Friday, March 4, 2011

Malden Reads, Bike to the Sea and the Spring Market!







Spring is right around the corner. The photo above was taken a few years back in my yard of the crocouses that come up every year. Malden in the spring is a colorful place, and I cannot wait to see what is in store for this year.


In the mean time, things keep moving along and there are plenty of things to do. I had the opportunity to attend last night's screening of the movie "The Soloist", starring Robert Downing Jr. and Jamie Foxx, at the Senior Center in downtown Malden. The showing was done in conjunction with the Malden Reads program being put on by the Malden Public Library.

After the showing, a discussion was moderated by MATV Executive Director Ron Cox, focusing how the movie compared to the book version.

I happen to run into my neighbor, Clay Lawson, who is a member of Bike to the Sea. Clay informed me of a couple of updates to the project. First, the City of Everett is moving ahead with it's section of the trail. We may see construction of that section begin soon.
Bike to the Sea is enlisting the a company that specializes in removing old railways, including rails and railroad ties. This will help reduce costs. In the Malden section, the City approved about $1.5 Million in funding from the new local sales tax to be used for design and construction of the path.

Clay also mentioned that he is involved with dealing with the many street crossings that the path will take, most notebly at Centre Street/Route 60 behind the High School, the Broadway/Route 99 crossing, and the Linden Square crossings. These intersections will represent a challenges, due to the high volume of auto traffic .

Now, back to Real Estate!

The real estate market is showing signs of improvement. The National Association of Realtors
reported that the time properties are spending between going under agreement and finally sold is shortening. This is an encouraging sign, in wake of the financial crisis over the last few years. Still lending does remain tight, and we recommend getting pre-approved before looking for a new home.




Malden by the Numbers:


Single Family Listings: 56 Average List Price: $294,820 Average Market Time: 157.98

Condominium Listings: 53 Average List Price: $206,476 Average Market Time: 139.17 Average List Price per Square Foot: $204

Multi-Family Listings: 49 Average List Price: $370,790 Average Market Time: 174.76



Please call me if you are looking to buy, sell, or just have a real estate related question anserwed. I can be reached at 617-755-0195, or by email at phweston@comcast.net.




Paul Weston



Kelmark Associates
www.liveinmalden.com








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