Kevin Vitali Tewksbury Real Estate- MA & NH

Move-up buyers/sellers have a hard time letting go of what there house might have been worth in 2005 when the single family market was at its peak. Sellers will say "I will wait until my house is worth X amount again". But don't forget, that means the property on the other end will be worth X amount more also

I searched the the Massachusetts MLS in Tewksbury MA and found 2 houses that sold approx. the same time in 2004 and the same time in 2009. This is a real life example!! Let's take a look at why this may make sense.

Home 1- Sold in 2004 for 290,000 and in 2009 for 345,750.

This would be an example of a seller who's family is getting older and they need more space, bathrooms and a larger yard.

Home 2- Sold in 2004 for 442,000 and in 2009 for $375,000.

It is twice the space of Home 1 and offers 3 baths, on of which is a master, much larger yard, a large family room as well as a den and in one of the most desirable neighborhoods in Tewksbury.

Ok, lets do the math. Lets say Home 1 has a $190,000 mortgage to pay off.

If you sold wait until Home 1 reached close to its peak in 2004, you would have payed:

$442,000 in for Home 2 versus the sell price of $345,250 for Home 1

that would leave you $155,750 down payment and a loan of $286,750

with a monthly payment of $1,628.13

Now let's look at selling Home 1 and purchasing Home 2 in a down market market, you would have paid:

$375,000 in for Home 2 versus $290,000 for the sell price of Home 1

that would leave you a down payment of $100,000 (oh no!! or maybe not)

with a monthly payment of $1561.62

You would have paid the equivalent of $11,750 less in a down market to buy Home 2

at 5.5% interest you would save $66.71 a month

or over the life of the loan you would save $24,9015.60

So why are you waiting to sell your house until it is worth X amount of dollars again? If it is time to move it is time to move. Everything is relative, if your house prices go up again, so will the house you purchase on the other side. It is important to look at the bottom line rather than I lost X amount of dollars on my home. The real estate market is dynamic and is always moving up or down.

Do you really think that if you waited for Home 1 to be worth 345,750 again that the price of Home 2 will stay at $375,000... I think not!!

Be sensible do your math. This could be the perfect time to make you move.

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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.

Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury

Billerica Massachusetts Real Estate Statistics Q1 2009 Compared to the same quarter as last year

Billerica Massachusetts Single Family Home Statistics

Single Family Homes Sold: 2009- 37 2008- 56

Average Days on Market: 2009- 148 2008- 176

Median Home Price: 2009- $300,000 2008- $325,950

Billerica Condos Condominiums and Townhouses

Condos Sold: 2009- 7 2008- 13

Average Days on Market: 2009- 295 2008- 191

Median Conominium Price: 2009- $234,900 2008- $149,750

View all of Billerica Massachusetts Single Family Homes for Sale

View all of Billerica Massachusetts Condos Condominiums and Townhouses for Sale

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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.

Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury

I have just posted a great list of non-profit organizations that offer free foreclosure counseling for homeowners in trouble. Your foreclosure counselor will meet with you and discuss the best options for your given situation. These are non-profit organizations and the help is free. You have options...don't let the bank take your home!!

List of Massachusetts Foreclosure Counseling by Town.

Other resources

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This post "Massachusetts Foreclosure Assistance- Free Counseling" wasprovided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

Kevin Vitali specializes in pre-foreclosure short sales. He will answer any questions and provide you with resources if you are not quite ready for a short sale and want to explore other options.

Short Sale Services in the Northwest Massachusetts, North Shore and the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury

Market Statistics for Lowell Massachusetts Q1 2009

Single Family Homes

Single Family Homes Sold: 75

Average List Price: $194,988

Average Sale Price: $184,445

Average Market Time: 110.19

Condos, Condominiums and Townhouses

Condominium Listings Sold: 46

Average List Price: $114,030

Average Sale Price: $107,802

Average Market Time: 129.13

Average Price per Square Foot: $282

Multi Family Homes

Multi-Family Listings: 52

Average List Price: $162,713

Average Sale Price: $153,192

Average Market Time: 91.21

The market seems to be stabilizing. Market times are down and there is less inventory. Multi Family Homes and Single Family Home prices have remained stable. Market times are down for condominiums though the prices still seem to be dropping.

Lowell Real Estate

Lowell Condos

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Lowell MA Market Statistics was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.

Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury

Twitter- A Way to Make it Fast, Easy and Understandable

I like so many others, found twitter confusing and did not quite understand what it is about. Once I found TweetDeck, and installed the program on my computer, I started to understand and use twitter. Tweet Deck makes it easy to post and follow your fellow tweeters (is that the right term...who knows, sounds good).

As far as the usefulnees of twitter, it is an amazing seo tool. It carries a lot of weight with the search engines. Here are some ways I use twitter:

1. Any time I update a page on my website or blog.
2. Use posts with keywords, that I try to use in my blogs or websites. For example: " Just showed a great Townhouse in Tewksbury MA, Only 225,000". Townhouse, Tewksbury and MA are keywords I use both in my site and blogs.
3. I use twitter to connect to other agents that provide little blips of information.
4. I follow, and try to get them to follow me, the area users, like.... Colleges, Auditoriums, Newspapers, Local Businesses, area events....... and so on. If you go to my profile on twitter, http://twitter.com/Tewksbury_RE , and see who I am following, there are many, groups that have Lowell in their name. Lowell MA is a small city near me. If they are following me and use keywords, I receive the benfit of tose keywords.

TweetDeck- Simple and easy.

Go to TweetDeck and dowload the application. Once you dowload, you will have a screen that keeps your ingoing and outgoing posts at your fingertips if you leave it active.

Keep it out of your way when your not using it in your system tray.

When in your system tray, out of the way, recieve notifications of new tweets.

Easy control of your own tweets and incoming tweets

The left column is for incoming tweets, the right column is for direct messages and the middle column is for replies. To tweet just click on the button in the yellow circle.

1. Area to post your tweets
2. Put any links here to shorten for your tweet... you can only use 140 characters per tweet
3. Not only post to twitter but face book also
4. Convenient character counter
5. Even post a picture with tweetpic

I admit like many people I did not understand or get twitter and found it cumbersomt to log in and tweet. I am very much a novice and have not explored every feature. I highly reccommend TweetDeck to get you started. Download TweetDeck and find some fellow active rainers to follow to start with, Start with me.... Once you start following people and posting people will start to follow you.

Dont know what to post? Remember Keyword Rich content. Here are some ideas. Personal posts are good too, but keep them relatively professional.

• Off to an open house at 82 Vernon St, Lowell Massachusetts
• Going to the Lowell Film Festival Tonight
• Walke in the door from an awesome trainging on representing rentals in Massachusetts
• Update Tewksbury MA webpage
• Is the Massachusetts Real Estate market changing... see what WBZ Channel 4 has to say http://bit.ly/JyMO8
• New Post about pricing your home properly
• Just got back from the Stone Zoo in Stoneham MA, kids loved it.
• Great Birthday dinner at Olivia' in Haverhill MA

Get the idea... every post has a keyword of mine and many have supporting links. The more people your are following the more your posts get out there. Even some personal posts cen provide keyword content. Anyways I hope some of you will change your mind about twitter, like I have. If you have a blog or a website your are active on, twitter is a great way to drive traffic and help the search engines find you. Get started with me.... If you follow me, ill be sure to follow you to get started. See you on Twitter!!

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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.

Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury