Attleboro, MA

I have been asked this question by so many people over the last month. People just don't understand how it effect their credit? I am also surprised at the amount of people that are in trouble? It must be a sign of the time, I am trying to help as many people as possible to make the correct decision. If you have a question please don't hesitate to ask!

Total Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from July 1, 2009 - July 31, 2009.

Single Family Homes

Number of Homes on Market 61 (a rather high number of listings for such a small town)

Average Days on the Market 174 - The Market Time is signifying the homes are VERY overpriced

Number of Homes U.A.G 4 - that averaged only 130 days on the market (Price = Pace)

Average Price of U.A.G. Homes $329,300

Number of Homes Sold 6

Average Sold Price $262,304

Average Asking Price $367,609

Lowest SALE Price $120,000
Highest SALE Price $392,000

July finished out with a huge amount of activity!!!!!!!! 10 home buyers have taken or are taking advantage of the $8,000 First Time Home Buyer Tax Credit. 10 home sellers have priced their home IN THE MARKET and have successfully sold their home. There is still pent up activity, plenty of buyers are jumping off the fence and buying. Position yourself as a Home SELLER not just a homeowner with your house on the market.

You want your home IN the market not ON the market.

The absorption rate has gone down to 6 months from 10 months in the month of February. Lots of inventory was purchased but lots was placed on the market as well! There has been a tremendous increase in the number of buyers in the marketplace - rates are at an historic low - the government is putting immense pressure on the banks to work WITH homeowners not AGAINST them and help them restructure their loans to try and prevent additional foreclosures from hitting the market. The lower end and modest homes are being absorbed much quicker that higher end homes. Homes over $400,000 are experiencing longer market times or are not selling at all and there is more downward pricing pressure. 17 homes of the 61 that are on the market are priced over $400,000 that is over 25% of the total homes for sale. BUT if you look at the highest sale price ($392,000) you can see that even though there is a large percentage of high end homes for sale that is NOT where the desire or activity is. As a homeowner you REALLY need to look non emotionally at the homes that have sold and judge based on the sale prices of the comparable homes and really see if your home should be priced over $400,000. If it is legitimally worth over the $400,000 mark take extra care and concern to price it as competitively as possible!!!

Lower and middle end homes are receiving multiple offers and even selling OVER asking price.

What do you need to know if you are a homeowner looking to sell?

Your home MUST (and I mean MUST) be in a condition that an F.H.A. or V.A. approved buyer can purchase call me to find out what steps you MUST take to ensure your home is in the condtion required by these mortgage programs



According to the facts of record we are still losing value. Not great news I know, but it stresses the importance of properly pricing your home UPFRONT!

Price it ahead of the curve and you will open your home up to the largest pool of potential buyers which will sharply lessen your market time AND increase your bottom line! I would rather see any seller get multiple offers to choose from than no offers at all.

Call me for a competent, accurate analysis of your home.

Bobbie Files
Your Bristol and Plymouth County Realtor

Visit my website at www.BerkleyMass.com

Search for Berkley Ma Homes at: http://BerkleyHomes.BerkleyMass.com

Search for Taunton Ma Homes at: http://TauntonHomes.BerkleyMass.com

For those struggling to pay your mortgage payments please visit: http://shortsales.berkleymass.com

ARE YOU INTERESTED IN PURCHASING ONE OF THE INCREDIBLE FORECLOSURE BUYS ON THE MARKET???
VISIT - http://JustForeclosures.BerkleyMass.com

The numbers of people that I talk to every day about short sales and foreclosures are surprising. Some people want the help and others seem like they don't care? I care about my credit rating, my home, my business, but it seem like other don't care?? Do we live in a disposable society? A lot of people don't want to save anything any more. The give up on their marriage, family, work or business, homes, whats up?

For those of you that do care and need help, let me know. I will do what I can to help you get going in the right direction, or just need some friendly advise. I do a lot with first time home buyers, divorced couples, and anybody needing advice. If I don't get a sale at this time, but I can help somebody that's fine. When you do need help buying or selling a home I will be around. I will stay in touch and be there when you need me, feel free to email me or call my cell. Good Luck and have a great day!

I went to Boston today to get involved with REALTOR Day on Beacon Hill! I was a little surprised on the small number of people that get involved? I guess like everything you have a certain percentage of people getting involved. But I decided to do my part and network with other REALTORS, and Legislators. So I will do my part in trying to get the word out to the other REALTORS I work with in the surrounding area. I also sent a note to Bill Bowles (Our Representative in the Attleboro area)on his facebook page. Thank You for taking the time to read my blog.

Have a great day!

I have been so busy talking to people about the market. I am amazed with as much information that is in the news still the right information is not getting to the people that need the most help! I spend a lot of time to help educate people on the options they have available. Most people are confused about foreclosure and short sale. I can see I am building a great referral business, just by the people that are being sent to me from the long term friends, clients, and past assoications I have made. I get calls everyday from somebody that said I am going to have my friend call you and see if you can help? Sometimes I wonder am I a REALTOR or am I a mentor, adviser, money manager, problem solver, etc.. But I enjoy helping people, so I know I made the right choice.

I was in the Doctor office with my wife the other day and the nurse said I am glad you came in today to me. So i asked why, She tells me I have been meaning to call you to see if you can help my Son. So I gave her my card and told her to have him call me and I will listen to his situation and guide him down the best path for his situation.

Second point is always wear your name badge every where, I AM PROUDTO BE A REALTOR. And it also help people open up, and I always hear the comment "How is the market". And when I respond its great, they almost fall over. I tell them homes are selling, the lower price range is selling the best at this time in my area. And if your looking for a fixer upper, we have lots of them! If you want one that you can move into, we have plenty on the market. You need to work with a REALTOR to have them help you get into the right home. And I see it's time for me to get ready for my first appointment, so I have to run!

Good Luck and have fun!!