We are often asked this question: “How do we decide if we should update our current home or spend the money buying a new one?” We received such a call from Kelly and Keith who have been in their 1500 square foot home for 12 years raising their 2 children. They were interested in learning […]
Why are Home Prices Heading Higher?
What’s Really Driving the Rise in Home Prices? The Wall Street Journal recently cited five significant factors behind the rise in home prices, as numerous markets see significant year-over-year gains. The big price drives are: 1. The rise in housing affordability – which is drawing more buyers out into the market who are looking to […]
Prices UP – Inventory down – Housing Rebound?
August 2012 Market Update The national housing market continues to recover, indicated by a balanced supply of inventory and increasing home prices across the country. NAR President Moe Veissi states, “The very favorable market conditions are helping to unleash a pent-up demand, which is why housing supplies have tightened and are supporting growth […]
Realtors Chief Economist Dr. Lawrence Yun Visits North Andover – 2012 Strongest in 5 years
On Thursday, I met with Dr. Lawrence Yun, Chief Economist for the National Association of Realtors at Merrimack College in North Andover, MA. Dr Yun was brought to our area by the Education Committee of the Northeast Association of Realtors. Dr. Yun deciphers market statistics for the Realtor Association on a national level and gives […]
“Is this Neighborhood Safe?”
Often times as a professional Realtor we get asked by our home buying clients whether or not a particular street, neighborhood or even entire towns are “safe”. As you can imagine our clients trust our insight and expertise in the areas we work in, so it’s only a natural question for them to ask. Unfortunately […]
Spring Has Sprung – March 2012 update
Opportunities in the housing market continue to grow for buyers and sellers. Home affordability, driven mostly by record low interest rates, is among the lowest it has ever been. According to the National Association of Realtors, and based on national averages, the payments on a home today represent 12.8% of the median household income. This […]
Haverhill – Possible Dreams for the Future
Last night I had the pleasure of being a Table Host for the annual Team Haverhill event, Possible Dreams. This was the 4th year the group has put on the event and my third time as a Table Host (facilitator). The idea behind this is like a large Mastermind group, where we all get together […]
‘Tis the Season…For Home Sales?
Ever wonder if buying or selling a home in the Fall/Winter market is better or worse than in the Spring/Summer markets? How does it effect inventory and sales? And how can it help or hurt your real estate goals right here in The Andovers, Haverhill and beyond. Watch and learn. Authored By: Ron Carpenito– Real […]
Do Homes Sell Above Asking Price Anymore?
”If we price it right, we’ll get multiple offers quickly and the highest possible market value” This is what real estate professionals will tell you when advising on pricing strategies for selling your home these days. However it’s a common thought that in the real estate realities of today, homes just wont sell at or […]
Video – Assessed & Market Value, What’s the Difference?
Buying a home in The Andovers, Haverhill or anywhere in Massachusetts? Take a look at this quick video discussing the difference between Assessed Values and Market Values on a home and how they factor into a home purchase. For over 30 years the Prime Property Team and Ron Carpenito of Keller Williams Realty Andover have […]
