Arlington real-estate agent Adam Rosenbuam started his column called "Gimme Shelter" at YourArlington in the spring of 2008.

Now he has a blog by that name, and this site welcomes its link, where you can keep up with this guy's jazz as well as his occasional posts, below:

Gimme Shelter columns from November 2010 and before

It’s b-a-a-a-ack. Arlington’s best real estate summary returns. 

However, before we take a look at the fall market, I must mention interest rates. I anticipate that they will trend up.

Until now, rates have been extraordinary low, artificially so, and will be going up at some point, probably soon. Most buyers are assuming that they can get a fixed rate in the low 4s and in many cases are just waiting to pull the trigger.

It should be noted that interest rates have been in the low 4s for the last six-plus months.

When rates do increase, I won’t be surprised to see a flurry of activity as competitive buyers try to lock in a low rate. The rule of thumb is that for every one-quarter-point rise in interest rates, the monthly payment increase is about $18. So if rates increased from 4.25 to 4.5% on a $100,000 loan, the monthly increase is $18. On a $200,000 loan, the increase is $36 per month, on $300,000 the increase would be $44.  

Over the 20 to 30 years of the mortgage, that extra fraction can translate to big bucks.

From Labor Day (Sept. 7) to Nov. 3, 60 properties have been sold in Arlington, with another 51 currently under agreement (UAG).

The average 2010 price in that time period, for single-family homes was $539,000, and they sold in an average of 21 days. Very impressive!

In 2009, during the same period, the average price was $468,000 and were about 57 days on market.

That’s a very healthy 15-percent price increase and a 37-percent decrease in the time required to sell. Therefore, when you hear the media dissing the real estate market, remember that all towns are not created equal. Arlington Rocks!

Address   Sale Price  List Price   Days on Market

SINGLE FAMILY (26)

180 Charlton        335k       359k              7

11 Nourse           390k       379k             5

67 Scituate         400k       395k             5

244 Florence       376k       399k           42

2 Governor          418.4k     419.9k           3

49 Candia           455k       439k             4

14 Oakland         442.5k     449k           22

189 Everett         470k       469.9k           3

204 Renfrew        486k       489k            5

100 Dow             480k       499k           12

172 Waverley      509.2k     499k            5

104 Waverley      490k       499k           18

57 Colonial         485k       499k           29

33 Montague       500k       499.9k           6

14 Winthrop        484.9k     499.9k         50

24 Hathaway Cir  536.5k     525k             4

57 Fountain         529k       529k             4

156 Mt. Vernon    581.9k    572k             5

52 Hillsdale       587.5k       599k           67

88 Glenburn      621k          619k             5

6 Morningside    655k         649k            17

3 Osceola Path  648.5k      649k           12

78 Dow             651.7k      668.8k         83

19 Sheraton Park  766k      749k           28

8 Knowles Farm   746k       759k           24

68 Gray               975k 1,075,000          74

CONDOS (30)

60 Pleasant, u209   123k       139.9k          32

125 Pleasant, u202 160k       169.9k         123

53 Appleton, u2      179k       179k            229

34 Hamilton, u404   254.9      259.9k           26

18 Hamilton, u405   252k       265k             70

1059 Mass, u3       319.5k     319.9k        120

11 Bow                  315k       319.9k        100

18 Hamilton, u504   321k       324.9k         33

34 Foster               325k       325k             4

26 Rockaway         312.5k     325k          113

69 Decatur            309k        325k            55

106 Milton             315k        329.9k          9

1 Watermill Pl, u111 325k      330k           85

42 Grafton             320k        330k            93

21 Albermarle        339k        339k            50

58 Beacon             338.5k     339k           19

20 Magnolia           350k        360k           86

28 Dartmouth         355k        369.9k        75

88 Beacon             377k        409k         153

72 Marathon          420.5k     427k            21

12 West                465k       469.9k        131

34 Melrose            467.5k     469k           14

12 Walnut Ct.        545k        549.9k         9

6A Bacon              560k        569k         118

18 Water, u2         575k        599k           49

81 Jason              585k         599k           19

132 Webster        592.5k      599k             8

18 Water, u3        600k        619k            52

55 Winter            675k        665k              5

21 Oak Knoll       807k        816.5           54

MULTIFAMILY (4)

9-11 Purcell         440k       459.9k        122

85 Paul Revere     460k       470k          124

29 Trowbridge       576k       559k             3

16-18 Orvis           600k       600k  0       197

Got a question?  Ask me, the first name in real estate, Adam Rosenbaum at Century 21 Adams. www.adamrosenbaum.com  617-694-8553  (cell).

[The following was published in 2009.]

As leaves fall, sales rise

Unlike the leaves, which have fallen, the Arlington real estate market has not.

In fact, compared to last year -- from Sept. 8 (day after Labor Day) to Nov. 17 -- there has been a strong increase in sales in all categories -- singles, condos, and multis. Check this out: for those 10 weeks, 39 single-family homes were sold, as well as 39 condos and 10 multis. These numbers represent increases of 25%, 39% and 100%, respectively. The sale price to listing price remains a robust 97% to 99%.

The figures once again send the message that all real estate is local, and in this town, the market is healthy. 

Inventory is good (100 properties), rates remain low (5%) and the tax credit has been extended to April 2010.  A new wrinkle is that sellers can now get a federal the tax credit of as much as $6,500.

Here is the latest and greatest comprehensive listing of properties and their sale prices:

Address                 Sale Price        Days on Market (DOM)

39 Single Family

61 Freemont             260,000           41
69 Sunnyside            252,000           74
39 Sunnyside            310,000          213
7 Michael                 310,000          225
30 James                  340,000           18
24 Clyde Terrace      354,000           29
110 Robbins             360,000           43
115 Spring               342,000            68
60 High Haith           370,000           35
21 Longmeadow       415,000           10
24 Thesda                399,000           13
47 Sutherland           390,000           33
22 Lanark                406,500           16
90 Richfield             400,000           47
175 Newport           421,533             5
14 Mead                 412,500           17
16 Aerial                 430,000             8
68 Grandview         430,000             9
319 Lake                439,900           39
34 Bates                 350,000         231
71 College              481,000             5
56 Crosby              460,000              4
439 Appleton          429,000            14
170 Pheasant          490,000            18
161 Mt. Vernon      462,500            16
36 Old Mystic        485,000            28
20 Oak Knoll         463,340           111
235 Ridge              488,000              5
30 Florence            530,000             8
111 College            525,000            81
20 Piedmont           550,000             5
38 Woodbury         550,000            25
57 Fisher                630,000             6
66 Park Ave Ext     577,500          102
16 Colonial            630,000            40
36 Eliot                  655,000          137
9 Mill                    685,000          120
44 Churchill           687,000             5
35 Wall                  835,000           25

39 Condominiums

9 Colonial Village #3 167,000           82
125 Pleasant            189,800           43
3 Colonial Village #3 195,000           51   
51 Appleton             211,000          129
114 Pleasant #102    209,000           38
125 Pleasant #301    216,000           12
995 Mass Ave.         243,000           18
1 Watermill Pl.         252,225           40
34 Hamilton #304     255,000           13
38 Beacon               280,000            36
35 Argyle                289,000            39
125 Paul Revere      290,000            54
157 Madison            300,000           18
975 Mass Ave          292,000          229
1 Watermill Pl.         305,000           50
106 Milton               300,000          104
44 Amsden              311,000            42
34 Hamilton #409    324,500           111
990 Mass Ave.        324,000             41
82 Webster             340,500             16   
79 Harlow              325,000             41
15 Field                 360,000              16
990 Mass Ave.       333,000            323
19 Silk                   339,000            102
46 Amsden            370,000              13
42 Russell              380,000             93
39 Henderson        380,000              35
1 School                382,500              24
15 Thorndike         390,000              32
110 Paul Revere     450,000             81
52 Wyman Terr.    487,500              11
15 Newport           482,000              11
88 Summer            490,000             50
91 Newland            514,500            111
89 Newland            510,000              94
4A Bacon               575,000              84
6-8 Brattle Lane      590,000              90
10-12 Brattle Lane   590,000            120
71 Crosby               641,000              25

10 Multifamily

18-A Reed               300,000              1
139 Thorndike         366,250             54
9 Fessenden             405,000           364
26-28 Trowbridge     555,000              5
63 Park Ave Ext.      488,000            86   
64-66 Newport         563,500              2
128-130 Palmer        580,000            13
179 Franklin             560,000            22
19-21 Exeter             555,000            28
37 Alton                   585,000            25

Market stays strong in summer

Although the weather was dreary in June, the Arlington real estate market remained sunny and hot. Check this out. From June 1 through 30, an amazing 71 properties went UAG (under agreement) with an average days on market (DOM) of 42 for single-family houses.

That, my friends, is hot. The figures again send the message that all real estate is local, and in this town, the market is robust. Inventory is good (116 properties) and rates remain low (5.25%).

Here are the latest and greatest!

Address          Asking Price    Days on Market (DOM)

32 Single Family

14 Marrigan            209k            3
8 Marrigan              209k            5
10 Marrigan            309k            5
116 Thesda            353k            41
11 Edmund            369.9            8
110 Robbins           379.9k        42   
185 Summer          385k            41
33 Laurel               399k            12
261 Hillside            419k            21
39 Virginia             419k            5
31 Inverness          419k            23
159 Park Ave. Ext  419.9k         28
27 Janet                 439k             8
7 Wigwam Cir.       460k            38
42 Hancock            479k            57
27 Brand                484.9k         38
32 Carl Rd.             485k           45
182 Highland          499k             4
39 Greeley Cir.       499.9k          4
21 Berkely             519.9k         32
175 Park Ave.        529.9k         43
27 Tower               529.9k         34
70 Fountain            559k             4
37 Hemlock            559k            23
3 Inverness             560k            24
62 Richfield            569k              4
410 Ridge               574.9k        291
338 Park Ave          575k          179
22 Elmore               639k            45
243 Lowell              679k            43
148 Charlton           699k            85
1 Farmers Cir.         719k          104
26 Tomahawk         749.9k           7
19 Frost                  789k            18
38 Russell            799.9k          117

22 Condominiums

15 Arizona Ter, #2  135k            330
60 Pleasant #109     173.9k           53
995 Mass Ave. #103  174.9k         58
49 Appleton              239k             95
1 Watermill Pl . #228 259k            44
24 Prescott               279k            26
130 Mass Ave. #3     279k            32
15 Mt. Vernon          314k          344   
130 Mass Ave. #6     319k            31
79 Crescent Hill        324.9k         19
20 Magnolia             327.5k         52   
18 Hamilton #501     339.9k         43
18 School                359k            28
12 Fairmont             359k              4
14 Wellington Cir.    359k            29
138 Lake                 389.9k         62
69 Windsor              389.9k         36
1 School #404          395k             4
110 Medford            395k            13
49 Decatur               399k          139
72 Mt. Vernon          399k            93
154 Brooks              399.9k         19
140 Highland            419k             9
33 Milton                 424.9k         45
98 Melrose               425k             6
15 Jason Ter.           429k            45
22 Grafton               439k            28
77 Grafton               439k            44
65 Newport              510k            72
73 Medford              589.9k          60
10-12 Brattle Ln        619.9l          69

4 Multifamily

9 Fessenden            459.9k            364
19 Foster                540k               125
37 Alton                 625k                 25
77-79 Everett          669k                26

Get 'em while they're hot

And I'm not talkin' pretzels or Fenway franks. We're talking housing, all kinds and at all prices.

In the 10 days after May 1, 33 properties went UAG (under agreement). That's simply astounding. So if you have questions about how the local housing market is doing, rest assured, it's sizzling!

Lots of inventory, low interest rates, and an $8,000 tax credit for first-time home buyers make it an excellent time for buyers. For sellers, there is a large pool of ready, willing and able buyers just waiting to pull the trigger.

Quite a few houses and condos (nine) have sold in less than a week, some with multiple offers. Whether you are a buyer or a seller, it's hard to beat the current environment. I anticipate that these positive conditions will persist through the spring. Here is the latest:

AddressAsking PriceDays on Market (DOM)

18 Single Family

83 N. Union 369k4

43 Oak Hill389k5

57 Hodge399k4

28 Dickson399k139

189 Oakland419.9k4

280 Appleton429.9k31

139 Lake449k2

187 Overlook469k50

27 Fountain469k19

19 Arnold479k11

49 Alpine489k8

145 Wachusett499k7

53 Upland Rd. West569.9k16

6 Stevens Ter.589.9k5

26 Cliff639k14

19 Wyman669k22

35 Beverly699k43

10 Hillside850k45

14 Condominiums

2 Colonial Village #2149.9k46

12 Pond Lane153.7k5

18 Hamilton #206219k12

128 Paul Revere #3285k31

990 Mass Ave339k245

16 Osbourne345k21

11 Varnum #3359k9

43 Menotomy365k4

45 Fairmont389k96

40 Brattle #8415k723

12 Wellington429k154

15 Jason Terr429k12

110 Paul Revere565k16

30 Russell Pl.587.9k45

1 Multifamily

31-33 Amherst.439k32

Spring thaws housing market

Ah, spring is here. After surviving a tough winter, the local real estate market is thawing out. Case in point: During the period from Feb. 22 until March 23, 36 properties have gone under agreement in Arlington.

That's more than one a day and more in keeping with what we typically see in Arlington.

The newly passed financial stimulus offers an $8,000 tax credit for first-time home buyers for purchases made before July 1, 2009. It is not a loan, but a true tax credit. Good news for both buyers and sellers alike.

For comparison purposes, during the same period, Belmont has seen 18 properties go UAG, Winchester 13, Somerville 43 and Cambridge 47 (42 condos). The reasons for this increase in market activity are better weather, low interest rates hovering around 5% and the significant fact that first time home buyers are receiving an $8,000 tax credit (contact me for details).

Add it all together, and one sees that the usual spring market phenomenon is holding true. Buyers are out in force looking to get into the market and sellers feel that now is the time to put their house on the market.

As evidence of Arlington's strong housing market, the average days on market (DOM) for the 15 single family houses that went UAG was a very short 26 days.  Seven actually sold in less than a week.

Here is this month's roundup.

Address        Asking Price    Days on Market (DOM)

15 single-family

114 Hemlock379k79

11 Regis399.9k5

70 Alpine429k18

44 Dickson375k5

31 Cedar599k14

16 Orchard Pl.369k7

148 Crosby569k25

99 George429.9k5

181 Newport.489k36

343 Ridge464.5k5

9 Littlejohn419.9k4

78 Kensington599k22

65 Walnut549k5

92 College549.9k140

100 College589k28

19 Condominiums

12 Pond Lane199.5k210

56 Mystic #3279.9k75

1 Watermill Pl. 259k171

46 Mary289.9k8

975 Mass Ave #209289k194

975 Mass Ave. #405319k25

1 Watermill Pl. #421319.9k125

50 Brooks #1399.9k12

30 Harvard305k4

60 Amsden349.9k7

1 Watermill Pl. #326299k144

32 Hopkins399k158

62 Amsden369.9k5

25 Melrose439k2

7 Melrose437.5k124

13 Highland495k6

22 Grafton435k9

71 Broadway299k14

31 Windermere464.9k28

2 multifamilies

29-31 Mary St.569.9kk5

57-59 Orvis674k5

15-17 Thorndike549.9k66

Gimme Shelter: Market heartens after tough month

From the beginning of the new year until Feb. 22, or approximately seven weeks, 21 properties have gone (UAG) under agreement. This represents a smaller than expected number. I attribute this mostly to the horrible weather of January and February, which appears to have adversely affected the inventory of properties available.

Rain, snow, ice and cold temperatures are not conducive to going out and seeing real estate, nor does it make sellers want to put their house on the market. But the good news is that in the past week, we have seen six new single-family houses, five new condos and one multifamily house come to market.

I anticipate a strong "spring market" with many more properties coming to market, as well as a myriad of buyers, especially first time home buyers who have seen prices come down and mortgage rates currently stable around 5%.

As evidence of Arlington's strong housing market, in the past month, I have seen multiple offers on both single-family houses and condos. If a property is in good condition and priced right, there are frequently multiple buyers and offers (overasking price is typical in these situations).

Address            (Asking Price)        Days on Market (DOM)

9 single-family

19 Brunswick                338k                   56
339 Mystic                    699.9k                44
88 Webcowet                650k                 258
179 Newport                   349k                    97
93 Waverley                 739k                    79
25 Crosby                    379k                    15
42 High Haith               549k                      9
6 Grandview                449k                      7
3 Robinhood Road       975k                    10

9 condominiums

57 Winter St. #2          689.9k             158
58 Mary                      329k                117
11 Varnum                  324.9k               60
114 Pleasant                 279k                  71
10 Marathon                399k                  42
990 Mass Ave. #54        179k                  36
108 Highland                 375k                  19
2 Colonial Village #11  169k                   4
42 Pleasant                 359k                106

3 multifamilies

19 Foster                   514.9k               98
190-192 Mystic Valley  589.9k               71
15-17 Thorndike         549.9k               66

Reviewing 2008, looking ahead: Arlington prices fell 3%, while statewide drop was 10%

An Arlington real estate agent, Adam Rosenbaum, provides an update about homes for sale in town that have gone under agreement, the asking price for each and how many days on the market. The following are his comments.

As an Arlington realtor and long time resident, I'm always surprised just how much interest there is when I'm talking with people about real estate.  It doesn't seem to matter if they are “in the market” or not.

In lieu of providing the usual monthly data on those properties that have gone under agreement, I thought it would be beneficial to present the Arlington "2008 Year in Review."  It just might surprise you; it surprised me.

As I have been saying over the past six to nine months, we have definitely seen prices come down. How much? According to MLS (Multiple Listing Service), the average decline for all types of properties (single-family, multifamily and condos) from 2008 to 2007 is 3% in Arlington. If you were to believe the gloom-and-doom naysayers in the local and national media, you would have expected a much bigger drop. For comparison statewide, the price decline for same period is 10%. That's quite a difference and reflects the strength of the Arlington market. 

In terms of the total number of units sold, Arlington has seen a year-to-year decrease of 15% (557 to 468) compared to a 12% (62,569 to 55,247) statewide decrease. Reasons for that are varied, but I hypothesize that many Arlington homeowners believed that prices will indeed come back and are willing to wait for the rebound. Over the past decade, Arlington has been remarkably stable in both prices and in the number of transactions. .

Here is a sample breakdown of single-family homes. Comparing 2007 to 2008, there was a 22% decrease in the number of Arlington single-family homes sold (281 to 218). Yet the average sale price remained practically identical, $513,000 in 2007 and $511,000 in 2008. Statewide, there was a 13% drop in the number of single-family homes sold, 39,655 to 34,525. However, year to year, there was a price decrease of $40,184, (431,912 to 391,728). That represents a 9% decline in sale price statewide. 

Buyers and sellers alike frequently ask me the outlook for 2009. I usually preface my response with a disclaimer that I am not a prophet, nor a forecaster, but, as I see it, if mortgage rates stay low, and the economy stabilizes, 2009 should be a solid year. Right now, I see uncertainty paralyzing the market. 

Buyers are worried about their jobs, so low mortgage rates don't seem as relevant. Sellers know that their homes are worth less than a couple of years ago (but not by that much) and are reluctant to cash out at a loss.

However, if you have owned for longer than five years or so, you probably have a tidy appreciation. Many buyers are playing the waiting game, waiting for the perfect home, waiting for prices to drop even further, waiting for rates to go even lower.

I typically advise buyers to focus on the property that they are considering as a home, not as an investment to be sold for a profit in a year or two. At the proverbial end of the day, a warm place to call your own and that makes you happy is the bottom line.  

Arlington's schools, culture, shopping, restaurants, services, parks, and of course location, all combine to keep the town highly desirable. I expect that to continue and Arlington real estate to benefit as well.

Nov. 19 from Oct. 10, 2008

Everyone seems to be curious. Whether it's to assess their own houses'alue, pure neighborly curiosity, or perhaps to take the pulse of the town, real estate has a definite hold on people's consciousness.

So as a public service, and admittedly in my own interest, I am happy to start bringing you an update on properties that have gone under agreement (UAG) every three or four weeks. I've chosen UAG's (as opposed to SOLD) properties because UAG's represent what is happening NOW in Arlington's real estate market.

Over the past four weeks (10/19-11/19) 24 properties have gone under agreement.  That is a little less than one day.

Surprisingly, the number of single family homes, 15, increased from 11 the previous month.  Condos decreased from 11 to 9 and multis from 6 to 2.

Days on market (DOM), a critical gauge of the markets health, remained approximately the same, 54 days for single-family homes compared to 52 for the previous period. For comparison purposes, Woburn has 68 single family homes on the market with an average DOM of a whopping 160 days.

How I see it: No market likes uncertainty, and that includes the real estate market. It puts both buyers and sellers in a position of not knowing; not knowing about pricing, not knowing about job stability, not knowing about security, and the list goes on. But Arlington continues to march against the tide. People want to live here.

However, I have seen prices come down some. Mortgages are obviously harder to get, and banks are being stringent in their assessments. Not being a prophet, I cannot say what the new year will bring, except to say that Arlington, more than likely, will continue to be one of the stronger real estate markets.  (**Factoid of the month: three houses sold for over asking price.)

Address            (Asking Price)        Days on Market (DOM)

15 Single-family houses
    19 Brunswick            338,175            56
    51 Lowell                  399k                18
    216 Park Ave..          399k                  5
    28 Overlook              465k               131       
    231 Ridge                467.5k             115   
    18 Hawthorne          469k                    7
    14 Baker                 489k                 36
    18 Lorne                 499.9k             151
    160 Park Ave.        599.9k                 4           
    333 Washington        679k               17
    105 Robbins              687k              54
    339 Mystic              699.9k             44
    2 Beverly                 799k                58
    2 Ortona                  799k                 7
    2 Farmer                 849k              109

Average List Price            576k        Avg. Market Time    54

7 Condos
    15 Arizona Terr. #4 115,500            21           
    10 Lanark #2           299.9k             31
    12 Thorndike           375k              120
    30 Hopkins             399k                18   
    41 Alton                 424.9k              33
    7 Melrose               439k                 40
    264 Mass Ave         439k                  5

Average List Price            356k Avg. Market Time    38

2 Multifamily

    81 Cleveland              449k               1
    20-32 Hopkins            759k             32 

April 13, 2008 Globe story

Whether it's to assess their own houses' value, pure neighborly curiosity, or perhaps to take the pulse of the town, real estate has a definite hold on people's consciousness. So as a public service, and admittedly in my own interest, I am happy to start bringing you an update on properties that have gone under agreement (UAG) every two to four weeks. I've chosen UAG's (as opposed to SOLD) properties because UAG's represent what is happening NOW in Arlington's real estate market.

Over the past four weeks (9/15-10/15), 37 properties have gone under agreement. (see below) In the previous month, only 14 properties went under agreement.   In the face of recent turmoil in the financial markets, this figure is a pleasant surprise and once again illustrates Arlington as a real estate oasis.

Simply put, people want to live here. Prices have come down some, but we are still seeing multiple offers on well-priced properties. I've had a surge in calls this past month from both buyers and sellers wanting to discuss real estate matters. Their motivation has been a desire to shift from the dramatic volatility in the markets to the tangible and more stable asset provided by owning real estate.

Address            (Asking Price)        Days on Market (DOM)
19 single-family houses
    58 Alpine              379k                84
    324 Appleton        395k                25
    28 Clark               399.9k             17
    245 Oakland        415k                  4
    133 Park Ave       419.9k              50
    54 Summit          439.9k              24
    29 Ridge             449.9k              68
    15 Inverness        450k                  6
    75 Dothan           459k                26
    21 Walnut Terr.   489k                   5
    18 Lorne             499.9k             144
    116 Hillside         519k                 6
    265 Pheasant      539.8k           139
    112 Hutchinson    609.9k           134
    119 Hillside          659k                 5
    10 Campbell         749k               36
    33 Academy         799k               42
    2 Beverly              799k               58
    37 Adamian Park 1,089k            247

14 Condos
    40 Westminster   189k              136
    480 Summer        324.9k             16
    11 Quincy            330k              115
    10 Lanark             339k                 6
    69 Webcowet       349k                 5
    990 Mass Ave #75  349k              53
    228 Broadway       355k             127
    9 Mott                  379k             131
    1 School #407      385k                 3
    40 Brattle #12       419.9k          628
    26 Milton              429k              71
    40 Brattle #3         439.9k          627
    77 Bartlett            448k              89       
    20 Everett            459k              25

4 multifamily
    110-112 Medford  479k              32
    14 Lake St.         565k              42
    13-15 Adams       649.9k            5
    47 Robbins          699k               6

Aug. 8 from July 8, 2008

Over the recent four-week period (7/8-8/8), 43 properties have gone under
agreement.  The 28 single-family houses went under agreement in a very
quick 31 Average Days on Market (DOM). Condos in a slightly longer 42
DOM.  These figures are indicative of a still very strong market.  I
know of one single family near Spy Pond that received seven offers in
the first week.  Rates are still relatively low, and the buyer pool
seems to be holding strong.  If you haven't heard, there is a now
$7500 tax credit that is being offered to first time buyers, ask your
lenders.

36 Single-FamilyAsking PriceDays On Market (DOM)

28 Single-family houses
      80 Browning Rd                      349,900                   2
      6 Heard Rd.                             374,500                 42
      75 Piedmont St.                     389,900                  61
      42 Mt. Vernon St.                   399,900                  17
      84 Wright St.                          405,000                 22
      61 Dothan St.                        409,900                 64
      182 Lowell St.                      424,000                    5
      477 Appleton St.                  435,000                 23
      356 Park Ave.                       439,000                 19
      9 Crescent Hill Ave.            439,000                 91
      103 Brand St.                       439,000                 5
      23 Sawin St.                         439,900                 4
      59 Teel St.                            444,900               32
      118 Hemlock St.                 455,000                90
      7 Regis St.                           479,900                  5
      15 West St.                          485,000                79
      12 Wyman St.                      489,900                  7
      231 Ridge St.                      497,500                16
      201 Appleton St.                 499,000                22
      40 Greeley Circle               529,000                 38
      144 Scituate St.                  529,000                   5
      19 Virginia Rd.                    529,000                   5
      63 Coolidge Rd.                 549,000                   8
      15 High Haith Rd.               549,900                  4
      167 Park Ave.                       599,000                46
      11 Rockland Ave.                759,000                 66
      28 Hillside Rd.                    815,000                 49
      74 Spy Pond Parkway        849,000                 41

13 Condos
      12 Colonial Village #8      210,000               144
      20 Hamilton Rd. #301      210,000                 46
      12 Wellington St. #3          309,900                   8
      990 Mass Ave. #42            329,000                 14
      128 Thorndike St.              339,000                    4
      73 Broadway #3                 339,000                   6
      36 Lafayette #1                   339,000               136
      112 Park Ave #1                 347,500                  20
      56 Hilton St.                        385,000                     7
      61 Palmer St.                      399,000                 42
      34 Lafayette St.                   425,000                 19
      38 Lafayette                         435,000                 89
      105 Pleasant                      439,000                 15

Multifamily
      23 Laurel St.                        437,500                    4
      180182 Medford St.            529,000                 95

In the seven plus weeks from May 19 until July 8, 96 properties have gone under agreement (UAG). This is indicative of the strong late spring market heading into summer that has seen approximately two properties per day go UAG. I anticipate somewhat of a slowdown in the dog days of August, but with rates still low, the buyer pool continues to be surprisingly good. As evidence, I had 40 buyers come through a first open house at my new listing (now UAG) at 59 Teel St. in East Arlington. Here's the scorecard.

36 Single-FamilyAsking PriceDays On Market (DOM)

15 Lowell St. Pl.319.9k102

9 Henry329k23

281 Renfrew359.95

15 Golden Ave.360k89

88 Dothan St.379k29

272 Sylvia399.9k212

147 Mary St.399.9k29

140 Lowell St.399.9k12

42 Mt. Vernon St.399.9k17

49 Sunset Rd.420k16

442 Mystic St.429k35

356 Park Ave.439k3

136 Wollaston Ave.439k4

90 Rhinecliff St.439k3

5 Mayflower Rd.459k38

163 Crosby St.459.9k167

34 Ronald Rd.489k73

11 Whittemore St.489k17

57 Nicod St.489k5

89 Sunset Rd.489.9k3

5 Epping St.499k55

19 Edmund Rd.499.9k61

149 Newport St.499.9k0

58 Aerial St.559k4

16 Rockmont Rd.575k4

167 Park Ave599k38

6 Blueberry Hill Lane609k4

211 Pleasant St.625k49

114 Quincy St.639k19

192 Jason St.649.9k32

38 Harvard St.649.9k22

17 CheswickRd.689k28

68 Randolph St.729k5

15 Davis Ave.798.5k5

55 Condos

6 Colonial Village #4145k407

60 Pleasant St159k14

5 Arizona Ter.#311169.9k109

12 Arizona Ter. #6184.9k279

3 Colonial Village #2185.5k39

118 Broadway199.9k6

120 Broadway219.9k118

34 Hamilton Rd. #204249k14

1283 Mass Ave. #3269.9k116

1 Watermill Pl. #427279.9k16

47 Mystic St. #3E279.9k179

484 Summer St.285k86

57 Dorothy Rd.319k13

7 Bow St.324.5k71

12 Webster St.329k31

975 Mass Ave. #409329k9

1 Watermill Pl. #410339k30

65 Decatur St.339k297

18 Waldo Rd.339k38

7 Bartlett Ave.349.9k48

141 Medford St.354.9k9

170 Franklin St. #1359k3

18 Fairmont St.379k50

170 Franklin St. #2385k10

109 Milton St389k4

11 Varnum389k5

18 Chandler395k5

27 Everett St.395k64

94 Appleton St.399k95

185 Mystic St.399k2

63 Appleton St.399k34

61 Palmer St.399k42

21 Newport St.429k20

38 Lafayette St.435k85

105 Pleasant St.439k15

50 Brooks Ave.439.9k11

31 Chandler St.439.9k11

12 Egerton Rd.449.9k35

53 Lake St.469k27

9 Mott St.479k23

63 Appleton St. #2499k34

16 Chandler St.499.9k 5

16 Fairmont St509k46

77 Warren #B525k1

77 Warren #A525k2

77 Bartlett Ave.525k7

27 Elmore St.525k6

80 Thorndike St.529k23

11 Marion Rd.529k9

745A Mass Ave.617k83

9-11 Beacon St. #1625k2

9-11 Beacon St. #2639k3

169 Franklin St.649.9k61

.74 Park St.669.9k128

120 Thorndike St.679k3

5 Multifamily

19 Foster St.499.9k95

23 Pine St.595k55

89-91 Varnum St.629.9k24

44-46 Adams St.649k29

64 Churchill Ave.799k21

Got a question?Ask me, the first name in real estate, Adam Rosenbaum at Century 21 Adams. www.adamrosenbaum.com617.694.8553(cell)

Over the past two weeks (4/18-5/2), 29 properties have gone under agreement (UAG, see below).That is two more properties than the last two weeks sizzling numbers, or about two per day. Can you say HOT?

Address(Asking Price)Days on Market (DOM)

12 Single-family houses

• 284 Summer St.379k294
• 146 Rinecliff St..459.9k17
• 182 Newport St.590k47
• 70 Buena Vista Rd.499k8
• 59 Udine St.465k14
• 192 Hillside Ave629k4
• 123 Ridge St.479k4
• 417 Summer St..399k264
• 65 Henderson St.449.9k162
• 32 Kensington Rd.910k4
• 16 Avola St.745k11
• 135 George St.484k25

17 Condos

• 9 Colonial Village#3175.9k294
• 112 Decatur #3.219k18
• 18 Hamilton Rd. #508279.9k183
• 71 Paul Revere Rd.314k10
• 30-32Teel #1329k62
• 975 Mass. Ave. #505339k45
• 975 Mass. Ave. #506325k176
• 63 Broadway329.9k16
• 137 Westminister385k8
• 12 Water St. #1329k16
• 54 Melrose349.9k5
• 12 Fordham479k6
• 9 Irving St. #2445k11
• 35 Russell Pl.519k6
• 6 Highland #1539k23
• 14 Park St.689.9k43
• 55 Mt. Vernon639k2

Over the past 2 weeks (4/3-4/17) – 27 properties have gone under agreement (UAG, see below).That is 2.5 times the number of transactions from the previous 2 weeks., or about 2 per day. The market is sizzling.

Address(Asking Price)Days on Market (DOM)

13 Single family houses

• 100 Decatur325k46
• 2 Huntington Rd.389k164
• 133 Thorndike419k8
• 127 Winchester St..539k 4
• 148 Waverley St.574.9k2
• 333 Washington St379.9k57
• 51 Kenilworth.475k21
• 19 Webcowet Rd.525k7
• 29 Stonecroft Rd.429.9k4
• 205 Waverley St.499k9
• 33 Walnut St.499k4
• 234 Broadway879k16
• 6 Farmers Circle839.9k62

11 Condos

• 74 Mt. Vernon St. #3319k137
• 3 Cleveland St.329.9k34
• 85 Thorndike St.329.9k16
• 20 Magnolia #2319k11
• 12 Lowell St. Pl.355k32
• 19 Wyman Terr.379k5
• 30 Coleman Rd.399.9k19
• 64 Marathon St.349k9
• 99 Everett St. #2385k3
• 56 Hemlock69k75
• 112 Paul Revere Rd.489k44

3 Multifamily

• 142-144 Mystic Valley489k305
• 43-45 Pine St.549k18
• 69 Webcowet Rd.549k4

Over the past two weeks (March 19 to April 2), 10 properties have gone under agreement, about half of what was transacted during the previous two weeks.However, there are four additional properties that have accepted offers, but have not yet signed purchase-and-sale agreements.

AddressAsking PriceDays on Market

5 Single-family houses

• 4 Marrigan279k74
• 35 N. Union St,339.9k48
• 3 Ivy Circle460k5
• 204 Summer.489k47
• 30 Country Club Drive569k127

4 Condos

• 73 Park St.574.9k33
• 152 Pleasant St..739.9k8
• 42 Pleasant St. #2419.9k43
• 88 Summer St. #18524.9k39

1 Multifamily

• 46 Pond Lane430k43

Over the past two weeks (March 4 to 18), 20 properties have gone under agreement. The following is from Information is from the Multiple Listing Service:

AddressAsking PriceDays on Market

9 Single-family houses

• 69 Sunnyside279k70
• 6 Kennilworth365k3
• 2 Ortona399k33
• 100 Overlook Rd.437k5
• 73 Hathaway439k341
• 167 Charlton450k43
• 100 Oakland474k13
• 24 Pleasant View Rd.759k20
• 235 Pleasant St.839k32

12 Condos

• 993 Mass Ave, #209221k165
• 12 Pond Ln.249.5k148
• 126 Mass Ave #2299k 98
• 65 Highland Ave.334.9k7
• 50 Sherborn St. #1335k53
• 26 Harvard St. #1379.9k46
• 15 Varnum, A394k150
• 15 Varnum, B399k137
• 40 Brattle St. #5454.9k379

2 Multifamily

• 104 Rawson499k25
• 19 Allen579.9k2