Home Prices: Where Will They Be in 5 Years?

My clients make good decisions because they are well-educated… the transaction is well-executed, and the CLOSING is well-delivered! Here’s a sample of the information I provide to my clients (short & sweet, just the meat – no fillers): Today, many real estate conversations center on housing prices and where they may be headed. That is…

Rethinking Your Christmas List This Year

This article comes courtesy of Realtor.com Getting a Down Payment as a Gift? Why NOT?? Why not give a gift that will KEEP on giving for years to come?!? The first time I talked with a mortgage broker about buying a home, he suggested I just ask my parents for help coming up with the down…

Thoughts on Multi-generational Living…

Multi-generational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multi-generational homes dropped to as low as 12% in 1980 but has shot back up to 19%,…

Budget Friendly Projects With Big ROI

Not all home improvement projects are created equal. Some renovations may cost a lot but not add significant value to your home. This list goes in the opposite direction: Here are some inexpensive home improvement projects that will not only increase your enjoyment of your home, but will also increase the home’s value. High quality…

Don’t turn a FSBO into a FPBB!

Don’t turn a FSBO into a FPBB… what’s an FPBB???   Failed Purchase By Buyer…   Did you know that as a potential Home buyer you can enlist the aid of a Licensed REALTOR for the purchase of a home being privately sold by its owner (commonly referred to as FSBO)?   So you’re out…

3 Simple Steps to 3%

Start today.. contact me or your lender and discuss what your first step needs to be. You may be more ready than you think! If you can gather first, last, and security deposit to rent … why not put that same cash to work as a down payment on your OWN home! Rents can be…

OPEN HOUSE Sunday June 5

OPEN HOUSE Sunday, June 5 ===> 12-2 37 Sheri Lane, Sheri Lane Estates, Agawam MA Uncomplicated living … conveniently located with easy access to Rts 57, 90, 91, 159 – all points MA & CT. This 3 bedroom (large master), 1.5 bath townhouse condominium has a lot to offer and features so many updates including efficient GAS…

Remodeling estimates by zip code

NAHB Releases Remodeling by Zip Code Estimates for 2016 BY PAUL EMRATH on MAY 25, 2016 NAHB has released its latest projections of spending on improvements to owner-occupied housing by zip code. The projections show total spending on improvements, the number of owner-occupied homes, as well as average spending per improvement, in each zip code for…

Amazing views – Affordable Luxury

This 4 bedroom 1 1/2 bath home in West Springfield could be just what you’ve been waiting for! Located in the highly desirable Tatham section, this 8 room home features high-end kitchen upgrades, hardwood floors, formal livingroom, dining room and family room. Marble fireplace, elegant entryway… and a large deck looking out toward Westfield…. Close…

No Housing Bubble? Then What is IT??

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real estate right now at all.” Later, when questioned whether…

Further Proof This Isn’t a Housing Bubble

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes. Here is a graph showing the…