real estate news

The 6 Reasons Behind Boston's Amazing Real Estate Outlook

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 [...]

Jenny Craig's Beachfront Home in Del Mar Lists has Price Cut to 27.9 Million

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Jenny Craig, known for her namesake nutrition, fitness, and weight loss programs, has re-listed her Del Mar beachfront home for a dramatic pricecut at 27.9 Million down from 39.5 Million. 

Surging Biotech Industry Means Demand for Boston Area Commercial Real Estate

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The life sciences industry is taking off, with the medical technology and biotech sectors expected to grow further as traditional pharmaceutical companies are joined by startups and incubator labs driving new research and development. And with life sciences innovation rising, so is demand for the space in which to innovate. “Real estate is [...]

Boston Area Real Estate Simultaneously Becomes More Valuable and Affordable

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SANTA ANA, Calif.–First American Financial Corporation, a global provider of title insurance, settlement services and risk solutions for real estate transactions, released the November 2018 First American Real House Price Index (RHPI). Boston is signaling an improvement in affordability, according to the [...]

The Chinese Middle Class Won't Stop Buying American Real Estate

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Chinese consumers may have soured on some American products, like iPhones, but they have only sweetened on U.S. residential real estate. They have been the top foreign buyers in both units and dollar volume of residential housing for six years straight, according to the National Association of Realtors, and now they expanding to new, lower [...]

The State of Boston Area Commercial Real Estate in 2019

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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

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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 [...]

Bitcoin vs. Real Estate in 2019

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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 [...]

Luxury Basements are the Latest Trend in Million Dollar Real Estate

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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 [...]

The Silver Lining for Rejected Amazon HQ2 Finalists

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It was no secret that e-commerce giant, Amazon, was looking for its second headquarters among major U.S. cities. Unfortunately, or fortunately, depending on your perspective on the idea, all of the finalists could not share the new jobs and billions predicted to inundate the local economy. Amazon chose Arlington, a northern city in Virginia and NYC to split the home of their HQ2. However, many of the areas considered, but ultimately rejected, are expected to outperform the national average over the coming year. This comes even as the overall market is slowing. 

Harvard Researchers and a Zero-Emission Home – Here's What "HouseZero" Looks Like

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At Castles Unlimited, we’re always on the hunt for the latest eco-friendly home advancements– after all, what’s more important than respecting our planet while saving our customers money? New England and cutting-edge technology go together like Tom Brady and Super Bowl championships, so as you can imagine, we were thrilled, yet, hardly [...]

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