Thursday, April 3, 2014

Should You Visit An Open House or Set Up a Private Showing?

Should You Visit an Open House or Set Up a Private Showing?                              
Are you planning on attending an open house this weekend?   Or Should you set up a personal tour?  

That should really depend on where you are in the home buying process.
Open House pros and cons

Search for MA Open Homes Here

The signs go up, the balloons go out.                On any given Saturday or Sunday in the Franklin MA area, there is no lack of open houses to visit.

Open houses.  I've been hosting one almost every week for the past 26 years.   Over those years, traffic counts have varied depending on the market, price point, condition, and location of the home.   Having said that, the activity level on the past few opens that I have held is incredible.

What's driving all this traffic?
  • Much of it can be attributed to lack of inventory.  This makes it crucial to view a home as soon as possible. 
  • Exposure is better too.   No longer relying on print media,  Buyers are alerted to open homes via automated email and they are promoted  over the internet.   
  • Agents send their buyers to preview open homes because there is more flexibility with timing.     
  • Many listing agents use the open house as a kick of to their marketing campaign.   
With buyers flocking to open houses, the question then becomes is it better to visit an open house or set up a personal appointment with your Realtor? The answer to that should depend on how serious a buyer you are.  

If you are just starting your home search, visiting an open house can be a good, hands on approach of gaining market knowledge.   It is also a good way of "interviewing" a potential agent to represent you.  

(I shouldn't leave out that it can be a good way for a "potential" seller to informally interview an agent as well.)

But, If you are well into your home search and have identified your wants and needs in terms of price, size, style and location, then setting up a personal tour may be much more effective for you.    I feel this way because at many of the recent open homes that I have hosted (and visited), the traffic is so brisk that one can not really take a good look at the home.   With many people filling up a room(s), it an be hard to linger and really take in the details.   You might also feel pressured, and possibly undermine your negotiating position by tipping your hand to the hosting agent or to other attendees.   

Seeing the home without all that stimulation and traffic gives you the time to really look it over and get to know the home without others looking over your shoulder.   

Want to set up a personal tour?     Hire the right Realtor.    Al and I are certified buyers agents.   Call us.      Tips to eliminate stress when Buying a Home


If you want to really know what's happening in your market area, consult your
 
        Call me if you have any questions about the market. 
508-494-9061

      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty

Sunday, March 30, 2014

40 Ash Street Northbridge MA for Sale

40 Ash Street Northbridge MA for Sale

$265,000

As a Realtor, there is nothing better than having the opportunity to offer a home for sale that she knows will delight new buyers.   This is one of those homes. 

Northbridge MA home for sal

This sun filled, charming Dutch style Colonial home was totally renovated in 2009.    It combines features that people want and need for today's lifestyles along with a nostalgic ambiance of yesteryear.          Search for homes here

Expect to fall in love with the high ceilings, moldings, and sweet touches like the expansive window seat that provides seating and storage options. 

1600 plus square feet includes 3 bedrooms, 1.5 baths, formal dining area, eat in kitchen and first floor laundry.   There is new plumbing, electrical, roof, central air and heating systems.  

A low maintenance home, with vinyl siding and replacement windows, this home is situated on just about a half acre.  It is serviced by municipal water and sewer.    Part of the yard is fenced in creating a terrific play space.







  Please contact me for additional information.

508-494-9061   or email to Cal@alandcal.com


      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty
alandcal.com

Monday, February 24, 2014

Home Prices Franklin MA February 2014

Home Prices Franklin MA  February 2014


Real estate market data for Franklin, MA provided by
  Carol -Ann Palmieri, Remax Executive Realty 

 

Franklin Home Prices


If you are wondering what is happening in the Franklin MA real estate market, a quick glance at the graph below paints the picture.   Homes are moving quickly.   Inventory is low.  It's good news for homeowners with an average 4.4 percent rise in home values since last year.      Predictions are that the trend will continue, but at a lower rate.  

Franklin MA home prices

Single Family Inventory:   

 

If you are interested in seeing exactly what the current inventory looks like in Franklin MA, you can find that by just clicking this link.   Current inventory in Franklin, MA

There are currently 11 properties on the market priced below $300,000.    The average price per square foot is $204.     You can expect about 1260 square feet of living space.  

$300,000 and $500,000.    As of right now, there are 12 homes available in this range.   The average price per square foot is $197.    Expect to find Cape and Colonial style homes and new construction is even an option.

There are 9 listings priced between $500,000 and $750,000.  Average price per square foot is $195.  Expect to find resale and new construction in this range.   

There are 8 listings over $750,000.   The average price per square foot is $240.   Expect new construction and custom resale homes.  


Franklin Real Estate Report Summary:


With 32 homes pending or contingent and a limited amount of inventory, I would consider Franklin a hot market leaning towards a sellers favor.   Buyers looking to purchase here can find a nice balance of resale homes and new construction.   There are just two lender involved properties on the market.  Competitively priced homes do not stay on the market long.   I expect that as the weather improves, the housing market will follow suit.       (This reporting is relative to the single family home market, but condo and multi family homes in this community are hot as well.)        
 
Buyers continue to find  Franklin very desirable.   Why not?   With a recent news report suggesting that Franklin is the nation's safest city, who wouldn't consider the community to be their families home base?   


If you are considering buying a home in Franklin, MA, don't sit on the sidelines for too long.  Start actively looking now.   The "spring market" has already commenced and is just going to get more competitive.      

If you are a seller, pricing your home in line with comparable home sales will bring you an offer close to asking in a short amount of time.   

Find Homes for Sale in Franklin, MA:

Visit my website to search for homes in Franklin MA or to be notified when Franklin homes come on the market.

To find out what your home is worth in the current market email me cal@alandcal.com or call  508-494-9061.

alandcal.com
A great local real estate agent is your best offense in negotiating the market. 

Regardless of what side of the fence you find yourself on, you need an agent  knows the market and the neighborhoods inside and out.    

 
508-494-9061
      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty

Sunday, February 23, 2014

Home Prices Medway MA February 2014

 Home Prices Medway MA  February 2014


Real estate market data for Medway, MA provided by
  Carol -Ann Palmieri, Remax Executive Realty 
Medway MA Market Report

 

Medway Home Prices


Looks like it's good news for single family homeowners in Medway MA.  With a favorable 7.7 percent increase over the past year, Zillow predicts that this rise will continue over the next year, but at a somewhat lower rate of 2.5 percent.

 Of course this is a prediction, but judging by the amount of buyers hitting the pavement even in this extreme cold and traipsing through mounds of snow, it should be a brisk spring.     Since Jan 1, 2014 there have been 9 home sales.   The average sale price of $361,944 was roughly 98 percent of asking.

Current Inventory:   

 

If you are interested in seeing exactly what the current inventory looks like in Medway MA, you can find that by just clicking this link.   Current inventory in Medway, MA

There are just 2 homes priced below $250,000.    Both of these homes are "diamonds in the rough" so to speak and are looking for someone to bring them back to life.    

$250,000 and $400,000.    If you are in this range, there will be 9 homes (as of today) to choose from.  The average price per square foot is $215.    The least expensive of these is a 3 bedroom, 1 bath ranch for $259,900.   On the high end, for $389,900 you can purchase a recently remodeled 4 bedroom, 3 bath colonial.  

There are 5 listings priced between $400,000 and $500,000.  These include the "Cottages at Charles River Village" which are actually free standing single family homes in a condominium development.

In the range of $500,000 to $600,000 you will find 8 homes.  These range from 2300 (new build) to 5000 square feet.

There is one home priced over $800,000 and one over one million dollars.    Both will be custom homes in Applegate Farms.   

Medway MA Feb 2014 Real Estate

Medway Real Estate Report Summary:


17 homes are pending or under agreement with a contingency.   Many of these home received acceptable offers in less than 30 days, some under a week.   Currently there are no bank involved properties on the market in Medway.       Since the beginning of this year, the homes that have been placed under contract /contingent homes represent all price ranges fairly evenly.   Open house traffic is very active.   Homes that are priced right and presented properly are receiving acceptable offers in a few short weeks of being placed for sale.    Buyer activity is brisk, houses are going under contract.  This suggests that the Medway market has leveled off; returning to  healthy state. 


If you are considering buying a home in Medway, MA you don't want to sit on the sidelines for too long.   Many listings are going under contract within a short time of being placed on the market.   

If you are a seller, pricing your home in line with comparable home sales will bring you an offer close to asking in a short amount of time.   

Find Homes for Sale in Medway, MA:

Visit my website to search for homes in Medway MA or to be notified when Medway homes come on the market.

To find out what you home is worth in the current market email me or call  508-494-9061.

alandcal.com
 A great local real estate agent is your best offense in negotiating the  market.  Regardless of what side of the fence you find yourself on, you need an agent  knows the market and the neighborhoods inside and out.    

 
508-494-9061
      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty

Tuesday, February 18, 2014

Home Prices Bellingham MA February 2014

 Home Prices Bellingham MA  February 2014


Real estate market data for Bellingham, MA provided by
  Carol -Ann Palmieri, Remax Executive Realty 
Bellingham MA market report


Bellingham Home Prices


Good news for single family homeowners in Bellingham MA with a favorable 10 percent increase over the past year.  Zillow indicators predict the rise will continue over the next year, but at a  lower rate of approximately 3.2 percent.  

Since Jan 1, 2014 there have been 10 home sales.   The average sale price of $298,430 was roughly 98 percent of asking.

Bellingham Real Estate Report Summary

 

Several of the bank involved properties and new construction inventory tend to make average days on market seem longer than it actually is.   Homes that are priced right and presented properly are receiving acceptable offers in a few short weeks of being placed for sale.    Since the beginning of this year, 15 of the 22 pending /contingent homes were priced below $300,000.   This suggests that the first time buyer market is picking up and the Bellingham market has leveled off; returning to a more healthy state. 

4 of the 22 homes were priced above $400,000.    This higher end in Bellingham is still slanting in the buyers favor, but moving, if priced appropriately.  

If you are considering buying a home in Bellingham, MA you don't want to sit on the sidelines for too long.   Many listings are going under contract within a short time of being placed on the market.   

If you are a seller, pricing your home in line with comparable home sales will bring you an offer close to asking in a short amount of time.   

Market report Bellingham MA real estate Feb 14

Current Inventory

  

If you are interested in seeing exactly what the current inventory looks like in Bellingham MA, you can find that by just clicking this link.   Current inventory in Bellingham MA

There are currently 5 single family homes that are priced between $100,000 and $200,000.     The average price per square foot of these homes is $142.    They have an average time on market of 68 days.   2 of these homes have lender involvement and 3 have been on the market for less than a month.   

17 homes are available between the range of $200,000 and $300,000.   The average price per square foot is $159.    You can expect to find ranch, split entry, multi, cape and antique style homes in this range.   The average days on market is 106, with 5 of these homes being under two weeks to the market.    2 of these homes have lender involvement.     

There are 3 homes priced between $300,000 and $400,000, including one that is to be built.

In the range of $400,000 to $600,000 you will find 11 homes.  These range from 2200 to 4500 square feet including several new homes to choose from.



Find Homes for Sale in Bellingham, MA:


Visit my website to search for homes in Bellingham MA or to be notified when Bellingham homes come on the market.

To find out what you home is worth in the current market email me or call  508-494-9061.


alandcal.com
 A great local real estate agent is your best offense in negotiating the  market.  Regardless of what side of the fence you find yourself on, you need an agent  knows the market and the neighborhoods inside and out.    


 
  Call me if you have any questions about the market. 
508-494-9061
      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty

Thursday, January 23, 2014

10 Tips for Selling Your Home

10 Tips for Selling Your Home

It's time! You have grown out of your home, simply found another or had a life experience or job change that necessitates making another move.    You remember what it was like buying your home.   The excitement of picking out houses with your Realtor, driving to each and everyone, dissecting the neighborhood, the structure, utility and decor of each home until finally finding the dream home.

Now the shoe is on the other foot.   These 10 Tips for Selling Your Home will help you drill down and focus on how to get the job done with the least amount of stress.

Tip #1.                   Price it Right.   Many folks think that they will price it high and give themselves negotiating room, or feel that they can always come down, but not go up on their price.    While those two strategies seem to make sense, they don't take into consideration that the first couple of weeks are when you will get the most exposure.     The more buyers looking at your home means higher demand and more money.
How to price your home right is pretty simple.    Have your Realtor evaluate the market by doing a comparative study.   Go over the study with your Realtor, discuss the pros and cons of the comparable sales and offerings and come up with a price based on these facts.   Be honest in the evaluation of your home.      Many times home sellers will think their home is superior or inferior to others because they are not stepping back enabling themselves to look at the comparable properties realistically.    Granted this is not easy to do, but it is imperative.

Tip#2.   Price it Strategically.    Most home buyers these days are searching on line.   What does that mean to you as a home seller?   People tend to search in ranges.    For example.  From $275,000- $300,000 or from $500,000 to $550,000.    Say you thought the search range that your home would fall in would be $325,000-$350,000, pricing your home at $355,000 would price you out of your "strategic" range.   Putting you in the bottom of another.   Discuss strategy with your Realtor.   Keep in mind these ranges and how folks will be searching for your home on line.

Tip#3.   Attack the "To Do List" prior to Listing.   Service the furnace and have all the mechanicals in good condition.   Kill the drips and replace the lights bulbs that haven't been working for some time.    I know it seems silly, but we all live with things that need to be changed and never get around to them.   Do it before listing or plan on leaving money on the table.

Tip#4.   Stage your property.    Let's face it.   These big home builders have a furnished "model home" for a reason.    Since the debut of HGTV, real estate has changed.   Buyers want.. no.. expect more from a home seller.  Staged properties sell faster.   Staging your home is a great idea.   In fact, you might consider hiring a Realtor that provides you this service.  

Tip#5.   Clean properties sell.  When a buyer is looking at a pristine property, there are two things that happen.    1.   They focus on the home not the clutter.    2.  They feel that the mechanicals and structure of the home has been maintained.

Tip#6.   Choose the right Realtor.   (This probably should be Tip #1.)  Choosing the right Realtor will help you with the other tips.   Experience counts.   The way they promote your home counts.   Being relative.  (in relation to trends and the market counts not family ties)  Experience without relativity is useless.

Tip #7.  Remember that it is a Business Transaction.   Try your best to keep your emotions in check.  

Tip #8.  Trust your Realtor.   If you did a good job with tip #6, interviewed and found the right Realtor, then this tip is the easy one!   Your Realtor has a fiduciary duty to you.   She/he will be guiding you in the right direction.

Tip #9.  Be Open to Change.   Listen to the feedback and make changes if needed.

Tip #10.  Expect to be put out.   Make it easy for buyers to view your property.  Leave when a showing is scheduled.  This allows the buyers to linger and mentally move themselves in.




If you want to really know what's happening in your market area, consult your
 
        Call me if you have any questions about the market. 
508-494-9061

      Put my 26 years of experience to work for you!    
Al and Cal Realty Group Remax Executive Realty 




Saturday, January 18, 2014

Builder Opportunity in Wrentham MA

Builder Opportunity in Wrentham MA

New to market and perfect for builders!    Offered at $139,900 this property consists of a single family home (that is in need of total rehab or started over) that is situated on a level 9100 square foot lot.    It is located near the center of town and the King Philip Regional High School.

Not often one finds a Builder Opportunity in Wrentham MA for this price.

Located just 4 miles from the Boston commuter rail station in Franklin and under 3 miles to route 495 and the Wrentham Village Outlet malls.  




Municipal water and gas are on site.   Septic testing is buyers responsibility. 

If you are interested in this property, please call Carol Ann at 508-494-9061.    

________________________  

Looking to Buy, Sell, or Invest?

Put my 26 years of experience to work for You!






Are you Looking to Buy, Sell, Rent or Invest?  
If you want to really know what's happening in your market area, consult your local Realtor!
 
                 Call me if you have any questions about the market. 
508-494-9061

      Put my 26 years of experience to work for you!    
- See more at: http://activerain.com/blogsview/4303880/builder-opportunity-in-wrentham-ma#sthash.IknfTHhu.dpuf
Are you Looking to Buy, Sell, Rent or Invest?  
If you want to really know what's happening in your market area, consult your local Realtor!
 
                 Call me if you have any questions about the market. 
508-494-9061

      Put my 26 years of experience to work for you!    
- See more at: http://activerain.com/blogsview/4303880/builder-opportunity-in-wrentham-ma#sthash.IknfTHhu.dpuf