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 [...]
Who is buying and selling real estate in the next three years? Globally 38% are interested in buying compared to only 23% who want to sell.
Kendall Square is now among the most expensive business districts in the U.S. Business rental prices in Cambridge are now comparable to Manhattan or San Francisco.
Defining the luxury real estate market isn't simple. From Boston to Miami to Los Angeles, the word luxury has a different definition. In some areas, luxury is defined as anything over $1 million. In pricey parts of Los Angeles, single-family homes often are listed at $5 million and [...]
According to Money Magazine, Newton, MA tops the United States livability charts yet again.
Unfazed by associations with cell blocks and parking garages, more homeowners are discovering that concrete is the chameleon of construction. It can take on the texture of wood or glass, an artist’s palette of color beyond drab gray and, with the addition of structural fibers and plasticizers, is less prone to cracking. According to surveys, poured and precast concrete is most popular in the luxury sector—accounting for 4.1% of high-end homes built last year. That marks a steady increase in the demand for luxury concrete since the recession low in 2012, when such homes accounted for just 1.9% of new construction. Investing in concrete construction with high-end finishes may pay off in resale value–– Realtors now recognize that polished concrete floors are a very popular design element.
The luxury market is on a record streak, boasting double-digit growth in 19 of the largest markets in the nation for the first time in over four years.
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It seems that shortage is coming to a close, at least in higher-tier markets...
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Just over 50% of homes in the nation have risen past their peak value prior to the recession...
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According to recent data from the Luxury Home Index by realtor.com®, $1 million-plus transactions are increasing annually at a rate of 25%...
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Buying homes as close as a 15 minute radius out from city centers can save thousands on housing costs...
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Here is a breakdown of the biggest reasons the millennial demographic has been lagging in the home ownership front [...]
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