Ashland
If you wait for the Robins, Spring will be Over.
October 28th, 2008 Categories: Ashland, Framingham, Holliston, Hopkinton, Market Conditions, Real Estate
I couldn’t keep from creating this blog title after reading it in a Warren Buffett Op Ed piece. It was in the New York Times Oct 17th. Now, I understand that everyone will critize the Realtor speaking positive about the real estate marketplace, but I am excited about this Low!
When is the “Low”?
You won’t know it until you see it in the rear view mirror.
Now don’t get me wrong, I am a real estate agent in a very down market. I am working harder and dealing with more emotions then I have in my 10 years. If I can manage scraping up a little cash, I will be putting it into equities and real estate NOW.
I worked an open house a few weeks ago, and at least 3/4 of the visitors were interested, but waiting for a bit longer for the market to fall further. This was a very real display of pent-up demand.
Another contridictory real world example is a client looking for a $800K home in Holliston but not having more than a handful of options in the past 3 months. Do I really need to direct mail a neighborhood to let them know I have a Buyer for them? That is not the real estate market that the Boston Globe is reporting about!
In scanning over the region’s 3rd Quarter real estate stats, the median prices are reporting grim news to homeowners:
Holliston down 13.6%
Hopkinton down 8.7%
Framingham down 7.2%
Ashland down 7%
Natick down 5.4%
In regards to the number of sales, the region has 12.8% fewer sales!
OK, where you are ready to jump out a window, I am now salivating! Yes, I do own a home, but I am not ready to move yet. Therefore, no sweat.
Take a deep breath Massachusetts, the sky has not fallen and it is time to start figuring out how to take advantage of this market, not how to escape it!
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Ashland: Boston Magazine Sticks a Label on You!
August 27th, 2008 Categories: Ashland, Real Estate
Congratulations Ashland, Boston Magazine reports that you are the top town in Massachusetts for a buyer who is “single and you want peace and quiet.”
Ok, so it’s not a very prestigious award, but you made the list!
When it comes to nightlife, Ashland offers little more than cricket symphonies. What it does provide in abundance are small houses and fully loaded townhouses, priced in the $300,000s, that you can swing on a single income. There’s also the promise of future gains: Metrowest has been home to a sales-appreciation gravy train in the past decade, and this town sits at the next stop.
The article also provided some stats.
Read the rest of this entry »
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Foreclosure Real Estate Secrets
February 3rd, 2008 Categories: Ashland, Framingham, Grafton, Holliston, Hopkinton, Market Conditions, Marlborough, Milford, Natick, Real Estate, Southborough, Westborough
First time buyers of real estate are salivating at the idea that the Buyer’s Market in Massachusetts is offering “steals” in every neighborhood. They hear of foreclosures, auctions, and people unloading property at every turn.
This is not only a falsehood, but when buyers learn of the process, they usually run for the hills.
Let me explain how foreclosures work…
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4 Crucial Reasons to Buy In this Perfect Market
November 27th, 2007 Categories: Ashland, Framingham, Grafton, Holliston, Hopkinton, Market Conditions, Marlborough, Milford, Natick, Real Estate, Southborough, Westborough
You have been hearing all sorts of bad news in every newspaper article for the past 2 years. These are the 4 reasons why this is THE perfect time to be a Buyer. You should not delay, even if it means dealing with getting less for your current home!
As a full time Realtor in the Metrowest area for the past 10 years, I have seen mostly “good times”.
But were they?
My buyer clients were buying with multiple offers in the first few days a home was listed. Interest rates were good, but prices were climbing at double digit rates.
Ok, they were good times for Sellers.
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What??! Boston Area Real Estate “fairly valued”??
November 21st, 2007 Categories: Ashland, Framingham, Holliston, Hopkinton, Milford, Natick, Real Estate
SmartMoney Magazine reports in the December 2007 issue that Massachusetts real estate is considered “fairly valued”.
They compared local housing prices with other factors, including household income, population density, and interest rates.
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