John P. Wells' Blog

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Services for Real Estate Pros - Wellsco Realtors LLC
RECENT BLOG POSTS
Newburyport has an exciting future ahead of it, no question.  There is a substantial amount of real estate on the waterfront that is slated for development, changing it from stagnant boatyards to a thriving part of the City.   Hopefully it will continue to evolve into one of the most tastefully r...
01/07/2010
Amesbury has come a long way from its colorful past as a carriage building, hat producing mill town on the Merrimac, to a sad and run-down period as recent as the mid 90's, to the vibrant and glowing community it is today.  Its future shows a lot of promise.   Amesbury is at the crossroads of Rte...
01/07/2010
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MARKET RECAP It hasn't officially been declared over, but it's becoming apparent the economy has emerged from its longest recession in decades. A string of stronger-than-expected data releases has prompted many economists to boost their fourth-quarter forecasts, with most estimates calling for a...
12/28/2009
Newburyport in 2009 was a stable, if somewhat slow market.   These are the sales statistics for single family homes and condominiums.     Price Range # ofListings Avg. Dayson Market AverageSale Price   AverageList Price SP:LPRatio AverageOrig Price SP:OPRatio $0 - $49,999 0 0 $0   $0 0 $0 0 $50,0...
12/17/2009
Newburyport has changed.  It has become a thriving town with its industrial park, medical facilities and small businesses.  Downtown shops of the 70's and 80's have given way to local entrepreneurs who saw opportunities in our growing tourism economy.   Like a mall has to carefully select the rig...
10/18/2009
The basic story here is that the CVS in downtown Newburyport has taken over some neighboring leases to expand.  One of the lessees that has to leave is the White Hen Pantry.   The White Hen came to this location 20 years ago, under protest from the neighbors.  Now the White Hen is being forced to...
09/21/2009
There is a website out there that would have Realtors post their information and consumers write opinions.  Great idea.  Too bad this one has no management. Several years ago I posted my information there.   Two years ago I changed to another brokerage.  I wanted to change my data but can't find ...
08/23/2009
    Trapped and feeling empty.  How many of us go through our lives that way?  It seems I managed to throw away most of mine in the belief that money and possessions would bring joy and contentment.  For sure, that is the crock that our consumption-focused society would have us adhere to.   I sta...
08/10/2009
Update:  The Economy and The Real Estate Market   It's so hard to figure out what to believe and how to evaluate all the information we get.  It's usually better to put together lots of little pieces of news to get an idea of what's really happening than to draw your conclusion from any of the bi...
08/10/2009
For First Time Home Buyers, It Keeps Getting Better   I guess everyone knows about the first time home buyer tax credit:  Up to $8,000 if you haven't owned a home for three years and buy one before Dec. 1, 2009.   Now both MA Housing and NH Housing have come up with great programs, lending buyers...
08/10/2009
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John P. Wells

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Topics range from John's experience and helpful hints about buying and selling real estate to events and issues concerning his home town of Newburyport. John covers zoning and land use issues as well as conservation, and includes useful information about North Shore MA nd Coastal NH communities and markets. John received the SFR (short sale and foreclosure resource specialist)from the National Association of Realtors.