Condo Rental Available - $1150 - 2 bedroom Corner Unit -Maynard - Great Location!

10-MILL-ST-MAYNARD-MA-01754 Property Detail

Corner unit at Stonebridge Narrows Condominium abutting the Assabet River.Top floor. Living room with sliders to screened balcony. 2 bedrooms with good size closets. Linen closet. Laundry on same floor. One parking space in back. Storage pod in basement. Convenient to restaurants, shops, arts, parks, library, walking track, schools, Clock Tower Place, and more. Minutes to Route 117 for easy commute to Waltham or west to 495. Just painted and ready for you! NO PETS of any type or size.

Great Location - Convenient to Maynard Downtown, Clock Tower Place and Easy Commute to Waltham/117.

Abutting the Assabet River - Maynard MA

                                                                               

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Is This a Good Time to Sell Your House?

Recently I was chatting with a woman who was complaining about the cold saying that her friends and relatives in Florida keep telling her she should move there. Sounds like a good idea to a lot of us in Massachusetts as we look at the endless piles of snow… So I mentioned I’m a real estate broker and that my Realtor friends in Florida send me information about some fabulous opportunities especially in Naples and Fort Myers where she would be going. We talked about what a great house she could buy for so much less money than here :) and then she said: “but it’s such a bad time to sell, nothing is selling!”

Really? While hardly a day goes by without a headline about “the housing market”, as if there is one big market when really there no such thing; all real estate is local and whether houses are selling or not depends on supply and demand which varies greatly around the country. In New England it varies from town to town and within the town it can vary by price point. While the supply in places like Florida and Nevada is still high, right now the supply of homes for sale in the towns west of Boston is really low. Compared with last year at this time the number of single family homes for sale in Sudbury has dropped by 18%; 21% in Maynard; and 30% Wayland! Of course, no one can tell you exactly what the demand is, however, based on 2010 absorption rates and the increased number of calls from buyers since Thanksgiving, I would say buyers are hungry for new listings to come on the market.

Everyone wants to sell high and buy low! Well, if you’re selling in Massachusetts and moving to a state like Florida that still has a large supply of homes for sale you can actually to do that! When I explained that to her and told her about some recent single family home sales in town, she kind of got it but was still focused on selling for less than she could have a few years ago. I suggested that she think about where she wants to be rather than what could have been; and, more importantly that she could be with her family and not have to go through another winter like this.

Bottom line: whether it’s a good time to sell depends on you and where you want to go. Since most home sellers become buyers, selling is just a means to an end; one more step (albeit a big one!) in the buying process. If you are moving to a less expensive town or state, down-sizing within the same market, or even if you are looking to move up within the same town then it’s a good time to sell. Today’s low interest rates are another factor on your side. If you really are ready to make a move because that is what makes sense for your life, don’t let the naysayers deter you and don’t wait for everyone else to go on the market. Get the facts from a real estate professional and then you decide if it’s a good time to sell based on your market, not headlines!

Stow MA Market Update - More Homes Sold in 2010; December Sale Prices Up

Happy New Year and welcome to the first Stow MA Real Estate Market Conditions Report for 2011.


Here is what's going on in Stow: Currently, there are 42 single family homes for sale in Stow MA; last year at this time there were 32. List prices for single family homes in Stow range from $199,000 to $699,900; with prices for new construction starting at $549,900.

The median list price is less than it was last year at this time - $438,350 compared with $591,400 last year; and the average is also less: $460,941 compared with $541,621 last year. Average time on the market is 222 days. There are 4 single family homes with sales pending.

There were 54 single family homes sold in Stow during 2010; up from 50 in 2009. Both median and average sale prices were lower in 2010; the median was $446,250; the average was $451,194. The 2009 median sale price was $470,000; the average was $494,166. December 2010 ended on a more positive note with the median sale price of $611,000 and the average sale price of $564,250; while the number of homes sold was the same at 4.

Lower list prices and historically low interest rates make this a great time to move to Stow! Visit http://www.marilynmessenger.com/ to search complete MLS listings with addresses and maps; news and information and market reports for Sudbury, Stow, Maynard, and Weston MA. Facebook users - "like" and search without leaving FB at www.facebook.com/livingwestofboston.


Data source: MLSPIN (Multiple Listing Service Property Information Network.

5,365 Reasons to Stay on the Market During the Holidays!

Having your house on the market during the holidays can be inconvenient and a lot of sellers assume that nothing will happen anyway.

Did you know that last year 65 single-family, condominiums, and multi-family homes in Wayland, Sudbury, Maynard, and Stow went under agreement between November 20, 2009 and January 05, 2010? There were 16 in Wayland, 25 in Sudbury, 11 in Maynard, and 13 in Stow! Statewide in Massachusetts, the total was 5,365! Here are some of the reasons why:


Less competition – a lot of people will take their homes off the market, so buyers will have fewer choices; make your home one of the choices.

Serious buyers – while there may be fewer buyers, the ones who are looking tend to be more serious. Everyone likes to look at houses in the Spring; it’s almost like entertainment for some. At this time of year people are busy and the daylight hours are shorter. People who are taking the time to look are serious.

Taxes - Many buyers want to close by year-end for tax purposes and it is still possible; they are ready to move, so you can get it done quickly and move on.

Things to celebrate – people get engaged over the holidays, get bonuses, etc. so they have good reasons to buy.

Job Relocation – this is when a lot of people who are coming to the area to start jobs in the new year come to buy – Massachusetts unemployment is down and companies are hiring again. If they have school children they can make their move during the school vacation get settled for second semester rather than starting in the middle.

Family and friends. People who are thinking about moving back to the area come “home” to visit family and friends and go out to look at houses while they’re here.

Sellers become buyers. If you’re buying another home, you can take advantage of opportunities to purchase from another serious seller, year-end tax breaks etc.

Momentum. Taking your home off the market breaks the marketing momentum. Someone who likes your house online may be waiting until they get their bonus, or job confirmation, holiday gift. If your house disappears from the market, they will buy something else.

Houses do sell over the holidays - 65 in just four towns last year!If your house is priced properly and you keep it on the market, yours may be one of them. Happy Holidays!

Date source: MLSPIN (Multiple Listing Service Property Information Network)

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You Have the Right to Remain Silent.. Anything You Say..."

Anyone who has ever watched a crime show on TV can finish that sentence. We all know about Miranda rights when someone gets arrested. Hopefully, no one reading this blog will ever have to hear those words but there is a good chance that you or someone you know will at some point talk to a real estate agent or broker about buying or selling a home.

If you are like most people, you don’t think about “rights” or “relationships” when you contact a real estate agent; you just want information about a property or a town or about financing. The agent will ask questions about where you live, where you work, when you need to move, how much money you make, your source for financing, how much you want to spend on a property… all kinds of personal and financial information that you would want to have kept confidential; and certainly not shared when you want to win a negotiation.

Now this is not legal advice (you need a lawyer for that), just a heads up for buyers and sellers that in Massachusetts whenever a consumer asks a real estate licensee to discuss a particular property, the licensee must disclose in writing whose interests the licensees represent, the buyer or the seller, or both. Without such a warning consumers can make tactical mistakes in negotiating the best possible deal, such as disclosing their bottom line price to a real estate licensee who is actually the seller's representative..."anything you say can and will be used agains you..." How about a seller asking for advice about pricing their property; what if that agent represents a buyer who may have an interest... who does that agent work for?

A recent investigation by Patrick-Murray Administration's Division of Professional Licensure shows real estate licensees regularly fail to disclose whose interests they represent. Investigators found 94 percent of licensees checked were not in compliance in Boston. Pairs of investigators from the Division of Professional Licensure, posing as consumers, visited 200 real estate offices throughout Massachusetts and found that in only 12 instances, or 6 percent of the time, real estate licensees properly disclosed to consumers whose interests they represent.

Have you contacted a real estate agent lately…did they provide the Mandatory Licensee-Consumer Relationship Disclosure form for you to sign?

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Market Reports - Weston, Wayland, Sudbury, Maynard, Stow

Wayland Real Estate Market - October Sales Up; Current Pendings Down

Welcome to the real estate market conditions report for Wayland MA for November 2010.


Overall, there are more single family homes for sale in Wayland than there were one year ago - 85 compared to 79, however, a closer look shows that in many price ranges there are actually fewer available. The price range with the largest decrease is $600,000 to $699,900 - last year at this time there were 11 homes for sale; currently there are only 7. The range with the highest increase is $250,000 to $299,000 - there are 10 compared to only 1 last year. Many of the homes that range are either short sale or banked-owned properties.

Eight of the "active" listings have offers accepted and are being shown until contingencies have been met. Additionally, there are 7 single-family homes with sales pending; there were 16 sales pending one month ago. Pending sales indicate recent activity.

List prices in Wayland range from $179,000 to $4,795,000. The median list price is $719,000; last year at this time it was $639,000. The average list price is $956,309 compared with $1,059,493 last year. Average time on the market for current listings is 199 days; a year ago it was 210 days.

The number of closed sales during the month of October was up; 15 compared with 11 sales last year. The median sale price was $500,000 up from $472,500 last year; while the average of $488,850 was lower than during October 2009 when it was $532,986. Year-to-date, the number of single family homes sold sales was up over 2009 - 119 in 2010; 105 in 2009, and there was no significant change in median and average sale prices.

While median and average prices are helpful information, the market value of any property depends on the supply and demand which can vary greatly for each price range. It is important to understand your specific market when determining the list price that will attract the highest number of buyers; or if you are a buyer trying to determine what you are willing to pay.

For anyone looking for easy living, there are excellent opportunities in Wayland. There are 28 condominiums, including duplex and townhouse styles with prices ranging from $319,500 to $985,000. There are 3 condominiums with offers accepted; and 1 sale pending. There were 2 closed sales for condominiums during October.



Visit www.marilynmessenger.com to search complete MLS listings with addresses and maps; news and information and market reports for Sudbury, Stow, Maynard, and Weston MA.

Data source: MLSPIN (Multiple Listing Service Property Information Network)

Sudbury Housing Market - Closed Sales Up!

Welcome to the Sudbury MA real estate market conditions report for July 2010.

Overall there are 143 single family homes for sale in Sudbury; 3 less than there were last year at this time. $1,000,000 to $1,499,999 is still the range with the most houses - 33 up from 30 a year ago. The price ranges with the highest increase in inventory are $700,000 to $799,999 - there are 21, up from 11 last year; and there are 15 between $600,000 and $699,999 - compared with 6 last year. The range with the largest decline is $400,000 to $499,999 - only 3 compared with 10 at this time last year.

Recent activity shows there are 19 properties with accepted offers that are still considered "active" listings and are being shown for backup offers until contingencies are met. There are 17 with sales pending.

Current list prices for single family homes range from $199,000 to $3,195,000; the median price is $849,000, down from $879,000 last year. The average list price is $1,009,924, down from $1,118,234 last year at this time. Average time on the market is 171 days; last year it was 168 days. As with inventory, time on the market varies by price ranges.

As anticipated, June was a busy month for single family closed sales in Sudbury. There were 30 compared with 24 for the previous June. The median sales price during June 2010 was $622,500; up from $613,750 in June 2009. The average was $651,113; approximately $40,000 less than last June's average. The average time on the market was 100 days compared with 130 days for closed sales in June 2009.

There were also 5 condominium/townhome sales in June 2010 compared with only 2 during June 2009. The median sale price was $540,000; the average was $497,417.

Visit www.MarilynMessenger.com for complete MLS listings with addresses & maps; the latest market conditions reports for Sudbury, Wayland, Weston, Maynard and Stow MA; news and information to help you plan your next move.

*Data source: MLSPIN (Multiple Listing Property Information Network

Is Condo Living Right For You?

Condominium living has lots of benefits for the right person. Generally, you can get more living space for the same price as a single-family home, developments tend to be newer, and many offer amenities such as swimming pools, tennis courts, etc. that you probably wouldn’t have as a single-family home-owner. Exterior maintenance is taken care of by the homeowner association so you don’t have to be concerned about painting, landscaping, snow plowing, etc. If your roof leaks, just call the association.

If you’re someone who just wants easy living and convenience and you don’t mind paying a fee each month and letting other people make decisions for you and maybe giving up some personal freedoms for the greater good, it’s a great lifestyle! Just pay the fee, follow the rules, and forget about it…

So, what’s not to like? Well, if you like to be in control about how and when things happen, then you may not like it when the trustees of the association don’t respond to your requests right away. Or maybe your roof is going to be replaced in two years so they’ll only do a patch job for now. Or maybe you want Aunt Mary to visit next summer and park her trailer on the property. Or you want to leave your cat run free, or decorate for the holidays … the list goes on. You may not think the rules don’t matter and “Aunt Mary’s only staying for the weekend” no big deal, right! Unless lots of people are having guests with trailers all summer – what’s that going to look like? How do you feel about paying for repairs that really don’t directly benefit you… condo owners share everything – amenities as well as costly repairs.

I think you get what I mean… When purchasing a home, it’s important to think about how you want to live, not just what’s the biggest, newest place you can afford.

If you are looking for easy living, these two townhouse units at Deer Hedge Run and Oak Ridge in Maynard MA 01754 (22 miles west of Boston) can’t be beat!

Find your next home at www.marilynmessenger.com - complete MLS listings with addresses and maps, new and information to help you plan your move.

Sudbury Real Estate Market Conditions 1/15/07

Welcome to the Sudbury Real Estate market conditions report:The Sudbury MA real estate market is still doing better than what most of the headlines are saying. The good news for homeowners/sellers is that the number of homes sold Sudbury during 2007 increased by 17.6%! The not so good news is that prices were down, but not substantially when compared with other investments during 2007. The median sale...more

Visit http://www.marilynmessenger.com/ for the latest real estate market conditions for Sudbury, Wayland, Weston, Maynard, and Hudson... complete MLS listings, real estate news and information.

Home for the Holidays – Smart, Serious Buyers Buy Now!

Contrary to popular belief, holiday time can be a great time to be in the market for real estate. I’ve always said that smart buyers come out at Thanksgiving! In any market, there are many good reasons for this. Here are just a few:

1. Time to look. Companies give shopping days at this time of year – why not shop for a new home? Even if your ... More...

Find your next home at http://www.marilynmessenger.com or drop a note to marilynmessenger@realtor.com for advice from your local area expert in Sudbury, Maynard, Wayland, Weston, Hudson and west of Boston MA.

Real Estate - Wayland (MA) Market Looking Up!

Here are the current market conditions for Wayland Massachusetts: Good news for home-owners in Wayland -- the number of homes sold for the 3-months ending 11/05 is up from the same period last year – 45 sold up from 38. Both the median and average sale price was up ... more...

Get the latest market reports for Wayland, Sudbury, Maynard, Weston, and Hudson MA at http://www.marilynmessenger.com/. Get everything you need from a local area expert to start planning you next move.

Real Estate Market Conditions - Mayard MA

Here are the current real estate market conditions in Maynard Massachusetts: Compared with last year at this time, the number of homes for sale in Maynard is up; median and averages list price are down, and time on the market is up. All of which is good news for people looking for home-ownership opportunities west of Boston.

Currently, there are 52 single-family homes for sale, up from 46 one year ago. List prices range from $240,000 for a 2 bedroom, 1 bath Colonial style home that needs TLC, to $569,900 for a 9 room, 4 bedroom, 2.5 bath Colonial on a cul-de-sac. The median and average list price is almost the same. $379,000 is the median; $379,733 is the average. Last year at this time, the median list price was $389,900; the average list price was $387,291.

Even with lower asking prices, homes in Maynard are staying on the market more than twice as long as one year ago – 101 days vs. 47, indicating that prices may not have adjusted enough for buyers to step up. We’ve all been hearing about how the sub-prime mortgage market is affecting the overall market especially first-time home buyers with small down-payments. While Maynard has excellent opportunities for this segment of the home-buyers, the tighter mortgage market is starting to take its toll.

Maynard also has some excellent condo/townhouse opportunities including the established communities at Deer Hedge Run, Apple Ridge and Oak Ridge where list prices range from $279,900 to $319,000. As is the case with single-family homes, there are more available 31 vs. 27 last year and market time is up substantially to 169 days from 104 on 5/10/06. However, both median and average list prices are up. Sellers need to adjust their thinking if they want to sell.

Often referred to as ‘the Harvard Square of metrowest” Maynard has lots to offer. With diverse home-styles and settings as well as an active downtown with shops, restaurants, a movie theatre, community theatre, space for artisans, a new library, and a country club there's something just about everyone in Maynard.

To find out what homes are available in Maynard and the nearby towns west of Boston, visit www.marilynmessenger.com your on-line source for real estate listings, news and information or call Marilyn Messenger at 508-596-3501 for personal real estate services.

*Data source; MLSPIN (Multiple Listing Service