plymouth county: A 1% rise in interest rates will make your mortgage 12% more expensive
- 01/15/14 01:01 AM
Many economists and market watchers are predicting that interest rates will rise in 2014. Generally, the consensus estimate seems to be that the average mortgage rate will increase from about 4.5% now to about 5.%% by the end of the year. If it happens, that 1% rise would raise the monthly payment on a mortgage by over 12%. The same increase, 1% higher than current levels, cuts your purchasing power - the size of the house you can afford to buy - by 10%. Mortgage interest rates are trading around 4 1/2% At 4.5%, the monthly payment per $100,000 of principal loan amount … (23 comments)
plymouth county: Homes sold in Hingham - 2013
- 01/14/14 02:21 AM
Hingham had a solid year, with relatively quick sales at prices similar to 2012. For all of 2013, the average price per square foot paid for a Hingham home is up about 4% from 2012 at $313, but since the average house is slightly smaller, the average price paid has been steady. 262 single-family homes sold in 2013 up from 256 in 2012 if you'd like a list of all the 2013 sales, please write me here The current list of homes for sale in Hingham can be found at Hingham homes for sale For all of 2013, the AVERAGE SALES price was $768,000 up from $763,000 in … (2 comments)
plymouth county: Homes sold in Hingham - December 2013
- 01/13/14 03:48 AM
Hingham cleared out the inventory in December! Most of the homes that had been contingent or under agreement in the prior month were sold, only four homes came on the market, and 19 homes sold in December. With just four sales above $1 million, the averages are down a bit, but homes are selling very fast and for most of their asking prices. Contrast this with the market last month, during which sellers took significant price concessions to make the transactions happen. Sellers this month didn't make significant concessions, so these homes were priced properly from the beginning. Sellers whose homes have been … (3 comments)
plymouth county: South Shore condo sales - 2013
- 01/09/14 04:55 AM
The number of sales of South Shore, Massachusetts, condos is up 31% year-over-year. This report covers 2013 condominium sales in the towns of Cohasset, Duxbury, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth and Scituate The condo market is healthy and attractive to buyers. Square footage, average sales prices and price per square foot were up from 2012 to 2013. The number of days listings stay on the market before selling is down. Condos are selling in all price ranges, and they are selling for 96% of their original asking price, up from 94% last year. That is a signal that proper pricing is crucial to completing … (9 comments)
plymouth county: Luxury Homes Sold on the South Shore - 2013
- 01/07/14 05:33 AM
The luxury sector represents the top 10% of homes by price in the South Shore Massachusetts real estate market: homes with a sales price of $1.25 million or more.
The South Shore luxury homes sector is up 26% year-over-year, based on the number of sales. Square footage, average sales prices and price per square foot were up from 2012 to 2013. The number of days listings stay on the market before selling is down. The sector is healthy and attractive to buyers. 97, including one auction, sold in 2013 77 sold in 2012 A detailed list of 2013 transactions appears below … (8 comments)
The luxury homes sector is up 26% year-over-year, based on the number of sales. While the low number of sales is typical of this time of year, the anomalous characteristics of any single sale can have an exaggerated effect on the averages, rendering the monthly comparison with the longer term less useful. In particular, one $6.75 million sale pulled up the averages for the other four sales, which were all between … (4 comments)
plymouth county: Duxbury 2013 home sales summary
- 01/05/14 06:14 AM
232 single-family homes sold in Duxbury in 2013 a list with details about each sale appears below if you'd like a printed list of all the sales in 2013, please write me here 30 homes sold for more than $1 million That's 13% of all sales Homes sold quickly spending only 85 days on the market, on average Homes sold for 93% of their original asking price and 97% of their last listing price There are some lovely homes available in Duxbury right now The listings can be found at Duxbury homes for sale The AVERAGE SALES price was $696,000 LISTING price was $726,000 ORIGINAL price was $745,000 AGE is 54 … (5 comments)
plymouth county: Homes sold in Duxbury - December 2013
- 01/03/14 11:33 PM
This report summarizes the home sales in Duxbury for December 2013 One homes sold for $6.75 million in December, pulling the average sale price over $1 million for the month. The median sale price was $550,000. Homes sold quickly and for most of their original asking price in December. There are few properties for sale, and there are prepared buyers in the market, pre-approvals in hand, looking for the right property when it hits the market. 11 single-family homes sold in December down from 17 in November and 23 in December 2012 a list with details about each sale appears below 232 homes sold … (5 comments)
plymouth county: Miramar sledding hill, Duxbury Massachusetts
- 01/03/14 04:00 AM
We've had a bit of a snowstorm here, in case you haven't heard. Some people are saying that, as a storm, it's a bit disappointing even: not really a snow "event"! The sun has poked through here. taking the edge off of the cold. Driveways are getting plowed out, and the snow has stopped. So the kids need to get out of the house! It's a school snow day. Mid-year exam schedules will be scrapped, but that's a worry for tomorrow. Today, it's time to go sledding! Miramar is a religious retreat at the foot of Bay Road. The hill is … (13 comments)
plymouth county: 2013 Homes sales in Halifax, Massachusetts
- 12/24/13 02:50 AM
In 2013, home sales in Halifax, Massachusetts, were similar to sales in 2012 and the past five years. On average, the Halifax real estate market has been very steady, year-over-year, for the past five years. 79 single-family homes sold in Halifax in 2013, after spending an average of 92 days on the market at an average price per square foot of $155. Home prices are up about 4% from 2012, but prices in 2012 were slightly lower than their longer-run average. 2013 prices were only 2% higher than the 5-year average. The average home size, the number of days on the … (9 comments)
plymouth county: South Shore rentals - November 2013
- 12/18/13 05:01 AM
November rentals in the towns of Cohasset, Duxbury, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth and Scituate In the South Shore, Massachusetts, MLS-listed rental market, rents ranged from $890 to $3,750, with an average rent of $1,535 and a median rent of $1,300. The average unit has 4.5 rooms, 2 bedrooms and 1/5 baths. 40 listed properties were rented on the South Shore in November The most expensive are in Hingham, the least expensive, and the highest number of units rented are in Plymouth and Marshfield There are 127 rental listings are available on the South Shore right now The listings can be found by … (8 comments)
plymouth county: I can see by your outfit that you are a cowboy
- 12/15/13 02:44 AM
In the restroom at the tire store in Montrose, Colorado, is a version of this that is at least fifteen years old. It makes me crack up everytime I see it. Happy snowy Sunday!
I love Turning Houses into Homes by helping people like you sell and buy homes on the South Shore Click on a town name to see all the homes for sale in Duxbury, Cohasset, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth and Scituate My business is built on referrals from clients and people like you. If you know of a friend, family member or colleague who is thinking of selling or buying a home, I'd love to … (16 comments)
plymouth county: South Shore condo sales - November 2013
- 12/14/13 10:39 AM
November condominium sales in the towns of Cohasset, Duxbury, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth and Scituate In the South Shore, Massachusetts, condo market, average prices were higher in November because of three million-dollar sales. In the 12 months prior to November, only 13 million-dollar sales had closed. Condos are selling in all price ranges, with sales outpacing new offerings. While the price paid per square foot is about what it has been for the last year, eight of 38 sales were at or above the original asking price, and 23 of the sales were within 5% of the original asking price. Overpricing should … (6 comments)
plymouth county: Homes sold in Norwell - November 2013
- 12/12/13 02:19 AM
In Norwell, Massachusetts, sales have slowed, and last month's average sale price was low compared to the trend. The prices paid per square foot were below trend also. Surging prices this summer have been offset now in the slower winter months. With a small inventory, sellers remain in a strong position, but note that most of the recent sales came from homes that had been on the market for only a few months. Buyers with a pre-approval in hand will be in a good position to act when a properly-priced home they are interested in purchasing comes on the market. 7 single-family homes sold … (9 comments)
plymouth county: Scituate Homes for Sale and Sold - January 2014
- 12/11/13 12:02 AM
Scituate, Massachusetts, home sales were a bit soft, compared to recent averages, last month. Buyers are paying more to buy in Scituate than they were last year, but slightly less on a per-square-foot basis. 11 single-family homes sold in Scituate in January Down from 16 in December and 16 last January A detailed list about each sale appears below The current list of homes available in Scituate is at Scituate homes for sale The AVERAGE SALE price was $519,000 down from $598,000 in December, but up from $459,000 last January LISTING price was $538,000 down from $683,000 in December, but up from $479,000 last January ORIGINAL price was $551,000 down from $708,000 in December, but up from $498,000 … (3 comments)
plymouth county: Homes sold in Hingham - November 2013
- 12/10/13 10:45 AM
In Hingham, the real estate market remains quite warm, with statistics returning to their trend levels after unusual conditions last month. Prices, both sales prices and prices paid per square foot, are up about 10% since last year at this time. Sales are steady. No home that sold was on the market for seven months, and most sold in less than five months. Sellers took significant price concessions from their original prices to make the transactions happen, but they did happen. This is just a generalization and a guess, but it seems as though some sellers are motivated to sell now, … (5 comments)
I love Turning Houses into Homes by helping people like you sell and buy homes on the South Shore Click on a town name to see all the homes for sale in Duxbury, Cohasset, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth and Scituate My business is built on referrals from clients and people like you. If you know of a friend, family member or colleague who is thinking of selling or buying a home, I'd love to help. Please call or write me to arrange an introduction. I will provide professional, courteous service and knowledgeable guidance. Call or text (339) 832-8487 or write me to sell your home, or to … (13 comments)
plymouth county: Luxury Homes Sold on the South Shore - November 2013
- 12/08/13 01:59 AM
The luxury sector represents the top 10% of homes by price in the South Shore Massachusetts real estate market: homes with a list price of $1.25 million or more. The luxury market continues to be moderately busy, especially for mid-winter. With square footage up, and average sales prices steady, the decrease in days on the market points to a favorable market for sellers who are prepared to make a transaction happen. 10 luxury homes sold on the South Shore in November 15 sold in October 7 sold last November A detailed list appears below There are many lovely luxury homes available on the … (5 comments)
plymouth county: Homes sold in Plymouth - November 2013
- 12/07/13 05:07 AM
In Plymouth, Massachusetts, sales are steady compared to last November, but prices and the number of sales have risen slightly year-over-year. While November's data shows higher-than-average monthly increases, but when we look over a few more months of data, prices would seem to be up about 5% or so, year-over-year, and the number of sales is up by about the same percentage. Quite a few homes are selling for more than $200 per square foot. There are few bidding wars, and no full price sales, but homes are selling steadily and fairly quickly overall. The number of homes for sale … (4 comments)
Write me to sell your home, or to see any home for sale on the South Shore
My business is built on referrals from clients and people like you. If you know of a friend, family member or colleague who is thinking of selling or buying a home, I'd love to help.
Please call or text (339) 832-8487, or write me to arrange an introduction. I will provide professional, courteous service and knowledgeable guidance.
Many economists and market watchers are predicting that interest rates will rise in 2014. Generally, the consensus estimate seems to be that the average mortgage rate will increase from about 4.5% now to about 5.%% by the end of the year.
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