Open Houses weekend January 15/16
Freezing temperatures, Omicron and tiny inventory are the backdrop to this weekend’s Open Houses.
Click on these links for details: (more…)
January Inventory – how low can you go?
After increasing somewhat – albeit from a very low base – in the first several months of 2021, the seasonal drop-off after October after was just as sharp as in prior years – and again this is a reduction from a low level. 2022 is starting off at a seemingly impossible even lower level.
Single Family Homes
The % decline is almost irrelevant. More relevant is the months of supply shown.
Inventory now has less than 1 months’ supply overall and is only over 1 month – but still far below the 6 months deemed to reflect a market in equilibrium – at prices over $1.5 million.
Condos (more…)
New Listings and Latest Inventory Update
Still only a handful of New Listings (the state of inventory is shown later in this article, as is a link to my annual guide to property tax rates).
Click these links for details: (more…)
New Listings and Inventory Update
Still very few New Listings (the state of inventory is shown later in this article, as is a link to my annual guide to property tax rates).
Click these links for details: (more…)
Open Houses Sunday January 9
Low inventory = small number of Open Houses:
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The Three Stages of Snow Removal
Friday’s storm reminded me of a story told to me some years ago by an older neighbour, who said that the typical male went through three stages in life:
1. When he got together with other males of the species they talked about women and sport
2. When they got together they discussed their ailments
3. When they got together they discussed estate planning
In somewhat similar vein I offer the three stages of snow removal:
1. Dressed in full winter gear, snow shovel in hand, out he goes to tackle the snow – feeling great about doing something so healthy and invigorating
2. He buys a snow blower – same feeling, less chance of a heart attack
3. He hires somebody to clear the snow while staying warm indoors.
Which stage have you reached? (more…)
Essex County 2022 Property Tax Rates: Town by Town guide
Property tax rates for FY 2022 for all 34 cities and towns in Essex County have been certified. Below is a map, so that you can compare tax rates in neighboring towns, followed by the tax rates for each town the last 5 years. The first table shows the tax rates in alphabetical order, while the second lists them from low to high.
Tax rates for each town
Alphabetically (download a copy of this table by clicking here. (more…)
Latest New Listings and Inventory update
Salem, at least, has a reasonable number of New Listings (the state of inventory is shown later in this article, as is my annual guide to property tax rates).
Click these links for details: (more…)
Open Houses weekend January 8/9
Snow and freezing temperatures are the backdrop to this weekend’s Open Houses.
Click on these links for details: (more…)
Essex County 2022 Commercial Property Tax Rates: Town by Town guide
While most of us look at residential tax rates (read Essex County 2022 Property Tax Rates: Town by Town guide ) fewer consider commercial tax rates. Yet a healthy commercial business environment can contribute significantly to the attractiveness of a town. The map below shows commercial rates in each of Essex County’s 34 cities and towns, followed by a table showing commercial rates for each town.
Commercial rates for each town: (more…)
Just 0.15% of Essex County Housing Units For Sale
According to the 2019 US Census, Essex County has some 202,000 owner-occupied housing units. There are currently a grand total of 300 for sale – 178 SFHs and 122 Condos – representing just 0.15% of that number. Here are the very few new listings this week:
Click these links for details: (more…)
Last (very) few Open Houses before Christmas
Just a few Open Houses today.
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Would you like free money for the holidays?
I usually listen to WGB 1030 on my morning walk and this week I have heard Billy Costa’s ads for Unclaimed Property in Massachusetts. This rang a bell for me a as I have found unclaimed property at least twice and received checks.
Click on FindMassMoney and you will find this statement:
“The Unclaimed Property Division is holding over $3 billion in unclaimed funds for the citizens and businesses of the Commonwealth. The Division holds these lost funds until they are claimed by either the original owner or their heirs. Claiming property is fast, easy and free.”
It sure is.
And encouraged by my successes in Massachusetts I have received unclaimed property from Connecticut, where I lived in the 1980s, and today have filed a claim in California for my wife, also from the 1980s. And you can search in other States where you have connections – just type in XState Unclaimed Property and Mr.Google will do the rest.
So, if it is actually my property, is it really free? I leave you to contemplate this as you bank your check.
Happy Holidays.
Andrew Oliver, M.B.E.,M.B.A.
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
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReports.com. 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, Salem, Beverly, Lynn and Swampscott.”
__________________
Andrew Oliver
REALTOR® | Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com
Latest New Listings and Inventory
A (very small) handful of New Listings (the state of inventory is shown later in this article).
Click these links for details: (more…)
Open Houses weekend December 18/19
Just a few 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…)
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