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156 Green Street, Woburn, MA 01801 For Sale!

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Great Bones! Great Location! Excellent potential!  Welcome to 156 Green Street. Sure this home needs work, however it remains fully functional and provides a blank slate not only for cosmetics but for layout as well.  Whether work is done immediately or over time, there is equity to be earned!  The first level consists of kitchen, living [...]

Social Distancing and The North of Boston Real Estate Market Week 18

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We're taking a look at week 18 and the effect of social distancing on the north of Boston real estate market. Specifically Middlesex and Essex counties, for single-family homes and condominiums. Last week we had 2,893 homes available on the market which is an increase of 8% compared to what we saw the week before. New homes to hit the market only had a slight increase of 1%, with 801 homes. Pending homes jumped up to 53% compared to the week before with 834 homes now pending. However, last week's numbers dropped due to the fourth of July weekend and that was in line of what we saw before the holiday weekend. Overall last week, 29% of the homes did get absorbed through a pending listings which does show it is still a very strong seller's market. So the obstacle that we've been running into lately is appraisals. The market has been moving a lot quicker than what the comps are suggesting. A lot of comps show homes that sold within the past six months, some from January and February of this year. The market's moving a lot quicker than that and we're finally starting to see some of these under agreement homes actually close. Which will make it a lot easier for appraisals in the near future. We do expect more closings by the end of the month to reflect today's market. If you are looking to buy or sell in the north of Boston market feel free to give us a call at 617-275-3379!

Giveaway and Community Spotlight with Cherry Farm Creamery

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National Ice Cream Day is this Sunday July, 19th! We thought it would be fun to check out Kelly's favorite ice cream spot Cherry Farm Creamery in Danvers, MA.  We took advantage of this month's Community Spotlight and took a quick trip to sample some ice cream for ourselves!  Cherry Farm Creamery is generously donating $25 to one lucky winner!  Be sure to check out [...]

For Sale! 11 Pine Ridge Road, Reading, MA 01867

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Welcome to 11 Pine Ridge Rd!  Located in Reading's coveted West Side, this expanded cape exudes style & charm with a layout that's both spacious, yet practical. The eat-in kitchen is styled with timeless appeal with a modern touch, highlights stainless appliances, including a professional gas range and offers an island to gather for dinner [...]

Social Distancing and The North of Boston Real Estate Market Week 16

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 During week 16 we had 3,079 homes available on the market which is an increase of 2% compared to the week before.  Only 341 homes were newly listed last week, which was a huge decrease of 61%.  This was mostly due to the fourth of July holiday weekend.    Buyers were still out though and we had 873 homes go pending last week.  That is the third highest that we've seen all year and is an increase of 13% compared to what we saw the week before. Overall 28% of the market last week did get absorbed through pending listings which shows that it is a strong seller's market.   

540 Main Street, Stoneham, MA 02180 For Sale!

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Welcome to this classic colonial that offers a spacious layout and many updates!   The eat-in kitchen boasts granite, stainless steel appliances and room to linger at the breakfast bar.   The sunroom is great place to enjoy morning coffee and to start the day.  The dining room offers plenty of space for gathering with family and friends for [...]

Social Distancing and The North of Boston Real Estate Market Week 15

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So last week we had 3,009 properties available on the market, which is a decrease of
3% compared to the week before.  We had 874 new listings come on the market last week which is an increase of 3% compared to the week before.  771 homes went pending last week that is a decrease of 24% compared to the high that we saw last week of a 1,020.  Overall 26% of the market did get absorbed through pending listings just last week alone which indicates that
it is still a strong seller's market.  

We are getting asked a lot by sellers whether it makes sense to sell this year or wait until next year, maybe they are a little concerned that they've missed their mark.  A lot of people tend to put their search on hold as September approaches,  however this year things are still cranking along.  We anticipate a very busy summer. Obviously with Covid, the spring market started very late this year.  So my advice to home sellers, if you are considering a sale prices are on the rise, it makes sense to list now.  For buyers out there, it is a frustrating market. Feel free to reach us to call us for strategies

Watch the video for more!

Giveaway with Velofix Boston!

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 We recently caught up with our former client Guenther Anger from Velofix Boston for a Community Spotlight and giveaway! We’ve been riding our bikes a lot this season and Velofix Boston makes it really easy to get your bike tuned up without leaving your home! Watch the video to learn a bit more about this mobile bike and ski shop!

GIVEAWAY DETAILS!!
Velofix Boston is giving away a gift card for 50% off a basic tune up. We’ll announce a winner next Friday July 3rd!  Check out our Facebook and Instagram pages to enter to win!!

 

Social Distancing and The North of Boston Real Estate Market Week 14

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During the 14th week of social distancing we had a total of 3,093 listings available on the market, and increase of 3% compared to the previous week.  The amount of new listings went down slightly by about 2% with 845 new listings to hi the market last week. We also had 1,020 listings go pending last week which is the most that we've seen all year.  That is an increase of 12% compared to the week before.  Once again we're seeing a strong seller's market as 33% of the market did get absorbed through pending listings last week.  For sellers out there, keep in mind that although the market is strong there are definitely still pitfalls along the way. We are seeing more appraisal issues as well as buyers getting cold feet and getting caught up in the multiple offer situations.  For buyers out there it certainly is frustrating.  We are happy to chat with you to go over specific strategies on how to get your offer accepted!  Contact us here!

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