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 […]
Money Assistance to buy Andover Homes
Andover’s Homebuyer Assistance Program holds informational meeting Looking for money to help you purchase your first home in Andover, MA? On Thursday, October 25 from 7:00 to 8:30 pm, an informational meeting will be held to discuss Andover’s newly expanded Homebuyer Down Payment Assistance Program. The program, created by the Andover Housing Trust Fund Board, […]
Andover Day 2012 – September 15th, 2012
Andover Day 2012 is coming Saturday September 15th, 2012 from 10am to 5pm featuring Ron Carpenito local Realtor and civic volunteer and Ted Teichert former long time Andover town selectmen as co-emcees. Each year the Andover Business Center Association (ABCA) organizes Andover Day with a collection of volunteers and sponsors to orchestrate an event of […]
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 […]
4th of July Massachusetts Fireworks Schedule & Fun Ideas
It’s the 4th of July! Our favorite holiday where we celebrate our American freedom. Here’s some things to do and a fireworks listing by town to make the best it can be. Happy 4th! Boston Tall Ships Vist in Boston Harbor June 30th to July 5th. Boats docked at Charlestown Navy Yard, Fish Pier, Pier […]
May 2012 – Housing and Economy, the Recovery IS Happening
Untitled Document May 2012 Market Update The housing market and the overall economy are improving at modest rates nationally, and in some areas they have actually gained momentum. The Conference Board’s CEO confidence index is up a notable 14 points—from 49 last quarter to a current reading of 63. A reading of 50 […]
“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 […]
