$22 million House for sale in Beverly
A $22 million mansion has just hit the market in Beverly, listed by Douglas Elliman Real Estate. Built in the Georgian Revival style, the home boasts 28,000+/- square feet of beautifully appointed living space, with 11 bedrooms and 12 baths and sits on more than three meticulously landscaped, park-like acres.
Click $22 million listing and call to arrange a showing. (more…)
Manhattan real estate prices reach record as buying ‘frenzy’ takes hold
Manhattan real estate prices reached an all-time high in the second quarter, as buyers returned to the city and boosted demand for the largest, most expensive apartments, according to new reports.
The median resale price for Manhattan apartments hit $999,000 in the second quarter — the highest on record, according to a report from Douglas Elliman and Miller Samuel. Average sale prices rose 12% in the quarter, topping $1.9 million.
The price jumps and shrinking inventory suggest the Manhattan real estate rebound continues to gain momentum, as more families look to trade up to larger apartments and buyers look to take advantage of lower prices and low mortgage rates.
“It’s a sign of the frenzy and intensity of the market,” said Jonathan Miller, CEO of real estate appraisal firm Miller Samuel. “It’s rebounding much faster than most participants expected.” (more…)
New Listings before July 4
Just a handful of New Listings before the Fourth:
Click on these links for details: (more…)
Open Houses July 4 weekend
Just a few Open Houses this weekend, mostly today. The only ones scheduled for Sunday are 420 Atlantic Avenue in Marblehead and 15 Spring Road in Lynn, both of which also have Open Houses today,
Click on these links for details: (more…)
Housing Inventory little changed in July
Housing inventory for the 34 cities and towns of Essex County in pictures. Note that not only are numbers low but that there was no pick-up in the spring/summer market:
Single Family Homes
Condos (more…)
Are you interested in buying a vacation home in or near Naples?
This table shows the breakdown of sales and median prices by area of Naples (see map below). Please contact me to discuss the market and see how I can help you in your search for a vacation – or permanent – home.
Click on these links for detailed market reports: (more…)
New Listings mid-week June 30
Here are the latest New Listings:
Click these links for details: (more…)
Open Houses Sunday June 27
Here are today’s Open Houses (note that the one on 26 Lafayette St, Marblehead has been postponed until July 3):
Click on these links for details: (more…)
4 Ways to Create an Oasis in Your Own Backyard
As the weather warms and the days become longer, many homeowners spend more time in their outdoor spaces. No matter the size, a backyard can be an escape from the stress of the work day and a relaxing place to socialize with friends and family. Creating a sense of calm and beauty in your backyard will make you want to spend more time enjoying the fresh air. Here are some ideas for how to turn your backyard into an oasis in the desert of daily life.
Open Houses weekend June 26/27
Here this weekend’s Open Houses.
This list will be updated on Sunday morning (because of the quirks of MLS many of the Sunday Open Houses don’t show up on Saturday.)
Click on these links for details: (more…)
New Listings week ending June 25
Somewhat more New Listings in Marblehead, Swampscott, Salem, Beverly and Lynn:
Click on these links for details: (more…)
Are mortgage rates heading up or down?
For several years “experts” have been forecasting that mortgage rates were about to rise, but forecasts of an imminent end to low rates are reminiscent of Mark Twain’s alleged comment that reports of his death had been greatly exaggerated.
The 30-year Fixed Rate Mortgage (FRM) reached almost 5% in November 2018, but since then has been in an almost uninterrupted downward trend, with a few short-lived spikes upwards:
Which brings us to the question: is the next move going to be
Inflation (more…)
New Listings mid-week June 23
Here are the latest New Listings:
Click these links for details: (more…)
Marblehead Town Elections TODAY
The youth and exuberance of Marblehead can be seen in two way:
– the number of young people out and about with strollers (and, of course, dogs)
– the large number of candidates in the town elections this coming Tuesday
The most contested positions are Selectmen (15 candidates for 5 members), Light Commissioner, School, and Recreation and Park.
Here is the sample Marblehead ballot (more…)
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