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 [...]
Real Estate Tips
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 [...]
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.
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.
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.
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.
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