June 28 – GNAR Newsletter Vol. 24

H a p p y   4th   o f   J u l y!  

GNAR will be closed for the holiday starting on Friday, returning on Wednesday, 7/5.  We hope you have a safe and fun Independence Day!

REALTOR Day on Beacon Hill

June 14 – On Flag Day, GNAR had another successful trip to the Annual REALTOR Day on Beacon Hill.  Now in it’s 34th year, our group, along with NEAR Leadership, provided updates on key legislative issues to Rep. James Kelcourse, and the aide to Katherine O’Connor-Ives.

Broker OH – Each Thursday 

Visit MLS PIN for more details on what’s on tour this week, raffles offered at one of the Broker OH.  View them all in MLS PIN.

Save the Date – August 9

The next member mixer will be at SurfSide 5 on Wednesday, August 9 at 5:30pm.  Hosted by our affiliates, the mixer is 5:30-7:30pm.

Thank you to August sponsors — Bob Pezzella of RMS Mortgage and Rob Ciampitti and Charlie Palmisano of Liberty Law.

Thank you to Todd Hughey and Liberty Law for sponsoring the June event at the Deck.

MLS PIN Free Monthly Classes at GNAR

Sign Up today, Laptops are provided by MLS PIN – new or refresher?  You’ll love it!

Pinergy’s CMA & Market Reports		07/19/2017 9:30 AM	Sign Up
Pinergy’s Listings Management		07/19/2017 1:00 PM	Sign Up

 

IMPORTANT REMINDER:
Do you have REALTOR® appearing on all your marketing?  Your email signature line? Is it discussed at your listing presentations?  Hopefully you answered YES! YES! and YES!  The brand is available for your use as a member of the association.  Much more about the importance of being a REALTOR can be found a http://www.nar.realtor

June 26 – Monday Update

MAR MONTHLY NUMBERS

Dip in Closed Home Sales for Month of May as Median Prices Hit All-Time High – Homes for sale reach lowest level for May since 2004

WALTHAM, Mass. – June 26, 2017 – The Massachusetts Association of Realtors® (MAR) reported today both single-family and condominium saw a slight dip in sales in May from last year. Despite the drop, median home prices for both single-family homes and condominiums hit new all-time highs. Inventory also reached the lowest level for the month of May since MAR began recording the data in 2004.

May Closed Sales:

Single-Family	May 2017	May 2016	%Change
Sales	4,930	5,047	-2.3%
Median Price	$385,000	$352,700	+9.2%

• Closed sales have been down or flat five out of the last 12 months
• Median prices hit all-time high in May 2017. Previous high was June 2016 – $380,000
• Median prices have been up or flat for 17 out of the last 18 months

Condominium	May 2017	May 2016	%Change
Sales	2,061	2,067	-0.3%
Median Price	$369,950	$343,000	+7.9%

• Closed sales have been down or flat for six out of the last 12 months
• Median prices hit an all-time high in May 2017. Previous high was July 2016 –  $356,000
• Median prices have been up or flat for 17 out of the last 18 months

“It’s not often that you see sales go down and prices hitting all-time highs,” said 2017 MAR President Paul Yorkis, president of Patriot Real Estate in Medway. “However, with the number of homes for sale so low, and demand so high, this is what we get. While we’ll be ok in the short-term, if we don’t find a way to produce more housing our economy will feel the impact.”

Inventory and Days on Market:

Single-Family	May 2017	May 2016	%Change
Inventory	13,918	20,065	-30.6%
Months of Supply	2.9	4.1	-29.3%
Days on Market	68	94	-27.7%
New Listings	8,968	8,611	+4.1%

• 63rd time in the last 64 months of year-over-year inventory decreases
• Lowest number of homes for sale in the month of May
• New listings added to the market up for the first time in a year

Condominium	May 2017	May 2016	%Change
Inventory	3,876	5,260	-26.3%
Months of Supply	2.1	2.9	-27.6%
Days on Market	52	70	-25.7%
New Listings	3,125	2,846	+9.8%

• Inventory down for 17 out of the last 18 months
• Lowest number of homes for sale in the month of May

“Inventory may have reached a new low, but listings added to the market went up for the first time in over a year.” said Yorkis. “This is a positive development, and a trend that must continue if we are to meet future housing demands.”

###

MLS PIN Free Monthly Classes at GNAR

Sign Up today, Laptops are provided by MLS PIN – new or refresher?  You’ll love it!

Pinergy’s CMA & Market Reports		07/19/2017 9:30 AM	Sign Up
Pinergy’s Listings Management		07/19/2017 1:00 PM	Sign Up

 

IMPORTANT REMINDER:
Do you have REALTOR® appearing on all your marketing?  Your email signature line? Is it discussed at your listing presentations?  Hopefully you answered YES! YES! and YES!  The brand is available for your use as a member of the association.  Much more about the importance of being a REALTOR can be found a http://www.nar.realtor

June 21 – GNAR Newsletter Vol. 23

TONITE at the Deck, Mix it Up!

Today, Wednesday June 21 at the DECK in Salisbury from 5:30pm-whenever, it’s the longest day of the year!!!!  Sunset is at 8:30pm.  Thank you to the June mixer sponsors – Liberty Law (Rob Ciampitti & Charlie Palmisano, and Leader Bank – Todd Hughey.  Mixers are a great way to network and there will be raffle prizes – must be present to win!

Next member mixer hosted by Bob Pezzella and Liberty Law will be at the Surfside 5 on August 9.  More details will be sent closer to the date, but mark your calendars!!
(There is no mixer in July)

Broker OH – Each Thursday 

Visit MLS PIN for more details on the offerings below, and to view/print the entire broker OH listing each Thursday….  To view all Broker OH, search for BROKER OH in MLS PIN.  

MLS PIN Free Monthly Classes at GNAR

Sign Up today, Laptops are provided by MLS PIN – new or refresher?  You’ll love it!

Pinergy’s CMA & Market Reports		07/19/2017 9:30 AM	Sign Up
Pinergy’s Listings Management		07/19/2017 1:00 PM	Sign Up

 

IMPORTANT REMINDER:
Do you have REALTOR® appearing on all your marketing?  Your email signature line? Is it discussed at your listing presentations?  Hopefully you answered YES! YES! and YES!  The brand is available for your use as a member of the association.  Much more about the importance of being a REALTOR can be found a http://www.nar.realtor

June 14 – GNAR Newsletter Vol. 23

Next Week…Member Mixer at the Deck

Join us next Wednesday June 21 at the DECK in Salisbury from 5:30pm-whenever, it’s the longest day of the year!!!!  Sunset is at 8:30pm.  Thank you to the June mixer sponsors – Liberty Law (Rob Ciampitti & Charlie Palmisano, and Leader Bank – Todd Hughey.  Mixers are a great way to network and there will be raffle prizes – must be present to win!

Broker OH – Every Thursday 

Visit MLS PIN to view and print the entire broker OH listing each Thursday…. below flyer is for a luncheon offered.  To view all Broker OH, search for BROKER OH in MLS PIN.

MLS PIN Free Monthly Classes at GNAR

Sign Up today, Laptops are provided by MLS PIN – new or refresher?  You’ll love it!

Pinergy’s CMA & Market Reports		07/19/2017 9:30 AM	Sign Up
Pinergy’s Listings Management		07/19/2017 1:00 PM	Sign Up

 

IMPORTANT REMINDER:
Do you have REALTOR® appearing on all your marketing?  Your email signature line? Is it discussed at your listing presentations?  Hopefully you answered YES! YES! and YES!  The brand is available for your use as a member of the association.  Much more about the importance of being a REALTOR can be found a http://www.nar.realtor

June 7 – GNAR Newsletter Vol. 22

June Member Meeting TOMORROW 

Refreshments 8:45am – Speaker 9:00am –
followed by Q&A and New Business
Stop by for coffee and refreshments and most importantly, be informed!!

Please be sure to stop in and hear the important updates on pending legislation that might effect your business!  REALTOR Day on Beacon Hill is just one week away, on Wednesday June 14.  Tomorrow we will hear from the expert on “all things legislative”, from  Massachusetts Association of REALTORS, Justin Davidson.  Justin is the Legislative and Regulatory Legal Counsel for MAR and we are fortunate to have him speaking at 9am tomorrow.  There are a number of pending legislative items which will be discussed.

REALTOR DAY ON BEACON HILL – This annual event includes transportation via commuter rail hosted by GNAR, just meet on the Train Platform at 7:55am to head to Boston, return on the 1:20pm train gets us back to Newburyport by 2:23pm.  Please note, walking shoes are required – we walk from North Station to the State House (approx 10min walk).  If you plan to attend, please email services@gnarealtor.com so we can include you in our total count/train tickets.

Member Mixer SAVE THE DATE

The next mixer will be at the DECK in Salisbury on June 21 at 5:30pm.  Thank you to the June mixer sponsors – Liberty Law (Rob Ciampitti & Charlie Palmisano, and Leader Bank – Todd Hughey.  Mixers are a great way to network and there will be raffle prizes – must be present to win!

Broker OH – Every Thursday 

Visit MLS PIN to view and print the entire broker OH listing each Thursday…. below flyer is for a luncheon offered from 10-12pm.  To view all Broker OH, search for BROKER OH in MLS PIN.

The Frank Bertolino Group (978) 255-2941

GNAR EDUCATION 

10AM – 12NOON – MA CEU  2.0 Hours
RPR – RE32RC03 – Technology and Real Estate Brokerage with Kimberly Allard – Moccia

STILL ENROLLING !!!  One or both classes

12:30-2:30PM – NH CEU HOURS 2.0
Home Inspection and Mold presented

by RJ Wright Home Inspections

MLS PIN Free Monthly Classes at GNAR

Pinergy Overview: 3rd Party Programs, Settings, and Tools		06/13/2017 9:30 AM	Sign Up
Getting Started with Pinergy: Searching for Listings		06/13/2017 12:30 PM	Sign Up

IMPORTANT REMINDER:
Do you have REALTOR® appearing on all your marketing?  Your email signature line? Is it discussed at your listing presentations?  Hopefully you answered YES! YES! and YES!  The brand is available for your use as a member of the association.  Much more about the importance of being a REALTOR can be found a http://www.nar.realtor