Franklin Downtown Partnership Harvest Stroll – October 6, 2016

Mark your calendars – one week from today is the Franklin Downtown Partnership‘s annual Harvest Stroll!

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This year’s Stroll is going to be bigger and better than ever, with an official ribbon-cutting ceremony to celebrate our newly revitalized downtown. It’s always a great family event, so come on down from 4 to 7 PM for food, games, and fun!

In case you can’t make it to the Stroll, you can still help support the FDP. On November 12, the FDP will be holding a 15th Anniversary Gala at the Black Box Theatre. According to the FDP, the Gala’s aim is “to celebrate the revitalization of downtown Franklin and to raise funds that will allow our non-profit organization continue working on improvements and bringing events such as the Harvest Stroll, Holiday Stroll and Strawberry Stroll to the community.” You can even sponsor the Gala or donate items for the silent auction (details here).

Buy tickets and get more info here, and as always, follow the FDP’s blog and Facebook page for updates on other fun community events!

Download My App

I’m back from a quick trip to Tennessee to visit family, and I have some exciting news for you! I now have my very own mobile app to help you with your real estate needs. 


Whether you need to find homes for sale or rent in your area, contact me with a real estate question, or even begin the process to apply for a mortgage, you can do it all from the app! It’s like having a Realtor in your pocket everywhere you go. 

Just text COMMONWEALTH212 to 87778 or click here to download the app, and get started right away! 

Norfolk Registry of Deeds – August Update

From Norfolk County Registrar of Deeds William P. O’Donnell, here’s the update on real estate in our county for August…

“Norfolk County Real Estate Bounces Back in August
After a disappointing July, the Norfolk County real estate market roared back to life showing mostly solid gains for the month of August.

Register of Deeds William P. O’Donnell stated, “After a down July, it was nice to see the real estate market recover in August. Increases were seen in both home sales and lending. August was a month where all stakeholders benefited from the strong real estate market in Norfolk County.”

“During the month of August,” noted O’Donnell, “a total of 1,945 property transactions, both residential and commercial, were recorded in Norfolk County. This represented a 9% increase year over year. The average sales price for these properties was $874,726, a 47% increase from August 2015.”

The Register also noted that the total volume of real estate sales, both residential and commercial, came in at $1.18 billion, a 60% increase from the same time period in 2015. It should be noted that these figures were enhanced by a $205 million dollar sale of Westwood Station that took place during the middle of August.

O’Donnell stated, “Lending activity also showed some impressive gains. For the month of August, a total of 3,511 mortgages were recorded, a 35% increase from the previous year. Furthermore, total mortgage financing came in at $1.7 billion, a 60% increase from the previous August. Clearly, the continuing low interest rates are spurring individuals and businesses to borrow money for home and capital improvements and education.”

If there was one cloud in the silver lining concerning August’s data, it was the increase in foreclosure activity experienced in Norfolk County. A total of 32 foreclosure deeds were filed compared to 19 filed in August 2015. Also, the number of Notice to Foreclose Mortgages recorded, the first step in the foreclosure process, was 96 compared to 31 recorded during the previous August.

O’Donnell noted, “The significant increases in foreclosure activity were discouraging, especially after we thought the market had turned the corner. There is no question that some of our neighbors continue to struggle.

“I want to again stress the Registry’s continuing partnership with Quincy Community Action Programs at (617) 479-8181 x-376 and Neighbor Works Southern Mass at (508) 598-0950. These agencies are there to help anyone who has received a Notice to Foreclose Mortgage from a lender. Another option for homeowners is to call the Massachusetts Attorney General’s HomeCorps program at (617) 573-5333. I cannot stress enough to call them promptly if you are struggling with paying your mortgage.”

Homestead recordings showed a solid 11% increase in August compared to the same time period in 2015. O’Donnell noted, “A Homestead is an important consumer protection tool that I would encourage all homeowners to consider. A Homestead provides limited protection against the forced sale of your primary residence to satisfy unsecured debt up to $500,000.”

In conclusion, Register O’Donnell stated, “After a less than robust July, it was great to see Norfolk County real estate activity rebound so strongly. It appears that a sizeable pool of buyers were aggressive in getting back into the market. Hopefully, the housing inventory level will not take a dip anytime soon. Another positive indicator is the continuing low interest rate which has been a key driver for real estate sales and lending.”

To learn more about these and other Registry of Deeds events and initiatives, like us atfacebook.com/NorfolkDeeds or follow us on twitter.com/NorfolkDeeds and/orinstagram.com/NorfolkDeeds.

The Norfolk County Registry of Deeds, located at 649 High Street, Dedham, is the principal office for real property in Norfolk County. The Registry is a resource for homeowners, title examiners, mortgage lenders, municipalities and others with a need for secure, accurate, accessible land record information. Residents in need of assistance can contact the Registry of Deeds Customer Service Center at (781) 461-6101, or on the web at www.norfolkdeeds.org.

Register William P. O’Donnell

Norfolk County Registry of Deeds

 

email: registerodonnell@norfolkdeeds.org