Why There is Hope

This is a great, encouraging perspective from J. Lennox Scott for anyone thinking of buying, selling real estate in the next few months…
RISMEDIA, Nov. 12, 2008-With the volatility of the stock market of late, there’s understandably some uncertainty about how all of this will impact the real estate market. I’ve had the opportunity to listen [...]

Bailout Success Rides on Housing Price Stabilization

The latest AP article by Stevenson Jacobs mentions that this bailout plan can only begin to succeed if home prices stabilize. Jacobs states that experts indicate “home prices must stop falling…sending a signal to banks that the worst has passed and it is safe to start doling out money again.
Franklin, Massachusetts has definitely [...]

Why This Autumn Is a Great Time to Buy

This fall could be a particularly great time for first-time or buyers long out of the market to jump in, say a variety of real estate professionals.
Here are the reasons why:
Prices are probably as low as they are going to go as the market stabilizes, thanks to the government takeover of Freddie Mac and Fannie [...]

Current Franklin Stats

*156 single family homes for sale
*128 days on the market is the average time it takes to sell
*$494,450 is the median sales price
*$503,686 is the average sales price
*homes are selling [...]

Summer Home Sales Expected to Rise

Lately the real estate world has had some much needed encouraging news. The other day the Wall Street Journal reported that the “housing crisis is over.” Managing partner of the hedge fund firm, Traxis Partners LP, Mouelle Berteaux, reported that it now “takes 19% of monthly income for the average home buyer and 31% [...]

Why The Best Time To Buy Will Always Have Just Passed

Homebuyers can do quite well now with more homes coming on the market and many price reductions. However, we have to remember that there is NEVER a best time to buy since it is true that when you realize that prices were at their lowest is when those prices begin to rise. It [...]

Home Buyer Rebate

I just read Edward E. Leamer’s article in the New York Times entitled “Home Buyers Needed” and was very impressed. He suggests that offering first-time homebuyers a $25,000 temporary rebate only for one year could stimulate buying activity which the current lowered interest rates have not seemed to do. He cites that buyers [...]

Must We All Pay For This Mortgage Mess?

I am definitely all for personal accountability but it looks like we must all bear some of the financial brunt of the current financial/mortgage crisis. I realize that a few believe “if I was not personally fiscally irresponsible then why should I have to help pay for others who were” however I believe this [...]

Make Me Move?

Okay so as a Realtor I have not put alot of faith in the home values on Zillow.com but I realize that many people do believe the values to be fact. I was checking around on Zillow and noticed their newest (new to me) feature called “Make me Move” which frankly boggles my mind. [...]

5 Credit Mistakes Buyers Can Avoid

Giving top-notch service to buyers starts with making sure you are on solid footing to obtain a home loan. The following tips will help to bypass these common credit mistakes.
1. Not leaving enough time to fix errors. Consumers should review their credit report at least once a year. [...]