This 6 bedroom, 8.5 bath home has been impeccably maintained and updated to reflect 21st century living. The property features expansive entertainment spaces, a kitchen in the round with bay views, 114 ft. private dock, indoor racquet ball court, billiard room, gym, sauna and pool. With wide water bay views that both astound and delight enjoy one of South Florida's most prized water locations.
According to a recent study by SmartAsset, Middlesex County has the fourth strongest purchasing power in Massachusetts. The study examined the cost of living expenses balanced with average income.
This majestic mountain aerie, Shelter Island Estate, sits atop a solid granite foundation on 24-acre Shelter Island, rising from Montana’s Flathead Lake; one of the top 3 cleanest lakes in the world. This rare offering, currently the largest private home in Montana, features over 32,000 square feet of structures and commands 7,000 feet of prime lakeside frontage, extremely unique for private ownership. Being situated next to Glacier National Park is one more facet in this incredible jewel of a property.
Relentless supply constraints and home price growth outpacing wages are testing the patience of homebuyers this year, but existing-home sales are still on track to come in at their highest pace since 2006, according to an economic forecast forum at the 2016 Realtors® Legislative Meetings & Trade Expo.
Among the topics addressed were: the growing burden repaying student loan debt is having on young adults, the housing market and the overall U.S. economy.
After the housing market’s best first quarter since 2007, sales this year are expected to come in around 5.41 million, a 3 percent boost from 2015. This report represents a boom in the housing market, and a solid foundation as the spring buying season ramps up. If this growth continues, 2016 could be the best year for the real estate market in a decade.
Single women are coming up in power, wealth and market share, quickly becoming one of the most important demographics in the increasingly fragmented real estate market.
The new Forbes ranking of the wealthiest individuals declared Abigail Johnson, CEO of Fidelity Investments, as the wealthiest individual in Massachusetts with a net worth of $14.7 billion.
New home sales data released this week showed that sales were 16.6 percent higher than March when comparing the seasonally adjusted annualized rates, and 23.8 percent higher than last year.
This news comes from estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
One of the greatest real estate speculations this season has been the question of where Jeff Immelt, the CEO of General Electric, will move when the organization moves to Boston this late spring.
Well, according to public records, Immelt and his S.O., Andrea, are under contract to buy a 3,565 sq. ft. triplex home at 36 Commonwealth Ave., a 4 room property found a short distance from the Boston Public Garden.
Despite a rapid increase in home prices, mortgage rates have dropped to their lowest point in three years. As of Tuesday, the average rate for a 30-year conforming mortgage nationally was 3.6 percent, down 2 points from last week. This drop means a 6 percent increase in buying power.
There are disadvantages to lower mortgage rates however. Credit availability declines marginally as the rates decline. With a small margin, lenders become more risk averse so indicators of credit tightness like the average FICO scores have gone up as rates have gone down.
Bicycle-friendly amenities are contributing to a surge in property values for communities everywhere, marshaled by developments in urban centers and suburban outposts that accommodate “active” transportation. At its core, the bicycle boom is about people choosing a lifestyle that gives them more options and requires less dependence on motor vehicles. Through supporting bike infrastructure, real estate professionals who influence the built environment [buildings, neighborhoods and streets] can play a significant role in creating healthier, more sustainable communities.
This newly built modern oceanfront estate is located at 3700 Ocean Drive in Vero Beach, FL and boasts 200 feet of water frontage. It features a main house and guest house boasting approximately 18,000 sq. ft. of living space with 8 bedrooms and 8 full and 4 half bathrooms.
The main house features a 2-story foyer with floating glass and wood staircase, 5 bedroom suites, 2-story great room, 2-story dining room, gourmet kitchen, 2nd catering kitchen, informal dining room, family room, media room, hair salon, gym, 3-car garage and more. Outdoor features include a loggia with fireplace and barbecue, 80 ft. infinity edge swimming pool and a koi pond. The guest house features 3 bedroom suites, living/dining room and a kitchen. Outdoor features include a swimming pool and firepit.
One of the most exquisite estate offerings in the United States, covering a 2.5 acre promontory. Surrounded by 360 degree views that sweep from downtown to the canyons, the 7 bedroom, 10 bath Villa embraces 18,000 sq. ft. of palatial living space with grand scale. Built with the finest materials, this stately mansion features the most opulent dining and living rooms. Designer details include gold leaf crown moldings, hand woven carpets and European details. The private grounds showcase the sunny swimmers pool, dining and viewing pavilions perfect for entertaining and enjoying the city view below.
Governor Charlie Baker is proposing an 8% increase on state spending for affordable housing for next year, and an 18% increment throughout the following five years, to a sum of $1.1 billion.
Baker proposed utilizing a sizable part of the new supports in the state’s capital spending plan to protect a portion of the 3,300 affordable residential units that are set to end up being priced at the market rate in the near future. The arrangement would finance more projects for affordable housing, for low-income families and for development projects in the state.