Hadley home for sale featured in Yankee Magazine Reply

The cover of the September/October edition of Yankee Magazine.

The cover of the September/October edition of Yankee Magazine.

A Hadley home for sale at 43 East Street is featured in the upcoming September/October issue of Yankee Magazine. The article is four pages long, includes 15 photographs of the gardens and the home’s interior, some history about the owners and the town’s agricultural tradition, and gardening tips.

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Pioneer Valley single-family home sales and median home prices rose in July Reply

The Pioneer Valley real estate market continues to improve. Call Michael Seward at 413-531-7129 if you plan on buying or selling a home in the Pioneer Valley

The Pioneer Valley real estate market continues to improve. Call Michael Seward at 413-531-7129 if you plan on buying or selling a home in the Pioneer Valley

Pioneer Valley single-family home sales and single-family median prices were up in July, according to data released by the REALTOR® Association of Pioneer Valley (RAPV).  Sales increased 17.7% and median prices increased 8.9% when compared to the same period last year. More…

President Obama recognizes importance of home ownership, proposes reforms for sustainable mortgage market and housing affordability Reply

President Obama recently made a speech in Phoenix to present his goals for making home ownership more available to the middle class in the wake of the financial crisis.  It included a five step plan that would make home ownership easier, which was followed by four core principles upon which reforms to Fannie Mae and Freddie Mac should be based.  The president’s remarks were lauded by the National Association of REALTORS® as “mirroring” an outline they presented for reforming the secondary mortgage market. More…

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…

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…

Mortgage interest rates at 4.25% STILL below historical averages, making it STILL the time to buy or sell a Pioneer Valley home Reply

Mortgage interest rates for 30-year-fixed mortgages recently hit 4.25% as predicted earlier this year.   This is still a low rate that will not last forever, making now the time to buy or sell a home in the Pioneer Valley.  Although mortgage rates have risen, they are still low when compared to what they were just a few years ago.   Just prior to the mortgage crisis, the average interest rate for a 30-year-mortgage was 6.5%.

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