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Blog :: 05-2021

For Sale! 167 Hay Meadow Road, North Andover, MA 01845

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Located in a tranquil setting in one of North Andover's most  coveted neighborhoods, 167 Hay Meadow is a traditional center entrance colonial with many updates and rustic details.   The first floor features an updated,  bright, white eat in  kitchen with stainless appliances and granite counters.  The sunroom is a special place to let time pass and enjoy a favorite book and morning coffee. There is plenty of space for summer barbecues on the generous sized deck!  In the master bedroom the fireplace adds distinctive appeal.  The master bath comes complete with jacuzzi style tub and stand up shower with glass doors.   The exercise room is ready for your Peloton!  Hardwood flooring throughout 1st and 2nd floors.  There is plenty of space for everyday living, as well as entertaining, and the neighborhood truly makes this home a special place to create lasting memories! Private showings only.

See all the details here!

Check out the virtual tour here!

For Sale! 4 Rebecca's Row North Reading, MA 01864

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Located in a peaceful setting and surrounded by nature, 4 Rebecca's Row is a young colonial tucked away in the heart of North Reading. With 4 finished levels, this home offers plenty of space for work, play, & everyday living with enough privacy for everyone to enjoy. The double French doors from the farmers porch and the living room invites Mother Nature in & blurs the lines between indoors & out. At the heart of the home is a generous eat in kitchen that opens to a great room with cathedral ceilings. Separated from the main living area, the 1st floor office is ready for work. The finished 3rd level provides flexibility to be used as a playroom or 2nd home office space & has plumbing roughed in for a future bath. The finished basement with wet bar & full bath is ideal for extended family, teen suite or as a rec room. The wine connoisseur will appreciate the wine cellar! 2nd floor laundry, hardwood throughout & plenty of storage space!  Convenient to all North Reading has to offer!

See photos and detail here!

Check out the virtual tour here!

North of Boston Real Estate Market Update for May 2021

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Here's a look at the North of Boston real estate market comparing April of 2021 to April of 2020.  Specifically for Middlesex and Essex counties for single-family homes, multi-family homes, and condominiums. Keep in mind last April was the beginning of the pandemic so the numbers may be off slightly.  In terms of inventory levels, the amount of homes available for sale, are up close to 3.5% compared to last April. That isn't much considering last April we had extremely low levels of inventory. The time it's taking homes to sell, that's down close to 22% compared to last April.  And the amount of homes sold that's up close to 30% compared to last April.  Median prices are up over 10% compared to last year at this time.  The market remains extremely strong for sellers, so my advice to sellers if you are considering selling your home, this is a great time to take advantage of strong buyer demand.  However, as a seller, if you're thinking "hey you know the market's so strong do I really need to prep? Do I really need to make sure that my home is ready for sale?" Well we've seen homes out there sell for anywhere from $20,000 over up to over $150,000 over.  So this, in our opinion, is certainly a great time!  Don't skimp on prepping your home for sale because this is the time when you can really take advantage of strong buyer demand and the more interest that you have in your home the stronger offers will come in and the more money you will net. For buyers out there, unfortunately there doesn't seem like a lot of relief out there.   However, a lot of our buyers have had great luck with the strategies that we are using to get home offers accepted.  So if you are considering a move in or out of the suburbs north of Boston feel free to give us a call at 617-275-3379.

Curious about the numbers for your area?  Click the link for your town!

AndoverNorth AndoverNorth ReadingReadingWakefield and Stoneham

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Are Interest Rates Expected to Rise Over the Next Year?

Are Interest Rates Expected to Rise Over the Next Year? | MyKCM


 

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to [...]

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