Real Estate Information

Greater Boston Real Estate Blog

Mike DelRose Team

Blog

Displaying blog entries 491-495 of 495

Discovering Newport, Rhode Island

by Mike Delrose Jr.

My family became sick of the Cape in the mid 1990's. We were sick of the traffic, sick of the congestion, and sick of having to drive five miles in any which direction to get places. Don't get me wrong, I love the idea of the Cape and everything it has to offer, but we found ourselves a gem in Newport, RI. 

in 2001 we searched high and low for a second home and checked out areas like Plumb Island, Rockport, & Plymouth. We wanted the beach house without the frustration of Cape Cod. Well, we found and bought our beach house in 2002 and with it came the full amenities of Newport. There are drawbacks to every location and the biggest one is parking, but the benefits far outweigh the parking situation. I'll call it a fair trade off because there's virtually never any traffic out of Boston after you reach route 24 which takes you all the way through Rhode Island.

Newport is essentially Cape Cod condensed into something like three square miles. Our house is actually about a mile from downtown and we walk everywhere. We are located on The Point which is a historic district separated from the noise of the tourist area and is also adjacent to Narragansett Bay. But if you're taking a day trip or spending a weekend you want to be in the center of things.

On our walking trip downtown we stop by the Rhumbline Inn, one of the best restaurants in the city, unknown to most of the tourists. Welcoming visitors to the city is the Gateway Center, a place to stop and discover the in and outs, attractions, and restaurants. Next door is the Marriott, and across the street is Cardine's Field, home of the Gulls and one of the oldest ball parks in the country. We walk by some nice attractions and we haven't even made it downtown yet. 

As we continue on America's Cup Avenue (named for the sailing race that originated in Newport), we can head towards Brick Market, upper Thames Street, Bowen's Wharf, Long Wharf, or lower Thames Street. These areas all contain great shops, restaurants, boutiques, and of course they come fully equipped with a view of the harbor and lots of people. Some of the popular restaurants in the area include Brick Alley Pub, Scales & Shells, the Red Parrot, Puerini's, Sardella's Italian Restaurant, & O'Brien's Pub. I recommend all of these as well as the finer dining restaurants that include the Mooring, 22 Bowen's, the Spiced Pear, & Castle Hill (located on Ocean Drive). Downtown has great nightlife as well and includes a plethora of bars and clubs like the Blues Cafe, Gas Lamp Bar & Grille, one Pelham East, Rhino Bar & Grille, & O'Brien's Pub (my personal favorite).

In addition to the shopping and diverse dining found right downtown, there are a number of activities I suggest you check out. If you're interested in seeing the the Mansions (The Breakers, Marble House, Belcourt Castle, the Elms, Dorris Duke Mansion, Rosecliff, etc.), which I strongly recommend, you can travel by car or cab to Bellevue Ave as there's ample parking and plenty of mansion to go 'round. While you're visiting you can also check out the Cliff Walk which has some great views of the water and backsides of the Mansions. The cliff walk stretches a few miles and travels along side Salve Regina University, my alma mater. The history of Newport is amazing; did you know during colonial times Newport was actually the 5th largest city of the colonies? Former Rhode Island State senator and Newport Mayor Robert McKenna told me that. The city also features many original colonial homes, and if I'm not mistaken, the most in the country. 

Looking for a little more adventure? Try the Vineyards (actually located in Middletown) or Fort Adams State Park for a sailing lesson. Summertime is also a busy time of year for the area which plays host to a different festival or celebration every weekend. Chowder festivals, Jazz festivals, comedy events, tall ship weekend, winter festivals, Oktoberfest, and boat shows bring in traffic year round. Newport is quickly becoming a weekend get-a-way destination in the winter as well. They even have their own version of the Cape Cod Melody tent that showcases a lot of these weekend attractions.

Not only is Newport a family oriented place, but they're dog friendly too. While our yorkie doesn't like the surf too much, she enjoys the many parks throughout the city. if you're looking for more information on Newport, be sure to check out the Links I posted or feel free to contact me.

Or, to take things a step further, our team leader has a real estate license in Rhode Island. If you're looking in Newport or the surrounding towns of Narragansett, Middletown, Portsmouth, Bristol, Cranston, Little Compton, or anywhere else, feel free to inquire. Either way, check it out for a nice weekend get-a-way. (Insert typical sales person stereotype here).

 

New Website, A More Helpful Resource

by Mike Delrose Jr.

When I first joined the team this September, I was charged with the responsibility of extending the value that a real estate team brings to its clients. One of the ways I intend to do this is make our website a resource tool worthy of saving to your favorite pages. We truly intend to be your source for Greater Boston Real Estate. For the purposes of our company, we will define real estate not only as the place you reside in, but your surrounding area, neighborhoods, school systems, sports teams, places to eat, businesses, etc.

To take advantage of some of these features, check out our Links page where you will find these tools and more. As always, you can feel free to contact me with your own ideas, favorite websites, or suggestions that I can take into account. Interaction with you is important because we are going to change the way we do things if it helps serve you better. 

For now, I've added about 100 Links to the page with the things I find most relevant. I will be updating the page as we move forward and specifically the tools and resources section. There's a plethora of free internet-based tools and services you can utilize that make things a lot easier. The goal is to have all these links in one place. 

While you're roaming around the Links page be sure to look into its sub-menu, Our Partners page. This page is dedicated solely to the people we work with on a consistent basis and we can provide more than just a couple of reasons on why you should work with them. We've been working with these companies to provide a better value for our clients that choose to work with us. We chose to work with companies like Haddad Hakansson & The Closet Factory in particular because they have the ability to add value to a buyer or seller.

New Partner; Closet Factory

by Mike Delrose Jr.

In a recent business meeting with Barbara O'Connor, Senior Design Consultant of the Closet Factory, she pointed out that when seeing a house, men and women have tendencies to value different aspects of the property. One thing they both look at? Closets. A Partnership was born.

Teaming up with the Closet Factory gives our clients access to the best organization specialists in Greater Boston. What is so special about this company is that a design consultant meets you at your home and customizes a solution. Too often do we hear about a company coming in and slapping down a piece of furniture or entertainment center that clearly doesn't fit the space. 

While their name boasts specialization in the closet, they are so much more. Mike Sr. and Myself had the opportunity to visit their showroom in Wilmington and we were amazed at the different opportunities they offered. 

We learned a great deal about organization that day and discovered that a lot of people were utilizing smaller space and had better layouts or storage solutions to satisfy their needs.

The Closet Factory has organization solutions for kitchens, living rooms, bathrooms, bedrooms, closets, garages, and pretty much anything that potentially could be a mess. They are also known for their "Murphy Beds" that bring back an old trend in a new style. 

Now, I'm sure you're wondering why on earth you would contract a company to organize a closet. Well, we didn't partner with them for just any reason. The Closet Factory is one of those special companies that add value to your home. That's what is most important to our clients. They come into play when you're looking to buy or sell a home and the benefit will remain long after the transaction ends. 

Even if you're a person that is relatively neat, there is opportunity to give your house some added features that you may have previously overlooked. Even for someone like me who lives in an older colonial with limited closet space, the Closet Factory offers solutions that even I can use to be more organized and to add value to my property. 

Be sure to check out their website and their information on Our Partners page (Links-->Our Partners). They have some great designs that always motivate me to become more organized.

http://www.closetfactory.com/boston/

New Partner; Haddad Hakansson LLC

by Mike Delrose Jr.

Today is a special day in the office as we officially announce a Partnership with Haddad Hakansson. Our newest team member is now the official interior designer of the Mike DelRose Real Estate Team. 

While they haven't torn apart our office just yet, they recently completed a large-scale renovation project that converted a church into luxury condominiums and christened it Mount Auburn Village.

I personally got to tour the building a couple of weeks back at an event put on by New England Home Magazine which featured an article about the project in its September/October issue. 

The opening night party was fantastic. Great company, great food, creative door prizes (personalized wine glasses made on-site by Tom Bwarie of Bwarie Gifts & Gift Baskets, www.bwariegiftbaskets.com), but the condos really spoke for themselves. I'm not an approved critic by any means, but when I say the word stunning, it means I was walking around with my lower jaw hanging in disbelief. Every room was coordinated in a way that brought new definition to the word class.

While I'm not living in a luxury penthouse that overlooks Chestnut Hill, I can proudly say that Haddad Hakansson designed our living room, kitchen, two bathrooms, and hopefully more rooms to follow. You can check out some of their work in the gallery on their website.

The greatest part about partnering with this firm is that we now can extend the value they have to offer to our clients. If you are a buyer they will be able to help shape your dreams into a very simple reality. It doesn't take a fortune to utilize their services and they will be able to add a lot of value to your home.

On the selling side, Haddad Hakansson can add tremendous value. Whether you're redoing a room, or simply painting for presentation, Haddad Hakansson will transform any area into a masterpiece. They are also our source of home staging and will always be available to give your house an added bonus. 

Be sure to check out their website as well as their section on our website (Links-->Our Partners).

www.HaddadHakansson.com 

 

Should I Buy a Home Now?

by The Mike Delrose Real Estate Team

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 491-495 of 495

Syndication

Categories

Archives

Contact Information

Photo of Mike DelRose Team Real Estate
Mike DelRose Team
RE/MAX Revolution
142 Galen St
Watertown MA 02472
Phone: 617-848-0000
617-923-8355
Fax: 617-926-5166