Blog :: 2016

NEWTON A TOP 10 PLACE IN THE U.S. FOR FIRST-TIME HOMEBUYERS!

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NEWTON, MA If you're moving out of the city and into the 'burbs, you might not need to look further than Greater Boston.

Website NerdWallet named Newton No. 5 on its "America's Best Places for First-Time Homebuyers" list. It was the only Massachusetts community to crack the top 50.

The site examined the affordability, livability and price stability of various communities, planting Newton in between Frisco, TX and Allen, TX. According to NerdWallet, suburbs dominated the top 10 list, as well as communities with a population between 83,000 and 89,000. 

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***Click here to view the full article!***

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COLDWELL BANKER COLLECTING TOYS FOR CHILDREN IN NEED!

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The Coldwell Banker Residential Brokerage office in Newton is collecting donations of toys and other gifts for The Home for Little Wanderers™ Big Wishes Gift Drive. Big Wishes is one of the Boston area's oldest and largest toy drives, supporting children and families who are living in at-risk circumstances and are served by The Home's programs across Boston and Eastern Massachusetts.

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***TO VIEW THE FULL ARTICLE, PLEASE CLICK HERE***

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NEWTON REAL ESTATE REVIEW – JANUARY TO SEPT 2016

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Excerpt:

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LEARN ABOUT NATIONAL ECONOMIC TRENDS AND REAL ESTATE!

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This week, MB Associates attended a Greater Boston Association of Realtors presentation by Chief Economist Jonathan Smoke and Professor Alan Clayton-Matthews. Covered in this presentation was how economic trends affect the real estate market in both the US and in MA.

Both Smoke's and Clayton-Matthews' presentations can be viewed below:

 

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***Click here for Jonathan Smoke's presentation***

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***Click here for Alan Clayton-Matthews' presentation****

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Newton Real Estate Review - January to June 2016

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Despite the headlines, as the adage goes, all real estate is local. Home prices across the state, or even across the same town, are not as relevant as those across the street.

To read more, download our Newton Real Estate Review>>>>

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MB Associates affiliates with Newton's Coldwell Banker office

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Coldwell Banker Residential Brokerage in New England announced that MB Associates recently affiliated with the Coldwell Banker Residential Brokerage office in Newton.

Led by Maxine Burtman and Mitchel Bernstein, the team of real estate professionals includes Carol Mazmanian, Susan Shief, Tom Sheehan and Stephanie DeSantis.

MB Associates is an accomplished group of real estate professionals who have earned the respect and admiration of their colleagues and clients. This team of agents has distinguished itself among the best in the region because of its expert negotiation and marketing skills and strong commitment to clients, said Lauren Rabb, sales manager of the Coldwell Banker Residential Brokerage office in Newton. I am pleased to welcome them to Coldwell Banker Residential Brokerage and know they will continue to achieve tremendous success.

With more than 60 years of combined real estate experience, MB Associates will continue to serve homebuyers and sellers in Newton, Brookline and the surrounding communities in Greater Boston.

We're excited to once again partner with one of the most respected brands in residential real estate, said Maxine Burtman, real estate professional and longtime Newton resident. We take great pride in our team's ability to provide strategic and thoughtful guidance throughout the residential real estate process. We are confident that by affiliating with Coldwell Banker, we have put our firm in the best position to continue to fulfill that mission of acting as a premier guide to buyers and sellers in the Greater Boston community.

For information: 617-969-2447.

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MB Associates affiliates with Newton's Coldwell Banker office

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Coldwell Banker Residential Brokerage in New England announced that MB Associates recently affiliated with the Coldwell Banker Residential Brokerage office in Newton.

Led by Maxine Burtman and Mitchel Bernstein, the team of real estate professionals includes Carol Mazmanian, Susan Shief, Tom Sheehan and Stephanie DeSantis.

MB Associates is an accomplished group of real estate professionals who have earned the respect and admiration of their colleagues and clients. This team of agents has distinguished itself among the best in the region because of its expert negotiation and marketing skills and strong commitment to clients, said Lauren Rabb, sales manager of the Coldwell Banker Residential Brokerage office in Newton. I am pleased to welcome them to Coldwell Banker Residential Brokerage and know they will continue to achieve tremendous success.

With more than 60 years of combined real estate experience, MB Associates will continue to serve homebuyers and sellers in Newton, Brookline and the surrounding communities in Greater Boston.

We're excited to once again partner with one of the most respected brands in residential real estate, said Maxine Burtman, real estate professional and longtime Newton resident. We take great pride in our team's ability to provide strategic and thoughtful guidance throughout the residential real estate process. We are confident that by affiliating with Coldwell Banker, we have put our firm in the best position to continue to fulfill that mission of acting as a premier guide to buyers and sellers in the Greater Boston community.

For information: 617-969-2447.

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A New Generation of Home Buyers: From Mom and Dad's Basement Directly to Homeowners

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Like the baby boomer generation that raised them, millennials are growing up and moving to the suburbs. But unlike previous generations that typically moved from city apartments to suburban houses, many are going right from their parents basements to suburban home ownership.

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Prior to looking for their own homes to purchase, nearly a quarter of millennials, individuals aged 20-35, have opted to save money and live with their parents. And of those who ventured out on their own, more than half eventually returned to their parents™ home by 27. Because of the changing trends, the path to home ownership is changing.

Today, millennials are the fastest growing segment of homebuyers in the market. New reports from Pew Research and the National Association of Realtors have found that millennials made up the largest percentage (35%) of home purchases in 2015, an increase of three percentage points from 2014.

Skipping the apartment phase and going directly to a single-family, suburban house, millennials have decided they can often get more for less money outside of urban areas.

Yet, despite desiring suburban value, this group of homebuyers still craves urban lifestyles and seeks communities close to urban areas that still provide perks of city living. Many of Bostons immediate suburbs deliver this exact urban-suburban model, with easy access to public transportation, walkability, and a variety of amenities, shops, and restaurants. In our own recent sales, we've seen this home-buying trend come to life among millennial clients, particularly in Newton and Brookline.

So, as millennials grow in the suburban home-buying market, the real estate industry and even city planners must adjust to accommodate a new generation of buyers.

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