London House with horror room – or Horror House?
There is time a for a buyer to get settled in and enjoy this London home with Horror Room at Halloween.
In this Daily Mail article, which has many more photos, the horror room is described as a torture room.
As you look through the photos of the house you may agree with me that the adjective horror could be applied to more than one room. And the house is for sale for $1.6 million. Now that is torture. (more…)
New listings week ending September 10
As expected there was a pick-up in new listings after Labor Day: (more…)
HSIR launches Facebook Live series today at 10 a.m.
This morning at 10 a.m. Harborside Sotheby’s will launch a new series of Facebook Live coverage of HSIR listings. To participate just go to the Harborside Sotheby’s Facebook page at 10 a.m.(you can also view the broadcast on Facebook later – what NBC would call “tape delay”). Here’s the first property:
Sit back and relax — house hunting just got easier with Harborside SIR. Join us for our first Facebook Live broadcast, Thursday, September 8th at 10am as we provide a unique look into one of our tranquil waterfront properties located on Boston’s North Shore. You’ll have the opportunity to ask our agents questions in real time, allowing for a customized viewing experience. Enjoy this exclusive showing and join us again next week for another First Look.
HSIR Facebook Live
If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Two Marblehead Oceanfront Houses on the Atlantic
Last year in an article Marblehead sale over $4 million – guess where? I wrote this:
“There are a lot of small streets that lead to the water and have 1 or 2 or maybe 3 or 4 houses sitting directly on the ocean at the end. And for the most part these houses sit on the rocky Atlantic coast and are high enough that flooding is not a concern, while many of them face South, have great views of Ram Island and down the coastline, and are well protected from the nor’easters that can impact more exposed areas.”
Today there is an Open House from 12:00 – 1:30 at 46 Gallison Avenue.
This house works perfectly as a summer/weekend “beach house”, but don’t be mislead by the term “beach house” – it is a fully insulated, year round house.
The house sits on a lot of almost 14,000 sf, and there is room to expand the house upwards and outwards.
A little further down the coast, in the Clifton Heights neighborhood, is 11 Crown Way, a restored 1850 house with carriage house and pool. This house is also available to rent.
If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Open Houses Sunday September 4
70 degrees and sunny and, according to Weather Underground, zero chance of snow – all in all a perfect day for visiting these Open Houses:
andrewJoliver.com
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Marblehead: the cutest town in Massachusetts
PureWow.com has published The cutest towns in America and this is what it says about the pick of Massachusetts:
“Sailboats floating on the harbor, narrow streets lined with cobblestone sidewalks, B&B cottages and mom-and-pop shops….swoon. Historical Marblehead, which played a big role in the Revolutionary War, dates back to 1629, when settlers from the Mayflower first established it as a fishing village.”
As a buyer said to me this summer at the closing of a house he had just bought: “other people come here on vacation, but we get to live here.” Yep. All the above, plus great schools, a wonderful sense of community and a well-run town with the third lowest tax rate in Essex County.
If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Housing Inventory and Supply: a town by town guide
This report has two parts. In the first I show the inventory of Single Family Homes SFH) for sale compared with this time for the last two years; and in the second I show how many months supply those numbers represent.
Overall in Essex County the inventory of Single Family Homes (SFH) for sale as we head into Labor Day weekend is down 21% from a year ago and down 28% from this time in 2014. The numbers for Massachusetts overall are very similar: down 21% from last year and down 26% from 2014.
The supply, based upon sales for the last 12 months (L12M), in Essex County, has dropped from 4.2 months in 2014 to 3.6 months in 2015 and to just 2.6 months currently. Massachusetts overall has seen a similar drop from 5.1 months to 4.5 and now just 3.2 months. Bear in mind that a housing market is generally deemed to be in balance between buyers and sellers when supply is at 6 months. When the inventory is less than 6 months, as now, it is called a sellers’ market.Like now.
Inventory
Just 4 towns – Beverly, Essex, Lynnfield and Topsfield – show an increase in supply, mostly insignificant, compared with a year ago, and only 3 – Andover, Middleton and Newburyport – an increase from 2014.
Supply
I have shown two numbers for each town for each year: supply based upon the last 3 months (L3M) sales and on the L12M. The market in Massachusetts is seasonal: June-August typically sees the highest number of sales in any 3 month period, so using that number alone would give the impression of tighter supply than using the L12M. Nevertheless, L3M does give a very current picture of supply.
Comment
There is a saying that all real estate is local. While I agree with that when it comes to buying a particular house, it is also valuable to know and understand what is happening in the broader market. If, for example, you are looking to buy in a town with seemingly adequate supply, it is important to know that throughout Essex County and Massachusetts supply is very tight, and therefore ask questions about the market in the town with higher supply. Thee may well be a reason, and knowing the broader trend will alert you to ask questions.
Overall, as I have been saying for some time now, the economy is doing ok, mortgage rates are close to record lows, inventory is low – all the ingredients for a continuing steadily improving housing market. It will be interesting to see if the forthcoming elections cause some slow down in the next couple of months.
Here is a spreadsheet Essex_For Sale_Supply_Sep_2_2014_2015_2016_towns which combines both the inventory and supply numbers for each town. I can provide a more detailed analysis of any town on request.
If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
New Listings week ending September 3
As expected, very few new listings ahead of Labor Day:
Source:andrewJoliver.com
Marblehead new listing
Salem new listings
Beverly new listings
If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Open Houses Sunday August 28
A sunny day, not too hot or humid – perfect for visiting these Open Houses: (more…)
Are home prices falling?
Sometimes I think headline writers are deliberately trying to convey a false impression.
Take this will home price appreciation fall? article in the Daily Dose. Ok be honest, if you read this headline quickly, would you think home prices were going up or falling?
or 
(more…)
New listings week ending August 27
A quiet week for new listings as summer meanders along: (more…)
Frank Lloyd Wright houses for sale
Why is Frank Lloyd Wright so popular? Here is one analyst’s comment:
His works were unique in that he followed the rule “function over form”. His buildings didn’t look alike nor did they look out of place in their surroundings, because he built his buildings to blend in with their environment.
His buildings became part of the landscape instead of being a huge expensive monument styled after classical Greek architecture with their huge columns and colossal proportions(which was the rage at that time) and stood apart from its surroundings. His modern style was considered fresh and original.
He also utilized every space in his buildings and designed them with great minimalism and functionality in mind. The Japanese are some of his greatest fans since they find his style reminiscent of their Zen philosophy.
Open House today on Goldthwait Beach
Sunny but not too hot today: perfect for walking Goldthwait Beach and visiting 46 Gallison Avenue which sits directly on the beach. Open House today is 12:00-2:00.
This house works perfectly as a summer/weekend “beach house”, but don’t be mislead by the term “beach house” – it is a fully insulated, year round house.
The house sits on a lot of almost 14,000 sf, and there is room to expand the house upwards and outwards. (more…)
Open Houses Sunday August 21
Here are today’s Open Houses in summary: (more…)
Brexit and the Olympic Medal Table
The German PR firm which includes the European Commission and European Parliament among its clients has published its version of the Olympic medal table, amalgamating the results for all 28 EU countries:
While the publication of the table may be no more than an example of the world-famous German sense of humour, including the UK’s 21 gold medals in the table did not go down well in the UK. (more…)
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