We have picked this property out of the bunch because of it’s price, size and location.

This awesome and well priced 3 bedroom single family came on the market just 7 days ago. Great layout, design and spacious kitchen with stainless steal appliances. Beautiful stone front facade and great yard.

Open House this weekend. Perfect opportunity to D.I.Y

Listing Price: $424,900

Territory Rebate to YOU before the negotiates even begin: $9,877

A recent New York Times article about the economy is helping put the Federal Reserve’s surprisingly large interest rate reduction on Tuesday into perspective, and does a good job of explaining that while the cost of fruits, vegetables, clothing, vehicles, and (most important in our world) houses, are all dropping, these declines have raised fears of a deflationary spiral. “There is good reason to fear deflation. Once prices start to fall, many consumers may decide to reduce their spending even more than they already have. Why buy a minivan today, after all, if it’s going to be cheaper in a few months? Multiplied by millions, such decisions weaken the economy further, forcing companies to reduce prices even more.”

The article also discusses a phenomenon called the “sticky wage theory” explaining why wage prices don’t fall during a recession, and why this along with price drops, helps to keep “real incomes” (inflation adjusted) from dropping too much. Read full article…

Of course this got us thinking about properties that had price drops in the last few months. We’ve assembled a list of properties that have had “significant” price reductions (10% or more) in the last six months just for good measure.

The biggest decrease we’ve seen so far has been this approved short sale in Revere originally listed for $399,900 currently offered at $185,000, a whopping 54% reduction. Suprisingly, it looks to be in unbelievable condition! Have a bit more to spend? Check out this mini Waterfront mansion in Worcester County offered at $500K from it’s original price of $875.

Andover:

A nicely renovated 3 bedroom/2.5 bathroom on one acre for just over $500,000.

Beautiful 4 bedroom/2.5 bath colonial on a quiet street with 1 acre.

Framingham:

1700+ sqre foot 3bedroom/2.5bath plus garage and nice landscaping. Near Framingham Country Club.

Brand new construction with all the upgrades (not yet built) near parks and train.

Arlington:

Renovated 3 bedroom colonial with deck overlooking landscaped yard.

Incredible half acre WATERFRONT property in Arlington. Won’t last long.

Groton:

On almost 2 acres of land sits this 2200 square foot home with 4bedroom/2.5 bath incl a Master Suite listed for under $450,000!

Click Here to see 5 single families that caught our eye while perusing new to market single families. Needham, Natick, South Natick, Framingham, and Arlington are all represented.

Natick: Walk to the Center of Town from this updated 3bed/2bath home. $444,900

(Buy with us and immediately save $6,127.50, our Buyer Rebate!)

Framingham: Beautiful Federal Colonial with 3000 square feet of living space. $575,000

(Buy with us and immediately save $9,380, our Buyer Rebate!)

Lexington: Absolutely incredible Historic Queen Anne home with original bridal staircase. 6bd/5.5baths. $1,829,000

(Buy with us and immediately save $40,730, our Buyer Rebate!)

Cambridge: Designed by Putnam and Chandler in the 1920’s, this gorgeous home has 19 rooms, 10 bedrooms and 5 baths plus enclosed pool. $2,875,000

(Buy with us and immediately save $59,692.50, our Buyer Rebate!)

** These Buyer Rebates were calculated using the asking price. Hopefully one of our Territory Guides will negotiate you the lowest price possible **