Wellesley

Sept. 11, 2022

Market Update: Week of 9/5/22

My husband Jeff is a huge F1 racing fan and each Friday morning his phone is tuned to the qualifying race in some far away land in order to see what position the teams get for the start of the competition the following day. That's how I feel about ...

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Aug. 25, 2022

Market Update: Week of 8/22/22

Last Monday after the blog was released, my day was spent navigating two bidding wars for different clients. One was for my listing, a fabulous condo in Wellesley and the second for a buyer in Weston who had set their sights on a lovely Cape-style home. There were a handful of bidders in ...

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Aug. 21, 2022

Market Update: Week of 8/15/2022

   When we head to Cape Cod to see my parents in the summer months, we play a game, "how many boats can you see from the bridge?" The person whose guess is closest to the number of boats on either side wins! The last few weeks my kids and ...

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Aug. 12, 2022

Market Update: Week of 8/8/22

I had a closing this week with Michael Harper of MGS Group, and we're excited to share the numbers with you! 5 Erwin Road is a one-of-a-kind waterfront home in Wayland that delivered some impressive statistics.

 

  • List Price: $4,975,000
  • Sales Price: $4,825,000
  • Sold ...
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July 29, 2022

Market Update: Week of 7/25/22

I am writing this week's blog from stunning Nantucket while vacationing with my family! We are all so lucky to have this beautiful island in our backyard and just a boat ride away. As I see it, there are many sides to Nantucket - the incredible raw landscape that ...

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July 23, 2022

Market Update: Week of 7/18/22

One analyst calls it a "freeze", others say that buyers are "pausing", and some call it "normalizing." Just like there was constant chatter about the hottest real estate market on record over the last two years, a lot of attention is being given to its potential decline. Let's ...

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July 15, 2022

Market Update: Week of 7/11/22

This week it was revealed that inflation tied to the cost of consumer goods in the US rose 9.1% in June year-over-year, according to the Bureau of Labor Statistics. Yes, that's a lot and a large amount of data used to calculate this number are housing costs and ...

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June 10, 2022

Market Update: Week of 6/6/2022

We've noticed a pattern with buyers lately that I wanted to share with you this week. At MGS Group we call it "non-buyer's remorse," and we've been seeing it quite often. I have also recently become a victim of this syndrome over a multi-family property in North ...

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May 28, 2022

Market Update: Week of 5/23/22

Here are some talking points at this weekend's BBQ for you!

National statistics show the start of a slow down. The CEO of Redfin said this week on CNBC, "Rates are probably six percent, inventories are increasing, sales volume will be somewhat fine, but prices are going to soften ...

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May 21, 2022

Market Update: Week of 5/16/22

While out shopping last week I spotted a man in a T-shirt that said “Resilience 2020.” I was so struck by the shirt. The definition of resilience is to be “able to withstand or recover quickly from difficult conditions”, and we have needed this trait so much in the ...

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