Looking out my window certainly confirms that winter is here in New England and with the snow we normally see a slow down in the market. This is exactly what’s happening in the condo and multi family segments of the real estate market in Stoneham MA. Although 2 and 3 family homes are only a [...]
Let’s take a look at what’s been going on in the real estate market in the fair city of Winchester: Winchester’s housing inventory is primarily made up of single family homes. As you can see from the chart above, both the single family homes and condos in the city are still selling in an average [...]
Somerville is a wonderful city where each square has its own feel. Although no city in my market area has been totally immune to the effects of this market, Somerville is remaining an active market. As you can see from the chart above, absorption rates are quite low for the city. Only the multi family [...]
JP Morgan Chase and Bank of America have recently both pledged more money to expand their programs to help homeowners that are behind on their mortgage payments. Both banks are looking to help approximately 400,000 homeowners by modifying their loans. Some of the options include reducing the interest rate or changing the terms of the [...]
What’s happening in the real estate market in Arlington, MA? Since most people are looking to buy or sell either a single family, a condo or a multi family home, I’ve separated out what’s happening in each of these markets. These numbers tell us that the market in Arlington is very healthy. How do I [...]
As the leaves are falling from the trees, it’s time for another update on what’s happening in the real estate market here in Medford, MA. Since most people are looking to buy or sell either a single family, a condo or a multi family home, I’ve separated out what’s happening in each of these markets. [...]
I know that my title is a tongue twister, but that alliteration is true for first time buyer houses in and around Medford, MA. Although the #1 saying in real estate is still “Location, Location, Location” it has met its match with the new saying “Price, Price, Price”. As a seller, it can sometimes be [...]
A new rule from the FHA (Federal Housing Administration) is aimed to stop people who currently own a home from buying a new, less expensive home and then walking away from the more expensive house. This tactic is known as “buy and bail”. In order to put a stop to this activity, FHA (which can [...]
You can afford to buy a house in Medford! This home for sale at 9 Henry St., Medford, MA 02155 has replacement windows and 2 modern a/c units with remote controls in the first floor. DR with built in china cabinet. Eat In Kit has gas stove and spacious pantry. Upstairs you’ll find the 2 [...]
Visit www.18ShipAVe.com for full information. Stunning townhouse with dramatic 2 story wall of windows that bathe the LR with light. 3 sided gas FP separates the LR from the DR. Lovely kit has plentiful cabinets & breakfast bar. Loft space makes great office or den. Luxurious MBR suite has walk in closet & bath with [...]
