Category: Real Estate Trends

The latest from Lili about Boston Real Estate.

State of the Art, Lavish Living in Boston

November 12, 2011 |

The city of Boston recently provided $50M to support infrastructure on the Waterfront at Fan Pier, encouraging investors to further develop the area and cultivate projects for luxury, state of the art projects. Waterside Place is slated to begin construction this spring, adding 326 apartment units to the Waterfront area and prompting other retail, restaurant, and office building development.  As these homes in Boston are being built, the question that comes up is “who are the buyers?” Read More

Benefits of Living in a Boston High Rise

November 5, 2011 |

There was a time that two categories of people would generally live in a full service, high rise building: singles and empty nesters. However, this has changed drastically in Boston luxury real estate. Read More

More Buyers Pay Cash for Boston Homes

October 22, 2011 |

Due to increasing government regulations, the banks have more guidelines set before them when reviewing mortgage applications. The demands and paperwork  are tedious and endless. This, in turn, makes the process more difficult for buyers and sellers in the marketplace.  Read More

Pricing Your Home to Sell: Do not Overprice

October 8, 2011 |

Whether we are in a bear or bull market, it is essential that properties are priced right in order to sell. Buyers are very savvy and market educated, considering the unlimited access to luxury real estate information nowadays. Sellers, some of whom bought high, must be more realistic in dealing in the Boston luxury real estate market and practical about the sales data, especially if they have done extensive renovation. Read More

Shopping Long Distance for a Boston Luxury Home

October 1, 2011 |

It’s hard to imagine life without the Internet – it’s a valuable tool that puts endless information at our fingertips. It makes our lives easier and helps us lay the groundwork for real estate buying and selling. There are even mobile apps designed to facilitate your Boston luxury home search.   Read More

How to Find the Right Real Estate Agent

September 17, 2011 |

It’s always to the buyer’s and seller’s advantage to work with an experienced real estate agent. Granted, you hear stories about “for sale by owner” listings or buying directly from a seller thinking that you can save a few dollars on the broker’s commission. But what you usually do NOT hear about are all the horror stories of these ‘direct transactions’ and the possible problems that come with them. You may save some money in the short term, but it’s in your best interest to work with an agent who knows what they’re doing and can help guide you through the process. Read More

Advice on Hiring a Boston Contractor

September 3, 2011 |

In the current real estate market, homeowners are adding value to their property by constructing additions, such as decks and balconies; or by reconfiguring and redesigning their living space, like remodeling kitchens and baths. The redesign doesn’t have to be drastic, but small touch-ups can have a big impact on the resale price. It's amazing what a fresh coat of paint can do to update your home. Read More

Record Breaking July Home Sales in Mass.

August 24, 2011 |

Not only did Boston experience an earthquake yesterday (bizarre!), but July home sales reports were released. Last month marked the first time in six months that single-family home sales have increased since January. The increased stability of the statewide market will further strengthen Boston luxury real estate. Read More

4 Predictions for the Boston Luxury Real Estate Market this Fall

August 20, 2011 |

Does anyone dare to predict what will happen this fall? We have been on a financially shaky roller coaster for so long and, considering the recent stock market plunge, it is a nightmare to start speculating any kind of a real estate forecast. But it’s important to try and see things logically - connecting the dots by looking at historical real estate patterns in a down economy. Here are my four predictions for the Boston luxury real estate market this fall: Read More

Advice for Empty Nesters – Sell in a Buyer’s Market?

August 16, 2011 |

Many parents who no longer need the extra bedrooms for their grown children are torn about selling their Boston home in a buyer's market. Should they wait for the market to rebound...and how long will that take? Or should they lower their asking price to match comp sales? Read More

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