Happy July! Here’s your quick Market Report for Single Family Home Sales in Reading for the first 6 months of 2016. As you can see, Reading is selling ABOVE asking on average!:

Number of Homes Sold: 100
Average List Price: $523,365
Average Sale Price: $528,634 
Average List Price Per Square Foot: $272
Average Sold Price Per Square Foot: $275
Average Days Until Offer: [...]

In April 2007, Boston Magazine printed an article titled: If You Lived Here, You’d Never Want to Leave, which showcased the most desirable streets to live on in the Greater Boston Area (and a bit beyond) in Massachusetts. In the “North” section of the article, Summer Avenue in Reading..... 

 

 

 

 

 

If you are looking to be in three of the North Shore's most desirable towns - Andover, Lynnfield and Reading - you might think you have to have $500,000 to start in this red hot market. Not exactly the case, as here are 3 of the 15 active single family homes in those towns you can buy right now, UNDER $400,000! (But act fast - they all just [...]

Sun Drenched, Fantastic Corner 2005 constructed Townhouse in serene Watertown neighborhood. 
With 3 levels of living, this is a wonderful home that boasts modern amenities, spacious rooms, flexible/open floorplan & several outdoor areas.

Here’s a quick look at the Luxury Homes Sales in Andover, North Andover, Reading, North Reading & Lynnfield comparing the first quarter of the year from years 2012 – 2016. For this comparison, I’m using sales of $1 Million and up (that’s not to say that there aren’t “luxury homesâ€� in these markets under $1 Million, there certainly are, but for this study, I simply used $1 Million as the starting point!)

 

Quick Market Snapshot Comparison between January & February 2015 and 2016 – 3 Towns North of Boston: Reading, North Reading, Lynnfield

I’m interested in seeing what the entre first quarter of 2016 looks like in comparison (when the data comes out next month!), however, here is a quick comparison of first two months of single family home sales in Reading, North Reading and Lynnfield Massachusetts in 2015 and 2016.

 

 

 

Homeowners, here are some helpful tips regarding deductions you can take! Remember, always consult with your Financial Advisor or Accountant.

Points on Home Mortgage and Refinancing. If you have bought a home in 2015 by availing mortgage, then apart from the mortgage interest, you can also write off the points on your tax return. Simply put, ‘points’ are the fees you pay to the lender for getting the loan. One point is equal to one percent of the principal loan amount. The fee varies from one point to three points depending on the trend prevalent in the area. Full deduction can be claimed for the points, provided they pertain to the purchase of the home.
 

 

129 Howard Street is a wonderful & unique 4 Bedroom / 2 Bath single family in a wooded, tranquil setting. Located in Reading, which boasts incredibly desirable school districts, active neighborhoods and thriving downtown, this home built in 1974 is set back and enveloped in over an acre of plush and private yard. 

Andover, MA remains one of the most sought after communities on the North Shore of Massachusetts.

Education is a huge factor in Andover?s allure, with Phillips Academy at the cornerstone. It was recently ranked (2016) as the NUMBER ONE private high school in the US.

Beyond educational prestige, Andover boasts gorgeous tree-lined picturesque [...]

Your Lynnfield House Could Make You Well Over $100,000

Thinking about selling your home in Lynnfield, Massachusetts? Well, if you bought in 2009, the sale of your home now could net you some serious cash.

Call it what you will – the bubble bursting, the crash, or the market adjustment (if you like the less dramatic and colorful!), but [...]