Beautiful top floor 3 bedroom condo nestled on a cul-de-sac in Forestdale. Picture curling up in front of the fireplace on a winter’s day. Renovated eat in kitchen has granite, plentiful cabinets, stainless steel appliances and detail moldings. Check out the elegant bath. 3 good size bedrooms with hardwood floors. Lots of closets. 2 year old hot water tank, 5 year old roof, FIOS. Economical to live in – seller’s average monthly electric bill is $118 and that includes heating, cooking, hot water and laundry.

Stunning corner unit at the art deco Belmont Lofts with dramatic, oversized windows. Hanging pendant lights shine on the granite breakfast bar and gleam off stainless steel appliances. MBR has private bath & two closets so there’s plenty of room for your clothes. French doors lead to 2nd bedroom. Central air & large additional storage locker. 2 pets under 25 pounds. FHA approval means only a 3.5% down payment to buy this unique condo. Bonus: Flat screen TV and washer/dryer included. 1 mile to T.

Why rent when you can own this 2 bedroom corner condo and take advantage of today’s low interest rates? This sunny condo has been freshly painted and features new carpeting and vinyl flooring along with a new stove and refrigerator. There is an open floor plan in the main living area so you can be in the kitchen while still being part of the activity in the living room.

Do you have a lot of “stuff”? This condo has many closets as well as a large private additional storage space in the basement.

There’s coin operated laundry just one floor down the back staircase making laundry day easy. This unit comes with the right to park one car in the Highland Ave. driveway on a “first come” basis.

The condo is located only 0.6 miles to the Malden Center T so you can leave your car at home and commute to work. Don’t feel like cooking dinner? Take your choice of the many nearby restaurants in Edgeworth.

Malden has 2 MBTA stops – one right in the center of the city, Malden Center Station, and one on the border of Melrose, Oak Grove T Station. The brand new YMCA is a great feature of the city, too.

Average Days on Market
Single Family Homes – 115
Condos – 170
Multi Family Homes – 132

The statistics show that I’m not just looking through rose colored glasses, either. At the same time last year, Malden had 12 months of inventory on the market (yes, a solid year!). As you can see from the chart above, we now have an average of 6 months of inventory for sale. Real estate markets are considered at equilibrium (not a sellers’ or a buyers’ market) when there are between 4 – 6 months of inventory for sale.

The other item that jumps out from the latest statistics is the dramatic change in price of multi family homes in the city. There are more foreclosures of multi family homes in Malden than any other type of property, and that has had a major impact on the market value of 2 and 3 family homes throughout the city.

It will be interesting to see if the absorption rate is being seasonably adjusted because of the harsh winter with many sellers deciding to hold off putting their properties for sale. I’ll keep you posted!

Ready for the kicker. . . Cambridge was one of the runners up, so if Malden cannot fulfill its duties during the year, Cambridge can step in and take over the crown :)

I’ve just received an email asking for donations to help a young single mother and her 2 children as they move into their own apartment in Malden on November 1st. Please take a look at the information from the email below and see how you can help out:

Angelica is a 22-year-old single mom with two children, Ozzie (2) and Erica (5). Currently, she is going to school for her GED in order to eventually work in the hotel industry with a focus on customer service. Angelica and her children have been living in our MFLEC for 14 months while meeting with Liz Rohrer, her case worker to complete her housing applications. She and her children have never lived on their own before, but are very excited and nervous. Heading Home would like to make their transition into their new home as comfortable as possible for them, and we need your help.

WE CAN NOT ACHIEVE THIS WITHOUT YOU!

Is your attic, basement, garage, parent’s home or storage unit stuffed with “good” stuff? Do you have a surplus of any of the items listed below that you wish to donate? Please ensure that they are in new or “like new” condition.

Remember, gift cards make a terrific donation: Stop & Shop/Shaw’s, Target or Wal-Mart, please. Cash also works!

Please Note some of their likes:

Angelica’s favorite color is pink, all shades of pink. She also likes flowers.

Erica’s favorite color is also pink. She loves Dora the Explorer and the character “Boots”, playing with cars, Spongebob Squarepants, Spiderman, and soccer.

Ozzie loves cars and trucks, and the movie “Cars”.

Both kids love Disney books.

*Please note that the unit cannot accommodate large pieces of furniture.

Please contact Stacey Gordon, Volunteer Coordinator with donation information: sgordon@headinghomeinc.org or 617-864-8140. For furniture donations, we will need confirmation of your donation by Monday, October 20th. For all other donations, we will need confirmation by Monday, October 27th. Let’s make their move into their new home a wonderful time for them to remember! Please pass this along to colleagues, friends and family that might be able to help.

Thank you for all your support and effort on behalf of the Heading Home Outreach Council.

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 heat, so you won’t have to pay the high cost of oil, either. Abundant natural woodwork, replacement windows and a new bulkhead. Wonderful Edgeworth location means you’re close to the Malden Center T Station, shopping and restaurants.