Avoid overpaying taxes by understanding Boston’s abatement process for real estate taxes Every year the City of Boston adjusts assessed home values for a real estate tax base, and there is a lot of confusion around this number. Allow me to offer some clarifications and suggest how to avoid overpaying real estate taxes. What is […]
Continue readingNewton real estate is in high demand and in analyzing the market for Newton houses; you find almost across the board, the market is favoring sellers. Inventory of houses on market in Newton is just meeting demand or falling shy of it in some price ranges. The price range with most pressure is the $800,000-$899,999 […]
Continue readingAre you totally overwhelmed by the idea of looking for a condo in Boston? Are you curious, and just don’t know how to start looking? If you are regularly thinking about becoming a first time homebuyer, but don’t know what to expect, t his post is for you. When prospective first time homebuyers are curious […]
Continue readingThe Brighton condo market has seen a visible change for the better this summer compared to last, and I’ve put together some numbers for you to see. Notice average prices are up 8%, and days on market as much shorter, 33 days less time on market! The number of sales during the summer of 2011 […]
Continue readingResidential exemptions are reduction on your tax bill if you live in the home you own. Most towns have some sort of residential exemption, usually calculated with a deduction off the assessed value of your principle residence. Your principle residence is defined as the address used on your last income tax filing. In Brookline, the […]
Continue readingOne of the most popular question I get these days is “Should I renovate my home or sell it.” Everyone’s situation is different so everyone comes to a different conclusion. It’s a loaded question because it involves many variables and a big undertaking whatever you choose. Speak to your real estate broker about your options. […]
Continue readingMarket time for sold houses in Newton is dropping fast. In May 2012 the average days on market for a single-family house in Newton was 64 days, less than half from the recent peak in January 2011 of 155 days. May of 2012 has many similarities to the peak of the housing market boom in […]
Continue readingThere has been a lot of talk about the shrinking supply of homes in the market. The shift in this critical market condition is nicely shown in the months of supply of Brookline’s single family houses chart. In May 2o11 there was over 10 months of supply – meaning, it would take 10 months to […]
Continue readingThis is not the first post I am writing about Brighton condo market getting tighter. A few weeks ago I wrote about dwindling inventory of condos available for sale and the huge drop in time on market, which I named, “Brighton Feels like 2004.” Inventory and days on market go hand in hand. These indicators […]
Continue readingI don’t know why anyone wants to be a FSBO – for sale by owner. To me, selling your own property is like doing your own dental work, a bad idea. But let’s say you super-glued your chipped tooth and want another adventure. Here are the do’s and don’ts for a sale-by-owner if you want […]
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