Blog

May 2019 North of Boston Real Estate Market Update

“We are experiencing a fickle spring market,” reports Linda O’Koniewski, CEO of Leading Edge.  “Agents are reporting varying market conditions.  Open houses are bursting with attendance over here, and only two parties show up over there.  This mid-priced house, in a hot market priced well, goes without a bid on the call to offer date, this other mid-priced property, in a hot market priced well, is overwhelmed with competing buyers.  Change is in the air.”

If you have any questions about our local market or if you are thinking about buying or selling a home in the North of Boston suburbs, contact the Ternullo Real Estate Team today!

 

Comments

  1. No comments. Be the first to comment.

9 Washington Street, Stoneham For Sale!

This open and updated townhome offers three levels of spacious living. Enjoy the conveniences of a condo with all the "feel" of a single family home! The eat-in kitchen offers granite, stainless steel appliances and plenty of cabinet space! Ideal for entertaining, the kitchen opens to a generous dining room as well as a large deck that awaits summertime barbecues! The 2nd level consists of the master bedroom, 2nd bedroom and main bath. The two bedrooms on the 3rd level would also be perfect as a home office, playroom, or second TV room. Plenty of space for games and play in the common yard. Not just one, but 2 convenient garage spaces! Enjoy life in the 'burbs while only 18 min from the city, with easy access to Route 93, 95, and 28. Conveniently located to enjoy restaurants, parks, the town common and the new Tri-Town Greenway!

Questions about the listing? Contact the Ternullo Real Estate Team at 617-275-3379. 

 View Listing Details Here! 

Comments

  1. No comments. Be the first to comment.

The Ternullo Team's Community Spotlight: Our Favorite Hikes

  

There's no shortage of outdoor recreation areas in the communities North of Boston. Michelle Ternullo of the Ternullo Team at Leading Edge shares some of her favorites.  Whether you want to hike, bike or take an easy stroll with beautiful scenery, you're sure to find a natural area to fit your needs.  

Check out the video and links below!

If you'd like to visit some of the trails we featured, click the links below for more info. 

Weir Hill, North Andover MA

Breakheart Reservation, bordering Wakefield and Saugus, MA

The Tri-Community Greenway, through Stoneham, Wobun and Winchester, MA

Comments

  1. No comments. Be the first to comment.

2 Family Investment Opportunity in Everett!

  

   

ATTENTION INVESTORS! Coming on the market soon! 55 Reed Ave. Everett,  MA 02149.  Down the street from Glendale Park, Everett High,  Parlin Middle School, and Webster Elementary.  This large 2 family home needs work, however well worth the effort!  6 bedrooms, 3 baths, 2500 SF. Contact us for details!

Comments

  1. No comments. Be the first to comment.

April 2019 North of Boston Real Estate Market Update

 

“The unexpected interest rate drop is adding fuel to a checkered real estate market that went into high gear in March,” reports Linda O’Koniewski, CEO of Leading Edge. “Neighborhoods and towns are both hot and cold depending on price point. Consult a savvy real estate professional who has a pulse on this hyper-local market if you plan to buy or sell.”

 

  

 

If you have any questions about our local market or if you are thinking about buying or selling a home in the North of Boston suburbs, contact the Ternullo Real Estate Team today!

Comments

  1. No comments. Be the first to comment.

110 Dracut Street, Methuen For Sale!

Updated contemporary cape in private wooded setting.  This home has been maintained with pride and includes many updates.  Including a new, renovated kitchen, with Jenn-Air stainless steal appliances.  This home features an open floor plan with master bedroom suite upstairs and two bedrooms on the first floor.  In addition this home offers a finished space above the garage that can be used as a fourth bedroom, ideal for extended family or home office. Conveniences such as two car garage and central air.  Call today to learn more.  Questions about the listing? Contact the Ternullo Real Estate Team at 617-275-3379. 

View Listing Details Here

 

Comments

  1. No comments. Be the first to comment.

The Ternullo Team's 5th Annual Client Appreciation Night

(From left:  Christine Hurley, Lenny Clarke and Frank Santorelli)

Our team hosted our 5th Annual Client Appreciation Night at Giggles Comedy Club in Saugus.  What a night it was!  Our cheeks hurt from laughing so much!  The night started out with pizza and drinks and ended with a hilarious comedy show featuring seven comics.  Johnny Pizzi did an awesome job MC'ing the show.  

This was a special night to show our appreciation and say “thank you” to our past, current and future clients and to our friends/family for their support.  We especially want to thank our sponsors and trusted vendors:  

We hope everyone had a blast! Thanks again to Giggles Comedy Club for having us and Prince Pizzeria for the yummy food!

5 Reasons To Sell This Spring

Selling a Home with a RealtorBelow are five reasons listing your home for sale this spring makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition

Now Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.

Historically, the average number of years a homeowner stayed in his or her home was six, but that number has hovered between nine and ten years since 2011. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

Many homeowners were reluctant to list their home over the last couple years, for fear that they would not find a home to move in to. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell. 

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time needed to close a loan is 49 days.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 4.6% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

If you're thinking about selling your home in the North of Boston Suburbs, call the Ternullo Real Estate Team today!

    Comments

    1. No comments. Be the first to comment.