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Choosing among multiple bids

Posted by Leslie Mann on Tue, Jul 2, 2013 @ 09:36 PM

This weekend I accompanied a client to an open house in Hopkinton that was clearly going to result in multiple offers on the home. The home was in a great location and in a desirable neighborhood. The home was abuzz with activity, and there were a handful of potential buyers out in the yard, deep in conversation with their buyer’s agents discussing bidding strategies. It’s a great situation for the home seller. But once the flurry is over, how do they pick from among all these offers? And how to they know which offer will be most likely to go through?

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Topics: Boston real estate, Boston realtor, Hopkinton MA homes for sale, Hopkinton real estate, Hopkinton realtor, Boston homes for sale

How's the Metrowest real estate market faring this winter?

Posted by Leslie Mann on Fri, Mar 8, 2013 @ 10:28 AM

I’m happy to report that Massachusetts home prices and sales are continuing an upward trend. According to the Warren Group, single-family home sales across Massachusetts jumped 10 percent in January, compared to January 2012. It was the best January for the local real estate market since 2007. In a recent news release, Timothy M. Warren Jr., CEO of The Warren Group, noted that "recent pending sales data are a hopeful sign for a strong spring market.”

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Topics: Boston metrowest real estate, Weston real estate, Hopkinton real estate, Sherborn real estate, Weston luxury homes for sale

How to prepare for a home appraisal

Posted by Leslie Mann on Wed, Jan 16, 2013 @ 07:00 PM

You accepted an offer on your home weeks ago and are immersed in packing when your listing agent calls to say she’s meeting the appraiser at your house. So how do you prepare for this important visit? After all, the appraiser’s opinion will have a major impact on whether the buyer’s loan will get approved.

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Topics: Hopkinton real estate, home appraisal

Real estate trends to watch in 2013

Posted by Leslie Mann on Sat, Dec 15, 2012 @ 09:58 AM

As we look forward to 2013, I thought I’d share seven real estate trends that are worth keeping an eye on.

1. People are staying in their homes longer. Just five years ago, people moved an average of every six years. Today families stay in their homes for an average of nine years, according to the National Association of Realtors’ (NAR) Profile of Home Buyers & Sellers Report. Therefore, they want to know that the home they pick now will work for their family’s needs for many years to come. That’s why flexible living spaces such as bonus rooms, home studios, and in-law suites are particularly appealing.

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Topics: luxury real estate, 2013 real estate trends, Hopkinton real estate, metrowest real estate