It seems like the more time that goes by, the busier we all get. When I first started selling real estate in 1991, we used big books from our MLS that had grainy black and white photos of houses for sale. There was only one exterior photo and very little information about the house. Since [...]
t’s time, once again, to update you on what’s happening in the Medford MA area real estate market. One of the key factors I look at is absorption rates. Absorption rate is a way to look at the number of properties currently on the market and then using the number of recent sales, allows you [...]
One of the provision of the new housing bill that was just passed is a tax credit for first time home buyers. Here are the basics: You must not have owned a home for the last 3 years The credit is $7,500 (this is a tax credit, not a tax deduction, so you take what [...]
If you’re tired of reading all of the doom and gloom coming from the media, I’m here to give you some good news. . . We’re seeing first time buyers coming back to the local real estate market. I’ve recently put homes in Malden MA and condos in Somerville MA under agreement with first time [...]
Visit www.49Emerald.com for full information. Well loved 7 Room 3 Bedroom 1.5 Bath Garrison with open floor plan. FR addition overlooks lovely, level yard. Spacious MBR has full wall closet. Hardwood floors under carpets except in FR. Heat waves won’t bother you next summer – this home has central air conditioning. New 2 zone gas [...]
If you’re looking to buy a house, there are 2 important steps to take. The first step is to get prequalified. With so many changes happening in the mortgage industry, you want to make sure that you can afford the houses you are looking at. Remember, there can be a difference between the amount of [...]
If you want to sell a property, it makes sense that the more people who know about the house, the better chance that you’ll sell and for a better price. I’ve been working hard on getting the properties I have for sale listed on the first page of Google search results. Try it yourself and [...]
If you look through homes for sale in Malden, MA or in any city you’ll see that there are many being sold “subject to third party approval”. What does this mean? The current owner is having trouble paying their mortgage and the house is no longer worth as much as the mortgage is. They have [...]
When you put your house up for sale, you start making plans for your move. But unfortunately not every house sells. It’s like throwing a party but no guests show up. In the current real estate market in Medford, Somerville and the surrounding cities, there are many reasons why a house doesn’t sell. Sometimes it [...]
The current real estate market feels very much like when I first started helping people buy and sell real estate in 1991. Foreclosures are on the rise, prices have dropped significantly and everything the media has to say is doom and gloom. There is one big difference, though and that is interest rates. In 1991, [...]
