267 Forest Street, Arlington MA

One of a Kind Arlington Home For Sale! Beautiful dutch colonial loaded with detail and character. Those seeking a break from the standard formula while retaining open concept flexibility have found the perfect combo. Set back and above the street, thoughtful window placement fills house with natural light. Main floor master suite features cathedral style ceiling and full bath. A second master bedroom on the top floor gets panoramic sunset views. Prime location 6 miles from Boston, a half-mile from the Minuteman Bikeway and 90 feet from the nearest Forest Street bus stop. Private backyard is a gardeners paradise. Easy to show, this house is a must-see in person. Open houses Saturday 2-4pm and Sunday 12-2pm. Offers due Tuesday 5pm.

List price 738,000

Floor Plan

For photos and complete details click here.

 

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Your “Boston to the Burbs” Expert

Contact: 617.901.6004 | Russell@RussellHulteen.com

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PRICES RISE AHEAD OF TEMPERATURES

While it might not feel like Spring is near in Massachusetts, ask any busy Realtor and they’ll tell you different.  In its most recent quarterly report, the National Association of REALTORS® (NAR) revealed that sales prices in over half of the markets measured since 2005 are now at or above their previous peak level. The median price for an existing single-family home during the last three months of 2016 increased in 89 percent of the markets tracked, with 158 out of 178 metropolitan statistical areas showing sales price increases in the fourth quarter of 2016 compared with the fourth quarter of 2015.

In all of 2016, an average of 87 percent of the markets NAR studied saw increasing home prices, which is up from the averages in 2015 and 2014.

NAR Chief Economist Lawrence Yun noted that depressed inventory of new and existing homes led to “several of the largest metro areas seeing near or above double-digit appreciation, which has pushed home values to record highs in a slight majority of markets.”

If you are considering purchasing or selling a home, here are few points you may want to keep in mind throughout the process.

Don’t assume that daily news reports about real estate will determine your level of success with your own real estate goals. National data can provide an overall temperature of the market; however, your success will be based on your particular marketplace and other more subjective factors relating specifically to the property could impact the result. For example, the data available here such as how many homes are on the market in your price point? How many days were they on the market? There is a significant amount of information to collect and analyze.

Don’t speculate or attempt to try to time the market. By the time you think you should make a move, the market may have already changed.

You have access to experts that can help you. There are so many variables that can determine your success, and I can provide you with advice to help guide you through the process. There is data readily available at any given moment, and I can help you evaluate the data so you can determine what actions to take.

To learn more about how local and national statistics can impact your overall goals, call me today and visit my web page on www.RussellHulteen.com. Whether your market is hot, not, or rising, I can provide guidance and advise you on what you need to know.

 

Market Reports (PDF):
Massachusetts
Boston – 02113-North End | Boston – 02115-Fenway | Boston – 02116-Back Back | Boston – 02118-South End | Boston – 02130-Jamaica Plain | Boston – 02210-Seaport | Boston – 02114-Beacon Hill 02108 | Boston – 02108 | Boston – 02129-Charlestown | Barnstable Bristol | Essex | Franklin | Hampden | Hampshire | Middlesex | Norfolk | Plymouth | Suffolk Worcester
Maine
Androscoggin | Cumberland | Kennebec | Lincoln | Sagadahoc | York
New Hampshire
Belknap | Carroll | Hillsborough | Merrimack | Rockingham | Strafford
Rhode Island
Bristol | Kent | Newport | Providence | Washington

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

 

4 Park Ave. Winchester

Bright and spacious 2 bedroom 1 bath unit with office. Located on quiet side street less than a mile to Boston Commuter Rail. Gas heat. Beautiful hardwood floors. Small pets are allowed. Large basement area for storage. Spring is around the corner; claim this opportunity to live in Winchester before the warm-weather rush!

$2,200 / Month

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

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73 Chester St. Winchester

Single-family house for rent in Winchester! 3 bedroom 1.5 bath. Wonderful neighborhood setting in short walking distance to Muraco School. Certified lead paint compliant! Efficient, newer gas heating system. Hardwood floors. Finished basement downstairs. Off-street parking for 2 cars. Pets negotiable! Just 1 mile from train station into Boston. Perfect off-season opportunity to get into one of Boston’s most sought after suburban communities!

$2,700 / Month

For photos and complete details, click here!

 

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

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THE SPRING SEASON STARTS NOW!

Spring is just around the corner, so whether you’re thinking of putting your home on the market or planning to buy a home, right now is really the prime time to get started.

Not sure where to begin? With the internet and websites like www.RussellHulteen.com, of course, you can explore numerous articles about home buying and selling. You can research communities and discover what kind of home may be best for you. You can also contact me and I can help you get started on the immediate tasks at hand.

For home sellers in particular, there is much to prepare for and I can help you prioritize and put a successful plan in place. A strategic sales and marketing plan is essential to engage active buyers. That plan should include an effective pricing strategy, home presentation suggestions, and a comprehensive approach to online marketing.

I will provide you with a competitive market analysis that includes a review of current inventory, recent comparable sales prices and other data to advise you. You can also look to the data here to review current market conditions in your area. In addition, I can guide you on how to prepare your home for maximum appeal and ensure your property is featured on the leading real estate websites and portals in the industry.

There is plenty for homebuyers to do as well. Obtaining financing will be a major priority. With limited inventory on the market, those who come to the negotiating table pre-approved and ready to make an offer, will have stronger bargaining power.

I can walk you step-by-step through the home buying process, and help you identify homes for sale and in the right price range. I can also help you research the markets you are interested in, negotiate the asking price, assist with writing contracts and guide you throughout the closing process.

I greatly look forward to the spring selling season and ensuring that all of my clients have an effective plan in place to achieve their real estate goals. If you’re thinking about buying or selling a home, now is the time to contact me.

 

Market Reports (PDF):
Massachusetts
Boston – 02113-North End | Boston – 02115-Fenway | Boston – 02116-Back Back | Boston – 02118-South End | Boston – 02130-Jamaica Plain | Boston – 02210-Seaport | Boston – 02114-Beacon Hill 02108 | Boston – 02108 | Boston – 02129-Charlestown | Barnstable Bristol | Essex | Franklin | Hampden | Hampshire | Middlesex | Norfolk | Plymouth | Suffolk Worcester
Maine
Androscoggin | Cumberland | Kennebec | Lincoln | Sagadahoc | York
New Hampshire
Belknap | Carroll | Hillsborough | Merrimack | Rockingham | Strafford
Rhode Island
Bristol | Kent | Newport | Providence | Washington

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

 

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EXCITEMENT CONTINUES IN NEW YEAR

Happy New Year! We in the Real Estate industry are very happy to ring-in 2017. Many Real Estate industry watchers and economists agree that the Real Estate market continues to be a bright spot in the economy.

While the results are still coming in, according to the National Association of Realtors® (NAR), existing sales are still expected to close out 2016 at a pace of around 5.42 million, which is an increase over 2015 (5.25 million) and will be the highest since 2006 (6.48 million).

One question is still at the forefront of many minds. Will the housing market continue to improve in 2017? It’s not easy to predict what the market will do in the coming year. However, Realtor.com Chief Economist Jonathan Smoke recognized Boston as the third strongest market in the country in 2017, and predicted 6.1 percent price growth and 6.3 sales growth this year. NAR forecasts that national sales are expected to grow roughly 2 percent.  Additionally, there are some key indicators to follow, and while the recent uptick in mortgage rates and low inventory levels have been challenging, the overall industry indicators are positive.

Most agree that growth in the housing market is largely based on the stability of the job market. As reported by The New York Times, the U.S. Labor Department has determined that the U.S. labor market is healthy. In fact, as reported for the week ending on Dec. 24, the Labor Department said it was the 95th straight week that claims were below 300,000, the longest stretch since 1970.

For buyers, the message is clear. If you want to own a home, you should act now. Mortgage rates have risen, rents are increasing, and home prices are gaining momentum. NAR forecasts that the national median existing-home price is expected to increase around 4 percent in 2017. If you are thinking of purchasing a home, it’s important to start your research right now.

For home sellers, the time to sell could be in your favor as well. With lower levels of inventory, you face less competition. With prices steadily rising, you may find yourself in a position to take advantage of increasing equity.

If you are thinking of buying or selling a home, it’s important to discuss these factors now so please feel free to contact me. I can explain how pending sales, mortgage rates and inventory levels will impact your home buying or selling goals.

I look forward to welcoming in the New Year and assisting you with all of your real estate needs in 2017 and beyond. Happy New Year!

Market Reports:
Massachusetts
Boston – 02113-North End | Boston – 02115-Fenway | Boston – 02116-Back Back | Boston – 02118-South End | Boston – 02130-Jamaica Plain | Boston – 02210-Seaport | Boston – 02114-Beacon Hill 02108 | Boston – 02108 | Boston – 02129-Charlestown | Barnstable Bristol | Essex | Franklin | Hampden | Hampshire | Middlesex | Norfolk | Plymouth | Suffolk Worcester
Maine
Androscoggin | Cumberland | Kennebec | Lincoln | Sagadahoc | York
New Hampshire
Belknap | Carroll | Hillsborough | Merrimack | Rockingham | Strafford
Rhode Island
Bristol | Kent | Newport | Providence | Washington

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

 

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4 Summit Dr. unit 312, Reading, MA – $260,000

This 2 bedroom 2 bath condo unit with garage parking in Reading was sold by Russell Hulteen – Coldwell Banker Residential and Commercial Brokerage. Representing his buyers, he negotiated a final sale $10,000 under the asking price!

Click here for more details on 4 Summit Dr. unit 312,  or to browse other properties for sale, go to www.RussellHulteen.com

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

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PUT MY HOME ON THE MARKET NOW? BUT IT’S AUGUST!
Most sellers think that spring is the prime season to put their home on the market. While spring does have a reputation for being the peak time to showcase a home and visit as many open houses as possible, in this market, any time is really the right time.
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Yes, it’s hot outside, but so is the current real estate market. There are buyers scrambling to make it into their dream home before the full swing of fall. Real estate sales have been incredibly robust. According to the National Association of Realtors® (NAR), existing home sales increased for the fourth consecutive month in June, 3 percent higher when compared to last June and remain at their highest annual pace since February 2007.
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NAR attributes this growth in home sales to a boon of first-time buyers not seen in nearly four years, attracted by lower interest rates and newer inventory, and driven by sustained job growth. Sellers are benefitting right now from this powerful demand for housing. According to NAR, 48 percent of the homes that sold in June were on the market for less than a month.
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Although there is still a need for housing inventory, seller confidence appears to be on the rise. As reported by NAR, a recent survey reported that 52 percent of American homeowners say now is a good time to sell a home in their neighborhood, up from 34 percent in 2015!
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How hot is your housing market this summer? See local statistics here, or contact me. I can present to you a clear picture of the market in communities that interest you the most. Don’t let the opportunity to get a jump on the Fall Market slip away! Call today!
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Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

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131 Franklin St. Unit 102, Stoneham, MA – $242,000

This 2 bedroom 2 bath condo unit was sold by Russell Hulteen – Coldwell Banker Residential & Commercial Brokerage.

Click here for more details on 131 Franklin St. Unit 102,  or to browse other properties for sale, go to www.RussellHulteen.com

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

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HOMEBUYERS & SELLERS FEELING THE HEAT THIS SUMMER

Spring has always been traditionally known as the busiest season of the real estate market. However, it’s a hot summer and the real estate industry is busier than ever right now. While the National Association of Realtors® (NAR) reported that pending home sales slowed in May and declined year-over-year for the first time in almost two years, it wasn’t for lack of buyer interest.

Buyer demand held very firm this spring and real estate sales professionals worked overtime with homes that went under agreement in a matter of days, and deals that entered into serious bidding wars. Lawrence Yun, NAR chief economist said in a recent release, “Realtors are acknowledging with increasing frequency lately that buyers continue to be frustrated by the tense competition and lack of affordable homes for sale in their market.”

Home prices continue on an upward trend as well. Yun added, “There are simply not enough homes coming onto the market to catch up with demand and to keep prices more in line with inflation and wage growth.”

The uptick in demand this spring pushed the median sales price to an all-time high due to the lagging supply of homes for sale. According to NAR, the average sales price in May surpassed the peak median sales price set last June. The median existing-home price for all housing types in May was up 4.7 percent from May 2015 which marks the 51st consecutive month of year-over-year gains. Unsold inventory is at a 4.7-month supply at the current sales pace. Six months of inventory is considered a balanced market.

Home sellers who missed the early spring rush won’t be making a mistake putting their home on the market now. New home buyers are still anxious to take advantage of lower interest rates and move into their new home before school starts in September. Look to the information here to review the inventory trends in your area.

For potential home sellers concerned about lack of equity or opportunity, call me. I will run the numbers for you. With activity like this, you should already be packing your bags to move.

For more information about real estate trends in your community, please contact me today.

Find Your County/Zip Below to See Your Market Report.
Massachusetts
Boston – 02113-North End | Boston – 02115-Fenway | Boston – 02116-Back Back | Boston – 02118-South End | Boston – 02130-Jamaica Plain | Boston – 02210-Seaport | Boston – 02114-Beacon Hill 02108 | Boston – 02108 | Boston – 02129-Charlestown | Barnstable Bristol | Essex | Franklin | Hampden | Hampshire | Middlesex | Norfolk | Plymouth | Suffolk Worcester
Maine
Androscoggin | Cumberland | Kennebec | Lincoln | Sagadahoc | York
New Hampshire
Belknap | Carroll | Hillsborough | Merrimack | Rockingham | Strafford
Rhode Island
Bristol | Kent | Newport | Providence | Washington

Your “Boston to the Burbs” Expert

For advice in Real Estate or a free estimate of your property’s value, call or email today!

Contact: 617.901.6004 | Russell@RussellHulteen.com

 
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