Katie McBride | Hopkinton Real Estate, Holliston Real Estate, Ashland Real Estate




In the community of Franklin, MA in the past month there have been 42 homes sold.  The average sale price of these homes was $518,798 and the homes were on the market an average of 38 days.  There have been 29 homes listed for sale during the past month in Franklin, MA.
 
We are here to serve all your real estate needs in the surrounding communities.  We welcome your business, and we promise to take exceptional care of you or any of your referrals.
 

Thanks very much, and have a great day.


 

Millennials Are Increasing the Demand for Condominiums | Simplifying The Market


When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium!

According to CoreLogic,

Last year about 43% of all condo home-purchase mortgage applications were submitted by FTHBs… Similarly, the data show condos were more popular with young homebuyers and empty nesters. For instance, 21% of all condo home-purchase mortgage applications were submitted by buyers aged 18 to 30, compared with just 17% of all single-family home-purchase mortgage applications by the same group in 2018.”

With home prices increasing year-over-year, it makes sense millennials are buying condos instead of a single-family house. As a result, the demand for this type of home has been increasing.

Millennials Are Increasing the Demand for Condominiums | Simplifying The Market

As this graph explains,

The younger millennials are the largest cohort and are likely to drive much of the condo demand in the coming years”.

Bottom Line

If you are a millennial considering buying a home, understand that there are many options available. You may find yourself in a condominium as your first home. If you would like to determine which type of home best fits your needs, let’s get together to evaluate your options!


Once you have all the inspections and walk-throughs, sign all the paperwork, and get the keys, now what? Do you move in right away? Remodel? Upgrade? Just paint? Depending on your financial situation after the down-payment and closing costs, you might wonder if you will ever have enough to make some changes to your kitchen. While you save up for the big remodel, give your kitchen backsplash a makeover to see you through the waiting.

Consider one of these low-impact backsplash options

Stick on tiles: Whether you want the subway tile look, an impressive glass tiles mosaic, or standard square tiles, you can get the look for less with elegant peel and stick tile options. Apply SkinnyTile or Smart Tiles (available at DIY stores, specialty tile shops, and through online resources) to your walls. These stick-on tiles come in a vast variety of colors, textures, designs, and finishes from glass look to stone to wood. 

This technology gives you a three-dimensional appearance on a tile that is only 2mm thick. It resists humidity—allowing it to work well above the sink and dishwashers—and heat—so you can install it above your cooktop. These tiles stick onto drywall or over the top of existing tiles which makes your project even more straightforward. Although the manufacturer recommends grout when possible, it is not mandatory, so if the idea of having to grout puts you off, no worries here. All you need are readily available glass cutting tools.

Stick on wood: To give your kitchen a modern, farmhouse, or shabby chic vibe, consider all the options available with stick-on wood veneer products. Stikwood gives you access to a variety of finishes and stain colors. This real-wood veneer goes right on the wall and lets you unleash your creativity. You can find all the installation tools you need right at the Stikwood website or use what you already have.

Peel and stick planks from Plank and Millwork vertically or horizontally and you can cut them with a utility knife, although a miter saw gives you a more professional look. Create a decorative herringbone pattern or use whitewashed planks to make your kitchen appear historical.

Give your kitchen a shiplap-look with stick-on vinyl plank flooring. You will find extensive choices at your local flooring or DIY suppliers. The vinyl takes a beating and gives your wall the woodgrain texture you crave. Leave them natural, paint them white or try any other color you wish.

Once your project is complete, keep a few extras on hand in case you need to replace one or two tiles or planks. When you get ready to do your complete makeover, carefully remove your stick-on pieces and use them for another project.


 

In the community of Westborough, MA in the past month there have been 19 homes sold.  The average sale price of these homes was $594,759 and the homes were on the market an average of 29 days.  There have been 6 homes listed for sale during the past month in Westborough, MA.
 
We are here to serve all your real estate needs in the surrounding communities.  We welcome your business, and we promise to take exceptional care of you or any of your referrals.


Having A Professional On Your Side Makes All The Difference! | Simplifying The Market


In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion.


Shows like Property BrothersFixer Upper, and dozens more on HGTV have given many a false sense of what it’s like to buy and sell a home.


Now more than ever, you need an expert on your side who is going to guide you toward your dreams and not let anything get in the way of achieving them. Buying and/or selling a home is definitely not something you want to DIY (Do It Yourself)!


Here are just some of the reasons you need a real estate professional in your corner:

There’s more to real estate than finding a house you like online!

There are over 230 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to ensure you achieve your dream?


You Need a Skilled Negotiator

In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands of dollars. Each step of the way – from the original offer, to the possible renegotiation of that offer after a home inspection, to the possible cancellation of the deal based on a troubled appraisal – you need someone who can keep the deal together until it closes.


What is the home you’re buying or selling worth in today’s market?

There is so much information on the news and on the Internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?


Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”


Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.


Bottom Line

Today’s real estate market is highly competitive. Having a professional who’s been there before to guide you through the process is a simple step that will give you a huge advantage!




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