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.

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.

Kitchen renovations are expensive but luckily there are small, inexpensive tweaks you can make to emulate the same “new space” effect. Here are five changes you can make that will freshen up your kitchen without breaking the bank.

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.

The Greater Boston Association of Realtors has released the Needham market updates for March 2016 and judging from the increase in single-home listings and decrease in pricing, it is clear we have a buyer?s market.

The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. Not surprising, since prices were way lower than last year, the sales have significantly increased.

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The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.

The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.

Often times when people are planning to sell, they focus on indoor improvement. A home's exterior and backyard are just as important and shouldn't be neglected. You want to make your home as appealing as possible for potential buyers. Here are some of today's trends in outdoor living to help you bring in the buyers

While trends come and go, hopefully the zero-energy mindset is here to stay. A zero-energy home is a space that relies on exceptional energy conservation and on-site renewable energy to meet heating, cooling and energy needs. As the movement continues to gain traction around the country, here is a closer look at what it really means to own a “zero-energy home”.

Good morning and happy Wednesday!

Here’s a summary of recent transactions and personnel news within Greater Boston’s real estate community.

1.    Chevron Partners has acquired the historic Sears Crescent building in Boston’s Government Center neighborhood from Copley Investments for $23.8 million. The 50,300-square-foot brick-and-beam building is fully leased to 14 tenants and is the third acquisition for Chevron Partners in Boston since [...]

Millennials will soon become the largest group looking to buy and sell their homes, and are set to become the real estate industry?s most influential demographic. To keep your real estate business thriving over the next two decades, you will need to attract both Millennial customers and agents. Here are a few characteristics to keep in mind.

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As millenials flock to major cities for professional opportunities, it seems their chances of being able to buy a home are slimmer than they realize. While nearly 80 percent of millennial homebuyers say they plan on purchasing a home someday, more than 40 percent have not started saving for a down payment.

Pending home sales rose to their highest level this February, and remain higher than a year ago according to the National Association of REALTORS?. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity.

Although the Pending Home Sales index, a forward-looing indication based on contract signings, has now increased year-over-year for 18 consecutive months, last month?s gain was the smallest.

South Boston is without a doubt in flux these days, with significant developments either in progress or under the planning stage and the Seaport District infringing on the conventional region of the area.

To sum it all up, the average asking price in South Boston is $602 a square foot. Although there is a wide range behind that average: from $406 a foot on G Street to $781 a foot in the new second phase of the Allele complex.