Search MA Real EstatePositive signs for the real estate market
February 23, 2010
According to the Warren Group, 2010 is starting with some positive signs for single family homes selling in Massachusetts. January 2010 prices for homes sold in Massachusetts sold for 9.6% more than homes sold in January 2009. This is the second month in a row that prices have risen about 10% compared to the previous year. This rise has increased the Massachusetts median single family home price to $285,000.00 from $260,000.00. Â The volume of homes sold rose nearly 12% going from 1926 to 2153 units sold compared to January 2009.Similarly Massachusetts January 2010 condominum sales rose as well. Condo sale prices increased nearly 17% rising from $209,900.00 to $245,000.00 compared to January 2009. Read more
Sold! 35 Queensberry Street. #2
April 5, 2009
Sold! Affordable one bedroom with over 500 square feet of living space in Boston’s Fenway neighborhood. Hardwood floors throughout. High ceilings. Spacious kitchen with gas range, dishwasher and ample counter space. Bath with clawfoot tub. Brand new energy efficient windows recently installed! Quaint building on tree lined street located in the West Fenway. Close to shopping and public transportation. Offered at $252,000.00. More photos….. Read more
Tax Credit expires! 12/09
February 25, 2009
The new 2009 tax credit has been a great incentive for first time home buyers but it expires at the end of the year. The credit is maxed at $8000 and it never has to be repaid. In comparison, the 2008 tax credit was for $7500 but had to be repaid over 15 years. The 2008 credit seemed to have a luke warm reception from potential purchasers. Those that did take advantage of the 2008 plan must be a little upset considering this change would have put free money in their pockets. I wouldn’t be surprised to see some exemption to this. Home buyers now have three strong incentives to get into the market. 1. Low interest rates. 2. Low home prices (2002 levels). And 3. An $8000 tax credit from Uncle Sam. See details on the credit below.
- 2009 First-Time Home Buyer Tax Credit Fact SheetÂ
- 1. New buyers: The tax credit included in the economic stimulus is equivalent to 10 percent of the purchase price of the home–although it’s capped at $8,000–and applies only to first-time home buyers and principal residences. Buyer’s who haven’t owned a home in the previous three years will also be considered. But unlike the 2008 $7,500 home buyer tax credit, this one does not have to be repaid. Read more
Is MA real estate a solid investment?
November 2, 2008
Is real estate still a good investment? Recently I have had similar conversations with people encircling the real estate and investment market dilemmas. The stock market is down. The real estate market is down. The banks aren’t paying much on savings accounts or CD’s. Where should you put your money? Would you be surprised if real estate seems to be the consensus?  I am a little biased but someone gave me an interesting analogy a few days ago. He said, ” If I drive by my rental property and one of the shutters is hanging off the side of the house, I can fix it and physically improve my investment. If the wheels fall off my mutal fund, I have no control of who may drive it into the ditch.” I think the real estate market will stabalize much faster than the stock market for the same reason. With real estate you have control. Read moreMarketing MA Real Estate
October 16, 2008
Five Point Marketing:Â In all the years I have been involved in real estate I have strongly expressed the need for a plan when maketing real estate for sale. Anyone can stick a “for sale” sign in the yard. In a hot market, sometimes, that’s all you need to do but most homes don’t sell to the first person who walks through the door. Therefore, you need plan. Not a plan after the property has been on the market for a month.. or three. A plan from day one. Read moreRoof shingle color of your MA real estate
September 23, 2008
Replacing a roof is a costly project. Asphalt products, being the most widely used,  can range from $75 - $175 per square foot installed. They are available in either traditional 3-tab shingles or thicker laminated “architectural†shingles. Read moreNo-Nonsense Guide to Home Buying - 12 Steps to Success
September 8, 2008
by Brandon Cornett
In the last few years, the process of buying a home has been altered by the so-called mortgage crisis and the continued evolution of online real estate tools. So in this article, we will take a fresh and modern look at the process of buying a house. More specifically, I will outline the general process in twelve clear steps. Read moreBoston Apartments | MA Condos
May 28, 2008
Fenway 1 bed on tree lined street. Hardwood floors. Heat & Hot water included. $1100.Available 9/1/08 *RENTED*Fenway 1 bed in excellent condition. Central HT & Air. Dish/Disp. $1650Availble 9/1/08 Parking available. *RENTED*Fenway 5 bed 2 bath duplex. Dishwasher /Disposal and large patio! 1 parking included. More available.$4000 Available 9/1/08 STILL AVAILABLE!!Price reductions at 448 Park Drive.
May 15, 2008
The three condominums we have for sale at 448 Park Drive have a price reduction. The top floor 2+ bedroom penthouse has been lowered to $415,000.00.(under agreement) The third floor 2+ bedroom has been lowered to $382,000.00 (under Agreement) and the five bedroom duplex has been lowered to $550,000.00. View listings. Call Randy Tibbetts at 617.233.2103 to schedule a showing or reqquest more information. randy@newengland1.comWhich way do you face your fence?
April 11, 2008
Being a MA real estate broker, I am extra critical of other brokers and the advice and expertise they give. I recently was looking at a home for myself when I asked the broker, “who owns the fence” that separated the properties. The broker replied it was the neighbor’s fence because the good side of the fence was facing the property I was looking at. I asked why that mattered and she said, Read more
