Best Places to Live : Number Two in Country

This weeks Milton Market Update

• 2 New Homes on the Market
• 9 Properties Under contract not yet sold
• 7 Properties closed and paper passed
• The average Days on Market 74 for last week
• Average sale Price for the Past week is $427,000.00

Thanks to all the clients out there who time and time again referrer to us their family and friends. For Over 22 years we here at Kelley & Rege Properties have strived in providing the highest level of expertise and experience. Thanks again for making this possible

Best regards

From all here at Kelley & Rege Properties

There are still some good signs for Milton Real estate housing market.

Many People have there opinions on the state of the housing market in each town, but the easiest way to understand current and future condition is to monitor the movements in the real estate absorption rate. This is mathematically, this is the measurement of current housing supply divided by the current rate of sales, this gives you the mouths of supply. For Milton this number is going down there is as of January 12^th, 2012 per MLS service there is a 4 month supply for single family homes.

• Sellers Market: 1 to5 months supply of homes
• Neutral Market: 6 months supply of homes
• Buyers Market: More than 6 months supply of homes

This fact sheet contains important information for those who heat their homes with oil. By September 30, 2011, you must upgrade your home heating system equipment to prevent leaks from tanks and pipes that connect to your furnace. By making a relatively small expenditure now, you can prevent a much greater expense in the future.

http://www.mass.gov/dep/cleanup/laws/hhsl.htm

http://www.metro.us/boston/life/article/1006606--milton-is-in-the-money

Hi all today here is Milton per mls data we have a sellers market… there is only a 5.50-month supply of listing inventory here in town. What does that mean? Well if no more homes were to be place on the market for sale over the next five and half months there would be no homes to buy in Milton in 6 months….wow. Well if you are thinking of selling or need to move well now is a good chance you can sell your home and get what the market will bear. If you need a Price report free…. Call us or email 617-696-6100 paulrege@kelleyrege.com

In The last 7 Days from today 9/20/2011.... Two home a day are selling...

• Been 10 Homes have sold.
• 5 Under contract.
• Home are selling 99% of the Listing price.
• The Average sale price in Milton Today Is $543,000..

Congratulations to Lisa Remmes for joining the Team at

Kelley and Rege Properties in Milton.

Lisa graduated from Fontbonne Academy and also obtained her Bachelors degree in Business Management with a concentration in Marketing from the University of Massachusetts Boston.

Lisa has worked in the Financial Industry for 5 years. Lisa brings her education in Business, the South Shore and finance together to help her clients meet their real estate goals. Having great attention to detail and drive for success, Lisa takes the time to listen to her clients and make sure that their expectations have been exceeded.

Whether you are buying or selling, let Lisa be your Neighborhood Specialist

lisa5@kelleyrege.com

Only 5 units left Call Peter 617-839-4069 or Kathy 617-922-0527 for private viewing....

CNN Money... Milton is the Number two Best Places to Live in the counrty Money's list of America's best small town.

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Great Values, Great Rates, A Great First Time Buyers Program!

Buy a Home In Quincy! WHY?

We have partnered with a lender to provide a program that provides first Time homebuyers living or working in the city the last two out of five years with help to purchase their owner occupied one to four family house in Quincy

• Buyers are only required to have 3% of their own money

• Buyer can receive up to 2% of the purchase price of your home from the city of Quincy toward your down payment and/ or closing cost.

• Buyer will also receive the benefit of MIPLUS through Mass housing that covers the buyer in the event that they become unemployed during the first ten years of the mortgage.

• Buyers Maximum income $105,000

• The average check written by city of Quincy between $8,000 and $10,000!!!

Looking for details or need us to find you a home to purchase call us or email us

617-696-6100

paulrege@kelleyrege.com

In Today’s Real estate Market homeowners and Buyer have questions.

How do active selling prices compare to listing prices in my area?

How are Homes within a 5-mile radius selling?

Unsold homes in my area?

Where can I get answers to any pressing questions I may have?

We at Kelley & Rege Properties, Inc want to keep our past clients informed. Just go to www.miltonmasshomevalues.com this will work for any Town or City in Mass. Check it out! It’s Free service for our clients.