Realtor Mike Mahoney: The Greater Boston Voice | Clarity in Real Estate

NAR Report Prices Up - Rates Down - Inventory Low

Mike Mahoney
Remax / Realtor
Sales Agent of Boston

www.HomesinBostonMass.com 

I would like to share with you some recent data release by the NAR. It is really showing some great signs of recovery in the real estate market. The formula for a turn around really seams to be building. More sales, less inventory, and rates at the lowest they have been at in history. You can see my video below. 

There was a press release made available this week by the National Association of Realtors. 

Download Print - April 2012 Existing Home Sales Up, Improvements in Sales and Prices Were Broad Based Across All Regions_ realtor

 

 

 

Experts Say the Real Estate Market is Rebounding

Experts Say the Real Estate Market is Rebounding

On Tuesday, I gave a presentation to about 27 members of the Back Bay BNI group @ Sonsie on Newbury Street in Boston.  The basis for my presentation is that the residential real estate marketing is making a rebound.

The sources for the information were largely collected by using Steve Harney's information from Keeping Current Matters. Some of the slides used included information from Lawrence Yun who is the chief economist at the National Association of Realtors and also information from Goldman Sachs as well as Bank of America Merrill. 

The bottom line was that the majority of people who predicted the economic meltdown are now more bullish on the real estate market recovery making a tremendous turn around this year.  

I Download 5 22 2012 BNI_Presentation that I used for the premise of my presentation the other day. One interesting slide to note is that 12,575 homes sell in the United States. This figure is tracked by the National Association of Realtors.   Homes are selling everyday in the US. Not only that, but people are getting mortgages. In fact, 8300 get a mortgage everyday in the United States.  

Thea Simolari, from The Mortgage Network was at the meeting. She presented on the various programs that are available for buyers to purchase homes with as little as 3.5% down. 

If you are considering a purchase - You Can Search for Your Next Home Here

If you are wondering how well you could do on your property if you were to sell it, you may considering setting a time to meet to have me review your property and identify the costs and benefits of selling in this market. To get started, fill out the "considering selling my home form"

Mike, So House is the Real Estate Market?

 
ReMax Boston Agent
Mike Mahoney
http://www.HomesinBostonMass.com.

This is an overview of material I collected from various places on the real estate market overall. According to many credible sources, the market seems to be rebounding. We are seeing multiple offers in some towns. Bottomline, there is not better time to purchase a home. The interest are below 4%. Ask your parents what the interest rate was on their first home. I am sure you will fall over when you hear it. 

The real estate market has outperformed the DOW and Nasdaq by leaps and bounds in the last 10 years.  

Thanks for taking time to view. Mike Mahoneyhttp://www.HomesinBostonMass.com

109 Heath Street in Jamaica Plain

http://www.homesinbostonmass.com/listing/mlsid/18/propertyid/71383583/ 

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Date: Tue, May 22, 2012 at 8:17 PM
Subject: [Flickr] Hey mmahoneyboston, you added yourself to a photo
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Hi mmahoneyboston, This is a quick note from FlickrHQ to introduce you to People in Photos. People in Photos is a new feature that shows who is in a photo, helps you find photos of other members, and lets you manage which photos you're in. How exciting! Here's the photo you added yourself to: You can review and modify your default account settings for People in Photos. Who can add you to a photo: http://www.flickr.com/account/prefs/photospeople/ Who can add people to your photos: http://www.flickr.com/account/prefs/photoprivacy/ To find out how to remove someone from your photos, check out the FAQs: http://www.flickr.com/help/people/ This is a one-time message from Team Flickr. In the future, when you're added to a photo (or another member is added to a photo of yours), it will appear in your Recent Activity and via Email Notifications. Regards, The Flickreenos Replies to this email will bounce. If you need assistance, please contact us via Help by Email: http://www.flickr.com/help/with/other/send/ To be notified about your Recent Activity, turn on Email Notifications: http://www.flickr.com/account/email/

Posted via email from Realtor Mike's Mahoney's Blog

Open Houses in Dedham Mass this Weekend and Available Properties on the Market in Dedham

8 Open Houses in Dedham this Weekend

This weekend there are about 8 open houses currently being advertised for the Town of Dedham. The least expensive home hosting an open house in Dedham is located at 213 River Street. The price is $379,000.
The most expensive home hosting an open house this weekend in Dedham is located at 1081 High Street and the price of this home is $799,000.
The average price of the 8 homes hosting open house this weekend is $477,000.

These 8 open houses are only a small representation of the homes available for sale in Dedham, Massachusetts.

There are currently 97 homes for sale overall in Dedham. This does not included the condo sales nor the multi family sales that are available as well. There are currently 20 condos for sale in Dedham and 8 multi family or rental income properties available in Dedham today.

This makes the market of available properties in Dedham approximately 125 totals properties available. 

If you are looking for a foreclosure opportunity, there is currently one foreclosed property being offered for sale in Dedham, however if you have some patience you may want to make an attempt to purchase a short sale. There are currently about 5 short sale properties in Dedham being offered now.

If you are not able to make the open houses this weekend and would like to meet confidentialy for a cup of coffee to discuss your Dedham search or perhaps to better understand the value of your home in Dedham, it would be my pleasure to setup a time that would work for you. If you want to keep an eye on the Dedham market, you will want to sign up for my exclusive Dedham Real Estate Market Insider. You can get up to the minute stats, values, and Dedham market conditions periodically sent to you here

The home above is an abolutely stunning propery that is being market by Hope McDermott Real Estate. It is located at 121 Village Avenue in Precint 1 of Dedham.

Please call me on my mobile phone at 617.980.9025. 

April 29th Open Houses in Milton Mass This Weekend

Michael Mahoney
Remax
www.MMahoney.com

This could be a great weekend to be out touring homes in Milton Mass. In fact, it could be a great weekend to be out seeing homes in Massachusetts. The National Association of Realtors is promoting a National Open House Weekend. 

This Saturday and Sunday, April 28-29, Realtors® from coast to coast will host thousands of open houses while engaging consumers on the benefits of homeownership and bringing buyers and sellers together.

In Milton there will be approximately 29 open houses. You can get the list of open houses in Milton this weekend. 

A majority of these homes hosting open houses in Milton this weekend have come onto the market this past week. See all the the Milton houses that came onto the market this past week in Milton. 

The average list price of a home hosting an open house this weekend is about $610,000. About a third of the Milton homes hosting open houses this weekend are being offered under 450K. The homes being offered in Milton over 450K can be viewed here

If you cannot make the open houses, it would be my pleasure to meet with you and make a private showing on any Milton home you may want to preview.

Posted via email from Realtor Mike's Mahoney's Blog

April 29th Open Houses in Milton Mass This Weekend

Michael Mahoney
Remax
www.MMahoney.com

This could be a great weekend to be out touring homes in Milton Mass. In fact, it could be a great weekend to be out seeing homes in Massachusetts. The National Association of Realtors is promoting a National Open House Weekend. 

This Saturday and Sunday, April 28-29, Realtors® from coast to coast will host thousands of open houses while engaging consumers on the benefits of homeownership and bringing buyers and sellers together.

In Milton there will be approximately 29 open houses. You can get the list of open houses in Milton this weekend. 

A majority of these homes hosting open houses in Milton this weekend have come onto the market this past week. See all the the Milton houses that came onto the market this past week in Milton. 

The average list price of a home hosting an open house this weekend is about $610,000. About a third of the Milton homes hosting open houses this weekend are being offered under 450K. The homes being offered in Milton over 450K can be viewed here

If you cannot make the open houses, it would be my pleasure to meet with you and make a private showing on any Milton home you may want to preview.

 

West Roxbury Home for Sale for $249,000

Step into easy street. Picture this...easy access to both the city and the highway...pull into your garage and take the elevator up to a meticulously cared for unit. Cooks kitchen with opening to living room and dining room. Bar option for casual dining. Laminate hardwood floors. Washer and dryer in unit. Central air. On backside of the building. Master bedroom has a walk in closet. There is a balcony off LR. Shown via private appointment only. Call today to get in & make this your home.

5170 Washington Street by Mike Mahoney of Remax

You will love this West Roxbury condo. 

18 Oak - Home For Sale in Milton for 175k

Urban Chic..The only way to describe this property. You will love the updated kitchen and the dark wood floors. This is an unbelievable opportunity to get into Milton at this price. Recently painted. Gas boiler recently replaced. Garage parking. Please run don't walk. It's very easy to show. Let's set an appointment today. This condo is being offered @ $175,000.  Click here to see this Home For Sale in Milton 

18 Oak in Milton Mass
This is being brokered by Mike Mahoney of Remax

Massachusetts home sales surge by 19 percent in March

Massachusetts home sales are up by 19% according to the Warren Group. Prices did slide a little bit. 

Massachusetts home sales surge by 19 percent in March.

Milton library joins e-Book program, adds 200,000 titles to collection

From Boston.com

The Milton Public Library announced this week that it has joined “Freading,” an electronic book service. Freading will allow the library to increase the size of its collection by adding thousands of books to the library website, a news release said.

Any Milton resident with a library card can download books each week and the library pays only a “modest cost” of the 200,000 options available.

Milton library joins e-Book program, adds 200,000 titles to collection.