This New England home is perched on the edge of the harbor…

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This New England home is perched on the edge of the harbor. If location is everything, then this home certainly has it all. However the kitchen was in need of an upgrade. The kitchen had fallen out of style and function. Built-in cabinetry from the living room walled off the kitchen, making it feel like a closed and cramped space, which isn’t reflective of the landscape and ocean beyond.

Keep Reading: https://www.grandbanksbp.com/blogs/blog/seaside-design

All Six Condos on Former Amelia’s Site SOLD on 4/22/19

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All Six Condos on Former Amelia’s Site SOLD on 4/22/19

GLOUCESTER, MA –  McDermott & MacCarthy of Gibson Sotheby’s International Realty, has successfully marketed and sold all six luxury units, known as Good Harbor Beachside Condominiums, to one investor. Located directly across from Gloucester’s well-known Good Harbor Beach, Good Harbor Beachside Condominiums is a new construction development on the former site of Amelia’s Restaurant. Bob and Sue McDermott and Kenny MacCarthy, who live on Cape Ann and serve clients on Massachusetts’ North Shore, sold all six units for $5.5 million to The Brennan Group, a Boston-based real estate investment and development firm. According to public records, the trade took place on 4/22/19.

“We were staging, shooting video, and preparing for six individual sales on the open market when we decided to pre-launch the units with our Whisper Campaign. Yet again, our strategy was successful,” said Kenny MacCarthy of McDermott & MacCarthy. “Our client was thrilled that we were able to facilitate the sale of all six units to one buyer. This demonstrates the power of planning and superior marketing strategies, as well as the cache of the Gibson Sotheby’s International Realty brand.”

“Good Harbor Beachside offers a premier, concierge-style living experience at one of the most sought after locations on Cape Ann,” added Sue McDermott of McDermott & MacCarthy. “The bespoke features and luxury amenities are enhanced by their proximity to Good Harbor Beach. Imagine owning a modern luxury home positioned directly across the street from a gorgeous stretch of oceanfront sand. It is simply idyllic.”

The six units are now offered individually by a local real estate firm.

To learn more about McDermott & MacCarthy, visit nshoremove.com or follow McDermott & MacCarthy on Instagram at @mcdermott_maccarthy.

Summer Rates Heating Up

Summer Rates Heating Up

We have finally got some warm weather to compliment the hot real estate market that has been occurring this spring.  The question earlier this year was, what are rates going to do and how was that going to influence the housing market???

You will notice from the above graphic, that in May 2018 rates were close to 4.5% and moving up to almost 5% at year-end 2018.  January 2019 the rates dropped, and then in March, they really dropped and where they stay today…the low 4’s.  The reason this is happening is because, as I wrote in March, the Fed decided to keep rates unchanged for the most part in 2019. The markets reacted favorably to this news, and rates began to settle down.  Because there is no talk of future rate hikes, and with uncertainty in the trade and tariff markets, mortgage rates have benefited.  And you can too!

Were you trying to buy a house last year but the rates were too high?  Did you try to refinance but the cost was too much?  With these lower mortgage rates, buying power, refinancing power and equity growth can now be easier to achieve.

Buying and refinancing with lower interest rates allow you to have lower payments, increased equity potential and better overall financial health.  Also with higher home prices, existing homes now have more equity.  That means lowering or removing PMI,  taking cash out for home renovations, debt consolidation or college tuition.

With lower mortgage rates, there is so much you can do.  To learn more about what you can do to take advantage of these lower rates, contact me today for a no commitment, hassle-free financial review.  You have nothing to lose but money!

Brandon Pratt- NMLS 46922

CrossCountry Mortgage- 180 Main Street, Gloucester, MA

brandon.pratt@myccmortgage.com * 617.688.6891

Pratt Sign

OPEN HOUSE MEMORIAL DAY WEEKEND – 130R EASTERN AVE IN GLOUCESTER – SAT/SUN/MON 11AM-1PM $829,000

If high quality craftsmanship with beach and ocean views is what you’re looking for then this newly built townhouse is a must see. Set up high overlooking Gloucester’s famed Good Harbor Beach and the Atlantic Ocean sits the perfect blend of beauty and quality. You will feel its impressiveness immediately as you enter through the custom stone pillars and windup the driveway through the professionally landscaped grounds. The main level offers ocean views throughout an open living area highlighted by amazing detail such as a coffered ceiling, chair rails, crown moldings and a custom built kitchen with Thermador appliances. This level also provides a half bath and an additional room with a full bath perfect for guests, an office or den. The second floor has two bedrooms, a full bath, and a stunning master suite that opens to a deck with an outdoor gas fireplace and expansive ocean views. This amazing property simply surpasses the norm for today’s new construction development.

https://youtu.be/DYdGuhxRznA

GREAT NEW PRICE! LOW CONDO FEES! NO FLOOD INSURANCE NEEDED! BEAUTIFUL WATER VIEWS FROM JUST ABOUT EVERY WINDOW! $819,900

OPEN HOUSE THIS WEEKEND, 5 STANWOOD POINT, UNIT B, SATURDAY 5/25 12:00 – 1:30PM 3 BEDROOM, 3.5 BATH, OPEN CONCEPT LIVING ROOM/KITCHEN/DINING AREA. A LARGE DECK AND TWO LARGE PATIOS, ONE WITH A FIREPIT FOR YOU TO ENJOY THE BEAUTIFUL SUMMER NIGHTS ON. 

COME VISIT ME THIS MEMORIAL DAY WEEKEND. NEW CONSTRUCTION RIGHT ON THE HEADWATERS OF THE LITTLE RIVER AND THE ANNISQUAM. 

OH 5 Stanwood  click for more information

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Reaching your goals often requires thinking outside the box. And that’s just what this homeowner did.

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Most of the time, the things you want don’t just fall into your lap. Reaching your goals often requires thinking outside the box. And that’s just what this homeowner did.

“It never hurts to ask.” It’s amazing how far you can go with such a simple phrase. The home of your dreams may be outside of your budget, or may not even be on the market, but what if you just asked. The answer is always no if you don’t ask.

Read More: https://www.grandbanksbp.com/blogs/blog/outside-the-box