Winter is Great Time to Buy or Sell Real Estate

winter market Study: Real Estate Cheapest in Fall, Winter

DAILY REAL ESTATE NEWS

According to Realtor Magazine

Your home buyers likely won’t want to shy away from the fall or winter months. They may score the best deals.

Home sales prices in the nation’s largest metros typically peak during the summer but drop in the fall and are lowest in the winter, according to a new study from NerdWallet, in which researchers analyzed sales and listings over the past two years in the 50 largest metros using realtor.com® data.

Home sale prices tend to peak in June and July, according to the analysis. Buyers will find the most inventory or home choices during those months but there is also more competition from other buyers that they will have to contend with.

The market tends to slow in the fall and sales prices start to dip. Sales prices drop nearly 3 percent, on average – a fall of $8,300 on the median home – from summer (June through August) to fall (September through November).

Home sale prices tend to be cheapest in the winter. In January or February, for example, homes could potentially cost 8.45 percent less on average than in June through August.

January had the lowest sales prices in 29 of the 50 metro areas analyzed; February had the cheapest in 19 areas.

“If your circumstances give you the freedom to be able to choose the best time to look to sign a contract on a new home, there’s no question that the market dynamics favor you the most to do that in the dead of winter, ideally in January or February, right before the activity starts to heat up,” says Jonathan Smoke, realtor.com®’s chief economist.

Source: “House Shopping After Summer Ends? Buying Later in the Year Could Save You Thousands,” NerdWallet (Sept. 20, 2016)

Inventory is low, now is the time to list your home or buy a new home.  Time to make the move.

Visit www.realtormag.realtor.org more real estate news.

Visit www.boldmovesrealestate.com to help you get into the winter real estate market.

This blog was posted on www.agentrising.com on February 16, 2017.

 

T.U.R.F., Inc.

Old Rochester Regional High School FootballWhat is T.U.R.F., Inc. all about?   Tri-Town Unified Recreational Facilities (T.U.R.F., Inc.) is a citizen-based non-profit organization, formed to fulfill the vision of a first-class facility at Old Rochester Regional High School.

The fields and facilities at Old Rochester Regional High School are the common ground of the Tri-Town area.  Every day brings a diverse group of students and community members together to run the track, hop on the tennis courts, or join their teams on the playing fields.  Each year thousands of friends, neighbors and teammates cross paths and strengthen connections.  The fields at the high school have not been upgraded since the school’s 2000 addition, and the facility is showing its age.

T.U.R.F., Inc. would like to transform ORRHS fields into a premiere facility for the tri-towns to use.  This would include:

  •  The installation of synthetic turf playing fields;
  •  The redevelopment of track & tennis facilities;
  • The rebuilding of grass baseball fields.

 

This complex will bring our athletic programs to the next level, creating more opportunities for our youth and recreational programs, and expand opportunities for adult athletic and civic programs.

Studies have shown that areas with modern recreational areas see a property value increase of 17% or more, and areas with poorly maintained rec areas see their property values decrease.

The Committee is looking for  your help, no matter how big or small.  They usually meet on the first Wednesday of each month at 7:30pm in the ORR High School Media Center, but you can also check out their Facebook page and  website page “Come To Our Next Meeting.”

T.U.R.F., Inc.

Click on the links below to visit their website with lots of information on progress made and the days ahead.  Attend a meeting and see how you can help or make a donation.  It will make for a better community.

Visit www.orrturf.com for more information and a link for donations.  Check out their facebook page. https://www.facebook.com/orrturf/?fref=ts

Visit www.boldmovesrealestate.com for more updates and the latest news.  We have a great team of realtors who care about the community they live and work in.

This blog was posted on www.boldmovesrealestate.com on February 8, 2017.

Bus Service Begins in Marion and Mattapoisett

New bus route begins Monday for Marion, Mattapoisett

By Georgia Sparling | Jan 31, 2017

Courtesy of: GATRA/SRTAThe new bus route follows Route 6.

A new bus service from Wareham to New Bedford will begin soon, including service for Marion and Mattapoisett.

The Greater Attleboro Taunton Regional Transit Authority (GATRA) and Southeastern Regional Transit Authority (SRTA) collaborated on the new route, which begins Feb. 6.

There will be two round trips in the morning and two in the afternoon, Mondays through Wednesdays.

“This is a very exciting chance to link social services, businesses and the people of our collective communities to new employment and educational opportunities,” SRTA Administrator Erik Rousseau wrote in SRTA Administrator Erik Rousseau wrote in an email.

As the program is grant-funded, there won’t be any cost to the communities through which the buses will travel.

“It’s been a need,” GATRA Administrator Frank Gay said in 2016. “It’s been something that’s been identified for a number of years and something that we’ve been trying to figure out how to fund.”

Half of the funding, about $42,000, came from the Massachusetts Department of Transportation, with the transportation services matching the amount.

Awarded in July, the grant will last one year, but GATRA can apply for a second year.

Gay said the transportation authority usually like to assess a new program over two to three years.

The program will be a boost for Marion and Mattapoisett residents in need of public transportation.

Council on Aging departments in the three towns offer some public transportation, and SRTA provides limited on-demand service for Mattapoisett residents who qualify for assistance to get to medical appointments. Marion and Rochester, however, do not belong to GATRA or SRTA, and unfortunately, the Route 6 route won’t improve public transportation for Rochester unless residents can get to the route on Marion or Mattapoisett.

While there are not specific bus stops in Marion and Mattapoisett, the bus can be stopped along the route ad there are approximate times the bus will pass prominent corners in each town.

In Marion, the corner is Route 6 and Route 105. Eastbound times at that location are 8:06 a.m., 10:06 a.m., 2:36 p.m. and 4:36 p.m. The approximate time buses will reach that corner going westbound are 8:40 a.m., 10:50 a.m., 3:20 p.m. and 5:20 p.m.

In Mattapoisett, the corner is at Route 6 and North Street. Eastbound stops are at 7:55 a.m., 9:55 a.m., 2:25 p.m. and 4:35 p.m. Westbound stops are 9:01 a.m., 11:01 a.m., 3:31 p.m., and 5:31 p.m.

Riders should arrive at least five minutes early.

There are a total of seven stops on the route: The New Bedford Terminal, the Southcoast Health System in Fairhaven, Shaw’s/Greater New Bedford Health Center in Wareham, the Wareham Multi Service Center and Cranberry Plaza, also in Wareham.

The fare is $1.50 each way and 75¢ for senior citizens 60 years and older, children ages 6 to 11, those with a registered disability and Medicare recipients. Children under 6 travel for free.

Visit www.sippican.villagesoup.com for more local stories and click on www.boldmovesrealestate.com for local realtors who are experts in our local communities.

This blog was posted on www.boldmovesrealestate.com on February 1, 2016.