Common Mistakes Sellers Make
May 19, 2012Selling and buying Boston luxury condos is an emotional process. At the same time, it is a business transaction and sellers shouldn’t lose sight of that fact. Sellers have to price their homes for sale in Boston carefully. An experienced agent will provide comparable sales data. Based on the competition and the history of comparable units, the agent will suggest a fair selling price and it is to the seller’s best interest to listen to the advice of the professional agent. Read More
It’s the Era of Multiple Offers and Bidding Wars
April 28, 2012As the economy gets stronger and buyers are getting more confident, the demand on properties has heated up. In the best Boston neighborhoods, like Back Bay, Beacon Hill, South End and the Waterfront, there is a higher demand and shortage of inventory. This leads to multiple bids on properties. Read More
What to Look for at Open Houses This Spring
April 7, 2012Once again, the market is extremely active, and sales of single family homes and luxury condos Boston have increased noticeably. Although the Boston luxury real estate market didn’t really slow down due to the economy, I’m seeing multiple offers per property for the first time in years. Read More
Be Realistic When Searching for Boston Luxury Homes
March 31, 2012All buyers have a wish list. Some are location driven, with a desire to live in the best Boston neighborhoods like Back Bay, Beacon Hill, South End, North End/Waterfront or other specific areas. Some are more focused on the living space rather than the area and look for unique architecture or custom cabinetry. All buyers must think about what they want in their Boston luxury homes: number of bedrooms, baths, outdoor space, parking, renovated/un-renovated, elevator (or walk-up), full service buildings, brownstones vs. high rises, types of amenities and the list goes on and on... Read More
Selecting the Right Boston Luxury Real Estate Agent
March 24, 2012You should find someone you generally like and can trust, and someone with the key connections that will benefit you. There are many facets to finding an agent. Buyers/sellers new to the Boston luxury real estate market often begin looking at ads or searching online to interview multiple agents, until they connect with someone who is helpful, experienced, and knowledgeable. Other times, referrals and recommendations come from friends or colleagues. In some cases, brokers are chosen based solely on visibility or fame, regardless of their customer service. Individual attention is of utmost importance that many buyers and sellers fail to take into serious consideration. Read More
The Market Pulse: Buyer’s Remorse
March 17, 2012Most buyers are still nervous about jumping back into the Boston luxury real estate market after the recent economic downturn. Although metro Boston was not really affected by a depressed economy, many buyers have a different notion, especially those coming from the suburbs. Buyers who have been around looking at homes in Boston and expecting “deals” are realizing that rock bottom prices are not realistic in the city, especially high-end listings. Read More
Make Your Boston Luxury Homes Kitchen-Centric
February 25, 2012As I always say, “kitchens sell the property!” Pricing right is key, but it’s usually the kitchen that ultimately sells the property. In many cases, this room will be the deciding factor for clients who buy condos in Boston. Generally, Boston luxury homes already have magnificent kitchens, so make sure your kitchen is up-to-date if you’re putting your home on the market. Read More
Boston’s Luxury Rental Market is Soaring
February 11, 2012Once again, we are back to discussing how insane and busy the rental market is. No matter what Boston neighborhood you’re talking about, prices are up and inventory is down. For some background, check out my post last summer about the rental market becoming increasingly competitive. Read More
New Year, New Housing Market
January 7, 2012The real estate market is definitely showing signs of recovery in many parts of the country. And this is certainly the case for Boston luxury real estate, although the local market has remained fairly stable compared to the rest of the country. There is evidence of even healthier activity in the Boston luxury real estate market, especially in the last couple of months. There’s much more optimism – from buyers, sellers and real estate agents. Buyers are beginning to look more seriously and aren’t timid about making offers. Many have been on the sidelines for over a year, unsure about the future of Boston homes, and are now more encouraged by the uptick in local sales and growing prices of Boston homes. In some cases and in certain price ranges, I’ve been seeing multiple offers on a single property. The holidays have not kept buyers away! Read More
Boston Luxury Real Estate in 2011
December 31, 2011As the year comes to a close, everyone is taking the time to reflect on the ‘best of’ moments in 2011. The Boston luxury real estate market had a strong year compared to other markets, and I foresee better news in 2012. Boston remains one of the stronger US markets and will continue to be a solid investment. Read More