What is a smart home? Many people have been talking about “Smart Home Technology”. Although it’s an industry that started long ago, it is rapidly expanding and the products that are available and continue to be developed is growing with increasing speed and diversity. The term “Smart Home” has become a common phrase but until recently there was no working definition. CNET and Coldwell Banker have worked together to create a definition that has offered consistency that consumers and professionals can work with. Coldwell Banker has also supported CNET in creating a Smart Home home in Louisville where they are able to test out Smart Home products and technologies.
Coldwell Banker has just attended the consumer electronics show, CES 2017, and has been reporting on many of the the new smart home products we will be seeing in the market place. It won’t be long before we see Smart Home products in homes as frequently as we see common household appliances and features like central air conditioning and vacuums.
As we watch the rapid flood of products enter the marketplace we advise really thinking about what benefit any particular product will provide and how they work with each other. There are so many types of products to choose from.
We are now both certified as Smart Home agents. Contact John & Cindy Farrell for guidance and to answer questions about Smart Homes. 978-468-9576
Sold July 27, 2015 for $255,000. See homes currently on the market in Hamilton and Wenham, MA
Beautiful setting looking out over Essex County Greenbelt property. Enjoy the fabulous morning light in this peaceful location. Also very close to Bradley Palmer State Park. This ranch style home is set on .25 acres. Great home to renovate or the possibility of rebuilding. This five room, two bedroom, one bath home is in need of extensive renovation. The home is 968 square feet and the septic system is in the process of being designed. (more…)
John & Cindy Farrell – Coldwell Banker
Trying to understand the Real Estate News on the North Shore. There is a lot of information and reporting about the low inventory of homes available to buy. We have many buyers that are just waiting for homes to come on the market. Many sellers are concerned about selling their homes, afraid they won’t be able to find a home to buy once they have sold the one they have.
See the video with Pat Villani, president of Coldwell Banker Residential Brokerage discussing the current market on WGBH Greater Boston.
There are many factors that contribute to our real estate data. Situations like this have the potential to effect the sales data we will be hearing about in the future. Not enough homes for the buyers that are wanting to buy means lower numbers of home sales will be reported. See the News Release by the National Association of Realtors, “Pending Home Sales Slip on Constrained Inventory.” (more…)
John & Cindy Farrell – Coldwell Banker
Preparing to sell a home on the North Shore of Boston. Have you been wondering how the renovations you have done or plan to do to your home will impact the value? Remodeling Magazine has put out their cost vs value report for 2014. This is an interactive report that breaks it down by type of project and region. They also have graphs that show you how things have changed over the years.
Remodeling Magazine explains what the numbers mean. There are many factors that can contribute to differences.
The numbers shouldn’t be applied to an individual home or project without exploring all the available information for a specific home. If you are considering selling or if you are planning a renovation project we can help you early in the process. John & Cindy Farrell 978-468-9576
“© 2012 Hanley Wood, LLC. Complete data from the Remodeling 2012-13 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.”
Update February 5, 2014
Houzz.com has a great calculator to research what people are paying for remodeling projects in different locations. You just put in your zip code and type of renovation. This is a great tool! Here is the link.