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Is Real Estate All About Location, Location, Location?

Greg Afarian — Fri, 25 Mar 2011 20:01:31 +0000

You always hear Real Estate Professionals talk about it all being about location when it comes to a great property. Recently, I feel as though that theory should be thrown out the door. Here is my reason. I have a listing which is in a phenomenal area. Its a big colonial, in its own subdivision set aside from all the hustle and bustle of drive through traffic. Its close to everything… Downtown, highways, shopping center, and schools. For that family looking for a nice place, it has a walking path to the Franklin Elementary School. (no need to worry about your kid falling subject to those horrible bus rides all over town) It boasts 4 bedrooms, 2 1/2 baths, a 24 x 20 fire-placed family room, living and dining room, large kitchen, finished basement and a heated gunite pool with whirlpool.

But, there is a catch…. The house needs some personal cosmetic touches. It’s not like anyone buys a home these days without expecting to do anything but move in right? But, according to this article from NAR and the Washington Post 87% of 1st time buyers want a move in ready place. The article continues to say that they could be losing out on great opportunities! http://www.realtor.org/RMODaily.nsf/pages/News2011030804?OpenDocument

I really think this is true. Out of all the people I have talked to looking to buy over the last few months, I would have to say at least 80% of them don’t want to fix up a place. What ever happened to sweat equity? I feel like our whole country has gotten lazy! No matter what you buy, there is always gonna be something you are going to want to do and make your own personal touches to make it feel like your own. In this houses case, if nothing needed to be done you would have to spend $600,000 to get into this neighborhood. I personally like the challenge and would rather build my equity than having to pay for it up front! Give me your thoughts… Come by my open house and let me know what you think…..

Open House Sunday 3/27 1:00pm to 3:00pm 156 Berkeley St. North Andover, MA 01845 Offered at $480,000

Open House Sunday from 1-3pm on 156 Berkeley St., North Andover, MA

Great Neighborhood! 156 Berkeley St., North Andover, MA 01845

Video Walkthrough

The Time to Buy is NOW! Real Estate in Andover & North Andover!

Greg Afarian — Sat, 19 Feb 2011 00:21:53 +0000

The time to buy is now! Before rates go up and inflation becomes an issue, buyers should seriously think about the opportunity to lock into a low rate which are at historic lows before they go up. A .50% to 1.0% rate increase could mean that now you don’t qualify for as much house. It would also mean that your payment would go up by a few hundred dollars and that’s never fun! Its a buyers market so as the weather starts getting nicer around here we are sure to see more properties go under agreement as smart buyers will be sure not to miss out on this advantage.

Please let me know if you have any questions on this property or any other in the area… I would love to show you why I’m the person you need to use the next time you buy or sell!

OPEN HOUSE: Sunday, February 20th – 1 PM – 3 PM

Come to my open house Sunday February 20th from 1pm to 3pm located at 156 Berkeley St. North Andover, MA 01845 to have an opportunity to make some immediate equity and to get into a nice neighborhood at a reasonable price! The price was just recently reduced! Located in one of No. Andover’s most desirable neighborhoods with walking path to Franklin School. This large colonial boast an enormous fireplaced family room, large eat-in kitchen, living room , formal dining room with wainscoting. 4 bedrooms located on the 2nd floor, Master w/ full bath. Other features include heated gunite pool w/ hot tub, security system, in ground sprinkler system, 5 year old roof. Bonus 3/4 finished basement w/ an additional full bath with in-law potential. Offered at $480,000.

Open House Sunday from 1-3pm on 156 Berkeley St., North Andover, MA

Great Neighborhood! 156 Berkeley St., North Andover, MA 01845

Video Walkthrough

The Worst Time to Sell is the BEST Time to Buy!

Greg Afarian — Fri, 28 Jan 2011 20:10:00 +0000

Winters in New England are brutal! Boston has already gotten more that 50 inches of snow for the month of January and that isn’t even a record! But, when it comes to Real Estate it seems that alot of buyers forget that the best time to buy is the worst time to sell.

OPEN HOUSE: Sunday, February 13th – 1 PM – 3 PM

Come to my open house Sunday February 13th from 1pm to 3pm located at 156 Berkeley St. North Andover, MA 01845 to have an opportunity to make some immediate equity and to get into a nice neighborhood at a reasonable price! The price was just recently reduced! Located in one of No. Andover’s most desirable neighborhoods with walking path to Franklin School. This large colonial boast an enormous fireplaced family room, large eat-in kitchen, living room , formal dining room with wainscoting. 4 bedrooms located on the 2nd floor, Master w/ full bath. Other features include heated gunite pool w/ hot tub, security system, in ground sprinkler system, 5 year old roof. Bonus 3/4 finished basement w/ an additional full bath with in-law potential. Offered at $480,000.

Open House Sunday from 1-3pm on 156 Berkeley St., North Andover, MA

Great Neighborhood! 156 Berkeley St., North Andover, MA 01845

Video Walkthrough

Virtual Media Realty, Andover Real Estate Company, goes Mobile

Robert Masse — Sun, 11 Jul 2010 14:10:39 +0000

: Image via CrunchBase

Every want to keep up with all the great Real Estate news, on the fly, on your phone? Well now you can! Virtual Media Realty, your Andover Real Estate Company, has gone mobile. We have enabled this site to be viewed on any Mobile Phone (iPhone, Android, or other Smart Phone), or PDA that has internet access. Its formated for the screen so that it loads fast, and is easily readable.

Just give it a shot and let us know what you think. Aim your mobile browser to http://www.virtualmediarealty.com and take it for a spin. Please let us know what you think as we continue to offer unique abilities that no other real estate company offers anywhere else…guaranteed!

Stocks Stabilize Last Week, as Worries in the Gulf Continue

Greg Afarian — Mon, 21 Jun 2010 20:58:16 +0000

Greg Afarian’s Market Report week of June 14 to the 18th. The Dow was up 250 points this week which saw some stability coming back in to the market. May Producer Price Index down .3% the Core Rate which excludes food / energy was up .2%

May Housing Starts (when construction actually begins) down 10% May Building Permits (when the initial permit is filed) down 5.9% Gold hits an All Time high of $1,265 an ounce and Oil is at $77.21 a barrel

Home Buyer Tax Credit closing date could be extended till September 30th. Fannie Mae and Freddie Mac are going to be delisted from the DOW.

30 Year Fixed Rates at 4.82% and the 15 Year Fixed Rate is at 4.23%

Jobless Rates figures State by State saw 25 States that are below the National Unemployment Rate of 9.7%
Highest Unemployment Rates are Nevada 14%, Michigan 13.6%, California 12.4%, Rhode Island 12.3%
Lowest Unemployment Rates are North Dakota 3.6%, South Dakota 4.6%, Nebraska 4.9%