5 Secret Garden Lane in Franklin, MA offers superb value: a 2600 sq ft colonial built in 1999 on a 1.3 acre wooded lot in a serene cul-de-sac neighborhood. Located in desirable north Franklin, the property is in the sought-after Helen Keller Elementary School and the Annie Sullivan Middle School districts and is close to a large [...]
Posts tagged as:
Franklin MA Home For Sale
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[post_content] => 5 Secret Garden Lane in Franklin, MA offers superb value: a 2600 sq ft colonial built in 1999 on a 1.3 acre wooded lot in a serene cul-de-sac neighborhood.
Located in desirable north Franklin, the property is in the sought-after Helen Keller Elementary School and the Annie Sullivan Middle School districts and is close to a large shopping plaza in the adjacent town of Medway.
The home offers 4 bedrooms, 2.5 baths and over 2600 square feet of living area with hardwood and tile floors throughout.
Oversized cathedral-ceilinged great room opens to eat-in kitchen boasting solid counters with breakfast bar, stainless steel appliances, cooktop, and large pantry. Formal dining room, first floor office/study. You’ll love the separate first floor tile laundry with work counter and built-in storage!
Hardwood stairs lead to 4 ample bedrooms all with hardwood floors. Master bedroom features full bath and huge walk-in closet. Fourth bedroom enhanced by atrium ceiling.
Central air, hot water baseboard heat. Full basement, 2 car garage. Title 5 in hand! Large deck and patio overlook cleared rear yard and woods – you’ll enjoy great privacy with this home!
[post_title] => Home for sale at 5 Secret Garden Ln, Franklin, MA
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[post_content] => There was an early Christmas present delivered today for Massachusetts homeowners: an influential real estate trade publication reported that MA home sale volume jumped over 50 percent in November 2009 compared to year-ago levels. This is very bullish news for the MA housing market as we get ready for 2010.
Home sales near boom levels
The report by Banker & Tradesman cited a 59.1 percent increase in November single family home sales in Massachusetts to 4,136, noting that this was the highest number of sales in any November in the state since the boom year of 2005.
At the same time, Banker & Tradesman said condominium sales in Massachusetts increased 54 percent to 1,840 from 1,195 in November 2008.
Supply of Massachusetts homes for sale falls
The startling surge in sale volume is causing inventories of available homes in Massachusetts to drop to very low levels.
Low supply of homes bullish for home prices
A low standing supply of homes for sale typically sets the stage for firmer home prices moving forward.
Franklin, MA currently enjoys a miniscule 3.3 months of supply of single family homes for sale, compared to 4.7 months of inventory last December.
The regional market surrounding Franklin also boasts a short supply of available single family homes this December, maintaining only 3.9 months of inventory.
The picture for the overall MA market also shows marked improvement over 2008: there is currently only a 5 month supply of single family homes for sale on the entire MA MLS, compared to 6.6 months in December 2008.
Real estate market strength unexpected by experts
In reviewing the November surge in MA home sales, Timothy M. Warren Jr, the CEO of the publisher of Banker & Tradesman, had this to say:
“The gain in home sales during the month of November isn't completely unexpected. There was a lot of financial turmoil last fall that led to a plunge in home sales in November 2008 and subsequent months, so we expected homes sales to climb a bit. However, the jump was even sharper that we thought it would be. We suspect that many buyers felt pressure to take advantage of the homebuyer tax credit before it was due to expire.”
Low interest rates are also helping spur housing demand, as I stressed in a recent post describing recent strength in the local housing market.
Copyright ©2009 02038.com
[post_title] => Massachusetts (MA) Home Sales Sky-Rocket
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[post_content] => A local family has just completed the complete overhaul of a home in Franklin, MA they now have listed with me for sale. They have truly done the Franklin community a great service in transforming what was a neglected, rundown property into a showcase ranch in a great downtown Franklin location.
Post card mailer versus YouTube video
I tried an interesting mix of traditional and cutting-edge marketing for this listing.
Here's the front of a "Just Listed" post card I snail-mailed to the neighborhood.
The post card uses an original photograph I took of the statue of Ben Franklin at the Franklin Town Library. The Library is just steps away from the home for sale.
This mailer pulled a lot of locals to the open house I held last Sunday.
But the YouTube video I created proved very effective because it enabled me to highlight the strengths of the home's superb location in town:
What a transformation!
The magnitude of the improvements to this home becomes apparent when you look at some "Before" and "After" photos:
It’s astonishing what these investors did with the property. My clients’ renovation work is high quality and the finished product is now a very stylish, modern home!
Investment opportunity?
My clients are seeking investors to participate in future rehab ventures.
So if you’ve been thinking of getting into real estate investing, but have held back because you didn’t know where to start or lack the background to undertake your own project right off the bat, you may want to contact me for more information.
The fit would have to be right, but you never know where that real estate investment opportunity inquiry might take you!
Copyright ©2009 02038.com
[post_title] => Beautiful renovation of a Franklin (MA) Massachusetts home
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[post_content] => Fewer homes sitting unsold on the market often signal better times ahead for real estate. So the ongoing absorption of single family home inventory in Massachusetts is good news for local homeowners.
Improvement in Franklin, MA home for sale inventory
The inventory of single family homes for sale in Franklin, MA dropped a whopping 25% in October (to a relatively scant 3.9 months of supply, down from 5.2 months back in October 2008). This again is good news as fewer homes sitting unsold on the market often precedes a rise in home prices.
An identical 25% inventory draw-down also took place this month in the regional market surrounding Franklin (to 5.7 months of supply from 7.6 months a year ago).
Significant inventory absorbed statewide
It was nearly as good news in the broadest measure of the MA real estate market.
For all of Massachusetts in October 2009, there was a 16.5% decline in the supply of single family homes listed for sale according to data maintained by MLSPIN, the MLS system serving the Commonwealth.
MLSPIN currently carries a 6.6 months’ supply of homes for sale throughout the state compared to the 7.9 months’ supply it carried last October. So things are looking up!
Copyright ©2009 02038.com
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[post_content] => 5 Secret Garden Lane in Franklin, MA offers superb value: a 2600 sq ft colonial built in 1999 on a 1.3 acre wooded lot in a serene cul-de-sac neighborhood.
Located in desirable north Franklin, the property is in the sought-after Helen Keller Elementary School and the Annie Sullivan Middle School districts and is close to a large shopping plaza in the adjacent town of Medway.
The home offers 4 bedrooms, 2.5 baths and over 2600 square feet of living area with hardwood and tile floors throughout.
Oversized cathedral-ceilinged great room opens to eat-in kitchen boasting solid counters with breakfast bar, stainless steel appliances, cooktop, and large pantry. Formal dining room, first floor office/study. You’ll love the separate first floor tile laundry with work counter and built-in storage!
Hardwood stairs lead to 4 ample bedrooms all with hardwood floors. Master bedroom features full bath and huge walk-in closet. Fourth bedroom enhanced by atrium ceiling.
Central air, hot water baseboard heat. Full basement, 2 car garage. Title 5 in hand! Large deck and patio overlook cleared rear yard and woods – you’ll enjoy great privacy with this home!
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Home for sale at 5 Secret Garden Ln, Franklin, MA
by Warren Reynolds on February 17, 2010
Massachusetts (MA) Home Sales Sky-Rocket
by Warren Reynolds on December 22, 2009
There was an early Christmas present delivered today for Massachusetts homeowners: an influential real estate trade publication reported that MA home sale volume jumped over 50 percent in November 2009 compared to year-ago levels. This is very bullish news for the MA housing market as we get ready for 2010. Home sales near boom levels [...]
Tagged as: Franklin MA Home For Sale
{ 0 comments }
Beautiful renovation of a Franklin (MA) Massachusetts home
by Warren Reynolds on October 21, 2009
A local family has just completed the complete overhaul of a home in Franklin, MA they now have listed with me for sale. They have truly done the Franklin community a great service in transforming what was a neglected, rundown property into a showcase ranch in a great downtown Franklin location. Post card mailer versus YouTube [...]
Tagged as: Franklin MA Home For Sale, Real Estate Investment
{ 0 comments }
Better real estate market ahead?
by Warren Reynolds on October 19, 2009
Fewer homes sitting unsold on the market often signal better times ahead for real estate. So the ongoing absorption of single family home inventory in Massachusetts is good news for local homeowners. Improvement in Franklin, MA home for sale inventory The inventory of single family homes for sale in Franklin, MA dropped a whopping 25% in [...]
Tagged as: Franklin MA Home For Sale
{ 0 comments }
