Details on the new housing tax credit

December 12, 2009

Good news for home buyers. Congress has extended the housing tax credit for first-time home buyers, raised the income limits, and expanded it to include current homeowners. I could explain all the details, but Ryan Raveis describes the program much better than I could ever do in this video. He summarizes eligibility, income limits, and program specifics.



Let me know if you have any questions on it, and I’ll get Ryan to do another video to answer it.

13 Misty Lane sells in under a week

December 5, 2009

My listing at 13 Misty Lane in Westford closed in November. There was a lot of interest in this home. Showings started at the Sunday Open House, we had 32 groups go through, resulting in multiple offers, and an accepted offer within 4 days.
13 Misty Lane, Westford, MA

The extreme interest in this home shows how much value people place on a nice neighborhood setting, and Westford’s great school system, as both of these were big draws for the people who came through. It also shows how important it is to use the Internet and social media to market homes, as I had over 200 visitors to www.13MistyLane.com in a week.

The house showed really well because I went through each room with the sellers pointing out improvements that they should make, and contracted for an outside staging company to further enhance the appeal of the home.

Home sales in Westford for November 2009

December 2, 2009

November was an active month in Westford home sales, as there were 18 transactions, several of which sold for 100% of asking price.

Address Sale Price Orig. Price % of Orig. Days
8 Hildreth Street $215,000 $300,000 72% 137
13 Elm Road $238,000 $250,000 95% 64
46 East Prescott Street $310,000 $318,000 97% 26
82 Tyngsboro Road $320,700 $335,000 96% 22
22 Oak Hill Road $337,000 $357,500 94% 56
8 Hillside Avenue $357,000 $389,900 92% 245
400 Groton Road $362,000 $362,000 100% 4
5 Kestrel Lane $436,650 $436,650 100% 0
36 Crown Road $470,000 $525,000 90% 168
176 Depot Street $495,000 $525,000 94% 55
21 Heather Drive $495,000 $475,000 104% 9
11 Quarry Hill Road $551,000 $556,900 99% 20
20 Honeysuckle Road $568,000 $559,900 101% 27
33 Acton Road $575,000 $639,900 90% 490
13 Misty Lane $615,000 $629,000 98% 40
30 Chicory Road $629,000 $649,000 97% 18
6 Baldwin Road $689,900 $689,900 100% 42
2 Magnolia Drive $690,000 $699,000 99% 22
Averages $464,125 $483,203 96% 80