April Market Update
Wow, what a crazy time we are in, it feels almost surreal to me. Some would think the real estate market would have stopped or slowed dramatically during this pandemic, but MLS data shows us otherwise. Some towns and price points are still seeing many showings and multiple bids and others (mostly in the higher price ranges) are starting to slow down. During the pandemic I have been making adjustments to the way I work for the safety of my buyers and sellers.
While I’m no longer holding open houses until they are safe to have again, I’m implementing other great marketing ideas to accommodate sellers that still need to list and move. I can do this with video tours and virtual tours of the property like this 1Debrah.com (only some photography companies are still working as of April). These tours allow buyers to have a virtual walk through so they can decide if they want to come for a private showing, minimizing the buyers coming through that it is not a good fit for, while at the same time maximizing it for those that it is a great fit for. I also have a list of guidelines for buyers to follow when viewing a home, as well as a list of things a seller can do to make the showings as safe as possible for all parties.
Check out my new 24 Church St Sudbury video tour - 24ChurchStreet.com. It needs complete renovation and is perfect for the builder/remodeler/flipper. It’s a large antique Victorian on an acre and a half level lot with a barn located in a highly desirable area just off route 20 at an amazing price. More information about this and my other listing below!
Also be on the lookout for my new north Framingham listing. It’s a fantastic updated 4 bedroom 2.5 bath Colonial with a gorgeous stacked stone fireplace, hardwood floors, and a delightful family room addition that leads out to a fabulous private patio which is perfect for entertaining!
As far as what is happening with other real estate related service providers, some appraisal companies are now allowing exterior inspections and using interior photographs in lieu of an in person interior inspection. Some photographers are only going to vacant homes, some have stopped working, and others are taking additional precautions to take pictures, like asking sellers not to be present and wearing gloves and masks while in the property. Home inspectors are still working but they have asked to limit the number of buyers and agents present and/or will do a FaceTime inspection, so buyers don’t miss out on anything.
As for financing, FHA may soon be requiring higher credit scores and jumbo loans are getting a little tougher to back, though some lenders are getting around that by doing a 90/10 split loan.
If you have question on anything real estate related especially now when there are so many things are really changing day to day, don’t hesitate to call me to discuss 508-932-9179.
Stay safe!
Due to our current situation of social distancing, etc., it's still important to get some exercise and just get out! The following scenic drives may be just what you need to give you some much needed change of scenery. Pack some snacks, and don't forget your gloves, masks and disinfectant in case you need to gas up and/or make a pit stop! Enjoy the ride!
Mount Greylock Scenic Byway
This scenic road will take you through 16.3 miles of gorgeous countryside and lush forests. The foliage in the fall is particularly stunning along this route. It's the perfect road to take when you don't have any particular destination in mind but want to see something beautiful. If you stop at the summit of Mount Greylock and Western Gateway Heritage State Park, the drive will take you about two hours.
Route 6A
Route 6A is also known as Old King's Highway, as a portion of it served as the royal route during the early years of colonization on the Cape. Today, it's the beautiful, winding road that runs east to west across the arm of the Cape. Historic buildings line the route, and it's a great way to get a taste of the beauty of this region.
Chickatawbut Road
This scenic road is close to Boston, so city dwellers should definitely check this one out. It runs from Braintree to Milton and passes through beautiful forest and past the craggy cliffs and slopes of the Blue Hills. Stop by the Blue Hills Reservation to get out and stretch your legs.
Jacob's Ladder Scenic Byway (Route 20)
The Jacob's Ladder Scenic Byway is a beautiful route through the foothills of the Berkshires. You can take this route through the center of the town of Lee and admire the gorgeous architecture of this sleepy and historic town.
Central Hills Loop
Taking this Central Hills Loop route through New Salem near the Quabbin Reservoir affords beautiful views of the water and green forests. Driving through the village of Gilbertsville in Hardwick, you’ll pass over a lovely covered bridge and have the opportunity to stop at Hamilton Orchards.
Connecticut River Byway
This stunning road will take you through fertile farmland and miles of historic sites. There are actually 1,200 nationally recognized historic sites and buildings along the byway, so you won't be lacking in roadside entertainment. The Connecticut River Byway is also a charming road to take in the fall as the leaves are changing.
Mohawk Trail Scenic Byway
This route was based on a Mohawk footpath and will show you some of the best scenery this state has to offer. Travel this road in the fall for an eyeful of vibrant foliage, or hop on in the spring or summer to check out places like Old Greenfield Village and the Barton Cove Recreation Area in Gill. The entire route covers about 42 miles.
Southwest Berkshires
If you hop in your car and drive the 27 miles between Sheffield and Pittsfield, you'll encounter all sorts of beautiful sites. Stop by the Pittsfield State Forest for a dose of nature and then head to the Hancock Shaker Village for a trip back in time.
Lexington to Concord
No two town names are so recognizable a pair as Concord and Lexington. These historic towns played a crucial role in the Revolutionary War, and driving the seven miles between them is a treat in all seasons. Stop by the Minute Man National Historic Park to learn about the famous conflict and spend the night at cozy Concord's Colonial Inn.
Ocean Drive Newport, RI
This scenic drive, also known as Ten Mile Drive, (or just "The Drive" to locals) encompasses most of the southern coastline of Aquidneck Island. This area used to be farmland, but today is one of the most popular Newport RI attractions. Once you're out here, it's very easy to see why.
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