Boston has made it into the top 10 best real estate bets for 2019. In 2018, jobs grew at an unprecedented rate of 2.5 percent. Home prices went up 6 percent, and income went up 6 percent as well. The average home is listed for $426,000 and the average monthly rent is $1,614. Taking all of these factors into consideration, Boston area real [...]
Have you always dreamed of buying an old house in Italy or France? Change that goal to Turkey or Greece and you may find the dream is more affordable than you imagined.
Analysts looked at real estate data from 36 developed (OECD) countries and calculated the places where you'll get the most home for the least money. By these rankings, Turkey [...]
Bitcoin won in 2017.
Real Estate won in 2018.
Who wins in 2019 and beyond?
2017 was the year of bitcoin (BTC-USD): the price surged from below $1,000 to a high of nearly $20,000. Meanwhile, 2018 has seen the price crater to ~$3,700 as of this writing. Given this enormous volatility, it is anyone's guess what 2019 will bring for the [...]
Developers are taking luxury homes in an unexpected direction: Underground.
Across the luxury market, we’re seeing more and more "extravagant basements" or lower levels being built into homes. While this square footage isn't considered as valuable as above grade, it still allows for a higher selling price and returns on investment. Keep in [...]
Most prospective real estate investors can spot red flags indicating a bad investment — a long listing time, steadily declining asking prices, high neighborhood turnover, etc. But what about "green flags"? Signals that an investment might be promising are just as important to consider, and you don't want to overlook them when you're hunting [...]
It was no secret that e-commerce giant, Amazon, was looking for its second headquarters among major U.S. cities. Unfortunately, or fortunately, depending on your perspective on the idea, all of the finalists could not share the new jobs and billions predicted to inundate the local economy. Amazon chose Arlington, a northern city in Virginia and NYC to split the home of their HQ2. However, many of the areas considered, but ultimately rejected, are expected to outperform the national average over the coming year. This comes even as the overall market is slowing.
Amazing 4 unit iconic Victorian that isn't on the Historic Register plus an adjacent vacant lot. Land total is over 30,000. Walk to shops and Commuter Rail. Priced right at $2.5 Million.
At Castles Unlimited, we’re always on the hunt for the latest eco-friendly home advancements– after all, what’s more important than respecting our planet while saving our customers money? New England and cutting-edge technology go together like Tom Brady and Super Bowl championships, so as you can imagine, we were thrilled, yet, hardly [...]
Houses of worship have always been incredibly important to the feel of a neighborhood– they serve as community centers, architectural landmarks, and historic hubs. Often iconic structures, churches can contribute to blight when they’re dormant but can also generate traffic and improve perceptions of safety and vibrancy when they’re active [...]
Eight Boston architecture firms have made the list of Top 50 Architecture Firms in the United States, with Boston-based William Rawn Associates ranked as number three–the list of the top 50 architecture firms for 2018 was compiled by Architect [...]
Boston is an expensive city to buy a house. Anyone who has ever tried to buy in the Boston area knows about the bidding wars and heavy competition to become a homeowner. Fortunately for sellers, the Boston area housing market has been heated and growing steadily more heated over the past few years. However, buyers may soon be catching a break according to new reports show that home prices in the region showed the first signs of cooling off in October—the volume of sales slowed, as the number of properties for sale increased.
No matter where you live, you may have noticed an influx of foreign investors discovering real estate in your home country to be an increasingly attractive asset. These investors are clear indicators that luxury real estate has indeed gone global. Be it a chic apartment in Paris or a grandiose manor in Berlin, affluent buyers are [...]
Commercial brokers’ earnings have reached an annual average of over $150,000, and from 2016 to 2017 the median sales volume increased from $3.5 million to $3.87 million. With numbers that good, it’s no surprise that more and more real estate professionals are entering the commercial industry.
The City of Boston has been named a winner of the Bloomberg American Cities Climate Challenge and as a result has been selected to receive $2.5 million to subsidize environmental initiatives, with a primary focus on green buildings and transportation. “We have to accelerate our actions to reduce carbon emissions. Addressing climate change [...]