Paul Turcotte

David Lilley Receives Exclusive Titan Club Award for 2015

We are so proud to have David be one of the first 7 RE/MAX New England Professionals to obtain this prestigious award. “David has a wealth of knowledge and experience in every area of real estate and he openly shares this with his colleagues, a rising tide that lifts all boats.”

The Titan Club is a new club award created to fill the previous gap of a half a million dollars from Chairman’s Club to Diamond.

Join us in celebrating David’s accomplishment. He is in the top 0.25% of the 2,700 RE/MAX Agents in New England.

Titan Club-01

Email, RSS Follow
Share

Meet the Best of the Best for 2015

The RE/MAX Integra 2015 Top 25 List for Individuals and Teams is out. We are very proud to acknowledge our members who are among the best of the best in New England. Join us in celebrating those who reached the top for all of 2015: Patti Reilly #9, Dave Shorey #13 and Sandrine Deschaux #20, in the individual sales volume category.  Ellen, Janis & Josh Real Estate gained the #2 spot in Massachusetts and #3, and David Lilley came in at #19 in New England. Congratulations all!

Just to give you a little perspective, there are over 200 offices and 2,700 RE/MAX agents in New England. Over all, RE/MAX agents sell more properties than any other brand.  So getting into the top 25 for the year is a major accomplishment that raises the bar for all of us here at RE/MAX Destiny and beyond.

 

Email, RSS Follow
Share

South End Opening Celebration

South End Office

We had a wonderful Grand Opening with friends and colleagues, old and new. Visit facebook.com/remaxdestiny to see more photos or comment.

For Immediate Release

RE/MAX Destiny Opens Collection Office  in Boston’s South End.

Boston, MA– September 24, 2015 – RE/MAX INTEGRA, New England is pleased to announce that RE/MAX Destiny has opened a new RE/MAX Collection office located in Boston’s South End at 55 Waltham Street. The office is owned and operated by Broker/Owner Paul Turcotte and marks his third RE/MAX Collection office, joining locations in Cambridge and Jamaica Plain.

RE/MAX Collection offices and agents specialize in marketing luxury homes, and have access to unique tools and resources that allow them to deliver premier service. RE/MAX has more Certified Luxury Home Marketing (CLHMS) designated agents than any other real estate brand.

“The new South End location is a great addition for Paul and his team,” said Dan Breault, Executive Vice President and Regional Director of RE/MAX INTEGRA, New England. “The city of Boston is experiencing a boom in the luxury market, and this office is perfectly timed to react to high consumer demand.”

Opening Friends RE/MAX Destiny specializes in luxury condominium marketing, condo        conversion and development. They rank consistently as one of the top ten  companies for condominium sales in Massachusetts. RE/MAX Destiny has  seen a 23% increase in agent count since 2012, and sales volume has increased  107% from January to July of 2015, over the same period in 2012.*

 Turcotte has more than 25 years of real estate experience and  opened his first RE/MAX Destiny office in 1999. His team is comprised  of 65 experienced, professional agents.

 “The new office is a perfect complement to our other two locations in Cambridge and Jamaica Plain,” said Turcotte. “The South End location fills the gap right in the heart of the city, which allows us to fully cover all aspects of Boston’s luxury real estate market.”

*Data provided by RE Stats.

About RE/MAX INTEGRA, New England:

Since its inception in 1985, RE/MAX INTEGRA, New England has grown to over 200 offices and 2,700 sales associates throughout Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, providing franchised residential and commercial real estate services to its franchisees and their real estate professionals.

RE/MAX of New England is owned by RE/MAX INTEGRA, a privately-held company headquartered in Toronto, Canada. RE/MAX Integra is the largest sub-franchisor of RE/MAX, LLC worldwide, and represents 28,000 agents and approximately 30 percent of RE/MAX, LLC.

For more information about RE/MAX of New England or RE/MAX INTEGRA, visit the RE/MAX of New England blog at www.remaxne.com and follow us on Twitter at @REMAXNE. RE/MAX is proud to help raise millions of dollars and support local charitable organizations including Children’s Miracle Network Hospitals.

###

 

 

 

 

 

 

 

Email, RSS Follow
Share

July is Best Month for Mass. Home Sales Since 2005

July is Best Month for Mass. Home Sales since 2005, Grow 24.3 Percent Year-Over-Year

This_Old_House

The condo sales market in July was also robust, seeing 2,794 sales, the most since August 2007. This month’s mark was a 20.07 percent increase from July 2014, which had 2,327. July 2015 supplanted last month as the best month in the eight-year stretch. There were 2,764 in June. The median condo price in July was $337,500, up 3.85 percent from July 2014, when the median was $325,000. Year to date the median condo price has is $316,685, up .86 percent from $314,000 at this time last year. Warren Report read more…

July Monthly Indicators Greater Boston Real Estate Association

Email, RSS Follow
Share

Paul’s Somerville Condo Trends – August 2015

AST

Somerville inventory was down 3.5% compared to August of last year. The number of condos that went “Under Agreement” remained in positive territory up 13%. Condo sales month to date were unchanged. Whereas sales year to date showed a negative 19% below August of last year. The average sales price increased by 10% to $516,018. The average sold square foot price went up $32 to $477 per square foot with an average unit size of 1,221 square feet.

Somerville Market Report – July 2015

ASC

Email, RSS Follow
Share

New England Housing Report for July

Natick, MA – August 19, 2015 – The residential market in New England flourished in July, with all six New England states experiencing impressive double-digit growth in sales year-over-year. Throughout the region, sales are up 17.8%, pending sales are up 19.9% and average days on market is down 9.7%.
21,108 home sales were recorded in July, accounting for over 22% of this year’s total transactions. The region experienced a modest 2.4% increase in sales over June 2015, and has been climbing each month since February.
“As expected, sales in New England have continued to grow throughout the summer months,” said Dan Breault, EVP/Regional Director of RE/MAX INTEGRA, New England. “The market has continued to favor buyers over the spring and summer seasons with months supply of inventory increasing in each state since January of this year.”
To read the full report, click here.

Email, RSS Follow
Share

Cambridge – Somerville Condo Trends for July 2015

By Paul Turcotte – Reports on other towns or property type and price ranges available on request.

Condominium sales rose in June with a total of 2,794 transactions completed compared with 2,429 in June 2014, a 15.0 percent increase. June marked the best month for condo sales since August 2007 and the first time in seven consecutive months that condo sales have increased on a year-over-year basis. Year-to-date sales of condos are down by 0.7 percent with 9,526 sales completed during the first six months of this year compared with 9,590 recorded during the same period last year. Read more from the Warren Group…Condos Sales Increase By 15.0 Percent…

July_Txt

July_Chart

Cambridge condo inventory continues to frustrate buyers and their agents being down 32% from a year ago. Now for some acceptable news, the number of condominiums that went “Under Agreement” was only 4% below the end of July 2014. Condominiums sold last month were 11% less with year to date sales down 7%. The average sale price remained stable at $745,246. The average sold square foot price was up $24 to $675 per square foot with an average unit size of 1,129 square feet.

Cambridge Market Report – June 2015

Somerville inventory was down 16% compared to July of last year. The number of condos that went “Under Agreement” was in positive territory up 14%. Condo sales month to date still ran a negative 8% with sales year to date coming in at 23% below the same time last year. The average sales price declined from $604,000 in June to $582,249. The average sold square foot price went up slightly to $500 per square foot with an average unit size was 1,195 square feet.

Somerville Market Report – June 2015

Email, RSS Follow
Share

Cambridge – Somerville Condo Trends – June 2015

See condo sales information in Warren Group article on Bay State Homes for May or review New England market activity New England Housing Report

June_Trends

Cambridge condo inventory continues to frustrate buyers and their agents being down 37% from a year ago. The number of condominiums that went “under agreement” improved although remaining off by 6% from the end of June 2014. Condominiums sold in June were 2.5% off with year to date sales remaining down by 8%. The average sale price continued to rise in June to $743 from $701 in May. The average sold square foot price was $651 per square foot with an average unit size of 1,161 square feet.

Cambridge Market Report -May 2015

Somerville inventory was down slightly by 6% or 2 units compared to June of last year. The number of condos going “under agreement” was down 15%, a considerable drop from the previous month. Condo sales month to date ran a negative 21% with sales year to date coming in at 27% below the same time last year. The average sales price declined from $656,000 in May to $604,000 in June. The average sold square foot price remained the same month over month at $483 per square foot. The average unit size was 1,302 square feet.

Somerville Market Report May 2015

 

Email, RSS Follow
Share

Cambridge Condo Trends May 2014

Cambridge Condo Trends 6-2014Statewide condominium sales increased, rising more than 8% to 1,493. A total of 4,546 condo sale transactions were recorded in the first four months of the year, a 2.4% jump from 4,439 the prior year. Overall housing sales are down slightly for the fourth straight month. The condo segment took the lead showing that, once again that the market improves from the greater Boston epicenter and ripples out as the market improves.  All be it ever so tentative due to the lack of inventory.

Cambridge Cono Sales Chart May 2014

In Cambridge, 78% of May condo sales went over-ask and seven sold for at least $100,000 over-ask. Two Cambridge condos went more than $200,000 over-ask. The residents of Cambridge, who so often become leaders in academia, medicine and business, can now consider themselves, over-ask leaders as well. Source: Bates By The Numbers – Read more….

Email, RSS Follow
Share