Buying a Boston Luxury Home Directly
June 21, 2014The shortage of property supply in the Boston luxury real estate marketplace has created over eager buyers that are desperate, for lack of a better word, to find a home to buy. Buyers and their real estate agents are getting creative in searching for Boston luxury homes. Read More
Bigger Boston Luxury Homes and More Square Footage Are Better Yet Again?
June 14, 2014Oh yes! Now that the recession over, the idea of downsizing has completely gone out the window. Boston luxury real estate buyers are looking for larger spaces and more elbow room. Needless to say that they don’t mind paying more either. Read More
Boston Luxury Real Estate: Townhouses
June 7, 2014With Boston luxury home prices on the rise with a vengeance and the shortage of inventory, buyers feeling financially more confident, are beginning to look at larger condos. However, they’re not finding a condo that suits their wish list, so they have broadened their Boston luxury real estate search to include townhouses and single family homes. They are learning that, in some cases, they can buy a townhouse for the same amount of money than a 3 bedroom condo. So why not buy a townhouse instead! Read More
Boston Luxury Real Estate Buyers Experience Sticker Shock
May 31, 2014With rising Boston luxury home prices, buyers are finding it increasingly challenging to find the right home at a reasonable, affordable price. The reality is that the Boston luxury real estate market is changing, whether it’s temporary or not, and sellers and buyers need to adjust accordingly. Read More
Over Pricing of the Boston Luxury Real Estate Market
May 17, 2014We are beginning to see price reductions in high end condos and single family homes that were put on the market months ago and not sold. These Boston luxury homes were obviously priced by either over eager brokers or unrealistic sellers hoping to bank on shortage of inventory. Read More
Demand for Larger Boston Luxury Real Estate Units
April 19, 2014With a stronger residential real estate market in general, Boston is seeing higher demand for larger condo units. Families living in Boston want to stay in the city and don’t necessarily want vertical living. Read More
Boston Luxury Real Estate Prices in the Suburbs
April 5, 2014Prices of Boston luxury real estate homes did not suffer much during the economic downturn. However, the suburban real estate market took a nose dive, even in the more affluent suburbs like Wellesley, Weston and Concord, etc. Properties in Weston or Wellesley that commanded prices well above $15M were reducing asking price to historical lows. For example, a Boston luxury home in Wellesley was reduced from $14.5M to $9.5M, and we are seeing more drastic reductions in Weston. Read More
Demand for Larger Boston Luxury Real Estate Condo Units is Increasing
March 29, 2014There were times that only a certain segment of the population would live in Boston luxury condos and apartments, but that certainly has changed. Condo or apartment dwelling was popular among very young or very old, but condos are in much higher demand for a wide range of buyers, including families now. Read More
When to Put Your Boston Luxury Home on the Market and Price to Sell
March 15, 2014If you’re thinking of putting your Boston luxury home on the market, don’t wait too long or you may miss a very strong seller’s market. Granted, home prices are going up now, but it does not necessarily mean that they will stay up. Once the Boston luxury real estate market adjusts itself and housing supply increases, sell prices will stabilize accordingly. Read More
What You Need to Know About a Mortgage Before Buying a Boston Luxury Home
February 22, 2014First time home buyers often have questions about loans and other issues related to Boston luxury real estate dealings. More seasoned buyers understand what it means to apply for a mortgage and common real estate concepts involved in making an offer. Read More