Woburn MA Homes Market Report - June 2010 The Woburn MA Homes Market activity for homes sold in Woburn, MA shows that there were 20 single family homes transacted in June 2010 with an average sales price of $384,963 and an avereage days on the market (DOM) of 69. As I noted last month, the Woburn MA home market has been steadily climbing back since 2008.  With an average sales price in Woburn MA of $384,963 Woburn is an attractive market for buyers looking for the convenience of the Burlington area and the I-95 corridor with a little bit of a discount versus Burlington MA home prices.        MA Real Estate - Community, relocation and school information with town demographics. MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales MA MLS - View all listi... 07/21/2010

Woburn MA Homes Market Report - May 2010 The Woburn MA Homes Market activity for homes sold in Woburn, MA shows that there were 22 single family homes transacted between 5/1/2010 and 5/31/2010 with an average sales price of $381,972 and an avereage days on the market (DOM) of 95. The Woburn MA home market has been steadily climbing back since 2008.  It's affordability in comparison to the surrounding towns along the I-95 corridor makes it attractive for first time home buyers and has contributed to the Woburn MA home market recovery we have been seeing.       MA Real Estate - Community, relocation and school information with town demographics. MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales MA MLS - View all listings in the statewide MLS. MA Home... 06/22/2010

Woburn MA Real Estate Market Report - Q1 2010 The Woburn MA Real Estate Market activity for homes sold in Woburn, MA shows that there were 39 single family homes transacted between 1/1/2010 and 3/31/2010 with an average sales price of $332,682 and an avereage days on the market (DOM) of 94.         MA Real Estate - Community, relocation and school information with town demographics. MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales MA MLS - View all listings in the statewide MLS. MA Homes for Sale - Map Search - Search by location, neighborhood and commuting. Woburn MA Homes for Sale - Map based search Virtual Homes Real Estate provides search tools to assist you in learning about the community, listing and market conditions. Click on the following... 04/14/2010

Families Invited to Fun, Free Day of Active Play and Resources for Healthier Living  North Suburban YMCA Celebrates Healthy Kids® Day on Saturday, April 17 On Saturday, April 17 from 2:00pm to 6:00pm, the North Suburban YMCA invites families in Woburn and the surrounding communities to participate in YMCA Healthy Kids® Day, the nation's largest health day for children and families.  YMCA Healthy Kids Day includes fun, engaging and creative activities for children and families and promotes year-long wellness and healthy living.  YMCA Healthy Kids Day events are free and open to all.  "As families struggle to balance life's daily demands and persevere during an economic downturn, it is important that we reach beyond our YMCA facility to the entire community," says Amy Turner, Executive Di... 04/13/2010

According to "The Warren Group" Woburn homes sales are UP from 2008. Published by the frist quarter Real Estate Conference 2008 -2009 Number of Single Family Home Sales December 2008: 17 December 2009:  20 % Change 08-09: 18% 2008 Year to Date Sales:229 2009 Year to Date Sales:  232 December 2008 Median Price:  $310,000 December 2009 Median Price: $344,500 % Change 2008-2009 : 11% Average Price YTD 2008: $330,000 Average YTD 2009: $328,750 %Change 2008-2009: 0% This is very positive news for home buyers and sellers, in comparison to the past few years. For more information on your specific neighborhood or home. Please feel free to contact me direct. Or visit http://www.irresistiblerealestate.com           02/27/2010

Woburn MA Foreclosures, Short Sales and Bank Owned Real Estate for Sale Purchasing a home at a Woburn MA foreclosures auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. To search the MA MLS listings visit Woburn MA MLS listings. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real estate agent ... 02/14/2010

New Incentive for Byers to Purchase Bank Owned Properties by Fannie Mae   Fannie Mae is offering an incentive for buyers purchasing and closing on a Fannie Mae REO between January 28 and April 30, 2010. The incentive’s goals are to encourage buyers to purchase REO properties and increase the sales volumes to help manage the higher levels of inventory anticipated this year. The incentive is a total of 3.5% of the final selling price comprised of: · Closing costs · - The purchase of new Whirlpool® appliances by Fannie Mae - A mix of closing costs and appliances, at the buyer’s discretion, up to the maximum 3.5% Since lenders may impose their own limitations on the use of the 3.5% incentive, buyers should consult their lenders for guidance. To be eligible for this incentive: · Offers must ... 01/29/2010

Recently, there has been allot of hype about how to present a offer to purchase when the lenders wont' provide  a PRE-APPROVAL LETTERS  So I did my research and found this very informative post by Joe Mezler, for more information you can contact Joe direct at Joe@Joemezler.com With no futhure ado here is Joe's Blog of Are Pre-Approval Letters Dead? NO, just a minor change in thinking- Can you get or even give one in today's market? There is a lot of confusion with Lenders, Loan Officers, Home Owners, and Realtors in regards to the sweeping new Good Faith Estimate rules and how they apply to the industry. A LITTLE PRE-APPROVAL LETTER HISTORY Years ago, the standard way of buying a home was a potential buyer met with a Real Estate Agent, and wrote a financing contingency into the offer. A... 01/28/2010

  Welcome back...last week we talked about the mechanics of your home and tweaking things to make sure every detail is ready when the buyer has a home inspection done on your home. This week let's talk about something that everyone in the Northeast and other parts of the country are familiar with, Snow and Ice. If you have your home on the market or thinking about putting it on now, while selection is low. Please take pre-cautions to ensure the people coming to view your home are safe and you avoid a costly lawsuit. Remove snow from your driveway Remove snow from our walkway Put down ice melt and or sand on your walkway and driveway Repeat Remove snow from your driveway Remove snow from your walkway Put down ice melt and or sand on your walkway and driveway Also, a shoe rack by the door... 01/19/2010

If you've seen the following on Twitter, Facebook or Myspace. It is a Hoax as reported on CNN.com UPS is shipping anything under 50lbs for free to Haiti. You can send food clothes or shoes...and American Airlines is taking doctors and nurses to Haiti for free. Please call 212-697-9767. Spread the word...Red Cross needs Creole speaking volunteers for a 24hr phone bank. Call Mr. Wilfrid @ 305-776-6900 ASAP...Please Repost this Info For the full story of the extent of the hoax please follow this link CNN.com   Please let your friends and neighbors know.   Thanks Lisa 01/16/2010

Well we all made it through the holidays. And put away the decorations, decluttered the closets and donated or sold unused items. Now if your thinking of selling it's time to really get serious. On average homes when homes are priced to sell they go under agreement in less than 30 days. So, if you do the math and put your home on the market tomorrow, and it you accept an offer by February 10th chances are you will be sold by March 1st. The next thing you should think about is the mechanical condition of your home. To most home owners their house is in perfect condition, they are accustomed to the sweek in the pipes when the heat comes on or you know to turn the faucet a little tighter to avoid a drip or that you can't plug the vacuum in the same outlet as the t.v or it will trip a circu... 01/09/2010

Last week we discussed the Woburn Massachusetts housing market and compared it's available inventory to the week before. So, in fairness let's start there. December 9- December 16th Available Single Family Homes for sale 68, 3 homes under agreement  and 1 sold *source MLSPIN* Yes, buyers do buy during the winter months and holiday season. So is it time to really think about the game plan of selling? Only you can answer that. If it were me, I'd say the days are numbered until all the potential sellers will be putting their homes on the market and the inventory may bring the prices down (maybe) Here's another tip to get your home ready. Attack the closets!!!! There are allot of charities that will take your gently used clothing and animal shelters will take blankets, towel and bedding. Ot... 12/16/2009

Single family home salesThis month 11 Single Family Listing homes sold with an  Average List Price of $333,300   Average Sale Price of  $319,936 the lowest sales of $259,000  and the highest price of $590,000. The Average Market Time: 61.09 witha a min. of 5 days and maximum of 253 days on the matket. Condo SalesThis month 6  Condominium sold with an Average List Price of  $280,750 and an  Average Sale Price: $277,883     Average Market Time: 259.67   the lowest sales of $199,900 and the highest price of $375,000. The Average Market Time: 260  witha a min. of 5 days and maximum of 1075 days on the matket.  Multi Family SalesThis month we h ave no multifamily sales. 12/14/2009

12/11/2009

I realize it's only early December, But already our office has received over 5 requests this week for comparative market analysis's. This in addition to the report I read this morning saying that the medium home price in Woburn, Massachusetts has risen from $367,962 November 30, 2009 to $370,476 December 6,2009* source Trula Weekly Agent Report*. Please don't start thinking that every home has increased in value and if I wait til the "Spring" to list my home it will be worth $$$. Yes, you could be right. But let's take a step back and think why did home prices raise from last week to this week. Well, first of all it's simple...Supply vs. Demand. Last weeks  Woburn market had more homes and usually the first week of the month homes are SoLd, Exprire or cancel especially before the holida... 12/09/2009

Everyone is aware of the Government Stimulus Program for 1st Time Home Buyers. And I've helped and meet these buyers. They are young and enthusiastic but also well schooled and cautious. Today, I ran a search in the following towns: Burlington, Melrose, North Reading, Reading, Stoneham, Tewksbury, Wakefield, Wilmington, Winchester, Woburn, Billerica and I found 41 Condos priced under $175,000 average days on Market 100. What does that say to the market.. it says some of these condos are OVER Priced. I could be wrong...but when a property is on the market more than 14 days without offers all the trainers, mentors, brokers and buyers say the same thing.  Why??? Does this person know their competition? Did they not get the memo that properties have depreciated? If your currently considerin... 08/07/2009

  If you would like pictures or listing sheets of the properties below please e-mail me at TucciRealEstate@gmail.com or call my cell (617) 816-7603.   MLS #: 70917255   Status: ACT   DOM: 5 Rent Price: $750 List Date: 5/12/2009 7 Mishawum Rd U:0Woburn, MA 01801 Rooms: 3 Bedrooms: 1 Baths: 1 / 0 Style: Apartment Living Area: 500 Deposit/Reqd: $750/Yes Rnt Term: Tenant at Will Remarks: Affordable Basement apartment with seperate entrance Pets subject to owner approval Heat: -- AC: Rnt Includes: Heat, Hot Water, Electric Orig. Price: $750     MLS #: 70896342   Status: ACT   DOM: 46 Rent Price: $775 List Date: 4/1/2009 949 Main U:3Woburn, MA 01801 Rooms: 3 Bedrooms: 1 Baths: 1 / 0 Style: Apartment Living Area: 0 Deposit/Reqd: $0/No Rnt Term: Tenant at Will Remarks: 1 Bedroom apartment in co... 05/17/2009

Woburn, MA Real Estate - MA MLS - Find Homes For Sale Buying a home is an important investment however your primary focus should be to solve a housing need. The process can be very complicated if you do not work with industry professionals that can provide accurate information and advise you. The professionals include mortgage lenders, Realtors, Attorneys, Home Inspectors and Accountants. If you are a first-time home buyer, you may qualify for a tax credit ($8000 in 2009) and could be eligible for special financing programs. For a map based search of all properties listed in the MA MLS go to WOBURN MA MLS Let Woburn MA real estate assist you in finding the right property to meet your needs from local area homes for sale, foreclosure listings (bank-owned), country properties, land, condo... 03/17/2009

So often I speak with people that ask "How is the market?" Well that's a great question and if you listen to the media they say it's a national crisis. People are upside down and are facing foreclosure. I'm not here to say ' not true. But instead to remind you that it all depends on the supply and demand. In my coverage area the market goes from extremely active to extremely depressed. For instance if you want to purchase a condo in Middlesex county the selection is vast and prices range from $41,000 to $1,940,000 there are over 9000 units for sale. With so much selection the question isn't "How's the market?"  which my reply would be"Great if you want to buy" Instead the question should be " Where should I buy?" As many of my colleagues have said it's a great time to buy. Prices are lo... 01/29/2009

This is an actual example of a condo in Woburn that is currently for sale. This shows clearly how the new lower interest rate allows someone to make an offer of $15,000 greater and give them the same monthly payment.   Six Weeks Ago   Now   Puchase Price $130,000.00 Purchase Price $145,000.00 FHA 3.5% Down Payment $4,390.75 FHA 3 .5%Down Payment $4,897.38 Principal $125,450.00 Principal $139,925.00 Rate 6.00% Rate 5.00% Term 30 Term 30 Taxes $1,701.05 Taxes $1,701.05 Condo fee $220.00 Condo Fee $220.00 Loan Payment $752.14 Loan Payment $751.15 Total Payment $1,113.89 Total Payment $1,112.90 This example shows principal only, the asking price of his condo is $139,900 and the complex is approved for FHA 3.5% down payment financing. The best part is you can get the down payment gifted from... 01/08/2009