Blog :: 10-2014

Existing Home Sales Report

housegraphOctober is coming to a close, and the holidays are steadily approaching. A characteristic that those of us in the housing market can get used to.

According to the National Association of Realtors' (NAR) Existing Home Sales Report  "existing-home sales bounced back in September to their highest annual pace of the year." This meaning, completed transactions of single-family homes, townhomes, condominiums and co-ops increased a staggering 2.4 percent in September over August.

Lawrence Yun, NAR Chief Economist accredits this gain to more consistent and affordable interest rates. For sellers experiencing a steady rise in sale price; it's not only healthy for our mental ROI reports, but also for the housing market in general. If you didn't catch July's Housing Data Reports, the housing market is showing a steady increase in "Median Sale Price" which is carrying over to the fall.

Be prepared for these numbers (and the temperature) to dip slightly in the coming months for the winter season, but it is great to see the housing market making both consistent and healthy growth.

2014 Scarecrow Classic 5K

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Barrett Sotheby's International Realty sponsored the 2014 Scarecrow Classic 5K held Sunday, October 19th. This popular run winds through scenic roads, fields and trails in Lincoln MA. The proceeds benefit the Lincoln Land Conservation Trust which manages over 2000 acres of land and 80 miles of public trails; and is one of the oldest land trusts in the country.

Great Events Around Our Towns

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It's a glorious time of year to live in New England! Here are some fun local events to spice up your fall

Nashoba Valley Winery Bolton NVW offers a unique "Vine to Wine" series where guests can see how wine is made from start to finish. Dates for this year's seminars are October 12th, 19th, and 25th. Call ahead to reserve your spot! In addition, they offer numerous seminars on wine tasting and other fun events in their restaurant serving unique American cuisine. http://www.nashobawinery.com/

Harvest Fair Newton Hosted on 10/18 and 10/19, the town of Newton invites any and all to enjoy the riches of fall! With numerous performances to choose from, it's the perfect place to enjoy face painting, sand art, ethnic and American foods along with so much more! For more information go to: http://www.newtoncommunitypride.org/harvest-fair.html

Looking for something a bit more active? Try the:

Sudbury Halloween 5k and Fun Run Sudbury The fun takes place on Sunday, October 26, with the 5k ($27) going off at 11 and the Fun Run ($12) at noon. What better way to bring in the seasons than with a nice run through one of Massachusetts most beautiful towns! Register by October 3rd to be guaranteed a shirt. More info here: https://sudbury.ma.us/recreation/2014/08/30/sudbury-halloween-5k-1-mile-fun-run/

Battle Road Trail Lexington/Concord 978-369-6993 This five mile trail highlights the battle of April 19, 1775 and is free to walk. Walk in the shoes of those who fought in the battle which began the American Revolution. Accessible from any point, see a complete map of the trail: http://www.nps.gov/mima/planyourvisit/upload/MIMA%20Park%20Map.pdf

Not in the mood for a walk? Try the Lexington Liberty ride!

Liberty Ride Lexington/Concord For more information: 339-223-5623 Rather than walking, a classic trolley takes you down Battle Road. 90 Minutes in duration, the trail highlights historic sites and attractions throughout the tows.