New Bedford, MA Real Estate News

By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
Home for sale in New Bedford Ma New Listing       This nice home in New Bedford is Sure to please. This spacious home is in move in Condition ! Lots of room to roam, Updated Kitchen had dining area and an easy clean pergo flooring. The Large living room has hard wood flooring and beamed ceiling. This home has 5 Spacious bedrooms, 2 on the first floor, 2 nice full baths one on each level , there is Hard wood flooring throughout the home and bedrooms. The finished basement offers a nice family room and is heated. The second floor has central air . The nice Fenced yard is 5922 sq. ft and also has a large garden shed.  This home is set in a nice neighborhood of single family homes in New Bedfords North end, it is within walking distance to Normandin Middle school, close to shopping & HWY ac...
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By Jim Mushinsky
(Centsable Inspection)
A New Bedford 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 New Bedford MA Ho...
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By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
New Bedford Condo 2 bedroom 1 and 1/2 baths featuring Central Air ! Full basement has laundry facilities. Includes stove dishwasher and refrig. Convenient location close to High School. Low condo fee. Not a short sale or Foreclosure. Rent to own option considered.- spacious 972 sq. ft. condo Townhouse style 2 floors plus basement Now MLS®$80,000 More photos & Virtual home tour at www.KarenMartinHomes.com Karen Martin call text 774.930.8181 email KarenMartin1@remax.net RE/Max Right Choice real estate
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Home for Sale, New Bedford, MA 02740 The property you are searching for is no longer an active listing. Try this search for homes for sale. Owning your own home provides several benefits. In addition to the satisfaction of being a homeowner, you can build equity, enjoy tax deductions, say "good bye" to your landlord and take control of your living environment. See how your equity and security can grow as a homeowner. Compare the benefits of owning vs. the cost of renting with our Rent vs. Buy Calculator. Determine how much you can borrow and buy with our Pre-Qualification Calculator. You can beat the competition and negotiate more effectively when you're pre-approved for a mortgage at Star Mortgage.
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Mortgage Rate Forecast for September 1, 2010 - Improving, or...? Here are some of the events affecting mortgage rates today: What Mortgage Backed Securities (MBS) Are Doing Today: The price of the FNMA 30-Year 4.0% MBS coupon opened at 103.56 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 103.47 - down 3/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.125 points worse in price this morning as compared to yesterday afternoon. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.0% coupon over the past 30 days from 8-2-2010 to 9-1-2010: Economic Reports, News, ...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
The Trend in Home Sales in New Bedford MA - Improving, or...? Home prices in New Bedford on average are falling - but just slightly - and appear to be stabilizing! Home prices have fallen 1.0% since July of 2009. The current average listing price of homes for sale in New Bedford MA is $206,854, down just 1.1% from a month ago. Compare this to the current median sales price of $158,424 - where half of sales are above this amount and half below it. 2 and 3 bedroom homes are selling for less while prices of 4 bedroom homes are increasing. Prices of 2 bedroom homes are down 2.3% while prices of 3 bedroom homes are down 4.0% from year ago levels. However, 4 bedroom homes are up 16.3%. Below is a chart of the trend of median prices of homes for sale in New Bedford MA over the past 5 years thr...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Mortgage Rate Forecast for June 1, 2010 Here are some of the events affecting mortgage rates today: What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 102.00 this morning - the same as Friday's close. At 9:30 AM, the 4.5% MBS coupon was trading at 102.19 - up 6/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be up to 0.250 points better in price this morning as compared to Friday afternoon. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 5-2-2010 to 6-1-2010: Economic Reports, News, and Events Affecting Mortgage Interes...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Mortgage Rate Forecast for May 4, 2010 Here are some of the events affecting mortgage rates today: What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.69 this morning - the same as yesterday's close. At 9:30 AM, the 4.5% MBS coupon was trading at 100.88 - up 6/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be up to 0.250 points better in price this morning as compared to yesterday. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 4-4-2010 to 5-4-2010: Economic Reports, News, and Events Affecting Mortgage Interest Rat...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Trend in Home Sales in New Bedford MA Through April 2010 According to Trulia.com, sales prices of homes in New Bedford have declined 0.2% over the past year through April 2010, and have declined 44.0% over the past 5 years. The current average listing price of homes for sale in New Bedford MA is $209,291, while the current median sales price is $140,000. The median sales price is the price at which one half of the homes sold above that amount, and one half of the homes sold below that amount. Below is a chart of the trend of median prices of homes for sale in New Bedford MA over the past 5 years through April 2010: New Bedford Recently Sold Homes Below is a chart of the trend in home sales in New Bedford MA over the past 5 years through April 2010: New Bedford Recently Sold Homes If you...
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By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
Open House Dartmouth MA  Sat Oct 30 1-2:30  209 N Quarry St Dartmouth close to Trio Restaurant on Rte 6.   2-3 bedroom cottage on 1/4 acre in country Setting 2 garages one with heated office  $179,000   209 N Quarry St Dartmouth Open House Sat Oct 30  1-2;30 Virtual Tour with more photos Dartmouth Ma is undeniably a beautiful sea- side community with many public beaches & parks Demarest Lloyd State Park on Barney Joy Rd. has a Broad saltwater beach is backed by hills of beach grass and shaded picnic sites. Buzzards Bay surf is calm and shallow, temperatures are usually warm. Perfect for families with young children. Open mid-May to mid-September, 10 a.m.-6 p.m. weekdays; 8 a.m.-6 p.m. weekends and holidays. Apponagansett Park- 77 Gulf Rd Dartmouth,MA Offers scenic harbor views. Offers a...
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By Ed Lopez
(Vantage Realty Group)
Who is eligible to claim the $7,500 tax credit?First time home buyers purchasing any kind of home-new or resale-are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after April 9, 2008 and before July 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs. What is the definition of a first-time home buyer?The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase. For married taxpayers, the law tests the homeownership history of both the home buyer and his/her spouse. For example, if you have not owned a home in the past three years but your spouse has owned a principal residence, neither you nor your spouse qualifies for...
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By Ed Lopez
(Vantage Realty Group)
With prices at all time lows, I am surprised that there are people out there still paying the rents that they are paying. Let me ask you a few questions to figure out if you could qualify for financing. Do you have a credit score of 580 or more? Do you have 0-3% to put down on a $70,000 house?(yes there are some that cheap and cheaper) Do you have a full time job? Are you currently paying more than $600 per month or more for rent? If you answered yes to these questions then you should own your own home instead of paying for someone else's. To find out more feel free to contact me directly at elopez@vantagerealtygrp.com
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By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
New Bedford Mass real estate sales have improved with 40 single family homes in New Bedford sold in July compared to 26 single family homes in New Bedford sold in June 2008. The lowest priced home, a foreclosure went for $35,000. The highest priced home in New Bedford sold for $350,000 in July. For a free list of homes for sale in New Bedford Mass & the surrounding community including foreclosures & bank owned homes visit; www.ViewYourDreamHome.net for MLS listings. Grants are available to purchase homes in New Bedford & Fall River Ma Call me today for more info. (508) 636-3310 Karen Ann Martin Full time real estate agent serving home buyers & sellers in New Bedford, Dartmouth, Westport & Fall River Massachusetts real estate needs. American Dream Real Estate Westport Mass (508) 636-3310
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By Ed Lopez
(Vantage Realty Group)
H.R. 3221, the "Housing and Economic Recovery Act of 2008," passed the House on July 23, 2008, by a vote of 272-152. On Saturday, July 26, 2008, the Senate passed the bill by a vote of 72-13. The President signed the bill on July 30, 2008. The bill includes the following provisions: GSE Reform - including a strong independent regulator, and permanent conforming loan limits up to the greater of $417,000 or 115% local area median home price, capped at $625,500. The effective date for reforms is immediate upon enactment, but the loan limits will not go into effect until the expiration of the Economic Stimulus limits (December 31, 2008). FHA Reform - including permanent FHA loan limits at the greater of $271,050 or 115% of local area median home price, capped at $625,500; streamlined proces...
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By Ed Lopez
(Vantage Realty Group)
This is the single most important piece of advice I can share with people facing a potential foreclosure is to be proactive. A lot of people out there get down on themselves and feel too embarrassed to ask for help. The fact of the matter is if you are proactive in the beginning, not only can you avoid foreclosure, you will be given a number of options. Whether it is assisting in refinancing, negotiating a short sale, or putting a freeze on future payments, I think you will be pleasantly surprised at how much your lender will be willing to help you. Regardless of the outcome, if you are proactive early you can potentially come out of the situation completely unharmed.
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By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
 New Bedford Mass Real Estate  There  are 130 Multi family homes for sale in New Bedford Ma under 200.000. The lowest priced multi family a foreclosure is offered at only $75,000.Investors you can now buy investment property with a positive cash flow! First time home buyers - Grants are available to qualified buyers up to 6 % of the purchase price for up to four family units  For a Free list of multi family homes, real estate including foreclosures visit  www.ViewYourDreamHome.net  Karen Ann Martin Full time real estate agent American Dream Real Estate Home office (508) 636-3310Serving New Bedford Ma, Fall River Mass, Dartmouth, Westport Ma real estate needs.   
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By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
New Bedford Mass real estateThere are 33 homes for sale in New Bedford Ma under $150,000Many of these homes are in foreclosure & priced below market value.The lowest price home,a foreclosure, is listed at  $75,000 For a free list of homes for sale in New Bedford Mass & real estate in the surrounding community visitwww.ViewYourDreamHome.net  Karen Ann Martin American Dream Real Estate Westport Ma home office (508) 636-3310Serving the real estate needs of Fall River, Westport, Dartmouth,New Bedford Ma homes for sale in Tiverton & Portsmouth RI   
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By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
New Bedford MA Real Estate Sales Homes sold in New Bedford total 21 in Dec. 2007. The lowest priced home sold for 69,500. A foreclosure home. The highest priced home sold for 310,000 and was located on Apple Tree Lane New Bedford, Ma. A new construction home.For a FREE list New Bedford Ma homes for sale & the surrounding area visit http://www.viewyourdreamhome.net/ including foreclosures & MLS listings.Karen Martin Real Estate Agent American Dream Real Estate Westport Ma Home  office (508) 636-3310
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By Elizabeth Silva
(Silva Realty Group Inc.)
These past few weeks were amazing for Showings as well as Offer submissions! I believe it may be the result of the recent decrease in mortgage rates that have caused such an increase in buyer activity! Or maybe it's because the Holidays are over & it's back to home-searching for most buyers? Let's take a look at the numbers:Let's start with the inventory: Team Silva is currently averaging about 50 Exclusively Listed REO properties for Sale. (We currently have over 130 assignments in pre-marketing phase, but only 50 of those are currently active & for sale on the market) Utilizing our Property showings report through a centralized showing service we're able to easily view a report with all of our scheduled appointments/showings: TOTAL# OF SHOWINGS: JAN 18TH - JAN 20: - 47 SHOWINGS & COUN...
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By Karen Ann Martin Realtor Safe Harbor Realty, Realtor Fall River & Westport MA Real Estate Agent
(Safe Harbor Realty )
New Bedford Ma Homes sold in the month of October 2007 total 37.  The lowest priced home sold for 48,000 and the highest priced home sold for $345,000.  It was a newer Colonial Home on Jessica Lane New Bedford Ma. This cute cottage is currently for sale & offered at only 229,900 It has 3 bedrooms an updated bath and is in move- in condition.  Visit www.westportmahomes.com for a virtual tour . For a FREE list of homes for sale in New Bedford and the surrounding community visit www.KarenMartinhomes.com  for all MLS lisitngs.                          Karen Ann Martin American Dream REalty home  office (508) 636-3310
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