Archive for Real Estate

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Tax tip for property owners in Gloucester MA

Rounding up tax info?  It always seems I have most of the information but not all of it…:) The Gloucester MA city site: http://gloucester-ma.gov/ is a great resource to view & gather information on your total property taxes and sewer/water costs (for landlords).  In case you are like me and can’t always find this information easily in my own home, the city website has it all neatly filed in one location. Once you are on the city site:

City of Gloucester Website - Home page

“click” on the tab (left side of page) that says “online services”.  That will bring you to this page:

City of Gloucester Website - Online services page

The property tax records and water/sewer bills can all be accessed by “clicking” on the highlighted type.

The next page will then ask you for your address or parcel ID number.

City of Gloucester address page for online tax records

If you are unfamiliar with your parcel ID number, it can be found in the “assessors” records online , on a tax or water bill or by calling our helpful Gloucester assessors office. Fill in the address and voila the computer does what computers do and you have your annual records in front of you!

Has the real estate market hit bottom? Yes!!!

Radio Boston logo

In Housing Market, Uncertainty Reigns

(haglundc/Flickr)(haglundc/Flickr)

In recent days, we’ve been a hit by flurry of reports about an increasingly weak housing market and falling home prices in the Boston area. Just Tuesday, a new forecast projected a drop in Massachusetts home prices by as much as 6.5 percent.

So how bad is it? Are we heading toward a double-dip? Or has the market hit bottom? Some analysts say we can expect the market to begin to recover in the coming months. Are they right?

As the spring home sale season heats up, many prospective buyers and sellers are caught in the middle of a market in transition. Is it a good time to buy? Should owners be looking to sell?

We speak with housing experts on the state of the market.

Do you have a question about the housing market in Massachusetts? Are you looking to buy or sell a home? Do you rent because you’re too scared to buy?

Leave your thoughts and questions in the comments or on our Facebook page.

Guests:

  • Scott Van Voorhis, real estate blogger and columnist, Boston.com.
  • Karl Case, retired Wellesley College economist; co-founder, Case-Shiller Index
  • Patty Knaggs, real estate agent based in Beverly
  • Curt Nickisch, business & technology reporter, WBUR


 

How NOT to stage a house for sale …

I just came from an open house here in Gloucester. Nice property, expensive, great ocean views. But someone forgot to tell the seller that a huge “no no” is displaying any of the following:
  • Clowns
  • Dolls
  • Shrunken heads
  • Stuffed game, birds or pets
  • Guns
  • Any clown, doll, shrunken head or stuffed animal HOLDING a gun.

If you’re selling, it’s a good idea to hire an agent that uses a professional stager. Then take the stager’s advice and remove the things that could turn off a potential buyer. In this market, you can’t afford to offend anyone.

Two Very Sexy Real Estate Web Sites

Sexy Real Estate

Houzz.com gets my vote for the most seductive web site I’ve seen in a long while. I love home design both exterior and interior. Getting a great idea and excecuting it to meet my wallet and specific needs is a challenge I truely savor. This website is so “deep” with pictures (dare I say unlimited?) and ways to use the site, it has been a pleasure being snowed in! Anyone else find any neat sites this past week waiting for the plow to pass by? Curbed.com is another one I was introduced to this week, but I’m not sure how useful the information is…being a lot more like a People magazine for the real estate world. That being said, it does grab me whenever I go there for a visit!

We get asked this ? all the time …

  • Should You Move or Remodel?

    When your house no longer suits you, you can move or remodel. Find out which big change is the right investment of your housing dollars. Read

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

What’s a Cape Ann ocean view worth?

Cape Ann MA Map

Like our diverse population, Cape Ann’s waterfront properties have dramatically different types of views. But for this analysis, let’s keep it simple and boil them down to 2 types: open ocean/endless horizon views vs. boat/harbor/beach views. Eastern and northern facing properties tend to be in the “open ocean” category with their dramatic sunrises, crashing ocean front and long horizon views to NH and ME. The boat/harbor/beach view properties tend to be on the western and southern side of Cape Ann, with many on one side or the other of the Annisquam River, a deep, tidal, salt water estuary about 5 miles long that’s open to the Atlantic on both ends. Gloucester’s long and wide working harbor accounts for the vast majority of the harbor views.

Read More→

Our $1M+ real estate market

With miles of beaches and ocean vistas, the Cape Ann communities of Gloucester and Rockport MA have permanent spots on the short list of MA’s “most wanted” ocean addresses. Nationwide, real estate parcels with water views are selling briskly and the Cape Ann market is no different. Over the last decade, 2005 and ’06 had the highest # of $1M+ “water” sales at 26 and 24 respectively. 2010 currently has 21 closed $1M+ transactions and 2 more that should close before the year is out. 2007, ’08 and ’09 bottomed out with 16, 17 and 16 sales.

The median $M+ sales prices on Cape Ann peaked in 2006 at $1.71M and is currently at $1.38M, about 20% less.

What’s it all mean? Sellers have finally aligned their pricing expectations and savvy buyers are getting “ocean views” for a lot less. Look for 2011 to be the year we’ll be talking about some day as in “I wish I had bought in ’11”.

Short sale nightmare in Beverly MA

A friend and real estate colleague just finished telling me about her recent short sale nightmare. It seems she found a buyer for her client’s house. The bank accepted the short sale offering and was processing the sale, talking to the investor , etc. As the sale was coming together, the foreclosure process was well on it’s way and the auction date had been set. The bank sent notice to the investor telling them to postpone the auction because a sale was imminent. Read on … Read More→

What’s a CLUE report? Better read this …

Visit houselogic.com for more articles like this.

Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®