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BOB  DIMARTINO
ERA Belsito & Associates
100 Court Street - Plymouth, MA 02360

617-922-8701
bobdimartino@comcast.net

Welcome to www. DiMartinoRealEstate.com

We've been providing a superior level of informed, professional real estate service to Massachusetts home buyers and sellers
for over 17 years.
Whether your idea of Home Sweet Home is a place in the city, found along a tree-lined street, beachfront, off that beaten path, or at the end of a cul-de-sac, we can help you put those dreams to reality and start living the dream you have in mind for yourself and your family.

If you are considering the sale of your family home, your second home, an inherited property, an investment property, residential, commercial, land, or otherwise, we possess the experience, the knowledge and the skills to navigate you through any and all aspects of such an important transaction. You will never have to go it alone. Just give us a call. 

If you just want to talk. If a real estate transaction might be in your future and you are looking for answers, we don't bite! We will always make time to answer questions and share our expertise with people in need of it. Just pick up the phone or send us a message. We are here to help! 

Boston, it's South Shore, and Cape Cod Real Estate
are among the fastest growing markets in the state.


Give us a call and we will help you with exactly what you're looking for.


Click here to learn more about us and our background in Real Estate:

http://www.bobandjen.com/Web/AR688070/About/index/5671396


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Real Estate News

Latest Realty News from NAR

President’s Day 2019: How Does the White House Compare to the Average Home?

In the spirit of President’s Day we can use data from the 2018 Profile of Home Buyers and Sellers to see how the typical home differs from the White House.

Typical Home Purchased in the U.S.

  • 86% of buyers purchased a previously owned home, with 82% of buyers choosing a detached single-family home.
  • Looking by first-time and repeat buyers, both also purchased detached single-family homes more often with 80% of first-time buyers and 83% of repeat buyers.
  • 51% of all buyers purchased their home in a suburb/subdivision.
  • The typical detached single-family home purchased was 1,980 square feet.
  • Recent homes purchased also had a median of 3 bedrooms, 2 bathrooms, and were built in 1991.
  • Among all buyers, the expected length of tenure in the home purchased was 15 years.

The White House

  • The White House was built in 1792, and in comparison is located in an urban or central area.
  • The White House contains 6 levels, has 132 rooms, including 35 bathrooms.
  • It also includes features such as: a tennis court, jogging track, swimming pool, billiard room, movie theatre, and bowling alley.
  • While the median expected tenure in a home lasts around 15 years, in the White House the expected tenure is between 4 and 8 years.

 

For more information on this data check out the President’s Day Infographic and the 2018 Profile of Home Buyers and Sellers.

Home Buyer Households: Valentine’s Day 2019

Using data from the 2018 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices.

  • Among all recent home buyers, 63 percent were married couples, 18 percent were single females, nine percent were single males, and eight percent were unmarried couples.
  • Four percent of recent buyers identified as gay or lesbian, and one percent identified as bisexual.
  • Among first-time buyers, 54 percent were married couples, and 67 percent of repeat buyers were married couples.
  • Among first-time buyers, 16 percent were unmarried couples, and five percent of repeat buyers were married couples.
  • Among all home buyers, 82 percent purchased a detached single-family home, eight percent purchased a townhouse/row house, four percent purchased an apartment or condo.
  • Eighty-seven percent of married couples, and 83 percent of unmarried couples purchased a detached single-family home.
  • Married couples were typically 45 years old with a household income of $106,300. They typically purchased a home that was a median of 2,070 sq. ft., for $289,000.
  • Unmarried couples were typically 34 years old with a household income of $88,800. They typically purchased a home that was a median of 1,630 sq. ft., for $219,000.
  • Single females were typically 54 years old with a household income of $61,400. They typically purchased a home that was a median of 1,550 sq. ft., for $189,000.
  • Single males were typically 52 years old with a household income of $73,200. They typically purchased homes that were a median of 1,590 sq. ft., for $215,000.
  • Fifteen percent of all buyers were influenced to choose their neighborhood based on the convenience to a vet or outdoor space for their pet. 20 percent of unmarried couples chose their neighborhood based on the convenience to a vet or outdoor space for their pet.

For more information on how relationship status and household composition affects homeownership choices, check out the 2018 Profile of Home Buyers and Sellers and the Valentine’s Day infographic.

December 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates were unchanged from last month at 4.99 percent this December, and up 18.2 percent compared to 4.22 percent a year ago.

  • Housing affordability declined from a year ago in December moving the index down 8.4 percent from 161.2 to 147.6. The median sales price for a single family home sold in December in the US was $256,400 up 3.4 percent from a year ago.
  • Nationally, mortgage rates were up 77 basis point from one year ago (one percentage point equals 100 basis points).
  • The payment as a percentage of income was down from last month at 16.9 percent this December and up from 15.5 percent from a year ago. Regionally, the West has the highest payment at 23.4 percent of income. The South had the second highest payment at 16.7 percent followed by the Northeast at 16.5 percent. The Midwest had the lowest payment as a percentage of income at 13.1 percent.

  • Regionally, the Northeast recorded the biggest increase in home prices at 9.2 percent. The South had an increase of 2.7 percent while the West had a gain of 2.3 percent. The Midwest had a modest decline in price of 0.1 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 14.3 percent. The South had a decline of 8.2 percent followed by the Midwest that fell 5.8 percent. The West had the smallest drop of 5.6 percent.
  • On a monthly basis, affordability is up from last month in all of the four regions. The Midwest region had the biggest increase of 4.7 percent. The Northeast had a decline of 3.1 percent followed by the West with a dip of 2.3 percent. The South had the smallest gain in affordability of 0.3 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 191.5. The least affordable region remained the West where the index was 106.9. For comparison, the index was 149.3 in the South, and 151.8 in the Northeast.

  • Mortgage applications are currently down while credit availability is up. Home prices are up 3.4 percent while median family incomes are growing 3.6 percent. Sales declined this year due to affordability issues, which has been more impactful than a healthy job market. Gains in affordability in all four regions are a good sign in the current market. Rate changes have an impact on the housing sector so small hikes can influence the effect on finances for potential homebuyers.

  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.
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Testimonials

We really can't say enough great things about Bob and Jen DiMartino. From our initial phone call and meeting with Bob, we found him to be knowledgeable, forthright, and a great listener. He maintained open lines of communication about our listing and kept us updated throughout. Jen created stunning print and social media materials that showcased our house and hit our target market. But it's all about results, and we got results: Two weeks after our initial meeting with Bob, our listing went "live". Two weeks after that, Bob found our buyer. Two weeks later, we had an offer. Two weeks after that, we signed our P & S. Two weeks after that, we closed. From start to finish, Bob and Jen sold our house in 90 days! With results like that, we give Bob and Jen our highest recommendation! N & R, Sagamore Beach $650k
I would highly recommend Bob DiMartino as a realtor!! He was outstanding to work with. He showed honesty, dedication and was very caring towards my husband and myself. Whenever we had any questions or concerns, Bob would always return our calls in a timely manner. He is 100% dedicated towards his clients and takes pride in his work. I have to say that Belsito should be very proud to have Bob as a part of their Team!!!! Nick & Nancy, Plymouth MA Beachfront Property
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