EagleTribune.com, North Andover, MA

May 12, 2013

Real Estate Briefs


The Eagle-Tribune

---- — EPPING — Coco, Early & Associates announces that they are the first real estate agency in the area to offer the Military Platform, MOM (Military on the Move), to veterans and active duty personnel. Military on the Move (MOM) is a one of a kind real estate benefit to those that have served and are currently serving in the Armed Services abroad. Special financing, special assistance and a VA mortgage are just some of the highlights that the MOM platform offers.

Interested families should contact MaryLou Buckley, relocation director for Coco, Early & Associates, at 603-234-6796 or via email at mbuckley@cocoearly.com.

Coco, Early & Associates currently have Massachusetts offices in Dracut, Haverhill, and Methuen as well as New Hampshire offices in Epping, Hampstead, Plaistow and Salem.

LAWRENCE — Coco, Early & Associates is pleased to announce that, after five years, Michael Santana has re-joined their team as a managing partner/broker. Along with Jose Estrella, Santana will be managing the firm’s new Star Division. The Star Division, located at 300 Essex St., in Lawrence, has eight full-time multilingual agents.

Santana has been in real estate for 10 years and is licensed to help buyers and sellers in Massachusetts. His target region is the Merrimack Valley. He formerly sat on the board of directors for the Northeast Association of Realtors (N.E.A.R.) and served as its chairman of the education committee.

Prior to real estate, Santana worked as a marketing professional. He lives in Lawrence with his family.

Santana can be reached directly at msantana@cocoearly.com or at the Lawrence office at 978-687-8600.

MERRIMACK & NASHOBA VALLEYS — The Northeast Association of REALTORS (NEAR) reports that the median sales price for single family homes sold during the first quarter of 2013 combined in the 15 cities and towns from Boxford to Littleton was $297,500, a 12.3 percent increase over the median of $265,000 recorded in the first quarter of 2012. Meanwhile, condominiums sold locally during the first quarter had a median sales price of $179,500, an increase of 12.2 percent compared with the median of $160,000 set in the first quarter of 2012.

The report also showed that the number of single family homes sold locally was up by 3.5 percent compared with the first quarter of 2012. Condominium sales volume decreased in the first quarter, down 10.7 percent year over year. The report is based on data from MLS Property Information Network in Shrewsbury.

The report also provided inventory levels of the number of area homes for sale as of April 15. The 1,048 available single family homes represent the lowest inventory level for the month of April since 2004. The 454 condominiums available for sale as of April 15 is also the lowest inventory level since 2004. The height of inventory for both property types were set in 2006 at 2,075 available single family homes and 1,251 condos.

NEAR also reported on residential properties locally that became classified as pending (i.e., under agreement but not yet closed) during March. The volume of pending sales for single family homes in March decreased by 5.1 percent to 297 agreements, versus 313 new pending sales in March of 2012. The pending sales numbers reflect the overall increased demand and lower inventory, as prices of pending single family sales increased by 10.2 percent. Meanwhile, the number of pending sales for condominiums locally during March rose by 14.2 percent compared with the previous March, and sales volume was up 3.1 percent year over year. Pending sales figures are considered a good indicator of future sales activity.

The resurgence of multi family property prices in the first quarter of 2013 was noteworthy, with a 28.4 percent increase in prices, 9.3 percent increase in volume, and a year over year increase of 24.7 percent in prices of pending sales.

The Northeast Association of REALTORS is one of 1,500 local chapters of the National Association of REALTORS. Officially, NEAR covers 15 cities and towns from Boxford to Littleton, though it has members from more than 50 cities and towns in the Merrimack and Nashoba Valleys as well as southern New Hampshire.

METHUEN — Diana Pinkham received the Rookie of the Year 2012 award from Northeast Association of Realtors.

Pinkham came to Connie Doto Realty Group with years of experience working with people and meeting their individual needs. She worked in the mortgage industry for many years.

As a Realtor in Massachusetts and New Hampshire, and a member of the Northeast Board of Realtors, Pinkham prides herself in always staying one step ahead of the curve. Her innovative use of social media to market properties is a skill that few have mastered in this industry. She believes that being able to utilize all of the tools that Connie Doto Realty Group provides is the edge that makes her successful.

LONDONDERRY — Arlene Hajjar, broker/owner of RE/MAX 1st Choice, is pleased to announce that Anne Copp is the newest member of this growing energetic sales team. Copp has been a New Hampshire resident for over 30 years. She was a business leader at the Raytheon Company for over 20 years and has always been tireless in her efforts to support both community and civic affairs. She has been a member of the local Business Professional Woman’s Organization, the Lions Club, and the Community Alliance for Teen Safety (CATS), the US FIRST program and countless other fundraising and charitable organizations.

Copp’s association with RE/MAX 1st Choice will be a significant benefit to all of her clients. With over 90,000 Sales Associates in more than 80 countries, when she lists a property in New Hampshire, it’s exposed to a huge audience. That exposure is driven by the enormously successful RE/MAX brand. The website, NH-Moves.com, helps clients get the best possible price for their home in the least amount of time. REMAX 1st Choice is located in Londonderry at 123 Nashua Road, No. 20. Copp may be reached at the Londonderry office at 603-225-2400.

BILLERICA — The Northeast Association of Realtors (NEAR) Community Service Committee is sponsoring a food drive to benefit the Merrimack Valley Food Bank. Collection trucks will be at Habitat for Humanity ReStore, 257 Boston Road in North Billerica on Saturday, May 4, from 9 a.m. to noon. Help neighbors in need by dropping off non-perishable food items. For more information, call 978-577-6138, or for a flier, visit NortheastRealtors.com.

The NEAR Community Service Committee is dedicated to assisting individuals and groups in the Merrimack and Nashoba Valleys who are in need. Local charitable organizations helped by the group in the past year include: Boys & Girls Club of Greater Lowell, Boys & Girls Club of Lawrence, Community Teamwork, D’Youville Foundation, Eagle-Tribune Santa Fund, Girls Inc. of Greater Lowell, House of Hope, Lawrence Community Works-Our House for Design, Habitat for Humanity, Lazarus House, Lowell Transitional Living Center, Lowell Wish Project, Merrimack Valley Food Bank, Place of Promise, St. Ann’s Home Inc., The Salvation Army, Up with People, the Moody School and the Lincoln School, both in Lowell, and the Leahy School in Lawrence.

NEAR officially covers 15 cities and towns from Boxford to Littleton including Lowell and Lawrence, and also has member offices in more than 50 cities and towns throughout the Merrimack and Nashoba Valleys as well as southern New Hampshire.