John P. Wells' Blog

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Services for Real Estate Pros - Wellsco Realtors LLC
RECENT BLOG POSTS
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MARKET RECAP Note:  This is sent to me weekly by Blue Water Mortgage, and when I think it is particularly interesting I post it for my readers.   John     Another week, another report on improving home sales. The latest news might not constitute a sustainable trend, but it's surely beginning to r...
08/10/2009
Buying a House isn't always Smooth Sailing I'm working with a wonderful young couple who have four children and a fifth on the way!  Needing to move to a larger home (duh!) they hired me to help them. The price range is tight and the choices are few that will fit their needs.   After a month a ho...
08/09/2009
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This is a useful link to a monthly publication that tells you about all upcoming events in the City of Newburyport.  Worth subscribing to! John STAY in the LOOP! about everything NEWBURYPORT...This Summer!   Follow the link below to check out the AUGUST issue:http://www.newburyportchamber.org/sta...
08/06/2009
    Both MA and NH have now launched programs to lend the $8,000 tax credit to first time buyers at closing, thereby eliminating the need for a down payment on a house up to $220,000.   The minimum requirements are $1,000 of the Buyer's own funds, a credit score of at least 620 and appropriate do...
08/05/2009
What Motivates Your Realtor:  Listing   In the traditional real estate model, the more listings a realtor has, the more sales the realtor closes.  Unilke my business, where buyers find me through my internet marketing (see www.virtualhomes.com), most realtors can only find buyers because they ask...
08/01/2009
What Motivates Your Realtor:  Buying   You hire a Buyer's Agent to find you the property that best suits your needs for the best price.  While the Agent does much more for you than this, there should be no other motivation for showing you a house. Realtors offer other realtors open house luncheon...
08/01/2009
Comment:  Ann Lagasse wrote me the following explanation.  It gives a different twist to the story.  Would CVS have actually left Newburyport?  I doubt that. "Hi John, thanks for the email.  We have been working with both tenants for a number of years regarding this site.  The good news is they a...
07/31/2009
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Hello, CVS?  Anyone Home?   The decision to greatly expand the CVS at the expense of the surrounding businesses shows incredible insensitivity to community needs, aesthetics and common sense. White Hen Pantry, a privately owned franchise, has been serving the town well and importantly at the loca...
07/31/2009
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    Last month Virtual Homes Inc. and broker/owner Fred Doleac decided to drop the Re/Max Franchise it had for 20 years in favor of continuing to grow a Real Estate Brokerage with an online service and lead generation business model that far outstrips anything Re/Max has to offer.  The Realtors a...
07/30/2009
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This was sent to me through Blue Water Mortgage Company, a great mortgage broker I deal with, and I though it worth posting.  Their sources are solid and objective.   MARKET RECAP The signs are pointing to an economy in full-recovery mode. The leading economic indicators (LEI), which attempt to f...
07/27/2009
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John P. Wells

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Topics range from John's experience and helpful hints about buying and selling real estate to events and issues concerning his home town of Newburyport. John covers zoning and land use issues as well as conservation, and includes useful information about North Shore MA nd Coastal NH communities and markets. John received the SFR (short sale and foreclosure resource specialist)from the National Association of Realtors.