Worcester, MA Real Estate News

By Jane Becker, CRS,ASP,ABR,CBR,CDPE,LMC,E-PRO,GRI
(Keller Williams Home Team AdvantEdge )
365 things to do in Worcester County - Enjoy the sexiest show in Worcester, or at least that's what The Center Bar and Grill Calls their comedy show on Monday nights.  If you visit their website, every Monday night 7-10pm is .99 cent pizza with a pitcher of beer.  Tha't a pretty good deal in my book. Every second and fourth Monday, the comedy show starts at 8:00 pm.  So, whether it's the food or the entertainment, make this one of your 365 things to do in Worcester County - Enjoy the sexiest show in Worcester.   Comedy Shows - Performance Mondays, July 26, 2010 - May 24, 20118:00 PM-10:00 PM The Center Bar and Grille 102 Green St. Worcester, MA 01607 Google Maps - MapQuest Come laugh with some of the best comics from the Worcester and New England area. Hosted by Shaun Connolly. Buy a pi...
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"The Mortgage Buddy" Mortgage Rate Outlook for the Week Beginning May 9th Last week saw continued pressure downwards in the mortgage rate environment. The economic data points were dominated by the jobs report on Friday. We did see a nice increase in the number of jobs created in this great country, but the unemployment rate ticked back up because of more people re-entering the work force. These people are counted as unemployed and can skew the positive news. But it's a good sign when more people come into the job force, it usually means that they have a re-newed confidence that there are employment opportunities out there.  Mcdonald's proved to be the largest source of hiring for the month of April with over 60,000 new employees. We are seeing a gradual shit from governement jobs, and ...
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So We Have a Real Estate Market Double Dip...Now What??? Do we whine and moan a little bit? Does this give us reason to say "I Told You My Job Is Tough"? Do we find a political party or bank to blame? I guess it depends if you want some cheese with your whine or not. Today Clear Capital released their monthly housing data report and yes everyone we have officially "double dipped". This is not as fun as double dipping into the ice cream but it can give you a brain freeze. The numbers officially dipped below the previous national low from March of 2009. They dropped .7%. 2 Major Reasons for the dip Record bad winter weather this past year put the chill on hardy buyers Increases in distressed sale activity I'm sure you could put in prolonged unemployment, no home buyer tax credit, and toug...
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By Jane Becker, CRS,ASP,ABR,CBR,CDPE,LMC,E-PRO,GRI
(Keller Williams Home Team AdvantEdge )
365 things to do in Worcester County - visit Price Right for the best deals on food in Worcester.  A few years ago, we were lucky to have Price Rite come to our area.  This is a medium sized grocery store.  Selection is not extensive, but the basics are there.  I can pick up a creamer at time, priced $.99 where competitors have for $1.29 to $1.99.  This is just one example.  The store has very competitive prices or better on pretty much everything. I dropped by just to pick up a few items for my lunch at the office and could not resist taking a short video of a young girl in a Mexican hat and a mascot cheetah.  The kids in the store absolutely loved the mascot who high fived anyone who passed by.  And I tried the new Tostitos flavors: Hint of Jalapeno and Hint of pepper Jack.  I thought...
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The Mortgage Buddy Economic Briefing for Today Today we saw a break through some technical levels on the 10yr treasury helping to push the mortgage rates lower and some positive moves in the MBS market. ARM rates have dropped to their lowest point in 6 months and fixed rates have also dropped to multi week lows. MBS prices are up +3/32 (FNMA 30-yr 4.5 at 103.02), above 9:45 et pricing of -1/32. Weaker than expected economic data today 10 AM    The ISM Services index declined to 52.8, well below the consensus forecast of 57.3 - The non-manufacturing ISM surveys nearly 400 firms from 60 sectors across the United States, including agriculture, mining, construction, transportation, communications, wholesale trade and retail trade The ADP Employment forecast also came in lower than expected....
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By John Saari, "The Mortgage Buddy"
I love spending my spare time following the stock markets of our great country. From the time I wake up until 6pm I'm watching CNBC. It's great for me because I can use the market data to make more educated decisions about when to lock in mortgage rates for my clients. I feel it gives me a little advantage over my fellow loan officers. I also love to day trade. Now by no means am I that person with 6 monitors going all over my office, nor do I stay up all night and trade the world markets but I do have a passion for trading. I think what I like most about it is that it's alive. Whenever I watch CNBC I feel like I'm witnessing something amazing minute by minute. Regular TV shows really bor me. There is nothing like watching live action from the New York stock exchange or listing to bill...
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By Jane Becker, CRS,ASP,ABR,CBR,CDPE,LMC,E-PRO,GRI
(Keller Williams Home Team AdvantEdge )
365 things to do in Worcester County - make war not love with airsoft weapon in Worcester .  Do you need to get your aggressions out or would you like some target practice - on real live people?  If you answered yes, than you should look into a game night on Tuesdays at the citadel.  This is not your ordinary paint ball adventure, this is Airsoft:  Airsoft is a sport which uses realistic looking replicas of actual firearms that uses compressed-air or gas to fire a 6mm plastic or biodegradable BB bullet at other players. Simply put, a gun is used to fire a projectile at an opposing player for the purpose of eliminating him or her from the game. In that regard, Airsoft is similar to the sport of Paintball, except that Airsoft gameplay tends to follow real firearm tactics and scenarios mo...
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By John Saari, "The Mortgage Buddy"
  Today is a great day for Americans. We have proven our resiliency to track down evil and dispose of it. The world markets have responded with a positive open for the day but this week's economic focus for the US is going to be the unemployment report on Friday. We have been seeing a nice trend over the past few months with the unemployment rates starting to creep back down slowly. The unfortunate part of this report is that hours worked did not edge up last month and we have seen an increase in continuing claims over the past few weeks. The consensus is that we will be at about 185,000 jobs created for the month of April. What we really want to see is a jump in numbers of 300,000 to see a sizable dent in the unemployment numbers. One factor that is hurting the unemployment numbers a b...
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By Pat McQuaid, eXp Realty
(McQuaid Real Estate Services at eXp Realty)
SOLD! 13 Park Villa Ave WORCESTER, MA SOLD! Offer in 5 Days! Sold in 42 Days! 3BR/1BA Single Family House $149,900 Year Built 1955 Sq Footage 1,008 Bedrooms 3 Bathrooms 1 full, 0 partial Floors Unspecified Parking Unspecified Lot Size 6,840 sqft HOA/Maint $0 per month DescriptionSOLD! Offer in 5 Days! Sold in 42 Days! Absolutely mint condition ranch. 3 bedrooms with hardwoods under wall to wall carpet. Spotless kitchen with 1 yr. old glass top range. Nice size living/dining room. Finished LL family room which comes completely furnished! Walk out basement. New roof May 2009. Includes range, fridge, washer & dryer. 3 storage sheds! Great commuter location near I-190 and shopping! Don't miss this great opportunity to own your own home! Property Features Hardwood floorFamily roomLiving roo...
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By John Saari, "The Mortgage Buddy"
  In my quest to build strong sustanable referral relationships on a weekly basis, I ventured into the world of contractors/ developers today. I have spent a lot of time over the past year cultivating relationships with real estate agents and financial planners but not contractors. No special reason why I haven't, I just have had luck with other avenues and didn't need to take that step. I think the mark of a good business person is to step back every now and then and figure out where he or she can fill the holes in their respective business. So today I met with a large developer. Well, it turns out that this developer is also building a real estate side of his business and is looking for a quality mortgage professional that he can recommend to his prospective buyers. Talk about a win w...
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  Autism causes lots of challenges for families and this is a great event for everyone to show their support and come together for a great cause. Please come to the Autism Walk in Worcester, MA. It takes place Sunday, May 1, 2011. The race begins at 10am, walk begins at 1:00pm at Quinsigamond State Park 284 Lake Avenue, Worcester. There will be about 1,200 participants. It's one day we can all come together to support those who need it, and have lots of fun at the same time. We have a great program at my martial arts academy called MMA4A. It stands for Mixed Martial Arts For Autism. The deleloper of the program Todd Foote has a son that has autism. He designed the program to help young people focus their amazing energy and talents on specific tasks. It's an honor to help raise money fo...
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By Jane Becker, CRS,ASP,ABR,CBR,CDPE,LMC,E-PRO,GRI
(Keller Williams Home Team AdvantEdge )
365 things to do in Worcester County - Celbrate secretary's day in Worcester.  Today is April 27, 2010 and today is Secretary's Day.  The name has been changed to be more "politically correct".  It is now called Administrative Professionals Day.  And just in case you forgot to thank your admin, don't worry some authorities claim a full wee as a celebration. Administrative Professional's Week is celebrated:: April 24-30, 2011   National Professional Secretaries Week and National Secretary's Day was created  in 1952 through the work of Harry F. Klemfuss of Young and Rubicam. Klemfuss recognized the importance and value of the position to a company or business. His goal was to encourage more women to become secretaries. Using his skill and experience in public relations, Klemfuss, promoted...
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By Jane Becker, CRS,ASP,ABR,CBR,CDPE,LMC,E-PRO,GRI
(Keller Williams Home Team AdvantEdge )
365 things to do in Worcester County - support Dress for Success @ Rotman's in Worcester.  What is "dress for success"? you might ask.  Well, it's a worthwhile organization that helps women get back on their feet, by providing professional attire in the work field at minimal cost.  "Our Mission in Central Massachusetts is to promote the economic independence of disadvantaged women by providing attire, a network of support and the career development tools to help women thrive in work and in life." This is why today's 365 things to do in Worcester County - support Dress for Success @ Rotman's in Worcester, invites you to support a fund raiser in our neighborhood that empowers women to succeed! Third Annual Ladies' Night Out - Tickets On Sale Now! April 28, 2011 5:30pm-8:30pm Hosted by Ro...
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What a crazy finish to my refinance business for the month. It was one of those months where every approval seemed to come over from the bank on the same day and every piece of documentation that was sent over by my clients was missing one thing or another. This is usually not a problem but I didn't  take into consideration the holy days and how they were right at the end of the refinance calendar for the month. I have to say for the most part my clients are very organized with their paperwork. I try to stress the importance of organization at the beginning of the process with every client. We go over the expectations of each of us and I go over the required document checklist for underwriting approval. I make it clear that we are a team and that these documents are a home work assignme...
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By John Saari, "The Mortgage Buddy"
This coming week for rates will be driven by 1st quarter earnings, dollar weakness, and the language of the FOMC meeting on Wed. Last week saw a move up after everyone thought the wheels were going to fall of the market rally with S&P warning of a possible downgrade of the US economy. We ended the week at a 3yr high for the stock market on the heals of better than expected earnings from companies such as Intel, Apple, and General Electric. But I think if the rally is going to continue we are going to need the banks to participate in the rally and so far because of mortgage losses and regulations that won't happen. Another market driver to pay attention to is the weakness of the dollar. As the dollar continues to weaken the stock market will rally and there will be continued appetite to...
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In today's competitive mortgage market having a wide variety of products is so important for servicing clients and building referral relationships. I'm lucky to have a company that holds true to this belief. I hear so many stories from fellow loan officers that work for companies that have strict FHA credit score cutoffs of 620 or even 640. That type of limitations can leave a lot of potential business on the table. It's so refreshing being able to speak with real estate agents and tell them that I have the ability to close more transactions for them because I'm not handcuffed by a credit score of 640. If you think about everything that has happened in the financial markets over the past 3 years it's easy to see that there are a lot of people that have been hurt with job loss and other...
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By Jane Becker, CRS,ASP,ABR,CBR,CDPE,LMC,E-PRO,GRI
(Keller Williams Home Team AdvantEdge )
365 things to do in Worcester County - Wine tasting for charity in Worcester. An Evening of Wine & Chocolate; A Tasting Sensation Thursday, April 28, 2011 @ 6pm The Ecotarium 222 Harington Way, Worcester, MA Tickets are $45 per person   An Evening of Wine & Chocolate, an event where you can mingle with the Worcester Community and local businesses benefiting the 500+ individuals served by The Bridge of Central Massachusetts. Our passion for serving the disenfranchised takes the form of operating a program for homeless individuals, a residential program for head-injured, physically challenged women, and a drop in center and outreach program for GLBTQ youth.
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By Jane Becker, CRS,ASP,ABR,CBR,CDPE,LMC,E-PRO,GRI
(Keller Williams Home Team AdvantEdge )
365 Things to do in Worcester County - Celebrate Cinco De Mayo on Shrewsbury St., in Worcester. Cinco de Mayo (the fifth of May) is a national holiday in Mexico and also celebrated in many areas of the U.S. It celebrates the legendary and victorious Battle of Puebla on May 5, 1862.   Location:Find Local Food & Accommodations Description: More Information: aturday, May 3, 2008 - Monday, May 5, 2008 12:00 PM-2:00 AM Mezcal Tequila Cantina 166 Shrewsbury Street Worcester, MA 01604 Things are heating up at Mezcal Tequila Cantina, 166 Shrewsbury Street, Worc. as the countdown to Cinco de Mayo begins! On Saturday, Sunday and Monday, May 3, 4 and 5, the restaurant will open at noon (10:30 AM on Monday) for an all-day open house featuring special promotions of food and drink and an exhibit of M...
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By Pat McQuaid, eXp Realty
(McQuaid Real Estate Services at eXp Realty)
Welcome to Your Worcester County Massachusetts Short Sale  Site.  Your Site for Real Estate Help,  Answers & Action!         Frequently Asked Questions   What is a Short Sale?In the world of Real Estate, a short sale refers to the sale of real property for an amount less than the amount owed on the property. In the short sale scenario, the bank agrees to accept less than the full balance due on the debt, and usually ‘forgives' all or a large portion of the difference.   How will the Short Sale affect my credit?Short Sales are still a relatively new concept. Banks have the option of submitting the short sale to the credit bureau as "Paid in Full" or "Settled for less than full balance". As far as your credit score is concerned, there is no evidence whatsoever to support that a short sale...
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By Dennis Duvernay Broker/Owner
(Hillview Realty)
One is hard pressed to find another city of comparable size with a greater concentration of world-class colleges and universities. Worcester, with its population of 181,045, is home to 10 colleges and universities (a half-dozen more in neighboring communities), including the University of Massachusetts Medical School, Worcester Polytechnic Institute, College of the Holy Cross, Clark University, the Massachusetts College of Pharmacy and Health Sciences and Tufts Cummings School of Veterinary Medicine. For more information view the link: www.worcesterma.gov/ Worcester, Ma. Real Estate Market Report Single Family Homes Only Last 6 Months Hillview Realty/Dennis Duvernay All Stats Pulled From Local MLS    Total Active Listings ... 582             Average Days on Market ... 149 Lowest Price ...
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