Award Season in Full-Swing
We start our award season this year with the company level awards. Christine Aubrey, Broker/Owner treated us to a lovely dinner at Alina's Restorante in South Deerfield on February 20th. The evening was a wonderful social gathering enjoyed by all. Congratulations to the following:
REALTOR of the Year
Maureen Borg (not pictured)
Blog :: 02-2012
MAR (Massachusetts Association of REALTORS®) and the NAR (National Association of REALTORS®) released reports this week expressing confidence in the real estate market. I pulled some data from our local Multiple Listing Service and my small snap-shot does make me confident our spring market is looking good.
In January 2012 Franklin County (single family/condos) closed properties were down slightly (14.6%) over January 2011, while there was an increase in properties that went under agreement (25.7%). Hampshire County is showing the same type of movement with closed (single family/condos) properties down in January 2012 (19.8%) with an increase in properties that went under agreement (31.7%).
I took a look at the average sale price for this January over last January and found Franklin County's average sale price decreased by 14.6% and Hampshire County was down by 19.8%. It may have taken the year to get there but prices are down.
Although recovery is down the road, the increase in properties under agreement in our real estate market shows promise for a good spring. The better than expected weather this winter have buyers looking. Yes, this may be your best time to find your new home; great prices, low interest rates and plenty of homes to choose from.
Everyone at Coldwell Banker Upton-Massamont REALTORS® looks forward to assisting you with your real estate needs. Stop by, give us a call or go to our website to see why we are the leading agency in Western Massachusetts.
Red Gate Farm, Buckland, MA
Fire and Ice!
Saturday, February 25, 5:00pm - 8:00pm
Super special night at the farm. Warm yourself by the bonfire after sledding down the hill under the lights. We will also have a grill and food for dinner, so bring your appetite. Cocoa and s'mores for dessert! You can bring your own sled or borrow one of ours! All ages welcome.
For more ideas, check out this blog post!
Let the sun shine!
Great article today on MassLive.com about our real estate market, Coldwell Banker Upton-Massamont REALTORS share the optimism.
The median price of single-family homes sold in the Pioneer Valley fell by 10.6 percent in January.
In Hampshire County, sales fell 18.1 percent from 72 to 59 and the median price fell 6.8 percent from $236,000 to $220,000.
In Franklin County, sales fell 25.7 percent from 35 to 26 homes and the median price fell 11.9 percent from $162,000 to $142,750.
HERE IS THE SUNSHINE!
The Realtor Association said, "Single-family sales under agreement ROSE 28.4 percent last month from 264 at the end of January 2011 to 339 at the end of last month".
The Massachusetts Association of REALTORS stated,"Confidence in the real estate market has gone up compared to the same time last year according to the January 2012 REALTOR® Market Index".
Mass Live posted an interview with our local association and state association presidents sharing an optimistic view of the Pioneer Valley real estate market. The article stated, "Buyers find new confidence as the market continued to stabilize in 2011 and is on track for a more balanced 2012" . . . "With prices and interest rates low, buyers these days have more opportunities to snag some of the "very healthy" and diverse inventory . . .", as stated by Fitzgerald. To read more . . .
Last week, the Massachusetts Associations of REALTORS (MAR) released a report stating 94% of buyers and sellers worked through a real estate professional in 2011. The report shares many interesting points about the condition of our market and why you should with a professional. To read more . . .
Rural Development, Inc. (RDI) will present a four-session First-Time Homebuyer Workshop Series beginning Monday, March 5th, 2012. Their participating lender is Greenfield Savings Bank. Workshop to be held at Greenfield Savings Bank, 282 Avenue A, Turners Falls, MA.
Presenters include an attorney, home inspector, lender, insurance professional, credit specialist and a real estate professional. Participants must attend all workshops in the series to receive a certificate, which allows them access to many affordable mortgage products through MassHousing and other sources.
Materials are provided. Cost for the series is $50 per household. Space is limited and pre-registration is required. Contact Pat Holloway to register (413) 863-9781 x100 or firstname.lastname@example.org.
Phil Pless - When Experience Counts
"Western Massachusetts is a wonderful place to live, explore and raise families. The unique mix of natural beauty, recreation and cultural abundance makes our area unique".
Phil has been getting the job done since 1981! Serving all your real estate needs in Western Massachusetts (Franklin & Hampshire County).
Phil's Featured Listings:
59 Dodwells Road
1594 Cape Street
57 Warner Hill Road
Houselogic offers great ideas to help ease you out of your Winter's funk. 12 simple home repair projects that raise your spirits and help you get ready for Spring. Check out the article...