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 10th, 2010 in real estate market
My how quickly things change. A year ago, landlords were desperate to rent their apartments to any one willing to sign a lease. These days a complete turnaround in the rental market has made apartments scarce and more expensive.
According to a report in today’s Boston Globe, the changes, while small, signal a market shift [...]
Posted by Pam on July 22nd, 2010 in real estate market
In case your summer vacation has you missing the headlines, we’ve put together a round-up of real estate news:
McMansions continue their growth in Boston’s suburbs.
More Downtown luxury condos are moving into foreclosure.
Mortgage Rates on the Increase?
Condos Institute Community Gardens
A Falling Homeownership Rate
Posted by Pam on July 15th, 2010 in Life in Boston, real estate advice, real estate market
It’s the time of year when we start planning which books we’re taking with us to our summer house, the beach, or maybe just to the park across the street. And since we’re consumed with real estate here at Mondoboston.com, we thought we’d run down a quick list of real estate-related books which might make [...]
Posted by Pam on July 6th, 2010 in real estate market
A few weeks back we wrote about the auction of lofts at the American Brewery in Jamaica Plain. Here’s the news flash: of the 20 units on the block, 19 sold. Only one remains, #511, a 1,131 sq ft. loft. The last asking price before auction was $549,900 but the asking price is now $310,000.
In [...]
Posted by Pam on June 24th, 2010 in real estate market
Summer has officially begun, and it’s the time of year when housebuying traditionally begins to slow. And yet, homes are still coming on the market. Are prices lower now that the homebuyer’s tax credit has expired? You tell us. Here are three units that have just come on the market:
68-84 W. Springfield, #111
South End
BEDS:2/BATHS:2
SQ.FT: 1441
$749,900
PROS: [...]
Posted by Pam on June 15th, 2010 in real estate market
This is the time of year when househunters begin to covet those homes on the market with outdoor space. We’ve found three:
184 Marlborough Street, #1
Back Bay
BEDS:2/BATHS:1.5
SQ.FT: 1221
$819,000
PROS: This spacious condo is in a great location just a couple of streets over from Newbury Street. The condo itself features Murano lighting, Miele appliances and a sub-zero [...]
Posted by Pam on June 8th, 2010 in real estate market
It’s easier than it used to be to find a downtown loft for less than $450K. We remember just two or three years ago when it seemed a Boston loft couldn’t be touched for less than $500K. Well, apparently, things are loosening up. For instance:
44 Beach Street, #4D
Boston MA 02111
4th Floor Unit, Chinatown Loft-Style Condo
Sale [...]
Posted by Pam on May 25th, 2010 in real estate market
Last week, we considered what you could get in Boston for around $350K. This week, we would like to consider Dorchester in particular, as $350K buys you far more in this part of town than you can find elsewhere. For less than half of the value of a small South End condo, it is possible [...]
Posted by Pam on May 20th, 2010 in real estate market
In Boston, it’s safe to say that $350,000 is the threshold to buying a reasonably well-situated city apartment near public transportation. How large the apartment will be depends on which neighborhood you choose. In the rarefied neighborhoods of the Back Bay, Beacon Hill and the South End, $350K might buy you only a 500 square [...]