It’s been a dramatic month in the local Boston real estate market. We’re seeing things happen that we haven’t seen in years… Namely, much higher interest rates. Most of the action in the market is being driven by a turbulent economy and the aforementioned rising...
It’s early September and Boston’s brokerage world is ramping up for what (we hope) will be a productive fall sales market. The summer months have come and gone with a rather flat state of affairs. The item that stands out the most between the two years is the...
With student housing costs and monthly rental prices through the roof, students (and their parents) may be interested in how to calculate the delta between buying and renting a home. Let’s take a look at the different options that young adults have in Boston to avoid...
Across the nation, articles bemoan the lack of real estate inventory. While typically we encourage our Boston luxury real estate clients to de-emphasize, or even disregard, national housing headlines, this year the themes locally and nationally align: a very limited...
The chart below shows an interesting flow to the pricing and deal velocity in the market over the last several years with an obvious anomalous year in 2020. It's no secret that the city was "off" during the heights of Covid-19 but what's surprising, at least from the...
To say it bluntly, the Boston luxury real estate market is far from “perfect!” Don’t blame Zillow, they’ve made vast strides to make information about the housing market easier to come by for consumers. In conjunction with Redfin and Realtor.com, these are the three...
Why Did 5 Bond Street, #1 Sell For $186,000 Over Asking Price? We must admit, it’s not ALL in the brokerage! The South End of Boston has an incredibly tight supply of turnkey condos in the $1M to $1.5M range. Knowing this, we were super conservative in our pricing...
It will come as no surprise that the runup to the spring market this year is much more optimistic than the run up to our “busy” season in 2020. For years, we have done more than 50 percent of our business between mid March and mid June. In other words, 25% of the year...
As we’ve all come to general terms with the new world we inhabit, the end of the third quarter of 2020 is a great time to look back at the year we’ve had in Boston luxury real estate. Before we look at the statistics and data that have been generated in these last 4...
Like clockwork, July 4 brings hot weather and a serious slow down in our Boston luxury real estate market. In case you hadn’t noticed, this year (2020) is different… Not on the weather front but definitely on the real estate front! We’ve made it through the month of...
