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Weston, MA Real Estate News

By Dana Bain
(Premiere Mortgage Services Inc.)
http://www.bainmortgage.com/MortgageMarketWeekInReview           Newsletter-August 4th, 2014     Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market Comment Mortgage bond prices finished the week lower, which pushed mortgage interest rates higher. Rates were positive the beginning of the week tied to stock weakness. Those improvements were erased in response to stronger than expected Automatic Data Processing (ADP) employment and Gross Domestic Product (GDP) data mid-week. The negative trend continued Thursday. The Employment Cost Index (ECI) rose 0.7% versus the expected 0.5% increase. The heavyweight employment report released Friday was weake...
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By Dana Bain
(Premiere Mortgage Services Inc.)
  http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-April 7th, 2014      Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices finished the week lower which pushed rates higher. The market was negative the first portion of the week as stocks surged higher and some of the early data was not rate friendly. Factory orders and ISM Index data were both a bit stronger than expected which pressured rates higher. Fortunately the all-important monthly employment figure Friday morning was rate friendly and we recovered a significant portion of the earlier losses. Unemployment came in at 6.7% versus the expected 6....
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
Weston 2013 Single Family Housing Report shows 295 properties in the various stages of sale. That is fewer homes than Wellesley, but Weston is a very different community.  House tend to stay on the market longer.  Schools are excellent, a bit more rural and private than Wellesley and still an absolutely wonderful place to live.  Weston is one of the nicest communities in MA without a doubt. Weston Active Listing 19 Gypsy Trail Single Family Active Listings: 34    Avg. Liv.Area SqFt: 6,963.58     Avg. List$: $3,896,629    Avg. List$/SqFt: $507     Avg. DOM: 181.15 Single Family Under Agreement Listings: 10    Avg. Liv.Area SqFt: 4,294.20     Avg. List$: $1,925,185    Avg. List$/SqFt: $438     Avg. DOM: 182.20 Single Family Sold Listings: 166    Avg. Liv.Area SqFt: 4,176.19     Avg. List$...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
Colonial-Green-Doorway-351-Weston Weston Single Family Market Report Aug 2013 had 109 homes that were on the market.  Active, Under Agreement, Sold, Expired and Canceled listings each month give the buyer and seller insight into what price is correct in todays market. The market is forever fluid and ends up being the decision of a buyer to pay what a seller will accept. Each deal is different and they all are the same. Each party is looking to get the best deal possible.  That happens when you know what your market is doing. That is why I share these monthly Market Reports. Aug 2012 Single Family Active Listings: 69    Avg. Liv.Area SqFt: 5,927.46     Avg. List$:$2,900,852    Avg. List$/SqFt: $469     Avg. DOM: 183.14 Single Family Under Agreement Listings: 12    Avg. Liv.Area SqFt: 5,...
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Newsletter-May 27th, 2013     Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services www.BainMortgage.com 11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices took a wild ride last week and moved a full discount point up and down in consecutive trading days.  The financial markets remained extremely volatile and subject to wild swings without warning.  The lack of economic data last week was partly to blame.  Stocks continued to move higher sapping interest in bonds. Trading Monday and Tuesday saw a full discount point increase (1/4% in rate) tied to stock strength. Rates improved a full discount point Wednesday tied to comments from Fed Chairman Bernanke.  The gains Wed...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
  Weston, MA 02493 Annual Single Family Housing Report has 288 homes that were Active, Under Agreement, Sold, Expired or Canceled in 2012. Homes in Weston take a bit longer to sell than in surrounding Wellesley in part because there are fewer homes.  Weston schools are consistently voted as one of the top school systems in the State and this drives some of the traffic.  Nearby Wayland and Wellesley also rank among the best school systems so if a buyer is traveling west out of Boston there are choices in this regard.  There are a total of 3344 Single Family homes listed in the public records for Weston.   692 Boston Post Rd 2 Weston 02493 Single Family Active Listings: 51    Avg. Liv.Area SqFt: 6,169.84     Avg. List$: $2,980,329    Avg. List$/SqFt: $439     Avg. DOM: 249.47 Single Fami...
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http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-December 10th, 2012 Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services www.BainMortgage.com 11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices finished the week lower pushing rates higher.The market was negative early Monday morning causing rates to spike.Fortunately the ISM Index data was weaker than expected and rates recovered later that day.Better than expected productivity data helped rates improve slightly Wednesday morning.Better than expected weekly jobless claims Thursday morning erased the small improvements from Wednesday.Jobless claims printed at 370K compared to ...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
  63 Westcliff Road, Weston, MA 02493 Weston, MA 02493 Single Family Market Report Sept 2012.  There are 111 properties on the market right now in either the Active, Under Agreement, Sold, Expired or Canceled status in Weston last month.    Just like last month most of the homes are in the Active For Sale mode. The activity has been slow and the Sold prices are not trending in the same way they are  in neighboring towns.  One listing went on the market more than a year ago at the list of $1,695,000 and ended up selling this month for $1,310,000.  This is just $10,000 more than they paid for the home back in 2002. A large part of this has to do with pricing and marketing.  Having an agent build a website with your address as the URL is really no benefit since no Buyer searches properties...
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By Ashley Connolly
(Northeast Water Wells Inc)
  If you own a home in Weston, MA it’s important that you follow proper protocol in maintaining your water well and your pumping system. Preventative Maintenance is a very simple process similar to having the oil in your car changed. The difference being is that you don’t even have to leave your home to have it done. Preventative Maintenance inspection on your well system can be scheduled in advance when you have time off. There are two main components of a well system to be considered when it comes to preventative maintenance Water Quality and Pumping System Mechanics.   Weston, MA is a small suburb approximately 17 miles outside of Boston.  Weston is considered the wealthiest suburb of Boston and has the highest per capita income in Massachusetts. It’s beautiful and you don’t have to ...
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By Ashley Connolly
(Northeast Water Wells Inc)
  Are you thinking of installing a water well in Weston, MA. This article is geared towards understanding Weston MA Board of Health Regulations. Understanding your town regulations can be instrumental in compiling total project costs when it comes to drilling a water well in Weston, MA. 1. Permit Info:  Well construction permit fee: $150 2. Well Location: A plot plan is required when application is submitted.  Guidelines include □       All sources of contamination within 200ft of the site □       10ft away from property lines □       25ft from any driving surface on any public roadway. □       15ft from any road right of way □       25ft laterally of any lake, pond stream, or river □       50ft from septic tank. □       100ft from any leaching field. □       100ft from a privy 3. Water...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
Weston Top School in the Boston Area per Boston Magazine review Weston, MA Single Family Market Report August 2012 is in.  The news is continuing to skew upwards.  On the schools front, Boston Magazine just ranked the Weston Schools system as the best in this area.  Weston has had the best school system by this magazines ranking in two other recent years. The truth is that Weston, Wellesley and Wayland all have top notch schools, but this year Weston wins top honors again.  Congratulations to the Weston Public School System for their attention to the education of our children. With 118 listings in the Active, Under Agreement, Sold, Expired and Canceled buckets in the MLS there is a lot of activity. With prices still low, and interest rates still at historically low levels it is still a...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
Anguilla BWI Beach Long before there was money there was land.  Land has been the gold standard for as long as wealth has been calculated.  Voting rights were connected to land ownership here in the US.  Kings gave land to Nobles who allowed workers to work the land and keep some of the results, but the land owner was the one who made all the money, or in this case wealth. There are times in the swing of economic pendulum’s when there is great opportunity and now is clearly one of them.  With interest rates at an all time low and second homes ready to be had at incredibly low rates, it makes sense to consider putting real estate into your portfolio.  Real estate has been the steady climbing investment year over year beyond any other investment.  No, I am not a financial planner, I am a...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
  Goats at play in Anguilla At a graduation party this weekend for one of our friends children I was approached by another friend who hoped that I would consider inviting all my friends to Anguilla.  Happily I do so.  If you know me, if we worked together, went to school together any time after kindergarten, if we played on a team somewhere together, or if even we shared an escalator in one of those city escalator buildings some December 24th let’s get together in Anguilla, come on down.  A house full of grateful friends and social sycophants fills me with joy each morning and something to share, here and there. As you get in to your 4th and 5th mow of the summer it looses some of it’s luster as an activity and you begin to think about white sandy beaches that go on for miles.  Investin...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
This month has been big for me.  I have been an agent in MA for 18 months now and have already won some awards.  My commissions in my first year were just below $100,000 which put me in the Executive Club for the REMAX system.  Not bad, but I wanted to do better and I will this year. I just heard I have been named for the second time in 18 months as the "Agent of the Month" for REMAX New England.  There are a lot of great agents in New England and this is quite an honor for me.  When I told my wife about it the other day, I was flying high.  She calmly looked at me and said, "Larry, we don't need any more gold stars for the outside of our refrigerator. We need food for the inside."  While her comment was somewhat of a buzz-kill for me, I completely understand her thinking and agree with...
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Property for sale in Weston, MA Anyone looking for a new home in a gorgeous community in New England should see the property for sale in Weston, MA. Weston is a charming colonial New England city in a scenic location among the outlying cities near Boston. It is an ideal locale for commuters who have a job in the city but want to maintain some distance with their home. This community is proud of its historical past and thanks in part to the local Historical Society, the museum in the heart of the town offers a glimpse into the heritage of the area. At present, there are many amazing homes for sale in the town, with many price points available and different land lot sizes. Prospective home buyers will be thrilled by the many local opportunities for recreation and education in town, inclu...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
Vacation property is back and looking more and more like one of the best places to protect your long term assets. Self directed retirementaccounts I have spoken of before in this blog is one answer, but today I would like to share the benefits of Fractional Ownership. With fractional ownership you can get far more for your money. You get far more because you are pooling your money with others to acquire properties 2, 3, or more times the value you personally could afford.Because the cost is shared, you can get more. There has never been as good a time to buy. Prices are at a low, as are interests rates. With those two low the next swing of the pendulum is up. This is a classic buy low sell high scenario. I represent vacation properties that are both exclusive and private. The owners of...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
Dave Liniger founder of RE/MAX was just names the Most Influential Person in Real Estate in the country in 2011.  This award coupled with the JD Powers #1 award for both Buyers and Sellers  in Real Estate clearly indicates that training, focus and followthrough will always differentiate any group of people from the rest.  If you are not getting what you want or need, call a RE/MAX agent.  If you are an agent looking to do better, call a RE/MAX office.  Congratulations Dave Liniger for showing us the way.  Others talk a talk, but you have walked the walk!
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By Jim Mushinsky
(Centsable Inspection)
A home inspector working in Weston MA is required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice. A copy of the standard will be provided to the client by the home inspector. The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection. Visit the Weston MA Home Inspection web page from United Inspection Service for some useful information about homes in Weston MA and the Massachusetts Home Inspe...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
I am excited to be sharing this home.  It is so unlike most homes of the Boston Area. There are many, many fine homes in this area with the vast majority of them being Colonial. No surprise there as we are one of the original Colonial states and our homes go back to those days.  This home is a contemporary and it is built in the block style of architecture that Frank Lloyd Wrigt and the architect of this home Maurice K Smith used in their thinking of the home.  Each room is designed for optimal light, air, room and flow.  After each room has been designed it is then the architects skill that puts the blocks together to fit the land and space on which it sits.  The attention to the details of the rooms and their placement on the land make living in this home a daily wonder.  This is more...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group)
I am not sure what I think of the virtual tour templates, but I do like the light and design of this house.
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Weston, MA Real Estate Professionals