Community News

Boston Market Update: May 2016

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The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.

 

Boston Market Update: May 2016

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The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.

 

Five Tips for Buyers in a Seller's Market

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Any time the market changes; your buying strategy should too. During a buyer’s market, buyers can make more demands to sellers over their homes’ price and condition. During a seller’s market, buyers have to concede the upper hand to sellers. So, in a seller’s market, these 5 tips will help you get what you want.

 

Boston Named 3rd Most-Walkable City in the U.S.

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With the summer approaching so quickly, Bostonians can finally come out of hibernation and enjoy Boston to the fullest. Part of that is taking advantage of the city's incredible walkability. 

According to Walk Score, Boston is the third most walkable city in the United States. With New York on the first place and San Fransisco on the second place.

Boston received a “Walk Score” of 80.1, which is a 1.2 point increase in the city's walkability score from last year. 

 

Off-Campus Housing in the Boston-Area Rated One of the Most Expensive In The Country

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If you are a college student looking for off-campus housing for the coming semester and are planning to live within a 1 mile radius from your school, brace yourself!

RadPad, a startup specializing in apartment searches, compiled a list of?50 universities that have the most expensive off-campus apartments.?Boston area schools took up a full fifth of the chart. The rankings are based on the average rent for a 2 bedroom apartment within 1 mile from the campus.

Historic Newton's Annual House Tour May 22nd

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Historic Newton’s annual House Tour, held this year on May 22 from noon to 5 p.m., offers the public a rare opportunity to look inside a select group of remarkable private residences and non-commercial properties in Newton. 

Condos Are Now More Expensive Than Single-Family Homes

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Condo prices all across Boston are skyrocketing as the spring market kicks off. Urban areas, from upscale to affordable, are leading the charge.

Somerville, Jamaica Plain and increasingly upscale Charlestown saw some of the biggest increases as did Brighton, Medford and West Roxbury.

And it’s not just rent prices that are on the rise. Sales are up by double digits in the same areas as well. The median condo price in Massachusetts went up 10% in March, clocking in at $320,000 which is more than the median price of a single-family home ($315,000).

How To Restore a Historic Home

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Restoring a historic house is no small task. However, it’s definitely a worthwhile endeavor. Untouched fixer-uppers usually include period detail unscathed by previous renovations. However, special care must be taken when dealing with old structures and keep in mind that old houses are full of surprises and costs can start adding up. So here are a few tips and tricks on what to expect and what to look for when restoring a historic house.

 

Zero-Energy Homes: Changing The Real Estate Landscape for Good

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While trends come and go, hopefully the zero-energy mindset is here to stay. A zero-energy home is a space that relies on exceptional energy conservation and on-site renewable energy to meet heating, cooling and energy needs. As the movement continues to gain traction around the country, here is a closer look at what it really means to own a “zero-energy home”.

Five Tips to Wow Your Clients

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When was the last time you received an unexpected service or treat? Perhaps your favorite restaurant gave you an appetizer on the house or the local baker you frequent gave you a free pastry “just because.”Did it put a smile on your face and make you want to tell everyone you know about the great service you received?

That’s how your clients feel when you go the extra mile for them, not just while you’re working with them on a transaction, but before and after as well. It’s the little things you do to show your clients you care that matter in the long run. Show them you want to establish trust. 

How To Save For A Downpayment on Your First Home

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Paying high rent and making student loan payments can make saving for a home seem nearly impossible.  For some, it may well be. However, for most it’s a matter of buckling down and setting aside money rather than spend it. The biggest obstacle for most young homebuyers to overcome is the down payment. Here, we give you the run down on what it is, how to prepare for it, and where to find the extra cash.

Real Estate Roundup: May 4, 2016

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Good morning and happy Wednesday!

Here’s a summary of recent transactions and personnel news within Greater Boston’s real estate community.

1.    Chevron Partners has acquired the historic Sears Crescent building in Boston’s Government Center neighborhood from Copley Investments for $23.8 million. The 50,300-square-foot brick-and-beam building is fully leased to 14 tenants and is the third acquisition for Chevron Partners in Boston since [...]

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