Tag Archives: tom ferry

Some Words about Weeds and Credit Scores

If you’re like us, the recent weather has resulted in a growth spurt of all types of vegetation in your yard. So, with a little help from  HomeKeepr, here’s what you need to know about weeds.

A weed is an unwanted plant, for sure, but it is also one that competes with your existing flowers and other plant life for resources. A good example of this is clover in your lawn. As time goes by, the clover out-competes the grass and largely takes over your yard. You’ll face similar problems with any weed, if it manages to become established.

One of the things that makes weeds so competitive is that most of the time you can’t just pull them up and be done with them. Dandelions are typically considered a weed, and even if you pull up a dandelion early you’ll still see more in your yard. This is because they have deep root systems that continue growing even if the flower is pulled free. Really getting rid of weeds means figuring out what the weeds are and what the proper way to eliminate them is.

Some weeds (including the dandelions and clovers mentioned above) produce flowers and are usually frequented by bees and other pollinators. Despite this, they’re still considered weeds instead of wildflowers. So what’s the difference between the two?

The primary difference between weeds and wildflowers is how they grow. Weeds tend to spread once established, growing to consume as many additional resources as they can and spreading their seeds as far as possible. Wildflowers are not as aggressive with their growth, instead growing densely in an area and spreading out from that area at a slower pace. This is why wildflowers are not generally considered competitive with existing plants; they aren’t likely to overrun an area in a short period of time and are much easier to contain to a single area.

If you want to promote the growth of wildflowers while getting rid of weeds and invasive plants, you need to learn to identify them. Search online to find out which weeds and invasive plants are common in your area, taking the time to search for images online so you can identify them even with slight variations in their appearances. There are also smartphone apps available that identify plants with a high degree of accuracy which you can use to identify weeds and invasive plants.

Other options include taking photos or clippings of the plants in question to your local agricultural extension office or consulting with your landscaping professional.


Is what you believe to be a low credit score stopping you from buying your first home or selling your current house and upgrading?

Your credit score could be better than you think…


We’re excited to be leaving soon to attend the Tom Ferry Success Summit 2019. As we’ve mentioned before, we participate in a number of training activities offered by the Ferry Group and this is the highlight of the year.

We’ll have the opportunity to not only participate in a number of sessions on industry specific topics, but also meet and network with other real estate professionals from around the country and from as far away as Israel and Australia.

The best part is that we’ll return with new ideas that will help us do a better job representing our clients.  We can’t wait to put into practice what we learn.

Enjoy your week…

Mari and Hank

Are We Shifting to a Buyers’ Market?

New figures from the Cape and Islands Association of Realtors suggests that we may be shifting from a sellers’ to a buyers’ market on Cape Cod.

Median sales price for 441 single family homes this May was $427,000.00. A year ago, 413 of those homes sold at a median cost of $429,000.00.

While a $2,000.00 difference may not seem significant, the statistics are more striking when looking at individual towns.

In Barnstable, median sales price this May was $396,500.00. Last May it was $424,500.00, a drop of 6.6%.

For Mashpee, the decrease from year to year was even more dramatic: $415,000.00 this year as compared to $472,000.00 in 2018. That’s a 12% decrease!

Median sales price for single family homes in Sandwich is down, as well: $418,750.00 this year, as opposed to $420.000.00 a year ago. That’s a 0.3% drop.

These decreases are offset by a 2.3% increase in Bourne and a whopping 17.8% in Falmouth.

While a shift to a buyers market is not necessarily a bad thing, those of you who have been on the fence waiting for prices to inch higher potentially risk losing money, if you continue to delay. For buyers, the change could make the market more inviting if you have been shut out.

We’re happy to meet with you to review the most recent housing sales data and review your options. If you’re looking to either sell or buy, this could be the best time to act. (See the next section.)

Please contact us at 508-568-8191 or by using the comment section.

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3 Things to Know in the Housing Market Today!

3 Things to Know in the Housing Market Today! | MyKCM

A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet.

The following three areas of the housing market are critical to understand: mortgage rates, building materials, and the outlook for an economic slowdown.

1. Interest Rates

One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money. The biggest question is: “Are Low Interest Rates Here To Stay?” The latest information from Freddie Mac makes it appear they are. We are currently at a 21-month low in interest rates.3 Things to Know in the Housing Market Today! | MyKCM

2. Building Materials

Talk of tariffs could also affect the housing market. According to a recent article,  as much as $10 billion in goods imported from China are used in homebuilding. Depending on the outcome of the tariff and trade discussions between several countries, there could be as much as a 25% boost in the cost of building materials.

3. Economic Slowdown

We began the year with many economic leaders thinking we could expect a recession in late 2019 or early 2020. As spring approached, economists started to push that projection past 2020.  Now, three leading surveys indicate that it may begin in the next eighteen months.3 Things to Know in the Housing Market Today! | MyKCM

Bottom Line

We are in a strong housing market. Wages are increasing, home prices are appreciating, and mortgage rates are the lowest they have been in 21 months.  Whether you are thinking of buying or selling, it’s a great time to be in the market.

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Congratulations to Joe O’Connor and Jennifer Webster, the husband and wife team who own Sandwich’s Holly Ridge Golf Course, for being the cover story in the most recent edition of MassGolfer magazine.

Holly Ridge is our home course. It’s a challenging par 3 layout that tests your skills without taking all day to play 18. Their youth program, under the guidance of teaching pro Darren Falk, is becoming increasing popular.  Our seven year old granddaughter is in her third year of lessons.

The restaurant is top notch with a great staff and award winning menu items. We’ve hosted a client appreciation party there, as well as family and friends after Hank’s Mom’s funeral.

If you haven’t played Holly Ridge yet, we recommend it. If you’re not a golfer, the restaurant is worth the trip. (If you see Jen or Joe, tell them we sent you!)

Enjoy your week….

Mari and Hank

 

Introducing Our New Logo!

 

 

We’re excited to share with you our new logo.

 

It’s a concrete signal to our customers, clients, and friendly competitors that real estate is more than something we dabble in. It’s not a part time job for us, but a full time commitment to provide the best advice and customer service possible for those who choose to make their move with Mari.

 

Mari Sennott and Associates is our business.  We’re passionate about helping people reach their Cape Cod real estate goals. Whether you’re a first time home buyer, looking to up size, or maybe move to something a little smaller. we’re here to team with you.

 

Contact us via the comment section or by calling 508-568-8191. We’d be happy to meet with you.

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Our new logo was designed by Jennifer Adler of Survival by Design.

 

Jenn and Hank worked together in the Communications Department at United Way of Rhode Island.  Hank left UWRI in 2008, but has continued to work with Jenn on a number of design projects, including several for Enel Green Power North America, a division of Italy’s Enel Green Power, where he was head of external relations and communications.

 

She’s very talented and creative with experience in a number of areas. (Jenn also has a cool line of greeting cards that are not your typical Hallmark store variety.)

 

Please check out her work at www.survivalbydesign.net.

 

We highly recommend her.

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Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the housing market?

 

According to industry resource KCM, if you are a buyer or seller (or both), you need to know what it will mean to your family if you go ahead with the move. You need to understand three things:

 

  1. What is happening in the housing market right now?

You must get past those fear-mongering headlines and gain a deep understanding of what is truly happening. How strong is buyer demand right now? How much competition do listings have today compared to what they will have in the spring? People want to make an educated decision on what is probably their family’s greatest financial asset.

 

  1. Why is it happening?

Understanding the individual pieces that impact the sale or purchase of real estate is important. Understanding how those pieces impact each other is critical. How does the amount of a down payment impact the mortgage rate you will be offered? Can you still price your house a ‘little ahead’ of the market and still be sure it will sell?

 

  1. How do the first two affect your local market?

Basically, you want an understanding of the overall housing market and a simple and effective explanation of how it will impact your personal real estate goals.

 

The best way to get answers to all three is to contact knowledgeable real estate professionals in your area (like Mari Sennott and Associates!) who understand the shifting real estate market and can expertly guide you on the journey to reach your housing goals.

 

We’re here to help…

 

Enjoy your week

Mari and Hank

Home Sale Prices Reach an All-Time High

   It continues to be a sellers market on Cape Cod.

According to initial data just made available by the Cape Cod & Islands Association of Realtors (CCIAOR), the median sale price for single family homes hit an all-time high in July: $439,700.

In July 2017, the median sale price for a single family home was $379,950.

That’s an increase of almost $60,000!

Year to date, 2,223 single family homes have been sold on Cape for a median price of $422,500. In 2017, 2,429 single family homes were sold with a median sale price of $389,000. (A $33,500 difference.)

While the market is always changing, homeowners should be having serious conversations about whether they want to take advantage of these record high prices.

September and October is a busy time for hiring and potential job transfers. Families return from vacation, schools reopen and work resumes its normal routine. Personnel managers are more available for interviews and applicant screening.

Fall is also the time when potential buyers, who are looking to be settled in their new homes by the holidays, begin to look in earnest.

If you’re thinking that now might be the time to sell your home, we’d happy be to sit down with you and discuss options. Just contact us via the comment section or call 508-568-8191.

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With school re-opening, children will again be standing on sidewalks and street corners waiting for the bus. They don’t always pay attention, so it’s important to be vigilant, especially on side streets where maybe we’ve become accustomed to driving a little quicker since June.

If your schedule allows it, this is also the time to contact your local school to see what the needs may be for volunteers, guest readers, or tutors.

It’s a great way to meet your community’s dedicated teachers and interact with our very curious younger generation,

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When writing about the Tom Ferry Success Summit that we attended in California, we told you about the Realtors, who were killed in a private plane crash on their way to the conference.

Ferry and his wife, Kathy, committed to match the proceeds from the sale of event tee-shirts on the first day of Summit with the funds sent to the victims’ families.

With the Ferry match, $23,000 is being donated; hopefully in some way helping loved ones through a difficult time.

Mari and Hank