A part of the Swan Meadows community, 216 Rangeway Road, is your new home! This home is perfect for entertaining with the open layout and the glass fireplace is adding to the ambience. Looking to host dinner parties? The kitchen offers plenty of work space with a breakfast bar for friends to mingle & opens to a dining room large enough to [...]

Below are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 4.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.6% over the next [...]

Welcome to 717 Lowell Street. This contemporary home (with a pool!) is located in Peabody's coveted West Side. There's tons of space in this property - 3 bedrooms, 3 bathrooms, and lots of space to relax both indoors and outdoors. Questions about the listing? Contact the Ternullo Real Estate Team at 617-275-3379. 

View Listing Here

Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near [...]

Home Buyer Alert! Mortgage Rates just hit a 12 month low! John Ternullo and John Marroni discuss what that means for buyers in the Suburbs North of Boston.

From Sam Khater, Chief Economist at Freddie Mac: "The combination of cooling inflation and slower global economic growth led mortgage rates to drift down to the lowest levels in a year. While housing activity has clearly softened over the last nine months and the lingering effects of higher rates from last year are still being felt, lower mortgage rates and a strong job market should rekindle demand for the spring homebuying season."

Interested in taking a closer look at 323 West Street? Located in Reading, MA this 3 bed, 2 bath house is equipped with a fireplace and is located in a convenient neighborhood. Watch this video below for a tour of your next home! Questions about the listing? Contact the Ternullo Real Estate Team at 617-275-3379. 

For more details visit the listing page here.

"Hi Everyone!  We are talking today about the North of Boston February Real Estate Report. Specifically, we are looking at Middlesex and Essex counties and how they preformed in January this year compared to last year. Last month, more homes were listed for sale. Approximately 5% more than last year. Those homes are staying on a bit longer by approximately 13%.  We have also seen the number of sales drop by approximately 7%.  The bad news for buyers is that prices still climbed up by about 6%. Now what does all this mean? For Sellers the good news is prices are still appreciating. However, a word of caution, pricing and preparation is crucial. The market is less forgiving today and homes that don't get it right the first time risk languishing on the market and potentially getting rejected by buyers. For buyers the good news is that there is now some relief. Interest rates hit a 10 month low and there is finally some options to choose from and less competition at every open house. Bear in mind, it still is overall mostly a Sellers Market." - John Ternullo

If you are considering a move in the suburbs North of Boston and would like to learn how this information may impact your purchase, please contact us. If you currently own a home and would like more information on the value of your home, please let us know and we can provide a detailed estimated report. If you would like to know how much you could sell your home for in the 2019 spring market, we are happy to schedule an in-person visit and provide a detailed report. 

Borrowing costs were cheaper this week, as mortgage rates continued inching down. “The U.S. economy remains on solid ground, inflation is contained, and the threat of higher short-term rates is fading from view, which has allowed mortgage rates to drift down to their lowest level in 10 months,” says Sam Khater, Freddie Mac’s chief [...]

Market Overview

"We had a strong start to 2018, however towards the 4th quarter we have noticed a change in the market and sellers began losing leverage. While this slowdown would be typical during the fall season, many experts are reporting a shift in national markets. There is conflicting information on how much of a slowdown we should expect in 2019. We noticed an increase in buyer activity immediately after the new year, and we do expect strong buyer demand as we approach the spring market." - John Ternullo 

2018 North of Boston Real Estate Market Report

If you are considering a move in the suburbs North of Boston and would like to learn how this information may impact your purchase, please contact us. If you currently own a home and would like more information on the value of your home, please let us know and we can provide a detailed estimated report. If you would like to know how much you could sell your home for in the 2019 spring market, we are happy to schedule an in-person visit and provide a detailed report. 

So you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and they have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many [...]