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Real Estate – Average Sale Price

Real Estate – More Bidding Wars to Come

bidding war

I wasn’t sure it would be possible… but it looks like this Spring we will see more bidding wars than last. Inventory is down from last year and there are more buyers looking than ever. I submitted an offer yesterday competing against 22 other offers (9 of which were cash). If you are buying in/around Boston make sure to consult with someone who knows how to navigate these “wars”!

Real Estate – Prevent Frozen Pipes

frozen pipe

With what seems like a record number of frozen pipes this year… here are some things you can do to prevent it from happening:

1) Insulate pipes in unheated areas (beneath sinks, basements, crawl spaces; etc).
2) Allow a slow trickle of water in sinks during extreme cold.
3) Keep cabinet doors beneath sinks open during extreme cold.
4) Seal air leaks in foundation with foam or insulation.
5) Know where shut off valve is incase pipes do freeze. This will minimize damage if they burst.

Real Estate – Home Improvement Projects

chart

The real estate market in 2013 was one of the most remarkable years that we have ever experienced. Not just here in the Bay State, but also across much of the country, most markets realized superb boosts in prices, sales volume, construction starts, and record times for getting a property to the closing table after it has been active on the market. Now, a recent study from Harvard University has concluded that because of the above factors, the nation’s home remodeling market is also primed for success in this calendar year.

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