Some places have a harder time getting sold than others. In the South End, according to our own informal survey, it seems that a property is more likely to sit on the market if it has any one of these three factors:
1) It’s expensive, and possibly overpriced. (Let’s say $500K and up)
2) It’s far from [...]
Even while the housing market struggles along, realtors are saying they are witnessing a strange phenomenon: a number of properties are attracting multiple bids, even while other properties languish on the market for months.
According to the Redfin “Sweet Digs” blog in June, almost half of the homes Redfin clients bid on had multiple offers. Redfin agents presented [...]
Here’s an interesting real estate tidbit coming from Redfin.
According to Redfin’s “Sweet Digs” blog, it took Boston Redfin clients 10 days longer to close on their homes in June than it did in May. In March, closing took only 45 days. These days, it takes about 62 days to get to closing.
Why? Redfin says the [...]
Last in our series on finding moderately-priced modern furniture in Boston, we offer the well-known furniture retailer West Elm. Located in the Fenway on Brookline Avenue, West Elm is a relative newcomer on the furniture scene in the city. Owned by Williams-Sonoma, the company that also owns Pottery Barn, West Elm offers cleaner more modern lines [...]
Just a couple of weeks ago, the 1850 Lofts at 90 Wareham Street in the South End auctioned off 35 condominium units after sales slowed. Adventurous bidders were rewarded for their efforts, receiving a substantial discount off initial listing prices. For instance, a two-bedroom, 1,115-square-foot home on the building’s fourth floor sold for $426,000, a [...]
Can you find foreclosures in the hottest neighborhoods in the city?
You can, but it’s pretty darn hard.
A few months ago, they were nearly impossible to find. These days, they’re slightly more common, although still pretty rare. In the hottest city neighborhoods: the Back Bay, South End, Beacon Hill and North End, foreclosures seem to be [...]
Earlier this year, we were in the market for a new couch. We wanted something sleek with clean lines. We wanted something classic in a modernist sort of way. We wanted something that might last us for 10 years and that we wouldn’t be embarrassed to own in 2019. What we didn’t want: the lumpy, [...]
The value of both condos and single family homes is going down. According to a June 23, Warren Group report, “the median selling price for [single-family] homes dipped 13 percent to $280,000 from $322,000 (in May). The median condo price slipped 10.4 percent to $257,000 in May from $287,000 during the same month last year.”
So [...]
After a long hard winter, we can’t say much about summer either. The snow that kept us inside in February has turned to rain in June and July, which has us again engaged in one of our favorite pasttimes — redecorating.
We like clean, simple modern lines, and so we’re naturally drawn to European manufacturers like [...]
From time to time we take stock of housing and real estate news stories in Boston and Massachusetts. Here are a few recent headlines:
Read the results of the condo auction at the South End’s 1850 project.
Renters around Boston are getting good deals on rents as the rental market softens.
Massachusetts home sales drop to ‘89 rate.
Some [...]
