Tri-County, MA Real Estate Blog: Massachusetts

Yesterday I almost broke the record in my office for the shortest successful short sale list-to-close transaction!  There were many people to thank including my very organized seller, her wonderful attorney, the buyer's broker, the buyers and the buyers bank but the biggest thank you has to go to Saxon Mortgage!

It only took 6 weeks from the receipt of the short sale package until we got the acceptance letter.  Just 6 weeks!  In total we closed in less than three months.  To top it off we got the OK to close a full week early!

Sure not every short sale is the same and some have larger hurdles to overcome so maybe we just got lucky but it's proof that a short sale doesn't need to be a painful, hair pulling, OMG shoot me now experience.

There are banks that have their you know what together.   Even if it's only for one sale!

Do you have a success story with a particular bank?  Feel free to comment and give them a virtual high five!

If you are considering a short sale on your own Massachusetts home call me, text me, email me, Facebook me, Tweet me.  Let's see if we can achieve another success together!

This is a Highridge Estates Stunner!

24 Highridge Rd in Bellingham, MA is a lovely 6 year young colonial in desirable Highridge Estates.

The homes exterior shines with professional landscaping and decorative lighting.

This home features decorator touches and an open floor plan perfect for entertaining!

It's the best of both worlds with formal living and dining room spaces for more intimate gatherings.

The eat in kitchen features newly installed granite counters and travertine backsplash.  There are stainless steel appliances, generous cabinet space, and under cabinet lighting.

It opens up to the large family room with vaulted ceilings, surround sound and a wood stove fireplace flanked by built in shelves.

The large master upstairs features walk in closet and spa like bath with jetted tub and separate shower.

This 4 bedroom 2 and a half bath home sold for $500,000.  This home will WOW you!

www.24highridge.com

Here is your Blackstone MA Real Estate Market Report for Single Family Homes in January 2010.

• There were 33 single family homes on the market in Blackstone MA in January 2010 with an average list price of $280,724 and an average time on the market of 93 days.

• There were 3 homes under agreement with an average list price of $213,933 and an average time on the market of 29 days.

• There were 4 single family homes sold in Blackstone MA with an average list price of $238,801 and an average sale price of $233,125.  These homes were on the market for an average of 128 days.  Homes sold within an average of 97% of their list price in just over 3 months!

Looking to price your home to sell fast?  Give me a call for a market analysis!

Here is your Bellingham MA Single Family Home Market Report for January 2010.

• There were 71 active single family homes on the market in Bellingham with an average list price of $339,185 and an average on the market for 156 days.

• There were 9 single family homes under agreement with an average list price of $199,028 and an average on the market for 77 days.

• There were 10 single family homes sold in Bellingham MA with an average list price of $319,349 and an average sold price of $314,949.  These homes were on the market for 127 days.  Single family homes sold within 98% of their list price in a little over 3 months!!

Such great statistics and proof positive that pricing your home correctly makes all the difference!!

Dear First Time Homebuyers:

Massachusetts is offering through MassHousing a loan program that will allow you to use your 8K First Time Homebuyer Tax Credit towards your down payment or closing costs!  This Homebuyer Tax Credit Loan Program can be obtained by contacting a MassHousing lender and meeting eligibility certain requirements which can be found in greater detail on the MassHousing website.

Of course you only have until April 30th of this year to be under agreement on a home and you need to close on that home by June 30th in order to qualify for the 8K tax credit.

This is a loan program so the tax credit you receive from the federal government would need to be used to pay the MassHousing loan.  There is no interest on this loan if paid by June 1, 2011!

So if you think that homeownership might be right for you but are worried about having enough for your down payments or closing costs this MassHousing Homebuyer Tax Credit Loan Program might just be your answer.

If you are interested in more information or would like to discuss your options to see if homeownership may be right for you at this time then give me a call, send me an email, friend me on Facebook, send me a text message.   I'll even return messages by carrier pigeon!

Best,

Erin

Dear Massachusetts First Time Home Buyers:

So you were thinking last year "maybe I should look into buying a home now."  But you waited.  You knew they'd end up extending the first time home buyer tax credit anyway so you could wait. 

It's a new year.  The holidays are over, we're in a deep winter freeze in Massachusetts, and Spring sounds really really good right now!

Spring also means an end to that first time home buyer tax credit extension!

So here's what I'm writing to tell you:

You need to be under agreement on a home by 4/30 and close by 6/30 to get the 8K tax credit. 

What is a tax credit you ask?  A tax credit reduces the amount of taxes you owe. Click here for FAQs about the tax credit.  You get a credit of 10% of the purchase price up to 8K.

If you're wondering if buying at this time is right for you, give me a call and we can talk about it.  I don't want anyone to miss out and wonder later on if maybe they should have at least talked to someone about buying a home.

All my best,

Erin

Welcome to Charles River Farms in Franklin, MA!  Named the 10th Best Place to Live and Launch in 2008 by CNN Money!

This well established neighborhood is made up of traditional New England Colonials and is located in the Oak Street School District.

Currently there are two homes under agreement and two on the market with one home sold in the past 6 months for $560,000. 

Charles River Farms is a highly sought after neighborhood.

Most homes have 4 or more bedrooms and feature well planned out interiors.  It's a neighborhood filled to the brim with pride of ownership.  Scenic lots with mature trees average about an acre.   There's curb appeal galore!

Winding streets complete with sidewalks make it a walker's (or runner's) paradise!

  With a 3 mile drive to Route 495 and a 2 minute Drive to the Forge Park Commuter Rail Station.  Charles River Farms in Franklin, MA is a neighborhood that defines the term commuter's dream!

View Charles River Farms in a larger map

Call me today to make an appointment to see one of the stunning homes for sale in Charles River Farms!

Here is your 2009 Millville, MA Real Estate Market Report for single family homes.

There were 22 single family homes sold in Millville, MA in 2009 with an average sold price of $223,359 against an average list price of $236,498.  Houses sold within 94% of their list price in an average of 157 days.

Compare this to 2008.  There were 32 single family homes sold in Millville, MA in 2008 with an average sold price of $299,670 against an average list price of $306,081.  Houses sold within 98% of their list price in an average of 172 days.

What do these numbers mean?  The market in Millville, MA was significantly slower in 2009 than in 2008.  I'm hoping this indicates that the market in town reached bottom this year and will begin to turn around in 2010.  There is quite a bit of new construction happening in town right now.  You can get a bigger house for your money and with easy access to Routes 146 and 495 and a solid school system this is a town to watch in the future

Here is your Blackstone MA Real Estate Market Report for 2009!

There were 58 single family homes sold in Blackstone MA with an average sold price of $240,888.  The average list price was $251,914 and homes were on the market for an average of 151 days.  Homes sold for an average of 95% of their list price.

Compare this with 2008 when there were 44 homes sold in Blackstone MA with an average sold price of $261,538.  The average list price was $269,851 and homes were on the market for an average of 161 days.  Single family homes sold for an average of 97% of their list price in 2008.

The Blackstone market is a prime spot for buyers looking for bigger bang for their buck!

Here is your Bellingham MA market report on single family homes for 2009!

There were 131 single family homes sold in 2009 with an average sold price of $275,097.  The average list price was $282,193.  This means that on average homes in 2009 in Bellingham MA sold for 97% of their list price!  The average time on market was 124 days.

Compare this to 2008 where there were 130 single family homes sold with an average sold price of $295,397.  The average list price was $308,405.   The average home in 2008 in Bellingham MA sold for 95% of their list price in an average of 131 days.

What does this data mean for Bellingham MA homeowners?  It's a sure sign that the market in our town has stabilized this year! 

Single family homes are selling closer to their list price and with less time on the market!