Hampden County year-end home sales figures by town at a glance Reply

See how sales of single-family homes fared in your Franklin County town below.  Using data from MLS PIN, I included the total number of sales for each town in Franklin County in 2011 and 2012.  Also included is he average price per foot of living space and the average days on market.  This data is for information purposes only.  It should not be used to price your home.  If you would like to know what homes comparable to yours are selling for, call me at 413-531-7129 or email me at michael.seward@comcast.net. More…

Lawsuits against big banks threaten recovery, demonstrate wisdom of using local banks Reply

The wisdom of seeking out and utilizing local banks when buying a home continues to be confirmed by news reports as larger banks continue to struggle with the consequences of their own destructive business practices. The bottom line: lawsuits against the big banks could cost them $300 billion, which would weaken their ability to lend and subsequently threaten the recovery of the real estate market. More…

Estate planning is essential to preventing your survivors from being foreclosed upon Reply

A recent New York Times article highlighted what could be a potential issue for married couples if tragedy strikes.

According to the Times article, widows over the age of 50 whose husbands were the sole name on the mortgage are losing their homes to foreclosure because they can’t afford the loan anymore More…

Mortgage interest rates to remain low, but proposed lending rules too restrictive Reply

A combination of the stagnant state of the economy and the European debt crisis will keep mortgage interest rates low through 2013, according to a recent news article.  According to Freddie Mac, as of the end of August, the mortgage rates for a 30-year fixed-rate mortgage (FRM) averaged 3.59% with an average of .6 points. In August 2011, the interest rate for a 30 year FRM was 4.22% with an average of .7 points. More…

Western Mass Attractions: Quabbin Reservoir Reply

The Quabbin Reservoir is the largest body of water in the Commonwealth. Its construction in the 1930’s displaced families and erased the towns of Dana, Prescott, Greenwich, and Enfield from the map. Every year on Memorial Day weekend, area towns gather at Quabbin Park Cemetery to remember those that paid the ultimate sacrifice from the four communities lost to the Quabbin. More…

How an energy audit is beneficial when selling or buying a home Reply

Michael Seward is a member of the National Association of REALTORS Green Resource Council and has earned the their Green designation. Call Michael Seward at 413-531-7129 if you plan on selling or buying a “green” home.

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