So how's the real estate market doing?

So the big question always is - So how's the market doing in our town? I watch MetroWest Boston quite closely I was quite shocked but happy this August when I looked at the number of homes sold in Medway Jan-Aug (97) for 2011. That wasn't the shocking part. The shocking part was when I compared it to our busiest year ever, 2005. The number of homes sold in Medway Jan-Aug 2005 - was exactly the same - 97. That told me that the market has stabilized in terms of homes selling - The price point of those homes still appears to be dropping.

Here's some recent statistics for Jan - Oct 2011 for surrounding towns. I follow Medway,Millis,Franklin,Holliston and Bellingham. And here are some interesting stats about those towns.

• The average sale price in Holliston in 2010 was $423k. As of October 2011- The average sale price has increased to $447k!



• Millis Franklin and Medway all seem to be on par with 2010 statistics for average sale price. In October, they were $327k,396k and $367k in that order (Millis Frankin and Medway)



• In the 5 towns we looked at - Last year Holliston had the best days on market (90 days) but this year thru October Franklin's homes on average are selling the quickest (110 days) so homes are staying on the market just a bit longer than 2010.



• The most affordable homes were in Bellingham where last year the average price point was $282k but in 2011 thru October the average price point is $263k!

For the detailed statistics for YTD 2011 - Click Here.

Homes are more affordable today than they have been for quite a while and the first time buyers are out there! If you would like to know more about the value of your home or how to search for a new home, give me a call!

Action Packed Weekend In Medway, MA

Soccer Day and Pumpkin Fair are this Sunday - October 23rd!

Held at the Middle School Complex from 12-3, Soccer Day is a day for the whole family, beginning with the Parade of Champions at 12 noon! This is a huge event in the town of Medway and is fun for the whole family! The games start at 12:30 and all teams play two games. There will be a concession stand, selling hamburgers, hot dogs, drinks, coffee and candy sponsored by Medway Youth Soccer. If you or someone you know would like more information on this great organization, please go to the Medway Soccer Site by clicking here.

At the same time and place is the Pumkin Fair being held from 12-4. During or after the soccer games, feel free to visit the Pumpkin Fair and enjoy the activities there for the kids! Crafts, games, pumpkin painting, bake sale, food, raffle table and more! Please click here for a flyer.

Have fun!

Harvest Feast in Canada

To all my relatives and friends this Thanksgiving Day in Canada - Hope you have a wonderful, peaceful, thankful day with your friends and families -

Having family in CA since I was born I find it interesting how this day of Thanksgiving has grown over the years in CA - I truly don't remember it being celebrated 30 or 40 years ago - Maybe our Canadian friends can comment on that.

Nonetheless - we all need a day of thanks - a day to be introspective to think about all the things for which we are appreciative. And a nice Turkey dinner isn't so bad either!

Marcia Kramarz

Re/Max Executive Realty

Your Key to Metrowest Mass Real Estate

http://www.keytometrowest.com/

The NOAH Principle!

A wise woman once said, “The best response to the long list of social ills is to put into effect the Noah principle. That is, stop looking for credit for predicting the rain, its time to start building an ark.”

I guess you could say, I've observed the Noah Principle in my town of Medway. I’m involved with a committee that has been formed to advise the selectmen about what to do with a particular property in Medway – The Thayer Homestead. The Thayer Homestead is a town owned property that has historic significance. The homestead and barn is still on the property and we, the Thayer Homestead Development Committee (THDC) have recommended a use for the property that will benefit the town and its residents. To learn more about that project, check out my Youtube video when I first started on this committee well over a year ago. Youtube video on the Thayer Homestead. I will be blogging about that project in the coming weeks - so keep an eye out for more info.

What struck me yesterday though was how lucky Medway is to have the type of people who dedicate a portion of their lives to the community. I happened to be at a selectman meeting which is held bi-weekly I believe. I was there because the Thayer Homestead was on the agenda. I was quite surprised when I asked if the selectmen are compensated for their time. The answer is no – What about the Conservation Commission – NO – Well what about the planning board or the financial review committee – Still NO - Some of these committees meet on a monthly or even weekly basis – They sit in meetings for hours on end – they donate their time, their expertise and their passion for the town they live in. It's impressive.

It’s been a little less than 2 years that I’ve volunteered for our town. I have to say I’m amazed at the thousands of hours people in our community donate. It’s a small group of people who tend to volunteer on multiple committees. You hear the same names over and over. What drives these people to give so much? I don’t have the answer. I do have to say it’s rewarding – tremendously rewarding – when you can achieve success for a particular project in town. Some have been in town for generations. Others are new to town. I sit on a committee with a scientist, a teacher, a landscape designer, an attorney, a retired business executive – all donating their time – Some involved with town government for decades. It just amazes me.

For anyone who is dissatisfied with town government – they should try to get involved –just to get a sense of what is happening in their town. They may be left with a sense of awe as I have been – with the enormous efforts of their neighbors to improve the town they live in. Thank you to all who give year in and year out. It’s pretty awesome to see such dedication. I feel so lucky to be a small part of it !

Medway residents - these are OPEN - PUBLIC meetings - they're posted on the Town of Medway Site. Feel free to come and visit ANY of these meetings to get a feel for how your government is run. Or call me, I'd love to bring you to one or both of the two committees I am a member of. 508 446 5094. There are open positions in my of these committees. I'd be happy to take your call.

Failure out of the Gate - OR Is it?

Just two days ago I committed to blogging for 30 straight days. And yesterday- day two – already I fell short – But I think for a good reason. I was tied up at a Selectman’s meeting that I needed to attend and it ran quite late. Why did that trump my blog writing? Well, I’m involved with a committee that has been formed to advise the selectmen about what to do with a particular property in Medway – The Thayer Homestead. The Thayer Homestead is a town owned property that has historic significance. The homestead and barn is still on the property and we, the Thayer Homestead Development Committee (THDC) have recommended a use for the property that will benefit the town and its residents. To learn more about that project, check out my Youtube video when I first started on this committee well over a year ago. Youtube video on the Thayer Homestead.What struck me yesterday was how lucky Medway is to have the type of people who dedicate a portion of their lives to the community. I was quite surprised yesterday when I asked if the selectmen are compensated for their time. The answer is no – What about the Conservation Commission – NO – Well what about the planning board or the financial review committee – Still NO - Some of these committees meet on a monthly or even weekly basis – They sit in meetings for hours on end – they give of themselves – for hours on end –

It’s been a little less than 2 years that I’ve volunteered for our town. I have to say I’m amazed at the thousands of hours people in our community donate. It’s a small group of people who tend to volunteer on multiple committees. You hear the same names over and over. What drives these people to give so much? I don’t have the answer. I do have to say it’s rewarding – tremendously rewarding – when you can achieve success for a particular project in town. These people tend to have a history with town – some have multiple generations in town – but not all –Some have only been in town a short while. I sit on a committee with a scientist, a teacher, a landscape designer, an attorney, a retired business executive – all donating their time – Some involved with town government for decades. It just amazes me.

For anyone who is dissatisfied with town government – they have got to get involved – just to get a sense of what is happening in their town. They may be left with a sense of awe as I have been – with the enormous efforts of their neighbors to improve the town they live in. Thank you to all who give, those who have children at home, how they do it I don’t know (I remember those years my kids were little – I couldn’t imagine squeezing in one more thing into our lives) – Those who chose not to retire but to give back to their town – Those who give year in and year out – Thank you - If Medway Ma is a microcosm of our country as a whole, it’s pretty awesome to see such dedication. I feel so lucky to be a small part of it !

MARCIA KRAMARZ
Re/Max Executive Realty

Your key to Metrowest Real Estate

http://www.keytometrowest.com/

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