Tag Archive for 'Boston condominium market'

Boston – Lovejoy Wharf Sales Underway

I am reposting this Lovejoy Wharf story from Curbed.com and Tom Acitelli  because it is so exciting to see it finally happening.  I worked on this project pre-development at  Coldwell Banker Residential Brokerage oh so many years ago.  So happy to see the incredible Barbara Cusack named sales  director for this Related Beal development. Lovejoy Wharf sales now underway: […]

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Boston Sales And Prices Jump

A good year end analysis from Scott at Boston.com.   Boston sees condo prices, sales jump From Back Bay and Beacon Hill to Dorchester and Southie, doube-digit price increases have been seen in several Boston neighborhoods. By Scott Van Voorhis Boston.com Correspondent Boston’s red hot condo market is closing out the year with a bang, […]

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B&T – July Is Best Month for Mass. Home Sales since 2005

Banker & Tradesman – July is Best Month for Mass. Home Sales since 2005, Grow 24.3 Percent Year-Over-Year BOSTON, August 25, 2015 – The 7,077 single-family home sales in July signaled the best month for the Massachusetts real estate market since June 2005, according to a new report from The Warren Group, publisher of Banker & […]

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Three Boston Neighborhoods With A September To Remember

If September was the month that you were supposed to put down the home sale and pick up the homework, then nobody told the Cambridge, Somerville andSouth End condominium markets. In Cambridge, the number of condominiums that went under agreement in September 2014 was 53 percent greater than did so in September 2013. In the South End, September under-agreements were up 64 percent. And versus September 2013, Somerville’s under agreements were up 18 percent and the median list price of Somerville under-agreements was up an impressive 20 percent.

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What to Watch For This Fall In Boston Real Estate- Curbedboston.com

Tis the unofficial start of autumn/fall this week with the passing of Labor Day, so we thought we’d dive into which trends and events in Greater Boston Real Estate Land are worth your attention in the next few months (they’re certainly things we’ll be following). Will Boston see its first $20M condo sale? Will Everett get a casino-resort? Will Revere? Can anything bring Hub apartment rents down? Come along, now, let’s get interested.

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Five Trends – Boston Real Estate

It’s a deceptively simple question: What’s driving Boston’s housing market, both the rental and for-sale sides, right this second? The short answer is low supply and high demand. There’s more to it, though. Thus! We run down the five trends driving the city’s residential real estate. And we also offer a prediction for 2015 and beyond. Hold us to it. For now, the first of the five trends…

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Q1 Goode and Farmer Report Boston

The national real estate pundits are talking about the lack of available inventory and declining sales numbers. These first quarter results for downtown Boston condominium sales tell a different story.

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Boston Is One Of The Healthiest Markets

The Boston area has been anointed one of the “healthiest” real estate markets in the country by real estate website Zillow.

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Condo Prices Increasing Faster Than Single-Family Homes

The post below is from Dan Stone and his blog The Mortgage Report Daily. He is based in Madison Wisconsin. It also provides a good top level review of mortgages for condos. In our local markets its all about condos so it is interesting to see his mid western viewpoint..i.e. “Getting a mortgage for a condo can sometimes be a challenge”. Regardless it is a good and informative post. sometimes we need to see what the middle of the country is doing.

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Shadow Demand Outweighs Shadow Inventory

For years we’ve been watching the phenomenon of “Shadow Inventory” of potential homes that need to be sold, and looking for impact on the market. This set of underwater or distressed properties is now shrinking rapidly. The number of homes with underwater mortgages fell by nearly two million last year. According to the Fed, home price gains of 10% will be enough to move 40% of underwater borrowers back above water. These home sellers are highly likely to buy another home in the same or comparable market, off setting new supply with new demand.

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