Wellesley, MA Real Estate News

By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Cash flow, a real estate story from the beginning. She had just gotten her license in Massachusetts to sell real estate. She was at the stage where she didn't know what she didn't know and she was filled with hope and energy and some strategies. She had recently bought into one of the systems of real estate that promised success, instant success the system's creator promised. Later in her career she would understand that all real estate systems make promises.  Most systems can create success if you follow them in the manner they are proposed.  All of us realize that is not the way it really works.She had secured an expired listing in a high end town near a million dollars using the system for Expired Listings she had finagled.  The simple house was on the lake, it had gleaming wood floo...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Day 3 of 90; Becoming the best Realtor® Into all our lives comes challenge, turmoil, fear and their opposite.  It is up to us, as the individual, to give meaning to these thoughts and feelings or to understand them for what they are, moments when you are not fully engaged with the present, the NOW.  Fear exists in the future.  I won't get the appointment, which means I won't ever get the listing, which means I won't be able to pay my mortgage, which means my wife won't stay with me, which means.... None of those things happen in the now, they happen in the future.  In the NOW is the practices. The habits that build a success that has no room for failure. Today is a day to build on my habits knowing they will create a future that brings joy, fulfillment, opportunity and connection.  Focu...
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By Sheila Moylan, REALTOR®, The numbers agent you can count on
(Coldwell Banker Realty)
Come and see one of America’s loveliest suburban communities!Stunning homes for sale in Wellesley are waiting for you.Wellesley is a charming affluent town in Norfolk County, Massachusetts. It is part of Greater Boston and is located in eastern Massachusetts. It is bordered on the east by Newton, on the north by Weston, on the south by Needham and Dover and on the west by Natick.The town was originally a part of Needham and was then called West Needham, Massachusetts. During the 1880s,  residents voted to secede from Needham and the town was re-christened Wellesley.The community embraces both New England traditions and modern amenities. Today, it has the 5th highest median household and family incomes in all of Massachusetts. Real estate in Wellesley is comprised of single family homes ...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Rejuvenation, What is stopping you? Let me answer that question for myself right away.  I am too focused on the small and missing the large. I am focused on my next listing, my next testimonial, my next prospect and not enough on my life.  Lives need rejuvenation.  Lives need diversity of action, you can not wake up every single day and do the exact same thing and expect that you will grow exponentially because of your actions. I know this because I have lived this.  I know this because I am on a rejuvenation weekend with my wife and my passion for my work and the people I serve is not diminished by me doing so.  I am, in fact, rejuvenated with this time away. I am able to look at life through a more relaxed set of eyes.  I am able to connect the dots in life better because I am taking ...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
A Significant Birthday. My home is better because... I share that with my exceptional bride.  To build careers worth having, businesses worth owning, and lives worth living, as is the Keller Williams goal, it is not enough on its own. For me it is a shared experience and not all about me, ever.  Having my wife happy and still sure I was the right choice so many years ago is still driving my daily actions. In the end it is always about the testimonial.  Someone who is willing to stand up and give testimony to your actions and results.  I have always lived in this mindset.  I am so proud to not only be still standing. but still producing and still growing.  I know that to be true because I have a partner who keeps me tuned to more than the work, more than the moments in a day.My wife is a...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Wellesley MA Single Family Housing Report April 2016.  MLSPIN (Boston Area Move In Homes MLS) reports 178 homes in Wellesley above the MLS luxury level price are on the market this last month.  That is a lot of choice for the buyers in this highly coveted town.Single Family Active Listings: 136    Avg. Liv.Area SqFt: 4,728.29     Avg. List$: $2,276,328    Avg. List$/SqFt: $484     Avg. DOM: 108.09     Avg. DTO: 49.83 With 136 properties on the Active Market in the last 30 days and 10 we sold in that same period of time. Using the equation of Actives divided by Solds gives you the number of months of Inventory. 6 months is considered a normal market.  Less than 6 months is a Seller's market and more is a Buyer's market because there is a lot of property on the market and a lot of competi...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
Local News Coming To You From Wellesley MA Earlier this week, Town Planning Director, Michael Zehner wrote an open letter to all Town Residents, Business Owners, Commercial/Residential Developers, and Land Use Attorneys with regard to the Board’s initiative to re-codify the Zoning Bylaw of the Town of Wellesley, Massachusetts.  By way of background, at this most recent past Annual Town meeting, the Planning Board announced that it would be “initiating a collaborative approach to re-codification” and “will be establishing a subcommittee” to recommend “the course of action [by which re-codification will be pursued] and changes to re-codify the Bylaw.” The Planning Director and the Board is now working to appoint this Re-Codification Subcommittee. In addition to the appointment of members ...
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By Lynn B. Friedman CRS Atlanta, GA 404-939-2727, Concierge Service for Our Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty - Love our Great City - Love our Clients! Buckhead - Midtown - Westside)
REMINDER!!Boston Metro West 2014 Summer MeetUP  Thursday 8/14 - 4pm - 7:30 pm PAPA RAZZI in Wellesley AND Points --- 1000 for each AR Member attending!                                                                                                                                       MeetUP announcement image courtesy of ActiveRain. MeetUp Boston Metro West --- Thanks to Christine Smith for the reblog! Only two days away! Thursday, August 14, 2014 at Papa Razzi from 4:00 pm to 7:30 pm - come on by and meet AR members for around your area. By attending MeetUPs, I have been able to put faces with the names of folks whose posts I enjoy reading. Location for the 2014 Boston Metro West MeetUP definitely chosen for its LOCATION!  Easy access to lots of main roads. Use this  Map Link to check...
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By Lynn B. Friedman CRS Atlanta, GA 404-939-2727, Concierge Service for Our Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty - Love our Great City - Love our Clients! Buckhead - Midtown - Westside)
Boston Metro West - MEETUP - Thursday August 14th - Papa Razzi 4-7 pm                                                                                                                                         Want to meet some of the folks from your area that you only know online? Why not plan to go to a MeetUp Boston Metro West on Thursday, August 14, 2014 at Papa Razzi from 4:00 pm to 7:30 pm? Location chosen for its LOCATION!  Easy access to lots of main roads. Use this  Map Link to check it out. If you haven't been to a MeetUP before, they are worth attending in my opinion. The times I have attended, the topics discussed ranged between the best CRM programs, good free photo sites, the best brand of beer, the perfect website provider and what to order to eat! Kerrie's post about Summer ...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Luxury Housing Market in Wellesley, MA 02482, 02481.  In the greater Boston Area a luxury home, one that is in the top 10% of all the sales price is around $895,000 and above, but in Wellesley that is not considered a luxury home. The average Sold Price in Wellesley over the last year is. Single Family Sold Listings: 314    Avg. Liv.Area SqFt: 3,333.27     Avg. List$: $1,392,736    Avg. List$/SqFt: $426     Avg. DOM: 74.51    Avg. Sale$: $1,350,528   Avg. Sale$/SqFt: $419 So if the average Sold Price is $1,350,528 then making $2,430,950.40 the top 10% of this price point, for a designation as Luxury.  A Luxury home in Wellesley starts at two million four hundred and thirty thousand nine hundred and fifty dollars and forty cents. Back to MLSPIN for some more searching.  Homes Sold in the...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Caring about others–Showing the way. I have always been someone who believes you show people what you can do rather than tell them.  In fact, you will rarely find me talking about myself unless it is a situation like this where I was recognized for my giving to others.  At the bottom of each of my emails you will find the salutation, “It’s all about you,” for a reason.  I really do believe it is all about others.  This is why my company is called YourStories Realty. YourStories Realty Group associated with Keller Williams Real Estate is a business known for its grandiose statements of fact. They call it puffery.  Telling people things that have a thin hold on the truth.  We are the Number One Agency is a typical refrain.  I am the Top Agent is what way too many promise. The point is yo...
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By Christine Norcross
(William Raveis, Wellesley MA)
This summer is a great time to sell your home. In this market, sellers are getting multiple offers and are getting what their homes are worth or even more. Even if you’re planning a summer vacation this year, it’s definitely possible to sell your home. When you’re out of town you’ll face some unique challenges, but you’ll also have some great opportunities. When you take a few steps and keep some things in mind, you’ll sell your home quickly and maybe even get a few offers while you’re out of town.  Rely on your Agent You can’t afford not to work with an agent, especially if you will be out of town while your home is on the market. While you are gone, your agent can continue to promote and show your home. Before you head out of town, tell your Wellesley real estate agent when you plan t...
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By Christine Norcross
(William Raveis, Wellesley MA)
Homeowners often try to sell their homes themselves, but since they don’t have the experience and expertise agents have, they miss out on a lot of benefits. When you work with an agent, selling your home will be much easier. But, that’s not the only benefit you’ll see. Expert advice on Home Preparation A professional agent will do more than simply help you list your home. Your agent will provide expert advice on how you can prepare your home so it will show well, get more offers and sell quickly at a higher price. Agents know what attracts buyers and can help you find ways to update your home’s features, landscaping and even small things, like the paint and the front door, to make your house stand out. The Perfect Listing Price There’s a science to finding the perfect listing price and ...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Luxury Market report for the Boston Area over the last week is in.  What we are seeing is days on market go down. This is a great thing. It means the buyers are ready to move on a property if said property is priced right. The other aspect of pricing right is marketing the property in the right manner. It is no longer enough to put the property on MLS and have the system aggregate the listing to all the social media, consumer sites like Trulia, Zillow, Realtor.com and others.  The best agents know how to sell lifestyle and they have the ability to create a lifestyle story around your property. Luxury Market Boston Area Move In homes In the luxury category almost all the houses are in great shape. Almost all the houses in the luxury category have very nice amenities, but they differ fro...
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By Christine Norcross
(William Raveis, Wellesley MA)
Over the past several years, average mortgage rates have fluctuated but new research shows that today’s rates are much lower than they have been in decades. With lower interest rates it’s easier to afford a home and buying now, instead of next year, could actually help you save money. Historically Low Mortgage Rates Research from Freddie Mac shows that the average 2014 mortgage rate is much lower than rates have been since the 1970s. This chart makes it easy to compare mortgage rates over the past few decades, and you can see that today’s average of 4.36 percent is a great rate. The chart also shows what the average monthly payment for the corresponding rate would be for buyers based on a 30-year fixed rate and a $200,000 mortgage. In the 1980s when rates where at their highest, it wasn...
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By Christine Norcross
(William Raveis, Wellesley MA)
Local market conditions make now a great time to list your Wellesley home for sale. The market is moving very quickly. So quickly in fact, that homes are selling in a matter of days, not weeks or months. If you are considering selling, now is the time to act. When you start the selling process as soon as possible and do things the right way, you’ll sell your home quickly and for a higher price. Here’s how to get started. Contact an Agent The first thing you should do when you decide to sell your home is contact a real estate agent. Local agents know the market well and will know the best ways to sell your home quickly. Your agent will help you prepare your home for sale and then list and show it. Experienced agents know how to attract buyers and can help you get the best deal possible i...
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By Christine Norcross
(William Raveis, Wellesley MA)
Supply and demand of homes is one of the things we look at to determine what market trends are like and how to approach home buying or selling. Right now, supply and demand trends are perfect for sellers, so now is the time to get in touch with a Wellesley real estate. Home inventory statistics can help sellers understand what kind of market they are entering and whether or not they are likely to sell their home quickly. A market with a high inventory will be more competitive for sellers, as buyers have more options. According to the National Association of Realtors (NAR), the number of homes listed for sale increases significantly during the summer months. This chart illustrates the number of homes listed for sale throughout 2013.  Looking at the chart, you can see that from January th...
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By Christine Norcross
(William Raveis, Wellesley MA)
The Wellesley real estate market is moving fast and homes are selling very quickly. Buyers are finding exactly what they are looking for as there are lots of options and homes are being added to the market all the time. But, in this kind of market, there are a few things you should know if you plan on buying a home in the coming months. You’ll Have Lots of Options In these market conditions you will have lots of options. Whether you want to downsize to a smaller home or are looking for a place that has plenty of room for your growing family, you’ll find the perfect home here.  With so many homes on the market, you can look at lots of listings, attend open houses and see homes with all kinds of features. In this market, chances are that you’ll find a home with the features you need. Ther...
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By Christine Norcross
(William Raveis, Wellesley MA)
If you’re listing your home for sale or are looking for the perfect home for your family in the Wellesley real estate market, the best step you can take is to work with an experienced real estate agent. Right now, this market is moving very fast and many homes are selling in a matter of days. As a seller, this means it is important that you work with an agent who can help you price your home competitively and close the sale. If you plan on buying in the next few months, you’ll need professional representation to help you put together an offer that is likely to be accepted. You and your agent can be the perfect team, making either the buying or selling process easier. To make that relationship work, here are a few questions you should ask your agent as you start working together. What ar...
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By Larry Lawfer, "I listen for a living." It's all about you.
(YourStories Realty Group powered by Castles Unlimited®)
Seasonal Awakening, Spring Market Boston Area Move In Homes. It was a tough winter. A drive down our streets shows us through pot holes and crater’s that it was a tough winter.  It is nice to be treated to some warm stretches interspersed with more cursed snow, at least for this season.  On with the Spring and into the Summer, if you would please.  Deferred maintenance on your house can cost you more in the long run than if you just take some simple steps today.  For instance with the building of this deck, a better nail would have been a better choice.  What would have made this stay together longer is if some treatment at all had been applied to the deck in the beginning.  Enough said, do something this Spring to protect your house, whatever it is, and feel good about saving money in...
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Wellesley, MA Real Estate Professionals