Community News

The Kennedy's Martha's Vineyard Estate: Red Gate Farm, is For Sale

Red Gate Farm, famous for being the home to Jackie O. Kennedy and her family has recently been listed on the market for $65,000,000. This 340 acre estate lives is set in a picturesque part of waterfront property in Martha's Vineyard.

Investors Are Purchasing More Real Estate Than the US Has Ever Seen Before

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Rising home prices have clearly done little to dampen demand, as investor purchases of homes in the US have reached an all-time high. Investor purchases are not only the highest on record, but they are nearly twice the amount they were before the housing crash in [...]

Golden Visa Programs Dole Out Expedited Citizenship to Foreign Real Estate Investors

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Investing in high-end real estate now has a benefit beyond the obvious monetary incentive. “Golden visa” programs lead ex-patriots on a fast track to citizenship in their new countries. When a foreigner invests over a certain dollar threshold they are eligible to receive a residence visa, which often leads to a [...]

Real Estate Growth and Innovation Go Hand in Hand, Which Hints Towards Long Term Boston Success

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It is no secret that innovation drives productivity and bolsters economies. Cities with high concentrations of human capital are more likely to witness a future of prosperity. In a recent study, this idea was put to the test in relation to real estate, and not surprisingly, cities with higher concentrations of innovation and talent recorded [...]

Boston/Cambridge/Newton Area is the Hottest Housing Market of April 2019

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In a recent ranking based on median listing price and median days on the market, Boston ranks as April's number one hottest housing market.

The median days on the market in Boston is 32 days, which is quick compared to other cities, but not necessarily the quickest. Where Boston really shines is this short days on market number in [...]

Market Looking Strong for Boston Luxury Apartments

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It seems that nearly every month a new apartment building is being built up to accommodate the masses of people that move to Boston each year.

But recently there’s been some skepticism about the growth of the luxury market, nationwide, when 1.2 percent of homes above $2 Million fell in price.

However, Boston’s newest luxury apartment [...]

Airbnb Hosts are Putting Their Earnings Back into Real Estate

Airbnb hosts say that their passive income gained through hosting allows them to continue to invest in the real estate market. Airbnb serves as an income that does not require trading hours for dollars; instead, this money can cover costs related to rent, or mortgage, with a minimal amount of time consumed. In taking the average monthly rent [...]

Here's Why Luxury Buyers Choose Castles Unlimited

 

Working with a luxury buyer presents a very different experience than working with any other demographic. Those who are looking to purchase a high-end property are discerning and highly-informed — and expect their agent to be as well. As a result, the questions they ask are less about learning about a market’s livability and more about what [...]

New Home Sales Up in March

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New-home sales rose 4.5 percent from February to March and are up 3 percent year-over-year to a seasonally adjusted rate of 692,000, according to data from the U.S. Census Bureau and Housing and Urban Development.

Nationwide, 344,000 new homes were listed for sale, a modest rise from 336,000 in February. The median sales price of a new home was [...]

Commercial Opportunity in Newton

Busy Newtonville location, near T stop, supermarket, and Newton North High School. Location features high ceilings, usable full basement. Space ideal for office, retail and light food services. $3,400 / Triple Net Lease (NNN).

Weekly Mortgage Applications for Homebuyers Hit Highest Level in 9 Years

 

Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but homebuyers are not pulling back.

Mortgage applications to purchase a home rose 1% last week from the previous week and were 7% higher than a year ago. Purchase applications reached their highest level since April [...]

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