Michael "Mike" Mahoney

Good morning,

I just wanted to let you all know that the Cunningham Pool and Park will be selling pool tags Thursday and Friday of this week.

The hours of operation for the sale will be from 9 to 11 AM and in the afternoon from 1 to 4 and began the evening from 6 to 8 PM.


Family memberships are $75.00. You will need to pay $2.00 per tag. A tag is required for admittance to the pool.

Have a wonderful day!

Mike Mahoney
Realtor
Greater Boston

www.MMahoney.com
617-648-3983

This could be a great weekend if you are looking for a home in Milton, Ma. There are so many open houses this weekend in Milton.

Currently, there are 23 on the MLS showing that they are hosting open houses this weekend in Milton.

There are 114 single families on the market as of right now in Milton.

The lowest priced home on the market in Milton is $204,000. The highest is $4m.

Here is the list of addresses where there will be open houses in town this weekend. If you need any details, please call me @ 617-648-3983. You can also get details on any home in Milton at my address for your new Milton address at http://www.02186.com

LIST_NO STREET_NO STREET_NAME LIST_PRICE
70809910 125 Robbins St 589,900.00
70880047 133 Thacher Street 345,000.00
70881663 18 Whitelawn Ave 875,000.00
70887361 10 MILTON HILL ROAD 1,449,000.00
70892765 376 Brush Hill Road 889,000.00
70893380 57 Cedar Terrace 419,000.00
70904133 428 Central Avenue 699,000.00
70906009 11 Vose Hill Rd 699,900.00
70906018 137 Gerald Rd 929,000.00
70907823 118 Wolcott Road 929,900.00
70910003 1051 Brook Rd 399,000.00
70912933 75 Bradlee Rd 929,000.00
70914229 110 Emerson Rd 429,999.00
70923663 16 Woodside Dr 729,900.00
70924458 239 Thacher Street 474,900.00
70926361 24 Fairfax Rd 524,900.00
70927594 5 Woodward 559,000.00
70929464 9 Ellsworth Rd 439,900.00
70930354 92 Plymouth Ave 679,000.00
70931498 35 Lodge St 599,000.00
70932115 51 Park Street 504,000.00
70932227 85 Old Farm Rd 939,900.00
70932562 47 Hallen Avenue 579,900.00

This is a condo that is for sale by Mike Mahoney of Keller Williams Real Estate. If you are looking for a home or a condo for sale in Rosldinale,
you may want to see my web site for Roslindale homes for sale @ www.livein02131.com

If you want to see what is going on in the Greater Boston Real Estate Market, you may want to either visit my web site @ www.mmahoney.com or
my read my blog at www.TheGreaterBostonVoice.com

Michael Mahoney
Realtor with Keller Williams Real Estate
www.MMahoney.com
617-648-3983

Just went to a terrific house in Milton on Milton Hill. The location is just perfect. It could be a nice home for someone looking for a project. Take a look at the photo. The price is $729,000. See more of the real estate on the market in Milton on my web site @ http://www.MMahoney.com. The property is listed with CBRB. I just thought I would pass along the information to tell you how great it was.

Many people make the assumption that they should leave their price high when listing a home for sale in today's market. Unfortunately, the thinking is counterproductive to the goal of actually selling the home. Today's buyer is more informed than half of the real estate agents who work in the area. Today's buyers in the real estate market are very sensitive to market value since the can see what is on the market in an entire area by simply making a few mouse clicks.

One of the key indicators when selling a home is to watch for the frequency of appointments. If you are not receiving appointments to show the property there is probably a good sign that that property is overpriced. This will become very clear when you go a beautiful Spring weekend here in New England with no appointments.

When my own listings are well priced, the will typically realize and handful of showings per week. This is the type of frequency we need to in order to get a property sold.

The quicker a seller gets to the correct price, the more showings they get and the closer they get to the highest market value.

The longer a property sits on the market, the lower the market value realized upon sale.

Think about it. I call it shiny object syndrome. The buyer sees a great new listing with the right price on it come on the Internet and immediately starts thinking - "hmmmm...I wonder what it would take to get this one". They call their agent or the listing agent make an appointment. The mindset is that that this is a hot property.

Now, if you overprice the property, but it still looks good online, the buyer mindset becomes "it's really nice...but, I will wait until they reduce the price". Now they wait, and the property sits on the market for 30 days. The buyer now has the mindset which is "I wonder how low I could offer on that one...geez...it's been on the market for awhile."

Many people suffer from what I refer to as a P.D.S. I borrowed this term from real estate professional David Knox who wrote an article for the National Association of Realtors.

It is essentially a condition that afflicts sellers having a hard time facing the realities of today’s markets. The reality of today's market is you need to price the property right where the market value is. The homes that sell are price at market value. Prices are not inflated.

I know for most of the clients I have had over the years it’s difficult to make a pricing concession, but an overpriced home simply will not sell.

Perhaps the sellers argue that they really need the money, but then they have to ask themselves what they’ll do for money if the home doesn’t sell.

Maybe they figure that they can shoot for the moon now and reduce the price later if they must. However, the longer a property remains unsold, the more likely it is that even more price reductions will follow. Then it’s taken even longer to get a sale at a lower price.

Some sellers might suggest trying a higher price just for the first two weeks, but that’s when the interest of serious buyers is always greatest. Those buyers usually look within a certain range, and won’t even preview or make an offer at all on an overpriced property.

Most importantly, if the sellers need to buy another home, time is of the essence. If the sale takes too long, they’ll be buying at a time when prices and interest rates may begin climbing again.