Title /blog/posts/2015/02/?format=rss A blog feed. en-US Sun, 22 Feb 2015 12:52:00 -0500 January Real Estate Market Update - Sales are up! https://www.wandamooney.com/blog/posts/2015/02/22/january-real-estate-market-update-sales-are-up/ <div class="p1"><b><span style= "font-family: Arial, Helvetica, sans-serif">Pioneer Valley</span></b></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Sales up 7.6%</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2014 - Number of units closed - 263</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2015 - Number of units closed - 283</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2014 - Average Sales Price - 197,104</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2014 - Average Sales Price - 213,318</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s1"><b><span style= "font-family: Arial, Helvetica, sans-serif">Franklin County</span></b></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Sales up 17.1%</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2014 - Number of units closed - 35</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2015 - Number of units closed - 41</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2014 - Average Sales Price - 164,031</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2015 - Average Sales Price - 214,529</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s1"><b><span style= "font-family: Arial, Helvetica, sans-serif">Hampshire County</span></b></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Sales up 5.7%</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2014 - Number of units closed - 53</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2015 - Number of units closed - 56</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2014 - Average Sales Price - 286,148</span></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif">Jan 2015 - Average Sales Price - 271,883</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p3" style="text-align: center"><span class= "s1"><b><span style="font-family: Arial, Helvetica, sans-serif">Key Points - Pioneer Valley Single Family Homes</span></b></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><u>Sales</u> - Up 7.6 percent from 263 in January 2014 to 283 in January 2015.&nbsp;</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><u>Median Price</u> - Up 3.4 percent from $179,000 in January 2014 to $185,000 in January 2015.</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><u>Inventory</u> is down 3.9 percent from 1,953 single family listings at the end of January 2014 to 1,877 single family listings at the end of January 2015.</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><u>Supply</u> - At the end of January 2014 there were 7.4 months of supply at the current rate of sale.&nbsp; At the end of January 2015 there were 6.6 months of supply at the current rate of sale.</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><u>Days on Market</u> - The average days on market is up 13.8 percent from 137 days in January 2014 to 156 in January 2015.</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><u>A Six-Year View</u> - The median price is down 2.6 percent from $190,000 in January 2010 to $185,000 in January 2015.&nbsp;</span></span></div> <div class="p2"><span style= "font-family: Arial, Helvetica, sans-serif"><br /></span></div> <div class="p1"><span class="s2"><span style= "font-family: Arial, Helvetica, sans-serif"><u>Mortgage Rates</u> - 30 year fixed rate mortgage averaged 3.66 percent with an average of 0.6 points for the week ending January 29, 2015.&nbsp; Last year at this time the 30 year FRM averaged 4.32 percent with an average 0.7 points.</span></span></div> Uncategorized Sun, 22 Feb 2015 12:52:00 -0500 How Does the White House Compare to a Typical Home Purchased - Happy President's Day https://www.wandamooney.com/blog/posts/2015/02/16/how-does-the-white-house-compare-to-a-typical-home-purchased-happy-president-s-day/ <h1 class="title single-title" style= "border: 0px;color: #5a5a5a;float: left;font-family: Signika, sans-serif;font-size: 30px;font-style: inherit;font-variant: inherit;line-height: 30px;margin: 0px 0px 5px;padding: 20px 0px 0px;vertical-align: baseline"> President's Day: How does the White House compare to the typical home purchased?</h1> <h1 class="title single-title" style= "border: 0px;color: #5a5a5a;float: left;font-family: Signika, sans-serif;font-variant: inherit;line-height: 30px;margin: 0px 0px 5px;padding: 20px 0px 0px;text-align: center;vertical-align: baseline"> <span style="font-size: small"><i><span style= "color: #666666;font-family: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit"> In the spirit of President's Day we can use data from the&nbsp;</span><span style= "border: 0px;color: #666666;font-family: georgia;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline">2014 Profile of Home Buyers and Sellers</span><span style= "color: #666666;font-family: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit">&nbsp;</span><span style="color: #666666;font-family: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit">to see how the typical home differs from the White House.</span></i></span></h1> <div><span style="font-size: small"><i><span style= "color: #666666;font-family: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit"> <br /></span></i></span></div> <div><span style="font-size: small"><i><span style= "color: #666666;font-family: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit"> <br /></span></i></span></div> <div><span style="font-size: small"><i><span style= "color: #666666;font-family: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit"> <br /></span></i></span></div> <div class="post-single-content box mark-links" style= "border: 0px;color: #666666;float: left;font-family: arial, sans-serif;font-size: 14px;line-height: 22px;margin: 0px;overflow: hidden;padding: 0px;vertical-align: baseline;width: 569.546875px"> <div style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin-bottom: 20px;padding: 0px;vertical-align: baseline"> <b style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> <br /></b></div> <div style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin-bottom: 20px;padding: 0px;vertical-align: baseline"> <b style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> Typical Home Purchased in the U.S.</b></div> <ul style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 1.5em 0px 1.571em 1.571em;padding: 0px;vertical-align: baseline"> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> 84% of buyers purchased a previously owned home, with 79% of buyers choosing a detached single-family home.</li> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> Looking at first-time and repeat buyers, both also purchased detached single-family homes more often with 75% of first-time buyers and 81% of repeat buyers.</li> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> 50% of all buyers purchased their home in a suburb/subdivision. The typical detached single-family home purchased was 2,000 square feet.</li> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> Homes purchased also had a median of 3 bedrooms, 2 bathrooms, and was built in 1993.</li> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> Of all buyers, the expected length of tenure in the home purchased was 12 years.</li> </ul> <div style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin-bottom: 20px;padding: 0px;vertical-align: baseline"> <b style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> The White House</b></div> <ul style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 1.5em 0px 1.571em 1.571em;padding: 0px;vertical-align: baseline"> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> The White House was built in 1792, and in comparison is located in an urban or central area.</li> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> The White House contains 6 levels, has 132 rooms, including 35 bathrooms.</li> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> It also includes features such as: a tennis court, jogging track, swimming pool, billiard room, movie theatre, and bowling alley.</li> <li style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px;padding: 0px;vertical-align: baseline"> While tenure in the median expected tenure in home lasts around 12 years, in the White House the expected tenure is between 4 and 8 years.</li> </ul> <span class="theauthor single-postmeta" style= "border: 0px;clear: both;float: left;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin: 0px 0px 17.078125px;padding: 0px;vertical-align: baseline">Posted in&nbsp;<a href= "http://economistsoutlook.blogs.realtor.org/category/economist-commentaries/" title="View all posts in Economist Commentaries">Economist Commentaries</a>, by&nbsp;<a href= "http://economistsoutlook.blogs.realtor.org/author/bsnowden/" rel= "author" title= "Posts by Brandi Snowden, Research Survey Analyst">Brandi Snowden, Research Survey Analyst</a>&nbsp;</span> <div class="post-single-content box mark-links" style= "border: 0px;float: left;margin: 0px;overflow: hidden;padding: 0px;vertical-align: baseline;width: 569.546875px"> </div> <div style= "border: 0px;font-family: inherit;font-size: inherit;font-style: inherit;font-variant: inherit;font-weight: inherit;line-height: inherit;margin-bottom: 20px;padding: 0px;vertical-align: baseline"> </div> </div> Uncategorized Mon, 16 Feb 2015 13:00:00 -0500 Yearly Real Estate Sales of Single Family Homes since 2003 in Franklin County, Ma of the Pioneer Valley Region https://www.wandamooney.com/blog/posts/2015/02/10/yearly-real-estate-sales-of-single-family-homes-since-2003-in-franklin-county-ma-of-the-pioneer-valley-region/ <div class="separator" style="clear: both;text-align: left">I've been keeping track of single family sales for all Franklin County towns since 2003. &nbsp;I recently added 2014 and you can see a trend of where real estate sales are headed. &nbsp; Interesting to see the rise and fall of the market over the past 12 years. &nbsp;It appears we are now at 2004 to 2005 prices and an increase in values should continue over the next few years. &nbsp;I do have the breakdown of sales for each town since 2003. &nbsp;If you are interested in knowing the activity in your specific town, feel free to email me at wanda@mooneyandroberts.com. &nbsp;&nbsp;</div> <div class="separator" style="clear: both;text-align: left"></div> <div class="separator" style="clear: both;text-align: center"> <a href= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/Franklin%2BCounty%2BSales%2Bsince%2B2003.jpg" style="margin-left: 1em;margin-right: 1em"><img border="0" src= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/Franklin%2BCounty%2BSales%2Bsince%2B2003.jpg" height="640" width="446" /></a></div> <div class="separator" style="clear: both;text-align: left"></div> <div class="separator" style="clear: both;text-align: left">This information is gathered from MLS and does not include private sales.</div> Uncategorized Tue, 10 Feb 2015 15:50:00 -0500 Affordable and Attractive Ranch For Sale in Shelburne, Mass https://www.wandamooney.com/blog/posts/2015/02/04/affordable-and-attractive-ranch-for-sale-in-shelburne-mass/ <p>This affordable and attractive ranch style home was built in 2012 and located in one of Shelburne's finest areas. &nbsp; The welcoming interior is light and bright and features an open kitchen, dining and living area with double patio doors that lead to a deck. &nbsp;It has a great kitchen with plenty of cabinets and countertop space, 2 bedrooms, full bath and all the appliances including washer and dryer are included. &nbsp;If you need additional living space, the walk out basement can easily be finished to create large area that is perfect for a family room or office area. &nbsp;This home offers low maintenance living, the interior is handicap accessible and it comes with a high efficiency Veismann boiler. &nbsp;It has 3.92 wooded acres and located less than 10 minutes from Greenfield and Shelburne Falls. &nbsp;This one is move in ready, call today for a showing appointment. $179,900<br /></p> <table> <tr> <td align="center"><a href= "http://www.visualtour.com/showvt.asp?t=3521488" style= "color: #0967ad;text-decoration: none" target="_blank"><img alt="" height="150" src= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/lp_x4ckk.jpg" style= "border: 0;padding-top: 10px;vertical-align: middle" width= "200" /></a></td> </tr> <tr> <td align="center"><a href= "http://www.visualtour.com/showvt.asp?t=3521488" style= "color: #0967ad;text-decoration: none" target="_blank"><img alt= "Play VisualTour" border="0" src= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/playbutton_animated.gif" style="padding-bottom: 2px" /></a></td> </tr> </table> Uncategorized Wed, 04 Feb 2015 01:17:00 -0500 Handsome Center Hall 1780 Colonial for Sale in Heath, Mass https://www.wandamooney.com/blog/posts/2015/02/03/handsome-center-hall-1780-colonial-for-sale-in-heath-mass/ <p>Beautiful antique1780 Center-Hall Colonial with charming and period details throughout. &nbsp;The interior of this home features an eat-in kitchen with woodstove, dining room, den, parlor, 4 fireplaces, 4 bedrooms, wood floors, attractive woodwork, raised paneling, moldings, pine floors and a walk-up attic. &nbsp;It is well cared for and tastefully decorated. &nbsp; &nbsp;It is surrounded by beautiful gardens, stonewalls, patio and mature maples. &nbsp;This antique gem is listed on the National Historic Register and located in the center of Heath and near many recreational activities. $289,000<br /></p> <table> <tr> <td align="center"><a href= "http://www.visualtour.com/showvt.asp?t=3505017" style= "color: #0967ad;text-decoration: none" target="_blank"><img alt="" height="150" src= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/lp_u2dfh.jpg" style= "border: 0;padding-top: 10px;vertical-align: middle" width= "200" /></a></td> </tr> <tr> <td align="center"><a href= "http://www.visualtour.com/showvt.asp?t=3505017" style= "color: #0967ad;text-decoration: none" target="_blank"><img alt= "Play VisualTour" border="0" src= "https://s3.amazonaws.com/files.usmre.com/5577/blog/misc/playbutton_animated.gif" style="padding-bottom: 2px" /></a></td> </tr> </table> Uncategorized Tue, 03 Feb 2015 18:45:00 -0500