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the coldwell banker guy: Real Estate: A Bumpy Road Ahead? - 05/19/10 01:31 PM
Imagine if we only had a crystal ball. Our major financial and life decisions would be so simple to make, and there would be no risk and no worries. Unfortunately, we do not have that luxury. Our decisions must be made upon solid data and information.Over the past year, you may have heard a repeated message; now is a good time to buy. From the data we have, we do in fact know that it is a buyer's market, and a good one. A wide variety of inventory is available, and interest rates are still low, making this an unprecedented time … (0 comments)
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the coldwell banker guy: Use Your Cell Phone to Scan Information - 01/24/10 09:10 AM
We've all seen the bar codes that are used everywhere from grocery stores to department stores, from supply houses to small businesses. They are featured on nearly every product you buy.Well...get ready for a new bar code called a QR code (Quick Response) that is going to begin having a huge impact on business information and how it is delivered to you via your cell phone in the coming year.While conventional bar codes are capable of storing a maximum of approximately 20 digits, QR code is capable of handling several hundred times more information.
Expect to see QR codes in … (9 comments)
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the coldwell banker guy: Jay's Annual 10 Predictions for the New Year - 01/02/10 03:37 PM
There are a lot of sighs of relief now that 2009 is past, particularly coming from the real estate industry.But will 2010 be any better?I have just dusted off my crystal ball... and I can now offer my annual 10 predictions for real estate in the coming year:1. The residential housing market will pick up early this year, but will dip again after mid-year.2. Short sales will increase and foreclosure inventory will continue to rise.3. Mortgage rates will rise and settle in around 6%+/-.4. Appraisal guidelines will tighten and mortgage lenders will require stellar credit from buyers.5. A lot of prospective … (7 comments)
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the coldwell banker guy: Is There a Limit to Home Prices? - 07/21/09 08:28 AM
Do you have plans to buy a home soon? If so, has it occurred to you that some of the homes you inspect may be overpriced? They may be priced too high for the market. How would you recognize that kind of situation? Should you assume that all houses are overpriced and make low offers on all of them until one is accepted? Relax. There's a way to assure yourself of becoming a satisfied homeowner without taking the risk of paying too much. Consider for a moment how prices are set on the homes you will be seeing.Some prices are arrived … (1 comments)
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the coldwell banker guy: Stop The Addiction To Overrides in Hamilton & Wenham, MA - 02/24/09 01:24 PM
It is time to put an end to the Proposition 2 1/2 overrides in Hamilton and Wenham, Massachusetts. When Prop 2 1/2 was enacted in 1980 it had provisions to allow towns to pass overrides, but those overrides were intended for emergency purposes. Overrides were not intended to be used to subsidize school funding on an annual basis as has become the norm in our two towns. If override supporters in Hamilton and Wenham believe that "emergencies" have existed in our towns for 10 out of the past 11 years, then the answer lies with a broken system that obviously … (2 comments)
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the coldwell banker guy: Introducing REMV...Not Heard of It Yet?...You will! - 01/20/09 01:27 PM
REMV, or Real Estate Music Video, is the newest and hottest way of video marketing homes. Like the music videos you see on TV and Youtube, this application can range from hard-hitting impact marketing, to soft (think James Taylor) and smooth video marketing.To give you an idea of what an REMV can look like, here's a sample:
http://www.youtube.com/watch?v=spj8xa9lIGA&fmt=18If you think this marketing application is cool, you should see what you can do with a single property REMV. A key component to creating this kind of video is looking at your photography in a different way. It's no longer just about posting … (3 comments)
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the coldwell banker guy: The Complete 2008 Massachusetts North Shore Real Estate Market Update - 01/04/09 10:13 AM
Hot off the "Actual Statistics" press, it is now time for my Complete 2008 Report of how the real estate market fared in my area of the country - the Massachusetts North Shore, north of Boston. The area of observation consists of 22 towns on the North Shore and considers only SINGLE FAMILY homes for comparison.So how did we do in December and thus far this year? In December, 145 single family homes came on the market on the North Shore and 148 homes went under contract. That marks the first time in 12 months that more homes SOLD in a … (0 comments)
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the coldwell banker guy: You HAD To See It Coming! So Where's It going? News Headlines Say It All. - 10/09/08 08:52 AM
The following are The Boston Globe Newspaper's real estate headlines for the past six months...all of them (good or bad). You determine for yourself what kind of a market we continue to experience.
THE BOSTON GLOBE
October, '08: Pending home sales rise in August - More buyers are drawn to market by low-priced foreclosure properties"Some pending home sales may not close because banks are reluctant to lend as property values keep sinking and foreclosures mount."
September, '08: Mass. Home prices, sales fall further"Economics professor Karl Case said he has scrapped his latest forecast for a housing recovery in early 2009 because of the … (0 comments)
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the coldwell banker guy: Wenham & Hamilton Residents Form "Enough Is Enough" Committee - 08/10/08 12:15 PM
A large, and growing group of residents from the Massachusetts towns of Hamilton and Wenham have recently formed a Political Action Committee under the name ENOUGH IS ENOUGH (EIE).
Six weeks before the town elections in Hamilton and Wenham in May 2008, Jim Kent, a Hamilton resident, wrote a letter to the editors of the Hamilton/Wenham Chronical and the Salem News asking for citizen participation in a group aimed at defeating the $1.8 million school funding override. A group got together and decided to call themselves "Enough is Enough", a battle cry to stop the budget busting pending override.
It was an … (0 comments)
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the coldwell banker guy: Hamilton/Wenham Residents Form "Enough Is Enough" Committee - 08/10/08 12:08 PM
A large, and growing group of residents from the Massachusetts towns of Hamilton and Wenham have recently formed a Political Action Committee under the name ENOUGH IS ENOUGH (EIE).
Six weeks before the town elections in Hamilton and Wenham in May 2008, Jim Kent, a Hamilton resident, wrote a letter to the editors of the Hamilton/Wenham Chronical and the Salem News asking for citizen participation in a group aimed at defeating the $1.8 million school funding override. A group got together and decided to call themselves "Enough is Enough", a battle cry to stop the budget busting pending override.
It was an … (0 comments)
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the coldwell banker guy: Realtor Seques Into Sales - 07/16/08 07:28 AM
"As I token of appreciation for your business, I am pleased to present you with a brand new SEGWAY."...Jay Burnham, Coldwell Banker, Beverly, MA
A what?
That was likely the reaction of many homeowners when told they would receive a Segway if they sold a home with Realtor Jay Burnham.
A Segway is an electrically powered, two-wheel, single-person vehicle in which the riders stands and steers via handle bars.
The first home sellers to complete a sale as part of the promotion went home with their new Segway - worth $5,850 - on Friday.
David and Sheila Eddison sold their Topsfield … (4 comments)
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the coldwell banker guy: March Market Update: Massachusetts North Shore Housing Trends - 03/08/08 02:28 PM
In January of 2007, I wrote a blog entitled "Knowing Exactly When the Market will Change" that received many comments, replies and supportive feedback. In that blog, I stated that it is my belief that as soon as we have 3 consecutive months when more inventory is going off (under contract) than is coming on (new listings) we can once again expect to experience an appreciating market.
Hot off the "Actual Statistics" press, it is now time for my March update (February 2008 statistics) of how the real estate market is faring in my area of the country - the Massachusetts North … (3 comments)
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the coldwell banker guy: 2007 - Full Year Market Update, Month-to-Month - 01/11/08 10:07 AM
In January, 2007, I wrote a blog entitled "Knowing Exactly When the Market will Change" that received many comments, replies and supportive feedback. In that blog, I stated that I felt that as soon as we have 3 consecutive months when more inventory is going off (under contract) than is coming on (new listings) we can expect to once again experience an appreciating market.Hot off the "Actual Statistics" press, it is now time for my January update (December, 2007 statistics) of how the real estate market is faring in my area of the country - the Massachusetts North Shore, north of … (3 comments)
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Jay Burnham - The Coldwell Banker Guy
Beverly,
MA
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Coldwell Banker
Office Phone: (978) 233-2828
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