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4th Annual Inside The Beltway Photos 2017

July 11th, 2017

Thank you to the over 150 Mortgage Professionals who came out to the 4th Annual Inside the Beltway Social and made it such a huge success. We couldn’t have done it without the support of  such a great group of people and well respected mortgage and appraisal professionals.

CoesterVMS - 4th Annual Inside The Beltway Social 2017

 

 

Boston, Massachusetts: Sales Prices Rise as Demand Surpasses Supply

July 5th, 2017

AppraiserSpotlightCoesterVMSAppraiser Spotlight- Sandra Pendergast

Sandra has been an appraiser for the past 15 years, and primarily services the Boston metropolitan area. She decided to enter this field of work when she made a career change after gaining custody of her 2 grandsons. Over the years Sandra has worked through fluctuations in her market, and has seen the changes that have come as a result. Recently, the shortage of inventory in the Boston market has led to an increase in sale prices as bidding wars have driven prices up over the appraised value. In her spare time Sandra enjoys painting and writing, but has remained busy with work in her market. According to Sandra, the key to success as an appraiser is patience. The educational requirements of becoming an appraiser and trainee experience needed is a long process, and patience is essential.

Boston, Massachusetts Market

Sales prices reached new heights in January 2017 for the Boston metropolitan area as demand continues to outweigh supply. The average price for a single-family home increased 7% statewide to $342,500 compared to January of last year, as inventory remained low (The Warren Group). According to The Wall Street Journal, the median sales price for the Boston Market rose from $685,000 in 2015 to $791,000, while rent in the neighborhoods surrounding Fenway Park increased 2.5%. Though inventory is being added to the market, there is a shortage of affordable housing for middle and low income buyers. According to Boston Agent Magazine 80% of the new construction being added to the market is housing, but primarily in the form of luxury apartments and condos. This paired with bidding wars has driven prices up and out of reach for many low-income buyers.

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CoesterVMS – Appraisal Management: http://www.coestervms.com
Brian Coester Website: http://www.briancoester.com
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4th Annual Inside the Beltway Social

June 28th, 2017

Thank you to the over 150 mortgage professionals that attended the 4th Annual Inside the Beltway Social! The event was a huge success and we can’t thank you enough.

The hosts of the 4th Annual Inside the Beltway Social would like to thank you for coming out and making it such a memorable event!
Photos of the evening can be viewed by following this link:  https://www.flickr.com/photos/coestervms/albums/72157682636522204
We hope to see you again next year!
 
Sent on behalf of hosts Rod Alba, Ben Carson Jr., Rob Pieklo, Frank Danna, Jim Deitch, Jim Milano, John Coester, Brian Coester

 

 

 

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Brian Coester, Jim Milano and Rod Alba

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Jim Deitch, Brian Coester, Jim Milano, Rob Pieklo , Frank Danna, John Coester and Rod Alba (Not pictured) toasts to the guests of the 4th annual inside the beltway social

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Shelly’s Backroom After Party

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Ben Carson, Rey Manning and Sam

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David Conway, John Coester and Mike Parsons

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Toni Bright and Merlynn Carson

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