home values: REFINANCING REPRESENTS REALTOR OPPORTUNITY! - 12/10/12 02:50 AM
REFINANCING REPRESENTS REALTOR OPPORTUNITY!
I had a great call today!  A house I sold to my buyer last year just appraised for $60K more than what they paid when they bought it!
I received this wonderful call from my favorite banker who told me, "here's a great marketing opportunity for you!"  Turns out I have been doing a good job for my buyers (who knew?!).  They are receiving appraisals both on the initial purchase, and subsequent refinancing, in excess of the price negotiated for their homes.
I must admit: I don't often check in with my buyers post-closing to see if … (0 comments)

home values: Economic Expectations for Real Estate in 2012 - Focus on Massachusetts - 12/07/11 07:39 AM
 
My crystal ball just broke, so I thought perhaps I could achieve clairvoyance by attending the recent seminar “Economic Expectations – a Forecast of the Housing Market in 2012” at the Federal Reserve in Boston.
The speakers sounded impressive!  Their PHds from Harvard, Northeastern University, Freddie Mac, NAR, & the Federal Reserve, trumped my BS from UNH…  I figured could learn from the experts!
1st consistent message: Unemployment is the biggest cause of the downturn in the real estate market.  It isn’t that people are walking away from their homes – they have simply run out of options. 
(2 comments)

 
Margo Otey (REMAX EXECUTIVE REALTY)

Margo Otey

Westborough, MA

More about me…

REMAX EXECUTIVE REALTY

Address: 77 Main St, Hopkinton, MA, 01748

Office: (508) 435-6700

Mobile: (508) 439-9717

Thoughts, issues, tips, advice, forecasting for the Metrowest real estate area.


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