It is no secret that innovation drives productivity and bolsters economies. Cities with high concentrations of human capital are more likely to witness a future of prosperity. In a recent study, this idea was put to the test in relation to real estate, and not surprisingly, cities with higher concentrations of innovation and talent recorded [...]
You get what you pay for, and that is especially true for real estate professionals.
Whether you are a new investor, or an experienced veteran, it’s sometimes easy to get in over your head when you discover a new opportunity or property that seems too good to pass up.
In a recent ranking based on median listing price and median days on the market, Boston ranks as April's number one hottest housing market.
The median days on the market in Boston is 32 days, which is quick compared to other cities, but not necessarily the quickest. Where Boston really shines is this short days on market number in [...]
Many people avoid foreclosures like the plague, but if done right, they can be a great investment.
iBuyer companies, like Opendoor and Offerpod might make the process of selling your house easy and quick, but it comes at a price.
Castles President, Jim Lowenstern, Joins Inman's Luxury Referral Network
Working with a luxury buyer presents a very different experience than working with any other demographic. Those who are looking to purchase a high-end property are discerning and highly-informed — and expect their agent to be as well. As a result, the questions they ask are less about learning about a market’s livability and more about what [...]
As Beacon Hill awaits next week’s release of data on critical April tax collections, economists reported Friday that the state economy grew at a 4.6 percent annual rate in the first quarter, an increase from the 2.3 percent growth rate in the fourth quarter of [...]
Late last year, analysts were betting on a break from the hot housing market, which had begun to breed concerns of instability. How long could prices really run up?
New-home sales rose 4.5 percent from February to March and are up 3 percent year-over-year to a seasonally adjusted rate of 692,000, according to data from the U.S. Census Bureau and Housing and Urban Development.
Nationwide, 344,000 new homes were listed for sale, a modest rise from 336,000 in February. The median sales price of a new home was [...]
Thinking of getting into luxury real estate, but not sure if now is the right time for you to specialize? Believe it or not, there are a lot of good reasons why you might want to become a luxury real estate agent right now. If this niche has been on your mind, you might want to seriously consider moving forward with that goal sooner rather [...]
When most Americans think of luxury real estate, Boston might not be the first city that comes to mind. Maybe that should change, given the city’s remarkable economic growth in recent years that has kept it comfortably within the ranks of top-tier markets for first-class real estate and investment [...]
Real estate as an asset class appears to be heading into the end of a cycle that began with the era of low interest rates a decade ago. Luxury markets in the top investment cities across the country are either in a pricing correction already or expected to cool significantly in 2019. But my hometown of Boston is very different. Despite its [...]