Wellesley, MA

The State of Boston Area Commercial Real Estate in 2019

The Greater Boston office market ended 2018 with a bang as absorption gains of nearly one million square feet pushed vacancies down to 11.6% in the fourth quarter of last year, according to a report by a Boston brokerage firm. Year-to-date net absorption totaled nearly 1.6 million square feet as out-of-market demand and local growth resulted [...]

Boston Is Among The Best Real Estate Bets For 2019

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 [...]

Luxury Basements are the Latest Trend in Million Dollar Real Estate

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 [...]

13 Signs Of A Smart Real Estate Investment

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 [...]

Wellesley Market Update: First Quarter 2016

The Greater Boston Association of Realtors has released the local market updates for the first quarter of 2016 and aside from some high condominium pricing; the real estate market in Wellesley is not looking too bad!?
While prices saw a small increase of 6 percent over last year, that did not affect sales negatively.

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Local Market Update for Wellesley, MA

tech <p>Comparing the months of January 2014 and January 2015 in Wellesley, MA, we see that the number of closed sales of single-family homes has decreased by 14.3% and the average sales price has increased by 14.7%. The number of days homes in Wellesley have stayed on the market increased by 71.8% and the number of new listings in the
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