Russell Hulteen - Coldwell Banker Residential Brokerage



Posted by Russell Hulteen on 8/31/2016

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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Posted by Russell Hulteen on 7/8/2016

33 Nelson Street, Winchester

Wonderful single family home for rent! Located in nice quiet neighborhood right across the street from acclaimed Winchester High School. House is de-leaded! Walking distance to downtown Winchester and the train. Recently updated kitchen and baths. Granite counters and stainless steel appliances. New windows and gas heating makes for energy efficient living. Second story washer/dryer. Beautiful fenced backyard with patio, perfect for summertime dinners with family and friends! Disclosure: 3rd bedroom is 1st floor dining room w/out closet. Room can be used for either purpose. Home available August 1st. Easy to show. Come see this great house today!

$2,600/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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Posted by Russell Hulteen on 6/29/2016

http://photos2.zillowstatic.com/p_h/ISd4wnzmqj19ou0000000000.jpg

39 Paddock Lane, North Andover, MA - $680,000

This 5 bedroom 3.5 bath Colonial was sold by Russell Hulteen – Coldwell Banker Residential & Commercial Brokerage.

Click here for more details on 39 Paddock Lane, 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




Tags: Real Estate   sold   North Andover  
Categories: Uncategorized  


Posted by Russell Hulteen on 6/28/2016

http://img5.cache.netease.com/ent/2016/5/31/20160531135006d48d2_550.jpg BREXIT!! The lazy days of summer may be approaching, but the real estate industry is busier than ever. According to the National Association of Realtors (NAR), existing home sales are up 6.0 percent in April when compared to the same month last year and that's despite inventory shortages and faster price growth. With the spring rush still rushing, real estate sales professionals have worked overtime with homes going under agreement in a matter of days, and deals entering into serious bidding wars. Essentially, the real estate market is hot. To the surprise of many, the United Kingdom has achieved their Independence Day! The immediate repercussions of the Brexit vote are harsh and reverberating throughout the global economy, causing worldwide stocks to sink and even more European politicians to call for their own national referendums. Amid the turbulence, a small unexpected benefit for the U.S. housing market has emerged; At least for the short term, U.S. mortgage rates are being pushed lower as foreign investors, running out of options, try to find any safe place to for their money. According to Erin Lantz, vice president of mortgages at Zillow, "When we see that demand, that in turn drives down the mortgage rates that consumers in the U.S. have access to. What it means is that if you're a homebuyer looking at a $200,000 home and putting 20% down, you average savings today is about $15 per month less than they would have been yesterday. It's anyone's guess where mortgage rates go from here, but the increased uncertainty we have today is going to keep rates lower for longer." For homebuyers who still haven't found their dream home during the spring crush, the time is still ripe for those who want to purchase a home. While rumors of rising interest rates are prevalent, they are still holding at all-time record lows providing homebuyers an opportunity to get in the market. It has been speculated by industry watchers that interest rates will inch upwards as the economy continues to slowly grow strength. Even the slightest bump in interest rates however can price a buyer out of their dream home. The key message here is don't wait, or you could miss your opportunity. Inventory still remains tight in most areas ensuring that we'll most likely continue to experience a seller's market throughout the summer months. According to NAR, total housing inventory is at a 4.7-month supply at the current sales pace. A six month supply is considered a balanced market. Home sellers who missed the early spring rush won't be making a mistake by 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 summer ends. Home prices are also rising with the temperatures. NAR states that the median existing-home price for all housing types in April was up 6.3 percent from April 2015. April's price increase marks the 50th consecutive month of year-over-year gains. To see how hot your market is, look to the statistics here, or contact me. I can provide you with the exact details for the communities that interest you most. Call now before it gets too hot to handle! Find Your County/Zip Below to See Your Market Report. Want a hyper-local, up-to-the-minute report for your neighborhood or town? Just Call and Ask – it’s free!   617-901-6004 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





Posted by Russell Hulteen on 6/27/2016

105 Passaconaway Drive, Dracut, MA - $240,000

This 3 Bedroom Cape-style home was sold by Russell Hulteen – Coldwell Banker Residential & Commercial Brokerage.

Click here for more details on 105 Passaconaway Drive, 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




Tags: Real Estate   Single-Family   sold   Dracut  
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