By Home Center Sotheby's International Realty on September 2, 2010
Introducing the South Shore to the World;
the Relocation Powerhouse
With unparalleled reach, Sotheby’s International Realty attracts clients from our 24 area offices (annual sales in excess of $1.3 billion) and from our strategically placed US offices as well as our worldwide collection of 480 offices in 39 countries.
Kerry Phelan O'Dea
Heading up this division for Home Center Sotheby’s is our international expert, Kerry Phelan O’Dea. Widely travelled and fluent in several languages she has recently obtained the coveted Worldwide ERC affiliation. This means that we can better present your homes not only to the local market but literally the world!
Worldwide ERC® conducted a 5-question Pulse Survey of Corporate members in the first week of May 2010 to take a snapshot look at what organizations are experiencing with regard to their present day relocation volumes as well as the relocation benefits being provided. Nearly half (47 percent) of employer members indicated that they are presently relocating a somewhat or significantly increasing number of current employees, while only 19 percent report relocating a decreasing number. For half of corporations, new hire transfer volumes have remained the same, an additional 35 percent report increasing numbers. Of the 864 Corporate/Government member organizations invited to participate in the online survey, 165 responded—a 19 percent response rate. Data pertains to employees relocated domestically within the U.S.
For more information, contact Kerry at 781-749-8833.
Posted in In the News, Relocation, South Shore Towns | Tagged Cohasset, Hingham, Local Expertise, real estate, Scituate, Sotheby's International Realty, south shore
By Bob Mitchell on August 25, 2010
Have you read a lot in the local press about the July 2010 home sales figures being down from last year? Is there really a “Plunge” and a “Sharp Drop Off”?
I think the reporters have fallen victim to a common error when looking at statistics; failure to take a broad enough view. While same-month-different-year data comparisons can be interesting, they can also be deceptive. Are there variables that skew the data for example?
There was the much ballyhooed $8,000 tax credit. What was the effect of that? Could it have “pulled” home buyers who would have bought in June and July into the tax credit qualifying months earlier in the year?
Look at the numbers. In the first seven months of 2009, there were 19,835 single family homes sold at a median price of $280,000. During
the same period in 2010, including the problematic month of July, sales ROSE by over 12% to 22,314 and the median selling price went up almost 7% to $300,000.
So, it looks like there was a “pull ahead” in home sales earlier in the year which did have the effect of lowering July sales volume but it is equally true, and perhaps more important, that real estate so far this year has not suffered but in fact is growing quite nicely.
Also, keep in mind that this data is for all of Massachusetts. Our local market is more robust with higher property values, of course.
For more information on South Shore real estate, to discuss the value of your home or to receive professional advice on purchasing property, please send me a note via email or call 617.510.5106.
Thank you,
Bob Mitchell
Posted in In the News, South Shore Towns | Tagged Cohasset, Hingham, Local Expertise, New Home buyer credit, Real Estate Sales Trends, Sotheby's International Realty, south shore, Tax Credit
By Bob Mitchell on August 24, 2010
Gail Petersen Bell
Gail Petersen Bell, President and Owner of Home Center Sotheby’s International Realty was recently featured in an article in the Patriot Ledger, Quincy’s daily paper.
Commenting on the spurt of activity in the home market for properties over $1 mil, Bell was quoted as saying “There was a huge pent-up demand. Last year people even in that price range were still waiting.”
Leger reporter Steve Adams noted that “Between Jan. 1 and mid-August, sales of million-plus homes increased 37 percent statewide compared with the same period last year, according to the MLS Property Information Network.
On the South Shore, Hingham has been the epicenter of the high-end revival, with 28 homes priced above $1 million changing hands this year.”
“The relocation market has been a bigger factor in 2010 than in 2009 in generating a new source of buyers,” Sotheby’s Bell said.
“Boston has been an attractive region for relocation clientele, and this past year there have been a lot of changes in business plans and people have moved into the area,” Bell added.
Gail Bell can be reached at the Sotheby’s Hingham office at 781-749-8833.
Posted in In the News, South Shore Towns | Tagged Cohasset, Hingham, Local Expertise, real estate, Real Estate Sales Trends, Sotheby's International Realty, south shore
By Bob Mitchell on August 23, 2010
On Thursday, August 26th at 6:30 the non-profit Friends of Bare Cove Park Fund will benefit from the proceeds of the End of Summer Road Race. There’s a shuttle bus from the train station starting at 4:30, a raffle for a $600 bike and a post-run meal featuring pulled pork and hot dogs.
For all the details, click here.
Posted in In the News, South Shore Towns, Uncategorized | Tagged End of Summer, Hingham, Sotheby's International Realty, south shore
By Bob Mitchell on August 22, 2010
Congratulations to the South Shore Conservatory on its 40th Anniversary. The celebration was highlighted by its “Evenings Under the Stars” series of musical performances.
Jean Morse Jones
Introducing “Beguiled Again”, the music of Rodgers and Hart was Conservatory Trustee and Home Center Sotheby’s agent Jean Morse Jones. According to Jean; “As a community school for the arts, community is at the heart of what we do. We create community through the arts, and we continue to be a vibrant part of the larger South Shore community as a contributor to its culture and quality of life. That is why we will take the next year to celebrate our 40th anniversary. From summer 2010 through summer 2011, we have esigned and designated a variety of events as 40th Anniversary Celebrations. This year-long celebration will offer many opportunities for our Conservatory friends and family to participate. The 40thAnniversary events include Evenings Under the Stars and Duxbury Music Festival concerts, family arts festivals, student and faculty recitals and concerts, a children’s opera and more. Each event will celebrate the importance of music and the arts in our lives.”
Emily Browder, Lorna Jane Norris, Beth MacLeod
Opera by the Bay favorites George Cordes, Neal Harrelson, Lorna Jane Norris, Beth MacLeod, Emily Browder Melville and Randy McGee as they presented a compilation of the smash hit team Rodgers and Hart. Guaranteed to put a smile on your face and a song in your “hart”, this evening of fabulous music left everyone wanting more.
To contact Jean about real estate on the South Shore call her directly at 617.435.6899.
For information on Home Center Sotheby’s International Realty contact Bob via email or call 617.510.5106.
Posted in In the News, South Shore Towns | Tagged End of Summer, Hingham, Sotheby's International Realty, south shore
By Home Center Sotheby's International Realty on August 11, 2010
The Cohasset office of Home Center Sotheby’s announces another in its series of artist shows.
This Friday evening, August 13th a reception will be held from 7:00 pm to 9:00 pm at the Home Center Cohasset office, One South Main Street, to present the work of local artist Kurt Weiser. Come and meet the artist, view his work and, perhaps, find something to grace your home or office walls.
The work will be on view through September 12th. For more on the artist and his work in pastels, please click here.
To contact us please call 781-383-8835 or stop by our One South Main Street office Monday through Saturday 9 – 5 and Sunday 10 – 4.
The Home Center Sotheby’s International Realty Team
Posted in Art, In the News, South Shore Towns | Tagged Art, Cohasset, Hingham, Scituate, Sotheby's International Realty
By Home Center Sotheby's International Realty on August 9, 2010
Here at Home Center Sotheby’s we pride ourselves on offering the most professional services to our buyers and sellers. That includes a careful analysis of the local market at the time we list the property as well as on an on-going basis. Our hard work pays off for our sellers in solid results.
Thus far in 2010, we have listed and sold eight properties in just one month or less time! In addition to that, we participated in the sale of three additional properties. Bringing a property to market and then securing a buyer quickly requires in-depth knowledge of the local market.
Sure, the market is challenging but that just means our smart pricing is even more essential to savvy sellers.
When you are looking for assistance in buying or selling real estate, please consider giving us a call!
The Home Center Sotheby’s International Realty Team
Hingham ~ 781-749-8833 Cohasset ~ 781-383-8835
Hull ~ 781-925-8835
Posted in Home for Sale, Sold, South Shore Towns | Tagged Cohasset, Hingham, Hull, Local Expertise, south shore
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Cohasset ~ 781.383.8835 Hingham ~ 781.749.8833 Hull ~ 781-925-8835