Blog :: 05-2013

Relying on Your Home's Equity for Retirement?

retirementLooks like almost half of 50-70 year olds are doing just that!

The New York Times gives us the results of a survey that suggests 47% of 50-70 year olds are banking on their home equity to fund their retirement. Suze Orman makes a good point when she says your retirement comes first and if you're not on track, to not even THINK about putting a penny aside for your kid's college fund. "The kids can borrow for their college education but you can't borrow for your retirement." She's right about that!  Those of us in our slightly younger years might want to pay attention here. Borrowing money against your house for things like a new car, a vacation or that 30' boat you've been eyeing may not be the best plan, especially if you're not on track for retirement.  Click here for the full story.

The Smiles Say it All!

We've been busy closing real estate transactions, setting a personal record already for the month of May.

Here's a few images from this past week!

Home...It's what we do!

 imlachs libertydix

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New Advisor at Windhill! Welcome Tracey Sotiropoulos-Berger!

 Tracey BergerWEB

Born and raised in Ipswich, Tracey Sotiropoulos-Berger has always dreamed of a career in Real Estate.  After leaving Ipswich and living on the South Shore for a short period of time, she and her husband Eric knew they wanted to return to the North Shore as soon as possible. In 2006, they bought a home in Ipswich where they are raising their 10 year old daughter Audrey and 8 year old son Nathan, and caring for her mother.  Tracey understands the importance of finding the 'perfect home'.  Whether it's a 'starter home', a 'transitional home' or a 'forever home', Tracey will help you find it with professionalism and genuine care.

Tracey graduated from Westfield State College and went on to work at Massachusetts General Hospital and Partners Health Care for over 11 years in Procurement, Contract Management and Accounts Payable.  This professional experience has provided her with a world of knowledge she knows will lend itself to the business side of real estate.

Tracey has always been actively involved in the Ipswich community serving as a swim instructor in her teens and recently as a substitute teacher and school volunteer in the Winthrop and Doyon elementary schools, most often working with special needs students.  Currently, she serves as a Troop Leader for a Girl Scout troop in town.

After Tracey's father passed away in 2009, she and her husband debated moving in to her parents' house on Great Neck or building an addition on their current house to accommodate her handicapped mother.  Ultimately they went with the addition which met their family's needs better.

Tracey has been working with Windhill since April of 2012 as a Personal Sales & Marketing Assistant. She has learned a lot in her time spent with us, absorbing like a sponge, the workings of a top-producing team. It's no wonder she passed her real estate exam with flying colors and has decided to take the leap from Assistant to Advisor.   Tracey has tremendous support from all of us and she is committed to working tirelessly to build an excellent reputation as a Property Advisor.

Tracey can be reached at tberger@windhillrealty.com and direct at 978-500-0821. We have enjoyed watching Tracey grow in her assistant role and are very excited to see her continue with our team as an Advisor.

Real Estate Transfers - Ipswich, MA - April 2013

Address #BR #BA List $ Sale $
Single Family        
37 Jeffreys Neck Rd, Ipswich, MA 3 1 $179,900 $201,500
6 Kimball St, Ipswich, MA 3 2 $223,900 $223,900
1 Allen Ln, Ipswich, MA 3 1 $330,000 $331,000
7 Heard Dr, Ipswich, MA 3 1.5 $405,000 $392,000
23 Heard Dr, Ipswich, MA 5 3.5 $489,900 $470,000
18 Edge St, Ipswich, MA 3 3 $499,900 $495,000
3 Seaview Rd, Ipswich, MA 3 3 $649,900 $632,500
7 Long Ridge Ln, Ipswich, MA 3 2.5 $659,000 $632,500
43 The Fairways, Ipswich, MA 4 4 $699,900 $675,000
227 Argilla Rd, Ipswich, MA 3 3.5 $949,000 $910,000
         
Condominium        
400-58 Colonial Dr, Ipswich, MA 2 1.5 $155,000 $155,000
45 County St #2, Ipswich, MA 1 1 $169,900 $163,000
500-213 Colonial Dr, Ipswich, MA 2 2 $250,000 $238,500
26 Washington St, Ipswich, MA 3 1.5 $335,000 $326,000
28 County St, #2, Ipswich, MA 3 2.5 $374,900 $360,000
         
Multi-Family        
62 Washington St, Ipswich, MA 2 Unit $335,000 $320,000
11 Topsfield Rd, Ipswich, MA 4 Unit $359,000 $300,000
4 Mount Pleasant Ave, Ipswich, MA 8 Unit $599,000 $575,000

 

This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by MLS may not reflect all real estate activity in the market.

Real Estate Transfers - Beverly, MA - April 2013

Address #BR #BA List $ Sale $
Single Family        
13 Story Ave, Beverly, MA 3 2 $149,900 $175,000
8 May St, Beverly, MA 2 1.5 $160,000 $145,000
40 Chase St, Beverly, MA 3 1 $229,000 $227,200
23 Friend St, Beverly, MA 3 1.5 $257,500 $250,000
12 Sylvester Ave, Beverly, MA 4 1.5 $334,900 $380,000
13 Bertram St, Beverly, MA 3 1.5 $349,900 $361,000
16 Bartlett St, Beverly, MA 3 2.5 $359,900 $350,000
214 Brimbal Ave, Beverly, MA 3 2 $364,500 $355,000
29 Foster Dr, Beverly, MA 3 2 $398,800 $377,000
186 Dodge St, Beverly, MA 4 2 $399,900 $405,000
155 McKay St, Beverly, MA 4 2.5 $409,900 $380,000
54 Glidden St, Beverly, MA 4 1.5 $410,000 $400,000
9 Bancroft Ave, Beverly, MA 2 2 $430,000 $441,000
236 Hale St, Beverly, MA 4 3 $569,000 $560,000
760 Hale St, Beverly, MA 5 3 $589,000 $580,000
1 Ancient Rubbly Way, Beverly, MA 3 2.5 $629,000 $600,000
4 Alcott Way, Beverly, MA 3 2.5 $659,900 $635,000
         
Condominium        
4 Duck Pond Rd. #230, Beverly, MA 2 2 $164,900 $167,000
40 Heather St #104, Beverly, MA 2 2 $248,000 $244,500
116 Rantoul St #209, Beverly, MA 2 2 $249,000 $250,000
40 Heather St #210, Beverly, MA 2 2 $299,900 $290,000
         
Multi-Family        
3 Roosevelt Ave, Beverly, MA 3 Unit   $180,000 $184,000
5 Ropes St, Beverly, MA 3 Unit   $199,900 $105,000
30 Pond St, Beverly, MA 3 Unit   $340,000 $365,000
3-5 Highland Terr, Beverly, MA 3 Unit   $400,000 $403,500

 

This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by MLS may not reflect all real estate activity in the market.

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Real Estate Transfers - Wenham, MA - April 2013

Address #BR #BA List $ Sale $
Single Family        
3 South St, Wenham, MA 2 1 $84,900 $74,000
96 Maple St, Wenham, MA  3 2 $270,750 $232,000
1 Meridian Rd, Wenham, MA 4 2 $349,900 $335,700
5 Meridian Rd, Wenham, MA 4 2 $379,999 $368,000
40 Arbor St, Wenham, MA 3 2 $389,000 $378,200
14 Dodges Row, Wenham, MA 4 2.5 $409,000 $350,000
6 Great Pond Rd, Wenham, MA 3 2 $449,000 $450,000
15 Bruce Ln, Wenham, MA 3 1.5 $465,000 $469,000

 

This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by MLS may not reflect all real estate activity in the market.

Real Estate Transfers - Danvers, MA - April 2013

Address #BR #BA List $ Sale $
         
Single Family        
5 Roman Ave, Danvers, MA 2 2 $304,900 $306,000
4 Iroquois Rd, Danvers, MA 3 1.5 $309,900 $312,000
11 Colgate St, Danvers, MA 4 1.5 $315,000 $320,000
1 Trask Way, Danvers, MA 3 1 $319,900 $310,000
4 Lindall, Danvers, MA 3 1 $350,000 $340,000
4 Grapevine Rd, Danvers, MA 4 2 $450,000 $448,250
58 Lindall St, Danvers, MA 4 2.5 $539,900 $505,000
         
Condominium        
6 McDewell Ave #16, Danvers, MA 1 1 $119,000 $107,000
59 Holten St #1, Danvers, MA 2 1 $209,000 $205,000
74 Elm St, #3, Danvers, MA 2 2 $209,900 $188,500
74 Elm St, #5, Danvers, MA 2 2 $249,900 $238,000
143 Village Post Rd, Danvers, MA 2 2.5 $299,900 $299,900
35 Collins St #92, Danvers, MA 2 2 $301,900 $282,500
48 Village Post Rd, Danvers, MA 2 2+2 $310,000 $300,000
152 Water St., #6, Danvers, MA 2 2.5 $519,900 $465,000

 

This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by MLS may not reflect all real estate activity in the market.

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Real Estate Transfers - Hamilton, MA - April 2013

Address #BR #BA List $ Sale $
Single Family        
315 Essex St, Hamilton, MA 2 1.5 $380,000 $380,000
585 Essex St, Hamilton, MA 4 1.5 $499,000 $487,500
59 Ortins Rd, Hamilton, MA 4 2.5 $599,000 $580,000
         
Land        
315 Sagamore St, Hamilton, MA 6.8 acres $250,000 $270,000

 

This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by MLS may not reflect all real estate activity in the market.

Real Estate Transfers - Rowley, MA - April 2013

 

Address #BR #BA List $ Sale $
Single Family        
856 Haverhill St, Rowley, MA 3 2 $349,900 $340,000
117 Main St, Rowley, MA 3 2 $379,000 $370,000
61 Fenno Dr, Rowley, MA 4 2 $459,900 $455,000
189 Dodge St, Rowley, MA 4 2.5 $535,000 $510,000
17 Wilkes Rd, Rowely, MA 4 2.5 $549,900 $524,500
27 Oak Ledge Circle, Rowley, MA 4 2.5 $629,900 $610,500
         
Condominium        
535 Haverhill St #14, Rowley, MA 2 1.5 $144,900 $141,500
         
Multi-Family        
46 Bradford St, Rowley, MA 2 Unit   $399,900 $380,000
         
Land        
Lot 8 Emily Ln, Rowley, MA 42,800 sq. ft. $165,000 $165,000

 

This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by MLS may not reflect all real estate activity in the market.

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Real Estate Transfers - Topsfield, MA - April 2013

Address #BR #BA List $ Sale $
Single Family        
59 Central St, Topsfield, MA 3 2 $270,000 $270,000
25 Colrain Rd, Topsfield, MA 3 1 $324,900 $285,000
15 Normandy Row, Topsfield, MA 4 3 $475,000 $470,000
41 Canterbury Hill Rd, Topsfield, MA 5 3.5 $649,900 $625,000
         
Condominium        
26 Great Hill Dr, Topsfield, MA 2 2 $297,000 $290,000
6 English Commons, Topsfield, MA 2 3.5 $750,000 $740,000

 

This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by MLS may not reflect all real estate activity in the market.

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