Buying and Selling a home in the Greater Boston Area

Selling a Home in Massachusetts? The Market is Back!

Posted by Karen Lilley on Mon, Apr 30, 2012

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Topics: Watertown MA Real Estate, Cambridge MA real estate, Arlington MA Real Estate, Medford MA Real Estate, Belmont MA Real Estate, MA Real Estate, selling your home, Winchester MA Real Estate

Avenue 3's Short Sales Tips for Watertown MA Real Estate

Posted by Avenue 3 Real Estate on Thu, Apr 26, 2012

The terms short sales, foreclosures, and REO or bank owned properties were real estate terms rarely heard a decade ago. Back then they were associated with the occasional mortgage fraud or personal financial tragedy.  We know how times have changed and that the circumstances properties are sold short, are foreclosed upon and possessed by banks are the result of many mitigating factors; predatory lending, a major recession, and job losses, to name a few.

With all the hoopla in the news, one would think that every community was overwhelmed with distressed properties. Times have been tough for a lot of people since the financial crisis of 2008, but fortunately there are fighters and survivors. Many Greater Boston area cities and towns escaped the devastation that depressed property values and blighted neighborhoods. In fact, a look at the data for Watertown MA from MLSPIN, the regional multiple listing service, reveals that the numbers were modest for the 12 months ending 4/15/12. From a total of 301 sold properties, only 14 were either short sales or bank owned properties; 2 single family homes, 8 condos and 4 multi-families.That that's a skinny number!

That's good news for Watertown MA Real Estate home owners but maybe not for those looking to "get a deal".  For those buyers who want to live in a stable and vibrant community moving to Watertown is a thumbs-up for them!
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Topics: Watertown MA Real Estate, Property Search, buying a home, buying a condo, Watertown MA, short sales

Sunday Open Houses Watertown MA Real Estate- April 15

Posted by Avenue 3 Real Estate on Thu, Apr 12, 2012

 

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Topics: Watertown MA Real Estate, open houses, single family homes, MA Real Estate, Property Search, condos, Watertown MA

Avenue 3 Week in Review: Pending Sales and Watertown MA Real Estate

Posted by Avenue 3 Real Estate on Wed, Apr 11, 2012

APRIL 10, 2012
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Topics: Watertown MA Real Estate, open houses, Single-family home, condos, pending sales, Multi-Family Homes, Watertown MA

Rent vs Buy: Watertown MA Real Estate & last week's pending sales!

Posted by Avenue 3 Real Estate on Thu, Mar 8, 2012

 

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Topics: Watertown MA Real Estate, rent vs. buy, condos, pending sales, buying a condo, Greater Boston Communities, Watertown MA

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