Lorraine Pesce, Realtor

Coldwell Banker Residential Brokerage - Newburyport
Direct Line 978-697-4726

"A Good Investment is Worth a Lifetime of Labor"
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Lorraine Pesce
Coldwell Banker Residential Brokerage
61 State Street
Newburyport, MA 01950

Phone: 978-462-4430
Cell Phone: 978-697-4726
Fax: 978-992-4561
Email: lorraine.pesce@nemoves.com


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Welcome To My Website

Take advantage of my 16 years experience and begin your search here for your next home with a full time, dedicated Real Estate professional. Enter your search criteria and you will have access to all properties on the market. In addition you can choose to receive a daily e-mail for new properties that come on the market, by signing up.

I look forward to working with you. Please don't hesitate to call me with any questions or requests for appointments on my direct line, 978-697-4726, or my e-mail lorraine.pesce@nemoves.com


June 2010 Housing Stats
“As we anticipated, there was a big jump in closed sales in June as buyers pushed to close before the June 30 deadline to take advantage of the homebuyer tax credit,” said 2010 MAR President Kevin Sears, broker/co-owner of Sears Real Estate in Springfield. “The tax credit did its job and got the market moving again. The activity over the next couple of months will answer whether the momentum was sustained.”

There were 5,179 detached single-family homes sold this June, a 24.9 percent increase from the 4,147 homes sold the same time last year. This is the most homes sold in any single month since June 2006. On a month-to-month basis, home sales were up 32.4 percent from 3,911 homes sold this past May.

The median selling price for single-family homes in June was $331,150 an increase of 8.2 percent compared to $306,000 in June 2009. This is the eighth straight month of year-over-year gains and it is also the highest median price of any month since June 2008. On a month-to-month basis, the June median selling price was up 10.8 percent from $299,000 in May 2010.

The June condominium market was up 31.3 percent compared to the same time last year (from 1,623 units sold in 2009 to 2,131 units sold in 2010). This is the most condominiums sold in any month since August 2007. On a month-to-month basis, condominium sales were up 30.3 percent compared to the 1,635 units sold this past May.

Condominium median selling prices in June were up 3.6 percent from $275,000 in 2009 to $285,000 in June 2010. On a month-to-month basis, the median selling price of a condominium was up 8.8 percent from a May 2010 median of $26299,000.

Inventory and Days on Market:

The inventory of single-family homes as of June 30, 2010 increased 5.0 percent from June 2009 (29,949 listings in 2009 to 31,538 listings in 2010) which translates into 6.1 months of supply in June 2010. This is down from 7.2 months of supply last year and down from 7.7 months in May 2010. This was the fourth straight month of inventory gains.

The inventory of condominiums on the market in June was essentially the same as the year before (12,406 listings in 2009 to 12,344 listings in 2010), which translates into 5.8 months of supply, which is down from 7.6 months in June 2009 and down from 7.4 months this past May.

Detached single-family homes stayed on the market an average of 107 days in June 2010 compared to an average of 135 days in June 2009. This is the lowest days on market average since December 2005. Condominiums stayed on the market an average of 114 days, down from an average of 135 days in June 2009. This was the lowest days on market average since August 2006. On a month-to-month basis, days on market for single-family homes were down from 114 days and condominiums were down from 125 days in May.

Quarterly Information:

The number of single-family homes sold in the second quarter of 2010 was up 31.9 percent compared to the same time last year (9,545 homes sold in 2009 to 12,591 homes sold in 2010). Median selling prices were up 6.0 percent from $292,500 in 2009 to $310,000 in 2010.

The condominium market experienced an increase of 38.5 percent in the number of units sold in the second quarter compared to the same quarter last year with 3,850 units sold in 2009 to 5,333 units sold in 2010. Median selling prices were up 3.4 percent from $261,121 in 2009 to $269,900 in 2010.





Sold.bmp                            ......Yet Another Change  


 Congress passed an extension of the closing deadline for the Homebuyer Tax Credit, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010, that have not yet closed. The legislation is designed to create a seamless extension; the new closing deadline for eligible transactions is now September 30, 2010. There will be no gap between June 30 and the date the President signs the bill into law. Extending the tax credit closing deadline will help provide additional stability to real estate markets across the nation.    Call me with any questions at 978-697-4726 or email at lorraine.pesce@nemoves.com


momsmall.jpg            About Me


Background
I have built my career on a business philosophy based on offering each and every client the very highest standards of service, integrity and trust. I believe that open and honest communication, experience, hard work and client loyalty are the keys to a successful real estate transaction. If you or anyone you know is interested in buying of selling a home in the Newburyport area, please feel free to contact me with all of your real estate needs. I give you my personal commitment to provide you with the quality, customized, premier service you deserve.



Awards and Recognition

  • Top 100 Award
  • Recipient of Carlson GMAC Real Estate`s Premier Service Award
  • Consistent winner of the Top Lister and Top Seller Awards




    • Testimonials
    “As owners of two small business, we immediately recognized the dedication and responsive we received for Lorraine.” J. and G. Santarlasci

    “Your patience, integrity and ability to advise us with counsel were the key components to the comfort we had working with you.” B. and K. Hickey

    “Lorraine worked tirelessly and optimistically to find a suitable, if not perfect, parcel of real estate to call my very own.” J. Earnshaw

    “The thought of moving again after only a two year stay was dreadful…but Lorraine handled our crazy schedules and our most detailed concerns about timing and finances and turned the whole experience into a pleasurable one.” J. and C. Hannon

    “Lorraine demonstrated exemplary skills both as a listing agent and selling agent with us. We highly recommend Lorraine Pesce as an outstanding Real Estate Professional...” K. and D. Irwin

    "You have helped us get into our dream home. And we know it was no easy task and you kept us and the whole deal intact throughout it all. We can't thank you enough. "A. and M. Powell

    We want to thank you for all the expertise, guidance and support you offered to us as our realtor. We feel like you represented our best interest at every step of the process. Steve C. and Moira C.


    Memberships and Affiliations

  • Certified Buyer Representative
  • Greater Newburyport Association of Realtors
  • National Association of Realtors
  • Massachusetts Association of Realtors
  • Property Information Network Multiple Listing Service



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    Photos Courtesy of Rachel A. Pesce


    		   
    The greatest compliment I can receive is a referral from my past clients and friends.


    Servicing: Abington, Abington-North Abington, Abington-West Abington, Acton, Acushnet, Adams, Agawam, Agawam-Feeding Hills, Alford, Amesbury, Amherst, Andover, Andover-Ballardvale, Andover-In Town, Andover-Shawsheen, Andover-South Andover, Andover-West Andover, Aquinnah, Aquinnah-Aquinnah, Arlington, Ashburnham, Ashburnham-Ashburnham, Ashby, Ashfield, Ashfield-South Ashfield, Ashland, Athol, Attleboro, Attleboro-South Attleboro, Auburn, Avon, Ayer, Ayer-Ayer, Barnstable, Barnstable-Barnstable (village), Barnstable-Centerville, Barnstable-Cotuit, Barnstable-Craigville, Barnstable-Cummaquid, Barnstable-Hyannis, Barnstable-Hyannisport, Barnstable-Marstons Mills, Barnstable-Osterville, Barnstable-Santuit, Barnstable-West Barnstable, Barnstable-West Hyannisport, Barre, Becket, Bedford, Belchertown, Bellingham, Belmont, Berkley, Berlin, Bernardston, Beverly, Beverly-Beverly Cove, Beverly-Beverly Farms, Beverly-Briscoe, Beverly-Centerville (Bvly), Beverly-Montserrat, Beverly-North Beverly, Beverly-Prides Crossing, Beverly-Ryal Side, Billerica, Blackstone, Blandford, Bolton, Boston, Boston-Allston, Boston-Back Bay, Boston-Bay Village, Boston-Beacon Hill, Boston-Brighton, Boston-Charlestown, Boston-Chinatown, Boston-Dorchester, Boston-East Boston, Boston-Financial District, Boston-Hyde Park, Boston-Jamaica Plain, Boston-Leather District, Boston-Mattapan, Boston-Midtown, Boston-Mission Hill, Boston-North End, Boston-Roslindale, Boston-Roxbury, Boston-Roxbury's Fort Hill, Boston-Seaport District, Boston-South Boston, Boston-South End, Boston-The Fenway, Boston-Theatre District, Boston-Waterfront, Boston-West End, Boston-West Roxbury, Bourne, Bourne-Bourne (village), Bourne-Bournedale, Bourne-Buzzards Bay, Bourne-Cataumet, Bourne-Monument Beach, Bourne-Pocasset, Bourne-Sagamore, Bourne-Sagamore Beach, Boxborough, Boxford, Boxford-East Boxford, Boxford-West Boxford, Boylston, Braintree, Braintree-Braintree Highlands, Braintree-East Braintree, Braintree-South Braintree, Brewster, Brewster-Brewster (village), Brewster-East Brewster, Brewster-West Brewster, Bridgewater, Brimfield, Brockton, Brockton-Brockton Heights, Brockton-Campello, Brockton-Clifton Heights, Brockton-Marshall Corner, Brockton-Montello, Brockton-Winters Corner, Brookfield, Brookline, Buckland, Buckland-Buckland Center, Burlington, Cambridge, Cambridge-Agassiz, Cambridge-Cambridge Highlands, Cambridge-Cambridgeport, Cambridge-Central Square, Cambridge-East Cambridge, Cambridge-Harvard Square, Cambridge-Inman Square, Cambridge-Kendall Square, Cambridge-Mid Cambridge, Cambridge-North Cambridge, Cambridge-Porter Square, Cambridge-Riverside, Cambridge-West Cambridge, Canton, Carlisle, Carver, Carver-North Carver, Charlemont, Charlemont-East Charlemont, Charlton, Chatham, Chatham-Chatham (village), Chatham-Chathamport, Chatham-North Chatham, Chatham-South Chatham, Chatham-West Chatham, Chelmsford, Chelsea, Cheshire, Chester, Chesterfield, Chesterfield-West Chesterfield, Chicopee, Chilmark, Chilmark-Chilmark, Chilmark-Menemsha, Chilmark-Squibnocket, Clarksburg, Clinton, Cohasset, Colrain, Colrain-Colrain Center, Colrain-Foundry Village, Colrain-Griswoldville, Colrain-Shattuckville, Concord, Conway, Cummington, Dalton, Danvers, Danvers-Burleys Corner, Danvers-Danvers Center, Danvers-Danversport, Danvers-East Danvers, Danvers-Hathorne, Danvers-Putnamville, Danvers-Tapleyville, Dartmouth, Dartmouth-North Dartmouth, Dartmouth-South Dartmouth, Dedham, Dedham-Ashcroft, Dedham-East Dedham, Dedham-Endicott, Dedham-Greenlodge, Dedham-Oakdale, Dedham-Riverdale, Dedham-The Manor, Deerfield, Deerfield-East Deerfield, Deerfield-Old Deerfield, Deerfield-South Deerfield, Dennis, Dennis-Dennis (village), Dennis-Dennisport, Dennis-East Dennis, Dennis-South Dennis, Dennis-West Dennis, Devens, Dighton, Dighton-North Dighton, Douglas, Dover, Dracut, Dudley, Dunstable, Duxbury, East Bridgewater, East Brookfield, East Longmeadow, Eastham, Eastham-Eastham (village), Eastham-North Eastham, Eastham-South Eastham, Easthampton, Easton, Edgartown, Edgartown-Chappaquiddick, Edgartown-Edgartown, Egremont, Erving, Erving-Millers Falls, Essex, Everett, Fairhaven, Fall River, Falmouth, Falmouth-East Falmouth, Falmouth-Falmouth (village), Falmouth-Falmouth Heights, Falmouth-Hatchville, Falmouth-Maravista, Falmouth-North Falmouth, Falmouth-Quisset, Falmouth-Sippewissett, Falmouth-Teaticket, Falmouth-Waquoit, Falmouth-West Falmouth, Falmouth-Woods Hole, Fitchburg, Fitchburg-Fitchburg, Florida, Foxboro, Framingham, Franklin, Freetown, Freetown-Assonet, Freetown-East Freetown, Gardner, Georgetown, Gill, Gill-Riverside, Gloucester, Gloucester-Annisquam, Gloucester-Brier Neck, Gloucester-East Gloucester, Gloucester-Lanesville, Gloucester-Magnolia, Gloucester-Riverdale, Gloucester-West Gloucester, Goshen, Gosnold, Grafton, Granby, Granville, Great Barrington, Greenfield, Groton, Groton-Groton, Groton-West Groton, Groveland, Groveland-Groveland (village), Groveland-South Groveland, Hadley, Halifax, Hamilton, Hamilton-South Hamilton, Hampden, Hancock, Hanover, Hanson, Hanson-Monponsett, Hardwick, Hardwick-Gilbertville, Harvard, Harvard-Harvard, Harwich, Harwich-East Harwich, Harwich-Harwich (village), Harwich-Harwichport, Harwich-North Harwich, Harwich-South Harwich, Harwich-West Harwich, Hatfield, Hatfield-North Hatfield, Hatfield-West Hatfield, Haverhill, Haverhill-Bradford, Haverhill-Zip 01830, Haverhill-Zip 01832, Hawley, Hawley-East Hawley, Hawley-West Hawley, Heath, Hingham, Hingham-Hingham Center, Hingham-Liberty Plains, Hingham-South Hingham, Hingham-West Hingham, Hinsdale, Holbrook, Holden, Holland, Holliston, Holyoke, Hopedale, Hopkinton, Hubbardston, Hudson, Hull, Huntington, Ipswich, Ipswich-Great Neck, Ipswich-Linebrook, Ipswich-Little Neck, Ipswich-Pinefield, Kingston, Lakeville, Lancaster, Lancaster-Lancaster, Lanesborough, Lawrence, Lawrence-North Lawrence, Lawrence-South Lawrence, Lee, Leicester, Lenox, Leominster, Leverett, Lexington, Leyden, Lincoln, Littleton, Longmeadow, Lowell, Lowell-Belvidere, Lowell-Centralville, Lowell-Highlands, Lowell-Pawtucketville, Lowell-South Lowell, Ludlow, Lunenburg, Lynn, Lynn-Diamond District, Lynn-East Lynn, Lynn-West Lynn, Lynn-Wyoma, Lynnfield, Malden, Malden-Bell Rock, Malden-Edgeworth, Malden-Faulkner, Malden-Linden, Malden-Maplewood, Malden-Oak Grove, Malden-West End, Manchester, Mansfield, Marblehead, Marblehead-Marblehead Neck, Marblehead-Old Town, Marion, Marlborough, Marlborough-East Marlborough, Marshfield, Marshfield-Brant Rock, Marshfield-Cedar Crest, Marshfield-Fieldston, Marshfield-Green Harbor, Marshfield-Marshfield Center, Marshfield-Marshfield Hills, Marshfield-North Marshfield, Marshfield-Ocean Bluff, Marshfield-Rexhame, Marshfield-Seaview, Mashpee, Mashpee-Mashpee (village), Mashpee-New Seabury, Mashpee-Popponesset, Mattapoisett, Maynard, Medfield, Medford, Medway, Melrose, Mendon, Merrimac, Merrimac-Merrimacport, Methuen, Methuen-Central, Methuen-East Methuen, Methuen-West Methuen, Middleboro, Middlefield, Middleton, Middleton-Cove, Milford, Millbury, Millis, Millville, Milton, Monroe, Monroe-Monroe Bridge, Monson, Montague, Montague-Lake Pleasant, Montague-Montague Center, Montague-Montague City, Montague-Turners Falls, Monterey, Montgomery, Mount Washington, Nahant, Nantucket, Nantucket-Brant Point, Nantucket-Madaket, Nantucket-Nantucket (vil), Nantucket-Other Areas, Nantucket-Polpis, Nantucket-Siaconsett, Nantucket-Surfside, Nantucket-Wauwinet, Natick, Natick-East Natick, Natick-Lokerville, Natick-North Natick, Natick-South Natick, Natick-West Natick, Needham, New Ashford, New Bedford, New Bedford-Center, New Bedford-Far North, New Bedford-North, New Bedford-Northwest, New Bedford-South, New Bedford-West, New Braintree, New Marlboro, New Salem, Newbury, Newbury-Byfield, Newbury-Plum Island, Newburyport, Newburyport-Plum Island, Newton, Newton-Auburndale, Newton-Chestnut Hill, Newton-Newton Center, Newton-Newton Highlands, Newton-Newton Lower Falls, Newton-Newton Upper Falls, Newton-Newtonville, Newton-Nonantum, Newton-Waban, Newton-West Newton, Norfolk, North Adams, North Andover, North Andover-Barker, North Andover-College, North Andover-Downtown, North Andover-Old Center, North Attleboro, North Brookfield, North Reading, Northampton, Northampton-Florence, Northampton-Leeds, Northborough, Northbridge, Northbridge-Whitinsville, Northfield, Norton, Norwell, Norwell-Accord, Norwood, Oak Bluffs, Oak Bluffs-East Chop, Oak Bluffs-Oak Bluffs, Oakham, Orange, Orleans, Orleans-East Orleans, Orleans-Orleans (village), Orleans-South Orleans, Other, Otis, Out of Town, Oxford, Palmer, Palmer-Bondsville, Palmer-Thorndike, Palmer-Three Rivers, Paxton, Peabody, Peabody-South Peabody, Peabody-West Peabody, Pelham, Pembroke, Pembroke-Bryantville, Pembroke-North Pembroke, Pepperell, Peru, Petersham, Phillipston, Pittsfield, Plainfield, Plainville, Plymouth, Plymouth-Cedar Bushes, Plymouth-Cedarville, Plymouth-Chiltonville, Plymouth-Cordage, Plymouth-Ellisville, Plymouth-Long Pond, Plymouth-Manomet, Plymouth-Nameloc Heights, Plymouth-North Plymouth, Plymouth-Pinehills, Plymouth-Pondville, Plymouth-South Plymouth, Plymouth-South Pond, Plymouth-Vallersville, Plymouth-West Plymouth, Plympton, Princeton, Provincetown, Provincetown-Provincetown, Quincy, Quincy-Adams Shore, Quincy-Germantown, Quincy-Houghs Neck, Quincy-Marina Bay, Quincy-Merrymount, Quincy-Montclair, Quincy-Norfolk Downs, Quincy-North Quincy, Quincy-Quincy Center, Quincy-Quincy Point, Quincy-South Quincy, Quincy-Squantum, Quincy-West Quincy, Quincy-Wollaston, Randolph, Randolph-North Randolph, Randolph-South Randolph, Raynham, Reading, Rehoboth, Revere, Revere-Beachmont, Revere-Point of Pines, Revere-Revere Beach, Richmond, Rochester, Rockland, Rockland-Beech Hill, Rockport, Rowe, Rowley, Royalston, Russell, Rutland, Salem, Salisbury, Salisbury-Rings Island, Salisbury-Salisbury Beach, Salisbury-Salisbury Center, Salisbury-Salisbury Plains, Sandisfield, Sandwich, Sandwich-East Sandwich, Sandwich-Forestdale, Sandwich-Sandwich (village), Sandwich-South Sandwich, Saugus, Savoy, Scituate, Scituate-Egypt, Scituate-Greenbush, Scituate-Humarock, Scituate-Minot, Scituate-North Scituate, Scituate-Rivermoor, Scituate-Sand Hills, Seekonk, Sharon, Sheffield, Shelburne, Shelburne-Shelburne Center, Shelburne-Shelburne Falls, Sherborn, Shirley, Shrewsbury, Shutesbury, Somerset, Somerville, Somerville-Ball Square, Somerville-Davis Square, Somerville-East Somerville, Somerville-Inman Square, Somerville-Powderhouse Square, Somerville-Prospect Hill, Somerville-Spring Hill, Somerville-Teele Square, Somerville-Union Square, Somerville-West Somerville, Somerville-Winter Hill, South Hadley, Southampton, Southborough, Southbridge, Southwick, Spencer, Springfield, Springfield-East Forest Park, Springfield-East Springfield, Springfield-Forest Park, Springfield-Hill McKnight, Springfield-Indian Orchard, Springfield-Liberty Heights, Springfield-N End Brightwood, Springfield-Pine Pt Bstn Rd, Springfield-Sixteen Acres, Springfield-So End Central, Sterling, Stockbridge, Stoneham, Stoughton, Stow, Sturbridge, Sturbridge-Fiskdale, Sudbury, Sunderland, Sutton, Swampscott, Swansea, Taunton, Templeton, Templeton-Templeton, Tewksbury, Tisbury, Tisbury-Tisbury, Tisbury-Vineyard Haven, Tisbury-West Chop, Tolland, Topsfield, Townsend, Truro, Truro-North Truro, Truro-Truro (village), Tyngsborough, Tyringham, Upton, Uxbridge, Wakefield, Wales, Walpole, Waltham, Ware, Wareham, Wareham-East Wareham, Wareham-Onset, Wareham-Wareham (village), Wareham-West Wareham, Warren, Warwick, Washington, Watertown, Wayland, Webster, Wellesley, Wellfleet, Wellfleet-South Wellfleet, Wellfleet-Wellfleet (village), Wendell, Wenham, West Boylston, West Bridgewater, West Brookfield, West Newbury, West Springfield, West Stockbridge, West Tisbury, West Tisbury-North Tisbury, West Tisbury-West Tisbury, Westborough, Westfield, Westford, Westhampton, Westminster, Weston, Westport, Westport-Westport Point, Westwood, Weymouth, Weymouth-Bicknell Square, Weymouth-Columbian Square, Weymouth-East Weymouth, Weymouth-Jackson Square, Weymouth-Lincoln Heights, Weymouth-North Weymouth, Weymouth-South Weymouth, Weymouth-Weymouth Heights, Weymouth-Weymouth Landing, Whately, Whitman, Wilbraham, Williamsburg, Williamsburg-Haydenville, Williamstown, Wilmington, Winchendon, Winchester, Windsor, Winthrop, Woburn, Worcester, Worcester-Airport Hill, Worcester-Assumption College, Worcester-Beaver Brook, Worcester-Belmont Hill, Worcester-Burncoat, Worcester-Chandler Hill, Worcester-Cherry Valley, Worcester-College Hill, Worcester-Columbus Park, Worcester-Downtown, Worcester-East Worcester, Worcester-Great Brook Valley, Worcester-Greendale, Worcester-Indian Lake, Worcester-Lincoln Square, Worcester-North Worcester, Worcester-Quinsigamond Valley, Worcester-Rice Square, Worcester-South Worcester, Worcester-Summit, Worcester-Sunderland, Worcester-Tatnuck, Worcester-Union Hill, Worcester-Webster Square, Worcester-West Side, Worcester-Westwood Hills, Worthington, Wrentham, Yarmouth, Yarmouth-Bass River, Yarmouth-South Yarmouth, Yarmouth-West Yarmouth, Yarmouth-Yarmouth (village), Yarmouth-Yarmouth Port