Worcester MA real estate report: October 2008
Single family homes
Average sale price in Worcester, October 2008: $183,895
Average days on the market October 2008: 137.27 days
Number of properties sold October 2008: 71
Number of properties under agreement October 2008: 46
Statistics from October 2007:
Average sale price in Worcester, October 2007: $218,885
Average days on the market October 2007: 105.04 days
Number of properties sold October 2007: 72
Number of properties under agreement October 2007: 0
As we have all heard, prices are lower than this time last year. But the market is still moving forward and properties continue to go under agreement. It’s a great time to buy!
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Real Estate in Central Massachusetts Worcester Property Management LLC is a full service realty firm who specializes in buying and selling real estate in Worcester County and central Massachusetts. Worcester Property Management LLC also offers condo association management, apartment rentals and property management. Visit www.worcestermanagement.com for more information.
Source: Associated Press, by Melissa Kossler Dutton, November 9, 2008
Do-it-yourself clubs are popping up around the country. Comprised of homeowners who need help with projects but lack the time, money or tools to do it fully themselves, they band together with other neighbors to compound their efforts. Typically 1-2 times per month, club members devote a day to helping at a member's house. This helps in the sharing of tools, knowledge and time...and saves everyone money.
Thinking of starting a club yourself? Have some rules in place. For instance, every member gets 1-2 weekend projects done a year. All members must devote at least 1 day a month to working on club projects. The host member must provide breakfast and lunch for the members.
Overall, this is an excellent idea to pool resources and improve your property. Click here to read the full article...
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Green Condos—Energy efficiency at its best! Live in a truly energy efficient condo. Dickinson Place at 20 William Street in Worcester offers FOUR times the insulation value of other condos. We are so confident in our efficiency we are offering a five year heating cost credit if you are under agreement by Nov 30, 2008. Contact me more for details!
Real Estate in Central Massachusetts Worcester Property Management LLC is a full service realty firm who specializes in buying and selling real estate in Worcester County and central Massachusetts. Worcester Property Management LLC also offers condo association management and apartment rentals. Visit www.worcestermanagement.com for more information.
I get asked this ques
tion often: what exactly is Buy Worcester Now? How does it work? Unfortunately, I hear many people are getting frustrated that they can't get specifics on it from real estate agents or the Buy Worcester Now website.
Bottom line: the specifics depend on you and your situation
Here are the basics:
* the property needs to be in Worcester. There is no specifics on certain neighborhoods in Worcester, it just needs to be a property in Worcester.
* it needs to be your primary residence when you buy it
* you need to be a first time buyer (which means you can not have bought something within 3 years)
Next, call a participating lender (ask your real estate agent who they recommend or look on http://www.buyworcesternow.com/lenders.html). There are several loan programs, depending on your income and situation. Talk to the lender and find out what you qualify for. Different programs have different incentives: lower closing costs, waived application fees etc.) FInd out the specifics of what incentives for which you qualify.
You can begin talking to a lender before you find a property on which to put an offer. Once you find out the program and incentives, you can decide if it makes sense to target Worcester to buy in, or if you want to broaden your search into neighboring towns. Once you put an offer on a property, you can begin to shop around to different lenders to decide which bank you want to ultimately go with.
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Green Condos-Energy efficiency at its best!
Live in a truly energy efficient condo. Dickinson Place at 20 William Street in Worcester offers FOUR times the insulation value of other condos. We are so confident in our efficiency we are offering a five year heating cost credit if you are under agreement by Oct 31, 2008. Contact me more for details!
Real Estate in Central Massachusetts
Worcester Property Management LLC is a full service realty firm who specializes in buying and selling real estate in Worcester County and central Massachusetts. Worcester Property Management LLC also offers condo association management and apartment rentals. Visit www.worcestermanagement.com for more information.
Northborough MA real estate report: third quarter 2008
Single family homes
Statistics from third quarter 2008
Average sale price in Northboro, July-September 2008: $330,429
Average days on the market July-September 2008: 126.57 days
Number of properties sold July-September 2008: 21
Number of properties under agreement July-September 2008: 8
Active listings: 72 properties
Statistics from third quarter 2007:
Average sale price in Northboro, July-September 2007: $454,013
Average days on the market July-September 2007: 97.04 days
Number of properties sold July-September 2007: 50
Number of properties under agreement July-September 2007: 0
Active listings: 72 properties
You can see prices have declined by 27% since the third quarter last year. Sales are also down. However, the number of properties under agreement is up from 0 to 8 properties. Inventory remains at the same level.
Green Condos-Energy efficiency at its best!
Live in a truly energy efficient condo. Dickinson Place at 20 William Street in Worcester offers FOUR times the insulation value of other condos. We are so confident in our efficiency we are offering a five year heating cost credit if you are under agreement by Oct 31, 2008. Contact me more for details!
Real Estate in Central Massachusetts
Worcester Property Management LLC is a full service realty firm who specializes in buying and selling real estate in Worcester County and central Massachusetts. Worcester Property Management LLC also offers condo association management and apartment rentals. Visit www.worcestermanagement.com for more information.
Green, energy efficiency condos at Dickinson Place, Worcester
Worcester MA real estate report: third quarter 2008
Condos
Average sale price in Worcester, July-September 2008: $128,489
Average days on the market July-September 2008: 177.83 days
Number of properties sold July-September 2008: 83
Number of properties under agreement July-September 2008: 64
Active listings: 345 condos
Statistics from third quarter 2007:
Average sale price in Worcester, July-September 2007: $172,988
Average days on the market July-September 2007: 170.43 days
Number of properties sold July-September 2007: 108
Number of properties under agreement July-September 2007: 0
Active listings: 345 condos
You can see prices have declined by 26% since the third quarter last year as well as sales. However, the number of condos/townhouses under agreement is up from 0 to 83 properties. Inventory remains at the same level.
Green Condos-Energy efficiency at its best!
Live in a truly energy efficient condo. Dickinson Place at 20 William Street in Worcester offers FOUR times the insulation value of other condos. We are so confident in our efficiency we are offering a five year heating cost credit if you are under agreement by Oct 31, 2008. Contact me more for details!
Real Estate in Central Massachusetts
Worcester Property Management LLC is a full service realty firm who specializes in buying and selling real estate in Worcester County and central Massachusetts. Worcester Property Management LLC also offers condo association management and apartment rentals. Visit www.worcestermanagement.com for more information.
Christina Dowell is a Boston College graduate with extensive real estate experience in Worcester County including first time buyers. She is professional, experienced, dedicated and a great negotiator.
Special Promotion: 5 year heating cost credit until Oct 31, 2008
Seller so confident in the energy efficiency of the building, they are putting money on it!
You'll love your heating bills in this ultra energy efficient high end Worcester condo in newly constructed 12 unit building on William Street. Conveniently located in a great neighborhood with easy highway access, these condos boast of:
These condos have extremely low utility costs because the building was contructed with state-of-the-art building technology that offers these condos four times the insulating value of traditionally built properties. Lots of people say their property is "green" but this is the real deal!
List price: starting at $164,900
For more information, call 508.856.0711 or visit www.worcestermanagement.com
Christina Dowell has been involved in real estate for more than 8 years as both a real estate agent, developer, and investor. She has extensive knowledge of Worcester County and is known for being a thorough and professional Realtor. Her clients include first time home buyers, investors and people who are simultaneously buying/selling properties.
Christina is a alumna of Boston College with a degree in Business Administation. She has previously worked in London England and has work experience in web marketing, Internet e-business solutions for B2B, event planning, product strategy and sales. She has taken this experience and used it to formulate an extensive web marketing program for her clients' listings. Christina also has an extensive referral network of professionals she is happy to recommend!
Call her today to discuss your real estate needs!
Worcester Property Management LLC is a full service realty company specializing in:
•· buying and selling real estate in Worcester County
•· management of condo associations
•· apartment rentals / tenant placement for apartments and condos
Buying & selling Worcester real estate -use a local expert!
Looking to buy or sell a property? Worcester Property Management LLC can help. Call us for a free market analysis or to discuss your situation. We have real estate agents ready to help you navigate the real estate market. We specialize in both buying and selling single family homes, condos and investment properties. Use our local expertise to find the best deal in this area!
Managing Worcester County condo associations
Let us manage your property to its fullest potential AND get control of your costs at the same time.
If you are tired of the unexpected increased costs billed by your current condominium management company, try our service. There is no risk - you will always know what you are paying for with our flat service rate. No surcharges, no added line items, no outrageous billing - just our flat rate that encompasses everything you need. Plus, we do not inflate subcontractor invoices - the cost they charge is passed directly to you.
Our flat condominium management fee includes:
•· Complete financial and operations management
•· Collection of all condo fees; accounts payable for all vendors
•· Full financial administration and reporting including all banking, budgets, balance sheet & bank statement reconciliation
•· 0% markup on all vendor and sub-contractor invoices
•· Free weekly walthroughs by our staff of common areas
•· Negotiation of all contracts; Board approves all long term vendors before contract is signed
Our condo management package is specifically geared toward the needs of each individual association. Call us today so we can discuss how we can help your association.
Worcester apartment rentals & tenant placement
We'll find you a new tenant, screen them, verifiy employment, conduct a credit and criminal check. Once you approve a tenant, we complete all the lease paperwork. The most important step in having a successful property is to find good quality tenants -- we take it seriously.
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