NEEDHAM THRIVES/HOMES ARE SELLING/PEOPLE WANT TO LIVE HERE. Needham is insulated it would appear. It is proven over and over again by how the homes just keep selling. We have been insulated here. There are 25 properties that have pending sales in the past month. There were 21 homes that closed in the past month from $350,000 to $1,530,000 at 97% of the asking price and original price and that was average. One sold for 106% of original price. There are only 86 single family homes on the market at the present time.
The newest report is that that sales are up 6.6% in Massachusetts over last year compared to sales in October, 2007.
With inventory down properties will go up in price. according to the Massachusetts Association of Realtors.
Plus the announcement of the drop in interest rate that is a tangible help to today's buyer. It went down a whole .5% to roughly 5 1/2%.
There are reasons to be optimistic in the real estate market in Needham, Massachusetts today.
Pat Baker, Real Estate Expert - Coldwell Banker Residential Brokerage, Needham, MA - Serving my clients in Needham, Wellesley, Dover, Natick, South Natick, Holliston, Sherborn, Weston, Dedham, Millis, Medfield, Medway, Westwood. www.patannbaker.com 617-435-3471
During the last 7 days there were 9 single family homes that went under agreement. I believe that now the elections are over people can make decisions. That is just me talking out loud, but I have seen more activity since November 4th.
There are lots of buyers out there and there are more properties coming on the market.
I have also noticed there is more activity online as well previewing properties there first. There just seems to be an uptick in the activity.
Gerenerally if someone is looking at this time of year they would like to be in their new home before the holidays if possible. First we Thanksgviing and then all the holidays are launched and people have other shopping on their minds besides shopping for homes.
Interest rates are still great. There was a time when they were up to 19%. It is truly amazing the rates we have enjoyed and I sure hope they stay that way.
Pat Baker, Licensed Real Estate Broker/Agent - Coldwell Banker Residential Brokerage, Needham, MA Serving my clients in Needham, Wellesley, Dover, Dedham, Weston, Westwood, Holliston, Sherborn, Natick, South Natick, Medway, Millis, & Medfield. www.patannbaker.com
How is it going in Needham these days, real estate-wise. Not too shabby. Needham property is moving along.
Come join us at Geneses Salon & Spa
November 12, 2008 from 6:00 to 7:30 PM
Wine & Cheese does age but .....
How Would You Like to Feel 25 Years Younger and Live 25 years Longer?
Wine Tasting - With Tammy Lamenzo of Beverages to Go
Cheese & Crackers from Wasik's Cheese Shop of Wellesley
Drawing for $125 Certificate to Geneses Salon & Spa
Learn about The Revolutionary Cellular Anti-Aging Tonic Dietary Supplement
more info here: www.shaklee.net/captureyouth
The Traveling VietNam Veterans Memorial
Memorial Park, Needham, MA
October 30 - November 2, 2008
Open to the Public 24 hours a day
Free of Charge
Sponsored by:
Town of Needham Board of Selectmen & Memorial Park Trustees
Lt. Manson H. Carter VFW Post 2498
Schedule of Events Opening Ceremony Thursday October 30, 2008
Master of Cermonies, John Logan, Veterans Agent
Posting of Colors - Needham Police Department Honor Guard
Needham Fire Department Honor Guard
National Anthem and Other Patriotic Selection- Pollard Middle School Treble Choir, Under the Direction of Cassandra Peterson
Pledge of Allegiance, Needham Girl Scouts & Needham Boy Scouts
Welcome & Introduction
James G. Healy, Chair Board of Selectmen, Charles Mangine, Memorial Park Trustee
Guest Speaker
Thomas Kelly, MA Secretary of Veterans Svcs. & Congressional Medal of Honor Recipient
Laying of Wreaths
American Legion Post 14, Veterans of Foreign Wars Post 2498
Reading of Needham Servicement Names, Tony Cefalo
Benediction, Reverend John Buehrens
Taps
2:00 pm Friday, October 31, 2008
Master of Ceremonies, Vire Department Veteran
Names of Massachusetts Servicement Read
Benediction, Reverend Heidi Fieldston
Taps
The Three Servicemen Vietnam Women's
War Memorial
12:30 pm Saturday, November 1, 2008
Master of Ceremonies, Thomaqs Leary, Needham Police Chief & Vertera
Posting of Colors - American Legion Post 19 Somerville & Boston Military Pocessing Station
National Anthem
Detective Sergeant Pauline Carter Wells, Cambridge Police Department
Plege of Allegiance - Needham Girl Scouts & Needham Boy Scouts
Flyover - UH (Huey) Det 1 Med Co (Air Ambulance) RI Army National Guard
Guest Speaker
Lieutenant General Ted F. Bowids - Commander, Electronic Systems Center Hanscom Field
Lieutenant(I.g.) Thomas J. Hudner, US Navy, Congressional Medal of Honor
Kevin O'Connor, Director of Veterans Vervices Tyngsborough
"To the Wall They Came" by Trish Sullivan
Benediction Reverend Caroline Edge
Taps
2:00 pm Closing Ceremony Sunday, November 2, 2008
Master of Ceremonies
Tom Keating, Commander, Veterans of oreign Wars Post 2498, Needham
Posting of Colors
Boston University AFROTC Det 355
National Anthem and other Patriotic Selections
Needham High School Marching Band, Gerard Gagnon
Pledge of Allegiance, Needham Girl Scouts & Needham Boy Scouts
Welcome - Co-Chairs The Wall That Heals Committee
John Bullian, Board of Selectmen, Dave DiCicco, Memorial Park Trustees
Remarks
Senator Scott Brown, Representative Lida Harkins, James G. Healy, Chair Needham Board of Selectmen, Ron Sockol, Chair Memorial Park Trustees
Guest Speakers
Bryan O'Brien, VFW National Sergeant of Arms will introduce
Paul A Spera, Vietnam Veteran, Past Commander in Chief, VFW
Benediction, Rabbi Jay Perlman
Bagpipers, Massachusetts State Police
Taps
The graphic was designed for this event by Charles Wright.
Special Thanks to Tony Cefalo who in 1984 donated the land on Sunset Road to the Town as the location for Vietnam Veteran's Memorial for those veterans who gave their lives during that war.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved