Monson Home for Sale: 41 Reimers Road (Slideshow and Video) Reply

41 Reimers Road, Monson (Scroll down for slideshow and narrated video tour)

41 Reimers Road, Monson (Scroll down for slideshow and narrated video tour)

Located a few minutes away from Monson’s town center and the Mass Pike, 41 Reimers Road is a four bedroom colonial situated on .94 acres and boasts nearly 3,000 square feet, updated kitchen and bathrooms two-zone heating and air conditioning, a newer septic system, a central vacuum system, and a fresh coat of paint to the exterior. What’s more, most of the furniture in this home is negotiable. More…

Analysis finds home prices not affected by Palmer casino Reply

Artist rendering of Mohegan Sun's proposed casino in Palmer.

Artist rendering of Mohegan Sun’s proposed casino in Palmer.

A consultant for Mohegan Sun recently released a socioeconomic analysis for their proposed casino in Palmer, which would be located across the street from the Mass Pike’s Exit 8, which states that it would not have a significant impact on the regional housing market and property.   These findings differ from a recent study that found that property values around the casinos in Springfield and West Springfield would decrease. More…

Median home prices rise throughout the Pioneer Valley, sales dip due to low inventory Reply

Call Michael Seward at 413-531-7129. Less that 4% of REALTORS hold the CRS designation.

Call Michael Seward at 413-531-7129. Less that 4% of REALTORS hold the CRS designation.

Single-family home sales dipped 4.5% as median home prices rose 8.1% in the Pioneer Valley in June when compared to the same period last year, according to data cited by the REALTOR® Association of Pioneer Valley (RAPV).    Mortgage interest rates spiked during the month of June―from 3.81% at the end of May to 4.46% by the end of June― according to FreddieMac.com. More…

Locking in a mortgage rate important when they are on the rise Reply

Mortgage rates have been rising pretty steadily over the last few months, so it is important that lenders lock in their customers’ rate. Although a difference of .5 percent may not seem like a lot, it is a big difference when it comes to a mortgage payment.  Locking in an interest rate keeps it at where it was at that time of your initial mortgage application, even if it rises by the closing date.  This will save you money. More…

A rural area casino a better bet for Pioneer Valley home values, reports find Reply

The REALTOR® Association of Pioneer Valley (RAPV) recently released a research paper put together by the National Association of REALTORs® (NAR) that concluded that there would likely be a decrease in home values if a casino came to the Springfield/West Springfield Area.  NAR’s conclusions were based on an analysis of studies performed by others, but other researchers have found that casinos in rural settings have increased home values. More…

As student loan interest rates double and threaten the Pioneer Valley real estate market, Senator Elizabeth Warren thinks outside the box Reply

Senator Elizabeth Warren (public domain photo).

Senator Elizabeth Warren (public domain photo).

Congress’ failure to prevent the doubling of student loan interest rates―from 3.4% to 6.8%―took effect on July 1 adds another challenge to the recovery of the real estate market if they don’t do something about it soon.  Republicans and Democrats both have plans to keep the rates low, but Massachusetts Senator Elizabeth Warren is thinking outside the box. More…