Quincy Massachusetts Homes Sold Report for the First Quarter in 2010 Quincy MA real estate activity in first quarter of 2010 reports 75 homes sold which is substantial increase over 2009 numbers.  In 2009 there were 60 homes sold which is -25% less than 2010 activity.  Sales activity is approaching the 2007 sales numbers which were at 77 homes sold. The average sales price increased from $315,028 in 2009 to $330,893 in 2010.  The median sales price also was on the upswing from $309,000 to $335,000.  The average days on market is near normal at 90 days and the sales price to list ratio is at 96%.  It appears that the bottom of the current real estate market occurred in the first quarter of 2009 as we have had a year over year increase as well as two consecutive quarters of increased acti... 04/17/2010

Quincy MA Foreclosures, Short Sales and Bank Owned Real Estate for Sale Purchasing a home at a Quincy MA foreclosures auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. To search the MA MLS listings visit Quincy MA MLS listings. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real estate agent ... 04/11/2010

In 2006, this four room condo was completely updated and remodeled with two spacious bedrooms, stackable laundry, a beautiful kitchen with granite counters, tile backsplash, breakfast bar, stainless appliances and updated fixtures.  There are hardwood floors, generous storage areas and a large backyard.  The condo fee is a very reasonable $120/month and the asking price is $195,000.  For a private showing call Susan Morrison at 617-686-8178. 03/25/2010

When buying a home, the old adage applies:  caveat emptor.  This old saying means "buyer beware."  When applied to real estate transactions, this simply means that buyers must ultimately do their own due diligence when purchasing a home.   We all know we have ethical obligations to adhere to when we represent buyers and must make material disclosures that we know would be important in a buyer's decision to buy a house.  We can help buyers in this process by giving advice on topics pertaining to schools, commuter routes, town services etc. However, at the end of the day, due diligence is up to the buyer.  If buyers are making quick decisions, it is always best to remind them that a quick decision to buy does not need to be a sloppy decision.  Suggesting that they take a walk around the n... 02/20/2010

Buyers who have less than stellar credit and small down payments usually go F.H.A.  The F.H.A. has two new guidelines out this month that are stricter than before.  Remember, the Federal Housing Administration "F.H.A." does not make loans; rather, it insures mortgages from lenders who would not otherwise offer loans to those who can make down payments of only 3.5 percent and who have credit scores of 620 or less.  The F.H.A.'s lending limit is $729,750.  Two changes from the F.H.A.: 1) Usually borrowers pay an F.H.A. insurance premium two ways: with an upfront fee that can be included in the total loan amount and amortized over the life of the mortgage, or in a monthly fee.  Now, the upfront fee jumps to 2.25 percent of the loan amount from 1.75 percent, adding about $1,000 to a $200,00... 02/04/2010

The Sea Winds condo complex is conveniently located on the northern side of the City of Quincy. Edgewater Place is in a prime location just minutes to downtown Boston. It is a 5 minute ride to route 93 North and 93 South. You can walk to T, Wollaston Beach and Marina Bay. These condos are apartment style condos. The condo complex is made up of primarily of 2 bedroom units.There are 150 units in the complex. Units do come with surface deeded parking or covered garage parking as well. Units feature in unit washer/dryers. There is a small workout room in the complex. The complex does have a small pool. As of this writing, there were 9 closed sales in the Sea Winds Condo complex Quincy in 2009. The average sales price of these 2 condos in Edgewater Place was $209,825. The average time to ge... 12/14/2009

According to the MLS for Quincy Massachusetts Real Estate, here are the homes with open houses in Quincy Mass today. 52 Sherman  Quincy, MA   8 room, 3 bed, 1.5 bath Colonial/ $369,900    152 Winthrop St  Quincy, MA : Houghs Neck   7 room, 3 bed, 1.5 bath Colonial / $339,000    166 Pine Street  Quincy, MA   8 room, 3 bed, 1.5 bath Colonial / $345,000    42 Ruggles Street  Quincy, MA   8 room, 3 bed, 1 bath Colonial / $349,900    121 Bromfield St  Quincy, MA : Wollaston   7 room, 4 bed, 1 bath Colonial / $429,900    161 Phipps St  Quincy, MA   7 room, 3 bed, 1 bath Cape / $309,000    13 Essex St  Quincy, MA : Squantum   9 room, 5 bed, 2.5 bath Contemporary /$468,500   If you have any questions about Quincy Massachusetts Real Estate - Please call us at 617-648-3983. Find out What Homes ar... 12/13/2009

The Edgewater place condo complex is conveniently located on the northern side of the City of Quincy. Edgewater Place is in a prime location just minutes to downtown Boston. It is a 5 minute ride to route 93 North and 93 South. You can walk to T, Wollaston Beach and Marina Bay. These condos are apartment style condos. The condo complex is made up of some 2 bed units, primarily 1 bedroom units and the remainder studio units. There are 158 units in the complex. Units do come with surface deeded parking. The units do not feature in unit washer/dryers, however there is a common laundry room on the first floor. The complex does have a small pool. As of this writing, there were 2 closed sales in the complex in 2009. The average sales price of these 2 condos in Edgewater Place was $154,000. Th... 12/13/2009

The Louisburg Square condo complex is conveniently located on the northern side of the City of Quincy. Louisburg Square is in a prime location just minutes to downtown Boston. It is a 5 minute ride to route 93 North and 93 South. You can walk to T, Wollaston Beach and Marina Bay. The style of all of the units are townhouse style. The majority of the units have 2+ beds and 2.5 baths. The units all feature in unit laundry. The complex is well manicured complete with a pool, tennis courts and a clubhouse. The complex is pet friendly. The complex is comprised of 170+ units. As of this writing, there were 7 closed sales in the complex in 2009. The average sales price of these 7 condos in Louisburg Square was $268,000. The average time to get a condo in Louisburg Square sold was about 85 days... 12/11/2009

To be Held November 29th at 12:30  The City of Quincy will host its annual slate of Christmas events beginning on Friday, November 27th with the Turning on of the Christmas Lights. Santa and his elves will arrive by parachute on November 28th and the 57th Annual Chrismas Parade will be held on Sunday, November 29th at 12:30. All events are free and open to the public. - Turning on the Christmas Lights - (Friday evening, 11/27, 7:00 PM) Note: this event will take place in the President Place Galleria (across from City Hall) - Santa's Arrival by Parachute (3 elves) - (Saturday, 11/28 @ 12:30 PM) Note: This Event takes place at Pageant Field, One Merrymount Parkway, up the road from Adams Field. - Parade Day - Sunday, 11/29 (Rain Date Sunday, December 6th) @ 12:30 p.m.     11/23/2009

70956396 ACT 46 Crane Road Quincy, MA : Adams Shore  7 room, 2 bed, 2 bath Cape 113 Nov 22 12:00 PM to 2:00 PM $339,900     70997858 ACT 290 Atlantic St Quincy, MA  7 room, 3 bed, 1.5 bath Bungalow 16 Nov 22 1:00 PM to 3:00 PM $339,900     70945071 ACT 730 Willard St. Quincy, MA  7 room, 3 bed, 1.5 bath Cape 14 Nov 22 1:00 PM to 3:00 PM $349,900     70945071 ACT 730 Willard St. Quincy, MA  7 room, 3 bed, 1.5 bath Cape 14 Nov 22 1:00 PM to 3:00 PM $349,900     70972061 PCG 89 Sheldon St Quincy, MA  8 room, 3 bed, 3 bath Cape 72 Nov 22 12:00 PM to 1:30 PM $379,000     70974822 ACT 67 Sims Rd Quincy, MA : Wollaston  7 room, 3 bed, 2 bath Colonial 67 Nov 22 12:00 PM to 2:00 PM $429,000     70995484 ACT 121 Bromfield St Quincy, MA : Wollaston  7 room, 4 bed, 1 bath Colonial 22 Nov 22 12:00 ... 11/19/2009

  Quincy has been named the # 1 city in Massachusetts for raising children, as reported by the Patriot Ledger. Read The Full Story Here!   11/19/2009

Quincy, Massachusetts Quincy, Massachusetts Homes Sold - Year to Date (10/31/2009)  At the end of October, there were 135 homes on the market with an average list price of $423,823 and a days on market of 98.  59 homes are pending with an average list price of $356,061  The lowest priced home is $174,900 and the highest is at $809,000.   There were 323 homes sold YTD in Quincy MA with an average sales price of $329,726.  This reflects a decline of -3.45% for the selling prices.  The average days on market for homes sold 92 and a list-to-sell ration of 96%.    Virtual Homes Real Estate provides search tools to assist you in learning about the community, listing and market conditions.  Click on the following links for your choice of services. Quincy MA Real Estate -  Community, relocation... 11/09/2009

Home Value Update for Quincy MA Through September 2009 According to Zillow.com, the listing prices of single family homes have increased 0.3% in the last 3 months, while listing prices of condos have fallen 3.8%. The current mean listing price of homes for sale on the market in Quincy, MA, is $325,000. Below is a chart of the trend of listing prices of homes for sale in Quincy, MA, in the past year through September 2009: Median List PriceMore Quincy Home Values   If you're looking for a home or condo to purchase in Quincy, MA, or in the surrounding area, then try this home search. You can still buy a home with no money down with the USDA Rural Development Home Loan program. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When you're ready to buy a ho... 11/01/2009

Get a Free List of Websites of Government and Bank Foreclosure Listings in Quincy, MA There are a number of websites that contain free listings of government and bank foreclosed homes in Quincy, MA. These websites contain descriptions, color photos, and addresses of the foreclosed homes for sale in Quincy, MA. And, most of these websites have government and bank foreclosure listings nationwide. There's no charge to search the foreclosure listings on any of these websites, and there's no 7-day free trial period either. Virtually all of these websites do not require any personal information to get access to the government and bank foreclosure listings. You can access these foreclosure listings anytime you want and as often as you want - free of charge!  Get your own directory of free webs... 10/23/2009

FHA, VA, and USDA Rural Development Loans in Quincy, MA Are you looking for a home mortgage loan in the Quincy, MA area? Then you've come to the right place! Northeast Community Mortgage is a mortgage broker serving Quincy, MA, and many of the surrounding areas. When you decide to buy a home or refinance a mortgage in Quincy, MA or in the surrounding area, your search for a home mortgage loan should start and end here.  With so many lenders to choose from in the greater Quincy area, you should choose one you can trust to find the mortgage loan that will best meet your needs. As a mortgage broker, we help our clients obtain a loan from the lender who has the terms that best matches their needs. In terms of mortgage programs, we specialize in FHA, VA, and USDA Rural Development loans. We ... 10/23/2009

The Mortgage Interest Rate Lock Advisory for Quincy MA for October 22, 2009 Here are some of the events affecting mortgage interest rates today in Quincy, Massachusetts. What the Mortgage Backed Securities Market is Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.59 this morning - down 13/32 from yesterday's close. The chart below shows today's price trend of the FNMA 30-Year 4.5% coupon: The FNMA 30-Year 4.5% MBS coupon is currently trading at 100.63 - up 3/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.125% - 0.25% worse in price this morning as compared to yesterday. The chart below shows the price trend of the F... 10/23/2009

Good morning,I just wanted to take this time to let you all know about a couple great condos over at the Village at Crown Colony.  I've always said that the Village at Crown Colony was one of these unique condominium complexes particularly in the City of Quincy.The other day I had the opportunity to preview four of a five of the listed properties in the Crown Colony Village complex on Village Drive.Wow!  I was so impressed with what was being offered in the 399k range, I felt as though I had to tell you all about the units that were there.All of the units that I previewed were very large easily over 1000 square feet, which is pretty significant for condo.   All of the units I previewed @ Crown Colony were at least two bedroom units.One in particular was fantastic it was a two bedroom un... 10/16/2009

Quincy Real Estate & Homes for Sale in Massachusetts Known as the "City of Presidents" and the "Birthplace of the American Dream," the City of Quincy is home to a booming population of approximately 93,000 residents. Many are drawn to this city's historical roots, small town atmosphere and New England lifestyle, not to mention the city's proximity to the Boston and Cambridge metro areas (both approximately 20 and 25 minutes away, respectively). Quincy's affordable and diverse housing market is another reason why so many are attracted to the area. Not only will prospective buyers find historic homes and waterfront properties, but also single-family homes in modern communities and subdivisions, condos, townhouses, and gorgeous New England-style estates. Thirteen neighborhoods define the C... 10/13/2009

Quincy MA Real Estate For Sale Buying a home may be the most important investment an individual or family makes in their lifetime.  It is important to know the process and to be aware of the industry professionals who can assist you.  The two primary advisers will be Realtors and mortgage lenders.  You must understand how much you can afford and what your budget will allow.  If you are a first-time home buyer, you may qualify for a tax credit ($8000 in 2009) and could be eligible for special financing programs.  To take advantage of this program, you must close on the property you purchase by December 1, 2009. Mortgage Financing - A Loan for Your Home Most home buyers borrow the money to purchase property by obtaining a mortgage through a lender.  The lender may be a bank, mortgage bank... 10/04/2009