Posted by Pam on April 30th, 2009 in real estate market
In the market for a two-bedroom condo? In Boston, expect your average 2-bed to set you back $300-$500K, depending on the neighborhood. (And yes, that’s even factoring in the current slow market.) According to LINK data, the average two-bedroom condo in Allston costs about $330,000. In Brighton, that’s closer to about $335,000. And in the [...]
Posted by Pam on April 28th, 2009 in real estate market
For years, the Holy Grail of real estate was home ownership. Homeowners were said to be more responsible, more reliable, more involved with community affairs, more concerned with neighborhood improvement. Renters, on the other hand, were painted as transient, disinterested in community, and unable to commit. As a landlord, you would be lucky if they didn’t [...]
Posted by Pam on April 23rd, 2009 in Back Bay Homes, Brookline Homes, Fenway Homes, South End Homes, real estate market
With birds singing and flowers blooming, it’s the time of the year when potential housebuyers turn their thoughts to downpayments, interest rates and private mortgage insurance. And naturally, we’ve set out to see what’s on the Boston market from a European perspective. Here’s what we found in two Boston neighborhoods. Properties were calculated using the [...]
Posted by Pam on April 21st, 2009 in real estate market
If you’re in the market for a parking space in central Boston, you may have quickly realized that you will be paying a price that would buy you an entire condo in some parts of the United States. Maybe you’re better off joining Zipcar and using the MBTA. However, if you insist that you need [...]
Posted by Pam on April 16th, 2009 in Life in Boston
You fell in love with a cute little condo with lots of light, vessel sinks and stainless steel appliances. But perhaps the one thing you don’t have is outdoor space. And yet, you crave fresh-grown tomatoes, fresh herbs, home-grown zucchini and carrots.
What do you do?
Sign up for a community garden space.
Tight neighborhoods throughout the city [...]
Posted by Pam on April 14th, 2009 in real estate market
What is it that people like about East Boston?
According to the Financial Times, which recently wrote about the neighborhood , it’s the area’s proximity to downtown Boston and to the airport. Oh yeah, and it’s cheap.
“I have a lot of clients in Boston so the closer I am to downtown the better,” Keven Thibeault told the [...]
Posted by Pam on April 10th, 2009 in real estate market
A few weeks ago, we wrote of the auction of luxury condos at the Longwood Towers in Brookline. It’s taken a while, but here’s an update on the auction results:
Total units sold: 46
Total sales volume: $24,595,000
Avg Price Studio: $255,500 (75% Sale Price to Last Asking)
Avg Price 1 Bed: $348,929 (81% Sale Price to Last Asking)
Avg [...]
Posted by Pam on April 9th, 2009 in Life in Boston
For months The Velvet Ribbon has caught my eye for the impeccable styling of the mannequins in the window. The fashion is dashing, sophisticated, elegant, fresh and artfully unexpected. I could picture myself (on one of my better days) dashing off to work or meeting friends for dinner in any of the outfits routinely appearing in The Velvet Ribbon’s window. Out [...]
Posted by Pam on April 7th, 2009 in real estate market
What do prices and sales look like in prime Boston neighborhoods? According to figures provided by LINK, sales and prices are down in three key neighborhoods, but up in one other. On the Waterfront, sales have fallen and the number of days that condos have stayed on the market have lengthened. The same is true [...]
Posted by Pam on April 2nd, 2009 in real estate market
Worried about where to buy during a brutal recession?
According to the Wall Street Journal, your best bet may be a college town.
“While college towns have long been considered recession-resistant, their ability to avoid the depths of the financial crisis shaking the rest of the nation is noteworthy. The ones faring the best right now are [...]