Hmm….It kinda seems like we should be flooded with vacant and abandoned foreclosure properties. You know what’s funny is here on the North Shore there are not that many bank owned properties available. In the past 6 month, here are the rankings for the towns that sold the most. Out of these towns:
Beverly, Boxford, Danvers, Essex, Georgetown, Gloucester, Groveland, Hamilton, Lynn, Lynnfield, Manchester, Marblehead, Nahant, Peabody, Rockport, Rowley, Salem, Saugus, Swampscott, Topsfield, Wenham.
#1 Lynn…..38 #2 Salem….9 #3 Peabody….7
#4 Danvers…..6 #5 Saugus…6 #6 Swampscott..6
#7 Georgetown……5 #8 Beverly…4
#9 Marblehead….3 #10 Rowley….3
What does this mean to you as a homeowner? A couple of thoughts come to mind. This shows a positive step in neighborhood improvement. New owners, mean better care, which will in turn help your property’s value. Secondly, it means buyers are buying, even in the later months of the year and the upswing is being primed for the New Year. So, it’s all good news for North Shore Real Estate.
Stay tuned later this week as we look at what is available NOW….
The Quail Home Selling Team (Mike & Jean)
And remember…….“LEAVE THE SALE TO QUAIL!”
BUYERS…………..For a FREE List of FORECLOSED homes for sale check out www.NorthShoreForeclosureList.com
SELLERS……………For a FREE INSTANT HOME VALUE www.MikeQuail.com and click INSTANT HOME VALUE
