Massachusetts Real estate

Protecting Your Deposit When Buying a House - Hiring the Right Professional is Key

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Buyers! Pay attention! Being in your shoes, in today's real estate market especially, requires an enormous amount of patience and perseverance, more than I've ever seen in my 35 years. You're putting a lot of trust in the hands of the agent you choose to represent you. This relationship goes far beyond crossing the threshold together and requires an incredible amount of professionalism, interpersonal skills, organization, polish and expertise on the part of the agent. I have an inside view and after all this time, I'm still impressed with the fortitude of every buyer and every agent on my team; it really is remarkable. Why should you care? Because ONE of the jobs on the shoulders of your representative is to protect your earnest money deposit. Signing a Contract to Purchase binds you legally and the parameters in that contract require close monitoring and compliance of specific dates and terms. Make sure you hire an EXPERIENCED REALTOR®, not just someone with a real estate license;  there's a big difference. I've seen buyers' deposits in jeopardy because untrained salespeople (from other cooperating companies) are all too casual about the contract parameters. '3 Times You Can Kiss Your Earnest Money Refund Goodbye'!  Don't let it happen to you! Work with one of the north shore's most experienced team of REALTORS®

Will the Future of Remote Work Decide Our Real Estate Forecast?

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Will the future of remote work dictate the fundamentals of our real estate climate and produce a future dip? Or a cataclysmic crash?

Are people being over-optimistic about the demand for suburbia; will it last indefinitely?

What affects a home's fundamental value? 

Average home prices in America are the highest they have ever been and here in Boston, a so-called "superstar city", on par with San Francisco, Seattle and San Diego, demand is still high and supply is low. It's a fantastic time to sell! ...

 

 

There's a lot of speculation about the answers to these quesitons. Here's a look at "The 2000s Housing Cycle With 2020 Hindsight" and an informative story by Greg Rosalsky of Planet Money on home prices and housing bubbles.

Marriage or Mortgage - Which Would You Choose?

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Have you seen Netflix's new show yet? "Marriage or Mortgage"? Being in the biz, we love the concept! No surprise that millennials lean towards putting off buying a home, which is especially understandable in the current market. The really interesting component of the show is for the guests who choose mortgage, the negotiating powers of an experienced real estate professional are on full display. The entire industry is cheering because for every seasoned full-time pro, there's someone out there with a newly acquired real estate license who just came on the scene. These are the moments that put us to the test! We thrive in these familiar waters! Going to bat for our clients is what we've been doing for years. It takes experience to work your way around 33 offers in bidding war, whether you are representing the buyer or the seller! It's a skill set that ends up being priceless... for both buyers and sellers. In my 30+ years, this is the riskiest market for a FSBO (for-sale-by-owner) and for unrepresented buyers. Thank you NAR for pointing out Marriage or Mortgage and the critical role of real estate professionals!  And I quote, "Find yourself a good agent that you trust - a good negotiator, find an agent who has lots of experience." We agree! 

"In a Sense, it has Elevated Real Estate Markets as a Centerpiece of Our Lives."

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Thank you for the 'pandemic poetry' Elena Cox, in your well-written article for realtor.com! Our local real estate market has definitely been rocked by Covid-19, as you say, and your story rings true here on the northshore of Boston, MA. 

My favorite line: "Frenzied, take-no prisoners bidding wars might even quiet down into mere skirmishes." Our team of well-seasoned REALTOR professionals wholeheartedly hopes that will come to fruition, soon, really soon!

 

Despite the hardships these conditions have manifested, real estate, or what we call "HOME", has always been the centerpiece of our lives. We are proud to have been considered essential since the beginning of the pandemic; we are. 

Read Elena's full article here: How the U.S. Housing Market Was Rocked by COVID-19—and Where We Go From Here.

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.

Just Listed! Real Estate for Sale in Ipswich, MA - 14 Liberty Street

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This Grand Victorian's elaborate trim detail, impressive gabled roofline & wide wrap around porch stirs curiosity & the desire to see more! One will not be disappointed by the MANY carefully thought out CUSTOM details, old & new.The current homeowners have creatively blended the charm of original detail w/modern design/conveniences to [...]

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