New Listings week of July 7
Here are the week’s new listings:
andrewJoliver.com
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Housing Inventory really has fallen sharply
We know, in general, that housing inventory has dropped sharply in recent years. The following 4 charts show the detail: the first two for Marblehead, Swampscott, Salem, Beverly and Lynn; and the last 2 for Essex County and Massachusetts as a whole, for both SFHs and Condos.
Marblehead, Swampscott, Salem, Beverly and Lynn
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Yes Virginia, there are Open Houses today
The number of Open Houses may be quite small, but if you are interested in any of these houses you may face less competition than usual this weekend: (more…)
New Listings heading into the Fourth
Not for the first time this year, a quiet week for new listings: (more…)
Five Beach Towns where you can afford to buy a house
Sand and surf doesn’t have to cost seven figures. Here is a short MarketWatch video showing five beach towns where you can actually afford to buy a house:
Five Beach Towns where you can afford to buy a house.
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The week’s new listings so far
Here are the new listings as we head into July 4: (more…)
Last chance to Preview before Marblehead Oceanfront Auction
Today from 2:00-3:30 there will be the last Preview (more…)
Marblehead Open House: directly on Goldthwait Beach
Summer and it’s beach time. But if you live here you will already be ON THE BEACH. Open House at 46 Gallison Avenue from 12:00-1:30, or call for a private showing. The website includes a video of the property – and the views.
Can you imagine living here and waking up to this
followed by this
and then this
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Open Houses Sunday June 25
There are plenty of choices in all price ranges in today’s Open Houses: (more…)
Marblehead Oceanfront Auction: last chance to Preview
On Sunday from 2:00-3:30 there will be the last Preview (more…)
New Listings week ending June 23
Here are the week’s new listings: (more…)
Open House today at Marblehead’s cheapest Oceanfront property
The cheapest oceanfront property is 11 Crown Way (more…)
Marblehead’s cheapest Oceanfront property: Open House today
The cheapest oceanfront property is 11 Crown Way (more…)
What does Federal Reserve rate increase mean for Mortgage Rates?
For the fourth time in the last 18 months the Federal Reserve increased short-term interest rates by 0.25% this week, bringing the total increase over this period to 1.00%.
After each increase in the Fed Funds rate (FF), I point out that the FF does not directly affect the 30 year Fixed Rate Mortgage rate (FRM), whose price is more closely related to the yield on the US 10 year Treasury (10T).
Let me illustrate this point in one chart:
Source: US Treasury, Freddie Mac
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