No matter what you’ve seen in the news, there is no wave of foreclosures on the horizon. Yes, we’ve seen numbers tick up slightly (hence those headlines), but that was expected when the moratorium ended. It’s not a cause for alarm. We’re still well below pre-pandemic levels and way lower than what we saw during the crash. If you have questions, I’m here to help. #expertanswers #realestateagent #keepingcurrentmatters
Welcome to our April market update! We're looking at single family homes sold in Middlesex and Essex counties and we're comparing March of 2024 to March of 2023. Inventory remains a problem and fell by close to 10% last month. Units sold also dropped by close to 11%. The number of days on the average home was on the market didn't change [...]
The Ternullo Real Estate Team is pleased to present our 2024 Annual Reports!
This comprehensive report reviews statistics and median prices of single family, multi family and condo homes, as well as Michelle's home and style trends for 2024!
As you've probably heard, a recent wave of legal cases is poised to potentially reshape real estate transactions in the United States. These developments are not just legal footnotes; they could directly impact how you buy or sell your home. Here's what you need to
A Charming Home with Modern Touches! Welcome to this beautifully updated Dutch Colonial Home full of character and modern amenities. The heart of this home is the brand-new kitchen featuring gleaming white cabinetry, quartz countertops, and stainless steel appliances. The dining room, filled with natural light connects seamlessly to both the kitchen and living room, making it an ideal space for gatherings and everyday living. Upstairs, you'll find three cozy bedrooms, two spacious and one smaller room – perfect for a home office or a child's bedroom. Both the upstairs full bath and the downstairs half bath have been recently renovated, boasting fresh finishes and modern fixtures. Situated in a lovely neighborhood, this home offers a perfect blend of vintage charm and contemporary convenience. Add some exterior finishing touches and enjoy all the comfort of 3 Jones Avenue.
Welcome to our July market update! We're taking a look at the North of Boston real estate market, specifically single-family homes that sold in Middlesex and Essex counties, and comparing June of 2023 to June of 2022. So last year there was very little on the market and many of us complained that there were not enough homes to sell. However, this June we're actually down even further. Inventory is down 40% and as a result of that the total number of homes sold is down 30%. Days on market went from 18 days on average up to 24 days on average, and median sales prices remain steady from $685,000 down to $681,000.
So we're starting to see some seasonality come back to the market and over the past few weeks the intensity of the market came down just a small notch. This is nothing for home sellers to worry about, as there is very little on the market. So if you're thinking about selling your home you would still have a lot of leverage. If you take the time to prep your home so it is shown in the best light when you hit the market, you have your best shot of attracting buyers that are not only willing to pay top dollar for your home, but also give you the best terms. If you're thinking about buying or selling a home in the suburbs North of Boston give us a call at 617-275-3379!
Curious about the numbers for your area? Click the link for your town!
Two Questions To Ask Yourself if You’re Considering Buying a Home
If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends [...]
Follow us