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Norfolk County, MA Real Estate News

By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
 Starting in August 2024, there are several important regulatory changes in the real estate industry that will impact both sellers and buyers. One key change involves the requirement for buyers to sign a buyer agency agreement. This agreement clarifies the relationship between the buyer and their agent, ensuring that both parties understand the terms of their engagement. Another important change affects how commissions are handled by Multiple Listing Services (MLS). Previously, it was common for the seller's agent to offer compensation to the buyer's agent through the MLS. However, with the new regulations, this practice will be altered, giving buyers both more transparency and more responsibility in negotiating their agent's fee directly. It is advisable for both parties to consult wit...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
When selling your home, it's important to budget for several key expenses. These include the real estate agent's commission, which should be discussed and agreed upon upfront. You might also consider costs for home improvements to enhance your property's appeal and professional staging services to showcase it effectively. Additionally, there are legal fees and potential buyer incentives to consider. A professional Realtor, like Nancy Moore Needham Realtor,  will provide a personalized breakdown of these anticipated expenses, ensuring you have a clear understanding of the financial aspects involved in the selling process. They will guide you through each step, helping you budget appropriately and make informed decisions.
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By Kelly McGovern, Working with Kelly is a good move
(Realty Concierge International)
Check out this new Franklin 2-bedroom rental within walking distance to downtown Franklin, Dean College and the commuter rail station.  Common, coin-op laundry and some storage available in the basement.  Only $1595/mo.  No dogs but cats are okay.  Contact me for showing schedule.Click here for listing information!
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By Kelly McGovern, Working with Kelly is a good move
(Realty Concierge International)
NEW TO MARKET!139 Main Street, Medway MA$599,9002 Family, separate utilities, town water/sewer, separate driveways/entrances, and close to Rte. 495, Franklin's commuter rail and downtown.  Great investment property or owner occupied with tenant.  Currently occupied (TAW). This was listed on MLS Friday and has received a great response!  I scheduled a group showing for tomorrow, June 25th from 7-7:30 to have buyers and their agents run through the property.  Great price! Great property!  Will be gone fast!
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
1.The notion that you need a perfect credit score to buy a home is a common myth. While a good credit score is beneficial, there are various loan programs available for buyers with less-than-perfect credit. It's essential to consult with a mortgage professional to explore the options tailored to your specific situation. 2.The myth that a 20% down payment is mandatory is far from the truth. Many buyers believe they need a hefty down payment, but there are numerous programs requiring much less. With FHA loans and other options, it's possible to buy a home with a down payment as low as 3.5%. It's crucial to research and understand the diverse financing options available. 3. The belief that you must find the 'perfect' home on your first attempt is another common misconception. The reality i...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
 If a Realtor has at least five years of experience in your local market, has visited your property, carefully examined its features, identified comparable properties, provided a thorough market analysis, and discussed the factors that affect your home's value, you can trust their estimate more than Zillow's. Zillow often gets it wrong, either overestimating or underestimating home values. The platform can't conduct in-person assessments or notice things like outdated bathrooms, worn-out kitchens, or a property’s proximity to a busy road. You simply can't compare the expertise of a seasoned real estate professional to Zillow's algorithm.
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
It is true that some might consider it an unpopular time to buy a house given the current real estate landscape. With fluctuating market conditions, rising home prices, and increased competition, it can feel daunting. However, every market has its nuances, and what might seem challenging can also present unique opportunities. Consider this: interest rates are historically low, making borrowing more affordable. While home prices may be on the rise, it's a reflection of the strong demand in the market. Waiting for the 'perfect' time can sometimes mean missing out on favorable financing or the right property. Successful real estate decisions often involve a balance between timing and personal circumstances. If your financial situation is stable, and you find a property that aligns with you...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
 Determining the optimal asking price is a critical step in ensuring a successful and timely sale. Here's how a professional Realtor like Nancy Moore Needham Realtor approaches this:  Conducting a thorough analysis of recent sales of comparable homes in your neighborhood should be the first step. This will provide a clear understanding of the market trends and help establish a competitive and realistic price for your property. The current conditions of the local market need to be factored in, the supply and demand, interest rates, and economic trends which can all influence the pricing strategy.  Your home's unique features and overall condition play a crucial role in determining its value. Any upgrades, renovations, or special characteristics that set your property apart from others sh...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
  The speed at which a home sells can vary based on several factors, and while I can't provide an exact timeline, I can offer some insights.The following aspects can influence the speed of the selling process Local Market Conditions: The current real estate market in your area plays a significant role. A seller's market, with high demand and low inventory, generally leads to quicker sales. Property Pricing:Setting the right asking price is crucial. A well-priced home is more likely to attract potential buyers and sell faster.  Property Condition: Homes that are well-maintained and aesthetically appealing tend to sell faster. Consider addressing any necessary repairs or improvements before listing. Marketing Strategy:A comprehensive and targeted marketing plan can enhance your home's vis...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
Selling a unique home with quirks can be both a challenge and an opportunity. Embracing the distinct features and quirks of your home can set it apart from the competition and attract buyers seeking something out of the ordinary. Highlighting the character and charm of your home through effective marketing and storytelling can appeal to buyers looking for a one-of-a-kind property. However, it's essential to be transparent about any quirks or unusual features upfront to manage buyer expectations and avoid surprises during the sales process. Working with a real estate agent, like Nancy Moore Needham Realtor,  who understands the unique selling points of your home and can effectively communicate them to potential buyers is crucial. With the right approach, selling a unique home with quirks...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
If you're considering selling your home to embark on a life abroad, careful planning and preparation are key. Start by evaluating your financial situation and researching the cost of living in your desired location abroad. Consider consulting with a financial advisor to understand the implications of selling your home and managing your finances while living abroad. Additionally, it's essential to assess the local real estate market and work with a reputable real estate agent, like Nancy Moore Needham Realtor,  who can help you navigate the selling process efficiently. Depending on your timeline and goals, you may need to declutter, stage, and make any necessary repairs or updates to maximize your home's appeal to potential buyers. Selling your home for a life abroad can be an exciting a...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
Selling and buying a home simultaneously can be a complex process, but with careful planning and the right guidance, it's manageable. Start by working with a real estate agent experienced in coordinating these transactions, as they can help you navigate the intricacies and timelines involved. Begin by evaluating your financial situation and determining your budget for the new home while also considering potential proceeds from the sale of your current home. Timing is critical, so it's essential to align the closing dates of both transactions as closely as possible to avoid interim housing arrangements or financial strain. Consider options like contingent offers or bridge loans to streamline the process and ensure a smooth transition between homes. Effective communication with all partie...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
🍀 Hey there, friends and fellow lovers of all things Irish! 🍀 Are you ready to shamrock and roll? Because the Irish Cultural Centre in Canton, Massachusetts, is throwing a St. Patrick’s Day bash that’s going to be the talk of the town! Imagine a day where the lilt of the fiddle mingles with the laughter of friends, where the aroma of corned beef and cabbage fills the air, and where every jig and reel invites you to join in. That’s right, we’re talking about celebrating St. Patrick’s Day in true Irish style this March 17th from 11 am to 9 pm! Here’s what’s on tap for the day: Live Irish Music: Our lineup of musicians will have you feeling like you’ve been transported straight to the heart of Dublin. Irish Vendors: Find a little piece of Ireland to take home with you from our array of ven...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
When engaging in the process of selling a home, prospective sellers are confronted with various expenses, and a dedicated real estate agent like Nancy Moore Needham Realtor  is there to provide personalized guidance through this intricate financial landscape. The real estate agent plays a crucial role in ensuring that sellers are well-informed about the financial considerations involved in the home-selling journey.One primary focal point in this discussion is the real estate agent's commission, a significant component that requires upfront agreement and transparent communication. The agent, acting as a professional intermediary, takes the initiative to openly discuss and finalize the terms of the commission, establishing a clear understanding with the seller from the outset.In addition ...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
The Realtor's approach to fees should be rooted in transparency and a commitment to providing clients with the utmost value for the personalized services offered. In the initial discussions, a collaborative agreement on fees is reached, taking into consideration factors such as the dynamics of the local market and the distinctive features of the client's home. The aim is to establish a fee structure that not only aligns with the market realities but also reflects the unique attributes of the property.The Realtor endeavors to instill confidence in clients by ensuring that the agreed-upon fee encompasses a comprehensive range of services. From conducting a thorough market analysis to leveraging negotiation expertise, the fee is designed to cover every aspect of the selling process. The ov...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
Recognizing that your home is more than just a property, filled with cherished memories and personal touches, is fundamental to a professional Realtor's approach. The emotional connection the homeowner has to their residence is a crucial aspect that the Realtor takes into account, understanding that the home's value extends beyond mere square footage. When evaluating the property, the Realtor embarks on a comprehensive analysis that considers its unique features, size, and overall condition, along with any recent upgrades or enhancements made to tailor it to the homeowner's lifestyle.To arrive at a precise estimate of the home's value in the current real estate market, the Realtor employs a Comparative Market Analysis (CMA) that goes beyond mere numbers. This involves a meticulous exami...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
When contemplating repairs before putting your home on the market, it's essential to recognize that the decision is a highly individual one. A seasoned and professional Realtor such as Nancy Moore Needham Realtor can be an invaluable ally in navigating this process, guiding you towards the most beneficial choices tailored to your specific circumstances.Addressing minor issues, such as applying a fresh coat of paint or fixing small repairs, can significantly enhance your home's overall appeal. However, it's crucial to engage in a thoughtful discussion with your Realtor to assess the potential impact of each repair on the market value. This strategic evaluation involves weighing the benefits against the associated costs, ensuring that you make informed decisions aligned with your selling ...
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By Nancy Moore, Assoc.Broker/Realtor In my hometown of Needham,MA
(Gibson Sotheby's International Realty)
 The allure of a more fulfilling and satisfying living environment can become a driving force that transcends the pragmatic concerns of favorable interest rates. The emotional and lifestyle benefits of residing in a dream home take precedence over the monetary aspects, illustrating the profound impact that the concept of "home" can have on one's overall happiness and life satisfaction.The decision to trade lower interest rates for the prospect of a more ideal living situation reflects a deeper understanding of the role that home plays in shaping one's well-being. It is a testament to the significance of creating a space that not only meets basic needs but also fulfills the emotional and psychological dimensions of one's life. For many, the pursuit of a dream home is not merely a transac...
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By Michael Mahoney, Boston Realtor
(Real Broker, LLC)
Wishing you all wealth and prosperity in 2024! 
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By Michael Mahoney, Boston Realtor
(Real Broker, LLC)
Open Houses in Norfolk County this Weekend 🏡 Explore 14 inviting single-family homes in Norfolk County, Greater Boston, this weekend, with an average living area of 3418.57 sqft and an average listing price of $1,364,563, all within an average of 91 days on the market! 🏠 Condo lovers, don't miss out on 3 cozy condominiums with an average living area of 1200.67 sqft and an average listing price of $628,000, offering a comfortable retreat with an average of 73 days on the market! 🌟 See all the open houses here  
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