Sold Property Update – January 2020

Lindo Realty Group is off to a strong start in 2020! Here are three listings we sold in the first month of this year.

430 Centre Avenue, Abington, MA
This 3 bedroom/1.5 bath colonial was brand new construction and included hardwoods throughout, a gas fireplace and finished basement. It spent just 8 days on the market and sold for over list price on 1/3/20.

440 Centre Avenue, Abington, MA
The next door neighbor to 430 Centre Avenue, this was another 3 bedroom/1.5 bath colonial home that was newly built. This house spent just 12 days on the market and also sold for over list price on 1/21/20.

1099 West Street, Stoughton, MA
This 3/4 bedroom, raised ranch home included 2 bathrooms and lots of updates! Sold by LRG agent Janet Baxter for just under list price. This home was on the market for 39 days and sold on 1/28/20.

Are you thinking of listing your home? Call or email us at 781-635-9022 or robbie@lindorealtygroup.com to talk about your real estate goals for 2020!

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bar-graph-2005vs2020-changing-real-estate-market

2005 vs. 2020; Changing Times, Changing Markets

Many people are approaching this year anticipating another recession. However, times have changed, and there are quite a few differences between the years that led up to 2008 and today that may ease these concerns.

For instance:

  • At the end of 2019, the U.S. jobless claims were at a 50-year-low.
  • When adjusted for inflation, today’s home prices are lower than those in 2006 that contributed to the crash.
  • Subprime or nonprime loans (granted to borrowers unable to qualify for conventional mortgages) only made up a small percentage of loans in the past five years compared to 20% in 2005.
  • Stricter lending standards reduce the likelihood of borrowers defaulting on their mortgages.
  • Homeowners are more cautious, choosing to retain equity in their homes instead of borrowing against them.

Don’t hesitate to call us with your questions on the state of the real estate market! We are honored to share more updates and serve all of your buying and selling needs this year.

*Sources for this post include: U.S. Department of Labor, Bureau of Labor Statistics, 2019; Seeking Alhpa; U.S. News; and The Mortgage Reports.

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Real Estate 2020: National Market Outlook

It’s impossible to predict the future, but here’s a look at where the real estate market stands at the beginning of 2020.

First-Time Buyers Toss Their Hats in the Ring
First-time buyers comprised 33% of all home buyers, according to a NAR 2019 Home Buyers and Sellers Generational Trends Report.
Explained: Many older millennials (ages 29 to 38) are getting into the market.
Bigger Picture: Low rates make a monthly mortgage more appealing than the monthly rent, encouraging young people to purchase a home and build equity.

Home Prices Continue to Rise
Home prices crept up slowly year-over-year in 2019.
Explained: Inventory is still tight, contributing to a steady increase in prices.
Bigger Picture: Despite this steady increase, historically low mortgage rates make the monthly payment more affordable.

Existing Home Sales Looking Up
Existing home sales increased in 2019.
Explained: Buyers took advantage of low interest rates, leading to more homes being sold.
Bigger Picture: It’s a good time for sellers, with homes spending about a month on the market.

The market is always changing so don’t hesitate to call us at 617-699-8928 to get the latest real estate outlook for your city or town!

*Sources for this post include: National Associate of REALTORS Existing-Home Sales Data, 10/19; CoreLogic Home Price Index Report, 10/19; NAR 2019 Home Buyers and Sellers Generational Trends Report.

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440-Centre-Ave-Abington

New Listing Alert! 440 Centre Avenue, Abington

New Construction that will be move-in ready before Christmas. This beautiful 3 bedroom, 1.5 bath colonial offers 3 levels of finished living space.

The main floor has a combination kitchen/dining room, a cozy living room with gas fireplace, and a 1/2 bath. The second floor has 2 bedrooms up, a Jack and Jill Bathroom, and laundry area. The basement is finished and can be used as a bedroom or a large family room.

Interior highlights include: central AC, hardwoods throughout 1st floor, granite countertops in kitchen and baths, stainless appliances, tile in baths, carpet and ceiling fans in bedrooms, carpet in basement. Built to today’s energy codes!

Don’t miss this unique opportunity to own a brand new home for an affordable price. This home is still under construction. Interior pictures were taken in a different home completed by the builder in order to show examples of quality and finish. Call your Realtor to make an appointment today.

View the full listing here.

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packing-cubes

Pack Like a Pro

Last week we shared a post on how to Travel Like a Pro. This week we’re sharing how to pack like one. Even if you’re only traveling for a few days, a well-packed suitcase can save you tons of time and stress, both at the airport and at your final destination. These tips will help you pack like a pro!

  1. Always making a packing list ahead of time!
  2. Roll, don’t fold. Organize clothing and toiletries in packing cubes, and use vacuum bags for bulkier items.
  3. Swap out the old broken zipper suitcase for a lighter, more modern one. Checking luggage can be a hassle. Try to travel with your carry-on only.
  4. Wear heavier shoes and coast during travel to save space in your suitcase.
  5. Download eBooks and movies onto your mobile device, tablet or laptop for more room in your carry-on bag.
  6. For the perfect long-haul trip, invest in some good quality, noise-cancelling headphones.
  7. Earplugs can come in handy both on the plane and in your hotel. Don’t forget to bring a pair.
  8. Portable chargers can save the day when power outlets are in short supply. If you can’t live without your device, bring a charger with you.

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1149-Plymouth-St-REVISED

Price Drop! 1149 Plymouth St, Abington

Price drop! This property was originally listed at $623,000 and is now offered at $583,330. Don’t miss your opportunity to own this beautiful, newly renovated 5-bedroom, 3.5-bathroom home!

The first floor layout includes a large entry hall with open staircase, spacious kitchen, pantry, dining room, living room, master suite, 1/2 bath, and laundry room. The second floor has a 2nd master suite, 3 additional bedrooms, and another full bath.

Highlights include brand new interior, gleaming hardwoods, impressive tile work, quartz counter tops, new cabinets, brand new black stainless steel appliances (fridge, gas stove, microwave, and dishwasher), central AC, new roof, wrap-around porch, private yard, and storage “garage.”

Conveniently located, just minutes from the commuter rail, schools, banks, shopping centers, etc. Call to set up a showing today!

View the full listing here.

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Travel Like a Pro!

Are you traveling for the holidays this year? If your travel plans are taking you up in the air, make the trip more enjoyable by reducing the stress of your airport experience.

Before you embark on your big vacation, read these travel hacks including packing tips, apps to help track flight prices, ways to streamline your security experience and more.

  1. Find cheap flights with these apps:
    Skiplagged – Show you hidden-city ticketing options to get you a flight for up to 50% less.
    Hopper – Predicts upcoming price trends.
  2. Has your flight fare lowered since you booked? Contact the airline — some will give you the difference back in airline credit.
  3. Skip long security lines. Apply for TSA Precheck ($85 for five years) to save time and stress. For international travel, apply for Global Entry ($100 for five years) to expedite the customs process. Fun fact: In February 2019, 92% of TSA Precheck passengers waited less than 5 minutes.
  4. Give up your seat for a travel voucher. If you’re not in a rush to get to your destination and you find yourself on an over-booked flight, let the ticketing counter know. They may offer you travel vouchers for giving up your seat.
  5. Long day of travel ahead? Head to the airport’s website to pre-book an airport lounge pass. Gain access to a quiet space with complimentary refreshments, magazines, WiFi, etc. There is an upfront fee, but if provides a relaxing start to your travels.

And one more pro tip: Email yourself a digital copy of your driver’s license and passport in case they are lost or stolen!

Whether you’re a frequent flyer or making your annual visit home for Christmas, we hope these tips will help you spend less time stressing about the journey and more time enjoying your destination.

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smart-home

Is Your Home Smart?

Remember the Jetsons, that futuristic family from the popular ’60s cartoon? Their house had all types of neat gadgets and gizmos that you probably wished for in your own life. Believe it our not, today’s tech is making these “homes of the future,” accessible now — and it’s more practical than you might think.

In today’s post, we’re taking a look at some recent smart home innovations. Make coffee with a voice command or turn off the lights from the grocery store! You might be surprised to learn that these kind of smart technologies are actually increasing the value of homes, making them more attractive to potential buyers.

  1. Ring Doorbell – A motion-activated video doorbell system with an app that enables you to see and even speak to visitors at your door from anywhere. Also available for use within your home, for security.
    Cost: $99 – $249
  2. Smart Light Bulb – Dimmable, Wi-Fi-enabled LED light bulbs that allow you to change lighting from anywhere — even while away from home — using an electronic devise of smart speakers.
    Cost: $10 – $12 per bulb
  3. TP-Link Smart Plug – Wi-Fi enabled adapter that you can plug appliances like your coffee maker into, so you can turn them on and off from an app on your smartphone.
    Cost: $15 – $17
  4. Nest Thermostat – A sleek thermostat you can control from your phone or table to adjust your heating and air. This device learns the climate of your home, automatically adjusting the temperature when conditions change.
    Cost: $170 – $235
  5. Smart Speakers – Smart speakers like Google Home or Amazon Echo can use Wi-Fi to sync with your smart electronics, allowing you to use voice commands to lower the lights, turn on the heat or even make your morning cup of coffee.
    Cost: $50 – $200

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430 Centre-Ave-Abington

New Listing Alert! 430 Centre Avenue, Abington

Move in before Christmas! This is a brand new 3 bedroom, 1.5 bath colonial with 2 bedrooms upstairs, a Jack and Jill Bathroom, and laundry.

The main floor has hardwoods through out, a kitchen, half bath, and a gas fireplace. The basement is finished and can be used as a bedroom or a large family room.

Built to today’s energy codes its perfect for anyone, call your Realtor to make an appointment today!

View the full listing here.

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The Not-So-Hidden Talents of Your Real Estate Pro

In a world where you can buy or sell a home with the click of a button, the work of a real estate agent becomes even more critical. Sure, you may be able to perform an actual sale on the web, but the extra perks an agent provides simply can’t be replaced by the internet. If you’ve ever worked with a real estate pro before, you know that this process is much more than just a clickable transaction.

This post will share a few “not-so-hidden talents” of the real estate pros at Lindo Realty Group. A home is one of the largest purchases you’ll make in life, and we’re here to make it a positive experience. You know we can help you buy or sell, but did you know we can also provide you with these perks:

Skills for a Smooth Transaction
We use our exceptional sales and marketing skills during every point of the transaction. Our goal is to negotiate a fair and competitive price whether it’s for a home you are selling or the dream home you want to purchase.

Perks After the Sale
We’ll pop by occasionally with small items to brighten your day and send you valuable monthly information. We want to continue our relationship past the sale so you know that we can help with all of your real estate needs.

Save You Time and Energy
We’ll handle all the hard work during your transaction–marketing, communication, paperwork–leaving you with less stress and more time for what you actually want to do.

Network of Referrals for All Your Needs
Our robust contact list of trusted professionals on the South Shore is full of contractors, accountants, mortgage pros and other experts to assist you in any area of your life.

A Real Estate Guide
We’ll stay up-to-date on market trends and news to keep you informed. Whether you’re currently in a transaction or just curious, we’re here to answer your questions and provide information on the market and industry.

Make You a Hero
We’re a part of a vast network of agents across North America who can set your family and friends up with a great experience. If you need a referral for an exceptional agent outside our area, just give us a call.

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