strategic short sale or a foreclosure may be right for you.

reprinted from www.MerrimackValleyMARealEstate.com

 

 

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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.

Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury

 

 

 

 

Needham, Millis, MA Norfolk County Colonial Home For Sale $479,000

Needham, Millis, MA Norfolk County Colonial Home for Sale $479,000

 

Granite Estates

18 Granite St., Millis, MA

 

Millis is just a quintessential little town in Norfolk County.  It is about 20 minutes from Needham, MA. 

There is a Great Value in This Millis Home.  Searching for a dream home, this is it!

Amazing price and value for this young, spacious 9 room colonial home that is sited on 1.38 acres built in 2001.The 2-story foyer is very inviting.  There are wonderful features included in this home:  Large Master bedroom with a sitting area and master bath, central Air and central Vacuum, and a 2-car garage.  It is a in a great location too.  Family room has a stone fireplace, a ceiling fan and hardwood floors as well. 

There is an eat-in kitchen with stone & a ceramic tile floor, a balcony leads to a deck.

listed by Mariam Priesteley Coldwell Banker Residential Brokerage MLS 71042015