Weymouth, MA Real Estate News

By William Tierney, "The Internet Savvy Realtor"
(William Raveis Real Estate)
The Wemouth Real Estate Market saw a slow down in the volume of sold condos for the month of November 2010 compared to the year prior.  Last month we saw 7 condos sell at an average sales price of $184,250 or roughly $195 per square foot.  In the same month one year prior, we saw an astounding 30 condos sell at an average sales price of $204,912 or roughly $192 per square foot.  One thing to remember was this time last year buyers were rushing to take advantage of the First Time Home Buyer Tax Credit.  I do find it interesting that with volume regressing back to the mean, prices have remained steady! If you would like to to know more about the real estate opportunities in Weymouth, please feel free to contact me via my profile page.
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By William Tierney, "The Internet Savvy Realtor"
(William Raveis Real Estate)
With the Holidays upon us, the focus on Real Estate for sale tends to drift away until the new year.  However last year there was a rush to take advantage of the popular First Time Home Buyer's Tax Credit, and that drove sales this time last year.  And it is reflected in the sales figures throughout out the South Shore.  For the month of November 2010, Weymouth saw 19 single Family homes sell at an average sales price of $308,039.  Other than volume this is similar to the 37 single family homes that sold in the same period a year prior at an average of $306,570.  Time on the market also crept up from 58 days last year to 84 for the same period this year.  The take away here is that pricing has firmed up, but sales volume needs to pick up before we will see any significant price improvem...
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By William Tierney, "The Internet Savvy Realtor"
(William Raveis Real Estate)
Well the fall push is on in Weymouth.  It is time for REALTORS like myself to make a last fall push to find a buyer for our listings before listings come off the market for the looming holidays.  It is a great time to be a buyer and lock in some good deals, and more so while interest rates are at historically low levels! In Weymouth you will find 33 Open Houses this weekend ranging in price from $229,000 upwards to $589,000 in the the single family market.  In the condo market you will find and additional 18 units for sale starting at $102,900 and sliding upwards to $549,888. To see the list of Weymouth Open Houses, click on the link below: Weymouth Open Houses If you desire buyer or seller representation, simply click on my profile page for my contact info.  
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By William Tierney, "The Internet Savvy Realtor"
(William Raveis Real Estate)
Volume & Prices Slip, Days on the Market Slip as well The month of October saw continued good activity in the Weymouth real estate market.  Twenty-six single family homes sold at an average sales price of $285,661.  However this is down from the comparable month a year earlier where Thirty-two homes sold at an average sales price of $321,244.  The two factors to note here are that time on the market is down to 68 days from 90, and last fall the market had the benefit of the First Time Home Buyer's Tax Credit.  I will also note that 15 of the 26 homes that sold were under $300,000 showing that there are still good values to be found, and buyers are in the market. If I can answer any questions you may have regarding the Weymouth real estate market, or if you would like to discuss buyer or...
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By Melissa Juarez
(Massachusetts Buyers Broker Agency, LLC)
Members of the Weymouth Elks 2232 will be serving up some finger-licking competition at a BBQ square-off to benefit charity. Twelve teams of Elks members and their friends and families will be battling each other for bragging rights as they grill steaks, spareribs and chicken at the Aug. 28 event. Three judges, including Mayor Sue Kay, will decide the winners, who will get trophies and plaques. The public will get to taste the results of the competition, and there will also be hot dogs, hamburgers and sides available. There will be a band, and a meat raffle to benefit scholarships for local students. The public will also have a chance to win a 30-inch flat screen television. Tickets are $5. The proceeds will go to the various charities the Elks work with, including their own Dream Come...
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Wow!! Huge price break!!  Don't Miss the Open House today at 74 Rindge Street, Weymouth MA Academy Ave School District!! Charm and character fills this beautiful Garrison home with 3 beds, 1.5 baths, kitchen, dining room, fireplace living room w/ hardwood flooring, finished basement, back yard with deck and patio area, great closet and storage space, maintenance free vinyl siding, brick front, 1 car garage attached to breezeway. Recent updates include newer windows, water heater, roof, and gutters. Freshly painted with a bright and sunny floor plan. Welcome Home!!!  Motivated Sellers only $329,900!! Call Rose 781-883-7673
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By Melissa Juarez
(Massachusetts Buyers Broker Agency, LLC)
It may not be news to anyone who lives there, but CNN Money has named Weymouth, MA the 52nd best place to live in the USA in its annual poll. Weymouth is bordered on the west by Quincy, Braintree and Holbrook.  It is bordered on the south by Abington and Rockland. Weymouth is bordered on the east by Hingham. Weymouth contains the Weymouth Back River and the Weymouth Fore River; its surroundings, formerly industrial, are now set aside as parks and natural areas including Webb Memorial State Park.   Weymouth residents often designate which of four distinct 'districts' they live in. North Weymouth is considered anything north of the intersection of Church Street, North Street and Green Street. Some of the sites around North Weymouth are Great Esker Park, George Lane Beach, and the Abigail ...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Trend in Home Sales in Weymouth MA Through May 2010 According to Trulia.com, sales prices of homes in Weymouth have increased 0.2% over the past year through May 2010, but have declined 16.7% over the past 5 years. The current average listing price of homes for sale in Weymouth MA is $299,123, while the current median sales price is $250,000. 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 Weymouth MA over the past 5 years through May 2010: Weymouth Recently Sold Homes Below is a chart of the trend in home sales in Weymouth MA over the past 5 years through May 2010: Weymouth Recently Sold Homes If you're looking to buy a home or...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Mortgage Rate Forecast for June 23, 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 4.0% MBS coupon opened at 100.69 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 100.69 - the same as its opening. It is customary in the MBS market to track the coupon that is running closest to par, which is 100.00. Due to market improvements, we are now tracking the FNMA 4.0% coupon. 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 the same in price this morning as compared to yesterday. Price Trend in Mortgage Backed Securities: The chart below shows the pr...
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By Melissa Juarez
(Massachusetts Buyers Broker Agency, LLC)
The Multiple Listing Service shows that 39 single family homes were sold in Weymouth, MA in May 2010.    The number of days a property was on the market ranged from 5 days to 326 days. Sale prices ranged from $140,000 to $459,000.        
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By Melissa Juarez
(Massachusetts Buyers Broker Agency, LLC)
Join me and other fellow agents as we help clean Weymouth!   The annual townwide cleanup will run from 9 a.m. to noon, weather permitting. Youth sports groups, families, businesses, civic associations, parent councils and town employees will gather at nearly two dozen locations to work. Lunch and T-shirts will be given out at noon during a cookout at Great Esker Park. Gloves and trash bags will be available for pickup between 8 and 9 a.m. in the public works parking lot. Volunteers are asked to sort the waste for easy pick up. Yard waste must be "baggable." Litter should be placed in a separate trash bag. Metal objects should be piled separately.
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Price: $569,000 FIZBER.com ID 15913383 Single Family with 5 bed, 3.0 bath, in 211 King Philip Street Weymouth, MA, 02190 http://www.fizber.com/15913383/ 211 King Philip Street - For Sale By Owner Property Details: Type: Single Family Address: 211 King Philip Street, Weymouth, MA, 02190 Sq footage: 3039.0 Floors: n/a Bathrooms: 3.0 Bedrooms: 5 Year built: 0 View full property details and seller's contacts. View more Massachusetts homes for sale. Homes for Sale by Owner. Description: Impressive, one of a kind home. Dream kitchen with restaurant quality Wolf stove; subzero refrigerator & wine cooler. Oversized work island with room for 6 stools, radiant heat floors. Sweeping great room loaded with skylights & windows, slider leading to deck. Spacious master suite with cathedral ceiling, s...
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By Lynda Longmire
(Virtual Homes Real Estate)
Weymouth MA Foreclosures, Short Sales and Bank Owned Real Estate for Sale Purchasing a home at a Weymouth MA foreclosures auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. To search the MA MLS listings visit Weymouth MA MLS listings. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real estate ...
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By Suzanne Cutler, 617-549-5829, Braintree MA, Realtor, Real Estate
(Success! Real Estate)
Here are the Open Houses scheduled in the MLS system. Homes:   70979826 ACT 199 East Street Weymouth, MA : East Weymouth  8 room, 3 bed, 2 bath Capex12  52 $244,900     70928150 ACT 12 Harbor View Ave Weymouth, MA : North Weymouth  7 room, 3 bed, 1.5 bath Colonialx8  165 $279,900     70948469 ACT 79 Nelson Rd Weymouth, MA  7 room, 3 bed, 1 bath Raised Ranchx3  121 $289,900     70962471 ACT 54 Forest Street Weymouth, MA  7 room, 3 bed, 1 bath Capex7  88 $289,900     70999764 ACT 23 Clematis Ave Weymouth, MA  6 room, 3 bed, 1 bath Garrisonx19  64 $289,900     70969309 ACT 50 Pine Circle Weymouth, MA  8 room, 3 bed, 2 bath Colonialx2  73 $299,000     71000399 NEW 27 Lafayette Ave Weymouth, MA  6 room, 3 bed, 1 bath Ranchx23  3 $299,900     70996947 ACT 30 Great Hill Drive Weymouth, MA : No...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Home Value Update for Weymouth MA Through September 2009 According to Zillow.com, the sale prices of single family homes have fallen 6.7% while sale prices of condos have increased 1.9% in the last 3 months through September 2009. The current mean sale price of homes for sale on the market in Weymouth, MA, is $248,700. Below is a chart of the trend of listing prices of homes for sale in Weymouth, MA, in the past year through September 2009: Median Sale PriceMore Weymouth Home Values   If you're looking for a home or condo to purchase in Weymouth, MA, or in the surrounding area, then try this home search. You can still buy a home with no money down with the USDA Rural Development Home Loan program. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When y...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Get a Free List of Websites of Government and Bank Foreclosure Listings in Weymouth, MA There are a number of websites that contain free listings of government and bank foreclosed homes in Weymouth, MA. These websites contain descriptions, color photos, and addresses of the foreclosed homes for sale in Weymouth, MA. And, most of these websites have government and bank foreclosure listings nationwide. There's no charge to search the foreclosure listings on any of these websites, and there's no 7-day free trial period either. Virtually all of these websites do not require any personal information to get access to the government and bank foreclosure listings. You can access these foreclosure listings anytime you want and as often as you want - free of charge!  Get your own directory of fre...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
FHA, VA, and USDA Rural Development Loans in Weymouth, MA Are you looking for a home mortgage loan in the Weymouth, MA area? Then you've come to the right place! Northeast Community Mortgage is a mortgage broker serving Weymouth, MA, and many of the surrounding areas. When you decide to buy a home or refinance a mortgage in Weymouth, MA or in the surrounding area, your search for a home mortgage loan should start and end here.  With so many lenders to choose from in the greater Weymouth area, you should choose one you can trust to find the mortgage loan that will best meet your needs. As a mortgage broker, we help our clients obtain a loan from the lender who has the terms that best matches their needs. In terms of mortgage programs, we specialize in FHA, VA, and USDA Rural Development ...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
The Mortgage Interest Rate Lock Advisory for Weymouth MA for November 5, 2009 Here are some of the events affecting mortgage interest rates today in Weymouth, MA. What the Mortgage Backed Securities Market is Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.88 this morning - up 2/32 from yesterday's close. The chart below shows today's price trend of the FNMA 30-Year 4.5% coupon: The FNMA 30-Year 4.5% MBS coupon is currently trading at 100.94 - up 2/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and mortgage interest rates come down with it. I expect that mortgage interest rates will be about the same in price this morning as compared to yesterday. Recent Activity in Mortgage Backed Securities: Th...
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By Jane Peterson
(Alliluja)
New Construction. 4 BR Colonial to be built in new cul-de-sac neighborhood. Two car attached garage. Open foyer with cathedral ceiling. Large master suite. 2 1/2 bathrooms. Hardwood Floors. Fireplaced living room. Over 2500 square feet. Still time to pick colors and custom details/upgrades. Close to commuter rail. Listing photo is facsimile of house to be built. Great opportunity to buy pre-construction! To directly access this property, use this shortcut: http://www.fizber.com/massachusetts-buy-new-construction-home-11648664.html
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By Janet Murray, Realtor Weymouth MA & South Shore Home Sales
(Allison James Estates & Homes)
Tax Credit For First Time Home Buyers! First time home buyers who purchase a home from April 9, 2008 or before July 1, 2009 may be eligible for up to a $7500 tax credit (income limitations apply). Highlights of the program are listed below: "first time home buyer" can mean you haven't owned a principal residence within the last 3 years The tax credit is claimed right on your federal tax forms-no special forms needed The credit works like an interest free loan, and must be repaid over time For more detailed information on this program, please visit: First Time Home Buyer Tax Credit Please call me with any questions...I'm happy to assist.
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