Middlesex County, MA Real Estate News

While Cambridge is technically outside of the City of Boston, data trends in the housing market and in particular the rental market in Cambridge closely mirror that of Boston.  Both are highly cyclical markets that depend heavily on apartment turnover from the local student population.  So while Boston’s rental market is reeling due to inventory spikes, it should come as no surprise that the same supply issues are occurring in Cambridge.Cambridge may be best known as the home of two famous universities:  Harvard and MIT.  Like most of the area’s Universities, both adopted remote learning for the 2020-2021 school year, severely hampering the influx of students we normally see in September.   As a result, the real estate market in Cambridge has experienced quite a bit of fluctuation in te... 02/18/2021

The average time needed for selling a house all through to closing is around 65 days.If your home exceeds this duration, there may be some underlying reasons why it’s not selling. But if you are wondering how will I sell my Chelmsford MA house fast, don’t despair because you have us as your reputable home buyers.We are ready to buy your Chelmsford MA house fast at any time of the day, anywhere, and in any condition. By agreeing to be in business with us, you will be setting yourself up for financial independence.Your house may not be selling because your Realtor isn’t working hard enoughIs your real estate agent really working in your best interest? Every agency has its way of operations to help you sell.You have to select a realtor that is experienced, reputable, and one that specializ... 09/15/2020

Not living in fear, perspective, hope and caring in this time of Covid-19, the offical title for the corona virus pandemic that is sweeping the world right now.  People all over the world are living with this new reality. A virus that is fast moving and very contagious has made it from China, through Italy and now here in the US. There was political maneuvering from the Oval Office that promises to make it worse in the states.  Federal response has been slow and plodding. Fortunately the individual State officials are stepping up in the wake of the response to protect their citizens. Here in Massachusetts our Governor has already taken strong actions.Later today we are doing a podcast on Broker-Talk.com with a Luxury Agent from Milan, Italy. He will share with us what his country and hi... 04/02/2020

Real Estate Best Practices PODCAST with Ilya Cobi From William Raveis, The Cobi RE Team in Brookline, MA. In this podcast Ilya, Larry and Jim talk about the characteristics of the best agents and their practices. Not all agents are created equal, there are A students and C students and it is not hard to tell them apart. The best agents use the best practices and technology. In today's world where we no longer have free access to properties during this pandemic it is even more important than ever you work with people who know the process completely and can keep you informed and prepared to make the decisions on the property along the way.Real estate agents are everywhere. Everyone has a friend, a relative, a significant other, a friend of a friend or that annoying guy you met at Starbuck... 04/01/2020

In the office not at home Day 2 Covid-19 lock down. I always makes calls when I am in the car traveling, we agents spend a lot of time everyday in the car going places. Here in Massachusetts we are in lock down and are told to shelter in place (which means don't go out). This Corona virus is serious and is impacting businesses, families and countries.  The only way to protect yourself is to be away from people for a time so that we can flatten out the new infection curve.I spoke with a client this morning who wondered where I was calling from. I said from my car and I am headed to my office.  A pregnant pause before he asked, "why are you going to your office?" I explained how our office has been clean and disinfected.  I have my own space that no one uses but me so I should be safe.  T... 03/20/2020

Running Out of Toilet Paper and Loosing my Mind is a perfect description of this historic day. CoronaVirus, Covid-19 is on the upswing, the Fed just cut it's rate to zero and there are actually agents out there who don't know the relationship with the Fed Rate and the Interest Rates banks charge for mortgage loans.  The running out of toilet paper is this moments true craziness. For some reason people are hoarding toilet paper and the thoughts that come to mind for why are just too horrifying to consider without disinfectant.There are still lots of buyers who are looking for homes and not near enough homes on the market to satisfy the need. On the other side of that is price, with scarcity comes increased prices, but with the threat of life altering pandemic the desire to get out makes ... 03/19/2020

Since 2015 the real estate market in Tewksbury MA has been on the rise with some years approaching 7-10% appreciation. Optimism in the economy and low interest rates have created the rise in the price of housing in Tewksbury. Combine that with an extreme lack of inventory it has kept the Tewksbury market on the rise.To predict where the 2020 Tewksbury market is going, we need to see what did last year in comparison to the previous year.Where Has The Tewksbury MA Real Estate Market Been?In 2019 we saw 318 Tewksbury MA Single family units sell for a median price of $450,000. On average it took 24 days for those properties to receive an offer. Compare that to 2018 where we saw 283 units sell for a median price of 439,000 in 23 days to an offer. This is a modest price increase of 2.5%, down... 03/16/2020

Raising the boat for all Broker-Talk with Kate Lanagan MacGregor.To be a licensed real estate agent is simple, take the courses, pass the test and voila, you are an agent. Being professional at this career is a wholly different and more rigorous process.  Our guest today on Broker-Talk.com is Mattapoisett, MA Realtor/Broker extraordinaire Kate Lanagan MacGregor of Bold Realty, Inc. Kate is a social media savant. She demonstrates on a daily basis how much she cares.  Starting with her daily posts on RITUALS to Rise (a private Facebook Group dedicated to starting each day with power, focus, strength and love).Listen to this episode of Broker-Talk.com and find out how to be the best agent you can for your community.  Find out how to be one of the best people you can be with Kate showing th... 02/05/2020

 Newton Residential Single Family Market Report Jan 2020. Lots of things going on inside the 13 villages that comprise Newton. Issues right now with some development projects that include affordable housing.  There are a total of 165 properties in Active, UAG, Sold or some other form of "on the market" housing through the Multiple Listing Service MLSPIN in the Boston Area.Single Family New Listings: 2 Median Liv. Area SqFt: 3,712 Median List $: $1,612,000 Median List $/SqFt: $418 Median DOM: 108  Now you may think this is odd the fact that DOM is 108 when they are new properties, and it is, but it is the way MLS deals with properties that were on the market, go off for a period of time and then come back on.Single Family Active Listings: 57 Median Liv. Area SqFt: 3,606 Median List $: $1... 01/16/2020

Selling your home-strategies and tips. search with this term and you will get a plethora of choices. They all are necessary steps in the process, but they just may not be in the right order. What is important is what you want to get from the sale and how are you going to wisely use those proceeds. These are always significant transactions. When large sums of money are exchanged many tax implications are part of the deal. Considering the long term benefit to be preserving and protecting your cash, the first step in selling your home is to know what you are doing with those funds and how you are going to do it.Then of course look on line and see the competition in your neighborhood, see what the prices are, if there are open houses, go to those open houses and see how they are being marke... 01/14/2020

Broker-Talk with Chris Brogan StoryLeader 3 Words for 2020. Chris Brogan is a nerd, I love nerds. Chris was focused on growth and learning when I met him in 2005. He worked for a telecom in some tech type job and he was tired of going to the same old conferences where you sit in an audience with a set schedule of topics that were not always valuable. Along with Christopher Penn, Chris Brogan created the PodCamp movement.  That pulled me in.  With technology and social media growing in importance I saw the value in knowing and understanding it more. PodCamp offered the attendees an opportunity to shape the future. Broker-Talk.com is an outgrowth of those early days and I am thrilled to have another opportunity to connect with Chris and listen to what he is currently working on.  His Thre... 01/09/2020

Boston Area Luxury Marketing Report Jan 2020. I gather information from several sources for this report. I include the towns I mostly work in, Boston, MA; Newton, MA; Weston, MA; Wayland, MA; Milton, MA; Dedham, MA; Westwood, MA. Information comes from Institute for Luxury Home Marketing where I am a Million Dollar Guild Member in good standing, and MLSPIN the local Multiple Listing Service in this area. All reports are based on trailing statistics. The Dec stats will be in sometime later this month.Luxury, as defined by the Institute is the to 10% of all properties on the market at any given time. For the purposes of this month listed the price to get into this select club is $1,950,000. Any property below that price would not be considered luxury for this report. Many homes below this... 01/08/2020

Gratitude 2019 Broker-Talk.com with Deanna Coyle. Deanna Coyle is a co-founder of VestaDivorce and she was a guest on our show a month ago.  Her story is one very many of us can relate to. So many people go through difficult marriages, grow up in difficult households, live without love and have to survive.  Life is pain is an axiom for all, we end up dead and that is no real spoiler. No life is without pain and challenges, have you ever heard the story of Buddha?Broker-Talk.com is a 30 minute show about real estate and life. Co-hosts Larry Lawfer and Jim Lowenstern discuss topics of real estate and a life lived.  Deanna's life of hope and rejuvenation has helped her build a business that on a daily basis helps people who need this help. Her spirit of gratitude comes from her life experi... 01/06/2020

12/02/2019

Last week a friend asked if I wanted to go in Boston to take on a free country music movie given by WGBH TV which included a tour of Fenway Park.  Of course I said yes.  We go in to Boston Monday night and notice such a crowd and were surprised so many people were taking in this country music movie but maybe it was the tour that brought them out and the fact that it was 'free'.We drive around and around and around looking for parking, refusing to pay $50 to park.  We settle for $35 blocks away and walk (and walk).  As we are getting closer, the crowds are all walking in the same direction towards Fenway.  My friend says, "you know we really need to come back and take in a Sox game sometime" and I was all for it!  They are a blast!Starting about a block or so away there were people on th... 09/12/2019

Proven Strategy for best Sale of Home YourStories Realty Group. Real estate is a process in both an up market and a down market. Properties sell every month, some months more, some months less, they sell, every year.  Properties move from one deed to another when prices are going up and prices are going down, they move. There is never a reason to panic and make bad decisions about your own move. The system and strategy is simple and straight forward for both the buyer side and the seller side. The person who is best prepared with the best story wins. That is the way.Look at the market of comparable properties and be specific. Be within 10% of some specifics like square footage, rooms, yard size, age, style etc. Actually with style you would want to be exact because a center enter Coloni... 09/12/2019

 Beautifully appointed 4 bedroom Colonial which sits at the end of a cul-de-sac. The entry level consists of the kitchen outfitted with stainless steel appliances, granite counters, recessed lights, ceiling fan/light, and wooden cabinets. The elegant dining room has wood floors. The spacious front to back living room features a wood burning fireplace, recessed lights, and wood floors. Enjoy direct access to the private deck and also the the 1 car garage. The powder room completes the main level. The second level consists of an incredible master bedroom with a walk-in closet, vaulted ceiling, and state of the art master bath including a jetted tub, waterfall shower, and double vanity. Three generously sized bedrooms and a full bathroom. The finished lower level area is great for a family... 09/11/2019

My buyers made me do it, YourStories Realty Group. I couldn't believe Bill (my Buyer) was making me do this.  What could I do, he is a first time home buyer and he is incredibly excited. Remember what that is like? The emotion can be almost overwhelming at times. "I want the sign that is in the lawn," Bill confirmed with me. "Huh" I am thinking? "You want the For Sale sign that is in the lawn," I ask?."Yes.""You want what?" the agent asked me when I called.  Usually, as you are moving towards the clear to close, phone calls often come with things to be cleared up. While a closing gift is an item all agents clear up, it is usually in their own minds, but here I was asking Robin."Well, he is so excited and wants to remember these moments," I shared."Sure, you can buy the SOLD sign from me... 09/11/2019

11 Linda Rd. Wilmington Just Listed $489,900Desirable North Wilmington location - close to Route 93 and the North Wilmington Train Station. This well maintained three bedroom Cape is located in a great neighborhood. The main level features the living room with hardwood floors, a beautiful wood burning fireplace, dining room, and eat-in kitchen. A large bedroom and full bathroom complete the first floor.. A dormered second level has a large master bedroom with sliding glass doors, a second bedroom and another full bathroom and lots of storage space. The family room is in the lower level along with a workshop and the laundry room. There is a breezeway off of the kitchen leading to the one car garage and also the enclosed screened in porch. Nice yard and patio space for your next cookout w... 06/13/2019

Hows the Market Day 61 Your Million Dollar Year. This is a question any real estate professional should be able to answer in detail when asked, and you will be asked. National trends in lending, inventory, prices, days on market (DOM) and other stats should be followed and understood by the professional. Here in the Boston area we often lead the market in prices. For instance Lawrence Yun, chief economist for the National Association of Realtors (NAR) recently shared that nationally although fewer house have been sold this year than last the interest rates remain low, DOM is going down as well while inventory of available housing is going up. The average house nationally costs $267,300 which is up from last year.Here in the Northeast the average house costs $277,700 up from the year bef... 05/24/2019