Our good friend at JPMorganChase, Brian Cavanaugh, just emailed us an article from CNNMoney.com which was about how home prices have plummeted to a new record.  It stated that national prices feel 15.4% in the past 12 months according to the latest S&P/Case-Shiller national home price index report!

We thought to ourselves, wow…this is not good news!  But then I did a little more reading and found that there were a couple of exceptions, Boston being one of them. It went on to say “Denver and Boston were winners for the month, with home prices climbing 1.5% and 1.2% respectively.  Both of these markets have had three consecutive moths of higher prices.  Charlotte and Dallas, both up 1%, have recorded four straight months of gains.”

Even with some of the worst hit neighborhoods such as Dorchester and Roxbury lumped into the Boston total we still reported a gain over the past 3 months.  That’s amazing in a market where oil is sky high, the stock market has gone down the tubes, and gas prices are higher than they have ever been!

It is information like this that helps us provide great service to buyers, renters, and sellers.  Please feel free to contact us at the Warren Residential Group anytime at contact@warrenre.com or 617-848-9616 with any questions or if you would like to hear how we could help you with your next Boston real estate transaction!

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The Warren Residential Group is pleased to release two brand new units available for rent at the Seaport’s newest luxury loft development, FP3 Lofts.

$3800 – 1 Bedroom, 1.5 Bathrooms

• 816 sq. ft.
• 300 sq. ft. private terrace with Boston skyline views!
• Teak patio furniture
• Lynx gas grill on patio
• Sliding glass door and window to patio will be decorated with Lutron automated shades which will be motorized to move up or down
• Kitchen’s feature Arclinea designed cabinetry, Silestone countertops, Kitchen Aid, Whirlpool, and Bosch stainless steel appliances
• Glass shower with beautiful mosaic tile
• In unit Bosch washer/dryer
• 2 Plasma TVs included
• 12 hour/day concierge 7 days a week
• 3 Barbara Lynch restaurants will be opening in the retail portion of the building very soon which FP3 residents will be provided with in home dining

$4800 – 2 Bedroom, 2 Bathroom

• 1082 sq. ft.
• 300 sq. ft. private terrace with Boston skyline views!
• Teak patio furniture
• Lynx gas grill on patio
• Sliding glass door and window to patio will be decorated with Lutron automated shades which will be motorized to move up or down
• Kitchen’s feature Arclinea designed cabinetry, Silestone countertops, Kitchen Aid, Whirlpool, and Bosch stainless steel appliances
• Glass shower with beautiful mosaic tile
• Second bathroom features a full soaking tub and beautiful tile
• In unit Bosch washer/dryer
• 2 Plasma TVs included
• 12 hour/day concierge 7 days a week
• 3 Barbara Lynch restaurants will be opening in the retail portion of the building very soon which FP3 residents will be provided with in home dining

Please call a Warren Residential Group agent today at 617-848-9616 ext. 2 or email us at rentals@warrenre.com to setup a showing or for more information!

Boston homes are well known for beautiful architecture and the quaint neighborhoods they are in but sometimes I feel it lacks a little “over-the-topness” (I know that isn’t a real word) that other cities like NYC and LA have. While I really appreciate the history and everything that goes along with it, I like to see something a little different thrown in every once in a while. Well, my prayers have been answered. Let me introduce you to 74 Beacon Street, a new luxury single family renovation overlooking the Boston Public Gardens.

This home features:

• Almost 8500 sq. ft. of living space
• An INFINITY EDGE ROOF TOP LAP POOL!!
• Gym
• Wine Cellar
• Water purification system for the entire house
• Smart House technology
• 6 Bedrooms
• 6 Full Bathrooms
• Parking
• and more!

Peter Georgantas of PEG properties has completed the renovations of 74 Beacon and has truly created a masterpiece. No expense was spared with it’s 6 cooling zones and 30 zones of radiant heat. The whole house has Smart House technology and also an entire house water purification system. There are multiple outdoor spaces including the roof top deck with private heated infinity edge pool overlooking the park. Jon Neale has listed the property at $14,950,000 and has provided the pictures seen here. Call Nicholas Warren of the Warren Residential Group at 617-848-9616 ext. 2 if you would like to setup a discrete tour of the property.