Posted by jenn on January 28th, 2008 in real estate advice, real estate market
Welcome to Mondo Boston!
Searching for a home in Boston can be a daunting task if you live abroad. Mondoboston.com exists to help introduce international buyers to Boston and the home buying process. Use our site to find out more about the logistics of house buying in the United States. Catch up on neighborhood news, surf […]
Posted by Pam on August 26th, 2008 in real estate market
It’s been a while now that parents have been investing in small condos for children attending a local university in lieu of paying ever-higher dorm costs. But last week, The New York Times noted another phenomenon: more parents are buying second homes in towns where their kids are attending college. And this time, they are doing it […]
Posted by Pam on August 13th, 2008 in real estate advice, real estate market
Are foreign buyers turning away from Boston real estate?
Nationally, according to a report released last week by the National Association of Realtors , that could be the case. For the 12 months ending May 2008, only 26% of 4,000 American real estate agents surveyed across the country had at least one foreign client. In 2007, in a similar survey, the proportion […]
Posted by Pam on August 11th, 2008 in real estate market
We normally don’t pay much attention to the commercial side of real estate here at Mondoboston.com. Instead, we’re fascinated with lofts, brownstones, and life in central Boston. But a recent report on the office space market by the brokerage firm Jones Lang La Salle seems worth noting, as it may potentially have repercussions for the downtown housing […]
Posted by Pam on July 30th, 2008 in real estate market
Last week, The Boston Globe reported a 15 percent decline in sales in the downtown condo market.
But not for the reasons you might think.
Sales didn’t slow for a lack of buyers. Instead, according to the report, sales in downtown real estate slowed simply because there was less out there to buy.
“Currently, there are very few large […]
Posted by Pam on July 24th, 2008 in real estate market
Last week, the dollar fell again against the Euro — this time, to a record low of $1.6038. In honor of that record (the dollar has since risen again) we thought we’d take another look at properties from a Euro perspective. All properties were calculated as of exchange rates on Sunday.
381 Marlborough Street, #4
Back Bay
BEDS:2/BATHS:1/SQ.FT:790 […]
Posted by Pam on July 21st, 2008 in Life in Boston, real estate market
You’re from out of town and you’re thinking of buying a home in Boston. Will you choose life in one of Boston’s historic brick rowhouses or instead one of Boston’s new luxury condo buildings?
According to an article in The Boston Globe, these days, you’re more likely to choose the luxury condo building, where you may pay more […]
Posted by Pam on July 15th, 2008 in real estate market
Internationals looking for investment opportunities around Boston might consider taking a closer look at Cambridge. With easy access to downtown Boston and as home to several of the world’s top universities, Cambridge now has one more thing going for it: housing prices. According to an article this week in The Boston Globe, prices of homes […]
Posted by Pam on July 1st, 2008 in real estate market
Traditionally, people don’t come to Boston to retire. Instead they move to cities like Miami, Phoenix or even Las Vegas where they can gamble, play golf and lie on the beach. And besides, the cost of living is lower in many of these places while the weather is certainly warmer.
But will a national housing slump and the simultaneous […]
Posted by Pam on June 24th, 2008 in real estate market
While housing prices have certainly calmed down in Boston recently, the same holds true for many other cities around the world. Two examples: Rome and London.
According to the Tecnocasa Real Estate Agency, prices for homes in Rome fell by an average of 0.9 percent in 2007. As in Boston, prices of homes located in the central […]