Greetings all,

We finally made it to Spring!  Snow shovels are tucked away and we are ready for warmer temperatures, spring bulbs and green grass.  While cold and snowy, the first quarter of this year showed positive results with more Hingham homes sold and more sales volume than in Q1 of 2013. 2014 forecasts are encouraging with another very good year for the local real estate market.   

In this newsletter I have again provided "Fast Facts" below for those who prefer just the numbers. I have also added a designation to note statistics that are either more advantageous to buyers or sellers. In this issue I am pleased to report they are predominantly advantageous to sellers.  I have also provided an analysis to summarize what all the statistics mean for our local real estate market. 

New ideas for my newsletter-Is there something you would like me to report or analyze that is not included?  Let me know if you have any suggestions!

   

    

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South Shore single family statistics

Q1 2014

All towns showed growth in sales volume and number of homes sold other than Norwell where sales were off significantly. However, Norwell had only 15 home sales so the statistics can be deceiving.  Scituate and Norwell's median price went up and Cohasset, Hingham and Duxbury's median price went down. In general, the communities that had the best growth in 2013 are showing slower growth during the first quarter of 2014. 

Read Boston Magazine's 2014 Best Places To Live article

(Hint: Hingham is once again featured but in a new category)

 

 

Hingham High School

(Hint: Hingham is featured as the only high school on the South Shore) 

 Next year I will have 2 college students who graduated from HHS. I couldn't agree more!

6 Things Real Estate Agents Wish You Knew

Whether you are a buyer or seller, here is a list of things we wish you knew!

There are buyers shopping now for homes in Hingham and surrounding communities.  If you are interested in finding out the value of your home, I can provide you with a Complimentary Market Analysis.  Likewise, if you know of someone who might be interested in making a change, I welcome all referrals. 

If you are contemplating a move out of this area, I can also provide you with a  referral to a knowledgeable Coldwell Banker relocation expert in the market of your relocation.

Pamela.Bates@nemoves.com

c: 617 240-1292

New Projects In Town

New construction is another sign of growth in the local real estate market.

Chestnut Gardens

Hingham 

The Weathervane at Chestnut Gardens -23 detached single family homes on Beal Street in Hingham.  Approximately 10 lots left and selling fast.  3 or 4 bedroom options available with prices starting at $739,000.  

Damon Farm

Hingham-Norwell

is a 32 unit project at Queen Anne Corner. There will be single family, 2 and 3 family buildings. The development is in both Hingham and Norwell.  Prices start at $699,000.

If you are interested in further information on either of these projects or have another real estate question, please contact me.

Today's Rates

Interested in finding out about mortgage rates?

 

Kevin Byrne, Coldwell Banker's full-time senior mortgage specialist can recommend a mortgage plan to fulfill your needs.

As of April 11,2014 the following rates are available:

  

-30 year fixed: 4.25% + 0 points

-FHA 30 year fixed: 3.75% + 0 points

-30 year Jumbo fixed: 4.375% + 0 points

-15 year fixed: 3.25% + 0 points

 

Other rate and point options available.

  

Rates have been variable.  Now is the time to secure that fixed interest rate loan before they continue to rise!

  

 Kevin can be reached via email or

at 781 718-3366