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Contact Nancy Comenitz Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 617.232.4186 or fill out the form to let us know how we can help with your real estate needs.

Office Location 77 Pond Avenue,
Brookline, MA
Phone: (617) 232-4186
Fax: (617) 232-7954

Real Estate Blog

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4th-Q Single Family Report by Zip Code

Sunday, January 22nd, 2012 at 10:00am. 37 Views, 0 Comments.

 

 
Middlesex County ZIP Codes  
 
  Zip Code   Median Sales Price   % of S.P. to L.P.   Days on Market  Closed Sales
  Q4           1-Yr ChgQ4    1-Yr  Chg Q4      1-Yr ChgQ4    1-Yr Chg 
      
Newton Corner02458$860,000     ↑   8.9%91.1%   ↑    1.8% 108   ↑   18.1% 14   ↑  16.7%
Newton Centre02459$820,000     ↑  17.3% 91.7%   ↓    0.9%  92     ↓   1.2% 28   ↓  20.0%
Newtonville02460$605,000     ↑   8.5% 95.5%   ↓   7.5%  60     ↓   1 4.6%  7    →  0.0%  
Newton Highlands02461$662,000     ↑  17.1%  90.4%   ↓   2.1%85     ↓   10.3%  10   ↓  9.1%  
Lower Falls02462$0               ↓  100.0% 0.0%    ↓ 100.0%  0       ↓   100.0%  0     ↓ 100.0%  
Upper Falls02464$537,000     ↑   67.6%87.0%   ↑    6.9% 141   ↑    29.3%  3    →  0.0%  
West Newton02465$523,200     ↑…
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2011 Market Reports

Saturday, January 14th, 2012 at 12:36pm. 32 Views, 0 Comments.

I have just finished listing all the condominiums that have sold during the 2011 calendar year in the buildings and complexes featured in this website. The list can be found on the home page under "2011 Condominium Sales".

For a market snapshot of the condominiums sales in the Back Bay, Beacon Hill, Midtown,  North End, South End and the Waterfront click on Boston Condominium Sales 2011. The data comes from the Multiple Listing Service and does not represent all the sales in the Registry of Deeds.

There were 160 single family homes sold in Brookline during 2011, fourteen more than the previous year with $4,900,000 being the highest sales price. The Multiple Listing Service has the single family median price $1,205,000, while Banker & Tradesmen list the…

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Senate votes to restore Fannie & Freddie Loan Limits

Friday, October 21st, 2011 at 7:42pm. 84 Views, 0 Comments.

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In a 60-38 vote Thursday, the Senate approved an amendment to a spending bill that would restore the $729,750 ceiling that was first put in place in 2008 to allow Fannie Mae, Freddie Mac and the Federal Housing Administration to back what were previously considered "jumbo" mortgages not eligible for government support.

In addition to propping up the ceiling, which dropped to $625,500 on Oct. 1, the Senate amendment would also restore through 2013 the formula in use during much of the downturn for determining the upper loan limit in high-cost housing markets.

For much of the last four years, the so-called "jumbo conforming" loan limit was determined by multiplying the median home price in high-cost markets by 125 percent, instead of 115 percent today.

It…

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Feds send mortgage rates to new lows

Friday, September 30th, 2011 at 11:02am. 82 Views, 0 Comments.

By Inman News
September 29,2011 

As interest rates on fixed-rate mortgage loans continue to slide into uncharted territory, demand for refinancings has picked up but applications for purchase lointerest_rate_drops_165ans are still at about the same level as a year ago.

Rates on 30-year fixed-rate mortgage loans averaged 4.01 percent with an average 0.7 point for the week ending Sept. 29, a new low in records dating to 1971, Freddie Mac said in releasing the results of its latest Primary Mortgage Market Survey.

Rates on 15-year fixed-rate mortgages averaged 3.28 percent this week with an average 0.7 point, down from 3.29 percent last week and 3.75 percent a year ago, Freddie Mac said. That's also a new low in records dating to 1991.

Last year at this time, rates on 30-year fixed-rate…

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MA communities that have seen the highest rise in home values

Sunday, September 25th, 2011 at 5:15pm. 104 Views, 0 Comments.

 

In Last Sunday's Globe columnist Jennifer McKim reported that there is beginning to be a silver lining in Real Estate. Even though home values in Massachusetts have dropped 17% since their peak in 2005, Jennifer reported that there are 20 communities that have seen a rise in home values the first six months of this year. This data is according to The Warren Group, a Boston company that tracks all real estate sales in MA.

The communities that suffered the least from the economic downturn were due to their proximity to Boston, reputation for good school systems, university and college campuses, and employment status with a combination of other factors. But overall most Massachusetts communities have not recovered from the stalled economy and the lagging…

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Metros with the largest 5-year drop/gain in home values

Saturday, September 10th, 2011 at 8:54am. 82 Views, 0 Comments.

smaller-daytona-beach_640Zillow reports that California dominates the list of metro areas with the largest decline in home values over the past five years. The five-year declines in estimated value range from 67.6% to 56.6%. Out of the 10 most severe area; six are in California, two are in Florida, one is in Arizona and one is in Nevada.

To read more about these areas click here


Those real estate markets that Zillow reported the greatest five-year gain in value are mostly in the South, with one being in upperstate New York, and one being in the Northwest. The five-year gains in estimated value range from 0.6% to 16.9%. smaller-new-orleans_640

To read more about these areas click here

 

 

 

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Top Real Estate Closing Law Firm

Tuesday, July 5th, 2011 at 10:05am. 139 Views, 0 Comments.

  

Congratulations to Attorneys Craig Gilmartin and Yitz Magence!

For the 3rd consecutive year Bankers and Tradesman has voted Gilmartin, Magernce and Ross LLP

gilmartin_magence__ross_logo_990
                                 Top Real Estate Closing Firm 2008, 2009, 2010
btaward_256 

Craig Gilmartin 

Gilmartin, Magence & Ross LLP 

376 Boylston Street
Boston, MA 02116
617.375.9000
Craig@gmr-law.com

Yitz Magence 

Gilmartin, Magence & Ross LLP 

305 Washington Street
Newton, MA 02458
617.964.4300
 Yitz@gmr-law.com

 

 

 

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My Interior Design Center

Wednesday, June 29th, 2011 at 9:03am. 247 Views, 0 Comments.

This newly launched website is so in-tune to what today's educated consumers are so desperately seeking- a way to stop paying top price plus commissions to purchase high-end home furnishings.      This week interior designers Jill Marshall, Dena Hamilburg, and Lauri Sugar launched a wonderful
website geared to today's educated consumer in the market for high-end home furnishings who don't
want to pay high designer fees to get access to "trade only" products. http://www.myinteriordesigncenter.com/ 

Jill  told me, "This site is a vehicle for consumers to shop for and buy "trade only" home furnishing, fabrics, lighting, and accessories at great savings."

You can find products by:jills_bedroom_797

  • small_blue_7_01 requesting a "letter of introduction" that will give you access to any Design…
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Welcome to Savored

Thursday, June 23rd, 2011 at 9:09am. 592 Views, 0 Comments.

Two New England natives, Ben McKean and Dan Leahy just launched a restaurant discount website that is sure to be a winner.

   How it works
  • Savored partners with premier restaurants to help them fill their tables.

          New York's Le Cirque was among the first to sign up. When a restaurant first opens it is mobbed.            Then the crowd starts to move on to the next new hot spot.  This is a way for restaurants to fill                empty seats at discounted rates.  The website posts last-minute available tables. Subscribers can           opt to receive email alerts or check the site for availability.

  • Members reserve these tables through Savored for $10 per reservation.
  • A 30% discount is automatically applied to your bill.      (That does not include…
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Mortgage Rates drop 7 consecutive weeks

Friday, June 3rd, 2011 at 2:55pm. 110 Views, 0 Comments.

rate_drop_picture_272Fixed mortgage rates dropped this week amid weak economic and housing reports, marking the seventh consecutive week they’ve headed lower. They have slipped to its lowest level for the year yet again.

Market data released Thursday by Freddie Mac shows that the 30-year fixed-rate mortgage averaged 4.55 percent (0.6 point) for the week ending June 2. That’s down from 4.60 percent last week. A year ago at this time, the 30-year rate was averaging 4.79 percent.

The 15-year fixed rate mortgage this week came in at an average of 3.74 percent (0.7 point). Last week it was 3.78 percent, and this time last year it was 4.20 percent.

Freddie Mac’s weekly market survey is based on data reported from approximately 125 lenders across the country. It shows that…

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