watertown: Know Your Market: Watertown, MA Market Statistics - 11/14/09 01:24 AM
In an effort to stay "on top of" the real estate market in Watertown, MA we weekly pull market statistics for single families, condominiums and multi family homes. We make an effort to share this data with our clients and the internet users, so that we can help educate potential buyers and sellers about the realities in the Watertown, MA real estate market.

SINGLE FAMILY HOMES
Year-to-date single family home sales in Watertown, MA have been pretty steady in comparison to last year. The number of active listings, number of sales year-to-date, average sale price and median sale price are … (0 comments)

watertown: $8,000 Tax Credit for Down Payment - Participating Lenders - 08/06/09 01:11 AM
Participating Lenders for $8,000 Tax Credit Being Used In DownpaymentBelow is the list of lenders, as provided by MassHousing, that are participating in allowing buyers to use the $8,000 tax credit up front as down payment and closing costs assistance. Bank of Canton - www.bankofcanton.com
BankFive - www.bankfive.com
Bristol County Savings Bank - www.bristolcountysavings.com
Cape Cod Five - capecodfive.mortgagewebcenter.com
Eastern Bank - www.easternbank.com
Fidelity Cooperative Bank - www.fidelitybankonline.com
First Easter Mortgage Corp - firsteastern.mortgagewebcenter.com
Greater Springfield Credit Union - www.grscu.org
Greenfield Co-Operative Bank - www.greenfieldcoopbank.com
Hampden Bank - www.hampdenbank.com
Legacy Banks - www.legacy-banks.com
Metro Credit Union - www.metrocu.com
Mortgage Financial, Inc … (0 comments)

watertown: The Truth in Lending Act (TILA) Changes - 08/05/09 04:01 AM
New Changes to the TRUTH IN LENDING ACTThe Federal Reserve has proposed some changes to the Truth in Lending Act (TILA) that will help better protect the consumer and provide less surprises for the consumer during the closing process.
Improve the disclosure of the annual percentage rate (APR) so it captures most fees and settlement costs Require lenders to show how the consumer's APR compares to the average rate offered to borrowers with excellent credit
Require lenders to provide final Truth in Lending Act disclosures at least three business days before loan closing
Require lenders to show consumers how much their … (0 comments)

watertown: Go Inside - The Riverbank Lofts in Watertown, MA - 05/14/09 07:28 AM
THE RIVERBANK LOFT at 290 PLEASANT STREET in WATERTOWN, MA

Overview
The Riverbank Lofts is a complex of 56 condominiums in Watertown. The Riverbank Lofts are located at 290 Pleasant Street in Watertown, MA. The condominiums were constructed in 2006 in a building originally built as an office building and then converted into condominiums. Every unit comes with 2 deed parking spaces.
Units & Pricing
The units are all 1 bedroom or studio sized and range in size from around 621 square feet to 1,333 square feet. The units on the first floor have patios, while the back side of the building overlooks The Charles River. The original units came with … (0 comments)

watertown: SOLD Listing Featured in Boston Globe Article - 05/13/09 10:08 AM
As seen in the Boston Globe!One of my recent sold listings was featured in a Boston Globe article about how the stimulus plan is helping Watertown. It was great because they interviewed the buyers who bought the home and showed some of the work that they had begun putting into the home. The buyers talked about realizing that now is a great time to buy because of low home prices, low interest rates and the $8,000 tax credit for first time home buyers.Take a minute to watch the video or read the article. The buyer talked about receiving a great deal … (0 comments)

watertown: Go Inside: The Village Condominiums - Watertown, MA - 03/27/09 05:59 AM
 The Village Condominiums is complex of 308 condominiums in Watertown. The Village is bound by Lexington Street, Belmont Street and Duff Street, including Pierce Road and Grant Avenue. The condominiums were constructed in 1940, so overtime they have all added their own interior touches. For the most part each unit comes with 1 deeded parking space.


Units & Pricing
There are a range of units size and layouts,but most units are around 1,300 square feet with 2-3 levels of living space (depending on a finished basement). For the most part, the units have 2 bedrooms and 1 bath on … (0 comments)

watertown: Know Your Market: Watertown, MA Market Statistics (3.12.2009) - 03/12/09 08:34 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham and Brighton. Below are the market statistics in Watertown, MA. I will, typically, be posting the statistics for Watertown on Mondays.
Lets start with Single Family Homes! The average days on market for single family homes has dropped from 110 days at this time last year to 72 days on market for homes that have sold. That is a great sign that there is buyer activity out there and that the low inventory and low prices are driving quicker sales.
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watertown: Know Your Market: Watertown, Massachusetts Market Statistics - 12/15/08 12:05 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
This week, we saw a minor drop in listing inventory for both single family homes and condominium homes. The single family homes and multi-family homes have seen a slight decrease in average list price, which is great for buyers in the area. However, condominium homes have seen a slight increase in … (0 comments)

watertown: Know Your Market: Watertown, Massachusetts Market Statistics - 12/08/08 02:21 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
So, I want to touch on something this week that I have alluded to in past market statistics. We are now entering the "real" winter months, which has been historically slower for the real estate market (Side Note: We are still very busy at my office, with many accepted offers this … (0 comments)

watertown: The Warren Group's 4th Quarter Sales Review By Town: Watertown - 12/04/08 12:23 AM
The Warren Group has come out with its 4th Quarter Sales Review comparing statistics from September 2007 to September 2008 using Sales Volume and Median Prices. There was some great information included in this review, which shows great promise in our real estate market.
Is it a good time to buy in Watertown, MA?
Sure it is!
Is it a great time to sell in Watertown, MA?
Sure it is!
How can I say that it is a good time to do both? Doesn't that contradict itself?
Why would I say that when the media is reporting that we are … (0 comments)

watertown: Century 21 Commonwealth is a Toys for Tots Pickup Location in Watertown - 12/02/08 11:12 PM
It is the season of giving and we at Century 21 Commonwealth have aligned ourselves with the Toys for Tots campaign in hopes of making the Holiday season a little brighter for children in the local area. If you or someone you know have new, unwrapped toys that you would like to donate to this great program, please feel free to contact me at 617.448.9481 or email me at mark@smarthomesboston
I can either come by your house to pick up your donations or I can give you directions to our office in Watertown, so that you can place the gifts under … (0 comments)

watertown: Smart Homes Boston Blog Mentioned on Watertown Tab's Online Blog! - 12/02/08 03:23 AM
A couple of weeks back, The Smart Homes Boston Blog was mentioned as a source for market statistics in Watertown by the Watertown Tab's online blog. As you can imagine, I was pretty excited by this because I make this blog as a way to help educate the people in Watertown, Belmont, Arlington, Brighton, Waltham and Newton as to there current market conditions and more.
I hope that this recognition in the Watertown Tab online will help to create more traffic to the website and, in turn, help to create a better understanding of the market place by both buyers and … (0 comments)

watertown: Smart Listing: 46 Partridge Street - Watertown, MA - 12/01/08 06:15 AM

This is a great 2 BR, 1 Bath Single Family home located in the highly desirable West End of Watertown. This home does need some work but has some great architectural features, a fireplace in the living room and just under 8,000 square feet of land. This home is a great fixer-upper and is in a great neighborhood to settle down into.
For more information please contact me at 617-448-9481 or email me at mark@smarthomesboston.com

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watertown: Know Your Market: Watertown, Massachusetts Market Statistics - 11/30/08 11:17 PM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
The real estate market in Watertown, MA has only had minor changes during the past week. There has been a slight drop in inventory in both Single Family homes and Multi-Family homes, while the condominiums inventory has remained constant. Both single family homes and condominiums have seen slight decreases in the average list … (0 comments)

watertown: Know Your Market: Watertown, Massachusetts Market Statistics - 11/25/08 12:19 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
This week we saw an increase in the condominium market's active volume rising from 71 last week to 78 this week. However, both condominium homes and multi-family homes have had an increase in listing price. Single family homes were the only category to drop in average list price, while increasing inventory by … (0 comments)

watertown: Know Your Market: Watertown, Massachusetts Market Statistics - 11/17/08 01:00 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
Between last week and this week there have been some minor difference to the market in Watertown. The number of Multi-Family homes on the market has increased by 4 since last week. This is great news for investors because in the 3rd quarter of this year, investment property purchases spiked by … (0 comments)

watertown: New Smart Apartment Listing: Watertown, MA 2 BR for $1,350 per month - 11/13/08 07:39 AM

Available NOW!
Settle into this top floor 5 room apartment in Watertown located steps to Victory Field.
Rooms include: kitchen, living room, dining room, 2 bedrooms and 1 bath
The top floor unit has a large kitchen, hardwood floors, dining room with ceiling fan, decorative fireplace in living room, two bedrooms and bathroom.
Off the kitchen is a great porch that overlooks the common backyard.
Features are washer/dryer in basement, off street parking and storage in basement and attic. Common backyard has small patio for entertaining.
Utilities are not included; Gas Heat
Access to Mass Pike, Rt. 16, Rt. 20 … (0 comments)

watertown: Know Your Market: Watertown, Massachusetts Market Statistics - 11/10/08 03:34 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
The columns read from left to right as Single Families, Condomniums and Multi-Families. As you can see there has been depreciation year-to-date in all the single families and multi-families, but we have seen slight appreciation in our condominium market. Although value is down in multi-families, we have actually seen higher volume of … (0 comments)

watertown: Go Inside: The Siena Village Condominiums in Watertown, Massachusetts - 10/15/08 06:14 AM
Overview
The Siena Village Condominiums is complex of 59 condominiums in Watertown. Siena Village entrances are on Highland Avenue and Lexington Street. The condominiums were constructed in 1989, so overtime past owners have added their own interior touches which create different price points per unit. For the most part each unit comes with 2 parking spaces, but some units on Angela Lane also have a garage space under the unit.

Units & Pricing
There size of the units depends on whether the basement has been finished,but most units are around 1,300 square feet with 2-3 levels of living space (with finished basement the living … (0 comments)

watertown: Know Your Market: Watertown, Massachusetts Market Statistics - 10/13/08 01:22 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
As you can see there has been slight depreciation year-to-date between last year and this year. Single families are at -6%, condominiums are at -1% and multi-families are at -2%. Considering how the media reports massive depreciation, -1% and -2% are not that steep of a decline.
Good news is that … (0 comments)

 
Mark Madden, The Madden Team (Century 21 Commonwealth)

Mark Madden

The Madden Team

Watertown, MA

More about me…

Century 21 Commonwealth

Address: CENTURY 21 Commonwealth, 161 Mount Auburn Street, Watertown, MA, 02472

Office: (617) 926-5280

Mobile: (617) 448-9481



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