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Wednesday, September 17, 2014
OPEN HOUSE - Saturday September 20th, 11am-1pm Now Being Offered at $339,000!
Friday, September 5, 2014
Good News!
Housing Market has improved and stabilized across the
state!
As everyone has been aware,
it has been a roller coaster ride for the real estate market in Massachusetts
and across the country for about the last 10 years.
However, the South Shore home
prices seem to have finally recovered.
Take a look at this chart showing
median prices of some local south shore towns over the last few years:
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2005
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2012
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2014
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Quincy
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$375,000
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$305,000
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$350,000
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Weymouth
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$345,000
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$271,000
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$305,000
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Braintree
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$385,000
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$330,000
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$340,000
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Holbrook
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$324,450
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$225,000
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$232,750
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Hingham
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$665,000
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$650,000
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$552,450
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(With Hingham being
the exception, however a few low-price sales can definitely affect
the median outcome).
Median home prices for the
South Shore homes in Massachusetts have risen for the last 19 months straight,
according to The Warren Group, which stated by April, 2014 the median home
price was at $315,000.
Foreclosures have also
significantly decreased over the past two years!
It’s a good time to buy or
sell, get into the market before the dreaded cold winter months come along!
Thursday, August 21, 2014
The Numbers Don’t Lie!
If you were to wait to buy a home instead of taking
advantage of the current lower interest rates it could cost you over $100,000
over the course of your 30 year loan!!
Yikes!! That’s a lot of money that could go towards a new car, a
vacation home or into a retirement fund!
Let’s take a look at the numbers, if you find a home for
$250,000 today at the interest rate of 4.12%, your payments would roughly be
around $1200 per month.
However if you wait until next year to buy that same home,
with the home price rising to $270,000 and interest rates up at 5.3%, it would cost you
roughly $1500 per month. Over the life
of the 30year loan that’s over $100,000!!
A savings of $3600 each year could be your vacation
money, or improvements to your new home.
I’m sure you can think of more productive ways of spending that
money!
So what’s stopping you?
Thursday, August 14, 2014
With Home Price Increases Slowing, It's a Great time to Buy Your Dream Home!
The S&P home price index recently
posted that there was a 9.3% annual increase in May down from the 10.8% in
April. The rate in November 2013 was as
high as 13.7% before starting its slow descent.
This is good news for both
buyers and sellers. Especially since
some buyers would otherwise have been left on the sidelines with the continued
faster increase in prices.
The slower home price
increase is also a sign of the housing market returning to normal. Since the market is stabilizing, this is a
great time for buyers to make their purchase.
Recently Harvard’s Joint Center of Housing Studies revealed five financial reasons people should consider
buying a home.
1.) Housing is typically the one leveraged investment available.
2.) You're paying for housing whether you own or rent.
3.) Owning is usually a form of “forced savings”.
4.) There are substantial tax benefits to owning.
5.) Owning is a hedge against inflation.
So, what’s holding you back?
Invest in yourself and your family’s
future.
Buy a home and start building equity in
your future!
Friday, August 8, 2014
Welcome to 11 Boxberry Lane, Rockland
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New Listing 40 Independence Ave, Hanson
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Thursday, August 7, 2014
New Listing in Weymouth!
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