We found the following article regarding the increase in home sales overall in the month of June in Massachusetts and wanted to share it here with our readers. Even in the absence of government tax credits, the prices and rates for homes make this a great time to buy.
Mass. June home sales hit 4-year high
Expiring US tax credit sparks 5,726 deals as median prices edge up
By Jenifer B. McKim
Globe Staff / July 28, 2010
Motivated by the looming expiration of a federal tax credit, Massachusetts buyers snapped up 5,726 single-family homes in June, the highest number of monthly sales in four years, according to new data released yesterday.
Sales increased 28 percent in June compared with the same month last year, according to Warren Group, a Boston company that tracks real estate data. Year-to-date numbers also rose 28 percent, to 21,400, over the same period last year.
Condominiums were popular with buyers as well, with 2,511 sales in June, 31 percent more than last year, Warren Group said. Condo sales from January to June rose to 9,735, a 30 percent jump from the same time last year.
Kevin Sears, the president of the Massachusetts Association of Realtors, attributed the sales increase to the federal home buyer’s tax credit, which required a binding contract on a home purchase to be in place by April 30 to qualify for up to $8,000 in savings. Buyers originally had until June 30 to close, but Congress recently extended the deadline to Sept. 30.
“The tax credit did its job and got the market moving again,’’ said Sears, a broker and co-owner of Sears Real Estate in Springfield. “The activity over the next couple of months will answer whether the momentum was sustained.’’
Along with sales, median prices increased last month. The median price of a single-family home hit $325,000 in June, a 7 percent increase from June 2009 and the first time this year that median prices surpassed $300,000, Warren Group said.
The median condo price remained at $282,000 in June, a 1.8 percent increase from a year earlier. Median prices for the year so far were up 5.7 percent to $259,000, compared with the first six months of 2009.
Timothy M. Warren Jr., Warren Group’s chief executive, said June is typically a good month for the real estate business. “That factor paired with the tax credit made for a very strong month,’’ he said.
Other real estate data released yesterday also indicated Boston-area housing values may be stabilizing. The S&P/Case-Shiller Home Prices Indices, which measure repeat home sales, showed that Boston home val ues increased by 1.6 percent in May compared with the month before and 4.8 percent from a year ago. Nationwide, home values rose about 1.3 percent in May compared with April, according to the Case-Shiller data.
David M. Blitzer, chairman of the index committee at Standard & Poor’s, said economists will be watching what happens in the housing market over the next few months to see if the improved numbers can be sustained without the incentive of a lucrative tax break.
“It still looks possible that the housing market might bounce along the bottom for the foreseeable future, before showing any real improvement that will filter through to the rest of the economy,’’ Blitzer said.
Jenifer B. McKim can be reached at jmckim@globe.com.
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Home Source Realty Group are Massachusetts discount real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at www.HomeSourceRealtyGroup.com.
Showing posts with label homes for sale. Show all posts
Showing posts with label homes for sale. Show all posts
Monday, August 2, 2010
Tuesday, June 29, 2010
Three Mistakes Not to Make When Selling Your Home
When you make the decision to sell your house, there will be no shortage of people and professionals willing to help you and give you advice. Take it. There are any number of ways you can bungle the sale of your home, but here are the top three for your review.
Limited online information
Any realtor you choose, and even if you decide to sell the house yourself, will offer you the option of putting the listing online. When you are in the process of listing your home for sale online, remember to include plenty of good, clear, complimentary photos of both the interior and exterior, and provide as much information as possible about not only the house itself, but the surrounding community as well.
Bad photos
There is no other single factor more important than the photos you choose to list your home for sale. These pictures will either catch the eye of potential buyers or turn them away without even considering your price tag. A super eye-catching picture of your home from every aspect, both interior and exterior are the surest ways to get people looking. In some instances, the photo can sell the house before its even seen in person. Remember the old saying, a picture is worth a thousand words. Well, it never applies more than when selling your house.
Lackluster description
If you aren’t excited about your house or happy to live in it, how can you expect anyone else to be? Choosing complimentary words to describe your home will convey that the house is a warm place to live and that you are happy living there. And be careful of catch-phrases designed to get buyers to look, or jump on your offer. If a house has been on the market for some time, a catch-phrase saying the house will sell fast just sounds silly. Every listing provides the number of beds and baths, instead choose to infuse the description of your house with personal touches and warm memories.
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Home Source Realty Group are Massachusetts discount real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at www.HomeSourceRealtyGroup.com.
Limited online information
Any realtor you choose, and even if you decide to sell the house yourself, will offer you the option of putting the listing online. When you are in the process of listing your home for sale online, remember to include plenty of good, clear, complimentary photos of both the interior and exterior, and provide as much information as possible about not only the house itself, but the surrounding community as well.
Bad photos
There is no other single factor more important than the photos you choose to list your home for sale. These pictures will either catch the eye of potential buyers or turn them away without even considering your price tag. A super eye-catching picture of your home from every aspect, both interior and exterior are the surest ways to get people looking. In some instances, the photo can sell the house before its even seen in person. Remember the old saying, a picture is worth a thousand words. Well, it never applies more than when selling your house.
Lackluster description
If you aren’t excited about your house or happy to live in it, how can you expect anyone else to be? Choosing complimentary words to describe your home will convey that the house is a warm place to live and that you are happy living there. And be careful of catch-phrases designed to get buyers to look, or jump on your offer. If a house has been on the market for some time, a catch-phrase saying the house will sell fast just sounds silly. Every listing provides the number of beds and baths, instead choose to infuse the description of your house with personal touches and warm memories.
-----------------------------------------------
Home Source Realty Group are Massachusetts discount real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at www.HomeSourceRealtyGroup.com.
Tuesday, February 9, 2010
What Home Source Realty Group Offers:
Buyer Broker Services
* When we work with you as a "Buyer Broker" we rebate from 20% to 50% of our commission back to you at closing. This is really a "win/win" situation since that commission is paid by the Seller. Call or email us to learn more about how this rebate applies. The total savings to you on an average priced property is usually several thousand dollars.
* As your Buyer Broker we will do a Comparative Market Analysis of any properties that you are interested in.
* We can set you up to receive automatic emails of any new properties that come on the market in certain towns/price ranges. We can accompany you to view properties OR you can view them on your own and we will assist you when it's time to make an offer. We can structure your Buyer Broker representation to be as "hands-on" or "hands-off" as you need.
Buyer Attorney Services
* Home Source Realty Group is owned by Attorneys who have specialized in Real Estate Law for over 16 years. We can perform a full title search on any property that you would like to make an Offer on. You will be offered the complimentary legal services of a real estate attorney from the beginning of your search until the closing.
Discount Mortgage Referrals
* We work with dozens of local and national mortgage brokers and direct lenders. We can refer you to a mortgage professional that will offer discounted fees and competitive rates and products. We personally know these lenders and have successfully closed hundreds of loans with them.
Entry Only Listings
* For a flat fee of $300.00 we will list your home on MLS. MLS is the most effective and inexpensive way to advertise your home for sale. We take pictures and enter your listing on MLS using the content that you give us. Open houses, other advertising, showings etc will be handled by you.
For more information about Entry Only Listings or our Full-Service Listing Services please fill out this form to contact us: Listing Your Home for Sale with Home Source
Since we offer the services of Buyer Broker, Buyer Attorney, and Mortgage Professional from start to finish, we can ensure that you are in an optimum negotiating position when you are ready to make an offer and that you are fully protected throughout the home-buying process!
-----------------------------------------------
Home Source Realty Group are Massachusetts real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER or SELLER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at http://www.homesourcerealtygroup.com/.
* When we work with you as a "Buyer Broker" we rebate from 20% to 50% of our commission back to you at closing. This is really a "win/win" situation since that commission is paid by the Seller. Call or email us to learn more about how this rebate applies. The total savings to you on an average priced property is usually several thousand dollars.
* As your Buyer Broker we will do a Comparative Market Analysis of any properties that you are interested in.
* We can set you up to receive automatic emails of any new properties that come on the market in certain towns/price ranges. We can accompany you to view properties OR you can view them on your own and we will assist you when it's time to make an offer. We can structure your Buyer Broker representation to be as "hands-on" or "hands-off" as you need.
Buyer Attorney Services
* Home Source Realty Group is owned by Attorneys who have specialized in Real Estate Law for over 16 years. We can perform a full title search on any property that you would like to make an Offer on. You will be offered the complimentary legal services of a real estate attorney from the beginning of your search until the closing.
Discount Mortgage Referrals
* We work with dozens of local and national mortgage brokers and direct lenders. We can refer you to a mortgage professional that will offer discounted fees and competitive rates and products. We personally know these lenders and have successfully closed hundreds of loans with them.
Entry Only Listings
* For a flat fee of $300.00 we will list your home on MLS. MLS is the most effective and inexpensive way to advertise your home for sale. We take pictures and enter your listing on MLS using the content that you give us. Open houses, other advertising, showings etc will be handled by you.
For more information about Entry Only Listings or our Full-Service Listing Services please fill out this form to contact us: Listing Your Home for Sale with Home Source
Since we offer the services of Buyer Broker, Buyer Attorney, and Mortgage Professional from start to finish, we can ensure that you are in an optimum negotiating position when you are ready to make an offer and that you are fully protected throughout the home-buying process!
-----------------------------------------------
Home Source Realty Group are Massachusetts real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER or SELLER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at http://www.homesourcerealtygroup.com/.
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