The Best Advice for First-Time Home Buyers

REaltyTimes.com, August 28th, 2014
Before you start seriously shopping for a home, there’s some groundwork you should do to put yourself in the best position to buy a home.
Full Story: http://realtytimes.com/rtpages/20140828-The-Best-Advice-For-First-time-Home-Buyers.htm

Follow Len and Leslie Marma of Success! Real Estate on their facebook business page, “Marshfield Matters” ….. click LIKE to receive real estate info and what’s happening in Marshfield.  

Posted in Financing, Home Buying, Homeownership, Market Conditions, Mortgage | Tagged , , , , | Leave a comment

Immigration& Its Impact on the Housing Market

 

Posted: 28 Aug 2014 KCM Crew

Immigration and Its Impact on the Housing Market | Keeping Current Matters

Today we are pleased to have the VP of Spanish KCM, Jeymy Gonzalez, as our guest blogger. Jeymy has personal experience with the challenges Hispanics may face during the real estate process and works to assist this community with guidance and education. Enjoy! – The KCM Crew

There are many hot topics right now and immigration is definitely one of them. Whether we agree or disagree on what is going on at this moment, the history of immigration starting around 1600 shows us the United States has been a country that always received immigrants. Several organizations have done research on the impact immigrants can have on housing demand. Let’s look at some of those results:

Research done by the National Association of Home Builders (NAHB) in 2012 states:

Assuming net immigration of 1.2 million (the low end Census Bureau projection for 2010) persists for 10 years, the model estimates that after 10 years new immigrants will:

  • account for close to 3.4 million US households
  • occupy more than 2 million multifamily units and more than 1.2 million single family homes
  • account for more than 900 thousand homeowners”

The Research Institute for Housing America also projects “that from 2010 to 2020 immigrants will count for over one-third of the growth of homeowners and over one-quarter of the growth in renter households.”

Need for Continued Research

In this month’s edition of Fannie Mae’s Housing Insights, they source the American Community Survey in stating that there were 18.8 million immigrant renters in the country in 2012. Fannie Mae goes on to say that these numbers represent “a large reservoir of potential future homeownership demand”. They conclude with:

“Continued study of how these and future immigrants advance into homeownership as they reside longer in the U.S. may provide valuable insights into future prospects for the country’s housing market.”

A More Localized Look at the Impact

For those looking for local data, a research study performed by AS/COA and Partnership for a New American Economy, provides an interactive map showing “the net change in a county’s immigrant population from 2000 to 2010 and the corresponding effect on median home values.”

Bottom Line

If we look at the conclusions made by multiple sources, we see that they agree that immigrants will revitalize less desirable neighborhoods and support the housing market.

Each group is seeking greater economic opportunities just like the immigrants in past decades that came to United States. The question is: are we prepared to help them with their real estate needs? 

Posted in Financing, Home Buying, Home Selling, Homeownership, Market Conditions | Tagged , , , , , , , | Leave a comment

Choosing Hardwoods for Floors

RealtyTimes.com, August 27th, 2014
Today, many homeowners prefer hardwoods to carpet. Hardwoods help give the impression that your home is well-built with quality materials. Hardwoods are easy to maintain and improve with wear, unlike carpet that eventually needs to be replaced.
Full Story: http://realtytimes.com/rtpages/20140827-Choosing-Hardwoods-For-Floors.htm

Follow Len and Leslie Marma of Success! Real Estate on their facebook business page, “Marshfield Matters” …… click LIKE to receive real estate info and what’s happening in Marshfield.  

Posted in Design & Remodel, Homeownership | Tagged , , , , , | Leave a comment

NAR’s Existing Home Sales Report

Posted: 29 Aug 2014 KCM Crew

NAR's Existing Home Sales Report [INFOGRAPHIC] | Keeping Current Matters 

 

Posted in Home Buying, Home Selling, Homeownership, Market Conditions | Tagged , , , , , | Leave a comment

Marshfield Farmers’ Market get Homecoming

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  • By LORRIE DAHLEN
  • Posted Aug. 29, 2014 @ 12:00 pm

    There has always been a settled, comforting feeling whenever I am headed home after a vacation or an extended stay away. If flying, it would hit me as I began to see the trees dotting the New England landscapes, filling me from the inside with happiness.

    In fall, the colors from above made me imagine I was on a reconnaissance mission for finding the perfect spots to take pictures for a fall foliage calendar. The foliage isn’t changing yet, thankfully, and we have several weeks of good growing weather remaining so that feeling of coming home is hitting me as the farmers market returns to its year-round home at the Fairgrounds after two weeks on the Town Green. It feels good to be headed home. People are returning from vacations or making plans for one last big party for the Labor Day weekend, then children are heading back to school and we are all “home” again.

    Speaking for all of the vendors, we are always grateful for our time on the grassy green with the shade of the lovely trees each year during the fair, and it permits us to meet new people and reintroduce ourselves to parts of the community we don’t often see. Now with seven weeks remaining to the summer farmers’ market season the flowers and produce are fabulous with fun items like sunflowers, watermelons and heirloom tomatoes which take all summer to develop into perfect specimens.

    This week the live music returns with The Harper and The Minstrel. The kids get a special treat from Jenny D, she is bringing all the goods for “Make-Your-Own-Marble” week; after making a marble kids may select one that is fully finished from Jenny’s collection. If the weather cooperates then this will be the final week for pony rides at the market, too.

    Next week school starts and Friday’s music will feature Dan Durkee. The kids’ activity will be a Market Poster making contest, and there will be a special visitor, one who will help make your dinners easy to prepare. Martha Stone of Martha’s in Plymouth will give a cooking demonstration at 4:30 p.m. where she will take the current produce in season and transform it into a meal. Martha Stone is long known for her commitment to using all local foods, supporting our farmers and sustainable practices as well as her amazing food. She will show you how to select, store, and prepare the produce so that you retain the health benefits as well as bring out the flavors. This way coming home to dinner will be tasty, local, and healthful.

    The Marshfield Farmers’ Market is held every Friday 2 to 6 p.m. at the Marshfield fairgrounds (140 Main St.) in an indoor/outdoor setting making it accessible to all no matter the weather. It offers free parking and admission, free kids’ activities and demonstrations as well as live music every week. The grounds are stroller and wheelchair friendly with handicapped parking inside the gates. SNAP EBT may be used at the market as well as debit cards at the managers’ booth inside. For more information, visit MarshfieldFair.org/fm.htm, call 781-635-0889 or find them on Facebook and Twitter.

  • Posted in In my Neighborhood, Marshfield, Parks & Recreation, Shopping | Tagged , , , , , | Leave a comment

    Conserving Water Helps Environment and May Add Value to your Home

    RealtyTimes.com, August 29th, 2014
    It sounds like doom and gloom but homeowners can actually make a big difference during droughts. What you do may also help increase your home’s value by giving it a complete check- up for things that might be wasting water.
    Full Story: http://realtytimes.com/rtpages/20140829-Conserving-Water-Helps-Environment-And-May-Add-Value-To-Your-Home.htm

    Follow Len and Leslie Marma of Success! Real Estate on their facebook business page, “Marshfield Matters” …. click LIKE to receive real estate info and what’s happening in Marshfield.  

    Posted in Homeownership, Quality of Life | Tagged , , , , | Leave a comment

    Always Obtain a Property Survey

    RealtyTimes.com, August 27th, 2014
    The surveyor determines whether the house is within the property borders, whether there are any encroachments on the property by neighbors and the extent to which any easements on the property may affect legal title.
    Full Story: http://realtytimes.com/rtpages/20140827-Always-Obtain-A-Property-Survey.htm

    Follow Len and Leslie Marma of Success! Real Estate on their facebook business page, “Marshfield Matters” …… click LIKE to receive real estate info and what’s happening in Marshfield. 

    Posted in Home Buying, Home Selling, Homeownership | Tagged , , , , , , | Leave a comment