Have you ever driven by a For Sale sign and wished you could get information on the home without talking to a sales agent? The RE/MAX Prestige Curbside Connection program allows you to get the info you're looking for on ANY residential home listing before you drive away without speaking to an agent if you don't want to!
Just call the number at any time 24/7. You'll be prompted..(read more)
Has the cold weather caused your heating bills to rise?
If you are an NSTAR customer, there are rebates available to help reduce your total cost in making your home more energy efficient.
Was your home built before 1960? If so, there is a good chance your exterior walls are not insulated. If you are an NSAR customer and you are thinking about adding wall insulation, attic insulation or air sealing..(read more)
I just watched an interesting piece on 60 Minutes where an investment fund manager, Whitney Tillson, outlines a potential second wave of forclosures from Alt A and Option Arm mortgages.
It's well worth the twelve and a half minutes to view: http://www.cbsnews.com/video/watch/?id=4668112n
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It Appears Some Towns Have Reached the Bottom
The number of Active Single Family Listings throughout the Merrimack Valley has declined slightly over the past month (except for Tyngsborough and Lawrence where the number of active listings has remained unchanged when compared to this time last month). However, the Average Days on Market (DOM) has increased in numerous towns. Declining inventory..(read more)
Be fearful when others are greedy. Be greedy when others are fearful. - Warren Buffett
Opportunity abounds throughout the Merrimack Valley. Inventory levels in most communities remain above 6 months (a 5-6 month supply is considered normal and balanced) which gives Buyers plenty to choose from. The number of transactions in most cities and towns has remained stable over the past few months, and inventory..(read more)
Market activity in the Cities of Lowell, Lawrence, & Methuen remains relatively stable. This is due in large part to the high numbers of Bank Owned Foreclosed properties which continue to attract investors to these cities.
The Town of Billerica continues to see steady demand, and the Median and Average Sales prices of single famiy homes in Billerica increased slightly for the second straight..(read more)
While values in the Merrimack Valley continue to be below the market's peak from 2005, activity has been consistent over the past couple years.
The single family markets in the cities of Lawrence, Lowell, and Methuen continue to be negatively affected by the large number of bank foreclosures. Values and the number of sales remained fairly stable in the surrounding towns of Andover, Billerica,..(read more)
Think Locallay, not Nationally
When it comes to Real Estate, it is important to look at Local Trends, not National Trends. I'm sure you've heard the saying "the most important thing in real estate is Location, Location, Location." I couldn't have said it better myself.
Real Estate can..(read more)
Home buyers who have not owned a home in the last three years will be eligible for a tax credit equal to 10 percent of the property up to a maximum of $7,500 under the new houseing bill.
The reason for this bill is to help get buyers off the fence and reduce inventory levels.
Here’s is a summary of the how the credit works:
If you have not owned a house during the past..(read more)
It's a great time to Buy! There are still many excellent opportunities in the Merrimack Valley.
If you don't believe me, take a look at the recent activity.
As usual, May and June were busy months for closing attorneys, their staffs, the clerks at the Registry of Deeds, and moving companies (or friends with pickup trucks). Closings fell off slightly in July (the numbers below reflect..(read more)
