Salem, MA Real Estate News

By Robert Vegas Bob Swetz
Happy Halloween 2016  Halloween is one of the oldest holidays celebrated in the world. The festival is celebrated on the 31st of October each year in several countries around the globe. A blend of ancient Celtic practices, Roman and Catholic rituals and European folk traditions, All Hollows Eve has become a world famous celebration.Halloween dates back to the ancient Celtic festival of Samhain. 2000 years ago, the Celts used to live in the now area of Northern France, Ireland and UK. The Celtic New Year used to be celebrated on the 1st of November, which marked the beginning of the dark cold winter and also the end of summer and harvest season. 
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By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
51 Aurora, Salem, MA For Sale Description Photos Maps & Local Schools Print Brochure $ Click for current price2 BEDROOMS | 3 (3 full ) BATHROOMS | 1955.0 SQUARE FEET Follow This Home! Salem Real Estate for Sale All About Salem, NH Search All Homes For Sale Presented By: Christine Licata 888-723-0306   Schedule a Showing/Request Info Property Description Once you are here you will want to stay! Most sought after complex in Salem! This almost 2,000 sq. ft. Townhouse has 3 spacious levels of living and includes a finished basement and 2 car garage. Large eat-in Kitchen, with slider to deck, has brand new SS Appliances. Open concept Dining/Living Room has brand new carpeting. Dining Area has large picture window and the Living Room has a fireplace and slider to large wrap-around deck. Mast...
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By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
 William Murray, a cooper purchased land on “Ye High Street” (Essex Str) and erected the house by July of 1687.  By 1759 the property was defined as the Northern and Southern halves of his “mansion” and divided “as far as the middle chimney” – each half being owned by his sons, William and Jonathan, both coopers.  The property remained in the Murray family until 1795 when the Southern end was conveyed to Ebenezer Slocum, a mariner.  It was then conveyed in 1811 to Jonathan Andrew (a trader), Samuel Leach (a boatbuilder) and Jonathan Becket (a shipwright) and that is the last research deed of the Southern End.The Northern end remained in the Murray family until 1814 when it was purchased by Jonathan Andrew, a trader, for $150 (same person who bought 1/3 of the Southern End in 1811???).  ...
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By Ann Irza, Real Estate Agent
(Prestige Real Estate)
OPEN HOUSE October 19, Sunday 11:00am - 12:30 PM 9 Gardner Street, #2, Salem, MA     Directions: Lafayette Street (MA-1A/MA-114) or Canal Street to Gardner Street   Offered at $239,900   Beautiful, well-maintained, 2-bedroom condo waiting for you to move in! High-ceiling rooms with gleaming hardwood floors, and lots of closets. Built-in china cabinets, and charming kitchen with Corian countertops add to the nice finishes in this unit. Enjoy private time on front and rear porches for your exclusive use. Den/study could be used as a third bedroom. Double-hung, thermal pane windows installed throughout the unit. Economical gas heat and hot water. Additional storage in the basement. Parking included for 2 cars, with one in the garage. Super location in the desirable Saltonstall Elementary ...
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By Ann Irza, Real Estate Agent
(Prestige Real Estate)
  Offered at $239,900   Beautiful, well-maintained, 2-bedroom condo waiting for you to move in! High-ceiling rooms with gleaming hardwood floors, and lots of closets. Built-in china cabinets, and charming kitchen with Corian countertops add to the nice finishes in this unit. Enjoy private time on front and rear porches for your exclusive use. Relax in the cozy sunroom adjacent to master bedroom. Double-hung, thermal pane windows installed throughout the unit. Additional storage in the basement. Off-street parking for 2 cars. Super location in the desirable Saltonstall Elementary School district. Close to Forest River Park, Salem State University, and all that Downtown Salem and Salem Harbor have to offer.   Salem Homes For Sale   Search All Homes For Sale Homes Close to Where You Work ...
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By Ann Irza, Real Estate Agent
(Prestige Real Estate)
OPEN HOUSE, September 07, Sunday 11:00 AM - 12:30 PM 9 Gardner Street #2, Salem, MA Get Directions Click Here Description Photos Maps & Local Schools $ Click for current price 2 BEDROOMS 1 BATHROOMS (1 full) 1236 Square Feet Beautiful, well-maintained, 2-bedroom condo waiting for you to move in! High-ceiling rooms with gleaming hardwood floors, and lots of closets. Built-in china cabinets, and charming kitchen with Corian countertops add to the nice finishes in this unit. Enjoy private time on front and rear porches for your exclusive use. Relax in the cozy sunroom adjacent to master bedroom. Double-hung, thermal pane windows installed throughout the unit. Additional storage in the basement. Super location in the desirable Saltonstall Elementary School district. Close to Forest River P...
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By Ann Irza, Real Estate Agent
(Prestige Real Estate)
OPEN HOUSE, September 07, Sunda 11:00am - 12:30 PM 9 Gardner Street #2, Salem, MA Directions: Lafayette Street (MA-1A/MA-114) or Canal Street to Gardner Street Description Photos Maps & Local Schools $ 259,900 2 BEDROOMS 1 BATHROOMS (1 full) 1236 Square Feet Beautiful, well-maintained, 2-bedroom condo waiting for you to move in! High-ceiling rooms with gleaming hardwood floors, and lots of closets. Built-in china cabinets, and charming kitchen with Corian countertops add to the nice finishes in this unit. Enjoy private time on front and rear porches for your exclusive use. Relax in the cozy sunroom adjacent to master bedroom. Double-hung, thermal pane windows installed throughout the unit. Additional storage in the basement. Super location in the desirable Saltonstall Elementary School...
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By Jim Mushinsky
(Centsable Inspection)
A Salem MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase. A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Salem MA Home Inspector...
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By Donna Quinlan, Keller Williams Realtor & Career Consultant
(Keller Williams Realty)
A Home for the Holidays! Could one of these new listings be the home you have been waiting for? To see any of these homes or any homes for sale on Boston's North Shore call 978-375-8094.                                           Salem is home of Salem State College, enjoys a historic downtown, Pickering Wharf, and is a great coastal community.  For more information call: Donna Quinlan 978-375-8094 Keller Williams Realty Topsfield & Newburyport, MA 978-992-4050
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By Lynda Longmire
(Virtual Homes Real Estate)
Salem MA Real Estate Homes Sold Report for 2010 Quarter 2 Salem Massachusetts Single Family Home Sales The Salem, MA 2nd quarter homes sold report indicates that there were 34 homes sold in Q2 2010 as compared to 48 in 2009. This represents a 29% decrease in the number of homes sold. The average sales price changed from $309217 in 2009 to $291325 in 2010, a 6% decrease in value. The days on market changed -14 % from 129  to 111. Go to the Salem MA Q2 2010 homes and condos sold report to compare the changes in market conditions.   Visit Salem MA real estate for information about the community, relocation, demographics, MLS search, home buying and selling guides. Go to Salem MA homes for sale to view current listings of homes, condos, multi-family and land listings. The Salem MA homes sol...
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Good Mexican food is hard to find on the North Shore, No Longer!  The Howling Wolf Taqueria located across Derby Street from the Central Fire Station is a needed and great addition to Salem's growing selection of "to-die-for" restaurants.  This amazing eatery has an upbeat atmosphere with lots of bright colors, high ceilings, paintings, great music and friendly service.   It's a perfect Mexican South West style taqueria with no tablecloths, self service, and great prices.  A Carne Deshebrada Burrito (shredded beef in a spicy tomato sauce) comes with rice, beans, cheese and a choice of salsas all for only $6.75 and that price certainly should leave room in your budget for one of their great white sangrias.  The Green Chile Chicken Stew also for $6.75 is a huge bowl-full perfect to take t...
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Salem MA market stats for condominium home sales as of 9/30/2010 shows the median sale price stabilizing but the overall sales volume declining in year to year quarterly comparisons. As both a residential real estate appraiser and broker in the Salem market area I enjoy crunching the numbers to keep on top of the local market trends.  Recently I've anxiously been waiting to analyze the 1st quarter data since the end of the home buyer tax incentives on 6/30/2010 for the condominium market here in Salem (zip code 01970). According to MLSPIN in the Salem Zip Code 01970 all condominium sales are as follows: July 1, 2010 to Sept. 30, 2010 - 48 sales, sale priced $40,000. to $525,000., avg. list price $233,712., avg. sale price $224,122., avg. days on market 160.33. July 1, 2009 to Sept. 30, ...
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Salem MA market stats for single family home sales as of 9/30/2010 show good and not good news in year to year quarterly comparisons. As a residential real estate appraiser and broker in the Salem market area I love to crunch the numbers to keep abreast of our market trends.  I've anxiously been waiting to analyze the 1st quarter market data since the end of the home buyer tax incentives for the single family home market here in Salem (zip code 01970). According to MLSPIN in the Salem Zip Code 01970 all single family sales are as follows: July 1, 2010 to Sept. 30, 2010 - 31 sales, sale priced $74,000. to $836,500., avg. list price $369,739., avg. sale price $353,226., avg. days on market 112.35. July 1, 2009 to Sept. 30, 2009 - 61 sales, sale priced $85,000. to $825,000., avg. list pric...
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By Lynda Longmire
(Virtual Homes Real Estate)
Salem MA Short Sales - Pre-foreclosure Purchase As a home buyer looking for value in the purchase of real estate  you may consider a Salem MA short salee as a viable option.  Buying a short sale is a difficult and often a frustrating process and should not be confused with a foreclosure. To have success, hire experienced professionals that understand all aspects of the transaction.  Utilize the services of Realtors, attorneys, accountants, mortgage lenders and home inspectors as they all provide expert advice. A Salem Short Sale Defined Homeowners that have financial hardships may pursue a short sale prior to foreclosure.  The property value is less than the outstanding liens on the property (mortgages and insurance premiums) and the homeowner does not have sufficient resources to pay ...
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By Lynda Longmire
(Virtual Homes Real Estate)
Salem MA Foreclosures, Short Sales and Bank Owned Homes for Sale Purchasing a home at a Salem MA foreclosures auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real estate agent and placed in the Massachusetts Multiple Listing Service (to ensure ...
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By Lynda Longmire
(Virtual Homes Real Estate)
Salem Massachusetts Real Estate Market Reports for 2009 Single Family Home Sales The Salem, MA real estate market report indicates that there were 184 homes sold in 2009 as compared to 150 in 2008. This represents a 23% increase in the number of homes sold. The average sales price changed from $315803 in 2008 to $298397 in 2009, a 6% decrease in value. The days on market changed -19 % from 139  to 112. Visit Salem MA real estate for information about the community, relocation, demographics, MLS search, home buying and selling guides.   Go to Salem MA homes for sale to view current listings of homes, condos, multi-family and land listings. Condominium Sales The Salem, MA condominium market data indicates that there were 260 condos sold in 2009 as compared to 257 in 2008. This represents...
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By Brian Dapice, Bostonnulls North Shore
(Keller Williams Realty)
With respect to the expert opinions of many, I do not think Salem will see the same depressed economy in the upcoming months many other markets will. Vacancy is currently very low in the retail sector, and we are barely into the spring months! Office space is a different story. There are several vacancies in and around downtown. With the addition of the new courthouse I hope to see that change. Many of the retailers I have spoken with are extremely encouraged! Investments still maintain their great values, specifically in the Salem Point area. One should expect a true 9% cap when analyzing property values. If you are interested in the Salem market at any capacity, I consider myself an expert in the Salem, Beverly & Danvers MA markets. Please feel free to email me through www.BrianDapice...
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By Lynda Longmire
(Virtual Homes Real Estate)
Salem Massachusetts Single Family Market Activity - Year to Date (10/31/2009) There were 151 single family residences sold YTD in Salem, MA with an average sales price of $301,214 and an average days on market (DOM) of 112. The selling range was a low of $85,000 and a high of $825,000. As of October 31, there were 51 homes on the market with an average list price of $428,588 and an average DOM of 141. There were 6 homes under contract with an average price of $305,467 and an average DOM of 86. Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services. Salem MA Real Estate - Community, relocation and school information with town demographics. Salem MA Foreclosures -...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Salem MA Condos Market Report - YTD (10/31/2009) There were 214 condos sold YTD in Salem, MA with an average sales price of $226,645. The selling range was a low of $25,000 and a high of $470,000.    The number of units sold decreased from 229 to 214 since 2008.   Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services. Salem MA Real Estate - Community, relocation and school information with town demographics. Salem MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales Salem MA MLS Search - View all listings in the statewide MLS. Salem MA Homes for Sale - Map Search - Search by location, neighborhood and commuting. This report i...
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By John Fountain, Broker Associate C21 Northshore NH. & Mass
(Century 21 North Shore)
Thinking of relocating back to Mass, Well You are not alone. The trend now is returning to the home State, Florida used to have 10.000 plus people moving into the State a week, Now that trend has reversed, twice as many people are leaving than are arriving, Where are the going---the answer is back home or at least to the area they know, WHY--Because they can buy more house for the money, for example when they sold up to 4 years ago they sold for top dollar, now when they come back they can find deals with up to 50% of the sale price from the time they left, this of course equals a gain. Also there is no capital gains Tax to worry about as you only have to live in the home you own for 2 out of 5 years to take advantage of this tax break. Also another big reason Baby Boomers are returning...
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