Realtor Michael Mahoney in Boston with eXp Realty
Michael Mahoney
617-615-9435617-615-9435

U.S. Housing Supply and Affordability Are at Odds was the Headline at Realtor.org Today

April 19th, 2018 by Michael Mahoney

U.S. Housing Supply and Affordability Are at Odds was the Headline at Realtor.org Today

Michael Mahoney a Boston Realtor on home affordability by Realtor.orgLawrence Yun, NAR chief economist found a notable imbalance between what potential home buyers can afford and what is listed for sale. “The survey confirms that the lack of entry-level supply is putting affordability pressures on too many buyers – especially those at the lower end of the market, where demand is the strongest. This is why first-time buyers continue to struggle finding affordable properties to buy and are making up less than a third of home sales so far this year,” said Yun.

You can read the full article on Realtor.org here

The bottomline for homeowners here in Greater Boston is that if you have a home that would be of interest to a first time home buyer, you could probably sell it quickly and with very little hassle.  Get the value of your home now

 

 

 

 

 

 

The inventory has been tight for a long time.  Here was a past post low inventory

How to Know if a Condo is FHA or VA Approved by Brian Tobin of Guaranteed Rate

April 11th, 2018 by Michael Mahoney

How to Know if a Condo is FHA or VA Approved

A lot of first time home buyers are using FHA and VA loans. These loans are great in that they allow a borrower the opportunity to become approved and use a very small deposit. In the case of the FHA loan, the borrrower may qualify with as a little as 3.5% down and with the VA loan, the borrower can finance up to 100% of the purchase price.

 

When borrowers look at condos, they have to make sure that the condos are approved by either the Federal Housing Authority or the Veterans Administration. You would want to know this information before you go

We reached out to a local lender, Brian Tobin of Guaranteed Rate to ask the question for our readers.

“Michael, since I get this question a lot, here are the 2 sites we use to determine if a condo is FHA or VA approved.

This is a handy resource to have when you are out searching for homes with your buyers.

To find out if a condo You can find the list of approved FHA condo projects here

To find out if a condo You can find the list of approved FHA condo projects here

To find out if a condo You can find the list of approved FHA condo projects here

 

 

See the list of approved VA condo projects here

See the list of approved VA condo projects here

 

 

 

If you have questions about VA or FHA loans in Massachusetts, please reach out to Brian Tobin below:

Brian Tobin
Senior Loan Officer Guaranteed Rate
brian.tobin@rate.com

www.rate.com/briantobin
o: 781.526.3938 –
f: 781.658.2206
See Brian Tobin on Linked

NORFOLK COUNTY RESIDENTIAL RECAP FOR MARCH 2018

April 11th, 2018 by Michael Mahoney

 

 

 

NORFOLK COUNTY RESIDENTIAL RECAP FOR MARCH 2018

For the month of March 2018, there were 362 closed single family sales in the entire Norfolk County.

The median price of the homes sold in Norfolk County for March 2018 was $480,522. Homes took on average about 40 days to receive an offer and 58 days to go to a purchase and sales agreement.

The most active bracket was between $500-$600k. Of the 362 sales, sellers achieved 98% of their original asking price.  Want the value of your home? Check out HomeValueBoston.com

Norfolk County Recap by Realtor Michael Mahoney

Click here to get the Full Report

 

Norfolk County March 2018 Recap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Can I use My Tax Refund to Purchase a Home?

April 10th, 2018 by Michael Mahoney

Tax Refunds to Buy a House?

Can You Use Your Tax Refund to Buy a House?

“I’D LIKE TO PUT MY TAX REFUND TOWARDS MY DOWN PAYMENT, BUT I KNOW THAT THE FUNDS FOR MY DOWN PAYMENT NEED TO BE IN MY ACCOUNT WELL BEFORE MY LOAN CLOSES. WILL THIS BE A PROBLEM?”

Typically, loan specialists require that your initial installment be “sourced and seasoned.” What does that mean? Having sourced simply means that you can give a paper trail of where the cash originated from. You must be prepared to show that assets and reserve have been in your possession for a specific time allotment, typically between 60-90 days, contingent upon your loan companies underwriting policies.

However, funds from tax refunds are treated differently. Your tax refund is considered to be seasoned as soon as the deposit is made into your bank.

As for being sourced, although you will be required to provide a copy of the check and proof of the deposit, you won’t need to show two or three months’ worth of bank statements as proof. Keep in mind that this will only apply to the portion of your down payment that comes directly from your refund. If you have other funds that you’re using to contribute to your down payment, those funds must be sources and seasoned per your lender’s policies.

For more information about your down payment, contact a good mortgage professional.

Mortgage Rates Ease First Week In April 2018 – You Can Still Save Money

April 9th, 2018 by Michael Mahoney

Mortgage Rates Ease First Week In April 2018 – You Can Still Save MoneyFreddie Mac Reports Slight Dip in Mortgages

Freddie Mac reported the following national averages for the week ending April 5:

  • 30-year fixed-rate mortgages: averaged 4.40 percent, with an average 0.5 point, dropping from last week’s 4.44 percent average. Last year at this time, 30-year rates averaged 4.10 percent.

  • 15-year fixed-rate mortgages: averaged 3.87 percent, with an average 0.4 point, dropping from last week’s 3.90 percent average. A year ago, 15-year rates averaged 3.36 percent.

  • 5-year hybrid adjustable-rate mortgages: averaged 3.62 percent, with an average 0.4 point, falling from last week’s 3.66 percent average. A year ago, 5-year ARMs averaged 3.19 percent.

Source: Freddie Mac

Despite Mortgage Rate Fluctuations – You can Save Money

Jason Evans with Loan Depot Can Save You Money

Put a clamp on your mortgage today

Although mortgage rates have been rising, there was a slight decrease last week. Rates will fluctuate based on the overall conditions created by Federal Reserve Bank policy and the bond market. Despite slight increases, you may want to check one of my preferred lenders to show you some mortgage products which can help you achieve cost savings in your residential mortgage.

Please consult loan officer Jason Evans with LoanDepot for a more accurate rate and better options for your mortgage. You can reach Jason Evans at Loan Depot @ 315-569-7338.

Look at the Neat Parking Solutions for “Car Guys”

March 31st, 2018 by Michael Mahoney

Look at the Neat Parking Solutions for “Car Guys”

If you know anyone who is a “car guy”, then you know that they will go to great lengths to protect their prized auto.  The video below depicts some of the lengths that  car guys will go to enjoy their passion.

Look at the second and third parts of the video. Those two are amazing.

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44 Lake Street in Abington MA for Sale by Michael Mahoney

March 29th, 2018 by Michael Mahoney

44 Lake Street in Abington MA is For
Sale by Realtor Michael Mahoney
Overview
Maps
Photos
Features
Description
Neighborhood
Open House
Market Stats
Contact us for pricing
Single Family Home at 44 Lake Street in Abington
Main Features
3 Bedrooms
2 Full Bathrooms
1 Unit
Interior: 1,562 sqft
Lot: 19,583 sqft
Year Built: 1958
Location
44 Lake Street
Abington, MA 02351
USA

Michael Mahoney Realtor Michael Mahoney Realtor

eXp Realty
(617) 615-9435
mike@mmahoney.com
http://www.realtormikemahoney.com

      

Listed by: Realtor Michael Mahoney

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44 Lake Street in Abington MA Coming Soon by Realtor Michael Mahoney

March 27th, 2018 by Michael Mahoney


44 Lake Street in Abington MA is For Sale by Realtor Michael Mahoney


Overview
Maps
Features
Description
Neighborhood
Open House
Market Stats

Contact us for pricing
Single Family Home
Main Features
3 Bedrooms
2 Full Bathrooms
1 Unit
Interior: 1,562 sqft
Lot: 19,583 sqft
Year Built: 1958
Location
44 Lake Street
Abington, MA 02351
USA

Michael Mahoney Realtor®

Michael Mahoney Realtor®

eXp Realty
(617) 615-9435
mike@mmahoney.com
http://www.realtormikemahoney.com

       

Listed by: Realtor Michael Mahoney

Our recent listings

Subscribe to our listing feed

Nearby properties for sale

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What are Homes and Condos Selling for in Dedham MA

March 23rd, 2018 by Michael Mahoney

Michael Mahoney on house and condo prices in dedham MA

Home and Condo Prices Dedham MA

 

What are Homes and Condos Selling for in Canton MA

March 22nd, 2018 by Michael Mahoney

What are Homes Selling for in Canton Massachusetts

 

Evaluating The Housing Market Since the Great Recession

March 21st, 2018 by Michael Mahoney

CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009.

The key metric in the report used to determine the healthiness of the housing market was appreciation.  The report keyed in on appreciation from December 2012 to December 2017.  The goal was determine prices over the last 5 years.

Frank Nothaft, Chief Economist at CoreLogic, commented on the importance of breaking out the data by state. Here what he had to say.

 

 

 

 

 

 

Massachusetts Home Price Appreciation in the Last 5 Years

According to Corelogic, the State of Massachusetts has seen 31% appreciation in home prices in the last 5 years. You can gain perspective on how Massachusetts fared in the last 5 years versus other states in the graphic below. Your home may be worth much more than you think…get the accurate price of your home now

 

 

Courtesy of Corelogic and Keeping Current Matters

 

 

 

 

Buyers Need to Be Ready for Tight Inventory This Spring

March 12th, 2018 by Michael Mahoney

Buyers Need to Be Ready for Tight Inventory This Spring

Michael Mahoney Boston Realtor on a Home Breaking Your HeartWith the Spring market coming, you need to make sure you have your ducks in order and be prepared to have your heart broken in the housing market as inventory is extremely low.

I would say that one the first things a buyer’s agent in Boston needs to do with a client is set expectations.  We need to offer clients a realistic outlook on today’s marketplace, and explain what it will mean for them.

With the inventory as slim as it is, a buyer’s agent needs to prepare clients for facing limited inventories.  In short, you may not get everything on your wish list.   There is high competition for many properties and you need to be ready to act fast and possibly face bidding wars for properties currently on the market.  Also with lower inventory comes rising prices.  You need to get your finances in order before you shop and understand that mortgage rates are expected to keep rising, which could add to your borrowing costs if you delay buying. As rates rise, your borrowing power is diminished.

From a recent Realtor® Magazine article on the current state of the market in the United States, Here is what Rob Mehta a Realtor in Minnesota had to say:

“Preparing buyers for the reality of a seller’s market is important,” Mehta says. “Some buyers may have to face the heartache of losing at least one house and having to go through that one loss before heading into the second offer more prepared and pickier about what contingencies they include in order to submit a cleaner offer to the seller.”

Be ready to act fast. Forty-three percent of the existing homes sold in January were on the market for less than a month, according to the NAR. Buyers who have a preapproval letter and who attach limited contingencies to their offer may have the best chances of getting their offers accepted. Preapproval—a step beyond getting “prequalified”—is an analysis from a lender of the buyer’s credit and assets that indicates how much financing the buyer has been approved for. A preapproval letter can be submitted with offers to add some assurance to sellers that there won’t be any hold-ups in financing. Also, a preapproval reminds buyers what they can afford to pay. In bidding wars, buyers can get caught up in the emotional process of the back-and-forth within negotiations, but there’s a lot of risk to that. “We need to share with our buyers that they could overpay and get caught up in the emotional aspects of the process,” Mehta says. “Our fiduciary responsibility is to provide the positives and negatives of a property and to advise clients accordingly in a transaction. We need to be upfront with our valuations and help them make smart decisions, and we watch the contracts carefully so that our buyers are protected.”

Start Searching for your Home Now

Get the value of your home now

National Association of Realtors Existng Home Sales Report

March 8th, 2018 by Michael Mahoney

We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. A major report released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house.

THE EXISTING HOME SALES REPORT

The most important data revealed in the report was not sales but was instead the inventory of homes for sale (supply). The report explained:

Total housing inventory rose 4.1% from December to 1.52 million homes available for sale.
Unsold inventory is 9.5% lower than a year ago, marking the 32nd consecutive month with year-over-year declines.
This represents a 3.4-month supply at the current sales pace.

According to Lawrence Yun, Chief Economist at NAR:

“Another month of solid price gains underlines this ongoing trend of strong demand and weak supply. The underproduction of single-family homes over the last decade has played a predominant role in the current inventory crisis that is weighing on affordability.”


Michael Mahoney Realtor

House Hunting Checklist by Realtor Mike Mahoney

February 27th, 2018 by Michael Mahoney

House Hunting Checklist by Realtor Mike Mahoney

As the Spring market starts and people are heading out to look at houses, we had our designer make a House Hunting Checklist for our buyer clients. This one pager will help our buyer clients capture all the details as we tour properties throughout the Greater Boston area.

Below is a sample image of our “House Hunting Checklist”

Download the Checklist Below or click here

Please feel free to pass along the checklist to friends or colleagues who may need help this Spring looking to purchase or a sell a home.

It would be my pleasure to have a telephone conference call or meeting with anyone to help identify opportunities in the real estate market this Spring.

If you are looking for opportunities in the market this Spring, take a look at www.HomesinBostonMass.com

 

House Hunting Checklist Provided by Michael Mahoney

House Hunting Checklist Provided by Michael Mahoney Realtor

 

 

Existing-Home Sales Fade in December; 2017 Sales Up 1.1 Percent

January 25th, 2018 by Michael Mahoney

Michael Mahoney  a Boston Realtor sells homes in winterWASHINGTON (January 24, 2018) — Existing-home sales subsided in most of the country in December, but 2017 as a whole edged up 1.1 percent and ended up being the best year for sales in 11 years, according to the National Association of Realtors®.

Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.1 percent in 2017 to a 5.51 million sales pace and surpassed 2016 (5.45 million) as the highest since 2006 (6.48 million).

In December, existing-home sales slipped 3.6 percent to a seasonally adjusted annual rate of 5.57 million from a downwardly revised 5.78 million in November. After last month’s decline, sales are still 1.1 percent above a year ago.

Lawrence Yun, NAR chief economist, says the housing market performed remarkably well for the U.S. economy in 2017, with substantial wealth gains for homeowners and historically low distressed property sales. “Existing sales concluded the year on a softer note, but they were guided higher these last 12 months by a multi-year streak of exceptional job growth, which ignited buyer demand,” said Yun. “At the same time, market conditions were far from perfect. New listings struggled to keep up with what was sold very quickly, and buying became less affordable in a large swath of the country. These two factors ultimately muted what should have been a stronger sales pace.”

The bottom line right now in Boston real estate market is that the inventory is still really low and we could use some of the baby boomers homes to sell in the open market since there are a lot of buyers looking to settle down into those homes and create their American Dream.

Curious What Your Home is Worth

Full Press Release from The National Association of Realtors Here

January 22nd, 2018 by Michael Mahoney

The Greater Boston Real Estate Board Informer

VERBAL ACCEPTANCE OF AN OFFER IS AS GOOD AS THE PAPER IT IS WRITTEN ON

After your buyer’s offer was verbally “accepted,” what the listing agent is telling you is that the seller currently intends on signing he Offer but until the seller signs it, it is not binding.

In order for a contract for the sale of land in Massachusetts to be enforceable, it must comply with the statute of frauds (Massachusetts General Law (M.G.L.) Chapter 259 Section 1). The statute of frauds states that no action shall be brought upon a contract for the sale of real property unless it is in writing and signed by the party against whom enforcement is sought.  In other words, a verbally accepted offer is not binding until it is signed by the seller.  Further, the license law also contains a provision requiring all licensees give both the “buyer and seller a copy of the purchase and sale agreement.” (M.G.L. Chapter 112 Section 87AAA). Brokers are encouraged to establish office policies to ensure compliance with these rules and ensure that their client or customer doesn’t lose out on an opportunity to purchase the home of their choice.

In summary, if the listing agent tells you the offer was “accepted,” the buyer agent must ask if it has been signed by the sellers yet. If the listing agent says “yes”, ask for a copy and the offer is enforceable. If they say “not yet” but they are getting it signed, you should not advise your buyer that it has been accepted. Until the buyer agent is informed the offer has been executed by all parties and has a copy of it, the seller may still accept another offer so you as the buyer agent are misleading your buyers by building a false expectation that they have an accepted offer.

See the whole article here

 

Open Houses in Norfolk County This Weekend

January 18th, 2018 by Michael Mahoney

Open Houses in Norfolk County This Weekend

Despite the cold weather and the Pats playing in the AFC Championship this weekend, there are tons of open houses this weekend in Norfolk County

Open Houses in Norfolk County

Open Houses in Norfolk County

Foxboro Taylor School Presents – Disney’s 101 Dalmatians

November 29th, 2017 by Michael Mahoney

Foxboro Taylor School Presents Disney’s 101 Dalmatians at The Orpheum Theater

Foxboro Taylor School 101 DalmatiansThe Orpheum stage is being transformed from the North Pole’s Polar Express into the foggy mist of London and Cruella de Vil’s apartment for the 101 Dalmatians production this weekend performed by 37 of the Foxboro Taylor School‘s 3rd and 4th Graders.

Almost sold out for Friday 12/1@7pm, and some still available for Saturday 12/2@2pmFoxboro Real Estate deals here

 

 

Home Sales Are Rising Despite Supply Woes

November 28th, 2017 by Michael Mahoney

“Listings—especially those in the affordable price range—continue to go under contract typically a week faster than a year ago, and even quicker in many areas where healthy job markets are driving sustained demand for buying,” Yun says. “With the seasonal decline in inventory beginning to occur in most markets, prospective buyers will likely continue to see competitive conditions through the winter.”

The report is from Realtor Magazine’s DAILY REAL ESTATE NEWS on TUESDAY, NOVEMBER 21, 2017

You can read the full article here

Massachusetts Home Sales Drop as Inventory Reaches New Low for Month of September

October 24th, 2017 by Michael Mahoney

Massachusetts Home Sales Drop as Inventory Reaches New Low for Month of September

by Eric Berman  of Massachusetts Association of Realtors  Oct 24, 2017

September Closed Sales by the Massachusetts Association of Realtors released by Paul Yorkis MA president

WALTHAM, Mass. – October 24, 2017 – The Massachusetts Association of Realtors® (MAR) reported today that closed sales for single-family homes dropped almost six percent this September over last year, while prices rose eight percent. Year-over-year condominium sales also saw a dip, with prices rising almost four percent. Inventory reached a record low for the month of September. See the full press release here

“This is the sixth month in a row of year-over-year decreases in single-family home sales,” said 2017 MAR President Paul Yorkis, president of Patriot Real Estate in Medway. “Unfortunately, the low inventory situation coupled with rising prices are taking a toll on some buyers’ ability to compete in this market.”

“We need to see more listings come on to the market to deal with these record inventory lows,” said Yorkis. “These listings could come from new production, people moving in with their families or in accessory dwelling units— any way it comes, young and first-time home buyers especially will be grateful.”

It Could Not Get Any Better Than This for a Seller

The period we are in now could not be any better for selling a home. If you are planning on making a move South or downsizing you could capitalize on this market opportunity. Given that real estate market cycles go up and down, it would be the best time to consider a sale if you are Baby Boomer looking to downsize. Chances are you won’t even have to do anything given the lack of inventory. Even the Pepto Bismol bathrooms sell in this market.

Want to get an idea of the value of your property?

Check out www.HomeValueBoston.com

Old Ironsides is 220 Years Old This Weekend

October 21st, 2017 by Michael Mahoney

Old Ironsides 220 Years Old

Happy Birthday Old Ironsides

The USS Constitution is a wooden-hulled, three-masted heavy frigate of the United States Navy, named by President George Washington after the Constitution of the United States of America. She is the world’s oldest commissioned naval vessel afloat. The Constitution was launched in 1797, one of six original frigates authorized for construction by the Naval Act of 1794 and the third constructed. Joshua Humphreys designed the frigates to be the young Navy’s capital ships, and so Constitution and her sisters were larger and more heavily armed and built than standard frigates of the period. She was built in the North End of Boston, Massachusetts at Edmund Hartt’s shipyard. Her first duties with the newly formed U.S. Navy were to provide protection for American merchant shipping during the Quasi-War with France and to defeat the Barbary pirates in the First Barbary War.

The Constitution’s stated mission today is to promote understanding of the Navy’s role in war and peace through educational outreach, historical demonstration, and active participation in public events as part of the Naval History & Heritage Command. As a fully commissioned U.S. Navy ship, her crew of 60 officers and sailors participate in ceremonies, educational programs, and special events while keeping her open to visitors year round and providing free tours. The officers and crew are all active-duty U.S. Navy personnel, and the assignment is considered to be special duty in the U.S. Navy. Traditionally, command of the vessel is assigned to a Navy commander. She is usually berthed at Pier 1 of the former Charlestown Navy Yard, at one end of Boston’s Freedom Trail.

Want to Wake Up with Old Ironsides in the Bed

If you want to wake up every morning with a view of Old Ironsides…the ship…not your significant other – then you should check out these properties for sale in The Charlestown Navy Yard

Norfolk County Real Estate Report October 2017

October 18th, 2017 by Michael Mahoney

Norfolk County Real Estate Report October 2017

According to a recent report, the average sales price in Norfolk County is up 6.3%.  The median estimated home value in Norfolk County as of now is $471,000.  The chart below will give you a sample of current data relevant to Norfolk County home values. If you would like to get the value of your property at anytime, please check www.NorfolkCountyHomeValues.com

If you would like the full report on Norfolk County on Condominiums and Single Families

Below is a Sample Chart From The Norfolk County Real Estate Report

Norfolk County Real Estate Update Realtor Michael Mahoney

 

Boston Celtics Home Opener Tonight at TD Garden – What’s Hot in the Neighborhood

October 17th, 2017 by Michael Mahoney

Boston Celtics Home Opener Tonight at TD Garden – What’s Hot in the Neighborhood

Boston Celtics Open Tonight

Tonight the Boston Celtics open their home opener at 100 Legends Way, Boston MA 02114 AKA The TD Bank Garden. They are playing the Cleveland Cavaliers. If the Cavaliers beat the Celtics and you want to get the value of your home so you can move to Lebronville, please feel free to get the value of your Boston home here

Hopefully, the Celtics will be as hot as the real estate market where the TD Garden is located. The area known as the West End. This neighborhood is a hot bed in the Boston condo market.

See all the condos for sale in Boston’s West End near TD Garden here

Live in Greater Boston for $250/Month

October 12th, 2017 by Michael Mahoney

Michael Mahoney the Boston Realtor is selling 782 Newport Avenue

 

 

 

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New Listing at 64 Percival Street #1 Boston MA Two Bed Condominium on Ronan Park

October 11th, 2017 by Michael Mahoney

New Listing at 64 Percival Street #1 Boston MA Two Bed Condominium on Ronan Park in Dorchester

Michael Mahoney Realtor Offers For Sale this 2 Bed Condo at 64 Percival Street #1

Condo for Sale at 64 Percival Street #1 Dorchester MA 02122

Great new two bedroom condo in the area next to Ronan Park. Super convenient for people who want to access the city. Many neighbors walk from the neighborhood to the Fields Corner Redline Station. You can see more about 64 Percival Street Unit 1 in Dorchester, MA 02122 below.

Interested in knowing what your property is worth? Get the value of your home now

See all condos for sale in Dorchester now

64 Percival St, Unit 1, Boston, MA 02122 (MLS # 72241055)

(all data current as of 4/25/2018)
Price $350,000
Beds 2
Baths 1 full
Home size 927 sq ft
Lot Size 927 sqft
We have a loan program from as little as 3% down to make a purchase on this condo. ***Open Houses 11/4 & 11/5 1-3 PM Both Days*** You can get the landlord off of your back and become an owner instead of a renter. The one you have been looking for. A two bedroom with lots of updates. Investors & Savvy folks take note...There is a place to cut in a third bedroom making more rent or room for more people.Converted in 2013. At that time, a new kitchen and bath was installed. There is a waterview of Dorchester Bay from the rear deck. Recent updates include a roof that was installed last 3 years, new porches and a new front door. Private Laundry & Storage in the basement. PET FRIENDLY! This area is conducive to a pedestrian lifestyle. Many residents in the area walk to the Redline. Association has a healthy 7k in the reserves. City of Boston 2018 estimated property tax is $253.10 reflective of residential exemption. Currently all three units owner occupied. Quick close possible.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listing provided by Michael Mahoney, Keller Williams Realty - Foxboro/North Attleboro

(view all details for MLS #72241055)

Stunning Gourmet Kitchens in these Boston Area Homes

October 10th, 2017 by Michael Mahoney

Stunning Gourmet Kitchens in these Boston Area Homes

Amazing Homes in Boston with Gourmet Kitchens by Realtor Michael Mahoney

The kitchen is at the heart of every home…here are some stunning kitchens in both the city and the burbs.

Looking for that special kitchen? With the market as strong as it is we can probably get you out of the 70’s oak and into something gorgeous. It starts with figuring out  your home’s value.

Here are some amazing kitchens in and around Greater Boston.

We're sorry, but we couldn't find MLS # 72238228 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

82 Skyline Drive, Westwood, MA 02090 (MLS # 72214451)

(all data current as of 4/25/2018)
Price $1,600,000
Beds 5
Baths 3 full, 1 half
Home size 5,408 sq ft
Lot Size 1.72 ac
Move right in to this beautifully-maintained center entrance brick Colonial with spacious rooms and exquisite recent updates overlooking a lush back yard. Conveniently located near the Dover line for easy access to highways and Town services in Westwood and surrounding Towns. Elegant and wide craftsman style staircase is welcoming at the two-story atrium foyer drawing you into all of the living areas on the first floor. The heart of the house has an oversized and thick marble island with counter-height seating, appliance brands include Viking, Thermador, Sub-Zero, DCS, Dacor, Bosch. Two cooking areas, 3 ovens and open to family room, great room and formal dining room. Travertine marble tile spills from the kitchen into the great room which is sun splashed with a wall of floor to ceiling French doors leading to the wrap around AZEK deck and expansive back yard. Columns at the front of the house are mimicked in the newer addition at the back of the house.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listing provided by E. Anne Casner, Gibson Sotheby's International Realty

(view all details for MLS #72214451)

We're sorry, but we couldn't find MLS # 72235374 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

If you would like to see what to do about your kitchen or looking for a new home with a stunning kitchen, get the conversation going with Michael Mahoney now. Use the contact form on the right up above.

 

 

 

This Day in History: Andrew Lloyd Webber Opens Broadway Show Cats

October 7th, 2017 by Michael Mahoney

This Day in History: Andrew Lloyd Webber Opens Broadway Show Cats

pet friendly condos bostonAndrew Lloyd Webber’s “Cats,” the longest running show in Broadway history, opened.

Andrew Lloyd Webber, Baron Lloyd-Webber (born 22 March 1948) is an English composer and impresario of musical theatre. Several of his musicals have run for more than a decade both in the West End and on Broadway. He has composed 13 musicals, a song cycle, a set of variations, two film scores, and a Latin Requiem Mass.

In honor of the opening of Cats on Broadway, here are some great pet friendly condos in Greater Boston

This Day in History: President John F. Kennedy on Relations with USSR

October 6th, 2017 by Michael Mahoney

This Day in History: President John F. Kennedy on Relations with USSR

Geodesic Dome Homes in Massachusetts by Realtor Michael MahoneyOn October 6, 1961 President Kennedy was advising the citizens of the United States on the threats with USSR.

President John F. Kennedy, speaking on civil defense, advises American families to build bomb shelters to protect them from atomic fallout in the event of a nuclear exchange with the Soviet Union. Kennedy also assured the public that the U.S. civil defense program would soon begin providing such protection for every American. Only one year later, true to Kennedy’s fears, the world hovered on the brink of full-scale nuclear war when the Cuban Missile Crisis erupted over the USSR’s placement of nuclear missiles in Cuba. During the tense 13-day crisis, some Americans prepared for nuclear war by buying up canned goods and completing last-minute work on their backyard bomb shelters.

Looking to Move Out of the Big City to Get Away From It All?

After reading about this day in history, I was tempted to look for homes with safe houses and fallout shelters. I decided to find homes that were ahead of their time. The homes below are Geodesic dome homes.  If you are looking to get away from it all, then you should check out these Geodesic Dome Homes in Massachusetts

Interested in selling your Boston Colonial style home and moving off the grid to live simply in a dome, then get the value of your home here

805 Seneca Drive, Becket, MA 01223 (MLS # 72171131)

(all data current as of 4/25/2018)
Price $452,500
Beds 4
Baths 3 full
Home size 1,373 sq ft
Lot Size 2.60 ac
This is your chance to have a real vacation feel with a true vacation home. This Geodesic Dome waterfront house will not feel like just another house. With soaring ceilings flooded with light and water views of Indian Lake, this home provides the perfect getaway. Being close to all of the Berkshire amenities on Indian Lake at Indian Lake Association is what makes this a unique and spectacular find. Visit www.indianlakema.com for association information. If you would like to know more about a Geodesic Dome house visit: http://inhabitat.com/5-great-reasons-to-build-a-geodesic-dome-home/.

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Listing provided by David St. Laurent, Real Living Realty Professionals Country and Waterfront Properties

(view all details for MLS #72171131)

We're sorry, but we couldn't find MLS # 72161634 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

 

This Day in History Enzo Ferrari – Inspiring Italiante Homes in Boston

October 5th, 2017 by Michael Mahoney

This Day in History Enzo Ferrari – Inspiring Italiante Homes in Boston

Michael Mahoney Realtor

On October 5, 1919, a young Italian car mechanic and engineer named Enzo Ferrari takes part in his first car race, a hill climb in Parma, Italy. He finished fourth. Ferrari was a good driver, but not a great one: In all, he won just 13 of the 47 races he entered. Many people say that this is because he cared too much for the sports cars he drove: He could never bring himself to ruin an engine in order to win a race. Read more on the History Channel

See the homes below here in Greater Boston built in the Italiante style. Homes built with same caliber as a Ferrari machine.

37 Atlantic, Swampscott, MA 01907 (MLS # 72223980)

(all data current as of 4/25/2018)
Price $1,895,000
Beds 9
Baths 3 full, 2 half
Home size 6,123 sq ft
Lot Size 27,878 sqft
Villa bel Mare (beautiful villa by the sea, in Italian) was constructed between 1913-16 with an Italianate architectural design, featuring many aspects of European flair. Now with all the modern amenities such as central AC, renovated gourmet kitchen, updated bathrooms, an English rose garden, quarter size Olympic swimming pool, spa, and fully renovated guest house, you will find yourself in the comfort of the 21st century. The library is fully paneled with Crotch Mahogany adding warmth and comfort to our NE winters. The grand staircase leads to a large entry that once invited the Boston Symphony in for practices. The dining room and octagon shaped breakfast room are steps from a kitchen. A 17' x 22' masterful gourmet kitchen featuring a 5 burner La Canche French brass and stainless steel commercial stove, 4 fisher and paykel dishwasher drawers, 2 Subzero refrigerators, Wolfe double convention ovens, large custom hand carved marble sink. Villa bel Mare is the essence of romantic living

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Listing provided by Merry Fox Team, Merry Fox Realty

(view all details for MLS #72223980)

70 Common Street, Belmont, MA 02478 (MLS # 72231126)

(all data current as of 4/25/2018)
Price $2,395,000
Beds 5
Baths 5 full
Home size 3,828 sq ft
Lot Size 24,126 sqft
Rare Italianate style villa lovingly cared for by the Underwood/Baker family, first time ever on market. Uniquely renovated with the finest imported European materials, the grand entryway offers a mudroom and foyer with a soaring atrium featuring a chandelier designed by Henri Pouenat. The second floor consists of a 30' open great room incorporating the living room, dining room and kitchen underneath an awe-inspiring vaulted ceiling. An office and en suite bedroom complete this gracious level. Grand windows allow for abundant natural light. The kitchen offers custom woodwork, abundant cabinet space, top-grade appliances plus breakfast bar. The living quarters consist of five+ bedrooms and five baths including one bedroom/spa suite with separate entrance overlooking stone terrace and .55 acre lush lawn. The first floor en suite master includes double custom closets and French doors opening onto a stone patio. This is a sophisticated and captivating property for the ages.

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Listing provided by Linda Elizabeth Cody, Lila Delman Real Esate of Newport, LTD

(view all details for MLS #72231126)

254 Westfield Street, Dedham, MA 02026 (MLS # 72190727)

(all data current as of 4/25/2018)
Price $6,500,000
Beds 7
Baths 6 full, 2 half
Home size 12,111 sq ft
Lot Size 14.71 ac
In the heart of Dedham’s Precinct One, on a stunning 14-acre site overlooking Weld Pond, is a handsome Colonial Revival Mansion brought faithfully into the 21st century by its renowned high-tech owners. A team of architects, engineers, and builders thoroughly restored and updated its grounds, structures, and systems. A long private drive winds past the gatehouse and up to the main house with its grand formal rooms, its beautiful kitchen, perfect baths, and superb views. There is a new wing with a family room, media room, greenhouse, and a heated 4-car garage. Beyond the house are a beach and a granite dock for swimming, fishing, and boating. A classic formal garden with a pergola overlooks the lake-like pond. The carriage house has offices, a guest suite, a caterer’s kitchen, a reception lounge, gym, and billiards room. The locker rooms downstairs serve the pool and the tennis court. All this is within reach of top-notch schools and a convenient commute to Logan and downtown Boston!

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Listing provided by John Boyle, LandVest, Inc.

(view all details for MLS #72190727)

Certified Pre-Owned Home Specialist

Looking to upgrade your Pontiac for a Ferrari? Get the conversation going with Realtor Mike Mahoney

Get the trade in value of your home now

Michael Mahoney
Greater Boston Realtor
617-615-9435

P.S. If you want to see some great automobiles  in Greater Boston then you should check out the Larz Anderson Auto Museum in Brookline.

 

The Fall Market is Still Warm Like Summer

October 3rd, 2017 by Michael Mahoney

The Crisp Fall Air and the Smell of Firepits

October 2nd, 2017 by Michael Mahoney

The Crisp Fall Air and the Smell of Firepits

“I just love the idea of nighttime outdoor entertaining. Cozy seating, plenty of space for evening chatter, and the ambiance of delicate lighting make for a breathtaking space. Stefanie from “Brooklyn Limestone” has a great example of how to separate zones in the yard using outdoor lights (below). This small patio area is surrounded by a series of string lights suspended above, which separates it from the hammock and dining area nearby.”  from Houselogic

Check out some of these homes below if you are looking to enjoy your domicile. A simple firepit and some lights can create a place where you and your family and friends will make lasting memories from a shared meal to a deep conversation.  Wouldn’t it be nice to have a place to relax.

Courtesy of BrooklynLimestone.com

Here are some great homes in Norfolk County with Awesome Outdoor Spaces

We're sorry, but we couldn't find MLS # 72185200 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

1 Shady Lane, Medway, MA 02053 (MLS # 72235846)

(all data current as of 4/25/2018)
Price $659,900
Beds 4
Baths 2 full, 2 half
Home size 4,166 sq ft
Lot Size 1.56 ac
Your dream home awaits! Beautifully located on a 1.5+ acre lot within a private cul-de-sac, this distinctive 4 BR, 2.5 BA Colonial boasts true craftsmanship & superior design throughout. The spacious 2 story marble foyer provides a warm welcome into the home! Enjoy the endless possibilities of both elegant entertaining & comfortable living thanks to the open floor plan with meticulous attention to detail! Custom-built gourmet kitchen with custom cabinetry & over-sized breakfast peninsula leads to impressive 4-season sunroom overlooking the private, backyard oasis! The grounds include a spacious patio, stone chimney oven, cabana, shed & in-ground Gunite pool with heated salt system, waterfall, hot tub & pool house! 4 upstairs bedrooms including the spacious master en-suite with luxurious full bath & private access to upper deck! Additional updated, finished living spaces on both on the 3rd flr & spacious lower level.Newer alarm and fire syst.,updated electrical,Solar, new windows.

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Listing provided by Linda Dumouchel, Realty Executives Boston West

(view all details for MLS #72235846)

20 Pleasant St, Franklin, MA 02038 (MLS # 72182359)

(all data current as of 4/25/2018)
Price $700,000
Beds 4
Baths 2 full, 1 half
Home size 2,896 sq ft
Lot Size 10,712 sqft
Spectacular and elegant one of a kind home completely renovated with countless upgrades and details. Home was re-framed and rebuilt in 2001 with new electrical, plumbing, chimney, hydro heating and a/c. Chef’s kitchen with white marble counters, draw inserts and racks , wine frig, and huge center island, hardwood flooring throughout 1st and 2nd floors, living room with coffered ceiling and fireplace, updated baths with nickel fixtures and water-work baths, two huge walk-in California closets. Private fenced in backyard with new patio, perennial gardens and professional landscaping. New garage doors and driveway, new fencing. Walking distance to Town Common, commuter rail, High School, library, downtown shopping, farmer’s market and senior center. Stunning and luxurious property. Value Range Pricing, seller to entertain offers between $ 700K and $ 735K

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Listing provided by Henry A. Valati, William Raveis Prime

(view all details for MLS #72182359)

17 Bucknell Rd, Wellesley, MA 02481 (MLS # 72214266)

(all data current as of 4/25/2018)
Price $3,100,000
Beds 5
Baths 5 full, 1 half
Home size 6,750 sq ft
Lot Size 20,032 sqft
Newly completed with the perfect blend of new construction, location, deep back yard, and craftsmanship! This thoughtful and family friendly design melds traditional and contemporary elements such as the spectacular board and batten chevron-patterned family room ceiling and hand crafted beams. You will love preparing meals in the open chef's kitchen with massive center island and a huge walk-in pantry where you can store every kind of William Sonoma appliance and serving piece. The transitional mix of contemporary and farmhouse features will distinguish your home from any other. Massive mudroom with cubbies, closets and central family-control station. 5 bedrooms on the second floor including the unique teen wing-- offering spaces to be together or apart. First floor private office. Large two-over-two windows for maximum light. Level private yard with bluestone patio and built-in grill area. Ready for move-in August 21!

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Listing provided by Kathy Kelley, Berkshire Hathaway HomeServices Town and Country Real Estate

(view all details for MLS #72214266)

Inspired by these and tired of yours? Get the value of your house now

 

Inventory So Low Even Pepto Pink will Sell

September 28th, 2017 by Michael Mahoney

Inventory So Low Even Pepto Pink will Sell

Boston Low Housing Inventory

Get the value of your home now…

If you are looking for professional advice on how to prepare your home for the market please feel free to reach out to Michael Mahoney.

Michael Mahoney Boston Realtor

The Dog Days of Summer Are Back-How About a Hot House with A Cool Pool

September 26th, 2017 by Michael Mahoney

The Dog Days of Summer are Back – How About a Hot House with a Cool Pool

norfolk county houses with pools

Click on the picture to see hot houses with cool pools

Check out these hot houses with cool pools

Homes in Norfolk County with Solariums

September 20th, 2017 by Michael Mahoney

Want to make the most of this rainy day?

Homes in Norfolk County with Solariums

Looking for a home that will keep you cheery on a rainy day like today. It may be dark and gloomy outside but these homes with solariums with keep your spirits uplifted

211 Fox Hill Street, Westwood, MA 02090 (MLS # 72215749)

(all data current as of 4/25/2018)
Price $1,027,000
Beds 5
Baths 3 full, 1 half
Home size 3,339 sq ft
Lot Size 2.65 ac
Gorgeous home situated in the desirable Fox Hill area of Westwood seconds to town center, highway, and commuter rail. Welcome your guests through a marble foyer entry hall leading to a formal living room with hardwood floors, dining room, and french doors leading to a sun soaked family room / music room / solarium with soaring ceilings. Open and airy kitchen featuring granite counter tops, breakfast bar, built in desk, and a family room with wood burning fireplace insert. Flexible first floor suite complete with exercise area, full bathroom, and first floor master bedroom / in law / au pair. Second floor features a master bedroom with large master bathroom, 3 more generous sized bedrooms all with hardwood floors, an additional full bathroom, and a bonus room perfect for home office / den / or play room. Newer high efficiency boiler with 5 zones of heat, 3 zones of c/air, 2 car garage, and more! Privacy and nature surrounds you with this 2.65 acre retreat lot set back off the street

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Listing provided by Francis J. Curran, Conway Cityside - S. Boston

(view all details for MLS #72215749)

Get the value of your house and move up to this one

55 Hillcrest Rd, Weston, MA 02493 (MLS # 71963775)

(all data current as of 4/25/2018)
Price $2,560,000
Beds 6
Baths 8 full, 2 half
Home size 10,264 sq ft
Lot Size 1.98 ac
Spectacular Waterfront Estate with a sophisticated open design captures the surrounding beauty of Duck Pond. A grand foyer leads to the formal living and dining room with captivating water views. A sunken family room flows into a gourmet kitchen ready to serve a chef with commercial grade appliances, double islands and a window-filled breakfast room. The handsome library is ideally situated on the main level and can also be used as a guest bedroom. A wrap around deck, palatial glass doors and a second floor solarium seamlessly integrate the outside views with the sprawling design. The master suite includes a sitting room with a fireplace, marble bathroom and shower with a spa inspired soaking tub. Take the elevator to the lower level where you'll find a media room, exercise room with sauna, massage room, wine cellar and guest bedroom and bath. A four car garage and an exceptional custom dog kennel are special features. The magnificent grounds and setting will take your breath away.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listing provided by Mizner & Simon Team, Benoit Mizner Simon & Co. - Weston - Boston Post Rd.

(view all details for MLS #71963775)


Get the value of your house and move up to this one

We're sorry, but we couldn't find MLS # 72216051 in our database. This property may be a new listing or possibly taken off the market. Please check back again.


Get the value of your house and move up to this one

34 Raven Road, Canton, MA 02021 (MLS # 72171619)

(all data current as of 4/25/2018)
Price $1,250,000
Beds 4
Baths 3 full, 1 half
Home size 4,672 sq ft
Lot Size 29,839 sqft
Luxury living at its finest, in one of Canton’s most desirable neighborhoods, the Algonquin Estates. Welcome yourself home in a 2-story atrium with a center staircase and open balcony that overlooks an oversized family room that boasts comfort. Indulge in a gourmet kitchen, open eating area, and formal dining and living room. Relax in a solarium nestled alongside a beautifully fenced in landscaped backyard with a stone ground, heated pool with waterfall and self-cleaning, outdoor ceder tea house, stone seated areas, custom deck with vynl pergola, and outdoor/indoor sound system wired. Entertain in theater room, accented by a wine cooler, subzero fridge, and top notch sound system wired. Master bedroom with an exceptional, 300 degree fireplace, sitting room, and dressing room and guest suite with full bath.And that’s not all…3 car garage with tech flooring and much more. Extravagance can be yours! - Close to trains, schools, supermarkets, and major highways. Showing NOW.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listing provided by Giovanna Colabraro, Keller Williams Realty Boston South West

(view all details for MLS #72171619)


Get the value of your house and move up to this one

Would you Rather Come into Boston?

Check out this property. The light that splashes into this urban home will warm you on the cold and dark days.

We're sorry, but we couldn't find MLS # 72183770 in our database. This property may be a new listing or possibly taken off the market. Please check back again.


Get the value of your house and move up to this one

Why Selling My Home in Boston This Fall Makes Sense By Michael Mahoney Keller Williams Realty

September 19th, 2017 by Michael Mahoney

Why Selling A Home in Boston in 2017 Makes Sense

The Fall Demand Is Strong Due to the Lack of Supply Still

Keller Williams Boston Realtor Michael Mahoney

Why Selling in 2017 Makes Cents

The latest Buyer Traffic Report from the National Association of Realtors(NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market. The inventory of available homes is still tight. Inventory has been falling for the past three years. Housing shortages have intensified in 2017. Houses are moving quickly.

Get the value of your house now

Like to chat with us…call 617-615-9435

Lawrence Yun is the National Association of Realtors Chief Economist.  Here is his latest report from National Association of Realtors

 

Home Staging Sells Boston Homes Faster

July 7th, 2017 by Michael Mahoney

Home Staging Sells Boston Homes Faster

Keller Williams Boston Realtor says "Home Staging Sells Boston Homes Faster"

Click to make larger

WASHINGTON (July 6, 2017) — Sixty-two percent of sellers’ agents say that staging a home decreases the amount of time a home spends on the market, according to the National Association of Realtors® 2017 Profile of Home Staging

“Realtors® know how important it is for buyers to be able to picture themselves living in a home and, according to NAR’s most recent report, staging a home makes that process much easier for potential buyers,” said NAR President William E. Brown, a Realtor® from Alamo, California and founder of Investment Properties. “While all real estate is local, and many factors play into what a home is worth and how much buyers are willing to pay for it, staging can be the extra step sellers take to help sell their home more quickly and for a higher dollar value.”

According to the National Association of Realtors report, which is in its second iteration, nearly two-thirds of sellers’ agents said that staging a home decreases the amount of time the home spends on the market, with 39 percent saying that it greatly decreases the time and 23 percent saying it slightly decreases the time. Sixteen percent of sellers’ agents believe that staging either greatly or slightly increases a home’s time on the market, while 8 percent believe that it has no impact.

Seventy-seven percent of buyers’ agents said that staging a home makes it easier for buyers to visualize the property as their future home, and 40 percent are more willing to walk through a staged home they first saw online. However, 38 percent of buyers’ agents said that staging positively affects a home’s value if the home is decorated to the buyer’s taste, meaning that a home’s staging should be designed to appeal to the largest number of potential buyers.

Forty-nine percent of buyers’ agents said that staging has an effect on most buyers. Another 48 percent stated that staging has an effect on some buyers’ opinion of a home, but not always, and only 4 percent said that it has no impact on buyers.

Realtors® representing both buyers and sellers agreed that the living room is the most important room in a home to stage, followed by the master bedroom, the kitchen, and then the yard or outdoor space. The guest bedroom is considered the least important room to stage.

Get access to the Staging Report to Make Your Boston Home Sell Faster

 

If you are considering selling your Boston Home, you first want to get the value of your Boston Home

and then you should speak to a local real estate professional about what you should do to get your home ready for the market. Staging, cleaning, repairs and re-positioning can get a home sold faster in Boston.

Michael Mahoney is a Realtor with Keller Williams in Boston.

Feel free to contact me for help with any real estate questions you may have at 617-615-9435.

Pending Home Sales Tumble in May for Third Straight Month

June 29th, 2017 by Michael Mahoney

 Pending Home Sales Tumble in May for Third Straight Month

 

National Association of Realtors Report on Pending Home Sales

WASHINGTON (June 28, 2017) — The ongoing supply shortages that are propping up home prices in many metro areas caused pending home sales in May to slump for the third consecutive month, according to the National Association of Realtors®. None of the major regions saw an increase in contract activity last month.

“The lack of listings in the affordable price range are creating lopsided conditions in many areas where investors and repeat buyers with larger down payments are making up a bulk of the sales activity,” said Yun. “Meanwhile, many prospective first-time buyers can’t catch a break. Prices are going up and there’s intense competition for the homes they’re financially able to purchase.”

Existing-home sales are forecast to be around 5.63 million this year, an increase of 3.2 percent from 2016 (5.45 million). The national median existing-home price this year is expected to increase around 5 percent. In 2016, existing sales increased 3.8 percent and prices rose 5.1 percent.

Massachusetts Association of Realtors Report Dip in Closed Sales

Homes for sale reach lowest level for May since 2004

WALTHAM, Mass. – June 27, 2017 – The Massachusetts Association of Realtors® (MAR) reported today both single-family and condominium saw a slight dip in sales in May from last year. Despite the drop, median home prices for both single-family homes and condominiums hit new all-time highs. Inventory also reached the lowest level for the month of May since MAR began recording the data in 2004.

Pending Home Sales Dip in Massachusetts by Keller Williams Realtor Michael Mahoney

May Closed Sales from The Massachusetts Association of Realtors – click to see large image

 

Massachusetts Real Estate Inventory

Keller Williams Realtor reports on massachusetts real estate inventory

Massachusetts Association of Realtors – Click to see large image

 

Get the Value of Your Home Now

The Greater Boston real estate market could certainly use more inventory. If you are considering a move at all, now would be a time to take a closer look at it. With the demand high, and buyers competing for properties the market is very forgiving when it comes to home repairs and concessions by sellers.

 

David Ortiz Courtesy of The Boston Globe

If I were considering a move,  I would go out on top like David Ortiz rather than waiting for the market to show signs of stalling.  By that, I simply mean that real estate markets are cyclical and that what goes up must come down. If I were in my older years, I would get out in the hot market rather than waiting for it to cool.

Get the value of your home now in 15 seconds

You can reach Michael Mahoney via cell/text at 617-615-9435 or via email mike@mmahoney.com

Mobile Real Estate Application

June 6th, 2017 by Michael Mahoney

Michael Mahoney of Keller Williams Mobile Boston Real Estate App

Download Michael Mahoney’s mobile real estate app to get FREE access to all local listings from your smartphone or tablet.

On the search for your next home? Curious about what’s for sale in your neighborhood or a neighborhood you always had an interest in?

Do you want to see where there are open houses nearby?

With the Keller Williams Realty Greater Boston Real Estate Search APP, finding the right home for you is as easy as drawing a circle on a map!

The Keller Williams Greater Boston search app was designed for today’s tech savvy home buyers, this easy-to-use GPS-powered app puts you in control of your real estate search.

Get FREE instant access to local homes from any cell or tablet.

You can simply send a text “KW2MC1TT6” to 87778 to download the Mobile app to your smartphone right now or simply click the tablet or phone below.

Most Expensive Home in Southern Norfolk County is in Dover

May 8th, 2017 by Michael Mahoney

Most Expensive Home in Southern Norfolk County is in Dover

Most expensive home in Norfolk County

Strawberry Hill – Most Expensive Home in Southern Norfolk County

The most expensive home in Southern Norfolk County is an estate. The property is located at 45-53 Strawberry Hill Street in Dover. The property features a stable and carriage house. It’s a country estate only a mile and half to the Needham Junction commuter rail. (more…)

Join eXp Realty Boston

April 23rd, 2018 by Michael Mahoney

Join eXp Realty in Boston Today

Joining in eXp Realty in Boston would starts with a conversation with one of our local agents. Local real estate agents wishing to join eXp Realty must be sponsored into the company.  Agents in our company identify talented individuals in the real estate profession or people looking to become real estate professionals and sponsor them into our company.

Agents joining eXp Realty are sponsored by existing eXp agents. This ensures that agents in the company are building the company the way see is best. eXp Realty is a global community designed, powered and owned by our agents and partners, transforming the real estate experience. By empowering the agents to build the company, eXp is building a company that agents will want to be with for a long time.

Want to know more about joining eXp Realty in Boston

Agent-Ownership is Real at eXp Realty

Our family of agents builds their own businesses while having the opportunity to also establish a direct ownership interest in eXp World Holdings, eXp Realty’s holding company, as a shareholder and partner.  When agents join eXp Realty, they are granted stocks in the company. This aligns the agents to the company values and treats them as a true owner.

eXp Realty Versus the Traditional Real Estate Brokerages

In a traditional brokerage, you affiliate as an agent in a company. The broker/owner then gets a cut of the commissions.  At eXp Realty, there are no local franchisees. You the agent deal directly with the eXp International.  There is no middle man. By reducing the amount of middlemen in the model, eXp is able to grant stock and stock options to their agents making them direct ownership partners.

Maximum Earning Potential

No desk fees. No royalty fees. No franchise fees. Keep 80-100% of your commissions and participate in one of the industry’s most rewarding icon-agent programs. Agents at eXp Realty can receive revenue share from the people they sponsor into the company. Revenue share is paid by eXp Realty company dollars and doesn’t reduce agent commission, and there’s no limit to the amount agents can earn.

Join exp realty in boston

 

 

eXp is Revolutionizing the Real Estate Model

eXp Realty’s revolutionary virtual-office business model does away with the added costs of a traditional brick-and-mortar brokerage. This means no desk fees, no franchise fees and no royalty fees. Keep 80-100% of your commissions, and enjoy a low company cap. Most agents today never go into the office. The Internet has made it so the majority of agents are working virtually everyday. Why not get the income you are leaving on the table at the “traditional brokerage” you are working at virtually anyways.

Join exp realty in boston

eXp Realty – Our Culture

At eXp Realty, our family of agents and brokers build their own businesses while
establishing a direct ownership interest in the company as a shareholder and partner. The greatest asset of any real estate brokerage is the group of agents and brokers who are a part of it. In our view, those agents and brokers should be owners and at eXp Realty, they are.

eXp is attracting like-minded successful brokers and agents seeking to leverage technology while off-loading office walls, managing the office, training and support functions. Through the innovative use of technology, the company provides agents, teams of agents, and brokerage owners with opportunities for increased profitability, reduced risk, and greater levels of professional development while fostering an organizational culture that values collaboration,strength of community, and commitment to serving the consumer’s best interests.

eXp agents are not constrained by brick and mortar obligations, capital requirements or structure not central to broker, agent, buyer and seller needs. eXp seeks to take advantage of a world digitally connected in ways never thought possible and inspire its people to leverage the best technologies to be the service leader in the real estate industry. Most notable among the technologies that the company employs, and one that distinguishes it from any of its competitors, is a 3D, fully-immersive, cloud campus complex which has meeting rooms, training centers, outdoor spaces, and in which the company’s management, staff, agents and brokers all work on a daily basis learning from, sharing with, transacting business with, and socializing with colleagues from across diverse geographies.

eXp agents are working together to build businesses, build and enhance brands, increase profitability, reduce overhead and risk, and achieve bold career and life goals, all while establishing a direct ownership interest in eXp Realty as a shareholder and partner.

Join exp realty in boston

 

123 Pine Street Holbrook MA is for Sale by eXp Realty

April 10th, 2018 by Michael Mahoney


123 Pine Street Holbrook MA 02343
Overview
Maps
Photos
Description
Neighborhood
Homes in Holbrook
$449,000
Single Family Home
Main Features
4 Bedrooms
2 Full Bathrooms
1 Unit
Interior: 2,214 sqft
Lot: 7,193 sqft
Year Built: 1910
MLS #: 72306129
Location

123 Pine Street
Holbrook, MA 02343
USA

See the video of 123 Pine Street in Holbrook


Michael Mahoney Realtor Michael Mahoney Realtor

eXp Realty
(617) 615-9435
mike@mmahoney.com
http://www.realtormikemahoney.com

      

Listed by: James Matthew eXp Realty

Our recent listings

 

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Homes with Pools in Norfolk County

March 24th, 2018 by Michael Mahoney

Homes with Pools in Norfolk County

Homes with Pools in Norfolk County by Realtor Michael Mahoney

Homes with Pools in Norfolk County

 

Homes Sold in Norfolk MA

March 12th, 2018 by Michael Mahoney

  • Posted in General
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5 Reasons to Sell This Winter!

December 5th, 2017 by Michael Mahoney

5 Reasons to Sell This Winter!

Here are five reasons listing your home for sale this winter makes sense. This was taken from The Keeping Current Matters Blog

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six, but has hovered between nine and ten years since 2011. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 44 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly, AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 4.7% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

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Chestnut Ridge Condominiums in Franklin MA

November 15th, 2017 by Michael Mahoney

Chestnut Ridge Condominiums in Franklin MA

Chestnut Ridge Condominiums in Franklin MA

The Chestnut Ridge Condominium Complex in Franklin is a 130 unit town house complex that offers all the amenities of single family homes without all of the external work.

These town homes range in the 2000 square foot area.
They typically sell between 400k and 500k.

They attract busy professionals as well as people who have downsized from larger homes in the Norfolk County area.

You can see all Chestnut Ridge Condominiums here

 

Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

Review Michael Mahoney on Zillow.com

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Poetry & Prose Workshop: Spring Sessions, #4 of 6

Boston Writers' Workshop

In 2018, our evening workshops will run in six-week blocks, three times in the year: Spring, Summer, and Fall. The following information pertains to our Spring sessions. At these meetings, we read each other's work aloud, and engage in critical,...

Written on the Body by Jeanette Winterson

Jamaica Plain Feminist Book Club

Looking forward to seeing old friends and new on 4/25. As always, let me know if you have any questions. "The most beguilingly seductive novel to date from the author of The Passion and Sexing the Cherry. Winterson chronicles the consuming affair...