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Wenham, MA Real Estate News

By Jim Mushinsky
(Centsable Inspection)
A Wenham 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 Wenham MA Home Inspect...
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By Jay Burnham, The Coldwell Banker Guy
(Coldwell Banker)
A large, and growing group of residents from the Massachusetts towns of Hamilton and Wenham have recently formed a Political Action Committee under the name ENOUGH IS ENOUGH (EIE). Six weeks before the town elections in Hamilton and Wenham in May 2008, Jim Kent, a Hamilton resident, wrote a letter to the editors of the Hamilton/Wenham Chronical and the Salem News asking for citizen participation in a group aimed at defeating the $1.8 million school funding override.   A group got together and decided to call themselves "Enough is Enough", a battle cry to stop the budget busting pending override. It was an exciting six weeks, with members walking the streets talking to neighbors, volunteers making signs, helping elders with absentee ballots, writing letters to the editor and distributing...
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By Kristal Pooler, Cottages to Castles on Boston's North Shore
(Kristal Pooler & Associates. Coast & Country Properties Inc.)
The amount of competing inventory affects a property's price.If there is a lot of competing inventory, then pricing will be lower than if there is little competing inventory.The report shows the number of months it will take to sell off the current inventory of active listings if the rate of sale remains constant Price RangeActive ListingsSold Listings3/19/2007 - 3/18/2008Months of Inventory# Listings% TotalDOM# Listings% TotalDOM$259,900 - $299,99900.00%049.52%990.0$300,000 - $349,99900.00%012.38%1610.0$350,000 - $399,999310.71%3224.76%4618.0$400,000 - $449,99927.14%104614.29%1094.0$450,000 - $499,999414.29%107614.29%1078.0$500,000 - $599,999725.00%12349.52%8621.0$600,000 - $699,99913.57%549.52%2233.0$700,000 - $799,999310.71%14612.38%13036.0$800,000 - $899,99927.14%164511.90%744.8$900...
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By Kristal Pooler, Cottages to Castles on Boston's North Shore
(Kristal Pooler & Associates. Coast & Country Properties Inc.)
Based on activity of the past calendar year, this chart offers guidance on how long a property could take to sell in a given price range band. DOM is an abbreviation for 'Days on Market'. This data is downloaded from our regional MLS. I will be providing various market reports for Wenham during the course of 2008Price RangeActive ListingsSold Listings2/18/2007 - 2/17/2008Months of Inventory# Listings% TotalDOM# Listings% TotalDOM$225,000 - $249,99900.00%012.17%1000.0$250,000 - $299,99900.00%048.70%990.0$300,000 - $349,99900.00%024.35%1480.0$350,000 - $399,99929.09%7424.35%4612.0$400,000 - $449,99914.55%144613.04%1182.0$450,000 - $499,999313.64%111715.22%965.1$500,000 - $599,999627.27%12548.70%8618.0$600,000 - $699,99914.55%1448.70%2233.0$700,000 - $799,999313.64%26112.17%13036.0$800,000...
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By Jay Burnham, The Coldwell Banker Guy
(Coldwell Banker)
Settled in the 1600s, Wenham has managed to preserve much of its rural scenery and historic character.  Open vistas abound, from farmland and woodlands to lovely lakes and winding country roads.  Residents are justly proud of their regional school system as well as 300 acres of pristine parks and serene recreational areas.gordon college adds the stimulation of a college town to the backdrop of natural beauty.  Strolling down the main street of Wenham, newcomers will find a timeless picture of beautiful old homes, gardens and yards - a scene graced by the friendly greeting and smiles of their new neighbors.  Be sure to check out the Wenham Teahouse.Wenham is serviced by commuter rail service to Boston.The population in Wenham is about 4,400 and the distance to Boston is 22 miles.
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