It could have sold in 2005 for.... Move-up buyers do the math ... less can be more sometimes!! - 04/24/09 01:58 PM
Move-up buyers/sellers have a hard time letting go of what there house might have been worth in 2005 when the single family market was at its peak.  Sellers will say "I will wait until my house is worth X amount again".  But don't forget, that means the property on the other end will be worth X amount more also
I searched the the Massachusetts MLS in Tewksbury MA and found 2 houses that sold approx. the same time in 2004 and the same time in 2009.  This is a real life example!!  Let's take a look at why this may make … (0 comments)

Billerica Massachusetts Real Estate Statistics Q1 2009 - 04/23/09 01:57 PM
Billerica Massachusetts Real Estate Statistics Q1 2009 Compared to the same quarter as last year
 
Billerica Massachusetts Single Family Home Statistics
Single Family Homes Sold:     2009- 37      2008- 56
Average Days on Market:     2009- 148      2008- 176
Median Home Price:      2009-  $300,000      2008- $325,950

Billerica Condos Condominiums and Townhouses
Condos Sold:      2009-  7      2008-  13
Average Days on Market:     2009-  295     2008- 191
Median Conominium Price:  2009- $234,900      2008-  $149,750
 
View all of Billerica Massachusetts Single Family Homes for Sale
View all of Billerica Massachusetts Condos Condominiums and Townhouses for Sale
 
 
… (0 comments)

Create your own tags cloud for any site or blog - 04/23/09 10:11 AM

I ran across this new tool from Quintura.  It generates a tag cloud for any site or blog. 
Unfortunately I could not embedd the cloud here so I have a link to my tag cloud page. Link What I like about it is it list every page that has the content that is clicked on.  I still need to clean up the tags a little but it seems like an interesting tool.
It also lets you create a mini cloud so you can place on your home page or pretty much anywhere.  It also buts your results in the Quintura … (2 comments)

Move over Microsoft- Office Suite on a $0 Budget - 04/21/09 01:43 PM
As an office owner, new agents or part time agents struggle to spend the money on the Microsoft Office Suite which can run upwards of $400- 500 dollars.  Some must haves for a real estate agent are:
Microsoft Outlook Microsoft Word The other programs I highly recommend are:
Microsoft Excel Microsoft Publisher Microsoft Power Point For the agents on a budget I have compiled a list of alternative programs that can duplicate what the Microsoft Office has to offer. 
The first program is OpenOffice an open source office productivity suite.  It's free and totally legal for you to use.  It … (7 comments)

Buying a Bank Owned Home - 04/21/09 09:03 AM
Great article if you are focused on buying a foreclosed home.
Via Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty):
                                                                                                                                                     
In a recent article I wrote about buying a foreclosed home or potential foreclosure property, I discussed the various ways in which you could obtain ownership of a foreclosure. Here is a quick summary of the three scenarios:
A pre-foreclosure where you buy directly from the home owner before the bank takes over. At an auction where you may be in competition with other buyers. From a Real Estate company or the bank itself. This is known as an REO … (1 comments)

Absorption Rate Spreadsheet... Just Ask - 04/17/09 08:21 PM

There has recently been a few articles recently on absorption rate.  I have created this spread sheet to highlight the absorption rate by price range in a community and highlight a prospective sellers price bracket.  I am happy to share this spread sheet, just leave your email address in the comments and I will email to you.  All I ask is if you make any improvements pass it on!! 
I find showing the absorption rate and more importantly the months supply currently on the market, it sinks in with sellers that there house might not sell tommorow.  It also highlights … (26 comments)

Massachusetts Foreclosure Assistance- Free Counseling - 04/14/09 09:58 AM
I have just posted a great list of non-profit organizations that offer free foreclosure counseling for homeowners in trouble. Your foreclosure counselor will meet with you and discuss the best options for your given situation.  These are non-profit organizations and the help is free.  You have options...don't let the bank take your home!!
List of Massachusetts Foreclosure Counseling by Town.
Other resources 
 
 
 
____________________________________________________________________________________
This post "Massachusetts Foreclosure Assistance- Free Counseling" wasprovided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.
Kevin Vitali specializes … (0 comments)

Market Statistics for Lowell Massachusetts Q1 2009 - 04/13/09 01:30 PM
 
Market Statistics for Lowell Massachusetts Q1 2009
 
Single Family Homes
Single Family Homes Sold: 75    
Average List Price: $194,988    
Average Sale Price: $184,445    
Average Market Time: 110.19

Condos, Condominiums and Townhouses
Condominium Listings Sold: 46    
Average List Price: $114,030    
Average Sale Price: $107,802    
Average Market Time: 129.13    
Average Price per Square Foot: $282
 
Multi Family Homes
Multi-Family Listings: 52    
Average List Price: $162,713    
Average Sale Price: $153,192    
Average Market Time: 91.21
 
The market seems to be stabilizing.  Market times are down and there is less inventory.  Multi … (0 comments)

RSS Feed Question... Please help!! - 04/13/09 09:51 AM
I wanted to sort out particuliar articles from my blog to post to my site.  For example, I wanted to highlight articles for sellers on the page http://activerain.com/blogs/kvitali/tags/seller. I wanted to be able to post on one of my sellers pages on my website.  Does anyone have any advice on how to accomplish this?
 
 

… (1 comments)

Scent of a sale at The Wall Street Journal - Scent Seekers - 04/07/09 08:22 AM
 
Margaret is a great home stage filled with energy and she loves her job.... Here's a recent post of hers:
 
Via Margaret Innis & The Decorate To Sell Team (Decorate To Sell, LLC ):
Today's issue of the Wall Streedt Journal (2/03/09) tackles the question:
Is the Scent of Moroccan Bazaar too edgy for American Homes, by Ellen Byron www.wsj.com
Does fragrance mean clean?  Stagers have been working that for years! 
Dobs, our Brittany Spaniel, wondered that too!                                           
Proctor & Gamble Manager  Scott Beal believes that "Your home could look clean, but if there is an absence of scent, you don't really … (0 comments)

Price to Sell- or pay the price later.... - 04/07/09 07:52 AM
Pricing your home properly is the single most important aspect of selling your home.  No amount of marketing in the world will sell an overpriced home.  It is very important to know what the Fair Market Value (FMV) of your home is for that period of time.  Fair Market Value is dynamic and always moving.  FMV of your home 4 years ago was much different than it is today.
Fair Market Value is the price agreed upon and in which the money and property exchanges hands between a buyer and seller. Fair market Value is a price in which the general … (5 comments)

Real Estate Market Update- Tewksbury Massachusetts, Q1 2009 - 04/06/09 03:56 PM
Tewksbury Massachusetts has remained fairly stable from last quarter.  Though prices have remaind the same days on market are starting to become less and less.  This maybe the year the market flattens out.  What the future holds, nobody really knows.
 
Number of Units Sold -  28 Average days on Market - 83 Median Sales Price - $309,900 Average Sale Price - $315,664 Low Price - $173,800 High Price - $549,900 Sold to List Price - 96.7% Number of Units Active - 51 Number of Units Expired - 12 Condominium Units Sold in Tewksbury Q1 2009
Number of Units Sold - … (0 comments)

Massachusetts provides workshops for Homeowner to Avoid Foreclosure - 04/02/09 09:24 AM
A little last minute, but worth making if you are a Massachusetts residence in danger of losing your house to foreclosure. The workshops are run by the State as part of Governor Patrick Deval's solution to our foreclosure crisis.
Friday, April 3, 2009 2:00 p.m. - 8:00 p.m. Registration closes at 7:00 pm The Conference Center at Massasoit 770 Crescent Street Brockton, MA 02302
April 2, 2009 2:00pm - 8pm Registration Closes at 7pm Double Tree Hotel 50 Warren Street Lowell MA 01852
 
 
check out http://mass.gov/foreclosure for more information
 
 
This post was provided by Kevin Vitali of … (1 comments)

 
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Kevin Vitali- Helping Massachusetts Home Buyers and Home Sellers

Tewksbury, MA

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EXIT Realty- Massachusetts Short Sales & Residential Sale

Address: Essex County, Middlesex County, Merrimack Valley, Tewksbury , MA, 01876

Office Phone: (978) 851-3600

Cell Phone: (978) 360-0422

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