Category: Real Estate Trends

The latest from Lili about Boston Real Estate.

What’s the Best Fit: Luxury Condo or Single Family Home?

February 10, 2018 |

There was a time that single family home prices were higher than Boston luxury condos. It’s not always the case these days. Read More

Buyers Think Online First for New Home Searches

February 3, 2018 |

Gone are the days that the buyers’ primary source of property listings is the Sunday newspaper real estate section. People don’t wait anymore to let the print information arrive at their doorstep, since it’s at their fingertips in real time online. Read More

Starting the New Year with a Tight Market

January 27, 2018 |

It typically takes a couple of weeks after the first of the year for Boston luxury homes buyers / sellers to get into the mind set and start thinking of real estate. But this isn’t a typical year. Buyers and sellers are more anxious than ever in the new year, trying to buy/sell their Boston luxury real estate and move on. This ambition could be attributed to a strong economy, strong stock market and rising interest rates in the near future. Read More

Unrealistic Expectations of Out of Town Home Buyers

January 6, 2018 |

Boston luxury home buyers moving from other cities will initially be looking for the same type of property where they lived previously. So, they spend a lot of their time looking for something that does not exist. Each city has its own local neighborhoods, its own characteristics, unique architecture, etc. Read More

Strategy for Boston Luxury Real Estate Deals During the Holidays

December 16, 2017 |

Given much commotion during the holiday season, some Boston luxury homes sellers opt to take their properties off the market and put them back on after the holidays. Some of these properties may have been on the market for a while without getting enough traction. In these cases, sellers feel that it might be a good time to take a rest and be fresh on the market after a few months, hoping to generate more enthusiasm. Read More

Demand for New Full-Service Buildings

December 9, 2017 |

There’s always a special attraction for anything new in Boston luxury real estate. Once there’s a buzz around the construction of a new luxury tower, it not only attracts buyers from near and afar, but also it attracts buyers from other luxury buildings that are older by only a few years. Read More

Don't Be Insulted if You're Asked to Demonstrate Proof of Funds

December 2, 2017 |

With low inventory, more and more Boston luxury real estate buyers are making offers with no financing contingency. Although, some of these buyers may still be financing the home purchase, they are confident enough that they don’t need to make the offer contingent on financing. Read More

Reacting to a Tight Luxury Market

November 18, 2017 |

As we all know the inventory in the Boston luxury real estate market has been limited for quite some time. This has been frustrating for those who are in the market and ready to buy, but can’t find what the Boston luxury home they’re looking for. This is becoming a major issue, and that’s why their brokers try to get creative and come up with Boston luxury real estate properties that are not on the market. And many times, the sellers have no intention of selling. Read More

The Holidays are a Deal Making Season

November 11, 2017 |

The super active fall months for the Boston luxury real estate market get less active as we move into holiday season. Buyers and sellers are less focused on Boston luxury homes and get distracted by longer to-do lists, like the rest of us. However, real estate transactions still do take place. Read More

Unique Boston Luxury Properties

November 4, 2017 |

Recently, I came across Boston luxury homes buyers who wanted to purchase a gorgeous property in a luxury building, but the price exceeded anything else sold in the building to date. We are seeing this type of scenario, especially in a tight market when unique properties are being marketed or sold over and beyond any comparables ever sold in the building...or in Boston overall. Read More

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