Local real estate market conditions in Medford, Massachusetts are currently considered a buyer’s market with a Market Action Index of 16.35. 

There are a total of 175 residential properties on the market.  The median single family home price is $707,139.  Other great incentives for new home buyers are the abundance of properties on the Medford real estate market and fair interest rates now being offered. 

However, one thing buyers’ should keep in mind no matter what the market conditions are - the best properties don’t last long. Buyers’ need to remember that when they find their dream house. 

For more information on finding your dream property in Medford, MA, please contact John McCann at RE/MAX with all of your Medford real estate questions.

Local real estate market conditions in Malden, Massachusetts are currently considered a buyer’s market. 

There are a total of 312 residential properties on the market.  This breaks down to 117 single-family homes, 91 condo properties for sale, and finally 104 multi-family units available.  Home buyers are ecstatic about substantially lower prices in Malden, MA. 

Other great incentives for new home buyers are the abundance of properties on the Malden real estate market and fair interest rates now being offered. 

However, one thing buyers’ should keep in mind no matter what the market conditions are - the best properties don’t last long. Currently 1 in 2 properties have sold in Malden in the last 6 months.  Buyers’ need to keep that in mind when they find their dream house. 

For more information on finding your dream property in Malden, MA, please contact John McCann with all of your Malden real estate questions.

Most real estate agents in the metro Boston area will agree that today’s economy represents a buyer’s market.  However which of these ‘buyers’ should actually be buying real estate in the Boston area of Everett, Malden, or Medford. 

An article on who should be buying real estate states that "Duel-income customers" and "people with assets in reserve and a credit score of at least 680", should be buying real estate at the lower prices offered now. 

The article goes on to suggest that "retired couples that are thinking of downgrading their housing situation", should hold onto their house for the present time as well as anyone planning on a major life change such as job transfers, marriage, or struggling financially. 

For more information on the metro Boston real estate market, specifically the real estate markets of Everett, Malden, and Medford, please contact John McCann at RE/MAX Real Estate.

Although the Boston metro area isn’t as high in the nation in foreclosures as other cities, delinquent house payments still happen - even to the best of us. 

During the foreclosure ordeal, one very important thing to keep in mind is persistence.  Many lenders want one less foreclosure process on their desk, and one way to remind the lender that you are interested in working out payments is to call him.  A lot.  And preferably before you are late on a payment.  Y

ou will be in the strongest position if you call or leave a message for your lender at least once a week to let him know that you are interested in refinancing or working out some other means of repayment. 

To constantly call your lender shows a high level of responsibility and persistence, even if it is to the point of annoyance. 

For other real estate tips or information on Boston metro area real estate, please contact John McCann at RE/MAX Real Estate.

Historical buildings always have a nogalistic feel in any towns hearts and minds, so it comes as no surprise that the Charleston Chew candy factory in Everett, MA is being rehabbed into 226 new condos. 

The factory, which got it’s name in 1922 from the popular dance at the time, offers Boston views in some duplex town houses, as well as exposed brick and hewn timber details. Condos range from 700 to 1,600 square feet and are priced from $215,000 to $540,000. 

Currently there are only limited units left in the 4 buildings due to high demand.

For information on how to own a piece of historic Everett real estate, please contact John McCann at RE/MAX Real Estate.

A new condominium redevelopment is planned near the downtown in Malden, Massachusetts. 

The property has been rezoned for up to 76 residences and 152 parking spots.  The new condo redevelopment is in a great location as it is a close walk to the rail service and only four miles from Boston. 

Also it is only about a 5 minute walk from the Malden downtown which offers great bistros and shopping.  Malden, MA is currently adding over 100 new professional jobs with the completion of the MA Department of Education headquarters and a new major medical center. 

In the next 3 years plans for a new minor league baseball park have already been approved. 

For more information on these new condos or other condominium real estate in Malden, Ma, please contact John McCann at RE/MAX real estate.

Local real estate market conditions in Everett, Massachusetts are currently considered a buyer’s market. 

There are a total of 333 residential properties on the market.  This breaks down to 90 single-family homes, 95 condo properties for sale, and finally 148 multi-family units available in Everett.  Home buyers are ecstatic about  substantially lower prices in Everett, Ma. 

Other great incentives for new home buyers are the abundance of properties on the Everett real estate market and fair interest rates now being offered. 

However, one thing buyers’ should keep in mind no matter what the market conditions are - the best properties don’t last long.  Buyers’ need to keep that in mind when they find their dream house. 

For more information on finding your dream property in Everett, MA, please contact John McCann with all of your Everett real estate questions.