John J Lynch 3
Entrepreneur
I am Co-Founder & CEO of Elephant Rock Ventures LLC, a holding company with two subsidiaries Dwell360 and DwellAgent.
Dwell360 is our real estate brokerage and advisory firm based in Massachusetts.
DwellAgent is our web based platform used by real estate agents.
I am also a full time father of two, husband, son, and friend.
Profile
Summary
DwellAgent – Is built on the foundation and success I achieved in real estate. Our applications handle online marketing and business management with ease, control, confidence, and sophistication. We keep it simple for agents and brokers while delivering effective solutions. As a top producing and award winning real estate team we know what it take to maintain success.
Dwell360.com - Johnston | Lynch Group – We provide a full service, state-of-the-art, real estate services to our clients in the Metropolitan Boston Area. We successfully represent buyers and sellers in real estate transactions from downtown Boston to its fine suburbs. Our diverse knowledge, experience in today’s market, and understanding provided the advantage our clients need in an agent. This is why individuals, developers, and investors seek out our services and have enjoyed our results.
I would enjoy hearing from your with any questions you have concerning the real estate industry or our web applications.
Experience
- Jul 2010 - PresentFounder & President / Dwell360Dwell360 is an independent real estate firm serving the Greater Boston Massachusetts. The technology and marketing rich firm was founded by savvy and experience REALTORS Edward Johnston and John Lynch.
- Mar 2009 - PresentFounder & CEO / DwellAgentWe provide a web based platform for real estate agents and brokers that help extend their success, online, in ways that are faster and more intuitive. Our applications handled online marketing and business management with ease, control, confidence, and sophistication. DwellAgent is a division of the privately owned Elephant Rock Ventures LLC a Boston Massachusetts based firm that continues develop simple but powerful applications.
- Jan 2004 - PresentREALTOR / William Raveis Real Estate- Co-Managing Partner of the Johnston Lynch Group - Top Producing Team Awards - Chairman's Elite - Multi-Million Dollar yearly production Provide value added services with complete understanding of local market, understanding of properties, expert negotiation services, and detail oriented management of the entire real estate transaction.
- 2001 - PresentArea Sales Manager / American Geetings- Developed and maintained a leading sales territory that exceeded sales expectations in Massachusetts. - Developed local sales indicatives and implemented regional and national programs for the company’s accounts such as Wal-Mart, Target, Kmart, Brooks Pharmacy, and Shaw’s Supermarkets. - Represented the company by maintained relationships with local, regional, and national management and provided support all necessary support for both sales and operations. - Managed a staff of over 35 employees, who implemented territory objectives, conducted daily operations, and maintained inventory of all retail products in each location. - Provided logistical support, best practices training, quality control review, performance reviews, and support for all territory staff. - Continuously maintained all territory operations within budget.
- 2000 - Presentarea supervisor / american greetings
Education
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1996 - 2000Marist CollegeBS in Business Administration
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1994 - 1996Providence Country Day
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1982 - 1990Moses Brown
Additional Information
Posts
We had a fantastic trip to the REALTORS Triple Play 2011. DwellAgent set up a booth to visit with both current cleints and agent that are looking for a website and marketing platform. Ed and John promoted the Free Listing Websites and agent / brokerage websites.
DwellAgent does have a special price for the Triple Play ~ Let us know if you want a discount.
It was a great show and have a lot of people to help out.
To our surprise we came across this video that RE/MAX Ability Plus produced on their YouTube Channel about DwellAgent. The video review talks about our listing websites we offer, the free listing websites, and the other real estate website services offered to agents and brokerages.
It was a great surprise and thank you to Jimmy Dulin and Brian Mayo for considering our product. Thank you.
Very cool infographic for FourSquare and what their users are doing. How can real estate agents use these technologies?
As we get ready for another set of great updates to DwellAgent. We want you to take advantage getting a FREE listing website. It is easy to do and they end up looking like 35Tyler.com or 61Quint.com. They can have photos, links, video, and more. Simple and effective.
1. Sign up for a free account at DwellAgent
2. After you use the sign up form click listing websites / create listing website. Ass the details for the property, photos, video and more.
3. Click publish.
You can assign a custom domain to the listing website also. If you do not want to use our generic url just set up a custom domain name. Purchase the domain name at a site like GoDaddy. (Visit the settings tab for the listing website for instructions.)
Enjoy. DwellAgent
Today in order to continue to provide great customer service and support to our visitors and clients we added live chat to both the public and user account sites. As a friend this evening just said, this is great that you provide live chat that is real and not farmed out. We are real and you are chatting with DwellAgent staff anytime that we are online.
At DwellAgent we continue to innovate the way we help real estate agents and brokerages build their brand online. We do that by offering you to learn and explore our services on your own or with the support of our staff.
The support at DwellAgent is real. The people you talk to on the phone, in a chat, or via email care about our customers and their success online. You can almost always talk to one of the founders. So, go ahead see if we are online and chat with us.
Take care!
DwellAgent is an online application that allows real estate agents and small brokerages to self publish an attractive and effective listing websites, primary website, blog, and more online. Build your brand online for an affordable price.
Featured Client Steven Braden - We have been very busy here at DwellAgent helping real estate agents publish their blog, website, listing websites, and other marketing tools for real estate. We thought we would take more time to show people what agents are creating.
Here is a popular site http://stevenbraden.com/
Yes our support line is 617-299-0887. When on the home page os DwellAgent you can see the sample site we have when you click example site. We can also send you a link to other sites if you email Support@DwellAgent.com
Keystone Multi-List (Keystone) Yes - We have it here at DwellAgent. Let us know what else we can do to help.
Agent Strategies: Property Photos Still an Issue
Take a look at this article from Property AdGuru about real estate marketing. They quote DwellAgent CEO about photography, QR codes, and video.
“Property Ad Guru is an online publication specifically designed for estate agents and property developers around the world to help them through this maze of information.”
Google has announced that they will retire the Google Base function for posting real estate listings on Google Maps. No longer will users be able to find property for sale or rent on the popular Google maps applications. Launched in 2009, the listings loaded onto Google Maps were considered a real estate search game changer.
The Google Maps blog post noted the “low usage” of the features as one of the reasons for discontinuing the API. They also noted there are a number of excellent real estate search portals and provide more relevant information on properties.
The blog posting also notes that Google Maps will still play an important role in real estate. Their maps, applications, and tools continue to be used in real estate search. In addition, finding local businesses, schools, area amenities, and other local details are something their maps do very well. Google even has a page for real estate professionals.
We are not surprised that there was a lack of interest in these features on Google’s maps. First let me say their maps are a critical component to real estate search. They are critical in providing real estate applications, search and realty portals with the maps, community research, street view, satellite images, and other data needed to inform the consumers about neighborhoods and particular properties. But, the actual use of their real estate listings was lacking.
In 2009 Brian Boero from 1000Watts Consulting said it best in his blog post titled, “Google may kill Microsoft, but it won’t kill real estate,” said “but Google is, and will continue to be, the single biggest outside driver of technology innovation for real estate brokers and agents.”
Boston, MA (PRWEB) January 20, 2011
(http://dwellagent.com) DwellAgent.com, a real estate website and marketing software, is excited to announce free property listing websites, new features, and a new lower price. DwellAgent, a web-based software that real estate agents and brokers use to publish and maintain attractive single listing websites, a primary website with IDX search, their blog, and other marketing tools in one solution that is very simple to use.
Free Listing Website
Real estate agents who set up a free account can publish and maintain one property listing website at no charge. REALTORS can always keep one listing active and when needed upgrade to the basic plan and publish up to 25 listing websites at one time. Example listing website: http://www.104WillowBrook.com
New Features
The DwellAgent application now has stronger social media integration with Facebook, Linkedin, YouTube, and Twitter. Video integration has been added to listing websites and agent websites for more exciting marketing tools. Site statistics now can be collected using Google Analytics the most powerful service of its kind. The simple-to-use content management system has also been upgraded for simpler use and maximum performance.
New Price
New lower price and a free plan make the DwellAgent service even more desirable. The free account allows agents to publish and maintain one single properly website at no charge. In addition, a free user can explore, prepare, and preview the other service that DwellAgent offers. Upgrade to the “Basic Plan” for $9.95/month and publish up to 25 single listing websites at one time. The “Professional Plan,” priced at $29.95/month, provides agents with a primary website, blog, and listing websites integrated all into one primary agent/broker website. Add IDX / property search for an additional $39.99/month with the “Enterprise Plan.” Example: http://www.dwell360.com
About DwellAgent
DwellAgent is a Boston Massachusetts based software firm founded by successful real estate agents John Lynch and Edward Johnston in 2010. The DwellAgent platform makes it simple for real estate agents and brokerages, throughout the United States, to publish and maintain their listing websites, a blog, and their website in one easy to use application. DwellAgent removes the complexity of maintaining a website and provides simple tools for agents to build their brand online with style. For more information visit http://www.dwellagent.com or contact John Lynch 617-299-0012 or John (at) DwellAgent dot com.
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DwellAgent is very excited to announce new features, new pricing, and now you can get a free property website. We always look to improve and build the DwellAgent platform so real estate agents find success marketing online.
Free Listing Website
Real estate agents who set up a free account can have one property listing website at no charge. You can always keep one listing active at a time. When you need more just upgrade to the basic plan (now $9.95) and get 25 listing websites.
New Features
DwellAgent now has stronger social media integration, video integration, Google Analytics, simple-to-use content management, and more tools for real estate agents to market their properties and their personal brand.
New Price
Our free plan now allows agents to keep one single properly website published at no charge. The basic plan upgrades your free plan so you can publish up to 25 single listing websites at one time. The professional level, priced at $29.95, provides agents with a primary website, blog, and listing websites integrated all into one primary website. You can also add IDX / property search for an additional $39.99 with the enterprise account.
REALTORS all over the country are using the DwellAgent application to easily publish and maintain their lsiting and sales websites. Our sites are sophisticated and simple. Feel free to contact us: support@dwellagent.com
Talk to you soon!
Via: Fixr
Some interesting information regarding real estate agent’s marketing efforts. Information to consider when making plans for your online marketing.
We would like to wish everyone a wonderful holiday and prosperous new year. DwellAgent has been blessed with wonderful real estate agent clients in 2010. We appreciate your support of our products and look forward to helping you build your business in 2011.
Warm wishes from entire team here at DwellAgent
John Lynch & Edward Johnston - Founders.
Hello,
Yes, we do have IDX search for the NorthEast Ga Board and you would be able to have property search in your website.
If you would like the IDX integration onto your real estate website the package you need from DwellAgent is the Enterprise level.
For the month of December each plan is avaiable at sagnificant discount if you pre-pay for one year of service. We do not have a set-up fee.
Thank you, DwellAgent Team.
Our booth set up at the REALTORS Triple Play in Atlantic City last week. We talked to so many people about building their real estate business online, simply. We wished we had more time to talk to agents one on one.
It was a great real estate conference and we have enjoyed to talking with all the New York, New Jersey, and Pennsylvania agents since the event. We hope to here from you too.
DwellAgent is at the REALTORS Triple Play in Atlantic City today, Wednesday, and Thursday! If you are planning to attend visit our booth ans take a look at what we offer.
Specials Available.
We are seeing a lot of people getting ready to enter the expo! See you soon.
DwellAgent provides real estate agents and brokers with real estate websites for their listings, their business, with a blog, that is simple to use.
Real estate agents and firms mostly focused on commercial leasing and sales want to use our platform. We had one issue, the bedrooms and bathrooms field on the single property listing websites would not disappear. Well, we have fixed that and it looks great!
Now commercial real estate agents can leave the bedroom and bathroom field blank on the property listing websites. This will make the field disappear completely on your live property website. As a result, your website and listing websites will look even more professional.
One commercial brokerage Rolston and Company in Charleston, West Virginia has a great site on the DwellAgent platform. They use the listing website, blog, and other website tools to simply publish their site.
We are excited to tailor our products to include commercial real estate professionals. Also look more enhancements to the DwellAgent products in the near future.
Vist: Rolston and Company to see how a commercial brokerage uses DwellAgent!
Audio
Posts
Investing in real estate can seem overwhelming and reserved for the very rich. In the current economic conditions and marketplace, it may even feel a bit too risky. But if you’ve ever thought real estate investing may be right for you, this is a great time to learn about your options and how it can be done by almost anyone.
Before we learn about our options, though, let me say that I believe real estate investing can be a long a cumbersome process if you are new to it. That is not a bad thing, and I think of a lengthy process as a series of checkpoints that will make me very sure of my decision at the end. But it does mean that you have to have a critical eye, some good research skills and an a greater-than-average supply of patience. If this sounds like you, then let’s review how you can get into the lucrative business of real estate investing.
Whatever your budget, real estate can be your investment vehicle.
1. All cash deal. If you have lots of cash, you may be able to find an investment property in your area and buy it without a mortgage. The advantage of this is that you will be a highly qualified buyer and you can probably secure a property for a bit of savings over a buyer who has to get a mortgage. Another advantage of a cash buyer is that her expenses are much lower, as there is no monthly mortgage payment. This enables her to be more flexible on the rent, giving her more options in choosing tenants.
The disadvantage of an all cash deal is that it is not taking advantage of very low mortgage rates. Borrowing is pretty cheap, and if all your cash is in one place, you can’t use it elsewhere. Leverage is a real estate investor’s friend.
2. Part cash, part mortgage. The down payment minimum is 20-30%, depending on various circumstances and your financial qualifications. My rule of thumb is that you should make money, or at least break even, with this kind of down payment. If you lose money on a monthly basis, the property is not worth the price, (at least not not for an investor). Your mortgage payments, any association fees and taxes should be covered by the rent.
The advantage here is that you’ll be taking advantage of the cheap borrowing costs, and you’ll own a property with an income without the whole cash outlay.
The disadvantage is, obviously, the cost of borrowing money and the higher cost due to your mortgage payment – same as the mortgage on your home.
3. Pool of investors with little cash. Gather a few friends and family, and pool your money together to buy one property. It can even be a small property at first, but at least get into the market. If ten friends get together with $15,000 each…you do the math. The advantage is that you are in the real estate market, getting a piece of the pie, however small. It is a start, or a great single investment you have. You can hire a real estate broker and an attorney to help maybe for a stake in the property instead of commission and fees.
The disadvantage is finding like-minded individuals and putting it all together in a legally binding agreement. To me, this is just a bit of leg-work, and not so much a disadvantage, but it does add to the complexity of the transaction.
Entering the real estate market as an investor is not simple at first, but once you are in, it gets easier and easier. If you’ve ever considered investing in real estate, this is a great time to get in. Just choose your strategy and do it!
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
The title of this entry is over-the-top, I admit, but I am just here to stick up for the landlords out there who are trying to do some good. The word “landlord” in itself has some negativity associated with it, and the use of “lord” in this context is distasteful in our American sensibility. In media, landlords are portrayed as misers ready to make a buck on the poor and take advantage of families.
Please!
Let me tell you about the landlords, the real estate investors, I know.
First and foremost, there is a commitment to maintain the property and keeping the tenant happy and comfortable, even with the high occupancy rate and the increasing rents. I am not suggesting any altruism here, but it is cheaper to keep than replace tenants. It only makes sense that tenants stay for a long-run, and take care of the property, as it is their home. Fostering that environment is essential for positive tenant-landlord relations, which is the relationship you want in between any consumer and supplier.
A rental property is a huge financial commitment and a landlord idiot enough to not take care of it and ensure it’s livability is ill suited for the job.
Yes, there are many terrible landlords out there. The worse of them are the ones who neglect their properties, fail to keep up with safety codes, and don’t treat their tenants with the respect they deserve. Just like in any occupation, in any aspect of humanity, there are some bad apples.
For more on tenant-landlord rights in Massachusetts, go to: http://www.mass.gov/ago/docs/consumer/landlordtenant073007.pdf
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
No one wants to hear this, but I’m saying it anyway. Real estate is the best long-term financial investment. Phew…that’s a relief.
With the real estate market in the dumps for several years now, it is not easy to get back into the pro-property mind-set. But, it is exactly at these times that you should be considering expanding your real estate portfolio.
One reason I know this is because while the real estate market is dragging in most of the country, it is dominated by the professional real estate investors. Don’t you want to learn a lesson or two from them?
The professional investor loves real estate above all other investments. There are three main reasons for this.
First, real estate investing can come in many forms, just like any other investments. There are small condos, multi-family buildings, commercial, residential, mixed use properties, different towns, neighborhoods, etc. For every budget, preference and style, there is an investment instrument.
Second, real estate has a certain tangible value that you just don’t see in other investments. Property investors love that there is an asset they can visit, fix and maintain. There is a satisfaction in knowing that you have some control and responsibility in the relative value of the property.
Third, although real estate is illiquid – meaning it takes relatively a lot of time and effort to sell it – it is a versatile investment. You can hold it, or resell it when the market turns your way. You can do extensive renovations and have a quick resell, or you can hold it with tenants for years to come. Whatever it is, you have options and you can make decisions based on the best scenarios for your needs and the market conditions.
All of this assumes that you have sufficient funds for a down payment and that your expenses on the property are covered. The major drawback in investment real estate are the unavoidable expenses in maintaining it and the difficulty of selling it if you need the cash.
But this said, it may be time to consider an investment property, especially in such a critical time in the market. Opportunities and possibilities are present, and real estate investing can be a perfect fit for long-term financial goals.
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
In the market of exasperated and exhausted home sellers, I hear a lot of great stories about why homes are not selling. They usually divide into two categories: the real estate agents not doing their jobs or the sellers are uncooperative.
Either type of story leads to the same place: how are you marketing and showing the home?
There are very few reasons why your home doesn’t sell. There is no mystery here. There are bad agents and uncooperative sellers, and both can change when they realize that this is not brain surgery. There are only two variables: the price and how well the house shows.
First of all, and at the top of the list, be realistic about the price. This is a common sticking point between agents and sellers and almost always the reason for trouble. If you insist on getting more than what the market is willing to give, you are not serious about selling, but wasting time.
You must take into consideration the issues with the location, condition and layout of the home. Don’t ignore it and don’t dance around it. Buyers know what they are looking at.
Also, home sellers sometimes hire the agent who gave the highest price in the presentation, as if this is a bidding war. This creates a situation where agents are often uncomfortable saying what they really think the house will sell for, and inflating the price knowing they will later ask for a price reduction.
Stupid. Don’t do that. Whoever brings you the highest price should be questioned about why this price is the best and how they intend to get it.
Next comes the reality about how well the home shows. Inexperienced agents are often shy (as I was in my early days), about telling homeowners their homes look awful. There are better ways to say it, but a good agent gives you a long to-do list or insists on a staging professional.
If you are serious about selling your home, it should be professionally cleaned, sparkling and smelling perfectly for every single showing. Clutter and personal belongings, (anything but furniture and a few chachkies), will get in the way of the showing.
When buyers come in, they need to see themselves in this home and be excited about it. When you leave your computer on, your mail all over the place, your clothes on door hangers, your wet towel, toothbrush and one dirty dish, buyers feel like they are invading. It’s like walking into a hotel room to find someone else’s stuff. Ech.
A bad agent doesn’t tell you the truth about the house, but instead sugar coats it to the point of misunderstanding. It is not our job to fall in love with your home! It is our job as real estate agents to tell you what you have to do to get the house sold.
Home sellers will mistake good advice for rudeness and agents make a mistake of being shy of saying what needs to be said. Instead of making tough decisions, everyone blames the economy and the weather for a home sitting on the market forever.
If any other home in your area has sold, especially if it was in your price range, their is a market for your home. Just don’t tell me a story about why the economy has not sold the house.
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
Like everyone else, we were stunned by the 5.9 magnitude earthquake centered in Mineral, Va., today at around 2 p.m., and felt throughout the East Coast.
Several HouseLogic bloggers live in the Washington, D.C., area, about 100 miles away from the quake’s epicenter: I’m in McLean, Va., and felt my car shaking in my driveway; Dona DeZube in Clarksville, Md., thought a gas line exploded when she felt the earth tremble; and Lara Edge, who lives in D.C., watched her neighbors run out of their homes (never leave your home!) but didn’t feel much on the street.
Rather than running into the street, the best plan is to be prepared, like by putting together an emergency kit. Also read up on whether earthquake insurance is worth it.
And follow FEMA’s advice:
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Stay away from glass, windows, outside doors, and walls.
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Stay inside until the shaking stops.
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Be aware that the electricity may go out or the sprinkler systems or fire alarms may turn on.
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If trapped under debris, don’t light a match or kick up dust. Tap on a pipe to alert rescuers.
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Open cabinets cautiously.
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Immediately clean up spilled medicines, bleach, gasoline, or other flammable liquids. Leave if you smell gas or chemical fumes.
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Inspect your chimneys for damage.
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Check for gas leaks. If you smell or hear leaking gas, turn off the gas at the outside main valve, or call the gas company from a neighbor's home.
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Look for electrical damage — sparks, broken or frayed wires. If you suspect damage, turn off the electricity at the main fuse box or circuit breaker.
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Check for sewage and water lines damage. If you suspect damage, avoid using the toilets and call a plumber.
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Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
If you have a toddler who thinks midnight is a great time to hit the playground without you, or a dad with Alzheimer’s who gets lost a block from home, you need to know when someone heads out the door (or a window) of your home.
Short of moving your family into a prison, your options for keeping everyone where they belong range from simple lock products to help child-proof doors and windows that cost about a buck to sophisticated electronic surveillance equipment costing thousands.
These products will help give you peace of mind:
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A hook and eye latch (about $1) installed at the top of the door out of reach of the toddler and out of sight of your wandering dad.
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Three or four barrel bolt locks ($4 each) installed so you have to slide some to the left and some to the right to get out. Put them at the top and bottom of the door where you wouldn’t normally look for a lock.
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Keyed window locks ($7) will keep toddlers and parents from opening the window, but heads up: If there’s an emergency, a window lock may block escape routes. You’ll have to decide which is the greater risk.
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A door mural ($40) helps disguise the front door to those with Alzheimer’s.
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These products alert you when a door or window is opened:
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A string of Jingle Bells (about $4) attached to the door will tell you when it’s opened, but test to make sure you can hear the bells from all over the house.
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Electronic window alarms ($7) run on batteries and let you know when a window is opened by sounding an alarm or chime.
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If you want to know when someone gets out of bed, a pressure-sensitive mat alarm (about $10) mat will play music or blast a 105-decibel alarm when a person (or a pet) steps on it. You can also put it under a rug in front of the door.
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A motion detector alarm ($20) mounted over the front door or a window tells you when someone passes by, while mounting one under the bed will tell you when someone gets up at night.
Set the system to chime rather than call the security company when a door or window opens so you don’t scare the pants off grandpa or baby with a screeching alarm.
Don’t be surprised if the brand-name home security companies refuse to install a system unless you agree to pay them $35 to $75 a month to monitor it. A local company is more likely to install without demanding a monitoring fee.
It’s not easy keeping track of someone who doesn’t understand why it’s dangerous to be outside alone. Here’s hoping some of these solutions work well enough to make your days and nights a little easier.
What have you done to keep your family members safe from wandering?
From House Logic.
The Fourth of July -- Independence Day -- is a great time to reflect on how lucky we are to live in the United States of America, and what we can do to make our nation better, stronger, and more prosperous. As President Kennedy famously said many years ago, “Ask what you can do for your country.”
We’d all like to do our part. But our individual efforts sure seem small compared with the goings-on of world politics and global economies.
How can we — average American home owners — really achieve big goals, such as influencing national energy policy and building a strong economy? After all, we’ve got our own daily stuff to deal with: work, home repairs, getting the kids to softball practice, and the dog to the vet.
One good way is to reduce energy consumption in our own homes. This simple act can have a major impact. Not just in terms of helping hold the line on the family budget, but in slowing the ever-spiraling costs of energy. Lessening demand — even incrementally — eases the price of energy, which can free up capital that creates jobs and helps get our economy kicking.
Here are examples of small contributions you can make that add up:
- Ask cable or satellite providers for an energy-efficient set-top box, (the device that receives and dispatches TV signals to your DVR). Set-top boxes, which run 24 hours a day, have become a leading energy drain in the home. Newer Energy Star-rated models are at least 30% more efficient. If all set-top boxes sold in the U.S. were Energy Star-rated, energy savings would total $2 billion each year, and greenhouse gases would be reduced by an amount equivalent to 3 million cars and trucks.
- Replacing an old, kaput dishwasher with an Energy Star-qualified model cuts the annual energy cost of the machine by 50% — to $60 from $120. If every clothes washerpurchased in the U.S. this year were an efficient Energy Star model, the national energy savings would total $350 million, not to mention conserving 32 billion gallons of water.
- Buying a high-efficiency gas or electric water heater, when yours reaches the end of its useful life, saves 3% to 4% on the average home’s hot water bill. Energy standards enacted by the U.S. Dept. of Energy in 2010 were designed to cut energy usage of new water heaters by 3% to 4%. Over a 30-year period, U.S. consumers should save $8.7 billion and reduce CO2 emissions by 170 million tons — that’s equal to the yearly emissions of 30 million cars.
- Replacing a 60-watt incandescent light bulb with a 13-watt compact fluorescent equivalent saves $30 over the life of the bulb. Alternative: LED bulbs, although costly ($30 for 7-watts), last 3 to 4 times longer than CFLs, burn cooler, and — unlike CFLs — contain no mercury. If every home in America replaced just one incandescent bulb with an Energy Star-qualified CFL, the savings would be enough to light more than 3 million homes. The savings would also reduce greenhouse gas emissions caused by fossil-fuel energy production equivalent to 800,000 autos.
More easy ways to be patriotic (and save):
- Create a breeze with a ceiling fan instead of using the AC. For every degree you raise the air conditioning thermostat above 78 degrees, you can save 3% to 8% on cooling costs.
- Install a programmable thermostat and save as much as $180 per year.
- Plump up attic insulation from R-11 to R-49 and save up to $600 per year.
- Turn down the thermostat on your refrigerator and save $22 per year.
- Outsmart sneaky energy vampires by turning off (or putting “to sleep”) computers, printers, and other electronics when not in use: Shave another $100 from your annual energy bill.
Let’s put the independence in Independence Day.
In what ways do you save energy in your household?
By: John Riha
Published: July 1, 2011
Father’s Day is Sunday. And you’re wondering how to thank the guy who taught you to wield a putty knife, and to shut the door and quit heating/cooling the outside — for crying out loud!
You could buy him something. But how many World’s Greatest Dad mugs and barbecue mitts does a guy need?
Instead, spend a little time. Do some chore that Dad would otherwise do. Finish a project he hasn’t had time to complete.
You’ll save money — now that will make Dad happy — and show your father how much you care. Here are some ideas:
- Hose off and hang up the hammock that’s still sitting in the basement. Scrub stubborn stains with a vinegar spritz.
- Dig up that weed tree that’s popped up between the hydrangeas.
- Clean gutters clogged with tree blossoms and other spring debris.
- Power wash and reseal the deck.
- Shine up the gas grill. A little baking soda will help get rid of burned-on chunkies.
- Clean out the garage — at least sweep it.
- Change the toilet flapper.
- Lay sod on lawn bare spots.
- Spackle, sand, and paint dents and holes in the walls.
- Hang up that picture of the grandchildren.
What’s the best Father’s Day gift you ever gave to your Dad? Received from your child?
Published: June 17, 2011
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
Our client wrote us a wonderful testimonial about our real estate services. It can be read on here and on our Zillow profile. We appreciate the kind words.
John provided excellent professional service over a 9 month period while we relocated from the west coast to Newton. He kept us in the listing loop but did not push the process. When we did finally settle on "the House", after viewing 120 houses, John and his partner Ed were able to work through any issues and kept the process for closing on track! We would highly recommend John and Ed!
~ Bought a Single Family home in 2010 for approximately $1550k in Chestnut Hill, MA.
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
At Dwell360 we have a wealth of real estate information at our finger tips. Market reports are typically one of the most requested by our clients. Click the link to view our real estate market report for Cambridge Massachusetts. The report reviews the residential real estate markets for the past 8 years.
Real estate and the overall residential markets are the topic of conversation. Here at Dwell360 we live and breathe real estate every day. That is why we keep a close pulse on the market statistics for the towns in and around the Meto Boston area. This report for the City of Cambridge is requested often. We have a number of other reports on file. As a result, feel free to send us a request for a particular town.
Search Cambridge Massachusetts Real Estate For Sale.
Dwell360 is a residential real estate brokerage that has a different approach to how practice real estate. The Dwell360 residential real estate office is in Newton Massachusetts. We represent our clients who buy and seller real estate. Please contact us with any questions.
Real estate and the overall residential markets are the topic of conversation on a regular basis. Here at Dwell360 we live and breathe real estate. That is why we keep a close pulse on the market statistics for the towns in and around the Meto Boston area. We have a number of reports on file. So feel free to send us a result for a particular town.
Below click the report on the Worcester real estate market for the past 8 years. The information provides the statistics for the residential real estate market in Worcester, Massachusetts. The report includes both single family homes and condos.
Looking for property in Worcester? Start your real estate search here.
Dwell360 is a residential real estate brokerage that has a different approach to how practice real estate. Dwell360 primary office is in Newton Massachusetts. We represent our clients who buy and seller real estate. Please contact us with any questions.
Do compensate for flaws with a homebuyer incentive. If your kitchen sports outdated floral wallpaper, a $3,000 decorating allowance may help buyers cope. If your furnace is aging, a home warranty may remove the buyers’ concern that they’ll have to pay thousands of dollars to replace it right after the closing.
Don’t assume homebuyer incentives are legal. Your state may ban homebuyer incentives, or its laws may be maddeningly confusing about when the practice is legal and not. Check with your real estate agent and attorney before you offer a homebuyer incentive.
Don’t think buyers won’t see the motivation behind a homebuyer incentive.Offering a homebuyer incentive may make you seem desperate. That may lead suspicious buyers to wonder what hidden flaws exist in your home that would force you to throw a freebie at them to get it sold. It could also lead buyers to factor in your apparent anxiety and make a lowball offer.
Don’t use a homebuyer incentive to mask a too-high price. A buyer may think your expensive homebuyer incentive—like a high-end TV or a luxury car—is a gimmick to avoid lowering your sale price. Many top real estate agents will tell you to list your home at a more competitive price instead of offering a homebuyer incentive. A property that’s priced a hair below its true value will attract not only buyers but also buyers’ agents, who’ll be giddy to show their clients a home that’s a good value and will sell quickly.
If you’re convinced a homebuyer incentive will do the trick, choose one that adds value or neutralizes a flaw in your home. Addressing buyers’ concerns about your home will always be more effective than offering buyers an expensive toy.
Using an appraisal to set your home price
Choosing the right offer on your home
A counteroffer signals that you’re willing to negotiate. One strategy for your counteroffer is to lower your price, but remove any concessions such as seller assistance with closing costs, or features such as kitchen appliances that you’d like to take with you.
If the buyers don’t include comps to justify their low purchase offer, have your real estate agent ask the buyers’ agent for those comps.
If you can remedy the situation, maybe by renting furniture or asking your agent not to mention in your home listing that you’re motivated, the next purchase offer you get might be more to your liking.
6 Reasons to Reduce Your Home Price
Marcie Geffner is a freelance reporter who has been writing about real estate, homeownership and mortgages for 20 years. She owns a ranch-style house built in 1941 and updated in the 1990s, in Los Angeles.
In 1860, J.W. Black took this photo from Samuel A. King's balloon while tethered over the Boston Common. It is the earliest aerial photograph taken in the United States. An interesting piece of history. The photo is from the Boston Public Library's flickr page.
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
Interested in knowing the most expensive homes listed in Massachusetts. There are 24 properties currently on the market listed above $10,000,000. These properties are spectacular and worth a bit of a look.
The most expensive is a 9+ acre compound in Cohasset listed for $55.0m. A home in the Back Bay of Boston on Dartmouth Street is listed for $23.0m. There are also estates in Brookline and Weston that made the list, a few Cape Cod “summer homes”, and others.
Click here to see the full list.
Real Estate is always fun to look at.
“Moody’s Investor Services said the Town of Wayland remains on solid financial footing.” It is comforting to read this in the article Wayland's $100m development on track, eyed as revenue boost from Boston Business Journal today. Even though the current real estate market has required adjustments to the original plans for the Wayland Commons town center it still is moving forward.
The strong bond rating from Moody’s also helps confirm that Wayland Massachusetts is a town worth the real estate investment. It is important to see stability in towns and communities when considering purchasing a home. Another factor that does impact the value of real estate in a given town is the school system. Wayland’s is strong.
In fact, the average value of a single family residence has increased by 7.6% in Wayland. That is an increase in value from $585,245 in 2009 to $629,815 in 2010 for the average sale price of the home sold. (source MLSPIN). We also noted an increase of the number of homes sold from 128 to 133.
The facts are certainly encouraging and we remain confident in Wayland Massachusetts real estate market. We will continue to keep our eyes on the market and track the activity.
~ See you soon.
Dwell360 is a residential real estate firm that currently is marketing a luxury townhome in the town of Wayland Massachusetts. The property located within the Willow Brook community is set among the trees for a tranquil and peaceful setting. 104 Willow Brook Drive, Wayland, MA 01178 mls#71132504
“The guys of Dwell360 provide a level of service a cut above other agencies. They take a personal interest in finding you the perfect home to fit your needs. They have a n acute knowledge of the varying neighborhoods and properties in the Boston area, and a younger progressive attitude. I've sold one house and bought two houses with them, and continue to recommend them to everyone.”
We hope everyone is enjoying the snow today! We are enjoying working from home today. Keep safe and warm.
Spend a little time searching for your dream home on our website. You can view all the properties for sale in Massachusetts on the MLS. Sometimes it is jsut fun! Enjoy your snow day.
~ Your friends at Dwell360 real esate
According to CNN Florida seems to be the only state that has not gotten snow today. "After big snow and ice events in the Southeast, Plains, and Midwest this week, 49 out of the 50 states currently have snow on the ground – yes, even Hawaii, where snow falls in Mauna Loa and Mauna Kea all winter."
It does make us just a little jealous of our friends in Florida. But, one of the best things about living in the Northeast is the change of seasons. It might be a lot of work but it is an amazing sight outside.
Read the original article from CNN: Snow present in 49 of the 50 U.S. states
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
We wish everyone a happy and healthy new year. We hope your 2011 is a wonderful year.
We wish our friends, family, clients, and colleagues the warmest and happiest holidays and prosperous New Year. We are blessed to have such loyal and supportive friends – Thank you.
Warm wishes from everyone at Dwell360.
When you are considering selling and buying your home there are a few things to consider. HGTV's FrontDoor.com creates a good list to consider in their article "Buying and Selling Your House: 11 Resolutions for 2011" By Geoff Williams, published: 12/21/2010.
The list of list of 11 items (noted below) are all items you should think about if you are looking to buy or sell a home in the next 6-12 months.
- I will begin thinking about fixing up my house--now.
- I will clean out my house now.
- I will plan now to price my house as though we're living in 2011 and not 2007.
- Before I look to buy, I will seek pre-approval for my mortgage.
- Before I look to buy, I will clean up my credit score.
- I will number crunch and buy a house I can afford.
- I will think long term.
- I will interview more than one real estate agent.
- I will make this a business transaction and not an emotional decision.
- I will get a pre-inspection for my own house, before I sell it.
- I will think about moving and other logistics now.
Happy Holidays!
Dwell360 is a residential real estate brokerage based in Newton and Boston. Our experienced real estate agents service the metro suburbs and cities in and around Boston. Real estate is an exciting process and with qualified assistance you will achieve your goals and enjoy the process.
Happy Thanksgiving to our friends, family, past and present clients, colleagues & your families. We wish you a perfect day full of happiness. We are certainly thankful to have you as part of our family.
What would you say if I said the average price of a single family home in Newton Massachusetts is up? It is true. The average sale price is up 3.63% in the Garden City. A client needed some real estate sales data and some of the figures we compare was 2009 and 2010 sales data in MLS for closings for each year for the time range of January 1 – November 15.
For the time frame noted above, the average sale price in 2009 was $845,434 and in 2010 is $876,186 for single family homes. We also noted a slight increase in the actual number of single family homes sold just 428 in 2009 and 449 homes sold in 2010. One notworthy piece of data is the days a home is on the market before going under agreement went down by 6 days from 77 in 2009 to 71 in 2010.
It is always interesting to see how many of these sales exceed $2,000,000. In 2009 it was 11 homes and in 2010 there was 18 homes that sold for $2,000,000 or more. This is a notable statistic as higher priced homes can influence the average sale price in the given market.
In 2010 the single family homes on the market in Newton MA sold for 97% of the most recent asking price set for the property. But, these properties actually have sold for 94% of the original asking price of the home. A good illustration that properties well priced often need to take the next step and be aggressively priced to sell.
This was just some quick real estate market sale data for Newton Massachusetts. We will provide this information more often and as the New Year is on the horizon we will have some great data to share with you about Newton, Brookline, Boston, and other cities and towns we service.
Be sure to visit our new YouTube channel at YouTube.com/Dwell360. Dwell360 is a real estate brokerage based in Newton Ma that has experienced agents, state of the art marketing, and an understanding our the local market. Contact us for market data.
As our real estate firm Dwell360 moves forward we have some great things in store for the world of real estate. As we sit in our Newton office we have been planning the future of our firm and forecasting how the real estate market will develop in the coming year. We also are paying close attention to how the industry itself will change.
VIDEO: Select Sold Single Family Homes
Our firm looks to be leaders of change in the industry and we look forward to the innovations we have planned. Since Ed Johnston and John Lynch founded Dwell360 the energy and excitement has been exhilarating.
VIDEO: Select Sold Condos
Today, we begin our adventure into the world of video marketing. Video has become a wonderful way to market homes and provide real estate information. So take a look at our YouTube channel and view the recent properties we have sold. Also, check back again soon as we will be adding more to the site.
VIDEO: Sold Withington Road
Talk to you soon!
One factor to consider when looking buying a home is the cost of insurance. It is a topic that is often overlooked by buyers during the process of their home search. But, the cost for insurance, average of $900, is with you for the life of ownership and you take time to consider the implications. If you already own your home and it is vacant or unoccupied you should take a second look at your policy.
Just a few years ago I received a quote for insurance that was leaps and bounds higher then my current policy in place. It turned out that the Boston zip codes had been confused and all was quickly remedied in my favor. That was a taste of how sensitive real estate insurance rates can be for homeowners.
An independent insurance agent can often help you though the process of getting a quote for a prospective home you might be purchasing. In Massachusetts and the rest of New England when it comes to your home there is a long list of “what-ifs” and everything from natural disasters, mistakes, and human involvement play a key role.
MSN Real Estate’s recent article, “10 things that can lower or raise your homeowners insurance rates” is a great list of items to consider when looking to buy a home. Review the list below and review the article for more details of each item.
1. Is the area susceptible to hurricanes, mudslides, wildfires or other natural disasters?
2. How's the roof? New? Wind- and hail-resistant?
3. Is the plumbing new?
4. Does the electrical system meet current code?
5. How far away is the fire department?
6. How is the neighborhood?
7. How new is the home?
8. Has the home been well-maintained?
9. How secure is the home from burglary?
10. Is a swimming pool on the property?
If your home is vacant or unoccupied there are other considerations you must make. Often insurance agencies will void a policy after your home has been vacant after 30days. The REALTORS here at Dwell360 have seen many homes in both the city and suburbs of Boston. It would not be a shock to see missing copper pipes, vandalized property, leaking roofs, missing appliances, and personal items taken. In many cases issues that are sudden surprises to the seller.
When your home is vacant you need to make arrangements with your insurance provided. “The Massachusetts Property Insurance Underwriting Association (MPIUA) also known as the Massachusetts FAIR Plan (Fair Access to Insurance Requirements) provides basic property insurance on eligible property for applicants who have been unable to gain insurance through the voluntary market.” The cost might be higher with a policy willing to let your own be vacant but the risk of a home not being properly insured is much greater. Here are some tips for vacant homes from Inman News.
Dwell360 is a boutique residential real estate firm in Newton and Boston Massachusetts. Lead by REALTOR founders Edward Johnston and John Lynch the firm provides progressive solutions to buyers and sellers. We have current and continues experience in the cities and towns of Boston, Brookline, Cambridge, Chestnut Hill, Needham, Newton, Natick, Somerville, Wellesley, and other sought after towns. Please call 617-299-0012 or write service@dwell360.com.
Property valuation websites have a lot of information to offer. They provide details on properties, sale history, tax information, and estimate the value of the home. As a result, they become a topic of conversation with our clients on a regular basis. The only issue is we often find ourselves explaining to clients why the site is not always accurate.
Today, at a Boston real estate conference, Agent Reboot, Zillow representatives talked about their service and how they are among the only who post about their valuations accuracy. Zillow’s “Zestimate” that provides value estimates of single family homes, condominiums, and multi-families are often wrong. In fact Zillow has actually published their Zestimates accuracy for the Boston metro real estate market. Their median error is 8.9%.
This means if a Zestimate labeled your home with a $500,000 price tag it could really sell for $44,500 more or less than that price. In fact only 30% of the Zestimates are within 5% of the sale price. They actually review that 80% of the Zestimate are within 20% of the sale price. This is a big range. This is similar to say your home is worth $500,000 and will sell between $400,000 to $600,000. An article published by TechSavvyAgent also clearly outlines Zillow’s accurancy.
We do like Zillow. It is a way to collect information and we like information. But, if you are looking to it for your only price resource in Boston, Newton, Cambridge, Brookline, and other Massachusetts towns it is not the complete picture.
What are we doing different?
This is a question that many have asked with reference to our new brokerage. There is not just one answer to this question. But, my favorite answer is –
We have an understanding of the customer of the future. We know what they need today, what they will need tomorrow, and what they will require in the future.
We have built a real estate brokerage, technology, and marketing that will be a pioneer in the growth of the real estate industry. Each day more and more changes take place in the world and that has an everlasting effect on the real estate industry and customers. Dwell360 will provide progressive solutions and education to an important industry.
Dwell360 is a residential real estate firm founded by REALTORS, Edward Johnston and John Lynch who have been accredited with substantial success in residential sales throughout the greater Boston region. Dwell360 is based out of Boston and Newton Massachusetts.
Life at the Dwell360 real estate brokerage remains exciting!
We are working hard to build a premier real estate brokerage based in Newton Massachusetts that will service the Greater Boston cities and towns. The founders, Ed and John have a track record of success that has been the foundation of Dwell360.
Our name, Dwell360 (Dwell Three Sixty) is one that was developed to be fresh, simple, and modern. We did not want our firm’s name to look like a law firm’s collage of last names. Our personality is more then someone’s name. Dwell360 is a statement of progress and a brand that will grow by implementing tools, methods, and technologies that will provide results for our clients.
We hope we can help you buy or sell your home.
All we have been hearing lately from our past and present clients,
our friends, and everyone else is how great of an interest rate they can
get. Our mortgage contacts and real
estate attorneys have been super busy with the recent refinance boom. We have heard people getting rates from 4 –
4.50%.
The rates are really low. It was not too long ago people received interest rates well above 6% and higher. I know of one client who purchased a home with a 6.25% interest rate and now a couple of years later has refined to 4.25%. On a $400,000 loan that is a monthly savings of $495.11 that is $5,941.32 per year.
With interest rates as low as they are currently we are surprised there are not more people searching for homes. The markets in sections of Boston, Newton, Brookline, Cambridge, and other areas have some really positive statistics. That being said we would think even more buyers would be out shopping for home.
The buyers we she shopping now have an amazing advantage! The real estate market in the Boston Massachusetts area offers a lot of opportunity. You have less competition among buyers, more flexibility in price, and low interest rates.
Be sure to contact a reputable mortgage banker for information on current rates and to learn more about what mortgage programs are available.
This home is elegant, has a modern floor plan and classic details. Vaulted ceilings in the living and dining room give the home a open and spacious feel. The large eat-in-kitchen is the perfect gathering place while entertaining guests. A master suite is on the first floor with a walk-in-closet, large master bathroom, and peaceful views. A finished walk out basement provides for the extra family room or space you may need. A den on the second level is ideal for an office, media room, or sitting room. The second bedroom is spacious with direct access to the second full bathroom.
Open sun-filled space located in an excellent townhouse community. The home is well maintained and in move in condition. A wonderful home certainly worth a visit.
People in Massachusetts really love their home towns. They have energy and excitement when they speak about their community and there are some great places to live in the Commonwealth. Four cities in Massachusetts made it to this year’s list of “America’s 100 Best Small Cities to Live” found in August 2010 issue of Money magazine. The City of Newton took the third place on the list, Waltham 28th, Brookline was at 39, and Weymouth was listed at 52.
Money magazine “this year focused on the nation’s small cities (those with populations of 50,000 to 300,000). Reporters crunched reams of data to find the optimal combo of job opportunities, fiscal strength, top-notch schools, low crime, good health care, lots to do, and many other factors that help a town great for raising a family.” They also took a look at the overall strength of the economy and housing market in various American metro areas.
It becomes clear the real estate and economic climate in Massachusetts is a bit more promising then some other areas in the country. Money’s research pointed out that the metro area of Peabody and Boston have a “strong” economy and housing market with metro Cambridge getting the best rating of being the “strongest.” We think this is pretty consistent with what we have seen in the past year within the housing market itself.
The City of Newton Massachusetts with a population 82,000, 13 villages, and a rich New England heritage ranked third on the list of top 100 cities in Money magazine. The magazine highlighted the cities great schools, low crime, and strong economy as reasons for the favorable standing. It also noted pricey homes and traffic as negatives just west of Boston. We are also happy to see that it got noticed for having an “A” grade for “Arts/leisure” and for the “health” category. Schools are important in Newton, well ranked, and just this week the new, 413,000 square foot, $197 million dollar, Newton North High School opened its doors and features a college like amenities that is simply state-of-the-art.
With a population of 60,000 the City of Waltham Massachusetts was ranked 28th on the Money list. It scored an “A” grade for the Arts/leisure along with health. Housing affordability, though lower then Newton, is still high compared to other cities on the top 100 list. This city has seen recent renovations to their schools. Moody street is filled with restaurants and nightlife, home to Brandeis and Bentley University, and economically strong do to the large of corporations that call Waltham home.
Brookline Massachusetts with a 58,000 population is listed 39th on the list top America’s 100 Best Small Cities list. It might not get the best markets for housing affordability but this town gets the grade for everything else. Exclusive condos typically exceed a price tag of $500,000 and single family homes often considered estates reach well past the multiple million dollar value. Brookline’s exciting location next to Boston, active neighborhoods, public transportation, high-owner occupancy, and great schools make this town both stable and exclusive.
The fourth Massachusetts city on Money’s list is Weymouth Massachusetts and ranked at 52. Located on the south shore this area has more affordable homes and features 12 miles of ocean front. It is has reasonable commute to Boston. The location also provides its residences to beach, access to Cape Cod, and other exciting cultural and leisure actives in the area.
There are many fine cities and towns in Massachusetts. These are four that have been listed by Money magazine this year. We think they are great communities that deserve to be highlighted.
Dwell360 is a residential real estate brokerage in Massachusetts founded by Edward Johnston and John Lynch. Our experienced agents have a proven track record of success in the metropolitan Boston real estate market. Our offices in Newton and Boston help us service our clients in and around Boston, Brookline, Cambridge, Newton, Needham, Wellesley, Weston, and other premier towns. Feel free to contact us.
The condos sold for the same period of 2010 compared to 2009 have also done well. Cambridge did see a decline of in the average sales price by more than 7% but did see an increase of more than 35% in the number of condos sold.
2009 vs. 2010
Brookline – Single Family
Number of Listings Sold: 65 vs. 100 up by 35
Average Sale Price: $1,318,967 vs. $1,326,708 +0.5%
Brookline - Condominium
Number of Listings Sold: 319 vs. 336 up by 17
Average Sale Price: $534,427 vs. $530,761 +0.6%
Cambridge – Single Family
Number of Listings Sold: 59 vs. 71 up by 12
Average Sale Price: $1,057,348 vs. $1,227,286 +16.07%
Cambridge – Condominium
Number of Listings Sold: 319 vs. 432 yp by 113
Average Sale Price: $534,427 vs. $492,335 - 7.876%
Newton – Single Family
Number of Listings Sold: 312 vs. 334 up by 20
Average Sale Price: $859,695 vs. $894.813 +4%
Newton – Condominium
Number Listings Sold: 142 vs. 168 up by 26
Average Sale Price: $465,101 vs. $471,149 +1.3%
This market data for homes sales in these Massachusetts towns shows that the market has been very active in 2010 compared to 2009. The number of homes sold have increased and single families are fetching more money. Sellers have become more realistic with their pricing, this mixed with some record low interest rates, has created a very good enviroment this year to purchase a property.
For more infomraiton on your market or the values in tour town please contact us at service@dwell360.com. Also visit our website Dwell360 to learn more about our real estate brokerage in Massachusetts.
Dwell360 is a Massachusetts real estate brokerage firm that services the metro Boston real estate markets. Founded by experienced REALTORS, Edward Johnston and John Lynch, Dwell360 leverages its technology and extensive experience to create effectively provided educated consultation and results driven solutions for both our sellers and buyer. Our team is located both in Boston and Newton Massachusetts with experience in Boston, Brookline, Cambridge, Chestnut Hill, Newton, Davis Square, Wellesley, Needham, along with other specific experience in nearby cities and towns.
We have just listed a wonderful Brighton condo in the heart of Cleveland Circle. Year to date, 1/1/2010 - 7/1/2010 we have seen 157 condos sell in Brighton with an average sale price of $295,724. It has been an active time and is becoming a great time to get into the market.
Brighton continues to be an area on the cutting edge of city life. Surrounded by various colleges and universities, its accessibility in and around Boston, and is hip residents keep this area very exciting. It would not take much time to find something great to do in Brighton or in the area of Cleveland Circle never mind the access you get to the surrounding community by way of the B, C, and D trains of the Green line.
93 Strathmore is in the heart of this wonderful area. Tucked into a Brighton neighborhood is this wonderful building. A sun lit, top floor, corner unit, that easily can be called home. This one bedroom is spacious home, has hardwood floors, high ceilings, large bedroom, and plenty of closets. An inviting foyer leads to an oversized living room. Relax in your eat-in kitchen with treetop views. Come visit this property today for its fantastic location.
This condo is a great opportunity. $225,000
Brookline Massachusetts is an exciting town and great Boston neighbor. The average sales price year-to-date (1/1/2010 – 7/1/2010) for a condo in Brookline is $526,176 with 291 condos sold. Our newest listing 7 Verndale is a great opportunity to become a past of a great community rich in history with a strong real estate market.
The Town of Brookline is an amazing place made up of fantastic restaurants, shopping, cultural centers, parks, playgrounds, and serene neighborhoods. This town it is easier to find higher owner occupancy rates and condos within buildings that truly show price of ownership. Coolidge Corner is one of the hubs of great activity in Brookline and 7 Verndale is a location that affords the opportunity for you to take advantage of what life in Brookline offers.
This home is a spacious and updated three bedroom condo in a turn-of-the-century brownstone with access to Harvard Street, the T, Coolidge Corner, and more. Set on a residential tree-lined street you also have access to parks and playgrounds. It is a home all about the conveniences of the city with the serenity of a residential setting.
The inviting foyer is what greats you upon entering this home. Features like the fireplace, open living and dining rooms, updated kitchen with pantry, built-ins, extra storage, parking, new windows, washer and dryer, and more are just some of the highlights of this home.
This access that the resident will have to Brookline life is excellent. A place that will afford a buyer the excitement of the city with the tranquility of a tree-lined street. Parks are just around the corner, restaurants on Commonwealth Avenue and Harvard Street are excellent. Plan a visit today. Listed at $519,000
We are excited to present 61Quint.com for sale. It was about five years ago when we represented our client in the purchase of this great property. It has been a great home and as great things happen it is time to move on. We could not have been happier to get the call again to help sell the condo.
This Allston condo is in the heart of the activity that surrounds Allston, Brighton, and Brookline. This area is often perceived to be a center point of accessing some of the best Colleges and Universities in Massachusetts, along with businesses in Cambridge, Watertown, Boston, Newton, and other nearby locations.
This condos location puts its occupants in a hip community with access to nightlife, restaurants, pubs, clubs, shopping, and a vibrant neighborhood. Allston, a neighborhood of Boston, has excellent access to the trolleys, buses, and trains of the MBTA T. This community is an exciting place.
61 Quint Avenue is a condo perched on the top floor of a well respected Allston building. The living room, 21 x 21, is window lined, sun-filled, circular, and has a tree-topped view. This unique living room is part of a building with architectural interest that has truly been maintained by the owners with pride.
The condo also features an updated kitchen with granite countertops and stainless steel appliances. The interior of the condo had been freshly painted, has gleaming hardwood floors and new windows. Each of the two bedrooms is spacious and has very good closets.
Don’t forget the new common roof deck & assigned parking. You can slip up to a space that overlooks the tree-tops and surrounding community. It is an unique site for an Allston condo. Laundry & storage are located in the basement. Move right in.
We are so excited to help our clients again. Listed at $319,000.
Just a few days ago Ed and I left William Raveis Real Estate to begin opening our new firm Dwell360 (Dwell Three Sixty.) It has been an exciting few days. At this has been taking place I picked up and flew to California to attend the Inman Connect an innovative real estate conference. Ed has been powering all the progress back at headquarters.
It has been a successful few days. Some clients have called looking to list their homes and buyers are heating up their searches. I have been hearing from real estate leaders and influencers about their companies, their products, and real estate industries growth.
Craig Newmark of Craigslist has some great things to say about the social phenomenon around Craig’s List and real estate. Social media has been one of the top topics at the conference and Reddit.com founder Alexis Ohanian nicely outlined how social media really can propel a topic into the minds of the public. These and the many other speakers have been extremely interesting.
Property search is going to change over the next few years. The search functionality will be more intuitive and free flowing. Also, the need for mobile solutions is something at the top of everyone’s list here at Inman. I have identified a few great ways the Dwell360 will be able to leverage technologies to be at the front of the real estate marketing online and with mobile.
Technology in real estate is always changing and I am excited to see that we will be a part of the evolution. For your clients this will ultimately mean we will provide better results!
See you soon!
We are very excited to announce that we will be launching our own independent real estate brokerage here in Massachusetts. Ed Johnston and John Lynch will be building DWELL360 a boutique brokerage that is focused on providing clients with the best possible service from well qualified real estate agents. The towns of service will include Boston, Brookline, Newton, Wellesley, Cambridge, and other communities that we have worked in throughout the Metro Boston area.
We look forward to this new and exciting chapter!
Ed & John
This home is elegant, has a modern floor plan and classic details. Vaulted ceilings in the living and dining room give the home a open and spacious feel. The large eat-in-kitchen is the perfect gathering place while entertaining guests. A master suite is on the first floor with a walk-in-closet, large master bathroom, and peaceful views. A finished walk out basement provides for the extra family room or space you may need. A den on the second level is ideal for an office, media room, or sitting room. The second bedroom is spacious with direct access to the second full bathroom.
Open sun-filled space located in an excellent townhouse community. The home is well maintained and in move in condition. A wonderful home certainly worth a visit.
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Today, I came across an article from CNNMoney.com titled “6 biggest mistakes home buyers make.” After taking a look at the list I thought the six items are noteworthy. I am not sure if they are the biggest mistakes that a buyer can make. But, the list is one worth review. Here is why I think the six items they mention are important to a buyer.
1. Know Your Credit Score – Your credit score one of the major factors in what a bank will review and consider when approving you for a mortgage. Not only do you need to know your score you need to know what that score represents.
2. Don’t buy a car before a house – Or any other major purchase. When you make large purchases your credit can be affected and your cash reserves will also be affected. If you took a loan for that new car now you might feel more pressure to qualify for a mortgage. If you paid cash for that same car, keeping that cash on hand in the bank, could have better results for you qualifying for a better rate on your mortgage.
3. Skimping on a home inspection – We spend a lot of time with our clients making sure they do not skimp on their home inspection. This is a critical time to learn about your home and perform any needed due diligence. You need to take the time to be a part of this important process.
4. No Attorney – We encourage everyone to have an attorney when they are buying a property. Often there are many unforeseen issue that arise with the title, the sale, and the parties involved. A good agent will help control that but certain issues an attorney needs to handle. Often with a great team in place you will not even notice the issues.
5. No Contingencies – You should have a home inspection contingency or mortgage contingency when you are purchasing a home. If you know you need a mortgage then you should never waive that element of the offer. Contingencies are part of your offer to protect your interest.
6. Budgeting for Insurance – It is important to budget for the other items associated with home purchase. Home owners insurance is one, don’t forget about property taxes, utility bills, and landscaping. If you are upsizing or first time home buyer these items might be more expensive then you are used too.
A great buyer’s agent will help you thought the process and make sure you do not make any big mistakes. These six from CNNMoney’s are notable along with others. So, take your time making that purchase and all will go smoothly.
It has been a busy few months. Ed and I have put under a very solid number of properties under agreement in the last month. It has been exciting and the activity stills continues. We have put listings under agreement and buyers have secured properties. But, there is more work to be done.
As Ed posted the other day he took one client out to see 26 properties in three days. A few days ago I took clients from the west coast out to see 32 properties in three days. Then we have local buyers that have put in offers on properties and each time is dealing with multiple bid situations. Then there are a few other buyers are just sitting waiting for something to visit.
In the markets we deal in (there are a few like, Newton, Brookline, Boston, Wellesley, Wayland, Waltham, Cambridge, & other great Massachusetts towns) there are plenty of people interested in purchasing a property, but the inventory is not great. The homes that are in great condition with a price that presents a certain amount of value to the buyer are scooped up and at times in multiple bids situations.
What does that mean?
The buyers visit a lot of home. They are learning about the market everyday and have been doing their homework. After visiting dozens and dozens of homes they understand their price range better than some real estate agents. Then when they walk into a well priced, great condition home, that has a great price it is gone.
The buyer knows when there is something well priced. Now, I mean well priced, not free, not being given away, a price that presents a fair value. Buyers are ready and want to purchase a home. They just are willing to wait for the place that works best for their life and their pocket book.
So for the people with those perfect homes that want to move you will stand out if you look great and are priced well.
It has been wet, very wet, here is Massachusetts. To the point that FEMA announced that federal disaster aid has been made available for the Commonwealth of Massachusetts. This is a significant resource for the state to help correct the damage of these major rain storms.
“The president's action makes federal funding available to affected individuals in Bristol, Essex,
Middlesex, Norfolk, Plymouth, Suffolk, and Worcester counties. Assistance can include grants for
temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other
programs to help individuals and business owners recover from the effects of the disaster.”
Along with the federal aid programs available
This also could impact a buyer’s mortgage on a home in
the above counties mentioned. It may
require re-inspection by the appraiser or some other addition paperwork. So if your currently involved in a real
estate transaction be sure to address this issue with your lender or real
estate agents.
Today, Ed and John are launching their team website, www.JohnstonLynch.com. The new website is a new platform that will help us get information to our clients faster and be more effective in our marketing efforts.
The new website has an integrated blog and property search capabilities. The site also integrated our listing websites so they are continuously featured to visitors of the site. We have streamlined our marketing that has always been successful, and created an even easier way to communicate, consult, and market real estate.
Be sure to stop by on a regular bases to see more information about real estate in the Metro Boston neighborhoods.
See you soon, Ed & John
Johnston | Lynch Group at William Raveis Real Estate
Service Providers
Real Estate Attorney
Rosenberg, Freedman & Goldstein LLP
Newton, MA 02460
T: 617-964-7000 x30
F: 617-964-4025
Email: llee@rfglawyers.com
Firm web site: www.rfglawyers.com
Gilmartin, Magence, & Ross
305 Washington Street
Newton, MA 02458
p: 617-964-4300
f: 617-964-1234
GMR-Law.com
50 Milk Street
20th Floor
Boston, MA 02109
p: 617-338-6550
f: 617-482-9710
ElizabethFrantz.attorney@verizon.net
Mortgage Loan Officers
Leader Bank
160 Gould Street, Suite 102
Needham, MA 02494
p: 781-474-5077
f: 781-465-6620
bkurzman@leaderbank.com
Omega Mortgage
7 Wheeling Ave, Suite 2A
Woburn, MA 01801
p: 781.995.3440
f: 781.995.3423
paul@omegamortgage.com
Fairway Independent Mortgage
18 Crawford Street
Needham, MA 02492
p: 781-719-4673
f: 781-719-4684
Property Inspector
As regulated by Massachusetts, we can only make a recommendation of an inspector after you have contracted for us to be your buyer agents. Until then, the following link will give you access to all the licensed inspectors.
The Board of Registration of Home Inspectors
1. Preliminary Consultation
The first time we talk we will review your overall objectives in searching for a new home. We will spend sometime getting to know how the process will work and review each step of the process. This will be a great time for you to go over any questions you have.
2. Obtain a Loan Pre-approval
A "Pre-approval" means you have met with a loan officer, your credit files have been reviewed and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. Based on this information, the lender will provide a pre-approval letter, which shows your borrowing power. You can visit as many lenders as you like and get several pre-approvals, but keep in mind that each one carries with it a new credit check, which will show up on future credit reports.
3. Establish Your Search Criteria
A home is more than just a collection of bedrooms and bathrooms. Several properties -- each with four bedrooms, three baths, and the same price -- may well represent radically different designs, commuting distances, lot sizes, tax costs, interior dimensions, and exterior finishes. Together, we will consider your priorities and establish a criterion that works for your search. How do you stay updated? Once you establish the criteria for your search an online account will be set up to keep you informed on your current properties. Each day you will be emailed with updates on properties fitting your criteria. You will have the ability to look at pictures, property details, and other important information.
4. Look at Homes
Once you have established the search criteria we will begin visiting the listings that fit your criteria. We can visit any property that fits your criteria. Online listings and other properties that I find will be considered for our tours. Once we identify the properties of interest, I will make all the arrangements necessary for us to tour the homes. When can we look? Anytime. We can set-up days and times in advance and work around your commitments. When ready to look at homes we can set-up a tour of one home or many. In most cases 24 hours or more is needed to establish a visit. If the circumstance arises requiring an immediate visit we will make every attempt possible to arrange a visit.
5. Choose a Home
As a buyer, here's what actually happens. A home has been placed on the market for which the seller has established an asking price as well as other terms. In effect, this is an offer. At this point, you have three choices: accept the seller's offer and create a contract; reject it and not make an offer; or suggest different terms and make a counter-offer. If you choose this last option, the seller may accept, reject or make a counter-offer. No aspect of the home buying process is more complex or personal than bargaining between buyers and sellers. This is the point where the value of an experienced REALTOR(R) is clearly evident because he or she knows the community, has seen numerous homes for sale, knows local values and has spent time negotiating realty transactions.
6. Make an offer
7. Get an accepted Offer
a. Inspection - conducted within 5-10 days
b. Buyer and agents present
c. Radon test can be conducted at this time also
d. Buyer pays inspection company directly
e. Response to Inspection - within 24 hours of inspection report
f. Provide notice of any issues needed to be addressed
h. Obtain any additional documents/information
j. Special contingencies
k. Mortgage Application
l. Within a few days of accepted offer you should contact your mortgage broker and begin the full application process
m. Choose an attorney to handle your transaction
• Deposit due at this time, traditionally 5% of purchase price
• All parties must sign by deadline
An agent's image and attitude is very important in successfully selling your home. The Johnston | Lynch Group make sure all potential buyers feel comfortable visiting and learning about their new home. It makes a difference and can give that buyer the comfort to make an offer. We create a positive atmosphere that lead to productive results.
Marketing: Progressive, Sophisticated, & Excited
We combine leading marketing techniques, sophisticated market knowledge, and a positive attitude.
Property Web Site
Our professional web site bearing your home's address as the web address provides buyers the accessibility and information they demand. The site shows off your homes exquisite design, features important details of your home, and is a leading marketing tool.
Professional Photography
Architectural photographs will provide the warmth, style, and image needed to sell your home. Buyers start their search on the internet and our photographs will get the attention of an individual looking for a luxury home.
Virtual Tour
A professional virtual tour will provide the access and dynamic exposure your home needs in today's market. Potential buyers send listing information and links to their advisors, family, and friend for their consultation. This is just one more resource that will help a buyer make that final decision to see and buy your home.
Floor Plan
A professional floor plan will be prepared for the property. The floor plan will be available online and in print for potential buyers to review.
Yard Sign
Our sophisticated sign is professionally installed and includes your homes custom web address that will tell buyers their location and give them access to the critical details of your home.
Multiple Listing Service
We will list your homes in the Multiple Listing Service (MLS). Details of your home, a compelling description, and photographs are all included. Agents receive their information from the MLS database.
Staging Consultation
It is critical in today's market that your home gives the buyer the best feeling possible. Together we will make sure your home looks it's very best. You will also have access to our preferred staging experts.
Online Marketing
The Internet is the most powerful tool. More than 80% of buyers start their search on the Internet. We give your home the most coverage possible online from every major real estate web site to local resources for home buyers.
Premium Services/Placement at:
Trulia.com, Zillow.com, Boston.com, Dwell360.com, along with : Realtor.com, Yahoo.com, Craigslist.org, Google.com, FrontDoor.com, Brokerage Real Estate Companies
Along with hundreds of other web sites!
Property Brochures
Our quality brochures feature photos, details, floor plan, and additional information to communicate the important details of your home to the buyer.
Email campaigns provide your property information, web address, and other details an extensive list of interested parties.
Direct Mail
Featured Property Cards are sent to your neighbors and community to support our marketing campaign of your home.
Social Media
We publish listing information, links, write ups, and more on various social media platforms including: Facebook, Twitter, and Linkedin.
Events
We attract interested parties to your home with well publicized and creative events, open houses, broker open houses, and through private showings.
Service: Attentive, Responsive, & Proactive
It always is a pleasure to show your home and we keep ourselves available to do just that. We understand the needs of potential buyers and we strive to present your home positively and professionally.
Price Evaluations
We continuously provide you with market information so you stay current with today's market. At each step in the process we are always evaluating your home's value.
Reliable Planning
Appointments, clients meetings, appraisals, inspections, and other appointments require proper planning and punctual performance. We guarantee a reliable and responsive service.
Showing Feedback
As we show your home we then contact buyers and/or their agents after a showing to obtain feedback. This often can help us address concerns the buyer has with your home. It also provides great resources for helping correct any issues with the home that prevent someone from making the offer. Once we find the buyer, an entire new set of skills are required to get your home to close.
Negotiations
The Dwell360 real estate agents are experienced negotiators. Terms, conditions, legal implications, and other concerns can make selling your home feel invasive and we help you maintain focus and clarity throughout the entire process. We have over 13 years of combined real estate negotiation experience and additional high profile experience from previous corporate positions.
Transaction Management
The entire process of selling your home is cumbersome. We simplify that process and are extremely attentive to the details. Paperwork, inspections, deposits, banking requirements, along with other important details are closely monitored and proactively managed.
Communication
At all times we remain in direct contact with our clients. Communication is the corner stone of our relationship with our clients. We keep you up-to-date during the entire home process. This will help you make informed decisions and feel comfort in knowing your home is being sold by excellent REALTORS®.
Safety & Security
Safety is an important part of representing your family and your home. All potential buyers are pre-screened prior to visiting the home. At open houses we have visitors sign in and we keep a watchful eye. An agent who is attentive to the security of the home will deter the would be thief.
Updates
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I'm at Flatbread Company at Sacco's Bowl Haven (Somerville, MA) http://t.co/cySFcuTl
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I'm at Boston Logan International Airport (BOS) (Boston, MA) w/ 64 others http://t.co/4OaY5T2Y
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Can't wait to get back to the kids. (@ Los Angeles International Airport (LAX) w/ 167 others) http://t.co/xZZUzWuR
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What a day. (@ Bacara Resort & Spa) [pic]: http://t.co/cF0a0mhY
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I'm at Bacara Resort & Spa (Goleta, CA) w/ 2 others [pic]: http://t.co/hMZq0Fpe
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Off to LAX. (@ Boston Logan International Airport (BOS) w/ 99 others) http://t.co/Buk4482h
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I'm at Ridgevale Beach (Chatham, MA) [pic]: http://t.co/jzphVfux
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I'm at Boston Logan International Airport (BOS) (Boston, MA) w/ 42 others http://t.co/F8ADWOjq
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I'm at Chicago O'Hare International Airport (ORD) (Chicago, IL) w/ 209 others http://t.co/JHY5XgB3
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I just unlocked the Level 2 "JetSetter" badge on @foursquare! In it to win it! http://t.co/81ko2GIU
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Buy Vegas! (@ McCarran International Airport (LAS) w/ 109 others) http://t.co/VtJeVq0I
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I'm at Arai Resort and Casino http://t.co/EyvGVLDP
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I'm at Le Cirque At The Bellagio (Las Vegas, NV) http://t.co/DRto0qKz
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I'm at Aria Pool & Cabanas (Las Vegas, NV) w/ 6 others http://t.co/ODMxnr2q
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I just unlocked the "Swimmies" badge on @foursquare! Splish splash! http://t.co/5MPIo90M
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I'm at Todd English Public Urban Bar P.U.B. (Las Vegas, NV) http://t.co/RJTxreFM
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Viva Las Vegas. (@ McCarran International Airport (LAS) w/ 92 others) http://t.co/jlFkixe2
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I'm at Terminal C (Boston, MA) w/ 3 others http://t.co/qUv0TK06
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Break out from the mold, experienced REALTORS wanted at Dwell360 http://t.co/GO0QjDM3
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Break out from the mold, experienced REATORS wanted at Dwell360 http://t.co/GO0QjDM3
Posts
Investing in real estate can seem overwhelming and reserved for the very rich. In the current economic conditions and marketplace, it may even feel a bit too risky. But if you’ve ever thought real estate investing may be right for you, this is a great time to learn about your options and how it can be done by almost anyone.
Before we learn about our options, though, let me say that I believe real estate investing can be a long a cumbersome process if you are new to it. That is not a bad thing, and I think of a lengthy process as a series of checkpoints that will make me very sure of my decision at the end. But it does mean that you have to have a critical eye, some good research skills and an a greater-than-average supply of patience. If this sounds like you, then let’s review how you can get into the lucrative business of real estate investing.
Whatever your budget, real estate can be your investment vehicle.
1. All cash deal. If you have lots of cash, you may be able to find an investment property in your area and buy it without a mortgage. The advantage of this is that you will be a highly qualified buyer and you can probably secure a property for a bit of savings over a buyer who has to get a mortgage. Another advantage of a cash buyer is that her expenses are much lower, as there is no monthly mortgage payment. This enables her to be more flexible on the rent, giving her more options in choosing tenants.
The disadvantage of an all cash deal is that it is not taking advantage of very low mortgage rates. Borrowing is pretty cheap, and if all your cash is in one place, you can’t use it elsewhere. Leverage is a real estate investor’s friend.
2. Part cash, part mortgage. The down payment minimum is 20-30%, depending on various circumstances and your financial qualifications. My rule of thumb is that you should make money, or at least break even, with this kind of down payment. If you lose money on a monthly basis, the property is not worth the price, (at least not not for an investor). Your mortgage payments, any association fees and taxes should be covered by the rent.
The advantage here is that you’ll be taking advantage of the cheap borrowing costs, and you’ll own a property with an income without the whole cash outlay.
The disadvantage is, obviously, the cost of borrowing money and the higher cost due to your mortgage payment – same as the mortgage on your home.
3. Pool of investors with little cash. Gather a few friends and family, and pool your money together to buy one property. It can even be a small property at first, but at least get into the market. If ten friends get together with $15,000 each…you do the math. The advantage is that you are in the real estate market, getting a piece of the pie, however small. It is a start, or a great single investment you have. You can hire a real estate broker and an attorney to help maybe for a stake in the property instead of commission and fees.
The disadvantage is finding like-minded individuals and putting it all together in a legally binding agreement. To me, this is just a bit of leg-work, and not so much a disadvantage, but it does add to the complexity of the transaction.
Entering the real estate market as an investor is not simple at first, but once you are in, it gets easier and easier. If you’ve ever considered investing in real estate, this is a great time to get in. Just choose your strategy and do it!
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
The title of this entry is over-the-top, I admit, but I am just here to stick up for the landlords out there who are trying to do some good. The word “landlord” in itself has some negativity associated with it, and the use of “lord” in this context is distasteful in our American sensibility. In media, landlords are portrayed as misers ready to make a buck on the poor and take advantage of families.
Please!
Let me tell you about the landlords, the real estate investors, I know.
First and foremost, there is a commitment to maintain the property and keeping the tenant happy and comfortable, even with the high occupancy rate and the increasing rents. I am not suggesting any altruism here, but it is cheaper to keep than replace tenants. It only makes sense that tenants stay for a long-run, and take care of the property, as it is their home. Fostering that environment is essential for positive tenant-landlord relations, which is the relationship you want in between any consumer and supplier.
A rental property is a huge financial commitment and a landlord idiot enough to not take care of it and ensure it’s livability is ill suited for the job.
Yes, there are many terrible landlords out there. The worse of them are the ones who neglect their properties, fail to keep up with safety codes, and don’t treat their tenants with the respect they deserve. Just like in any occupation, in any aspect of humanity, there are some bad apples.
For more on tenant-landlord rights in Massachusetts, go to: http://www.mass.gov/ago/docs/consumer/landlordtenant073007.pdf
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
No one wants to hear this, but I’m saying it anyway. Real estate is the best long-term financial investment. Phew…that’s a relief.
With the real estate market in the dumps for several years now, it is not easy to get back into the pro-property mind-set. But, it is exactly at these times that you should be considering expanding your real estate portfolio.
One reason I know this is because while the real estate market is dragging in most of the country, it is dominated by the professional real estate investors. Don’t you want to learn a lesson or two from them?
The professional investor loves real estate above all other investments. There are three main reasons for this.
First, real estate investing can come in many forms, just like any other investments. There are small condos, multi-family buildings, commercial, residential, mixed use properties, different towns, neighborhoods, etc. For every budget, preference and style, there is an investment instrument.
Second, real estate has a certain tangible value that you just don’t see in other investments. Property investors love that there is an asset they can visit, fix and maintain. There is a satisfaction in knowing that you have some control and responsibility in the relative value of the property.
Third, although real estate is illiquid – meaning it takes relatively a lot of time and effort to sell it – it is a versatile investment. You can hold it, or resell it when the market turns your way. You can do extensive renovations and have a quick resell, or you can hold it with tenants for years to come. Whatever it is, you have options and you can make decisions based on the best scenarios for your needs and the market conditions.
All of this assumes that you have sufficient funds for a down payment and that your expenses on the property are covered. The major drawback in investment real estate are the unavoidable expenses in maintaining it and the difficulty of selling it if you need the cash.
But this said, it may be time to consider an investment property, especially in such a critical time in the market. Opportunities and possibilities are present, and real estate investing can be a perfect fit for long-term financial goals.
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
In the market of exasperated and exhausted home sellers, I hear a lot of great stories about why homes are not selling. They usually divide into two categories: the real estate agents not doing their jobs or the sellers are uncooperative.
Either type of story leads to the same place: how are you marketing and showing the home?
There are very few reasons why your home doesn’t sell. There is no mystery here. There are bad agents and uncooperative sellers, and both can change when they realize that this is not brain surgery. There are only two variables: the price and how well the house shows.
First of all, and at the top of the list, be realistic about the price. This is a common sticking point between agents and sellers and almost always the reason for trouble. If you insist on getting more than what the market is willing to give, you are not serious about selling, but wasting time.
You must take into consideration the issues with the location, condition and layout of the home. Don’t ignore it and don’t dance around it. Buyers know what they are looking at.
Also, home sellers sometimes hire the agent who gave the highest price in the presentation, as if this is a bidding war. This creates a situation where agents are often uncomfortable saying what they really think the house will sell for, and inflating the price knowing they will later ask for a price reduction.
Stupid. Don’t do that. Whoever brings you the highest price should be questioned about why this price is the best and how they intend to get it.
Next comes the reality about how well the home shows. Inexperienced agents are often shy (as I was in my early days), about telling homeowners their homes look awful. There are better ways to say it, but a good agent gives you a long to-do list or insists on a staging professional.
If you are serious about selling your home, it should be professionally cleaned, sparkling and smelling perfectly for every single showing. Clutter and personal belongings, (anything but furniture and a few chachkies), will get in the way of the showing.
When buyers come in, they need to see themselves in this home and be excited about it. When you leave your computer on, your mail all over the place, your clothes on door hangers, your wet towel, toothbrush and one dirty dish, buyers feel like they are invading. It’s like walking into a hotel room to find someone else’s stuff. Ech.
A bad agent doesn’t tell you the truth about the house, but instead sugar coats it to the point of misunderstanding. It is not our job to fall in love with your home! It is our job as real estate agents to tell you what you have to do to get the house sold.
Home sellers will mistake good advice for rudeness and agents make a mistake of being shy of saying what needs to be said. Instead of making tough decisions, everyone blames the economy and the weather for a home sitting on the market forever.
If any other home in your area has sold, especially if it was in your price range, their is a market for your home. Just don’t tell me a story about why the economy has not sold the house.
Ruth Lerner is a Senior Sale Associate with Dwell360 a residential real estate firm based in Boston and Newton Massachusetts. Ruth as a part of Dwell360 services the cities and suburbs of metro Boston. Contact Ruth at Ruth@Dwell360.com or 617-807-0471
Like everyone else, we were stunned by the 5.9 magnitude earthquake centered in Mineral, Va., today at around 2 p.m., and felt throughout the East Coast.
Several HouseLogic bloggers live in the Washington, D.C., area, about 100 miles away from the quake’s epicenter: I’m in McLean, Va., and felt my car shaking in my driveway; Dona DeZube in Clarksville, Md., thought a gas line exploded when she felt the earth tremble; and Lara Edge, who lives in D.C., watched her neighbors run out of their homes (never leave your home!) but didn’t feel much on the street.
Rather than running into the street, the best plan is to be prepared, like by putting together an emergency kit. Also read up on whether earthquake insurance is worth it.
And follow FEMA’s advice:
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Stay away from glass, windows, outside doors, and walls.
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Stay inside until the shaking stops.
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Be aware that the electricity may go out or the sprinkler systems or fire alarms may turn on.
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If trapped under debris, don’t light a match or kick up dust. Tap on a pipe to alert rescuers.
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Open cabinets cautiously.
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Immediately clean up spilled medicines, bleach, gasoline, or other flammable liquids. Leave if you smell gas or chemical fumes.
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Inspect your chimneys for damage.
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Check for gas leaks. If you smell or hear leaking gas, turn off the gas at the outside main valve, or call the gas company from a neighbor's home.
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Look for electrical damage — sparks, broken or frayed wires. If you suspect damage, turn off the electricity at the main fuse box or circuit breaker.
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Check for sewage and water lines damage. If you suspect damage, avoid using the toilets and call a plumber.
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Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
If you have a toddler who thinks midnight is a great time to hit the playground without you, or a dad with Alzheimer’s who gets lost a block from home, you need to know when someone heads out the door (or a window) of your home.
Short of moving your family into a prison, your options for keeping everyone where they belong range from simple lock products to help child-proof doors and windows that cost about a buck to sophisticated electronic surveillance equipment costing thousands.
These products will help give you peace of mind:
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A hook and eye latch (about $1) installed at the top of the door out of reach of the toddler and out of sight of your wandering dad.
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Three or four barrel bolt locks ($4 each) installed so you have to slide some to the left and some to the right to get out. Put them at the top and bottom of the door where you wouldn’t normally look for a lock.
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Keyed window locks ($7) will keep toddlers and parents from opening the window, but heads up: If there’s an emergency, a window lock may block escape routes. You’ll have to decide which is the greater risk.
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A door mural ($40) helps disguise the front door to those with Alzheimer’s.
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These products alert you when a door or window is opened:
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A string of Jingle Bells (about $4) attached to the door will tell you when it’s opened, but test to make sure you can hear the bells from all over the house.
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Electronic window alarms ($7) run on batteries and let you know when a window is opened by sounding an alarm or chime.
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If you want to know when someone gets out of bed, a pressure-sensitive mat alarm (about $10) mat will play music or blast a 105-decibel alarm when a person (or a pet) steps on it. You can also put it under a rug in front of the door.
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A motion detector alarm ($20) mounted over the front door or a window tells you when someone passes by, while mounting one under the bed will tell you when someone gets up at night.
Set the system to chime rather than call the security company when a door or window opens so you don’t scare the pants off grandpa or baby with a screeching alarm.
Don’t be surprised if the brand-name home security companies refuse to install a system unless you agree to pay them $35 to $75 a month to monitor it. A local company is more likely to install without demanding a monitoring fee.
It’s not easy keeping track of someone who doesn’t understand why it’s dangerous to be outside alone. Here’s hoping some of these solutions work well enough to make your days and nights a little easier.
What have you done to keep your family members safe from wandering?
From House Logic.
The Fourth of July -- Independence Day -- is a great time to reflect on how lucky we are to live in the United States of America, and what we can do to make our nation better, stronger, and more prosperous. As President Kennedy famously said many years ago, “Ask what you can do for your country.”
We’d all like to do our part. But our individual efforts sure seem small compared with the goings-on of world politics and global economies.
How can we — average American home owners — really achieve big goals, such as influencing national energy policy and building a strong economy? After all, we’ve got our own daily stuff to deal with: work, home repairs, getting the kids to softball practice, and the dog to the vet.
One good way is to reduce energy consumption in our own homes. This simple act can have a major impact. Not just in terms of helping hold the line on the family budget, but in slowing the ever-spiraling costs of energy. Lessening demand — even incrementally — eases the price of energy, which can free up capital that creates jobs and helps get our economy kicking.
Here are examples of small contributions you can make that add up:
- Ask cable or satellite providers for an energy-efficient set-top box, (the device that receives and dispatches TV signals to your DVR). Set-top boxes, which run 24 hours a day, have become a leading energy drain in the home. Newer Energy Star-rated models are at least 30% more efficient. If all set-top boxes sold in the U.S. were Energy Star-rated, energy savings would total $2 billion each year, and greenhouse gases would be reduced by an amount equivalent to 3 million cars and trucks.
- Replacing an old, kaput dishwasher with an Energy Star-qualified model cuts the annual energy cost of the machine by 50% — to $60 from $120. If every clothes washerpurchased in the U.S. this year were an efficient Energy Star model, the national energy savings would total $350 million, not to mention conserving 32 billion gallons of water.
- Buying a high-efficiency gas or electric water heater, when yours reaches the end of its useful life, saves 3% to 4% on the average home’s hot water bill. Energy standards enacted by the U.S. Dept. of Energy in 2010 were designed to cut energy usage of new water heaters by 3% to 4%. Over a 30-year period, U.S. consumers should save $8.7 billion and reduce CO2 emissions by 170 million tons — that’s equal to the yearly emissions of 30 million cars.
- Replacing a 60-watt incandescent light bulb with a 13-watt compact fluorescent equivalent saves $30 over the life of the bulb. Alternative: LED bulbs, although costly ($30 for 7-watts), last 3 to 4 times longer than CFLs, burn cooler, and — unlike CFLs — contain no mercury. If every home in America replaced just one incandescent bulb with an Energy Star-qualified CFL, the savings would be enough to light more than 3 million homes. The savings would also reduce greenhouse gas emissions caused by fossil-fuel energy production equivalent to 800,000 autos.
More easy ways to be patriotic (and save):
- Create a breeze with a ceiling fan instead of using the AC. For every degree you raise the air conditioning thermostat above 78 degrees, you can save 3% to 8% on cooling costs.
- Install a programmable thermostat and save as much as $180 per year.
- Plump up attic insulation from R-11 to R-49 and save up to $600 per year.
- Turn down the thermostat on your refrigerator and save $22 per year.
- Outsmart sneaky energy vampires by turning off (or putting “to sleep”) computers, printers, and other electronics when not in use: Shave another $100 from your annual energy bill.
Let’s put the independence in Independence Day.
In what ways do you save energy in your household?
By: John Riha
Published: July 1, 2011
Father’s Day is Sunday. And you’re wondering how to thank the guy who taught you to wield a putty knife, and to shut the door and quit heating/cooling the outside — for crying out loud!
You could buy him something. But how many World’s Greatest Dad mugs and barbecue mitts does a guy need?
Instead, spend a little time. Do some chore that Dad would otherwise do. Finish a project he hasn’t had time to complete.
You’ll save money — now that will make Dad happy — and show your father how much you care. Here are some ideas:
- Hose off and hang up the hammock that’s still sitting in the basement. Scrub stubborn stains with a vinegar spritz.
- Dig up that weed tree that’s popped up between the hydrangeas.
- Clean gutters clogged with tree blossoms and other spring debris.
- Power wash and reseal the deck.
- Shine up the gas grill. A little baking soda will help get rid of burned-on chunkies.
- Clean out the garage — at least sweep it.
- Change the toilet flapper.
- Lay sod on lawn bare spots.
- Spackle, sand, and paint dents and holes in the walls.
- Hang up that picture of the grandchildren.
What’s the best Father’s Day gift you ever gave to your Dad? Received from your child?
Published: June 17, 2011
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
Our client wrote us a wonderful testimonial about our real estate services. It can be read on here and on our Zillow profile. We appreciate the kind words.
John provided excellent professional service over a 9 month period while we relocated from the west coast to Newton. He kept us in the listing loop but did not push the process. When we did finally settle on "the House", after viewing 120 houses, John and his partner Ed were able to work through any issues and kept the process for closing on track! We would highly recommend John and Ed!
~ Bought a Single Family home in 2010 for approximately $1550k in Chestnut Hill, MA.
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
At Dwell360 we have a wealth of real estate information at our finger tips. Market reports are typically one of the most requested by our clients. Click the link to view our real estate market report for Cambridge Massachusetts. The report reviews the residential real estate markets for the past 8 years.
Real estate and the overall residential markets are the topic of conversation. Here at Dwell360 we live and breathe real estate every day. That is why we keep a close pulse on the market statistics for the towns in and around the Meto Boston area. This report for the City of Cambridge is requested often. We have a number of other reports on file. As a result, feel free to send us a request for a particular town.
Search Cambridge Massachusetts Real Estate For Sale.
Dwell360 is a residential real estate brokerage that has a different approach to how practice real estate. The Dwell360 residential real estate office is in Newton Massachusetts. We represent our clients who buy and seller real estate. Please contact us with any questions.
Real estate and the overall residential markets are the topic of conversation on a regular basis. Here at Dwell360 we live and breathe real estate. That is why we keep a close pulse on the market statistics for the towns in and around the Meto Boston area. We have a number of reports on file. So feel free to send us a result for a particular town.
Below click the report on the Worcester real estate market for the past 8 years. The information provides the statistics for the residential real estate market in Worcester, Massachusetts. The report includes both single family homes and condos.
Looking for property in Worcester? Start your real estate search here.
Dwell360 is a residential real estate brokerage that has a different approach to how practice real estate. Dwell360 primary office is in Newton Massachusetts. We represent our clients who buy and seller real estate. Please contact us with any questions.
Do compensate for flaws with a homebuyer incentive. If your kitchen sports outdated floral wallpaper, a $3,000 decorating allowance may help buyers cope. If your furnace is aging, a home warranty may remove the buyers’ concern that they’ll have to pay thousands of dollars to replace it right after the closing.
Don’t assume homebuyer incentives are legal. Your state may ban homebuyer incentives, or its laws may be maddeningly confusing about when the practice is legal and not. Check with your real estate agent and attorney before you offer a homebuyer incentive.
Don’t think buyers won’t see the motivation behind a homebuyer incentive.Offering a homebuyer incentive may make you seem desperate. That may lead suspicious buyers to wonder what hidden flaws exist in your home that would force you to throw a freebie at them to get it sold. It could also lead buyers to factor in your apparent anxiety and make a lowball offer.
Don’t use a homebuyer incentive to mask a too-high price. A buyer may think your expensive homebuyer incentive—like a high-end TV or a luxury car—is a gimmick to avoid lowering your sale price. Many top real estate agents will tell you to list your home at a more competitive price instead of offering a homebuyer incentive. A property that’s priced a hair below its true value will attract not only buyers but also buyers’ agents, who’ll be giddy to show their clients a home that’s a good value and will sell quickly.
If you’re convinced a homebuyer incentive will do the trick, choose one that adds value or neutralizes a flaw in your home. Addressing buyers’ concerns about your home will always be more effective than offering buyers an expensive toy.
Using an appraisal to set your home price
Choosing the right offer on your home
A counteroffer signals that you’re willing to negotiate. One strategy for your counteroffer is to lower your price, but remove any concessions such as seller assistance with closing costs, or features such as kitchen appliances that you’d like to take with you.
If the buyers don’t include comps to justify their low purchase offer, have your real estate agent ask the buyers’ agent for those comps.
If you can remedy the situation, maybe by renting furniture or asking your agent not to mention in your home listing that you’re motivated, the next purchase offer you get might be more to your liking.
6 Reasons to Reduce Your Home Price
Marcie Geffner is a freelance reporter who has been writing about real estate, homeownership and mortgages for 20 years. She owns a ranch-style house built in 1941 and updated in the 1990s, in Los Angeles.
In 1860, J.W. Black took this photo from Samuel A. King's balloon while tethered over the Boston Common. It is the earliest aerial photograph taken in the United States. An interesting piece of history. The photo is from the Boston Public Library's flickr page.
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
Interested in knowing the most expensive homes listed in Massachusetts. There are 24 properties currently on the market listed above $10,000,000. These properties are spectacular and worth a bit of a look.
The most expensive is a 9+ acre compound in Cohasset listed for $55.0m. A home in the Back Bay of Boston on Dartmouth Street is listed for $23.0m. There are also estates in Brookline and Weston that made the list, a few Cape Cod “summer homes”, and others.
Click here to see the full list.
Real Estate is always fun to look at.
“Moody’s Investor Services said the Town of Wayland remains on solid financial footing.” It is comforting to read this in the article Wayland's $100m development on track, eyed as revenue boost from Boston Business Journal today. Even though the current real estate market has required adjustments to the original plans for the Wayland Commons town center it still is moving forward.
The strong bond rating from Moody’s also helps confirm that Wayland Massachusetts is a town worth the real estate investment. It is important to see stability in towns and communities when considering purchasing a home. Another factor that does impact the value of real estate in a given town is the school system. Wayland’s is strong.
In fact, the average value of a single family residence has increased by 7.6% in Wayland. That is an increase in value from $585,245 in 2009 to $629,815 in 2010 for the average sale price of the home sold. (source MLSPIN). We also noted an increase of the number of homes sold from 128 to 133.
The facts are certainly encouraging and we remain confident in Wayland Massachusetts real estate market. We will continue to keep our eyes on the market and track the activity.
~ See you soon.
Dwell360 is a residential real estate firm that currently is marketing a luxury townhome in the town of Wayland Massachusetts. The property located within the Willow Brook community is set among the trees for a tranquil and peaceful setting. 104 Willow Brook Drive, Wayland, MA 01178 mls#71132504
“The guys of Dwell360 provide a level of service a cut above other agencies. They take a personal interest in finding you the perfect home to fit your needs. They have a n acute knowledge of the varying neighborhoods and properties in the Boston area, and a younger progressive attitude. I've sold one house and bought two houses with them, and continue to recommend them to everyone.”
We hope everyone is enjoying the snow today! We are enjoying working from home today. Keep safe and warm.
Spend a little time searching for your dream home on our website. You can view all the properties for sale in Massachusetts on the MLS. Sometimes it is jsut fun! Enjoy your snow day.
~ Your friends at Dwell360 real esate
According to CNN Florida seems to be the only state that has not gotten snow today. "After big snow and ice events in the Southeast, Plains, and Midwest this week, 49 out of the 50 states currently have snow on the ground – yes, even Hawaii, where snow falls in Mauna Loa and Mauna Kea all winter."
It does make us just a little jealous of our friends in Florida. But, one of the best things about living in the Northeast is the change of seasons. It might be a lot of work but it is an amazing sight outside.
Read the original article from CNN: Snow present in 49 of the 50 U.S. states
Dwell360 is a residential real estate firm based in Boston and Newton Massachusetts. Dwell360 services the cities and suburbs of metro Boston. We are focused on our customers and our experience in the residential real estate market is extensive. Search for homes in Massachusetts and then give us a call.
We wish everyone a happy and healthy new year. We hope your 2011 is a wonderful year.
We wish our friends, family, clients, and colleagues the warmest and happiest holidays and prosperous New Year. We are blessed to have such loyal and supportive friends – Thank you.
Warm wishes from everyone at Dwell360.
When you are considering selling and buying your home there are a few things to consider. HGTV's FrontDoor.com creates a good list to consider in their article "Buying and Selling Your House: 11 Resolutions for 2011" By Geoff Williams, published: 12/21/2010.
The list of list of 11 items (noted below) are all items you should think about if you are looking to buy or sell a home in the next 6-12 months.
- I will begin thinking about fixing up my house--now.
- I will clean out my house now.
- I will plan now to price my house as though we're living in 2011 and not 2007.
- Before I look to buy, I will seek pre-approval for my mortgage.
- Before I look to buy, I will clean up my credit score.
- I will number crunch and buy a house I can afford.
- I will think long term.
- I will interview more than one real estate agent.
- I will make this a business transaction and not an emotional decision.
- I will get a pre-inspection for my own house, before I sell it.
- I will think about moving and other logistics now.
Happy Holidays!
Dwell360 is a residential real estate brokerage based in Newton and Boston. Our experienced real estate agents service the metro suburbs and cities in and around Boston. Real estate is an exciting process and with qualified assistance you will achieve your goals and enjoy the process.
Happy Thanksgiving to our friends, family, past and present clients, colleagues & your families. We wish you a perfect day full of happiness. We are certainly thankful to have you as part of our family.
What would you say if I said the average price of a single family home in Newton Massachusetts is up? It is true. The average sale price is up 3.63% in the Garden City. A client needed some real estate sales data and some of the figures we compare was 2009 and 2010 sales data in MLS for closings for each year for the time range of January 1 – November 15.
For the time frame noted above, the average sale price in 2009 was $845,434 and in 2010 is $876,186 for single family homes. We also noted a slight increase in the actual number of single family homes sold just 428 in 2009 and 449 homes sold in 2010. One notworthy piece of data is the days a home is on the market before going under agreement went down by 6 days from 77 in 2009 to 71 in 2010.
It is always interesting to see how many of these sales exceed $2,000,000. In 2009 it was 11 homes and in 2010 there was 18 homes that sold for $2,000,000 or more. This is a notable statistic as higher priced homes can influence the average sale price in the given market.
In 2010 the single family homes on the market in Newton MA sold for 97% of the most recent asking price set for the property. But, these properties actually have sold for 94% of the original asking price of the home. A good illustration that properties well priced often need to take the next step and be aggressively priced to sell.
This was just some quick real estate market sale data for Newton Massachusetts. We will provide this information more often and as the New Year is on the horizon we will have some great data to share with you about Newton, Brookline, Boston, and other cities and towns we service.
Be sure to visit our new YouTube channel at YouTube.com/Dwell360. Dwell360 is a real estate brokerage based in Newton Ma that has experienced agents, state of the art marketing, and an understanding our the local market. Contact us for market data.
As our real estate firm Dwell360 moves forward we have some great things in store for the world of real estate. As we sit in our Newton office we have been planning the future of our firm and forecasting how the real estate market will develop in the coming year. We also are paying close attention to how the industry itself will change.
VIDEO: Select Sold Single Family Homes
Our firm looks to be leaders of change in the industry and we look forward to the innovations we have planned. Since Ed Johnston and John Lynch founded Dwell360 the energy and excitement has been exhilarating.
VIDEO: Select Sold Condos
Today, we begin our adventure into the world of video marketing. Video has become a wonderful way to market homes and provide real estate information. So take a look at our YouTube channel and view the recent properties we have sold. Also, check back again soon as we will be adding more to the site.
VIDEO: Sold Withington Road
Talk to you soon!
One factor to consider when looking buying a home is the cost of insurance. It is a topic that is often overlooked by buyers during the process of their home search. But, the cost for insurance, average of $900, is with you for the life of ownership and you take time to consider the implications. If you already own your home and it is vacant or unoccupied you should take a second look at your policy.
Just a few years ago I received a quote for insurance that was leaps and bounds higher then my current policy in place. It turned out that the Boston zip codes had been confused and all was quickly remedied in my favor. That was a taste of how sensitive real estate insurance rates can be for homeowners.
An independent insurance agent can often help you though the process of getting a quote for a prospective home you might be purchasing. In Massachusetts and the rest of New England when it comes to your home there is a long list of “what-ifs” and everything from natural disasters, mistakes, and human involvement play a key role.
MSN Real Estate’s recent article, “10 things that can lower or raise your homeowners insurance rates” is a great list of items to consider when looking to buy a home. Review the list below and review the article for more details of each item.
1. Is the area susceptible to hurricanes, mudslides, wildfires or other natural disasters?
2. How's the roof? New? Wind- and hail-resistant?
3. Is the plumbing new?
4. Does the electrical system meet current code?
5. How far away is the fire department?
6. How is the neighborhood?
7. How new is the home?
8. Has the home been well-maintained?
9. How secure is the home from burglary?
10. Is a swimming pool on the property?
If your home is vacant or unoccupied there are other considerations you must make. Often insurance agencies will void a policy after your home has been vacant after 30days. The REALTORS here at Dwell360 have seen many homes in both the city and suburbs of Boston. It would not be a shock to see missing copper pipes, vandalized property, leaking roofs, missing appliances, and personal items taken. In many cases issues that are sudden surprises to the seller.
When your home is vacant you need to make arrangements with your insurance provided. “The Massachusetts Property Insurance Underwriting Association (MPIUA) also known as the Massachusetts FAIR Plan (Fair Access to Insurance Requirements) provides basic property insurance on eligible property for applicants who have been unable to gain insurance through the voluntary market.” The cost might be higher with a policy willing to let your own be vacant but the risk of a home not being properly insured is much greater. Here are some tips for vacant homes from Inman News.
Dwell360 is a boutique residential real estate firm in Newton and Boston Massachusetts. Lead by REALTOR founders Edward Johnston and John Lynch the firm provides progressive solutions to buyers and sellers. We have current and continues experience in the cities and towns of Boston, Brookline, Cambridge, Chestnut Hill, Needham, Newton, Natick, Somerville, Wellesley, and other sought after towns. Please call 617-299-0012 or write service@dwell360.com.
Property valuation websites have a lot of information to offer. They provide details on properties, sale history, tax information, and estimate the value of the home. As a result, they become a topic of conversation with our clients on a regular basis. The only issue is we often find ourselves explaining to clients why the site is not always accurate.
Today, at a Boston real estate conference, Agent Reboot, Zillow representatives talked about their service and how they are among the only who post about their valuations accuracy. Zillow’s “Zestimate” that provides value estimates of single family homes, condominiums, and multi-families are often wrong. In fact Zillow has actually published their Zestimates accuracy for the Boston metro real estate market. Their median error is 8.9%.
This means if a Zestimate labeled your home with a $500,000 price tag it could really sell for $44,500 more or less than that price. In fact only 30% of the Zestimates are within 5% of the sale price. They actually review that 80% of the Zestimate are within 20% of the sale price. This is a big range. This is similar to say your home is worth $500,000 and will sell between $400,000 to $600,000. An article published by TechSavvyAgent also clearly outlines Zillow’s accurancy.
We do like Zillow. It is a way to collect information and we like information. But, if you are looking to it for your only price resource in Boston, Newton, Cambridge, Brookline, and other Massachusetts towns it is not the complete picture.
What are we doing different?
This is a question that many have asked with reference to our new brokerage. There is not just one answer to this question. But, my favorite answer is –
We have an understanding of the customer of the future. We know what they need today, what they will need tomorrow, and what they will require in the future.
We have built a real estate brokerage, technology, and marketing that will be a pioneer in the growth of the real estate industry. Each day more and more changes take place in the world and that has an everlasting effect on the real estate industry and customers. Dwell360 will provide progressive solutions and education to an important industry.
Dwell360 is a residential real estate firm founded by REALTORS, Edward Johnston and John Lynch who have been accredited with substantial success in residential sales throughout the greater Boston region. Dwell360 is based out of Boston and Newton Massachusetts.
Life at the Dwell360 real estate brokerage remains exciting!
We are working hard to build a premier real estate brokerage based in Newton Massachusetts that will service the Greater Boston cities and towns. The founders, Ed and John have a track record of success that has been the foundation of Dwell360.
Our name, Dwell360 (Dwell Three Sixty) is one that was developed to be fresh, simple, and modern. We did not want our firm’s name to look like a law firm’s collage of last names. Our personality is more then someone’s name. Dwell360 is a statement of progress and a brand that will grow by implementing tools, methods, and technologies that will provide results for our clients.
We hope we can help you buy or sell your home.
All we have been hearing lately from our past and present clients,
our friends, and everyone else is how great of an interest rate they can
get. Our mortgage contacts and real
estate attorneys have been super busy with the recent refinance boom. We have heard people getting rates from 4 –
4.50%.
The rates are really low. It was not too long ago people received interest rates well above 6% and higher. I know of one client who purchased a home with a 6.25% interest rate and now a couple of years later has refined to 4.25%. On a $400,000 loan that is a monthly savings of $495.11 that is $5,941.32 per year.
With interest rates as low as they are currently we are surprised there are not more people searching for homes. The markets in sections of Boston, Newton, Brookline, Cambridge, and other areas have some really positive statistics. That being said we would think even more buyers would be out shopping for home.
The buyers we she shopping now have an amazing advantage! The real estate market in the Boston Massachusetts area offers a lot of opportunity. You have less competition among buyers, more flexibility in price, and low interest rates.
Be sure to contact a reputable mortgage banker for information on current rates and to learn more about what mortgage programs are available.
This home is elegant, has a modern floor plan and classic details. Vaulted ceilings in the living and dining room give the home a open and spacious feel. The large eat-in-kitchen is the perfect gathering place while entertaining guests. A master suite is on the first floor with a walk-in-closet, large master bathroom, and peaceful views. A finished walk out basement provides for the extra family room or space you may need. A den on the second level is ideal for an office, media room, or sitting room. The second bedroom is spacious with direct access to the second full bathroom.
Open sun-filled space located in an excellent townhouse community. The home is well maintained and in move in condition. A wonderful home certainly worth a visit.
People in Massachusetts really love their home towns. They have energy and excitement when they speak about their community and there are some great places to live in the Commonwealth. Four cities in Massachusetts made it to this year’s list of “America’s 100 Best Small Cities to Live” found in August 2010 issue of Money magazine. The City of Newton took the third place on the list, Waltham 28th, Brookline was at 39, and Weymouth was listed at 52.
Money magazine “this year focused on the nation’s small cities (those with populations of 50,000 to 300,000). Reporters crunched reams of data to find the optimal combo of job opportunities, fiscal strength, top-notch schools, low crime, good health care, lots to do, and many other factors that help a town great for raising a family.” They also took a look at the overall strength of the economy and housing market in various American metro areas.
It becomes clear the real estate and economic climate in Massachusetts is a bit more promising then some other areas in the country. Money’s research pointed out that the metro area of Peabody and Boston have a “strong” economy and housing market with metro Cambridge getting the best rating of being the “strongest.” We think this is pretty consistent with what we have seen in the past year within the housing market itself.
The City of Newton Massachusetts with a population 82,000, 13 villages, and a rich New England heritage ranked third on the list of top 100 cities in Money magazine. The magazine highlighted the cities great schools, low crime, and strong economy as reasons for the favorable standing. It also noted pricey homes and traffic as negatives just west of Boston. We are also happy to see that it got noticed for having an “A” grade for “Arts/leisure” and for the “health” category. Schools are important in Newton, well ranked, and just this week the new, 413,000 square foot, $197 million dollar, Newton North High School opened its doors and features a college like amenities that is simply state-of-the-art.
With a population of 60,000 the City of Waltham Massachusetts was ranked 28th on the Money list. It scored an “A” grade for the Arts/leisure along with health. Housing affordability, though lower then Newton, is still high compared to other cities on the top 100 list. This city has seen recent renovations to their schools. Moody street is filled with restaurants and nightlife, home to Brandeis and Bentley University, and economically strong do to the large of corporations that call Waltham home.
Brookline Massachusetts with a 58,000 population is listed 39th on the list top America’s 100 Best Small Cities list. It might not get the best markets for housing affordability but this town gets the grade for everything else. Exclusive condos typically exceed a price tag of $500,000 and single family homes often considered estates reach well past the multiple million dollar value. Brookline’s exciting location next to Boston, active neighborhoods, public transportation, high-owner occupancy, and great schools make this town both stable and exclusive.
The fourth Massachusetts city on Money’s list is Weymouth Massachusetts and ranked at 52. Located on the south shore this area has more affordable homes and features 12 miles of ocean front. It is has reasonable commute to Boston. The location also provides its residences to beach, access to Cape Cod, and other exciting cultural and leisure actives in the area.
There are many fine cities and towns in Massachusetts. These are four that have been listed by Money magazine this year. We think they are great communities that deserve to be highlighted.
Dwell360 is a residential real estate brokerage in Massachusetts founded by Edward Johnston and John Lynch. Our experienced agents have a proven track record of success in the metropolitan Boston real estate market. Our offices in Newton and Boston help us service our clients in and around Boston, Brookline, Cambridge, Newton, Needham, Wellesley, Weston, and other premier towns. Feel free to contact us.
The condos sold for the same period of 2010 compared to 2009 have also done well. Cambridge did see a decline of in the average sales price by more than 7% but did see an increase of more than 35% in the number of condos sold.
2009 vs. 2010
Brookline – Single Family
Number of Listings Sold: 65 vs. 100 up by 35
Average Sale Price: $1,318,967 vs. $1,326,708 +0.5%
Brookline - Condominium
Number of Listings Sold: 319 vs. 336 up by 17
Average Sale Price: $534,427 vs. $530,761 +0.6%
Cambridge – Single Family
Number of Listings Sold: 59 vs. 71 up by 12
Average Sale Price: $1,057,348 vs. $1,227,286 +16.07%
Cambridge – Condominium
Number of Listings Sold: 319 vs. 432 yp by 113
Average Sale Price: $534,427 vs. $492,335 - 7.876%
Newton – Single Family
Number of Listings Sold: 312 vs. 334 up by 20
Average Sale Price: $859,695 vs. $894.813 +4%
Newton – Condominium
Number Listings Sold: 142 vs. 168 up by 26
Average Sale Price: $465,101 vs. $471,149 +1.3%
This market data for homes sales in these Massachusetts towns shows that the market has been very active in 2010 compared to 2009. The number of homes sold have increased and single families are fetching more money. Sellers have become more realistic with their pricing, this mixed with some record low interest rates, has created a very good enviroment this year to purchase a property.
For more infomraiton on your market or the values in tour town please contact us at service@dwell360.com. Also visit our website Dwell360 to learn more about our real estate brokerage in Massachusetts.
Dwell360 is a Massachusetts real estate brokerage firm that services the metro Boston real estate markets. Founded by experienced REALTORS, Edward Johnston and John Lynch, Dwell360 leverages its technology and extensive experience to create effectively provided educated consultation and results driven solutions for both our sellers and buyer. Our team is located both in Boston and Newton Massachusetts with experience in Boston, Brookline, Cambridge, Chestnut Hill, Newton, Davis Square, Wellesley, Needham, along with other specific experience in nearby cities and towns.
We have just listed a wonderful Brighton condo in the heart of Cleveland Circle. Year to date, 1/1/2010 - 7/1/2010 we have seen 157 condos sell in Brighton with an average sale price of $295,724. It has been an active time and is becoming a great time to get into the market.
Brighton continues to be an area on the cutting edge of city life. Surrounded by various colleges and universities, its accessibility in and around Boston, and is hip residents keep this area very exciting. It would not take much time to find something great to do in Brighton or in the area of Cleveland Circle never mind the access you get to the surrounding community by way of the B, C, and D trains of the Green line.
93 Strathmore is in the heart of this wonderful area. Tucked into a Brighton neighborhood is this wonderful building. A sun lit, top floor, corner unit, that easily can be called home. This one bedroom is spacious home, has hardwood floors, high ceilings, large bedroom, and plenty of closets. An inviting foyer leads to an oversized living room. Relax in your eat-in kitchen with treetop views. Come visit this property today for its fantastic location.
This condo is a great opportunity. $225,000
Brookline Massachusetts is an exciting town and great Boston neighbor. The average sales price year-to-date (1/1/2010 – 7/1/2010) for a condo in Brookline is $526,176 with 291 condos sold. Our newest listing 7 Verndale is a great opportunity to become a past of a great community rich in history with a strong real estate market.
The Town of Brookline is an amazing place made up of fantastic restaurants, shopping, cultural centers, parks, playgrounds, and serene neighborhoods. This town it is easier to find higher owner occupancy rates and condos within buildings that truly show price of ownership. Coolidge Corner is one of the hubs of great activity in Brookline and 7 Verndale is a location that affords the opportunity for you to take advantage of what life in Brookline offers.
This home is a spacious and updated three bedroom condo in a turn-of-the-century brownstone with access to Harvard Street, the T, Coolidge Corner, and more. Set on a residential tree-lined street you also have access to parks and playgrounds. It is a home all about the conveniences of the city with the serenity of a residential setting.
The inviting foyer is what greats you upon entering this home. Features like the fireplace, open living and dining rooms, updated kitchen with pantry, built-ins, extra storage, parking, new windows, washer and dryer, and more are just some of the highlights of this home.
This access that the resident will have to Brookline life is excellent. A place that will afford a buyer the excitement of the city with the tranquility of a tree-lined street. Parks are just around the corner, restaurants on Commonwealth Avenue and Harvard Street are excellent. Plan a visit today. Listed at $519,000
We are excited to present 61Quint.com for sale. It was about five years ago when we represented our client in the purchase of this great property. It has been a great home and as great things happen it is time to move on. We could not have been happier to get the call again to help sell the condo.
This Allston condo is in the heart of the activity that surrounds Allston, Brighton, and Brookline. This area is often perceived to be a center point of accessing some of the best Colleges and Universities in Massachusetts, along with businesses in Cambridge, Watertown, Boston, Newton, and other nearby locations.
This condos location puts its occupants in a hip community with access to nightlife, restaurants, pubs, clubs, shopping, and a vibrant neighborhood. Allston, a neighborhood of Boston, has excellent access to the trolleys, buses, and trains of the MBTA T. This community is an exciting place.
61 Quint Avenue is a condo perched on the top floor of a well respected Allston building. The living room, 21 x 21, is window lined, sun-filled, circular, and has a tree-topped view. This unique living room is part of a building with architectural interest that has truly been maintained by the owners with pride.
The condo also features an updated kitchen with granite countertops and stainless steel appliances. The interior of the condo had been freshly painted, has gleaming hardwood floors and new windows. Each of the two bedrooms is spacious and has very good closets.
Don’t forget the new common roof deck & assigned parking. You can slip up to a space that overlooks the tree-tops and surrounding community. It is an unique site for an Allston condo. Laundry & storage are located in the basement. Move right in.
We are so excited to help our clients again. Listed at $319,000.
Just a few days ago Ed and I left William Raveis Real Estate to begin opening our new firm Dwell360 (Dwell Three Sixty.) It has been an exciting few days. At this has been taking place I picked up and flew to California to attend the Inman Connect an innovative real estate conference. Ed has been powering all the progress back at headquarters.
It has been a successful few days. Some clients have called looking to list their homes and buyers are heating up their searches. I have been hearing from real estate leaders and influencers about their companies, their products, and real estate industries growth.
Craig Newmark of Craigslist has some great things to say about the social phenomenon around Craig’s List and real estate. Social media has been one of the top topics at the conference and Reddit.com founder Alexis Ohanian nicely outlined how social media really can propel a topic into the minds of the public. These and the many other speakers have been extremely interesting.
Property search is going to change over the next few years. The search functionality will be more intuitive and free flowing. Also, the need for mobile solutions is something at the top of everyone’s list here at Inman. I have identified a few great ways the Dwell360 will be able to leverage technologies to be at the front of the real estate marketing online and with mobile.
Technology in real estate is always changing and I am excited to see that we will be a part of the evolution. For your clients this will ultimately mean we will provide better results!
See you soon!
We are very excited to announce that we will be launching our own independent real estate brokerage here in Massachusetts. Ed Johnston and John Lynch will be building DWELL360 a boutique brokerage that is focused on providing clients with the best possible service from well qualified real estate agents. The towns of service will include Boston, Brookline, Newton, Wellesley, Cambridge, and other communities that we have worked in throughout the Metro Boston area.
We look forward to this new and exciting chapter!
Ed & John
This home is elegant, has a modern floor plan and classic details. Vaulted ceilings in the living and dining room give the home a open and spacious feel. The large eat-in-kitchen is the perfect gathering place while entertaining guests. A master suite is on the first floor with a walk-in-closet, large master bathroom, and peaceful views. A finished walk out basement provides for the extra family room or space you may need. A den on the second level is ideal for an office, media room, or sitting room. The second bedroom is spacious with direct access to the second full bathroom.
Open sun-filled space located in an excellent townhouse community. The home is well maintained and in move in condition. A wonderful home certainly worth a visit.
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Today, I came across an article from CNNMoney.com titled “6 biggest mistakes home buyers make.” After taking a look at the list I thought the six items are noteworthy. I am not sure if they are the biggest mistakes that a buyer can make. But, the list is one worth review. Here is why I think the six items they mention are important to a buyer.
1. Know Your Credit Score – Your credit score one of the major factors in what a bank will review and consider when approving you for a mortgage. Not only do you need to know your score you need to know what that score represents.
2. Don’t buy a car before a house – Or any other major purchase. When you make large purchases your credit can be affected and your cash reserves will also be affected. If you took a loan for that new car now you might feel more pressure to qualify for a mortgage. If you paid cash for that same car, keeping that cash on hand in the bank, could have better results for you qualifying for a better rate on your mortgage.
3. Skimping on a home inspection – We spend a lot of time with our clients making sure they do not skimp on their home inspection. This is a critical time to learn about your home and perform any needed due diligence. You need to take the time to be a part of this important process.
4. No Attorney – We encourage everyone to have an attorney when they are buying a property. Often there are many unforeseen issue that arise with the title, the sale, and the parties involved. A good agent will help control that but certain issues an attorney needs to handle. Often with a great team in place you will not even notice the issues.
5. No Contingencies – You should have a home inspection contingency or mortgage contingency when you are purchasing a home. If you know you need a mortgage then you should never waive that element of the offer. Contingencies are part of your offer to protect your interest.
6. Budgeting for Insurance – It is important to budget for the other items associated with home purchase. Home owners insurance is one, don’t forget about property taxes, utility bills, and landscaping. If you are upsizing or first time home buyer these items might be more expensive then you are used too.
A great buyer’s agent will help you thought the process and make sure you do not make any big mistakes. These six from CNNMoney’s are notable along with others. So, take your time making that purchase and all will go smoothly.
It has been a busy few months. Ed and I have put under a very solid number of properties under agreement in the last month. It has been exciting and the activity stills continues. We have put listings under agreement and buyers have secured properties. But, there is more work to be done.
As Ed posted the other day he took one client out to see 26 properties in three days. A few days ago I took clients from the west coast out to see 32 properties in three days. Then we have local buyers that have put in offers on properties and each time is dealing with multiple bid situations. Then there are a few other buyers are just sitting waiting for something to visit.
In the markets we deal in (there are a few like, Newton, Brookline, Boston, Wellesley, Wayland, Waltham, Cambridge, & other great Massachusetts towns) there are plenty of people interested in purchasing a property, but the inventory is not great. The homes that are in great condition with a price that presents a certain amount of value to the buyer are scooped up and at times in multiple bids situations.
What does that mean?
The buyers visit a lot of home. They are learning about the market everyday and have been doing their homework. After visiting dozens and dozens of homes they understand their price range better than some real estate agents. Then when they walk into a well priced, great condition home, that has a great price it is gone.
The buyer knows when there is something well priced. Now, I mean well priced, not free, not being given away, a price that presents a fair value. Buyers are ready and want to purchase a home. They just are willing to wait for the place that works best for their life and their pocket book.
So for the people with those perfect homes that want to move you will stand out if you look great and are priced well.
It has been wet, very wet, here is Massachusetts. To the point that FEMA announced that federal disaster aid has been made available for the Commonwealth of Massachusetts. This is a significant resource for the state to help correct the damage of these major rain storms.
“The president's action makes federal funding available to affected individuals in Bristol, Essex,
Middlesex, Norfolk, Plymouth, Suffolk, and Worcester counties. Assistance can include grants for
temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other
programs to help individuals and business owners recover from the effects of the disaster.”
Along with the federal aid programs available
This also could impact a buyer’s mortgage on a home in
the above counties mentioned. It may
require re-inspection by the appraiser or some other addition paperwork. So if your currently involved in a real
estate transaction be sure to address this issue with your lender or real
estate agents.
Today, Ed and John are launching their team website, www.JohnstonLynch.com. The new website is a new platform that will help us get information to our clients faster and be more effective in our marketing efforts.
The new website has an integrated blog and property search capabilities. The site also integrated our listing websites so they are continuously featured to visitors of the site. We have streamlined our marketing that has always been successful, and created an even easier way to communicate, consult, and market real estate.
Be sure to stop by on a regular bases to see more information about real estate in the Metro Boston neighborhoods.
See you soon, Ed & John
Johnston | Lynch Group at William Raveis Real Estate
Service Providers
Real Estate Attorney
Rosenberg, Freedman & Goldstein LLP
Newton, MA 02460
T: 617-964-7000 x30
F: 617-964-4025
Email: llee@rfglawyers.com
Firm web site: www.rfglawyers.com
Gilmartin, Magence, & Ross
305 Washington Street
Newton, MA 02458
p: 617-964-4300
f: 617-964-1234
GMR-Law.com
50 Milk Street
20th Floor
Boston, MA 02109
p: 617-338-6550
f: 617-482-9710
ElizabethFrantz.attorney@verizon.net
Mortgage Loan Officers
Leader Bank
160 Gould Street, Suite 102
Needham, MA 02494
p: 781-474-5077
f: 781-465-6620
bkurzman@leaderbank.com
Omega Mortgage
7 Wheeling Ave, Suite 2A
Woburn, MA 01801
p: 781.995.3440
f: 781.995.3423
paul@omegamortgage.com
Fairway Independent Mortgage
18 Crawford Street
Needham, MA 02492
p: 781-719-4673
f: 781-719-4684
Property Inspector
As regulated by Massachusetts, we can only make a recommendation of an inspector after you have contracted for us to be your buyer agents. Until then, the following link will give you access to all the licensed inspectors.
The Board of Registration of Home Inspectors
1. Preliminary Consultation
The first time we talk we will review your overall objectives in searching for a new home. We will spend sometime getting to know how the process will work and review each step of the process. This will be a great time for you to go over any questions you have.
2. Obtain a Loan Pre-approval
A "Pre-approval" means you have met with a loan officer, your credit files have been reviewed and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. Based on this information, the lender will provide a pre-approval letter, which shows your borrowing power. You can visit as many lenders as you like and get several pre-approvals, but keep in mind that each one carries with it a new credit check, which will show up on future credit reports.
3. Establish Your Search Criteria
A home is more than just a collection of bedrooms and bathrooms. Several properties -- each with four bedrooms, three baths, and the same price -- may well represent radically different designs, commuting distances, lot sizes, tax costs, interior dimensions, and exterior finishes. Together, we will consider your priorities and establish a criterion that works for your search. How do you stay updated? Once you establish the criteria for your search an online account will be set up to keep you informed on your current properties. Each day you will be emailed with updates on properties fitting your criteria. You will have the ability to look at pictures, property details, and other important information.
4. Look at Homes
Once you have established the search criteria we will begin visiting the listings that fit your criteria. We can visit any property that fits your criteria. Online listings and other properties that I find will be considered for our tours. Once we identify the properties of interest, I will make all the arrangements necessary for us to tour the homes. When can we look? Anytime. We can set-up days and times in advance and work around your commitments. When ready to look at homes we can set-up a tour of one home or many. In most cases 24 hours or more is needed to establish a visit. If the circumstance arises requiring an immediate visit we will make every attempt possible to arrange a visit.
5. Choose a Home
As a buyer, here's what actually happens. A home has been placed on the market for which the seller has established an asking price as well as other terms. In effect, this is an offer. At this point, you have three choices: accept the seller's offer and create a contract; reject it and not make an offer; or suggest different terms and make a counter-offer. If you choose this last option, the seller may accept, reject or make a counter-offer. No aspect of the home buying process is more complex or personal than bargaining between buyers and sellers. This is the point where the value of an experienced REALTOR(R) is clearly evident because he or she knows the community, has seen numerous homes for sale, knows local values and has spent time negotiating realty transactions.
6. Make an offer
7. Get an accepted Offer
a. Inspection - conducted within 5-10 days
b. Buyer and agents present
c. Radon test can be conducted at this time also
d. Buyer pays inspection company directly
e. Response to Inspection - within 24 hours of inspection report
f. Provide notice of any issues needed to be addressed
h. Obtain any additional documents/information
j. Special contingencies
k. Mortgage Application
l. Within a few days of accepted offer you should contact your mortgage broker and begin the full application process
m. Choose an attorney to handle your transaction
• Deposit due at this time, traditionally 5% of purchase price
• All parties must sign by deadline
An agent's image and attitude is very important in successfully selling your home. The Johnston | Lynch Group make sure all potential buyers feel comfortable visiting and learning about their new home. It makes a difference and can give that buyer the comfort to make an offer. We create a positive atmosphere that lead to productive results.
Marketing: Progressive, Sophisticated, & Excited
We combine leading marketing techniques, sophisticated market knowledge, and a positive attitude.
Property Web Site
Our professional web site bearing your home's address as the web address provides buyers the accessibility and information they demand. The site shows off your homes exquisite design, features important details of your home, and is a leading marketing tool.
Professional Photography
Architectural photographs will provide the warmth, style, and image needed to sell your home. Buyers start their search on the internet and our photographs will get the attention of an individual looking for a luxury home.
Virtual Tour
A professional virtual tour will provide the access and dynamic exposure your home needs in today's market. Potential buyers send listing information and links to their advisors, family, and friend for their consultation. This is just one more resource that will help a buyer make that final decision to see and buy your home.
Floor Plan
A professional floor plan will be prepared for the property. The floor plan will be available online and in print for potential buyers to review.
Yard Sign
Our sophisticated sign is professionally installed and includes your homes custom web address that will tell buyers their location and give them access to the critical details of your home.
Multiple Listing Service
We will list your homes in the Multiple Listing Service (MLS). Details of your home, a compelling description, and photographs are all included. Agents receive their information from the MLS database.
Staging Consultation
It is critical in today's market that your home gives the buyer the best feeling possible. Together we will make sure your home looks it's very best. You will also have access to our preferred staging experts.
Online Marketing
The Internet is the most powerful tool. More than 80% of buyers start their search on the Internet. We give your home the most coverage possible online from every major real estate web site to local resources for home buyers.
Premium Services/Placement at:
Trulia.com, Zillow.com, Boston.com, Dwell360.com, along with : Realtor.com, Yahoo.com, Craigslist.org, Google.com, FrontDoor.com, Brokerage Real Estate Companies
Along with hundreds of other web sites!
Property Brochures
Our quality brochures feature photos, details, floor plan, and additional information to communicate the important details of your home to the buyer.
Email campaigns provide your property information, web address, and other details an extensive list of interested parties.
Direct Mail
Featured Property Cards are sent to your neighbors and community to support our marketing campaign of your home.
Social Media
We publish listing information, links, write ups, and more on various social media platforms including: Facebook, Twitter, and Linkedin.
Events
We attract interested parties to your home with well publicized and creative events, open houses, broker open houses, and through private showings.
Service: Attentive, Responsive, & Proactive
It always is a pleasure to show your home and we keep ourselves available to do just that. We understand the needs of potential buyers and we strive to present your home positively and professionally.
Price Evaluations
We continuously provide you with market information so you stay current with today's market. At each step in the process we are always evaluating your home's value.
Reliable Planning
Appointments, clients meetings, appraisals, inspections, and other appointments require proper planning and punctual performance. We guarantee a reliable and responsive service.
Showing Feedback
As we show your home we then contact buyers and/or their agents after a showing to obtain feedback. This often can help us address concerns the buyer has with your home. It also provides great resources for helping correct any issues with the home that prevent someone from making the offer. Once we find the buyer, an entire new set of skills are required to get your home to close.
Negotiations
The Dwell360 real estate agents are experienced negotiators. Terms, conditions, legal implications, and other concerns can make selling your home feel invasive and we help you maintain focus and clarity throughout the entire process. We have over 13 years of combined real estate negotiation experience and additional high profile experience from previous corporate positions.
Transaction Management
The entire process of selling your home is cumbersome. We simplify that process and are extremely attentive to the details. Paperwork, inspections, deposits, banking requirements, along with other important details are closely monitored and proactively managed.
Communication
At all times we remain in direct contact with our clients. Communication is the corner stone of our relationship with our clients. We keep you up-to-date during the entire home process. This will help you make informed decisions and feel comfort in knowing your home is being sold by excellent REALTORS®.
Safety & Security
Safety is an important part of representing your family and your home. All potential buyers are pre-screened prior to visiting the home. At open houses we have visitors sign in and we keep a watchful eye. An agent who is attentive to the security of the home will deter the would be thief.
Updates
Updates
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Featured DwellAgent user Henry S. Schwier, Inc. is a boutique real estate brokerage in Sea Girt, New Jersey. We are excited to have such a great firm using our website applications.13 months ago
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DwellAgent is mentioned in an AgentGenius article!14 months ago
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Excited to be set up at the Staten Island Agent Day14 months ago
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Excited to meet all the REALTORS from Staten Island Living at Agent Day.14 months ago
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@dwellagent is set up at the continueing ed class with @KrissLawOffices14 months ago
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Looking forward to spending Friday with the crew from Kriss Law + Atlantic Closing & Escrow, LLC. at the Newton Marriott. Will we see you there?14 months ago
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Featured Example Site: Steven Braden, get rave reviews for his site. We are excited to have him on our platform. It has been very busy here at DwellAgent recently... and we will try to post more sites of our current users... Lots of fun and exciting things going on!14 months ago
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Our very own John Lynch is quoted in the great Property Ad Guru article.15 months ago
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Google retires real estate listings of Google Maps, http://bit.ly/fupyzJ15 months ago
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Agent Ron Reed, is taking advantage of a FREE listing website @dwellagent, take a look http://bit.ly/gCP2RD16 months ago
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The EastSideBubble.com website wrote about the DwellAgent free listing websites. Thank you!16 months ago
Updates
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Josh Wardell filmed one of the Medford, Ma highway 93 bridges being torn down last night. This is part of the MassDOT's rapid bridge replacement plan. MassDOT removes and replaces a bridge on 93 in one weekend with a pre-fabricated superstructure. What this equipment can do to a piece of steel is great!11 months ago
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Thanks for the great review!12 months ago
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12 months ago
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A new listing that went on the market today... already a lot of activity. The song on the video just gets me ready for summer.12 months ago
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e received another review from one of our clients... Thank you for the wonderful words!12 months ago
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Massachusetts Pending Home Sales Has Record Jump from February to March12 months ago
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Here is another Market Report from Dwell360, this one for the City of Newton Massachusetts residential sales. Take a look.12 months ago
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Review our real estate market report for Cambridge! http://dwell360.com/posts/38013 months ago
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The spring real estate market has been very busy! Buyers are out, ready, and we need some quality inventory to show. All the good places are going quick. Among other properties he is a recent listing we just sold.13 months ago
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Take a look at what our marketing brochures look like.... this property 35Tyler is currently listed at $1.995m.13 months ago
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Have you taken a look at our video of 35 Tyler? Live shots of the 6,000 sq . ft home.13 months ago