Blog :: 2021

The Most Desirable Home Feature of 2020-2021?

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You may have guessed a bigger, more updated kitchen or a pool. I was a bit surprised myself. I knew a home office was our rising star due to the pandemic but I didn't think it would be at the top of the list. The top 3 most desired features tell the story of much needed interior space. Interesting. Thinking about making a move? Need more square footage? We can tell you today's market value of your current home; it's complimentary, and help you find your new home (office)! 

 

Will There Be More Foreclosures in 2021?

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Black Night Inc. gives us an inside look at mortgage data across the country, providing statistics on forbearance, which is an indicator of future foreclosures. What is a forbearance plan? A forbearance plan doesn’t erase the amount you owe on a mortgage, but it temporarily suspends or reduces your mortgage payment until your hardship is over. At the end of the forbearance plan, you must repay what you missed, but necessarily not all at once. Follow the track of these forbearance plans and you wind up with a lot of data.

Keeping Current Matters summarizes the data and points to the health of today's homeowner equity, downward 3-year foreclosure trend pre-pandemic, and what banks learned from their mistakes in 2008-2012 as reasons why we won't see the market flush with foreclosures despite joblessness due to the pandemic. But, will there be foreclosures in 2021? 

Yes, there will be foreclosures, but predictors say that the high demand and lack of inventory we are currently (and painfully) experiencing will be enough to absorb any increase. Trying to get your foot in the door of today's market?...

Find an experienced real estate professional, not just someone with a real estate license, and put them to work on your behalf; it's what we do! 

Massachusetts Home Sales Hit 16-Year High During Pandemic - Ipswich MA - Windhill Realty - Massachusetts Real Estate

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More single-family homes were sold last year in Massachusetts than in any other year since 2004, despite a once-in-a-century pandemic that threatened the financial security of thousands of residents and dramatically changed the process of buying and selling a [...]

26 Island Park Road, Ipswich - Massachusetts Real Estate - North of Boston Homes for Sale

26 Island Park Rd Ipswich MA

26 Island Park Rd Ipswich MA Spectacular open concept ranch with beautiful tidal marsh views located on a double lot and dead end street. This house has wide plank floors, a spacious living room with fireplace and adjacent sunroom and sliders that lets you enjoy views to Steep Hill. Central Air on main floor, 2 bedrooms and a gorgeous dining room with oversized skylight.Finished lower level with large family room and office space. Title V approved (2016) for 3 bedrooms! Island Park is a hidden jewel off Jeffreys Neck Road and a short distance from Pavilion Beach and Great Neck. Listed by Toni Riddle.

30 Redberry Lane, Peabody - Massachusetts Real Estate - North of Boston Homes for Sale

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Exciting NEW offering at sought after Juniper Village...This undeniably impeccable, "Eastern" end unit townhouse impresses at every opportunity. With 2600+- sf over three levels it feels more like a single family. Granite and stainless kitchen with breakfast bar and adjacent dining area, lovely dining room opens to large LR with soaring [...]

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