Real Estate and *stuff *

Real Estate and *stuff *

A real person helping real people with real estate

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Valentine’s Day Fun Facts

February 14, 2012

Happy Valentine’s Day!  Did you know that approximately 1 billion Valentine’s Day cards are sent each year?  Or that the Italian city of Verona, where Romeo and Juliet lived, receives over 1000 Valentine’s addressed to Juliet each Valentine’s day?

To know who invented the first box of Valentine’s Day chocolate, read more

  • Richard Cadbury, of Cadbury cream egg fame, invented the first box of Valentine’s Day themed chocolates in the 1880s.
  • 3% of pet owners give Valentine’s Day gifts to their beloved furry friends.
  • Over 50 million roses are given on Valentine’s Day.
  • 73% of people who buy flowers are men.
  • In Medieval times people who couldn’t write their names signed with an ‘X’ in front of a witness. The ‘X’ was then kissed to show sincerity. Many believe this is how the ‘X’ symbol became synonymous with the kiss.
  • On average men spend $130 for their dates on Valentine’s Day.
  • Children received 39% of all Valentine’s related gifts and candies.
  • Mothers and wives are the biggest givers on Valentine’s Day, providing 33% of all gifts.
  • More than 36 million heart-shaped boxes of chocolate will be sold for Valentine’s Day.
  • Even if they don’t make the final purchases until the last few days, 75% of men testify that they plan ahead for Valentine’s Day.
  • On Valentine’s Day, women prefer to open their gifts after a nice dinner while men prefer to receive presents first thing in the morning.
  • The most romantic place to share candy is in front of the fireplace.
  • In the 1800s physicians commonly advised broken hearted patients to eat chocolate to calm their pining.
  • Throughout history, chocolate has always been seen as an aphrodisiac: Madame DuBarry served chocolates to all of her suiters, Cassanova consumed chocolate instead of champagne to induce romance, and the ancient Aztec king, Montezuma believed chocolate would make him virile.
  • 8 billion conversation hearts will be produced this year, enough candies to stretch from Rome, Italy to Valentine, Arizona 20 times and back again.

Now go out and enjoy the day!

Another take on the big mortgage settlement…

February 11, 2012

These guys are great and in this video they recap an excellent way to qualify for a VA Loan if you’re currently unmarried and a real person’s look at the robo-bot settlement with the major banks.

 

Fannie Mae Rolls Out Online-only REO Offers – where are they in Worcester County?

February 11, 2012

Streamling!  I love a good system and I am hoping this works well!  Worcester County has a 184 Fannie Mae Homepath properties and now buyers can submit an offer directly online to Fannie Mae with their agent.  I am hoping this creates an efficient environment to moving these properties off the market and into the “sold” category.

“Making an offer to purchase a HomePath property is now quick, easy and entirely online! Beginning February 2, all offers on HomePath properties must be made using the HomePath Online Offer system. If you’re ready to make an offer, just have your real estate professional click the “Make an Offer” button on the property information and follow the instructions.”

Only licensed agents can make offers, so any consumers shopping for a home on Fannie’s HomePath site have to contact an agent first.”

Here is a list of the 184 REO properties in Worcester County that are available as of today.  If you are interested in seeing one of these properties or getting more information on how to purchase a foreclosure – just let me know!  I will connect you!

Address City State List Price Property Type Bedrooms Bathrooms Square Feet Lot Size
39 Sled Rd Ashburnham Ma $41,900 Single-Family 2 1 1205 9000
13 Holt Rd Ashburnham Ma $82,900 Single-Family 2 1 816 37994
11 Stodge Dr Ashburnham Ma $189,900 Single-Family 3 1.5 1337 7500
317 Petersham Rd Athol Ma $77,900 Single-Family 3 2 1561 103237
181 Harugari St Athol Ma $82,900 Single-Family 3 2 1416 9022
63 Everett St Athol Ma $49,900 Single-Family 3 2 1500 12196
82 Kennebunk St Athol Ma $71,900 Single-Family 4 2 2612 43560
90 Narrow Ln Athol Ma $139,900 Single-Family 3 2 1290 80000
21 Harrison Ave Auburn Ma $76,900 Single-Family 2 1.5 1182 14136
49 Wallace Ave Auburn Ma Single-Family 4 1.5 1654 42000
124 South St Auburn Ma $199,900 Single-Family 3 2.5 1810 20000
19 Holman St Baldwinville Ma $79,900 Single-Family 3 1.5 1671 9583
22 Pleasant St Baldwinville Ma $49,000 Single-Family 4 2 1678 12196
98 Farrington Rd Barre Ma $194,900 Single-Family 2 2 1803 136342
331 Nichols Rd Barre Ma $149,500 Single-Family 3 2 2539 4
134 Valley Rd Barre Ma $134,900 Single-Family 3 1 1320 25700
27 Kendall St Barre Ma $55,900 Multi-Family 3 2 6000
650 Rathbun St Blackstone Ma $150,000 Single-Family 2 1 1076
9 Rocco Dr Blackstone Ma $229,900 Single-Family 5 3 1728 25264
34 Miller St Blackstone Ma $117,900 Multi-Family 5 2
310 Ballville Rd Bolton Ma $259,900 Single-Family 3 2 1000 43560
45 Auburn St Cherry Valley Ma $81,900 Single-Family 4 1 1624 54886
16 Blossom St Clinton Ma $99,000 Single-Family 4 1 1536 9900
56 Parker St Clinton Ma $149,900 Single-Family 3 1.5 1340
270 Chestnut St Clinton Ma $194,900 Single-Family 3 2 2179 10477
333 South St Douglas Ma $114,900 Multi-Family 6 2 88427
34 Main St Douglas Ma $168,900 Single-Family 3 2 1587 33461
68 Webster St Douglas Ma $189,900 Single-Family 4 2 1344 74662
5 Gilboa St Douglas Ma $79,900 Single-Family 4 1.5 1482 11854
61 W Main St Dudley Ma $89,900 Single-Family 2 2 1306 9147
7 Green St Dudley Ma $104,900 Single-Family 3 1.5 1230 6323
63 Marion St Fitchburg Ma $109,900 Single-Family 4 1.5 2041 6315
9 Phillips Passway Fitchburg Ma $105,900 Single-Family 4 2 1780 9675
34 Ellis St Fitchburg Ma $153,900 Single-Family 3 1.5 1375 18516
48 Bond St Fitchburg Ma $104,900 Single-Family 3 3 2162 9583
87 Prospect St Fitchburg Ma $149,900 Single-Family 5 3.5 3600 6970
45 Forest St Fitchburg Ma $49,900 Multi-Family 4 2 4351
54 Melrose St Fitchburg Ma $87,900 Multi-Family 9 4 5000
114 Beech St Fitchburg Ma $29,900 Single-Family 2 1 1030 12737
28 Constitution Dr Fitchburg Ma $127,900 Condo 2 1.5 1280
91 Saint Joseph Ave Fitchburg Ma $114,900 Multi-Family 4 2
68 Green Briar Rd Fitchburg Ma $129,900 Condo 2 1.5 1586
80 Marshall St # 84 Fitchburg Ma $49,900 Multi-Family 10 4 4792
357 Rollstone St Fitchburg Ma $69,900 Multi-Family 4 2
342 Townsend St Fitchburg Ma $104,900 Single-Family 3 2 1169 19500
34 Longedge Ave Fitchburg Ma $39,900 Single-Family 3 1 930 8895
113 Payson St Fitchburg Ma $41,900 Multi-Family 7 3 10267
749 Fifth Mass Turnpike R Fitchburg Ma $112,900 Single-Family 2 2 2002 104979
32 Catherine St Gardner Ma $102,900 Single-Family 3 1 974 9147
72 Euclid St Gardner Ma $42,500 Multi-Family 4 2 1408 7405
69 Prospect St Gardner Ma $149,900 Single-Family 5 2 2950 43560
151 Regan St Gardner Ma $49,900 Single-Family 3 1 1023 2308
509 Clark St Gardner Ma $129,900 Single-Family 3 2 1080
78 Catherine St Gardner Ma $81,900 Single-Family 3 1 1028 8085
24 Metcalf St Gardner Ma $109,900 Single-Family 3 2.5 1245
207 W Broadway Gardner Ma $69,900 Single-Family 3 1.5 1763 14710
1 Coventry Rd # 1 Grafton Ma $148,900 Condo 2 1 925
88 Laurelwood Dr Hopedale Ma $164,900 Condo 2 1.5 1440
45 High Bridge Rd Hubbardston Ma $124,900 Single-Family 4 1.5 1592 176418
121 High Street Ext Lancaster Ma $189,900 Single-Family 3 1.5 1402 16117
142 Center Bridge Rd Lancaster Ma $204,900 Single-Family 4 2 1872 33106
123 Henshaw St Leicester Ma $149,900 Single-Family 3 1.5 1056
48 King St Leicester Ma $69,900 Single-Family 3 1 1056
2 Scott Ln Leicester Ma $264,900 Single-Family 3 2.5 2640
44 Hemlock St Leicester Ma $164,900 Single-Family 3 2 1294 40001
60 Grove St Leicester Ma $99,900 Single-Family 2 2 1070 9782
46 Franklin St Leominster Ma $162,900 Multi-Family 4 2 146361
179 Pennacook Dr Leominster Ma $95,900 Condo 2 1.5 1107
100 Gordon St Leominster Ma $269,900 Single-Family 5 4 3492
38 Wedgewood Ln Leominster Ma $219,900 Single-Family 3 2 1562 13593
45 Stephens Rd Leominster Ma $189,900 Single-Family 4 2.5 1508
41 Judy Dr Leominster Ma $179,900 Single-Family 3 3 1600 12500
42 Fox Meadow Rd Apt G Leominster Ma $82,900 Condo 2 1.5 1152
21 Franklin St Leominster Ma $67,900 Single-Family 4 1.5 1754 29581
245 Water St Leominster Ma $129,900 Multi-Family 6 4 8000
30 Boscobel Ln Leominster Ma $194,900 Single-Family 3 2.5 1832 19525
347 Day St Leominster Ma $149,900 Single-Family 3 2 2268 30714
13b Carpenter Hill Road Mendon Ma $189,900 Condo 3 1.5 1624
6 S High St Milford Ma $154,900 Single-Family 3 2 1538 7405
13 Como Ct Milford Ma $129,900 Single-Family 3 1.5 1556 6000
63 S Bow St # 1 Milford Ma $169,900 Multi-Family 6 3 8200
21 Lee St Milford Ma $84,900 Single-Family 2 1 1023 7215
30 Congress St Milford Ma $199,900 Single-Family 3 3 1841 12000
31 1 2 Forest Street Milford Ma $134,900 Multi-Family 4 2 12000
44 Depot St Milford Ma $169,900 Multi-Family 4 2
80 Horne Way Millbury Ma $259,900 Condo 2 2.5 1794
71 S Oxford Rd Millbury Ma $119,900 Single-Family 3 1 1248 20000
7 Hilltop Ln Millville Ma $279,900 Single-Family 4 2.5 2464 64992
78 Gilbert St North Brookfield Ma $116,900 Single-Family 4 1.5 1476
106 N Main St North Grafton Ma $159,900 Multi-Family 4 2 2250 9147
54 E Street North Grafton Ma $101,900 Single-Family 3 1 920 10019
233 Brigham Hill Rd North Grafton Ma $229,900 Single-Family 3 2.5 1408 22216
5 Kimball Ln Northborough Ma $237,900 Single-Family 3 3 1235 29185
30 Shady Lane Ave Northborough Ma $125,000 Single-Family 3 2 1160 13939
1375 Quaker St Northbridge Ma $274,900 Single-Family 3 3 2508 229996
77 Sutton St Northbridge Ma $56,000 Condo 2 1 1129
720 E Hill Rd Oakham Ma $184,900 Single-Family 3 2.5 2104 130680
35 Brown Rd Oxford Ma $134,900 Single-Family 4 2 1512 67517
217 Old Webster Rd Oxford Ma $189,900 Single-Family 3 1 1688 56628
4 Harwood St Oxford Ma $139,900 Single-Family 3 1 960 12197
65 Quobaug Ave Oxford Ma $109,900 Single-Family 2 2 768 10890
33 Radford Rd Princeton Ma $79,900 Single-Family 2 1 908 25700
112 Brooks Station Rd Princeton Ma Single-Family 5 2.5 3820
20 Athens Ave Rutland Ma $39,900 Single-Family 1 1 744 10454
10 Skyline Dr Rutland Ma $239,900 Single-Family 3 1.5 2496 16553
11 Sassawanna Rd Rutland Ma $234,900 Single-Family 4 3 1872 100187
31 Elmwood St South Grafton Ma $227,900 Single-Family 3 1 1795 19602
149 Southville Rd Southborough Ma $150,000 Single-Family 2 1 754
4 Flagg Rd Southborough Ma $279,900 Single-Family 3 1.5 1196 43560
91 Pinedale St Southbridge Ma $142,900 Single-Family 3 2 1444 20950
19 Alpine Dr Southbridge Ma $69,900 Single-Family 4 1 1704 30387
10 Oak St Southbridge Ma Single-Family 3 1 1144
318 Clemence Hill Rd Southbridge Ma $66,900 Single-Family 4 2.5 2940
18 Benefit St Southbridge Ma $47,900 Multi-Family 5 2 0.12
9 A Cottage St Spencer Ma $94,900 Single-Family 2 1.5 1386 8331
24 Highland St Spencer Ma $104,900 Single-Family 5 1.5 2280 11059
252 Main St Spencer Ma $142,900 Single-Family 5 2 2849 24262
16 Langevin St Spencer Ma $129,900 Single-Family 4 2 1880 33080
104 Cranberry Meadow Rd Spencer Ma $149,900 Single-Family 2 1 980 24215
29 Princeton Rd Sterling Ma $139,900 Single-Family 4 2 1720 37170
15 Clemence Ave Sterling Ma $134,900 Single-Family 3 1 1508 40435
214 Charlton Rd Sturbridge Ma $124,900 Single-Family 5 2 1836 561052
21 Simpson St Sturbridge Ma $159,900 Single-Family 3 1 1248
21 Fiske Hill Rd Sturbridge Ma $119,900 Single-Family 3 2 1493
449 Central Tpke Sutton Ma $174,900 Single-Family 3 2.5 1364 225000
16 Hartness Rd Apt 3 Sutton Ma $12,900 Condo 1 1 781
5 Sunrise Dr Sutton Ma $170,900 Single-Family 1 1 616
49 Otter River Rd Templeton Ma $126,900 Single-Family 1 2 1050 43996
5 Pease Rd Upton Ma $379,900 Single-Family 4 3.5 2759 33977
15 Autumn Rd Uxbridge Ma $314,900 Single-Family 6 3.5 3640
127 Old Millville Rd Uxbridge Ma $150,000 Single-Family 3 1.5 1248
89 E Hartford Ave Unit 2b Uxbridge Ma $165,000 Single-Family 3 1.5 1488
15 Eddy St Webster Ma $84,900 Single-Family 2 1 1100 5100
8 Wellington St Webster Ma $69,900 Multi-Family 8 2
11 Highcrest Park Webster Ma $114,900 Condo 2 1.5 1536
26 3rd St Webster Ma $149,900 Single-Family 3 1 1404 14222
1 4th St Webster Ma $104,900 Single-Family 3 2 1184 5101
129 Sutton Rd Webster Ma $139,000 Single-Family 4 2 1782
34 Fisher St Westborough Ma $169,900 Single-Family 3 2 1286 12778
48 Water St Westborough Ma $159,900 Single-Family 2 1 1191 11946
120 East Rd # 120b Westminster Ma $169,900 Single-Family 3 2.5 1442
419 S Ashburnham Rd Westminster Ma $134,900 Single-Family 3 1.5 1146 60984
104 State Rd W Westminster Ma $79,900 Single-Family 2 1 970 30056
128 Linwood Ave Whitinsville Ma $69,900 Single-Family 9 2 3400 24683
263 Spring St Winchendon Ma $81,900 Single-Family 3 1 1131 21605
3335 Beech St Winchendon Ma $77,900 Multi-Family 4 2 7405
10 Maynard St Winchendon Ma $59,500 Single-Family 3 1 1262
212 Maple St Winchendon Ma $27,900 Multi-Family 4 2 10890
41 Mill Glen Rd Winchendon Ma $99,900 Single-Family 2 1 976 96137
391 Burncoat St Worcester Ma $139,900 Single-Family 4 1 1485 5800
71 E Mountain St Worcester Ma $74,900 Single-Family 3 1.5 1176 68389
15 Ludlow St Worcester Ma $129,900 Single-Family 2 2 1056 10938
24 Navasota Ave Worcester Ma $89,000 Single-Family 3 1 1310 6600
20 Quaboag St Worcester Ma $79,900 Single-Family 3 1 1149 10000
13 Mildred Ave Worcester Ma $94,900 Multi-Family 6 2 5000
8 Cutting Ave Worcester Ma $89,900 Single-Family 2 1 1230 6600
73 Camelot Dr Worcester Ma $144,900 Condo 2 2.5 1530
143 Providence St Apt 3 Worcester Ma $42,900 Condo 2 1 727
11 Gibbs St Unit E72 Worcester Ma $54,900 Condo 2 2 870
35 June St Worcester Ma $139,900 Single-Family 4 1.5 1980 4800
201 Wildwood Ave Worcester Ma $130,000 Single-Family 2 2 1080 32398
52 Wigwam Hill Dr Worcester Ma $124,900 Single-Family 2 1.5 1059 4139
99 Andrews Ave Worcester Ma $120,000 Single-Family 3 1 895 5000
44 Greencourt St Worcester Ma $164,900 Single-Family 3 2.5 2008 7438
270 Sunderland Rd # 94 Worcester Ma $89,900 Condo 2 1.5 900
14 Judson Rd Worcester Ma $169,900 Single-Family 3 2 1522 5868
26 Nome St Worcester Ma $164,900 Single-Family 4 2 1508 10000
21 And 21a Summerhill Worcester Ma Multi-Family 7 4
2 Apricot St Apt 14 Worcester Ma $62,900 Condo 2 1 736
30 Mount Vernon St Apt C Worcester Ma $99,900 Condo 2 1.5 983 4664
35 Cataract St Worcester Ma $274,900 Single-Family 4 2.5 2192 8666
38 Boston Ave Worcester Ma $74,900 Single-Family 3 1.5 1272 4770
19 Barclay St Worcester Ma $54,900 Multi-Family 9 3 4311
11 Rice4 Worcester Ma $69,900 Single-Family 2 1.5 1040
31 Grammont Rd Apt D Worcester Ma $99,900 Condo 3 1.5 1276 2200
11 Elizabeth St Worcester Ma Multi-Family 6 3
127 Fairfield St Worcester Ma $94,900 Multi-Family 6 3 2795
51 Mcclintock Ave Worcester Ma $199,900 Single-Family 3 1.5 2238 9019
12 Royal Rd Worcester Ma $94,900 Single-Family 4 1.5 1838 9096
16 Fairfield St Worcester Ma $119,900 Single-Family 4 1 1464 11208
101 Pineland Ave Worcester Ma $199,900 Single-Family 3 2 2108 13000
5 Benefit Ter Worcester Ma $69,900 Multi-Family 8 3 2990
801 Pleasant St Worcester Ma $119,900 Condo 3 1 1488
23 Camp St Worcester Ma $64,900 Multi-Family 4 3 6069

Open Sunday 2pm to 3:30 – 179 Rocky Road Northbridge (Whitinsville)

February 9, 2012

It’s not just for ice cream – this colonial is priced well and the sellers are motivated!  NOT a short sale so a quick close is possible.  On a beautiful tree-lined cul-de-sac filled with comparable homes this one stands out!  Massive family room with fireplace, new hardwoods, first floor office with cathedral ceilings and tons of natural light, electric dog fence, 2 car garage, deck…the list goes on to include a master bedroom with private bath and walk in closet.

Stop in the open this Sunday at 2pm and see what 2900+ sq feet can get you!  At $144 a square foot to purchase – it’s a steal in this neighborhood!

Sunday, 2/12

2pm to 3:3opm

179 Rocky Road

Northbridge (Whitinsville), MA  01588

Open Sunday 2pm to 4pm – Flagship Home in Holden with seller financing

February 6, 2012

whoa…that’s all I can say when I walk in this house…

1565 Main Street in Holden is everything you want in upgrades and it’s BRAND NEW! Recently renovated from the studs forward this home has it all with maximum flexibility….in law, media room, first floor master, four bedrooms, 3 full bathrooms and LUXURY! Fireplace, granite, mosaics, etched glass doors, mirrored pocket doors, hardwoods, central air, security system…and FLEXIBILITY! Can be commercial zoned, can be a multi family, can be a single family and can be seller financed.

Check out the pictures and then check it out in person on Sunday, February 12th 2pm to 4pm.

Have questions or would like to schedule a private showing? Let me know…

Short Sale Update in Central Mass

February 6, 2012

Amy Mullen and Pam Crawford give a little update on the Short Sale process in Worcester County…

Many short sales behind them they have recently closed several more the end of 2011 and January 2012. The most noted change in the process is that the process is still long, and bank seem to be countering buyers more. However the homes are still closing for significantly less than market value.  It’s a good way for a buyer to get a good price on a home and allows the seller to have a dignified solution to their issue.  A short sale allows the seller to have more control over when they leave the property and a much better effect on their credit and income in the long run.

All in all – despite the recent challenges in short sales in Worcester County it’s a very viable solution for both sides of the transaction.

For more information:  dontforeclosenow.com

Ten Super Bowl Trivia Fun Facts

February 5, 2012

In the spirit of Super Bowl – the price changes and new listings will be announced later…instead…use this at the game day party!

Q: Where was the first Super Bowl held?

A: Super Bowl I was held in Memorial Coliseum in Los Angeles on Jan. 15, 1967. The Green Bay Packers beat the Kansas City Chiefs, 35-10.

Q: Which NFL team has played in the most Super Bowls?

A: The Pittsburgh Steelers and Dallas Cowboys have each played in 8 of them. The Steelers have won six of those games (also a Super Bowl record). The Cowboys have a 5-3 record.

Q: Which NFL teams have never played in the Super Bowl?

A: The Cleveland Browns, Detroit Lions, Jacksonville Jaguars, and Houston Texans.

Q: How many Super Bowls have the Patriots been in, including Super Bowl XLVI? How about the Giants?

A: This is New England’s 7th trip to the Super Bowl. It’s New York’s 5th trip.

Q: Super Bowl XLVI is a rematch of Super Bowl XLII between the Patriots and the Giants. Can you name the other Super Bowl rematches (hint: there are four other sets of teams)?

A: The Cowboys and the Steelers collided in Super Bowls X, XIII, and XXX. The Steelers won the first two; Dallas won Super Bowl XXX.

The Cowboys and the Buffalo Bills played in consecutive years in Super Bowls XXVII and XXVIII. Dallas won both games.

The San Francisco 49ers and the Cincinnati Bengals met in Super Bowls XVI and XXIII. The 49ers won both games.

The Miami Dolphins and the Washington Redskins tangled in Super Bowls VII and XVII. They split the series.

Q: Who holds the Super Bowl record for most rushing yards in a game?

A: Timmy Smith of the Redskins ran for 204 yards and two touchdowns in Super Bowl XXII against the Denver Broncos. Pretty amazing, considering that he only ran for 602 yards and three touchdowns in his entire NFL career.

Q: Who is the only player to earn the Super Bowl MVP honor from the losing team?

A: Linebacker Chuck Howley of the Cowboys won the MVP award after his team lost to the Baltimore Colts in Super Bowl V, 16-13.

Q: What was the biggest blowout in Super Bowl history?

A: The 49ers beat the Broncos in Super Bowl XXIV, 55-10. Ouch.

Q: What was the closest game in Super Bowl history?

A: The Giants beat the Bills, 20-19, in Super Bowl XXV. Bills kicker Scott Norwood missed a field goal as time expired. Interestingly, the Giants’ defensive coordinator that year was Bill Belichick while the team’s wide receivers coach was Tom Coughlin.

There has never been an overtime game in Super Bowl history.

Q: Madonna will be performing the halftime show at Super Bowl XLVI. Who performed the halftime show in Super Bowl I?

A. The Universities of Arizona and Michigan bands. There were no reported wardrobe malfunctions.

Now get off the computer and go have fun!

New rental in Shrewsbury!

February 1, 2012 — 2 Comments

This one bedroom condo in Shrewsbury Commons is all about VALUE and “living life”! Great commuting location and the rent includes 2 parking spaces, 2 pools, in building laundry, library with free wifi, tennis courts, playground and gym! They take care of the snow removal, grass cutting and hot water. All you have to worry about is what’s in the fridge to cook for dinner! Nice 3rd floor location gives a great view from the balcony. This is great place to call HOME at the end of the day!

Rent includes:

2 parking spaces

hot water

water/sewer

Use of 2 swimming pools

Use of gym

Use of library with free wifi

Storage space

Playground

Tennis courts

Laundry in the building

Snow plowing

 

The top five discussions from the State of the Union to the Housing Market

January 29, 2012

The State of the Union address and the upcoming Florida GOP primary are bringing new and much-needed attention to housing issues.    Here are the top five articles on the housing crisis and how the politicians are looking at it.

President Barack Obama’s proposal for enhanced refinancing efforts sparked a new dialogue among members of Congress and the media after the State of the Union Tuesday. Issues like the size of down payments, principal write downs, and how to take advantage of low interest rates are suddenly gaining traction among lawmakers. Even the GOP candidates for president are having to face the housing crisis as they campaign in Florida, a state hard hit by foreclosures.

Associated Press: After Obama Speech, Three Arguments for Housing

President Barack Obama said in his State of the Union speech that he wanted to help struggling home owners refinance their mortgages. The Republicans who want his job say the government should get out of the way of the housing market. But some experts advocate something much bolder to provide relief to the 11 million home owners in the United States who owe more on their mortgages than their houses are worth.

MSNBC Bottom Line: Home Buying Could Soon Beat Renting

Falling home prices have sent many would-be buyers to the sidelines. If all goes well, record low interest rates and rising rents may soon prompt some of them to take a second look at buying.

New York Times (Bucks): Big Down Payments Could Bar Creditworthy Borrowers From Market, Study Finds

Requiring a minimum down payment of 20%, or even 10%, on home loans would push many creditworthy borrowers into higher-cost loans or out of the mortgage market entirely, a new study says.

HouseLogic: Finally Some Talk on Home Ownership; Will Action Follow?

It was nice to finally hear a politician talking about solving our housing market woes — the bull’s-eye in terms of economic recovery. Aiming to strike a populist chord with voters, President Barack Obama asked Congress Tuesday night during the State of the Union to pass a mass refinancing effort that would help home owners take advantage of today’s lower mortgage rates.

USA Today: Florida Primary Turns Spotlight on Housing Bust’s Fallout

As the GOP presidential contest heads to Florida, the Jan. 31 primary looms as the first in the nation where declarations by Romney and former senator Rick Santorum that housing should be allowed to bottom out will be judged by voters in markets where the housing bust has been concentrated.

What do you think?

New listing in Northbridge! Perfect cul-de-sac setting with one year home warranty – NOT A SHORT SALE!

January 25, 2012

That’s right!  Not a short sale so don’t be fooled by lower priced homes in the area – this one is well maintained with a new back deck, new hardwoods, granite top breakfast nook and comes with a one year home warranty.  Located at 275 Rumonoski Drive which is known for having people DRIVE into the neighborhood to take their jogs or a walk.  So peaceful!

All appliances included – huge basement that is begging to be finished – huge back yard with new fencing.