Holliston Community Event a Great Success
May 17th, 2012 Categories: Real Estate
The MAhome Team’s 1st annual Shredding Event to celebrate Earth Day was a great success.
Ed and Doriane Daniels hosted the event at Holliston High School in Holliston MA. In a few hours, they:
- raised over $900 for Friends of Holliston Trails,
- packed a C.O.W.S. container with electronics for recycling,
- collected over 700 lbs of donated clothes and toys, and
- shredded a lot of townspeople’s documents
Take a look at the video about the event and hopefully you will be able to make it again next year!!
Ed and Doriane Daniels of Realty Executives – Boston West market homes in the Metrowest Boston area under the team name of The MAhome Team. They are local residents of Holliston. If you have any questions about making a move in the Holliston area, you can contact the team at 508-341-7880.
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Home Selling Before You Can Buy
March 8th, 2012 Categories: Local Communities, Market Conditions, Real Estate
Coming into the Spring Market of real estate, I am fielding a lot of concerns about the logistics of Buying a Home when you have a home to Sell first. It is not an easy process, but my Team is doing it a lot for Metrowest area homeowners.
Most people need the funds from the sale of a home to help purchase the next home they wish to buy. 10 years ago the selling process was so fast, and for such a profit, that the risks faced were minimal. Let’s clear up a few realities now though: Read the rest of this entry »
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Holliston’s Real Estate Wrapup for 2011
February 10th, 2012 Categories: Holliston, Local Communities, Real Estate
I am happy to report that if you own a Holliston house, our real estate market has been consistently on the rise for months! Here is the annual wrapup of the local marketplace.
Many housing statistics take overly broad numbers into account, like nationwide foreclosure reports or major city trends. Other housing numbers compare today’s numbers to last month. Well, in a town like Holliston, it is too small of a sample to indicate anything substantial.
If you are a homeowner in Holliston, all the important details are the broad numbers of the town. Here they are:
Number of Sales:
124 Sales in 2011, 110 Sales in 2010, and 123 in 2009. Conclusion: No big changes over the past few years.
Average Days on Market:
134 days to sell in 2011, which is a significant jump from 90 days in 2010, and still a bit higher than the 124 days in 2009. Conclusion: hummmm… are home sellers being too aggressive with prices, because my experience through 2011 has been plenty of Holliston buyers?
Drum roll Please… the most important number for Holliston home owners…
Median Prices:
For 2011, the median price was $390,000, with sellers receiving 96% of the Listing Price. This is consistently heading north of the 2010 median of $380,000 and $350,000 in 2009. Over these years, sellers received 97% and 95% of List Price.
The median price rose 2.6% from 2010 to 2011, after shooting up 8.6% from 2009 to 2010!
Congratulations Hollistonians, we have a strong town that is weathering this challenging economy!
Ed Daniels is a Realtor with Realty Executives – Boston West, licensed since 1998. He is a member of The MAhome Team, has been a 30+ year resident of Holliston, and sells homes in the Metrowest area. He can be reached at 508-341-7880 to specifically discuss your homes value or answer any other real estate questions.| Discussion: No Comments »
Timeline for Buying Again
February 7th, 2012 Categories: Market Conditions, Mortgage Updates, Real Estate
There are many Homeowners that are faced with Short Sales or Foreclosures over the past few years. How long will these actions affect your ability to buy a home in the future?
After a Foreclosure:
If you are purchasing a home using conventional financing it will take 7 years from completion of the foreclosure to get approved.
If you use some other popular programs to finance the home purchase, like FHA or USDA, it will take 3 years from completion.
After a Short Sale:
The waiting period for buying a home after a Short Sale has many more variables.
Using conventional financing, you would be all set after 7 years, but sooner if more of a down payment amount. If you put down 10% than the waiting period is 4 years, and if the down payment is 20%, only 2 years.
USDA is 3 years, but FHA has one big distinction… If you were current with mortgage payments during the entire short sale process, than you don’t have any waiting period. If you had late or missed payments, the FHA financing will require a waiting period of 3 years in order to buy again.
After a Chapter 7 Bankruptcy filing:
Conventional financing can be approved only after a waiting period of 4 years from your discharge date.
FHA mortgages may be approved after only a 2 year waiting period, and USDA will run a 3 year time period before getting approved.
Here is a YouTube video produced by a CA mortgage professional talking about this topic.
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Get $50 for your Non Green Fridge
October 18th, 2011 Categories: Real Estate
Here is a link to National Grid’s Massachusetts recycling program for your old refrigerator. It has to be that old second refrigerator in your home (meaning you don’t have Home Depot haul away your old one), but they will pay you $50 to pick it up!
Click here for your link to the website with all the details.
Being Green is really paying off now!
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How close is a Zestimate Estimate?
June 14th, 2011 Categories: Real Estate
One of the top real estate websites is Zillow. As a Premier Agent for the Metrowest Boston area on Zillow, I understand that this is a site that gets searched very often by home buyers. Therefore, I ensure I have my listings advertised in this space.
The gimmick tool on Zillow is what they call a Zestimate. The computer uses public data to evaluate every single home and gives the consumer a Market Value, which they term a Zestimate. Since the consumers mention this number often, we as Realtors need to be aware of it.
Zillow discloses how accurate their Zestimates are compared to selling prices, and they break this down to the geographic regions. Bravo Zillow!
How close are Zestimates to actual Selling Prices in MA? Read the rest of this entry »
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206 Hayden Rowe St, Hopkinton For Sale
May 16th, 2011 Categories: Featured Listings, Hopkinton, Real Estate
This listing at 206 Hayden Rowe Street in Hopkinton offers a nicely maintained gem of a colonial in a terrific town. When approaching the property, the first feature that jumps out at you is the wide farmer’s porch. It overlooks beautiful gardens that the Whittle family has enjoyed working on for the past 7 years.
This home is situated in a private setting, with a circular driveway flanked by tall trees. The rear yard rolls down to a large swath of woods, with no rear neighbor in sight.
Inside, the traditional colonial home displays beautiful hardwood flooring that welcomes you straight into the renovated kitchen.
The stainless appliances in this home are all included in the sale! Lots of maple cabinetry creates a bright work area on the granite countertops.
Here are some quick bullets on other highlights:
- Central Air
- Highly Efficient Replacement Windows
- Fireplaced Family Room
- Dining Room
- 4 Bedrooms
- Finished Basement
- Replacement Windows
The basement room is a wonderfully usable space, with a full bank of windows and a wood stove. It is a large open space and is versitile enough to be a playroom, entertainment room, or office area. 
This 4 Bedroom, 2 1/2 Bathroom home is offered for $479,900.
The MAhome Team of Realty Executives is the exclusive listing agent and can be reached at 508-341-7880. Ed or Doriane Daniels can give you the Grand Tour of this terrific property.| Discussion: No Comments »
Nouvelle of Natick Market Report 2011
April 11th, 2011 Categories: Market Conditions, Natick, Real Estate
The marketing push for the Nouvelle at Natick luxury condos is still going strong in the 1st quarter of 2011.
The Realtor community is hearing from the in-house staff often, letting us know that they are “almost completely sold out“.
(90% sold was stated in last email from them)
I have put together some information on the 1st quarter sales that I gathered from MLSpin, the Massachusetts MLS service.
In the 1st quarter there were:
8 sales ranging from $369,900 to $599,900.
(Avg. of $438,275)
Unit N345 1 BR, 2BA + study with 1244 sf of living area $369,900
Unit T922 2 BR, 2BA with 1330 sf of living area $399,900
Unit S609 2 BR, 2BA with 1382 sf of living area $413,900
Unit T736 2 BR, 2BA + study with 1472 sf of living area $419,900
Unit N243 2 BR, 2BA + study with 1545 sf of living area $424,900
Unit N251 2 BR, 2BA + study with 1658 sf of living area $430,900
Unit N543 2 BR, 2BA + study with 1545 sf of living area $446,900
Unit N741 3 BR, 2BA with 1720 sf of living area $599,900
Note: N = North, S = South, T = Terrace (floors 6-9)
For comparison for this same time period in 2010, Nouvelle had sold 16 units in this quarter.
Average price in 2010′s 1st quarter was $455,856.
Ed Daniels of The MAhome Team specializes in Metrowest towns and has experience with the Nouvelle of Natick development. Give the team a call at 508-341-7880 to learn all about the project and to ensure you have a Buyer Agent representing your interest when looking into Nouvelle.| Discussion: No Comments »
Framingham Home Market Snapshot
January 27th, 2011 Categories: Framingham, Local Communities, Market Conditions, Real Estate
The town of Framingham, Massachusetts is currently digging out from another foot of snow, which is an appropriate visual for how they have done in the real estate marketplace over the past year. The single family home sales around town have been basically frozen.
Is Framingham selling more or less homes these days?
Less. In 2010, there were 429 single family sales in town. This is a 3% decline from 2009 sales of 442. Going back to 2008, the 469 sales results in a drop of 9%.
Is Framingham having an increase in Selling Prices?
Yes, in 2010, Framingham increased the median selling price from $300,000 (in 2009) to $305,500. This is a 1.8% increase. For anyone who wishes to use the less pertinent Average Selling Prices, they were flat – $322,000 in ’10 vs. $321,227 in ’09.
Are homes selling faster or slower when they come to market?
The Days on Market numbers have dropped consistantly over the past few years. In 2010, the average time on market was 93 days, vs. 106 in 2009 and 118 in 2008. Therefore, homes are selling faster!
Considering the differences in the housing stock of North and South sides of Framingham, is one side doing “better” than the other?
In some respects of the single family housing market, the South side (01702 zip code) has done fine, but overall the North side 01701 zip code shows more strength. The Average Selling Price has gone up 1.4% from 2009 to 2010 in South Framingham, but the North side decreased 1/2%.
On the flip side, North homes sell faster (79 Days on Market) compared to the South side marketing time of 122 Days. There are also more than 2 times the number of Sold listings on the North side.
With a diverse housing stock around the town of Framingham, there is a house for everyone. Homeowners are still able to sell their homes in reasonable amounts of time, but during 2010 there was a noticable shortage of options for people who wished to move to another local home. This is improving for Buyers, with 151 Active listings compared to 120 last year at this time.
If The MAhome Team can be of service in your desire to make a move, please don’t hesitiate to contact Ed Daniels at 508-341-7880. Over 2010, Realty Executives – Boston West was the real estate firm that sold more homes in Framingham than any other. Put the experience of our team, combined with the best real estate firm in Framingham, to work for you.
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January 26th, 2011 Categories: Real Estate
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7 Tips for Short Sale Success
Have to sell your home for less than it’s worth? Our seven tips will help you get the best price. Read
Visit houselogic.com for more articles like this.
Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®
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