May Newsletter

Due to high demand and low supply of housing inventory, house prices and interest rates are expected to increase over the next 12 months and beyond. There is no indication either is coming down.

CoreLogic predicts a 4.8% appreciation in home prices in the next 12 months. Freddie Mac predicts an increase of a full percentage point in interest rates. Monthly mortgage payments will increase as rates and home prices increase. So if you are ready to move, now is the time!

Wow! As you enter through the door of this bright and sunny mid-century modern ranch you will be amazed by the wall of windows offering views of a private landscaped yard accented by gardens. An expansive screened porch and deck is perfect for relaxing and summer entertainment. A newly refinished basement with bamboo flooring and recessed lighting extends the living space while still offering ample room for storage and a workshop. Located in a peaceful setting near cranberry bogs and trails, this home is convenient to Rt 495 and Rt 3.

Use a screwdriver to probe the wood trim around windows, doors, railings and decks. Make repairs now before the spring rains do more damage to the exposed wood.

As we explore the North Shore, we would like to call your attention to BOXFORD.

Commute

The Average Commute time is 33 minutes. There is a commuter bus leaving Boxford Center that takes you right into downtown Boston.

The median home value - $568,000.

Schools

• Harry Lee Cole, public, grades k-2
• Spofford Pond, public, grades 3-6
• Masconomet Regional High School, public, grades 9-12
• The Village School, private, grades pre-school-k
• Boxford Academy, private, grades pre-school-5
  

Local Attractions

Boxford (also known as "Jack's" or "Wayne's", after its former and current owners), and the Boxford House of Pizza, which lies near the border of Boxford andGeorgetown. Boxford's centrally located Stiles Pond is the site for the town beach, where membership can be purchased by Boxford residents only, each season for a nominal fee through the Boxford Athletic Association (BAA). Baldpate Pond, and the adjacent state recreation area, is another popular swimming, fishing, boating, and hiking location.

Thoughts from a client who lives in Boxford!

I love living in Boxford because it manages to feel rural while being convenient to the City. Having a parade of turkeys or a deer visitor or two really helps with that rural feeling. The community is also very welcoming and neighborly.

-Monique R.