Medford, MA Real Estate News

By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
Spring is in the air, but we’re not seeing a “typical” spring market, at least not yet in Medford. Spring is historically when the most number of buyers come out to look at homes. Normally by April there is a frenzy of sellers putting their homes on the market to coincide with the rush of spring buyers. That’s not happening so far. . . What does that means? Well, if you’re looking to sell, it’s a lot easier to get your house to stand out when there is less competition. If you’re looking to buy, it means you need to have patience in this market in order to find the right house. If you’re a number cruncher like me, here are the latest statistics for real estate in Medford: If you’d like to compare, here are Medford’s real estate statistics for January 2009 and the real estate market updat...
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By Bart Foster, Boston MA Real Estate
(Keller Williams Realty Boston - Metro)
        Though you have to look closely at the 3rd picture, just above the sink, is notification that this home has been winterized. This is the tale of one sellers need to sell, a listing I initially had as an overpriced market sale (and previously blogged as PU, a problem with cat urine) that later expired, relisted as short sale.. expired, and two years later foreclosed on. The sad thing is it really did not have to go down this way. In the end the home sold for almost $200K off the top. Had the seller only listened to two competent agents suggestions to get the price down, even if it meant taking a loss (going for a short sale), the seller, bank and investors could have made out so much better. In the end, the house that was once a home was disgraced by flyers posted at every turn t...
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
Are you thinking about possibly selling a piece of real estate or selling your home and moving up but have questions about today’s market? Please join me for a free seminar and get your real estate questions answered. When: Monday, April 6th from 7:30 - 9:30 PM Where: Medford Fire Station 5 Zero Medford Street (at the intersection of Medford Street and Main Street) Each spring and fall I team up with a local real estate attorney, John Masciarelli, and we offer a free seminar to the public to help educate people about what to expect if you decide to sell your property. John and I discuss marketing, the legal aspects of selling, current market conditions and leave plenty of time for your questions. Learn What To Expect In This Market When Selling Your * SINGLE FAMILY HOME* MULTI-FAMILY * ...
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By Tresa Casaletto
(RE/MAX Andrew Realty Services)
It is March 27, 2009, the end of the first week of spring.  Today is a wonderful warm day and the big question on many minds here in Massachusetts is "Is the cold weather over?"  Many signs say yes; the first flowers of spring are in full bloom, the huge piles of snow have melted away and the days are getting longer.  Of course, we just suffered through a few nasty cold and windy days that felt more like winter than spring but today reminds us soon we can put away our heavy overcoats and put on some sunscreen.  One way or another, summer is coming. Another question many real estate professionals are pondering is "Has the housing market come around?"  Here too are many signs of encouragement.  In our areas, inventories have dropped, buyers are again actively looking and more properties a...
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
When was the last time you went to your local library? As a kid, one of my favorite trips was to the library. There were so many books to read, so many adventures to have! My first job in high school I was a page at the Medford Public Library. Then, somehow, my reading habits changed. Instead of going to the library, I was buying books online or downloading them and reading them on my Treo. But thankfully I have rediscovered the wonder of my local library! The Medford Public Library is part of the Minuteman Library Network which means that you can go online and search through all of the books available at 35 public libraries and 6 college libraries. A few weeks ago a client of mine (thanks Jen!) recommended I read The Not So Big House. I went to the Medford Public Library online and put...
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
As you drive up Route 93 heading north from Boston, you’ll notice something new spinning in the wind - the McGlynn MiddleSchool in Medford, MA has a wind turbine! If you’ve been reading this blog, you already know that I’m a Prius-driving tree hugger (and proud of it) so you can imagine how excited I am about the wind turbine. I’m especially pleased at the choice of locations since it brings alternative energy models directly to students. Sean O’Connor, a 6th grade teacher at the McGlynn (an all around great guy and client of mine!) was just featured on WBZ while teaching his students about wind power. The wind turbine will supply about 10% of the school’s energy needs, saving the city of Medford approximately $25,000 a year.
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
Looking for ways to cut your energy usage and save some money? On March 4th there will be a free seminar at Medford City Hall called Introduction To Home Energy Savings. They'll be going over inexpensive solutions you can do yourself.           Introduction to Home Energy SavingsWednesday March 4th from 6 - 8 PM Medford City Hall - Alden Chambers 85 George P. Hassett Dr., Medford, MA 02155 RSVP to PBarry@Medford.org  
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By Tom Lee
(ERA Andrew)
I am always curious and somewhat concerned when the majority opinion on any issue is all one way. Such popular opinons have the uncanny tendancy to be at least mistaken. My hope for the lastest such trend, and with a little knowledge that many of the loudest recent headlines are based on lagging indicators, is that the worst of our " current" downturn is in fact behind us, and we will hear about in going weeks. Who is with me for a little positive thinking?   
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
The Medford Transcript is running a poll to see what residents think of bringing the Green Line of the MBTA to Route 16. Make sure your voice is heard and vote in the Green Line poll. As of today, February 14th, an overwhelming number of people who have voted agree with me and want to see this happen.
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By Elizabeth Bolton, Cambridge MA Realtor
(RE/MAX Destiny Real Estate Cambridge, MA)
I live and work in a hotbed of colleges and universities: Harvard, MIT, Cambridge College, and Lesley in Cambridge, Tufts in Medford, and Boston University, Simmons, Berklee College, Northeastern, and Emerson in Boston to name just some of them. Colleges and universities are certainly good for business - newly hired professors, graduate students, and parents buying a place for their child to live in while attending school - all help to keep the real estate business moving and property values strong. The schools also have a huge impact on quality of life.  There's a liveliness to the streets and there are plenty of cafes, bars, funky shops, restaurants, and bookstores that stay in business because of the students.  Accomplished and interesting people spend a portion of their lives in our...
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
Yes, gas prices are no longer $4.00 a gallon, but alternative energy options and increasing public transportation are no less important. On Tuesday, February 3rd there will be a meeting regarding the Green Line extension of the MBTA. At this meeting the Executive Office of Transportation will present its "preferred alternative" for the terminus of the Green Line - either at College Ave. or Route 16 (the Mystic Valley Parkway). The meeting is from 4-6 PM at St. Clement's Parish Hall, 579 Boston Ave., Medford. The Medford Green Line Neighborhood Alliance has all of the information and a petition you can sign to support bringing the Green Line to Route 16, near the borders of Medford, Arlington and Somerville so that more people can walk to public transportation.
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
Welcome 2009! It will be interesting to see what changes happen in the upcoming year. We're already seeing some changes in the real estate market in Medford, MA and I'm sure I'll surprise some people because there are some positive changes. Real Estate Statistics As of January 2009 It's been a little over 2 months since I showed the the last market update for Medford and I thought it would be interesting to compare what was going on in the market at the end of October versus now at the very beginning of January. Real Estate Statistics As of October 2008 The first thing you'll notice is there are significantly less single and multi family homes for sale right now. This is to be expected because many people choose to take their properties off the market during the holidays and wait until ...
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The Powder House Square Condominiums in Medford lies on the Somerville Line . It is a 10 minute walk to Davis Sq and Tufts University. It is a pet friendly building, which is close to Route 2, Ma Pike, 93, 95 and Wellington T Station. There is a total of 55 units in the building and, 75% are owner occupied. 3 units are currently available. Great opportunity to live in a professionally maintained building with, extra storage, and one deeded  garage parking space.  Unit 1: List Price: $294,900, Bedrooms: 2 Bathrooms 2, Living Area: 1009 sq. ft, Assc. Fee: $298 Unit 2: List Price: $299,900, Bedrooms: 2 Bathrooms 2, Living Area: 1009 sq. ft, Assc. Fee: $298 Unit 3 List Price: $319,900, Bedrooms: 2 Bathrooms  2, Living Area: 1026 sq. ft, Assc. Fee: $303  If you would like more information a...
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If you would like pictures or listing sheets of the properties below please e-mail me at TucciRealEstate@gmail.com. MLS #: 70840292 Status: ACT DOM: 71 Rent Price: $950 List Date: 10/24/2008 28 Benham St U:1 Medford, MA 02155 Rooms: 3 Bedrooms: 1 Baths: 1 / 0 Style: Apartment Living Area: 791 Deposit/Reqd: $0/No Rnt Term: Tenant at Will Remarks: Great location near "Tufts" 1st floor of a 2 family with 1 bedroom/3 rooms that includes heat/hot water..washer/dryer in the unit.. Heat: -- AC: Rnt Includes: Heat, Hot Water Orig. Price: $900 MLS #: 70840730 Status: ACT DOM: 66 Rent Price: $1,200 List Date: 10/29/2008 147 Arlington U:2 Medford, MA 02155 Rooms: 6 Bedrooms: 2 Baths: 1 / 0 Style: Apartment Living Area: 1410 Deposit/Reqd: $1250/Yes Rnt Term: Lease Remarks: Nice 6 rooms 2large bedro...
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Medford, Massachusetts December 08' Market Report  Dan TucciREALTOR®American Hallmark RealtorsTucciRealEstate@gmail.com (617) 816-7603 Medford currently has 50 Single Family Listings for sale through the Multiple Listing Service (MLS), The average asking price is $361,983, and the average days on the market for those homes for sale has been 157 days. Medford currently has 79 Condominium Listings for The average asking price is $327,647 and the average days on the market for those homes for sale has been 116 days. Medford currently has 43 Multi-Family Listings for sale. The average asking price is $432,439 and the average days on the market for those homes for sale has been 169 days. During the month of December, we have seen 7 Medford, Ma single family homes under agreement.  The averag...
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Courtesy of Dan Tucci,Realtor®American Hallmark Realtors617-816-7603 TucciRealEstate@gmail.com The "Old Medford High Condos"  are located on 48 Forest St. in Medford, Ma. These condominiums are a 5 minute walk from historic Medford square which includes restaurants, entertainment and the Mystic River that runs through old Medford. This building was built in 1894 and was used as Medford High School. It was then converted into 111 condominiums by 1984, according to the Multiple Listing Service. Features of the Old School include an indoor heated swimming pool, tennis courts and an indoor garaged parking area. The Forest street area has always been one of my favorite areas of Medford, because of the proximity to Medford square and because my great grandpartents lived many years on this be...
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Courtesy of Dan Tucci,Realtor®American Hallmark Realtors617-816-7603 TucciRealEstate@gmail.com  6 Units available are now at Medford's new Station landing complex. The Station Landing area offers waterfront views which are in walking distance of restaurants, entertainment, shopping and services. This area is great for someone who is commuting in and out of Boston.  It has the convenience of the Orange Line which runs though the heart of Boston. The area of Wellington in Medford, Massachusetts is also a close driving distance to Tufts University, Logan Airport, Cambridge, Somerville and Boston. Starting price is $473,000 for a luxury two bedroom unit. If you would like more information about these condominiums or if you or someone you know is looking for real estate in this area, please ...
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 Medford, Massachusetts November Market Report Dan TucciREALTOR®American Hallmark RealtorsTucciRealEstate@gmail.com (617) 816-7603 Whether you are buying or selling a property in Middlesex County, my goal is to provide you with the resources and tools you need to make a smart and stress free real estate investment. As of November 19, 2008 here is the status of the Real Estate market in Medford, Ma. Currently, there are 61 single family homes on the MLS (Multiple Listing Service) in Medford Mass. They range from $185,900 to $769,000. Currently, there are 81 condos on the MLS in Medford Mass. They range from $159,900 (Riverside Ave.) to $673,900 ( Station Landing). On the Multi-Family front, there are 55 properties on the MLS in Medford. The lowest priced two-family starts at $199,500 (ro...
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By Jill McTague, DebOnTheWeb & Associates - Medford, MA Real Estate
(RE/MAX Andrew Realty Serfvices)
Okay, I'm from Boston and you know that we don't like pronouncing our "R's". but what’s better than culture? Free culture! If you have a Bank of America check, credit or ATM card, then you’ll be eligible to go to museums for free on the 1st weekend of every month. This weekend if you bring your BOA card along with your ID, you’ll be able to get into the Museum of Fine Arts in Boston (a perennial favorite of my family) The Harvard Museum of Natural History in Cambridge (which I visited in the spring with my nieces and we all really enjoyed it, especially all of the beautiful geodes) The Danforth Museum of Art in Framingham The Decordova Museum and Sculpture Park in Lincoln Get more information on BOA program for getting into museums for free. Looking to save on entrance fees without goin...
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Medford, MA Real Estate Professionals