Ipswich, MA

Home inspectors working in Ipswich MA are required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice. A copy of the standard will be provided to the client by the home inspector.

The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection.

Visit the Ipswich MA Home Inspection web page from United Inspection Service for some useful information about homes in Ipswich MA and the Massachusetts Home Inspection.

• Massachusetts Home Inspector Standards of Practice
• Recommended Questions to Ask the Seller/Seller's Representative
• Home Inspection Photographs
• Flood Zones
• Lead Paint
• Hazardous Waste Release
• Check the Ipswich MA Home Inspector web page for consumer information links ...

http://www.bainmortgage.com/MortgageMarketWeekInReview

Daily Market Indicator http://www.bainmortgage.com/DailyRateLockAdvisory

Dana Bain Premiere Mortgage Services Inc. 978-422-2311 www.BainMortgage.com

Newsletter-July 18th, 2011 Provided by Dana Bain & Robin Dunbar Bain Dana Bain Premiere Mortgage Services 11 Malvern Hill Road Sterling, MA 01564 Phone: (978) 422-2311 Fax: (978) 422-2313 E-Mail: dana@bainmortgage.com Market Comment Mortgage bond prices rose last week, which helped mortgage interest rates improve. Rates started off on a good note Monday as European debt worries reignited. Italy made headlines as the next country mired in debt concerns. The Treasury auctions showed decent foreign demand. The financial markets experienced some volatility mid week following comments by Fed Chairman Bernanke, which indicated additional stimulus might be needed to boost the economy. We saw some negative movements Friday morning following higher than expected core inflation on the consumer side. Mortgage bonds ended the week better by about 5/8 of a discount point. The Treasury will auction 10Y TIPS on Thursday. If foreign demand falters rates may come under pressure. LOOKING AHEAD Economic Indicator Release Date & Time Consensus Estimate Analysis Housing Starts Tuesday, July 19, 8:30 am, et 510k Important. A measure of housing sector strength. Weakness may lead to lower rates. Existing Home Sales Wednesday, July 20, 10:00 am, et 4.8m Low importance. An indication of mortgage credit demand. A significant decrease may lead to lower rates. Weekly Jobless Claims Thursday, July 21, 8:30 am, et 403k Important. An indication of employment. Higher claims may result in lower rates. Philadelphia Fed Survey Thursday, July 21, 10:00 am, et None Moderately important. A survey of business conditions in the Northeast. Weakness may lead to lower rates. Leading Economic Indicators Thursday, July 21, 10:00 am, et Up 0.4% Important. An indication of future economic activity. A smaller increase may lead to lower rates. 10-year TIPS Auction Thursday, July 21, 1:15 pm, et None Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates. Housing Starts Housing starts data is a leading indicator of the state of our economy. This report, provided by the Bureau of the Census, takes into account data from both single-family homes and multi-family dwellings. Building permits are also released with the housing starts data. By knowing the number of permits issued monthly, analysts can attempt to estimate for the upcoming months. Normally, starts are 10% higher than permits since all locations are not required to have a building permit. Housing starts and permits give a warning of future economic activity. In effect, a rise in housing starts can lead to a fall in the bond market and vice versa. Consumers tend to hold off on the purchase of new homes, new cars, and other big-ticket items if they are worried about the future of the economy. Housing is an important part of our economy. Continued declines in housing starts can lead to continued economic slowdown and essentially a deeper recession. On the other hand, increases in housing starts could signal a possible reversal. From the opposite perspective, changes in interest rates often lead to changes in housing starts. High interest rates can cause a significant decline in home sales, which can lead to a drop in housing starts. Just the opposite happens when rates drop and is one of the additional reasons the Fed is trying to keep rates low. Low mortgage rates affect both home sales and housing starts. The housing market is a vital component in sustaining the economy. The continued weakness of the housing market has many worried. Many economists believe housing will continue to suffer. There is still uncertainty regarding the future state of the economy. Interest rates are historically low. A cautious approach is wise to protect against future volatility. MORTGAGE MARKET IN REVIEW Newsletter-July 18th, 2011

Ipswich Massachusetts Homes Sold in 2010 Q2

Ipswich Massachusetts Single Family Home Sales

The Ipswich, MA 2nd quarter real estate market report indicates that there were 32 homes sold in Q2 2010 as compared to 15 in 2009. This represents a 113% increase in the number of homes sold. The average sales price changed from $462160 in 2009 to $472725 in 2010, a 2% increase in value. The days on market changed 51 % from 110 to 166.

Visit Ipswich MA real estate for information about the community, relocation, demographics, MLS search, home buying and selling guides.

Go to Ipswich MA homes for sale to view current listings of homes, condos, multi-family and land listings.

The Ipswich MA real estate report was compiled by Virtual Homes Real Estate. The data was extracted from the MA MLS (MLSPin) and is not guaranteed to be accurate.

Ipswich Massachusetts Condo Market Report - Year to Date (10/31/2009)

There were 30 condos sold YTD in Ipswich, MA with an average sales price of $246,453 and an average days on market of 195. The selling range was a low of $55,000 and a high of $767,800. As of October 31, there were 19 condos on the market, with an average listing price of $297,158 and an average DOM of 115 days. For sales pending, there were 5 units under contract with an average list price of $472,960 and an average DOM of 128.

Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services.

Ipswich MA Real Estate - Community, relocation and school information with town demographics.

Ipswich MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Ipswich MA MLS Search - View all listings in the statewide MLS. For a condo search, visit Ipswich MA Condo.

Ipswich MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

This report is based on activity reported from the MLSPin MA MLS system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.

Ipswich Massachusetts Single Family Market Report - Year to Date (10/31/2009)

Ipswich MA Real Estate

There were 61 single family residences sold YTD in Ipswich, MA with an average sales price of $468,040 and an average days on market of 159. The selling range was a low of $75,000 and a high of $1,200,000.

The number of homes sold decreased since 2008 from 62 to 61 units.

Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services.

Ipswich MA Real Estate - Community, relocation and school information with town demographics.

Ipswich MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Ipswich MA MLS Search - View all listings in the statewide MLS.

Ipswich MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

This report is based on activity reported from the MLSPin MA MLS system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.