Wellesley, MA Real Estate News

By Martin E. Kalisker, Esq., Real Estate Law From A Practical Perspective
       As of December 31, 2008, there were 103 single family listings in Wellesley on the Multiple Listing Service (MLSPin).  Year to date sales figures show a 19.8% decline in sales volume, however average sales prices are up 7.94% compared to 2007. Based on market absorption rates (see below), the market for single family homes in Wellesley should realize significant price pressure from buyers during 2009.  This is further evidenced in the current average list prices for single family homes in Wellesley.  In order for these homes to be sold in the shortest time possible, and in order to remain competitive with similar markets in Weston, for example, home sellers are going to have to lower their prices on these homes in inventory.  If not, we will continue to see increasing market abso...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Before there was "Dancing with the Stars," "So You Think You Can Dance," and Randy Jackson's "Dance Crew," there was Mary French of Wellesley...(more)  BostonKayakGuy...John Prescott's The MetWest Scene   They’re Dancing in Heaven… Posted on January 5, 2009 by bostonkayakguy  They’re dancing in heaven…with Mary French. Many of you will remember Mary, and her marvelous dance studio in Wellesley Hills. She was a dance teacher with a passion…and it showed. Some years ago I was one of her many students, when my bride-to-be decided that we needed dance lessons to get ready for our wedding. Whoa…I’d done the dance lessons thing before.  Oh yeah, as any proper young Wellesley male had done, I’d spent many a time learning the proper way to dance with the ladies at the Wellesley Country Club. Mo...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
The Rum Rocks But Be Prepared $$$ If You Like Your Rum On The Rocks bostonkayakguy.wordpress.com — Rum Lovers everywhere...Boston's RumBa offers the best rum selection of Latin America and the Caribbean at the Intercontinental Hotel. But if you sip your rum on the rocks, be forewarned...(more) BostonKayakGuy...John Prescott's The MetWest Scene   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities. www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Commonwealth 508-523-9252   BostonKayakGuy…The MetWest Scene
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
As I drove through downtown Wellesley on Christmas Eve, I was greeted with the most incredible sight! Jogging down Central St., in a V formation was a sight to behold....   *source: cdkenterprises Jogging Santas !!!!!!!!!!!!! Jogging Santas singing Christmas Carols... Jogging Santas with a police escort......... Jogging Santas from the Wellesley Fire Department......... The Jogging Santas of Wellesley......... A wonderful sight... A memorable experience... A perfect Christmas Eve !!     BostonKayakGuy gives the Jogging Firefighter Santas of Wellesley a 5 paddle rating! And thank you for what you do for all of us! Happy Holidays Everyone...........   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, ...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Date Night Boston…’Twas the Night Before Christmas bostonkayakguy.wordpress.com — 'Twas the night before Christmas...and all through the house, not a pot or pan was on the stove cooking, not even when we all groused...So we gathered our coats, our hats, and our mittens, and made reservations for dinner, from someone else's kitchen! And where did we choose? Well the folks at Zagat have some great recommendations!   For detailed recommendations click here. (more) BostonKayakGuy...John Prescott's The MetWest Scene   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities. www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Co...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Posted on December 15, 2008 by bostonkayakguy  First there was McDreamy; the unattainable Patrick Dempsey on Grey’s Anatomy… Then there was the always available McSteamy…Grey’s resident “player.” Now enter…McSleepy…not another Grey’s Anatomy cast member, but rather the latest innovative member of a surgical team - a fully automated anaesthesia system. To date the newest in technology has been used in 40 operations, but there are plans on the drawing board for an additional 400 McSleepy operations. The McSleepy system administers drugs, monitors their effects and makes adjustments accordingly, all by itself. Anaesthesia costs could drop 20% to 25% with McSleepy on board… For more: Automated Anaesthesia/NY Times JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 year...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
John Prescott's The MetWest Scene   bostonkayakguy.wordpress.com — Scott Murray, Chairman and CEO of Stream Global Services, said; “We are very excited to locate our headquarters in Wellesley, MA, a terrific location with a great supply of high tech talent to help us build our business. Our executive team is now positioned to create a large business process outsourcing company.”... (more)   Global Outsourcing Company Relocates to Wellesley   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities. www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Commonwealth 508-523-9252   BostonKayakGuy…The MetWest Scene
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
  Curt and Shonda Schilling (Photo by Chris Pizzelo) Shonda Schilling and her husband, Red Sox star Curt Schilling along with the Shade Foundation are hosting a holiday event you won’t want to miss… Champagne, celebrity chefs, gourmet cuisine and a silent auction will be held Wednesday, December 10th at the Omni Parker House. Proceeds from the event will support SHADE programs, including Mayor Menino’s initiative to plant 100,000 trees in the city of Boston. Last year’s inaugural Bubbles & Bites event resulted in SHADE planting 100 trees and donating 10 SHADE structures along with sunscreen to the city of Boston! Billy Costa and Chef Todd English are but a few of the local celebrities who will be helping to raise awareness about skin cancer and the sun.   Husband Curt Schilling will be...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
bostonkayakguy.wordpress.com — Gisele Bundchen has been helping Patriots star quarterback Tom Brady rehab from his knee injury.   Exercises and motivational talks have been on her agenda, Gisele has her eyes focused firmly on the quarterback's future.  Her physical therapy has included, "If you like it then you better put a ring on it..." (more) BostonKayakGuy...John Prescott's The MetWest Scene     "Single Lady" Gisele Croons to Tom Brady - Put a Ring On It..     Photo by AP “Tom Brady’s glamazon galpal"     Beyonce's "Single Ladies (Put a Ring On It)   More: Wanted: Tom Brady's Rehab Team   Gisele May be Seeing A Lot More of Tom Brady JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Need...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Market Momentum…Natick, Wellesley, Needham Posted on December 6, 2008 by bostonkayakguy  Clients keep asking… Should I buy now? Should I sell now? When will the housing market go up?  Go down? Is the house I want to buy at the very lowest it will go? Can I sell my house for close to the profit I want? Will the market go back to what it was 2 or 3 years ago, in the coming year? The media knows a good story when it has one.  Whip people into a frenzy, keep casting all business information in a bad light, and end each story with a message that the sky is falling. Journalism… should be presenting a balanced look at the facts.  Media competition oftentimes results in no balance and no facts.  Preying upon fear and other emotions will result in ratings increases, so we are bombarded daily wit...
Comments 0
By Martin E. Kalisker, Esq., Real Estate Law From A Practical Perspective
  As of November 30, 2008, there were 120 single family listings in Wellesley on the Multiple Listing Service (MLSPin).  There is a growing inventory of high-end homes that are staying on the market and homes that are chasing the market as evidenced by continual price "improvements".  There is also an increase in expired and re-activated listings this month, with the hope that a new Realtor® will do a better job in marketing the property - a tough thing to do if the home is not priced competitively.  During November, 16 new single family listings were added to our MLSPin, with an average list price of $1,225,475.  Based on the number of active single family listings versus the number of sales during the month, there is a market absorption rate of 360 days.   That is to say, based on the...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
 Shreve, Crump and Low Can't Restore Lustre in Chestnut Hill bostonkayakguy.wordpress.com — It started with Paul Revere, and it now looks to end, at least in its Chestnut Hill location, with the aftermath of recession, subprime mortgages, and mall owners Simon Properties. Shreve, Crump and Low...(more) BostonKayakGuy...John Prescott's The MetWest Scene   JOHN PRESCOTT -BostonKayakGuy Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.  www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Commonwealth 508-523-9252 BostonKayakGuy…The MetWest Scene  
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
  Wellesley and Needham Phenoms on Thanksgiving Twitter Football...John Prescott's The MetWest Scene Image via Wikipedia Wellesley Raiders at Needham Image: Wellesley High School Raiders Thanksgiving High School Football Twitter..The MetWest Scene Wellesley many be down, but it's NOT OUT! The country's oldest football rivalry is going to be on the nation's newest social media platform this year! bostonkayakguy.wordpress.com — This year, Chris Forsberg and the assorted writing team of the Boston Globe High School Sports Blog are bringing you the latest football score updates via Twitter updates via RSS feeds. You can stay warm, keep cooking, relax, or have a mimosa...and still stay on top of your favorite game! BostonKayakGuy...John Prescott's The MetWest Scene   Mark Fisette Needham’s J...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Posted on November 25, 2008 by bostonkayakguy  Image via Wikipedia Ever been frustrated by not being able to have wine shipped to your home from out-of-state wineries and liquor outlets? Ever brought home a bottle of wine on the airlines, only to find it smashed and your clothes bathed in an alcoholic haze? Ever try and find a specific wine on the internet, only to learn that the producer can’t ship to Massachusetts customers? Ever feel like a third rate oenophile state? Then Judge Rya Zobel has your back…   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.  www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Common...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Date Night…Newton... John Prescott’s The MetWest Scene bostonkayakguy.wordpress.com — The relatives have begun to gather; or not. You need to entertain them or perhaps it's your last moments of alone time. In either case, Newton offers fun and entertainment this weekend. Foodies will be thrilled to savor the delights of 51 Lincoln, a cool cafe chic bistro with mouthwatering edibles and a fun, reasonably priced wine list...   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.  www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Commonwealth 508-523-9252   BostonKayakGuy…The MetWest Scene
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Wellesley High School Put On Notice... John Prescott's The MetWest Scene bostonkayakguy.wordpress.com — At a time when Wellesley High School is being heavily scrutinized as it goes through the process of trying to gain approval as well as financing for the building of a new high school facility, word comes that WHS has been placed on warning status by the New England Association of Schools and Colleges Commission on Public Secondary Schools. More: Wellesley High School Put On Notice   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.  www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Commonwealth 508-523-9252   B...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
John Prescott’s The MetWest Scene Posted on November 13, 2008 by bostonkayakguy  Book cover via Amazon Who knew that the career trajectory from the White House Office of Budgeting and Management would lead to the kitchen? Or that girls who excel in math and science go on to become contessas? Or that barefoot in the kitchen can lead to Barefoot in Paris? Well, if you didn’t make it to the Natick Collection for the cookbook signing of the Barefoot Contessa’s Back to Basics by Ina Garten, at Williams-Sonoma, then you can still enjoy the flavorful ingredients and recipes captured in Garten’s latest in the Barefoot Contessa series. Her book tour stops are listed on the website, you can order the book online, you can watch the Food Network shows, or you can catch the Barefoot Contessa in Hou...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
John Prescott’s The MetWest Scene Posted on November 9, 2008 by bostonkayakguy  Image via Wikipedia The Wellesley High School football team writhed in agony as the final minutes ticked down on the clock in their game against Braintree High on November 8, 2008. This has been a season of lost opportunity for the Raiders but the Braintree game was close…so very close. Casey Tanner was notable, it was a home game, and Braintree failed to score in the final quarter. The Raiders made up 6 of their 10 point spread against Braintree in the 4th, but the needed win was just not to be… Final score: Braintree 28,  Wellesley 24     JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newt...
Comments 0
By Martin E. Kalisker, Esq., Real Estate Law From A Practical Perspective
        As of October 31, 2008, there were 133 single family listings in Wellesley on the Multiple Listing Service (MLSPin).  Sales of single family homes are down almost 19% for the year, with on going price adjustments to existing inventory.  During October, 27 additional single family listings were added to our MLSPin, (5 of which were back on market) with an average list price of $1,978,659.  Based on the number of active single family listings versus the number of sales during the month, there is a market absorption rate of 7.82 months.   That is to say, based on the volume of sales during the past month, there is 7.82 months of single family home inventory sitting on the Wellesley market. The average list price is $1,830,477.  The lowest price is $270,000 and the highest price is ...
Comments 0
By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Posted on November 7, 2008 by bostonkayakguy  Image via Wikipedia Who knew that rabbits might hold the key to longevity? Or that the fountain of youth was really an apple? Source: Evolution & Strategy   · The start of a health revolution. www.SuperchargeMe.com · Click Here to Download Image     Or that Tarzan lived in that jungle because he knew the secret to aging well. And who knew that if you wanted to live longer, healthier, and happier that sashimi has a better ROI than plastic surgery? And that if you’ve existed on the fast food culture of America, or think that delicatessens offer the best culinary options, or if you eat anything you microwave, thaw, cook in a pouch, or contains ingredients you can’t pronounce, then you may need to get yourself to a detox center? Detox? That’s r...
Comments 0
Wellesley, MA Real Estate Professionals