Mortgage interest rates dropped sharply on the heal of the latest Federal program to back mortgage backed securities.  Local banks and lenders are now offering incredibly low rates for both fixed and adjustable rate mortgages. 30 year fixed rates as low as 5.25% with 2 points or 5.5% with no points are currently being offered by many … Continue reading Great news for the Andover and North Andover real estate market!

For many home buyers, a condominium offers an excellent lifestyle and an affordable alternative to buying a single family home. If you’re considering  buying a condominium in Andover or any other community, be sure to take time to find out everything you can about your condominium association.    Before you buy, contact the condo board with the following … Continue reading Questions to ask before buying a condominium in Andover or North Andover

Condominiums and townhouses offer an affordable real estate option to single-family homes in Andover and North Andover Massachusetts. But here are just a few of the many  facts to consider before you buy.   Storage. Some condos have storage lockers, but usually there are no attics or basements to store belongings.   Outdoor space. Yards … Continue reading Should I buy a single family home or a condominium in Andover or North Andover?

If you’ve asked yourself this question my guess is there is something about your current home that does not meet your lifestyle needs.   What is it about your home or neighborhood that isn’t meeting your needs?  If you like your neighborhood but your home is too small does remodeling make sense?  Has your job location changed?  … Continue reading Does buying or selling a home now make sense?

The Multiple Listing Service recorded 13 single family home sales in North Andover MA during October 2008.  Sold prices ranged from a low of $313,500 to a high of $744,000 with an average list price of $502,407  and average sales price of $485,192 and an average market time of 98.85 days. October 2007 reported Last October, 2007, single family home … Continue reading North Andover Single Family Home Sales

The Multiple Listing Service recorded 22 single family home sales in Andover MA during October 2008.  Sold prices ranged from a low of $199,900 to a high of $925,000, with an average list price of $522,295, and average sales price of $501,311 and an average market time of 82.32 days. October 2007 reported 20 single family home sales in Andover MA … Continue reading Andover MA Single Family Home Sales

As we head into the holiday and winter season, I’m often asked if this is a good time of year to buy or sell a home in Andover, Boxford or North Andover Massashusetts.  Statistically it is true that we have more home sales in the spring and summer months and without a doubt there are many families with … Continue reading When to buy or sell a home?