http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-April 30th, 2012 Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services www.BainMortgage.com 11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices finished the week slightly higher helping rates improve.The up and down trading pattern continued throughout the week.Rates were better Monday morning tied to stock weakness.Those gains were erased after Spain and Italy had another round of relatively successful debt auctions Tuesday.Fortunately MBS prices bounced back Thursday following reports out of Europe that consumer confidence there continued to slip.This reignited some of the flig... 04/30/2012

A Hamilton MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase. A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Hamilton MA Home Ins... 04/15/2011

Hamilton MA Single Family Homes Market Activity Report - Year to Date (11/30/2009) There were 56 Hamilton MA real estate homes sold YTD in 2009 with an average sales price of $445,473 and an average days on market (DOM) of 160. The selling range was a low of $29,000 and a high of $1,600,000. As of November 30, there were 36 homes on the market with an average list price of $973,817 and an average DOM of 186. There were 4 homes under contract with an average price of $566,500 and an average DOM of 242. Hamilton MA Real Estate - Community, relocation and school information with town demographics. Hamilton MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales Hamilton MA MLS Search - View all listings in the statewide MLS. Hamilton MA Homes for Sale - Map... 01/04/2010

Newsletter-August 10th, 2009 Provided by Dana & Robin Bain Dana Bain Premiere Mortgage Services 11 Malvern Hill Road Sterling, MA 01564 Phone: (978) 422-2311 Fax: (978) 422-2313 E-Mail: dana@bainmortgage.com Market Comment Mortgage bond prices fell last week pushing mortgage interest rates higher. Stronger than expected data and positive stock movements pressured rates. The Institute for Supply Management (ISM), factory orders, weekly jobless claims, and employment report all came in stronger than expected. The personal income and outlays data was the only release that was even near expectations. Signs of recovery in the economy with continued record debt had many traders concerned about inflation implications. Inflation erodes the value of fixed income securities. For the week interes... 08/10/2009

It is time to put an end to the Proposition 2 1/2 overrides in Hamilton and Wenham, Massachusetts. When Prop 2 1/2 was enacted in 1980 it had provisions to allow towns to pass overrides, but those overrides were intended for emergency purposes. Overrides were not intended to be used to subsidize school funding on an annual basis as has become the norm in our two towns. If override supporters in Hamilton and Wenham believe that "emergencies" have existed in our towns for 10 out of the past 11 years, then the answer lies with a broken system that obviously has not and can not be fixed by simply throwing more money at it. Here's a little something that unfortunately many of our citizens do not realize: Each override is not one-time cost event. Each override is added to the basis of our ta... 02/24/2009

 Jay Burnham, VP of Coldwell Banker Residential Brokerage in Beverly, MA, recently attended the 3-day CyberStar® National Conference in Scottsdale, AZ.The CyberStars® is an invitation-only group of 200 top real estate agents from the US, Canada, Australia and the Bahamas, chosen for their ability to meet the needs of today's consumers through the use of technology and personal service. Jay Burnham is one of only five agents selected for membership from Massachusetts and he is the only CyberStar® from the North Shore region.The annual CyberStar® Summit brings together top agents for a 3 day event where technology focused real estate professionals present, share and network with one other. The meeting's purpose is to enable CyberStar® members to provide ever-improved customer service to t... 01/24/2009

A large, and growing group of residents from the Massachusetts towns of Hamilton and Wenham have recently formed a Political Action Committee under the name ENOUGH IS ENOUGH (EIE). Six weeks before the town elections in Hamilton and Wenham in May 2008, Jim Kent, a Hamilton resident, wrote a letter to the editors of the Hamilton/Wenham Chronical and the Salem News asking for citizen participation in a group aimed at defeating the $1.8 million school funding override.   A group got together and decided to call themselves "Enough is Enough", a battle cry to stop the budget busting pending override. It was an exciting six weeks, with members walking the streets talking to neighbors, volunteers making signs, helping elders with absentee ballots, writing letters to the editor and distributing... 08/10/2008

The amount of competing inventory affects a property's price.If there is a lot of competing inventory, then pricing will be lower than if there is little competing inventory.The report shows the number of months it will take to sell off the current inventory of active listings if the rate of sale remains constant.Price RangeActive ListingsSold Listings3/19/2007 - 3/18/2008Months of Inventory# Listings% TotalDOM# Listings% TotalDOM$155,000 - $199,99900.00%011.54%2290.0$200,000 - $249,99923.57%5000.00%0no sales$250,000 - $299,99900.00%011.54%770.0$300,000 - $349,99958.93%731015.38%496.0$350,000 - $399,999610.71%1341421.54%1105.1$400,000 - $449,99947.14%30913.85%1075.3$450,000 - $499,99958.93%7769.23%11910.0$500,000 - $599,999712.50%116710.77%12012.0$600,000 - $699,99947.14%21834.62%7016.0... 03/18/2008

The absorption rate is the rate of sale per month stated as a percentage. For Example, if the absorption rate is 8%, then 8 out of 100 properties for sale sold that month.This report shows the underlying strength of the market by comparing the percentage of "For Sale Properties" that sold in the prior period to the current period. This report detects imbalances between the supply and demand for real estate. The absorption rate is affected by the: number of units that sold and the number of units for sale. If the absorption rate is rising, the market demand for real estate is improving and if it is falling, the market demand is deteriorating. Source IMAX Web Solutions, RE/MAX Advantage. MLS listed properties only. Note DOM = Days On MarketFebruary 2008Price RangeSoldFor SaleAbsorption Ra... 02/26/2008

Welcome to one the finest North Shore communities in Essex County. Hamilton is located 30 miles north of Boston in "horse country" as many people like to say. A long tradition of sprawling pastures and bridle trails as well as polo matches sponsored by the Myopia Hunt Club help give this town a country setting.Known for having a top tier public school system, excellent sports programs, and numerous community events, Hamilton residents keep a rich tradition of parades, summer concerts at Patton Park and charity events to support their town.  Recent additions include a new public Middle School and High school with state of the art technology as well as a just completed Public Safety Complex for police, fire and emergency medical personel. Come home to Hamilton.For additional information a... 04/30/2007

Distinguished as a spacious bedroom community dotted by large estates and open space, Hamilton is the former home of the U.S. Equestrian Team and also home to the Myopia Hunt Club which hosts public polo matches on Sundays during the summer.  Rolling fields, old stone walls, bridle paths and riding trails grace this community where handsome historic houses blend with quality new construction.  Residents enjoy a quick commute to Boston (MBTA service) as well as to the Atlantic seashore with its nature preserves, beaches and boating opportunities.  The Shoppes at Hamilton Crossing are centrally located.The population of Hamilton is 8,315 and the distance to Boston is 24 miles.Town Hall: 978-468-5570Government: Selectmen/town MeetingSuperintendent of Schools: 978-468-5310Recreation: Vast p... 04/28/2007