Tuesday, October 4, 2016

Quincy Real Estate is performing well.

A Hot market continues in Quincy.


The median home value in Quincy is $393,600. Quincy home values have gone up 4.9% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in Quincy is $319, which is higher than the Boston Metro average of $244. The median price of homes currently listed in Quincy is $415,000. The median rent price in Quincy is $1,750, which is lower than the Boston Metro median of $2,500.
Foreclosures will be a factor impacting home values in the next several years. In Quincy 1.6 homes are foreclosed (per 10,000). This is greater than the national value of 0.9
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Quincy is 0.0%, which is lower than the national value of 0.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Quincy homeowners underwater on their mortgage is 0.1%, which is higher than Boston Metro at 0.1.
( the above information is from Zillow.com)

Tuesday, July 19, 2016

The Best Quincy has to offer. 6 bed, 4 bath, Sqr Ft. 5333

Spectacular New Construction,10 room, 6 bed, 4 bath home on sought after Wollaston Hill. The current builder/owner spared no expense with superior build quality and amenities throughout. Built in 2007, this Contemporary Colonial makes an elegant statement as you approach with a low brick wall and black security gate. This spacious home has over 5300sf of living with high efficiency windows and zero maintenance exterior. The tiled roof is guaranteed for life.  As you enter this grand home you are greeted by a soaring foyer with chandelier and grand staircase. A brilliant layout with open design living integrates the custom well equipped gourmet kitchen and massive family room for the ultimate social setting. With hardwood floors on 3 levels and a finished attic and basement there is expansion potential for in laws. Equipped with security system, 2nd flr laund,.Home includes an active solar array electricity system for big $ savings. Bonus room over 2 car garage, Gym/Off.Call for showing.
Call Peter for privte showing 617-791-3622. petepras@hotmail.com



Wednesday, July 13, 2016

New to Market, 2-Family in E. Bridgewater,Ma.

Built in 1742, by Hugh Orr, this historically significant home is a showcase of early American life. With post and beam construction and wide pine flooring this home has the best of period living while still offering modern amenities. The property is a legal 2 family with revenue potential that is currently being lived in as a single family,  There are separate utilities and heating systems for both units. The conversion back to a 2 family is easy. With large rooms throughout and efficient thermal windows to allow natural sun lite in all rooms while being efficient. Third floor loft is open to second floor and exposed post and beams. Second floor deck overlooks expansive grounds and heated in-ground swimming pool. A free standing studio on the grounds has a hot tub and bar for entertaining. Mature plantings and beautiful flowers are in bloom.  Be the first to see this investor revenue opportunity, extended family or owner occupied setting.
 


Saturday, September 19, 2009

The Hamptons? Carolina Outer Banks? No.. Hull This morning.

Mack Daddy of a Beach House

Just a casual walk down the beach in hull today reveals just how special and underrated the town of Hull Massachusetts really is. The majestic beach homes along the shore are impressive to say the least. They cover about three miles on the ocean side and extend all around the peninsula.
Basics:
Hull is a small town of about 11K people and is a destination point in the summer with Nantasket beach and the relatively new Clarion Hotel. Considered a blue collar town that extends from more affluent communities like Hingham and Cohasset you would not know it from the value of the beach houses. Values range from $200k - $1MM. There is something for everyone.
Come visit Hull and tell them Petepras sent you.