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Listing Of The Week

Our favorite new listing of week, and not just because it is ours! 596 Commercial Street #1. This is a 2 bedroom 2 bath 1,085 square foot townhouse with an incredible water view deck off the master bedroom and is being marketed at $580K.

 

596 Com #4

596 comm 2

596 Comm

596 Com beach

 

 

 

 

 

MLS COPY: Water view townhouse with deeded beach access on Commercial St in a charming East End neighborhood. Updates in recent years include kitchen, bathrooms and flooring. 2 bedrooms and 2 full baths. Private balcony off the master with a nice water view. Washer and dryer in unit. 1 pet per unit is allowed and rentals of one month or longer are permitted. 1 off street parking space.

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When Will Home Values Return To Peak?

Interesting post with a national perspective from HW  Housing Wire’s Trey Garrison.

Home prices won’t return to peak levels until when?

Clear Capital sees 3-5% appreciation rate

 

Home prices are growing slowly but remain in line with inflation, Clear Capital reported in its Home Data Index, but at this pace it will be 2021 before they return to peak prices.

National home prices are right in line — within 2% — with inflation adjusted long-run average levels, which Clear Capital says shows prices have normalized post-bubble and future rates of growth will look more like historical rates of growth. Home prices have typically gained between 3% and 5% a year.

At the current quarterly rate of national growth, peak prices won’t be reached until the year 2021.

“With the majority of metro markets still so far below peak prices, it’s time for conversations surrounding price trends to shift away from the 2006 peak as the point of reference, and back to current trends and forecasts,” said Dr. Alex Villacorta, vice president of research and analytics at Clear Capital. “While there are certainly investors and homeowners holding real estate assets that will be underwater for seven years or more, the current housing market is positioned to behave very similar or even below historical norms, given the current economic climate.”

“For new deals and investors without legacy assets, the new housing environment should be framed in terms of more typical, moderate rates of growth with tempered optimism for the ongoing housing recovery,” Villacorta said.

He added that Clear Capital sees a steady growth pattern, and no bubbles in housing.

Nationally, we don’t see evidence of a price bubble forming again. Double digit gains over the last year, while similar to rates of growth in the run-up to the bubble, are off a much lower price floor. Phoenix and Las Vegas, however, are showing signs of overheating,” he said.

“These markets skyrocketed off very low price floors as their low-tier and distressed market segments exploded with demand,” Villacorta added. “Each market saw yearly gains top out around 30%, and now are seeing price gains cool substantially. Las Vegas has seen more than a 10 percentage point pull back in just three short months, even though prices remain 20.8% below 2000 levels, after adjusting for inflation. Meanwhile, Phoenix’s yearly gains are down to 19.8%, with prices now 1.9% above 2000 levels after adjusting for inflation. We’ll be watching these markets closely throughout the winter to see how demand holds up.”

Inflation adjusted home prices at the metro level show 46 out of 50 metro markets’ home price levels at pre-2003 levels, with 25 out of 50 metros reporting prices below 2000 levels.

Because the majority of markets remain far off peak values, the peak becomes a less relevant point of reference for new investors and homebuyers. Honolulu is the only metro out of the top 50 to see home prices within peak levels, with inflation adjusted home prices resting at levels last seen in 2005. This anomaly has, in part, been driven by very unique supply and demand, a benefit of being a highly desirable tropical island.

While prices remain far off peak values, current trends continue to moderate across the country.

National yearly gains cooled to 10.8%, a trend that should continue over the next several months. Yearly gains at the metro level are moderating as well, with Sacramento now seeing the highest yearly gain at 25.4%, down from a high of 28% in October. Las Vegas has seen substantial pull back in January with yearly gains of just 21.3%, down from 32.4% in October.

Using a broad array of public and proprietary data sources, the HDI Market Report publishes is a granular home data and analysis earlier than nearly any other index provider in the industry.

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38 Essential Boston Eaterys

Blizzard here in Provincetown this morning.  It is crazy outside. A good day for thinking about food. I know this is a real estate website….but food matters!

WOW!  Rachel Leah Blumenthal is right that her post below is a must have for any foodie in Boston.  What a resource to keep handy. She writes for Eater.com/Boston. She is good!!!

I know this is a real estate website….but food matters!

 

The 38 Essential Boston Restaurants

January  2014, by Rachel Leah Blumenthal

22005_10_eater38logo.pngPresenting Boston’s updated Eater 38, your answer to any question that begins, “Can you recommend a restaurant?” This highly elite group covers the entire city, spans myriad cuisines, and collectively satisfies all of your restaurant needs. Every few months, we’ll be adding pertinent restaurants that were omitted, have newly become eligible (restaurants must be open at least six months), or have stepped up their game.

Your favorite restaurant isn’t on the list? There are certainly more than 38 fantastic restaurants around town — and probably about 38 million different opinions — so don’t hesitate to rip this list to shreds and say what you’d do differently in the comment section below. Please note that the numbers are not rankings; the list is geographically organized from north to south (roughly).

The 38 Essential Boston Restaurants, January 2014

HIGHLAND KITCHEN
150 HIGHLAND AVE., SOMERVILLE, MA 02143
(617) 625-1131, WEBSITE
A regular haunt of practically everyone who has ever lived in Somerville’s Spring Hill or Union Square in the last few years, Highland Kitchen specializes in comfort food, a lively ambiance, and strong cocktails. Try the spicy goat stew and the house-made ginger beer (also spicy), or swing by on a Monday for fried chicken and tiki drink specials.
150 HIGHLAND AVE., SOMERVILLE, MA 02143
(617) 625-1131
Now open for just over a year, Giulia has racked up a number of highly positive reviews for its house-made pasta and warm staff. The pappardelle with wild boar is a popular choice.[Photo: Rachel Leah Blumenthal]
1682 MASSACHUSETTS AVE, CAMBRIDGE, MA 02138
(617) 441-2800
Hidden off an alley in Somerville’s Union Square, Journeyman recently did away with its menu, which used to simply offer a few different sizes of tastings with dishes that changed weekly. Now, there’s no menu at all — pay $75; eat what is served. The focus is on delicate, artful preparations of local ingredients.
9 SANBORN CT, SOMERVILLE, MA 02143
(617) 718-2333
One of the hottest openings of 2013, Bronwyn is the second project from Tim and Bronywn Wiechmann of the acclaimed T.W. Food. The Union Square restaurant features German and Central European food, and the biergarten is always packed in pleasant weather.[Photo: Chris Coe]
255 WASHINGTON STREET, SOMERVILLE, MA 02143
(617) 776-9900
This romantic “Spanish Caribbean tapas” spot comes from a couple of architects, so the space is as beautiful as the menu items. You’ll feel like you’re dining in someone’s living room, which makes sense, since owners Alberto Cabré and Angelina Jockovich got their culinary start by throwing elaborate “underground” dinner parties.
253 WASHINGTON ST, SOMMERVILLE, MA 02143
(617) 764-2180
One of the most beautiful restaurants in town, Dali is always the right choice for a romantic night out. It’s lively, the tapas are delicious and meant to be shared, and it’ll make you think you’re in Barcelona. It’s such a landmark that many Somerville residents call the Washington/Beacon/Kirkland intersection the “Dali Corner.”
415 WASHINGTON ST, SOMERVILLE, MA 02143
(617) 661-3254
This 69-seat restaurant opened in 2010 and has helped pave the way for a new era of Somerville dining. The critics have praised Bergamot’s synthesis of relaxed attitude and serious skill. The team behind it reportedly has a new restaurant, Angel’s Share, slated for Inman Square.
118 BEACON ST., SOMERVILLE, MA 02143
(617) 576-7700
Yes, there’s amazing Italian food outside of the North End. This Eastie gem has recently received a huge amount of attention thanks to a Food Network appearance, but locals have always known that it’s the place to go for huge ravioli and excellent homemade pasta.
257 SARATOGA ST, BOSTON, MA 02128
(617) 567-7412
This cozy Somerville watering hole pairs hot dogs with classy cocktails in a retro lounge. The Monday “industry brunch” leaves diners happily full of chicken and waffles, homemade pop tarts, and Kool Aid du jour.
3 BEACON ST, SOMERVILLE, MA 02143
(617) 576-0006
James Beard winner Jody Adams’ Harvard Square flagship has been drawing crowds since opening nearly a decade ago, focusing on regional Italian cuisine and locally sourced ingredients. More recently, Adams opened up a new restaurant, TRADE, near South Station.
1 BENNETT ST, CAMBRIDGE, MA 02138
(617) 661-5050
An intimate, Chinese-inspired small plates restaurant presided over by chef Phillip Tang, ExNE was named one of the “The Top 6 Places to Taste the New Asian Fusion” by Bon Appetit. In-house noodles, dumplings, and bao blow away the competition, of which there is little.
1128 CAMBRIDGE ST, CAMBRIDGE, MA 02139
(617) 876-0286
Santarpio’s in Eastie is the place to go to shut up your obnoxious New York friends when they claim there’s no good pizza in Boston. This classic joint is unassuming and rough around the edges, just the way it should be. Pizzeria Regina may win the classic duel for sheer expansion, but Santarpio’s pizza is unmatched.
111 CHELSEA ST, BOSTON, MA 02128
(617) 567-9871
One of the city’s few restaurants with a vegetarian tasting menu, let alone one that diners regularly rave about. Oleana serves omnivores as well, with chef Ana Sortun imparting her well-known Mediterranean accents in dishes like octopus with crispy Brussels sprouts. Sortun and Oleana chef de cuisine Cassie Piuma are days away from opening a new restaurant, Sarma, in Somerville.
134 HAMPSHIRE ST., CAMBRIDGE, MA 02139
(617) 661-0505
Bondir has just blown everyone away, most notably by being named one of the ten Best New Restaurants in America in 2011 by Bon Appetit in addition to racking up about as many local accolades as you can get. It took what a lot of restaurants were already doing – the classed-up, local, rootsy thing – and managed to tighten the screws, add some flourishes, and still make it distinct and feel fresh. A Concord outpost opened up in fall 2013.
279A BROADWAY, CAMBRIDGE, MA 02139
(617) 661-0009
There are other restaurants that do local ingredients, French technique, or Southern recipes, but not under one roof. It’s amazing that shrimp and grits can taste this good so far north.
233 CARDINAL MEDEIROS AVE, CAMBRIDGE, MA 02141
(617) 499-0090
Since opening in late spring 2012, West Bridge quickly became the darling of Kendall Square, among many existing darlings. The French-inspired menu comes from Aquitaine Bistro alumni chef Matthew Gaudet. Don’t miss the egg in a jar.
1 KENDALL SQUARE, CAMBRIDGE, MA 02139
(617) 899-6088
A local legend of the prodigal son and former chef de cuisine at Momofuku Ssam Bar, who came home to run dad’s diner and put lots of octopus on the menu. The junior Maslow now owns his own spot as well — Ribelle in Brookline.
93 SCHOOL ST, WATERTOWN, MA 02472
(617) 923-4330
Western Mediterranean accents appear on chef-owner Steve Johnson’s menu, which is enhanced by a rooftop herb garden (in season). Sit at the bar for the full cocktail experience.
502 MASSACHUSETTS AVE, CAMBRIDGE, MA 02139
(617) 576-1900
Craigie is known for making simple dishes like roasted chicken extraordinary by using advanced techniques and technology — and for serving dishes that are just plain extraordinary, like a shareable confit and roasted milk-fed pig’s head with spicy pumpkin sambal and boudin noir-hoisin sauce. Owner Tony Maws recently opened up a new, more casual restaurant, The Kirkland Tap & Trotter, on the edge of Somerville and Cambridge.
853 MAIN ST, CAMBRIDGE, MA 02139
(617) 497-5511
The North End is generally known for Italian, which makes it all the more impressive that a seafood restaurant has made its name as one of the neighborhood’s best places to eat. The lines are long, but the lobster rolls are beloved. Choose cold with mayo or hot with butter.
63 SALEM ST., BOSTON, MA 02113
(617) 742-3474
This instant industry-approved classic has helped revitalize Downtown Crossing dining with its small, meaty menu, adult milkshakes, late-night dining and blunt rules for patrons. Opening executive chef Sam Monsour put a creative twist on junk food until leaving in the end of 2013, and his sous chef Chris Bauers has stepped up to take his place, continuing the tradition. Diners who want something more upscale can sidle into Bogie’s Place, the tiny steakhouse hidden inside.
21 TEMPLE PLACE, BOSTON, MA 02111
(617) 338-5333
Lovely views of the common and proximity to a variety of theaters give Troquet an advantage location-wise, but the food is outstanding as well, and the wine list is deservedly award-winning. Plus, it’s probably the only place you’ll see servers scooping butter out of a giant basket that is completely full of butter.
140 BOYLSTON ST, BOSTON, MA 02116
(617) 695-9463
A favorite of food nerds ’round the city, Taiwan Cafe is an easy answer when a Chinatown first-timer is wondering where to go. The soup dumplings rival other options in the neighborhood, and the Szechuan fish is another must-try.[Photo: Official Site]
34 OXFORD ST, BOSTON, MA 02111
(617) 426-8181
Sushi lovers who have not yet embarked on O Ya’s grand omakase have not yet lived. And it’s not just the seafood — the wagyu beef is so tender that it may bring a tear to your eye. Hidden in the Leather District, this tiny spot has accumulated numerous awards, including a James Beard for chef Tim Cushman.
9 EAST ST, BOSTON, MA 02111
(617) 654-9900
Superbly executed Shanghai-style dishes like lion’s head meatball and xiao long bao manage to be just as flavorful as their Sichuan counterparts, minus the heat. Considered by many to be the city’s best Chinese — and it’s nowhere near Chinatown.
204 HARVARD AVE, ALLSTON, MA 02134
(617) 566-7344
Island Creek Oyster bar looks more slick than the restaurant you would expect an oyster farm to operate, but it’s no less legit. The seafood-centric menu straddles straightforward and fun. The team is opening up a new restaurant, Row 34, in Fort Point later this fall.
500 COMMONWEALTH AVE, BOSTON, MA 02215
(617) 532-5300
Since opening in January 2013, Asta has quietly built up a devoted following for its tasting menu-only format. The mysterious restaurant has a minimal website, little to no marketing or social media presence, and an amazing Zeus painted on the wall, salvaged from the restaurant formerly in the space.
47 MASSACHUSETTS AVE, BOSTON, MA 02115
(617) 585-9575
Going strong since 1978, with a few location moves over the years, L’Espalier is revered for chef/owner Frank McClelland’s hybrid of French and New England cuisine, which makes extensive use of local, seasonal ingredients. If money’s no object, let him take you on his Tasting Journey, “a unique menu inspired by the seasons of New England crafted for your table.” Or stop by for a Cheese Tuesday to eat cheese and sing along to classic hits like “Don’t Stop Blue Cheesing.”
774 BOYLSTON ST, BOSTON, MA 02199
(617) 262-3023
Perhaps the only Boston restaurant to serve elaborately prepared sunflower buds, Erbaluce is no stranger to the title of the city’s “best Italian restaurant.” Chef/owner Charles Draghi changes the menu nightly.
69 CHURCH ST, BOSTON, MA 02116
(617) 426-6969
Open just over a year, Shōjō has managed to create a wildly successful Asian fusion menu — in Chinatown, no less — in a time when “Asian fusion” is not always enthusiastically received. Diners will find dishes like a “pot o’kimchi” alongside a charcuterie board. And then there’s the duck fat fries with Sriracha aioli.
9 TYLER ST, BOSTON, MA 02111
The most approachable of Barbara Lynch’s local empire, where tagliatelle with bolognese rubs elbows with dishes like strozzapreti with braised rabbit. Lunch, dinner, and weekend brunch are served on a diner-like counter. Doubles as a bakery with early-morning hours, offering delicacies like cronuts and apple cider donuts as weekly specials, depending on the season.
348 CONGRESS ST, BOSTON, MA 02210
(617) 737-1234
One of the priciest seats in town, Menton is Barbara Lynch’s crown jewel, boasting Relais & Châteaux status. After Kristen Kish, chef de cuisine at Lynch’s demo kitchen Stir, won Top Chef, she was swiftly promoted to chef de cuisine at Menton.[Photo: Official Site]
354 CONGRESS ST, BOSTON, MA 02210
(617) 737-0099
A veteran of the dining scene for over 20 years, this restaurant stakes its reputation partly on its infamous roasted chicken. Over the years it has changed exactly as much as it should. President Obama has been known to eat here.
553 TREMONT ST, BOSTON, MA 02116
(617) 423-2700
What’s not to like? Some dishes are Chinese, some Thai, some Vietnamese, and some a fantasy amalgam of various nationalities, but no one would dare call Myers+Chang Pan-Asian. One of the city’s most vibrant restaurants, it has an atmosphere that seems buoyed by a sense of chef Joanne Chang’s other successes with Flour Bakery. The badass dragon on the window doesn’t hurt either.
1145 WASHINGTON ST., BOSTON, MA 02118
(617) 542-5200
Scotch egg, suckling pig tacos, and at least three kinds of poutine. The dark humor in the name and decor continues through the menu, where heirloom vegetables appear alongside oysters “Rockafella.”
1395 WASHINGTON ST, BOSTON, MA 02118
(617) 425-0200
TORO
Chef-owner Ken Oringer and chef Jamie Bissonnette team up for one of the city’s hardest-to-get-into restaurants. Toro serves modern and traditional tapas ranging from simple grilled corn to elaborate dishes pairing seafood and charcuterie with rich, bold flavors that keep the crowds lining up. And now they’re lining up in New York City as well — Oringer and Bissonnette recently opened a new location in Chelsea.
1704 WASHINGTON ST, BOSTON, MA 02118
(617) 536-4300
Helmed by David Punch of Ten Tables, Sycamore has been turning heads in Newton since opening a year ago thanks to its refined contemporary American cuisine and solid beverage program.[Photo: Facebook]
755 BEACON ST, NEWTON, MA 02459
(617) 244-4445
The flagship of an expanding mini-empire now in Cambridge, P-town, and the burger biz, this tiny space is where it all began. The $48 tasting menu rivals ones that cost at least twice as much.
597 CENTRE ST, JAMAICA PLAIN, MA 02130
(617) 524-8810

 

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$799K In Provincetown And Truro

Last week CurbedCapeCod did a Curbed Comparison on Cape Cod properties for $799K.  Below are the 4 condo and single family properties that are currently on the market for “around” $799K in Provincetown and Truro.

 

4 Stick Bridge Road is a beautiful single family property in South Truro being marketed for $795,000.

4 Stickb

24 Stick b 2

4 stick 3

4 stick 4

 

 

 

 

 

MLS COPY: Located in South Truro in a beautiful park-like setting, is this lovely 3/4 Cape built circa 1850. There are woods, a rolling meadow down to the lawn overlooking an ever changing marsh and a distinct feeling of privacy without isolation. The kitchen has a beamed ceiling and leads to a well proportioned dining room which in turn leads off to the living room with a wood-burning fireplace. This first floor has a small as well as a medium size bedroom off the living area with period details. A large master bedroom ell was added in 1992 with a walk-in closet, cathedral ceiling, skylights and a patio door out to a large wrap-around deck which overlooks the marsh and front lawn. The second floor has one bedroom and two sitting areas. This wonderful property is close to Pamet Harbor and a short drive into Truro Center but feels a world away.

 

8 Hatch Rd is a 4 bedroom, 4 bath home of 3,500 square feet in a new Truro subdivision and is being marketed at $795K.

8 Hatch

Hatch 3

8 Hatch 2

Hatch 3

 

 

 

 

 

MLS COPY: Rock Bottom Price! New Subdivision. VALUE! VALUE! VALUE! Price Non-Negotiable. This special home is set on approximately 1.83 lush acres of tranquility. Your own pond stocked with bass and all within a 10 minute drive to the best Truro ocean and bay beaches. This custom cape has been meticulously cared for. There is a large formal dinning room and living room, well equipped kitchen with Viking appliances, wonderful cozy living room with fireplace. The house was built with the highest quality materials and amazing attention to detail. Please call listing agent to discuss the changes that are presently being undertaken for the subdivision and house alterations.

 

21 Bradford Street Extension #12 is a 2 bedroom, 3 bath condominium at Herring Cove Village in Provincetown’s West End being marketed at $815K.

21 BSE

21 BSE 2

21 BSE 3

21 BSE 4_11

 

 

 

 

 

MLS COPY: Introducing a one-of-a-kind  condominium unit at Herring Cove Village,the West End’s most luxurious condominium, newly built to the latest hurricane standard & highly energy efficient. This 2BR/2.5BA unit is on 3 levels, & is the only unit with this size and layout in the newest section of the development. The high-end KIT & LR are on the 1st floor, with a gas fireplace to warm the atmosphere. Sliders from this level lead out to a blue stone patio, great for outdoor grilling and entertaining. Each of the floors above houses a private bedroom suite, with over-sized living space & en-suite bath featuring custom tile work. From the third floor bedroom, continue up to a huge water view roof deck that is plumbed and wired for a hot tub as an upgrade amenity. The unit has CAC and is wired for central sound & home automation. Shed storage and 2 parking spaces.

 

125 Bradford Street Ext #202 is a 3 bedroom, 3 bath condo being marketed for $814K.

125 BSE

125 BSE 2

25 BSE 4

125 BSE 3

 

 

 

 

 

MLS COPY: A luxury home in Provincetown’s popular Dunes Association has been well maintained by its only owner. A duplex apartment, with three bedrooms, each with in-suite superb private baths, an open living/dining area with Virginia ledge stone fireplace, and deck with oversized hot tub. The kitchen features light maple custom cabinets, quartz counters, high-end appliances and perfect accent lighting. The finishes are of the finest quality throughout from the bamboo flooring to imported Travertine baths.

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$799K On Cape Cod

Another great Curbed Comparison from Jazmine Donaldson. Tomorrow – I will follow up tomorrow with whats available in Provincetown and Truro for $799K.

What $799,000 Can Buy You Around Cape Cod

Thursday, March 13, 2014, by Jazmine Donaldson
It’s time once again for Curbed Comparisons, where we break down what you can get at the same price point, style or size in five different Cape and Islands neighborhoods. This week, listings for $799,000.
391greendunes.jpg
[391 Green Dunes Drive, West Hyannisport; Robert Paul Properties]Here now, 10 Cape Cod properties asking $799,000 – year round, waterfront, recently renovated, in need of TLC, pond front, historic, and ready to rent – with a little something for everyone.

WELLFLEET

25 MAYFLOWER DRIVE, WELLFLEET, MA 02667
WEBSITE
SANDWICH
Kicking off in the Spring Hill Historic District with a 4BR, 3BA. The circa 1827 home once served as a Quaker school boys dormitory and was moved to it’s present location in 1937. In addition to the 2,700 square footer, the 3.73 acre lot features gardens, a pool and “complete privacy.” The listing has been bouncing on and off the market since January 2012 when it was first listed for $819,900. Asking price is now $799,999.
252 MASSACHUSETTS 6A, EAST SANDWICH, MA 02537
EAST FALMOUTH
Here’s a waterfront 3BD, 3BA with a 55′ boat dock. The 2,626 square footer first hit the market in July 2012 asking $979,000, but three pricechops have brought the ask down to $799,900.
115 CHILDS RIVER ROAD, EAST FALMOUTH, MA 02536
CENTERVILLE
This 4,219 square foot Cape was built in 1984 and renovated in 2002. The 4BR, 5BA is asking $799,999.
73 SCUDDER BAY CIRCLE, CENTERVILLE, MA 02632
WEST HYANNISPORT
“Beach house with ocean views, this charming Cape is the perfect get-a-way from it all.” The 3BD, 2BA comes with deeded rights to both a private association beach on Nantucket Sound and a tennis court. Yours for $799,000.
391 GREEN DUNES DRIVE, MARSTONS MILLS, MA 02648
WEST YARMOUTH
“This is the lowest priced home on Great Island!” The 3BD, 3BA on .47 acres “has great potential w/updating and a caring new owner.” Asking price is $799,000.
9 CHANNEL POINT DRIVE, WEST YARMOUTH, MA 02673
SOUTH DENNIS
Asking $799,000, the circa 1853 Captain Cyrus Nickerson House features 5BR, 4.5BA on 1.77 acres. In addition to the 4,369 square foot home, there’s an inground pool and a restored two story barn.
280 MAIN ST, SOUTH DENNIS, MA
HARWICH
Here’s another waterfront listing with a private dock. This 4BR, 3.5BA sits on Aunt Edie’s Pond with a private beach and is asking $799,900.
329 OAK STREET, HARWICH, MA 02645
ORLEANS
Built in 1950, this “Classic Ranch” features 3BD, 2.5BA in 2,169 square feet. The .38 acre property, known by the brokerbabble as “a half acre of Horticultural delight,” is asking $799,000.
12 FREEMAN LANE, ORLEANS, MA 02653
EASTHAM
“Location, location!” This 4BD, 2BA comes with deeded beach rights to some stair-free sand on Cape Cod Bay. The 2,246 square footer on .52 acres is yours for $799,000.
35 BOWLINE LANE, EASTHAM, MA 02642
WELLFLEET
Finally, to Wellfleet and an exclamation-friendly listing: “Fantastic Income Potential!! Rented last summer for 4500 a week!! Our rental agent says a high demand rental property!” The oceanside 7BR, 3.5BA is asking $798,000.
25 MAYFLOWER DRIVE, WELLFLEET, MA 02667

 

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How Cool Is This Chart?

How far will a million bucks go in NYC?

$1 million will likely net more space in NYC versus San Francisco and Boston.


By Business Insider

According to Knight Frank data cited by CNBC’s Robert Frank, a million dollars goes a lot further in Cape Town than it would in Monaco.

But what about in the U.S.?

We looked at housing list price data from real estate brokerage Movoto.com and real estate marketplace Zillow.com. The diagram below shows the number of square feet of housing that you can buy for $1,000,000, based on the median price per square foot in each city:

city-real-estate-chart-corrected

With a median list price of $666 per square foot, San Francisco’s real estate boom limits a million dollars to buying about 1,500 square feet. On the other end of the spectrum, the median list price in beleaguered Detroit is just $12 per square foot — 55 times cheaper than in San Francisco.

Considering all five boroughs, the median price per square foot in New York City is $424. Looking just at Manhattan however, that price jumps to an astronomical $1,538 per square foot, leading to $1,000,000 buying just 650 square feet.

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New To Market In Provincetown – Perfect West End 2 Bedroom Plus Den

 46 Pleasant Street #A, Provincetown MA

Perfect in every way.  This West End condo has everything! 2 bedrooms and a 1 1/2 baths, along with a large den/family room  for entertainment or extra guests. This home has 1,070 square feet, and two great outdoor spaces, numerous upgrades, 2 parking spaces and a coveted location in the West End.

 

outside 2

outside 1

outside 3

 

 

 

 

 

 

The open floor plan is great for entertaining and light and bright with windows on 3 sides. The kitchen is newly renovated with granite counters, white cabinets and hardwood floors.  There is a full laundry in the renovated half bath directly off the kitchen. The living room has a gas fireplace and there is a separate dining area in the sunny northeast corner of the house.

 

living room

fireplace and stairs

living to dining 1

kitchen 1

 

 

 

 

 

 

There are two great outdoor spaces including a large private fenced in deck in the back  of there condo for grilling and dining. There is plenty of room for relaxing and dining on the front deck and on the patio/garden too – and just enough garden for satisfying a green thumb.

 

bedroom 1

bedroom 2

bathroom 1

 

 

 

 

 

 

There are two bedrooms upstairs along with a full bath which has just been beautifully renovated. Both bedrooms are good size and sunny.

 

den family room peg

On the lower level is a den-family room that is perfect for additional guests with room enough for a large sitting area and sleeping area.

The association is small and well managed with low condo fees. There is central heat and air provided by four split systems. There are two parking spaces directly in front of the condo.  This property  has an excellent rental history with many repeat renters. Best of all is the location – just 1 1/2 blocks from Commercial Street in what many consider the most desirable residential neighborhood in the West End.

 

We are thrilled to be offering 46 Pleasant Street to the market for $595,000.

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Buyers Feeling Blue

Another interesting post by Scott about buyer attitudes in Boston

Home buyers feeling blue

Posted by Scott Van Voorhis

Can’t look at one more fixer-upper? Tired of bidding wars on every half-decent home that comes on the market? Wondering when, if ever, prices will go down, or at least level off, in Greater Boston?

Wondering if we have gone from global warming to a new ice age?

If so, you’ve got a bad case of the home-buyer blues, with Boston area house hunters particularly vulnerable to this new malady, a new report finds.

Confidence in the housing market among Boston area buyers is falling, according to a newreport out by Zillow and is now somewhat below the national average.

Boston’s score on Zillow’s “housing confidence index” weighs in at 63.4, below the national average of 63.7.

Meanwhile, only 8 percent of Boston area renters want to buy in the next year, compared to 10 percent nationally.

By contrast, Las Vegas, Atlanta and Miami have the highest percentage of renters looking to buy.

Rising prices and a growing dearth of homes to actually look at are two likely suspects
here.

But Zillow is not the only one picking up on some increasingly negative vibes coming from home buyers as the spring market gets ready to kick off.

Only 25 percent of house hunters across the country think it is a good time to buy now, compared to 40 percent last year, Redfin reports.

OK, to borrow a popular line from Realtor trade groups, maybe it’s all the nasty weather out there that is getting buyers down.

However, while the wintry view outside the window doesn’t help, there is clearly much more to this story than that.

 

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Boston’s Best Selling Condo Buildings

Interesting post by  Tom Acitelli at CurbedBoston – with some surprising results.

 

Boston’s Best-Selling Condo Buildings

Tuesday, March 11, 2014, by Tom Acitelli

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[141 Dorchester Avenue]

‘Tis a busy, busy time in the Boston condo market, what with lightning-fast sales and super-low inventory (two not-unrelated phenomena). But which are the busiest of the busiest condo buildings in the city? Thanks to the crackerjack research of our pals at PropertyShark, we can give you a very good idea. Herewith the 10 Boston condos with the most sales in 2013. Some of the usual suspects are here—Harbor Towers, the W Boston—but also a few surprises (and surprise omissions, we think:paging Millennium Place?). A couple of caveats: The 10 cover closed deals in calendar year 2013, and only deals of at least $10,000.

42 EIGHTH STREET
Number of sales: 48
Median sales price: $380,000
Notable sale: a 1,295-square-foot 1-BR, 2-BA for $700,000
42 8TH STREET, BOSTON, MA 02129
141 DORCHESTER AVENUE
Number of sales: 46
Median sales price: $610,000
Notable sale: a 1,690-square-foot 2-BR, 2-BA for $845,000
141 DORCHESTER AVENUE, BOSTON, MA 02127
45 PROVINCE
Number of sales: 36
Median sales price: $1,262,500
Notable sale: a 2,628-square-foot 3-BR, 3-BA for $4,100,000
45 PROVINCE STREET, BOSTON, MA 02108
WHITTIER PLACE
34
$434,500
A 536-square-foot 1-BR, 1-BA for $360,000
6 WHITTIER PLACE, BOSTON, MA 02114
ONE CHARLES BOSTON
29
$1,345,000
A 761-square-foot 1-BR, 1-BA for $625,000
1 CHARLES STREET SOUTH, BOSTON, MA 02116
RESIDENCES AT RITZ-CARLTON
27
$747,000
A 2,667-square-foot 3-BR, 4.5-BA for $3,162,500.
1 AVERY STREET, BOSTON, MA 02111
W BOSTON
27
$1,730,000
A 427-square-foot studio for $530,000
110 STUART STREET, BOSTON, MA 02116
RESIDENCES AT THE INTERCONTINENTAL
23
$1,425,000
A 3,385-square-foot 3-BR, 4.5-BA for $3,223,000
500 ATLANTIC AVENUE, BOSTON, MA 02110
PORTER 156
22
$349,500
A 686-square-foot 1-BR, 1-BA for $300,000
156 PORTER STREET, BOSTON, MA 02128
HARBOR TOWERS
22
$737,750
A 1,223-square-foot 1-BR, 1-BA for $780,000
65 EAST INDIA ROW, BOSTON, MA 02110
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$459K On The Cape

I  love Curbed Boston/Cape Cod “comparison” posts. While our business is focused mostly in Provincetown and Truro it’s always interesting to see whats happening “up Cape”. There are some terrific deals here.

What $459,000 Can Buy You Around Cape Co

 Jazmine Donaldson

It’s time once again for Curbed Comparisons, where we break down what you can get at the same price point, style or size in five different Cape and Islands neighborhoods. This week, listings for $459,000.

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Here now, 10 Cape Cod properties asking $459,000 – seasonal, year round, fixer uppers, turn-key, upside-down, a lakefront cottage, condos, and space for the in-laws – with a little something for everyone.

What $459K Can Buy Around Cape Cod
BOURNE
Kicking off in the village of Gray Gables with an updated 2BR, 1BA ranch across from the Cape Cod Canal. The 1,183 square footer was built in 1948 and is asking $459K.
95 JEFFERSON ROAD, BUZZARDS BAY, MA 02532
FALMOUTH
Here’s a Sippewissett townhouse with 3BR, 2.5BA in 1,611 square feet. The two-level unit was built in 1998 and asking $459K.
37 CARLSON LANE, FALMOUTH, MA 02540
SANDWICH
This 4BR, 3.5BA East Sandwich Cape comes with a first floor master, 1BR in-law, and multiple fireplaces. The 2,922 square footer hit the market in September looking for $479K and is now asking $459K.
5 RIDGEWOOD DRIVE, EAST SANDWICH, MA 02537
MASHPEE
Here’s another renovated 2BR, 1BA ranch, this one in the village of Popponesset with deeded rights to Popponesset Beach (say that fast, five times). The 1,128 square footer on .15 acres was built in 1960 and is asking $459K.
38 UNCLE EDWARDS ROAD, MASHPEE, MA 02649
CENTERVILLE
Behold, a “charming 1 bedroom, 1 bath cottage on 0.51 Ac. overlooking Wequaquet Lake.” The 512 square footer sits on .51 acres and features a private dock. The spread hit the market in 2011 looking for $595K, but three chops have brought the ask down to $459K.
107 HUCKINS NECK ROAD, CENTERVILLE, MA 02632
DENNIS
In Dennis Village, here’s a 3BD, 2BA “Adorable Story Book Half Cape With Distant Bay Views.” The 1,441 square footer on .57 acres last sold in 2008 for $440K and is now listed for $459K.
26 PACKET DRIVE, DENNIS, MA 02638
SOUTH YARMOUTH
“Overlooking the 7th and the 16th hole” in Par 11 Estates is this 1,668 square foot 3BD, 2BA ranch. Located on the appropriately named Driving Tee Circle, the renovated digs are yours for $459K.
106 DRIVING TEE CIRCLE, SOUTH YARMOUTH, MA 02664
CHATHAM
Look, a ranch! Built in 1982, this 3BR, 2BA on .3 acres is “tucked back off the road” and features central air. Yours for $459K.
192 ORLEANS ROAD, NORTH CHATHAM, MA 02650
ORLEANS
The brokerbabble starts off by calling this property “unique” and we couldn’t agree more. Built in 1950, this 4BR, 3BA saltbox-and-then-some sits on 1.14 acres on the fun sounding Frost Fish Lane and is yours for $459K.
15 FROST FISH LANE, ORLEANS, MA 02653
TRURO
Finally, to a 3BR, 2BA upside-down contemporary with multiple decks and natural landscaping “so you can spend more time relaxing and enjoying this wonderful retreat without upkeep.” The 1,742 square footer on .81 acres hit the market in May 2013 for $479K, but is now yours for $459K.
9 GLACIER DRIVE, TRURO, MA 02631