Information on Home Buying & Selling, and state of the real estate market in Salem and the entire north shore of Massachusetts including Beverly, Peabody, Lynn, Danvers, Middleton, Ipswich, Hamilton, Wenham, Essex, Rowley, Manchester-by-the-Sea, Newburyport, Plum Island, Amesbury, Groveland, Georgetown, Haverhill, Merrimac, Andover, Etc.
Monday, July 07, 2014
Rental- 2 Bedroom Apartment Near Salem State University
New listing just posted: http://tour.circlepix.com/home/XZP6VN
Description: Nice clean 2 bedroom near Salem state University available now. Prospective tenants to provide own credit report and references.
Home Information:
Beds: 2
Baths: 1.00
Sqft: 1320
Price: $1400
MLS #: 71709029
Friday, June 27, 2014
2 Bedroom Condo in the Middle of Downtown Salem.
New listing video just posted:
http://video.circlepix.com/RVHEDN/619/2263
Description: Right in downtown Salem! Enjoy all the Salem has to offer right outside your door. The commuter train, restaurants and shops plus easy access to major routes! Professionally managed and pet friendly! Beautiful one level living unit with granite counters and high end cabinetry, two bedrooms and two baths, laundry in unit with deeded garage parking in the building, a major plus for downtown Salem. Professionally managed and pet friendly!
See full description and photos on this property
Home Information:
Beds: 2
Baths: 2.00
Sqft: 1244
Price: $317500
MLS #: 71705661
Wednesday, June 25, 2014
One Bedroom Condo for Sale in Downtown Salem, MA
New listing video just posted:
http://video.circlepix.com/LL2R3Q/619/2263
Description: Downtown Salem condominium in a quiet location. The good size open concept living room has a gas fireplace and new sliding doors to a nice patio that is perfect for enjoying that glass of wine after work. The kitchen was recently upgraded with new cabinets and stainless appliances. Newer replacement windows. The entire unit was just painted and the carpets were professionally cleaned, so all you need to do is move in. In-unit washer/dryer (included).One car deeded PARKING! Everything you need is just a few minutes walk away including the commuter train, many restaurants & pubs, the waterfront and more. Included in the low condo fee is heat & hot water and access to the exercise (new equipment!), sauna & event rooms. Excellent professionally managed association.
See Full description and photos on this property
Home Information:
Beds: 1
Baths: 1.00
Sqft: 772
Price: $199900
MLS #: 71695036
Saturday, June 21, 2014
Spacious 2 Bedroom Condo For Sale in Downtown Salem, MA
New listing video just posted:
http://video.circlepix.com/MDBVT9/619/2263
Description: BRIGHT ROOMY CITY CONDOMINIUM WITH 10 FT.HIGH CEILINGS AND ANTIQUE ORIGINAL PINE FLOORS THROUGHOUT. BRILLIANT LOCATION, WALK TO EVERYTHING..TRAIN, SALEM COMMON, DOWNTOWN RESTAURANTS RIGHT OUTSIDE YOUR DOOR. AMAZING YARD / GARDEN WITH 2 CAR DEEDED OFF-STREET PARKING AND GARAGE STORAGE. BIG CLOSETS AND TONS OF STORAGE IN BASEMENT! TWO LARGE BEDROOMS, CHEF KITCHEN WITH LARGE GRANITE ISLAND W/ SINK. EVERYTHING ON ONE FLOOR. NEWER WINDOWS AND INTERIOR FINISHES. NEWER CENTRAL AIR. HISTORICAL CHARACTER ABOUNDS! THIS CONDO HAS IT ALL FOR ROOMATES OR A COUPLE THAT WANT TO MAKE THE SALEM OUTDOOR LIFESTYLE CHOICE. NO SHOWINGS UNTIL FIRST OPEN HOUSE THIS SUNDAY JUNE 22ND - 12:00 - 3:00 PM. MUST BE SEEN, WILL NOT LAST LONG. MANY EXTRAS, MOVE IN READY
See Full description and photos on this property
Home Information:
Beds: 2
Baths: 1.00
Sqft: 1137
Price: $249900
MLS #: 71699770
Wonderful 3 bedroom, 2 1/2 bath home in Castle Hill in Salem MA
New listing video just posted:
http://video.circlepix.com/H4JM6X/619/2263
Description: SHOWINGS SUNDAY 1-3PM. Wonderful 3 bedroom, 2 1/2 bath home in a Great Neighborhood. Located in Castle Hill on a dead end street, this spacious American Four Square colonial home has numerous upgrades. Gorgeous kitchen with pantry, granite counters, stainless appliances, island and a prep sink at the stove. Open concept dining and living rooms has original gumwood woodwork and gleaming hardwood floors. Sliders open to the huge composite deck overlook the fenced yard with fruit trees. Upstairs you will find two bedrooms, an office (or bedroom) and a full bathroom with Jacuzzi tub and separate shower. The good size master bedroom has a dressing alcove with closet. On third floor is another bedroom with a full bath and lots of storage. South facing 3 season front porch. 3 zone heating. Parking for 3+ cars in the driveway. Located near Castle Hill Park, Salem High School and an elementary school. Should be a quick short sale. PLEASE SEE DISCLOSURES. OFFERS MUST BE IN BY MONDAY AT 5PM.
See full description and photos on this property
Home Information:
Beds: 3
Baths: 2.00
Sqft: 2000
Price: $279000
MLS #: 71702707
Tuesday, June 17, 2014
Condo for Sale in Salem, MA Near Downtown
New listing just posted: http://tour.circlepix.com/home/MDBVT9
Description: BRIGHT ROOMY CITY CONDOMINIUM WITH 10 FT.HIGH CEILINGS AND ANTIQUE ORIGINAL PINE FLOORS THROUGHOUT. BRILLIANT LOCATION, WALK TO EVERYTHING..TRAIN, SALEM COMMON, DOWNTOWN RESTAURANTS RIGHT OUTSIDE YOUR DOOR. AMAZING YARD / GARDEN WITH 2 CAR DEEDED OFF-STREET PARKING AND GARAGE STORAGE. BIG CLOSETS AND TONS OF STORAGE IN BASEMENT! TWO LARGE BEDROOMS, CHEF KITCHEN WITH LARGE GRANITE ISLAND W/ SINK. EVERYTHING ON ONE FLOOR. NEWER WINDOWS AND INTERIOR FINISHES. HISTORICAL CHARACTER ABOUNDS! THIS CONDO HAS IT ALL FOR ROOMATES OR A COUPLE THAT WANT TO MAKE THE SALEM OUTDOOR LIFESTYLE CHOICE. NO SHOWINGS UNTIL FIRST OPEN HOUSE THIS SUNDAY JUNE 22ND - 12:00 - 3:00 PM. MUST BE SEEN, WILL NOT LAST LONG. MANY EXTRAS, MOVE IN
Home Information:
Beds: 2
Baths: 1.00
Sqft: 1137
Price: $249900
MLS #: 71699770
Thursday, June 12, 2014
Downtown Salem Condo for Sale with Parking
New listing video just posted:
http://video.circlepix.com/LL2R3Q/619/2263
Description: Convenient 1st floor condo in the heart of downtown Salem in a quiet location. The fireplaced open concept living room has sliders to the patio. The kitchen was recently upgraded with new cabinets and stainless appliances. The entire unit was just painted and the carpets were professionally cleaned, so all you need to do is move in. In-unit laundry.PARKING! Everything you need is just a few minutes walk away including the commuter train, restaurants, pubs, waterfront, etc. Included in the low condo fee is heating & hot water and access to the exercise (new equipment!), sauna & event rooms. Excellent professionally managed association.
Home Information:
Beds: 1
Baths: 1.00
Sqft: 772
Price: $199900
MLS #: 71695036
MUlti-Family Home For Sale in Salem MA
New listing video just posted:
http://video.circlepix.com/PGUKQS/619/2263
Description: RARE. Brick three family residence. Move in condition. Extensive restoration now ready for new owner(s) looking for the urban city vibe in historic Salem which is one of the hottest markets on the North Shore of Boston. Own with rental income or investors looking for positive cash flow wont miss this property with an attractive $54,000.00 gross operating income! Separated utilities. Lead certificates of compliance. Coin operated laundry in basement. One off street parking space. All appointments require updated pre qualification letter from local lender. Shown by appointment only. Showings begin June 9th.
Home Information:
Beds: 9
Baths: 3.00
Sqft: 3537
Price: $375000
MLS #: 71692339
Single Family Home For Sale in Salem MA is Priced to Sell!
New listing video just posted:
http://video.circlepix.com/PPHLVH/619/2263
Description: PRICED TO SELL ! GREAT VALUE FOR UNDER THREE HUNDRED GRAND IN SALEM. THIS THREE BEDROOM HOME COMES WITH A VERY COMFORTABLE BRIGHT FAMILY ROOM & "EAT IN KITCHEN" AND LIVING/DINING ROOM, MASTER BEDROOM ON THE IST LEVAL. TWO FULL NICE & BRIGHT BATHS WITH SHOWER & TUB ON EACH FLOOR. AND TWO LARGE SECOND FLOOR BDRMS., CENTRAL AIR, AND AN EXTRA FINISHED ROOM IN THE BASEMENT FOR A HOME OFFICE OR "MAN CAVE". PLENTY OF CLOSET SPACE. THE OUTSIDE FEATURES A NICE LEVAL YARD, GREAT FOR FAMILY GET TOGETHERS ETC. !! KITCHEN IS MODERN & UPDATED, OFF STREET PARKING FOR TWO.
See Full Description and Photos on this Property
Home Information:
Beds: 3
Baths: 2.00
Sqft: 1485
Price: $274900
MLS #: 71680053
Single Family Home for Sale in Winter Island in Salem, MA
New listing video just posted:
http://video.circlepix.com/BVE46D/619/2263
Description: Winter Island - Salem Willows location! Great views of Juniper Cove with a right of way to the water & beach right across from the house. New chefs/bakers kitchen with high end appliances & granite counters, fireplace living room with custom cabinetry, three bedrooms, an office, 2 1/2 baths and a lovely manageable yard with beautiful perennials makes this home a great find for anyone wanting to live near the ocean. Master bedroom with master bath. Beautiful parks are right around the corner along with several other beaches, boating & fishing - all within walking distance.
See the full description and photos of this apartment for rent
Home Information:
Beds: 3
Baths: 2.00
Sqft: 1780
Price: $449000
MLS #: 71692161
Friday, November 16, 2012
Salem Awarded Best Shopping in Massachusetts
The RAM Awards of Excellence were created in 1998 by retail expert Rick Segel, a RAM board member, retail trainer, and distinguished author. The RAMAES were developed as a way to acknowledge retail excellence in the Commonwealth. Throughout RAMAES history, large and small, new and veteran retailers, and local gems and national players from all corners of the state have been honored and given the recognition they deserve for their involvement in the community and retail industry.
Thursday, August 20, 2009
Homes still affordable - really affordable
Homes still affordable - really affordable
The bright side of the housing bust: Homebuying has not been this affordable in a generation.NEW YORK
(CNNMoney.com) -- Homes continue to be more affordable than they have been in nearly two decades. The typical American family, making the nation's median income of $64,000 a year, could afford to buy 72.3% of all homes sold in the United States during the second quarter, according a quarterly report from the National Association of Home Builders (NAHB) and Wells Fargo (WFC, Fortune 500). That's off just a tad from the record 72.5% reached during the first three months of 2009, but up substantially from the second quarter of 2008 when only 55% of homes sold were affordable. "The increase in affordability -- along with the $8,000 federal tax credit for home buyers -- is stimulating demand, particularly among young, first-time buyers," said NAHB Chairman Joe Robson, a homebuilder from Tulsa, Okla., in a prepared statement. The NAHB judges a home to be affordable if a family making the metro area's median income could devote no more than 28% of their take-home pay toward housing costs. The vast improvement this year is due to plunging prices and rock-bottom interest rates. The average U.S. home price has dropped more than 32% from its peak, which was set during the summer of 2006, according to the S&P/Case-Shiller Home Price index. And, for most of the three months mortgage rates were historically low, under 5% for a 30-year fixed-rate loan. Long suffering sellers The improved affordability comes, of course, at the expense of sellers. Real estate Web site Zillow reported that more than 30% of all homes sold during the three months ended June 30 went for less than what the sellers originally paid. The longer they owned the home, the more likely they were to profit from the resale, but virtually anyone who bought within the past five years and sold during the quarter lost money on the deal, according to Stan Humphries, Zillow's vice president in charge of data and analytics. Foreclosure factor The heartbreak among home sellers is compounded by the foreclosure problem. Many of the homes on the market got there because families lost their homes to foreclosure. Part of the reason that home prices have become so reasonable is the volume of REOs -- real estate speak for homes repossessed by banks -- has spiked. There were more than 87,000 repossessions in July, about triple the number of July 2007. Foreclosed homes are often listed and sold at steep discounts to produce quick sales, according to Brad Geisen, founder of Foreclosure.com, which markets such properties. "The big banks are finally pricing their properties to what people will pay for them," he said. "Foreclosure inventory is now selling at about the same rate it's coming in." Most affordable cities The older, industrial Midwest cities generally offer the best bargains. Indianapolis has led the NAHB's Housing Opportunity Index for 16 straight quarters. Nearly 95% of all homes sold there were affordable to those earning the area's median income of $68,100. Other leaders were the Youngstown, Ohio, metro area, Detroit, Dayton, Ohio, and Grand Rapids, Mich. The least affordable large metro areas were New York, where only 21% of homes sold were affordable, Honolulu, San Francisco,Los Angeles and Santa Ana, Calif. By Les Christie, CNNMoney.com staff writer