We wrote about the Carruth condo development a few months back. It’s that new condominium building located in the Ashmont section of Dorchester. Units at the complex had not been selling — undoubtedly partly due to location (Dorchester can be a hard sale for many people) and partly because of generally bleak economic conditions. Things at [...]
What’s happening around the world in real estate?
Well, a lot, including what seems to be a surge in house-buying activity in recent weeks.
The New York Times, reports that the feeble British housing market, where prices are down on average 15 percent from their 2007 peak, seems to be enjoying an uptick in activity recently. In [...]
Another new condo development has won approval from the Boston Redevelopment Authority in the South End. The new development, located on the corner of West Brookline Street and Warren Avenue, is actually the Concord Baptist Church and will include nine units, some condos, others rentals. Parking spots associated with the building will be used for future [...]
What does $350K buy you in the North End?
1 Unity Street, #2F
BEDS:2/BATHS:1
SQ.FT:585
$344K
PROS: It’s a two-bedroom for the price of one. It’s also centrally located and there is the potential to combine units to create a larger space.
CONS: At 585 square feet, this unit is too small to call a proper two-bedroom.
46 N. Bennett Street, #1
BEDS:1/BATHS:1
SQ.FT: [...]
We’re all feeling a little strapped for cash these days as the unemployment rate heads up. So naturally, we’ve been casting about for low-cost properties in central Boston. Here’s what we came up with:
76 Commonwealth Avenue, #2
Back Bay
BEDS:0/BATHS:1
SQ.FT: 394
$305K
PROS: It’s got a great location, an updated kitchen with granite and stainless steel, hardwood floors and [...]
We just ran across a noteworthy article on “America’s Abandoned Cities” — those cities experiencing a spate of real estate vacancies due to foreclosures, overbuilding and a poor economy. Fewer jobs and struggling industries mean that there are fewer people vying to rent apartments. And fewer jobs and struggling industries also mean that fewer people can afford [...]
Not everything sells like hotcakes in the Back Bay.
We’ve spotted several properties in this part of town that have sat on the market for YEARS. When that happens, you have to believe that either the seller is very stubborn or something is really wrong with the unit. And what unit has sat on the market the longest [...]
Although the headlines last week were all about rising sales of new homes, the reality in the Boston condo market is a bit different. According to the Boston Real Estate blog, the number of Boston condo sales were down all over Boston neighborhood in the second quarter of this year.
Here’s a recap of the stats:
Back [...]
