Leon Lopes

Click the link below to read about the latest approval for Plymouth Rock Studios in Plymouth MA. This is another major step in the process as most everyone in the local area looks forward to a late Summer ground breaking. Though last weeks news of the State of Massachusetts no longer providing $50million in infrastructure loan funding is disappointing, it is hoped that the state will find other opportunities to support this project with public funds as appropriate. The economic boost that a world class movie studio and production facility will have on the local, regional, and state economy is too much to overlook. Isn't it time for Massachusetts to make a wise decision that benefits all of its residents?
Plymouth Planning Board Approves Studio Master Site Plan
I will continue to provide updates as they happen. Stay tuned and be sure to contact me for all of your real estate needs in the "Hollywood East" area.

The future keeps getting brighter for Plymouth Rock Studios, the Town of Plymouth and the State of Massachusetts as the massive Plymouth Rock Studios project receives another major approval from the local Planning Board. Please read the article below from WickedLocalPlymouth.com.

PRS takes another step forward - Plymouth, MA - Wicked Local Plymouth

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The Spring real estate market is heating up in the Plymouth MA area. Buyers that I've been working with are well aware of the Plymouth Rock Studios project and see it as a positive for the area as well as a venture that will result in rising property values in the region. The excitement is building as everyone looks forward to a ground breaking this Summer. For daily video updates, be sure to sign up at www.HollywoodEasttv.com.

April 4, 2009 will be a day to remember for the residents of Plymouth MA. Today, Town Meeting Representatives approved all 4 Articles on the warrant related to the construction of Plymouth Rock Studios. This will allow for the property to be connected by a new road, Rock Studio Drive, to the existing Clark Road as well as approve the creation of Campus Drive, which will connect the Studio property to Plymouth South High and Middle Schools. In addition, Town Meeting also approved road widening and a new roundabout for Clark Road plus adopted new movie studio fire protection standards and national standards for design, installation, inspection and operation of a movie studio complex. Next up, the Plymouth Planning Board opens a public hearing for review of the final site plan for the project on April 13th. If you haven't been following this project, where have you been? Now is the time for you to start paying attention and join in on the excitement as Plymouth Rock Studios moves closer to a projected June start date for the access road and a mid-late Summer on-site ground breaking. Congratulations to PRS on reaching yet another successful milestone!

Well, 2009 is shaping up to be an interesting year in Plymouth. Hopefully, the economic troubles of the Federal and State governments won't put too much of a strain on the town. We'll have to wait and see on that. In the meantime, the next few months will be critical to the Plymouth Rock Studios project. At the January 12th Planning Board meeting, studio proponents updated the Board on the progress they've made with their traffic and access road plans, they received public support from the Director of Public Works, Superintendent of Schools and the Principals of Plymouth South High and Plymouth South Middle Schools, and they outlined the next 90 days as a time of securing financing for the project as well as obtaining necessary permits from the State and the Town. If all of this stays on track, they could actually start construction sometime this Spring. Can't Wait!! They'll be back in front of the Planning Board on February 2nd, so stay tuned.
In the meantime, other major projects in town are moving forward. The A.D. Makepeace development, known as River Run, should start to see some infrastructure development this Spring and hopefully the first phase at Cordage Park will as well. Plus, there are other outstanding new construction choices like beautiful homes at Watercourse Place and oceanfront condos at Lighthouse Point and Robbins Wharf. At Pinehills, a new builder has acquired some land in the Hickorywood neighborhood and will be building cottage style homes. These should be popular, both in style and price point. Also, a new neighborhood will begin to take shape up on the hill adjacent to the Summerhouse. Plus the Avalon apartment neighborhood will grow to almost double the current size. Don't forget to shop at The Market. Everyone loves this store with its fresh meat, vegetables and popular bakery items. By the way, thanks to The Pinehills for hosting the third annual Broker Appreciation Dinner last week. It's nice to be acknowledged and appreciated for introducing Buyers to The Pinehills.
While the local real estate market is still a bit soft, there are some fantastic values out there. Everything from low priced foreclosure homes to new construction values to homes owned by motivated Sellers that are priced right. Add to that the fact that interest rates are at or near historic lows. Why wait? Now really is the best time to buy. As always, I welcome your comments and questions.

Oringinally posted December 9, 2008 on another site. Re-posted here January 7, 2009.

How can it get much better than this? Prices are lower than they've been in years. Interest rates are extremely low. Today I received an email from a loan officer quoting 30 year rates at 5.375% with zero points and 5% with one point. Why wait? Things could start to change if some of the talked about Federal Government proposals take shape in the coming weeks and once our new President takes the oath of office. Inventory levels of Single Family homes for sale in many area towns are significantly lower than they were a year ago. For instance:


Plymouth - down 18%
Kingston - down 20%
Carver - down 19%
Pembroke - down 19%
Hanson - down 34%
Rockland - down 42%
Halifax - down 13%
source MLS-PIN 12-9-08

If incentive programs are introduced to stimulate the economy and bring more Buyers back into the real estate market, isn't it safe to say that in towns like those mentioned above, where inventory is already low, that a higher demand and a lower supply will only result in prices starting to go back up - even if only slightly? If you've been hearing and thinking that you've got to keep waiting because "things are going to get even worse", don't be fooled. Real Estate is local. If your goal is to purchase a home in towns located on the South Shore, now may be your best time to buy. Contact The Lopes Team to discuss the details. We will help you achieve your goal of home ownership. NOW is the time to buy!!