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Peabody, MA Real Estate News

By Donna Quinlan, Keller Williams Realtor & Career Consultant
(Keller Williams Realty)
Keller Williams Realty will be hosting a Pre-license Real Estate boot camp. Run by Greenwood Real Estate School at Keller Williams Topsfield location these accelerated classes will be held the first two weekends in August. Upon completing the 40 hours required by the state of MA, you will be able to schedule the exam to obtain your MA Real Estate License.  Keller Williams Realty is interviewing agents, both experienced and newly licensed for all of their North of Boston offices.  If you are ready to enter the exciting career of real estate: email here for more information or apply at RealEstateAgent-Career.com.    
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
...But the real estate process doesn't have to be one of those things! Check out the video blog! Buying a home doesn't have to be scary!
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Why should I be your realtor? Check out the new video blog to see why!Check out the new promotional video blog!
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Personal experience shapes so much of how we treat and interact with people, from friends to clients. I’d like to share a very personal experience, one that changed my life and continues to shape my business. I became a wife and homeowner at the age of 24. It was 2003, and my mother owned a three-family home (the home that I grew up in). She offered to convert to condos and sell me one so I would have equity. I quickly found a mortgage broker and started the process. I knew nothing, and I didn’t have, want or need an agent. I just bought my condo! In 2006, my husband decided to go back to school. Money was tight and we decided to move two floors down to my mother’s unit. She had three bedrooms and an in-law apartment. It was too big for her and just enough space for us. We became landlo...
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Check out the new video blog!Buying a home doesn't have to be so scary!
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
By: Ari Taylor With the current rent prices climbing higher and higher, you may have asked yourself, “Why don’t I buy a multi-family and reap the benefits?” Here are some things to consider when planning to become a landlord:  Are you in the know? Have you done your research on local laws for landlords and tenants? Do you know the market rents in your area? Is the property you are considering already rented? Are there leases? Do the tenants pay on time and in full? What conditions are in the lease such as rules around pets, visitors, shared outdoor space and parking? Are you prepared to do repairs and upkeep for yourself and the tenants? If the utilities are separate, can you replace multiple water heaters? Can you afford the full mortgage if a unit is unrented or needs rehab? How will ...
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Pam K. in Stoneham asks: “Does my house really need to look like something from Property Brothers in order to get a good price?” Since its launch as Home, Garden and Lawn channel in the 1990’s, HGTV has become a household name. Whether you are looking to sell, buy or renovate, you look to HGTV for answers and advice. There is a lot to the Real Estate process that HGTV does not show you -- those behind the scenes aspects that end up on the cutting room floor. The cost of renovating vs. value -- Yes, you will get more money if your house looks like a house from Property Brothers. However, can you renovate for the same costs that they do? Is it worth it to put that much into a home? Here is where we focus on location. When an agent lists your home, it is not just based on what your home lo...
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Make this the new home of your business! Large suite available right outside Peabody center. Your business will truly stand out in this prime downtown location, with a great professional atmosphere, surrounded by local businesses on Lowell street. This office is located on the first floor of professionally managed and newly renovated building. Suite can be customized to better fit your business. Minimum 2 year lease. Some of the photos with listing show a similar unit that was recently renovated. Great location for Law, Accounting, or Real Estate office. Call to Lease today! Modified Gross Commercial Lease -- Tenant to pay utilities. Call me today about this property!
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Frank W. from Boston asks: “Whose initials are PMI and why do I have to deal with them for a house?” What is PMI? It stands for Private Mortgage Insurance. Simply put, PMI is an insurance policy on your loan. You pay the premium, typically in monthly installments, which are added to your mortgage. With this, the lender is covered if you default on your mortgage. Why does PMI happen? We have always heard that you need 20% down to get a loan. In a perfect world, 20% down is the best way to go. BUT, it’s not always feasible. Say you live in an area with a median home sale price of $400k, 20% of that price is $80k! How do you save that much when you are paying $2k every month in rent (for tips on saving money to buy a home go here: "Add It Up!"). A more reasonable goal is to save 3.5-5% (so...
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Make this the new home of your business! For $950/month, this large suite is available right outside Peabody center. Your business will truly stand out in this prime downtown location, with a great professional atmosphere, surrounded by local businesses on Lowell street. This office is located on the first floor of professionally managed and newly renovated building. Suite can be customized to better fit your business. Minimum 2 year lease. Some of the photos with listing show a similar unit that was recently renovated. Great location for Law, Accounting, or Real Estate office. Call to Lease today! Modified Gross Commercial Lease -- Tenant to pay utilities.
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By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Have you outgrown your current home? Casey C. from Revere asks, “How do you coordinate buying and selling at the same time?” Just one real estate transaction can be stressful enough! How do you juggle two real estate transactions at the same time? Build a good team! Having an agent, a broker and an attorney on your team is crucial. When buying and selling, you need to make certain that your team is rock solid! Talk to your mortgage broker first. There are two ways to approach this situation: Is your purchase contingent on selling your home, or can you purchase first? If you are able to make a second purchase without selling first, this could make things a lot easier, but there are a few things to be aware of… How long can you afford two mortgages? What is your home worth? What can you a...
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By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
9 Winona, Peabody, MA For Sale Description Photos Maps & Local Schools Print Brochure $ Click for current price3 BEDROOMS | 3 (3 full ) BATHROOMS | 1718.0 SQUARE FEET Follow This Home! All About Atkinson, NH Atkinson Real Estate for Sale Rockingham County Real Estate for Sale NH Homes for Sale Atkinson Real Estate Statistics Real Estate New and Events Presented By: Lisa Bouchard Berkshire Hathaway Verani Realty Windham 888-723-0306   Schedule a Showing/Request Info Property Description Welcome Home to West Peabody Well maintained Ranch on Corner lot, Open concept main living room with fireplace, stunning hardwood floors in Living area and 2 bedrooms, gorgeous kitchen bathed in sunlight, with island. Huge family room that offers fab space for multiple gatherings. This level rounds out w...
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By Kathleen Cooper, Sposato Realty Group - Broker Owner
(Kathleen Cooper, Sposato Realty Group)
7 Park Street Peabody, MA Click For Listing Website Click For Interactive e-Tour Unique opportunity to own a piece of history! National Register church condo conversion featuring 14' cathedral ceilings, a 3 story spiraling staircase, original arched window & charm! This Park Square Condominium is only 1 block away from historic downtown Peabody where you'll find lovely shops, restaurants and public transportation. Convenience of a deeded parking space & plenty of visitor parking make this an easy place to call home. Laundry on-site, private storage room, newer roof and brand new carpets & paint throughout! Don't wait - This Won't Last! MLS# 71763422$189,9002 Bed, 1.5 Bath7 Park StreetPeabody MA, 01960 Kathleen CooperEXIT REALTY PARTNERS5087973948
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By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
  Schedule a Showing/Request Info All About Atkinson, NH Atkinson Real Estate for Sale Rockingham County Real Estate for Sale NH Homes for Sale Atkinson Real Estate Statistics Real Estate New and Events   Lisa Bouchard BHHS - Verani Realty Salem   888-723-0306 Office: 888-723-0306 Questions?Schedule a Showing! MLS#: 71747286   Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 15 Margin Terrace Peabody, MA Scan with your smartphone & take me with you. Description Photos Maps & Local Schools Print Brochure JUST LISTED     Beautiful 3 bedroom home for sale in Peabody, MA! $ Click for current price 3 BEDROOMS 2 BATHROOMS ( 2 full ) 2034.0 Square Feet This home located in Gardner Park is Gorgeous, Large Brigh...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Sellers willing to give $5,000 at closing towards buyers' closing costs. This home won't last at this NEW PRICE! Overlooking the Forest Street Park, and right by the Center Elementary School, this home boasts 3 full levels of living area (including the finished walk-out basement with living area, kitchenette, full bath, bedroom and storage). Hardwood flooring in the kitchen and dining area, new windows on the first floor (2014), new flooring on the second floor (2014), new fenced in yard (2014), and new outdoor patio (2014). Gas heat and stove!!! Seller willing to gift all appliances from both the main kitchen and basement kitchenette plus washer and dryer (on second floor)!  Learn more about this property and see more photos by visiting our site. Simply click on the link below: 8-A For...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
NORTH ANDOVER Real Estate: Single Family Homes Week Of June 17th, 2013 Here is a snapshot of real estate market for single family homes in NORTH ANDOVER, MA for the week of June 17th, 2013. (Source: AltosResearch)   For Week of June 17th, 2013 Median Price $533,900 Average List Price $670,930 Average Days on Market 104 Number of Homes On Market 114 Median House Size 2,619 sq.ft. Market Action Index 33.7 - Seller's Advantage Data provided by ©2011 Altos Research LLC.The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. The median list price in NORTH ANDOVER, MA this week is $533,900. The 114 properties have...
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By Jim Mushinsky
(Centsable Inspection)
A Peabody MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase. A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Peabody MA Home Inspe...
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By Lynda Longmire
(Virtual Homes Real Estate)
  Peabody Massachusetts 2010 Real Estate Report for Q2 Peabody Massachusetts Single Family Homes Sold The Peabody, MA 2nd quarter real estate market report indicates that there were 90 homes sold in Q2 2010 as compared to 71 in 2009. This represents a 27% increase in the number of homes sold. The average sales price changed from $282763 in 2009 to $326826 in 2010, a 16% increase in value. The days on market changed -25 % from 73  to 55. Visit Peabody MA real estate for information about the community, relocation, demographics, MLS search, home buying and selling guides.   Go to Peabody MA homes for sale to view current listings of homes, condos, multi-family and land listings. The Peabody MA real estate report was compiled by Virtual Homes Real Estate. The data was extracted from the MA...
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By Lynda Longmire
(Virtual Homes Real Estate)
Peabody Massachusetts Real Estate Market Reports for 2009 Single Family Home Sales The Peabody, MA real estate market report indicates that there were 278 homes sold in 2009 as compared to 256 in 2008. This represents a 9% increase in the number of homes sold. The average sales price changed from $330053 in 2008 to $303557 in 2009, a 8% decrease in value. The days on market changed -20 % from 113  to 90. Visit Peabody MA real estate for information about the community, relocation, demographics, MLS search, home buying and selling guides.   Go to Peabody MA homes for sale to view current listings of homes, condos, multi-family and land listings. Condominium Sales The Peabody, MA condominium market data indicates that there were 122 condos sold in 2009 as compared to 79 in 2008. This rep...
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By Mike Giles, Real Estate Advisor/Consultant
(Keller Williams Realty Evolution)
There is less competition in the short sale market. With the deadline fast approaching (Nov.30th) to take advantage of the Federal Tax Credit, first time home buyers are not paying attention to the short sale market. This creates a great opportunity to make a deal for those who are not pressured to buy.  The short sale market was booming with multiple offers in on many properties earlier in the year. This is because, although Banks will not give them away, you do tend to lower than market value sale price. The fact that they can take 3+ months to get done has taken many of the first timers out of this target market. Short sale properties generally are in better condition than the bank owned properties, because the sellers are still living in them and understand that they need to keep th...
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