No angry realtors haven’t hijacked my website and I didn’t go out of business… quite the opposite…

I’m excited to tell you that my real estate business is growing! My husband Brian will be joining me as my real estate partner!  With 15+ years of experience in the building material industry, he brings a vast amount of knowledge of the home renovation process, home maintenance and building industry contacts. He is committed to servicing my existing customers as well as generating new ones.

So, thus the new team name; The North Shore Home Team.  You will notice our new image on the website and via mailings etc…

So rest assured, all is well. I look forward to serving your real estate needs in the future and as always, if you know of anyone who may be looking to buy or sell a home, please give me (us) a call!

I can’t say enough about this house.

It is all that you imagine when you envision an old New England home. The livingroom, the oldest room of the house built in 1694, has an enormous fireplace and a huge summer beam. The rooms are large, ceilings high, the only uncharacteristic aspects of the house. But it is the wide pine floors ,original doors, mouldings and secret staircases that give the home warmth and memory.

I will be posting some history on the house soon. Check back in.  For now get the specifics on the “My Listings”  page.

Alright just a quick update. That is all I have time for. It is nuts right now and I am scratching my head more then ever before.

Ok, so, everyone wants to take advantage of the tax credit I get that but does it make sense to get into bidding wars over a house to save $8,000????

Yes, you wouldn’t believe it but that was what was going on.  But now it seems we are at the end, people are just trying to get everything signed by Friday now. Not a good week to be a real estate attorney.

I never thought I would say this but I am looking forward to a break from the credit.

More after April 30th

So, if you want to take advantage of the tax credit then this is THE weekend. As a result… a frenzy. In Beverly alone 18 new listings have come on in the last two weeks and there are 43 open houses this sunday. 43 open houses and that is just Beverly.

So let’s just say you are a buyer looking to spend up to $350,000 in Beverly, Danvers, or Salem. In the last two weeks 31 new listings have come on and there are 90 open houses for you to choose from. It is odd. Just a month ago I was complaining that we didn’t have enough inventory for the first time home buyer market. Why did everyone wait until the last second to list their house? Now there are too many choices and not enough time to decide.

But excuse my pessimistic sounding rant. I am actually really looking forward to a crazy, busy weekend and, as banker and tradesman reported, 64% of consumers think it is a good time to buy so that is good to hear. Because it is!

Rates hover between 5-5.25%

The Tax Credit is still an option – just get under agreement before April 30th

Prices are low and spring has sprung.

 Hope to see you out this weekend.

Yes it is on North Street in Salem but have you thought about…

1. Enjoy what Salem has to offer without being STUCK there. North Street has EASY access to 128 and Kernwood bridge to get out of town.

2. You get a lot more square footage . Over 1500 sqft. for only $235???!!?

3. Right down the street from the commuter rail.

4. North Shore Mall is only 2.5 miles away. Shopping Shopping Shopping.

5. If you like Roast Beef you couldn’t be closer

Now seriously, It is a great condo. Feels like a single family, has charm galore, off street parking and lots of storage. The ceilings are very high, floors are gorgeous and the flow of the rooms works really nicely. Low condo fee too! Check out more on my listing page.

This article really hits the nail on the head. Supply is down, Demand is up, the tax credit expiration is looming… Spring has sprung in Massachusetts.

For sale, but not for long – The Boston Globe

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I was just looking over some market statistics for a client and found that there are 11 home currently on the  market in Beverly under $300,000. 4 of those homes already have accepted offers. So, is it a seller’s market? Well, you  have buyers starting to come out of the woodwork early this year because of the tax credit and only 7 homes in all of Beverly for them to look at!

Here is what the National Association of Realtors has to say about htis trend….

“Existing-home sales rose 5 percent in 2009, and December 2009 sales were 15 percent higher than December 2008. This suggests many areas around the country are showing glimpses of a balanced turnaround for sellers.Housing inventories have steadily declined – an indication home prices in many areas have stabilized and could soon return to normal appreciation patterns. Buyers still have good choices but are purchasing near the bottom of the price cycle with historically low mortgage interest rates. The first-time home buyer tax credit has also been a key motivator in moving sales along.

In addition, current homeowners who are in the market to buy a home can qualify for up to $6,500 if they have a contract in place by April 30, 2010 and close by June 30, 2010.”

This post is from my friend, neighbor and yoga teacher’s blog. I loved it. Enjoy and Happy Thanksgiving!