Here is the updated list of today’s Open Houses (with links to Q3 market reports for Marblehead and Swampscott):
Click on these links for details: (more…)
9 small home improvement projects that achieve amazing ROIs and really pack a punch.
1. Decluttering and cleaning
When you go to sell your home, depersonalizing it goes a long to show home buyers a blank slate in which they can imagine living their lives—rather than a lived-in home where you’ve lived yours. Decluttering and deep cleaning is a great place to start to remove the lived-in look. With low costs and huge visual impacts, deep cleaning and decluttering are recommended the most by real estate agents. According to HomeLight’s research, 98% of agents recommend decluttering and 91% recommend deep cleaning to prepare for market.
2. Landscaping and curb appeal updates
(more…)
Key Metrics
Single Family Homes (SFH) (more…)
Here are the Open Houses this weekend. Because of the quirks of MLS properties with OH’s both days do not show up in both days’ lists but do if you click on the individual properties. I will publish the updated list for Sunday tomorrow at 8 a.m.
Click on these links for details: (more…)
Here are the latest New Listings (the state of inventory is shown later in this article):
Click these links for details: (more…)
Key Metrics
Single Family Homes (SFH) (more…)
Here are the latest New Listings (the state of inventory is shown later in this article):
Click these links for details: (more…)
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s
Here is the updated list of today’s Open Houses:
Click on these links for details: (more…)
While Single Family Inventory picked up, as usual, after Labor Day, and has been on an increasing trend this year, it is recovering from a very, very low level, and is still some 55% below levels of 2019. See the charts and comment later in this article for more details.
Single Family Homes
Condos (more…)
Click Marblehead on the Move to read the 7-page quarterly newsletter.
Here’s a peep at What’s Inside:
Latest Housing Inventory and Market Activity
And read these recent articles:
Fall Market Report
Mortgage Rates back to 3% – again
Essex County 2021 Residential Property Tax Rates: a Town by Town guide
Naples August Housing Market Review
Team Harborside recognized on America’s Best Real Estate Professionals list
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of Oliver Reports . He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Sale, Beverly, Lynn and Swampscott.”
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Andrew Oliver
Sales Associate | Market Analyst | DomainRealty.com
REALTOR®
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.MarbleheadSouth.com
Here are the Open Houses this weekend. Because of the quirks of MLS properties with OH’s both days do not show up in both days’ lists but do if you click on the individual properties. I will publish the updated list for Sunday tomorrow at 8 a.m.
Click on these links for details: (more…)
Sagan Harborside has published my Fall Market Report this week. The report includes stats on every city and town in Essex County, with more detailed analysis of the markets in Marblehead, Swampscott, Salem, Beverly, Gloucester, Nahant, Manchester-by-the-Sea and Rockport.
Here are the highlights: (more…)
The 30-year Fixed Rate Mortgage ticked back up to 3% this week. I re-read Are Mortgage Rates headed Up or Down? which I published in June and I still think it summarises the situation quite well. Hence I have included the link rather than repeating the arguments.
The proximate cause for the increase in mortgage rates this week was the increase in the yield on the US Treasury 10-year Note. The increase started last week (after the Freddie Mac weekly survey, which is collected from Monday-Wednesday) when the Federal Reserve (Fed) confirmed that, if current trends continue, it will start to reduce its purchases of both Treasuries and Mortgage Backed Securities (MBS) soon and aim to end purchases by the middle of 2022.
At the same time, we saw a rate increase in Norway – the first in Europe- following earlier increases in Brazil and South Korea. And while the Fed continues to state that it will not consider actual rate increases (I am not sure why they refer to it as “lift off”- sounds like rocket-speed increases which it will not be) until after the end of the bond purchases, investors noticed a shift in the number of members forecasting a rate increase in 2022 rather than 2023.
And inflation continues to run hot. The Fed thinks this is transitory, but many others fear that it will be sustained forcing the Fed to raise rates sooner than it currently anticipates.
The Numbers (more…)
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