Considering a September 1st move? Rent increasing next year? Don’t understand why apartment buildings, management companies and individual owners are not offering lower rates or negotiating as much as they did last year?
According to the National Multi Housing Council’s Quarterly Report released May 7th, the “Market Tightness Index” has nearly doubled nationwide, explaining the easement of pressure on those responsible for renting out apartments here in Boston. This index measures the change in occupancy rates and/or rents in the market. As the index number increases, so do rental rates, …
Read the full story »url=’http://www.bostoncondoblog.com/2010/07/23/buying-in-the-boston-area-for-under-300000/’;size=’small’;username=’bostonRE’;So the question is this: Is it possible, to find a nice condo in the Boston area for less than $300,000? As your budget decreases, the number of sacrifices you will have to make will increase. It’s a “give-and-take” situation. So as long as you keep an open mind, and know that you will have to give something up to pay what you’d like, we think it is possible! Take a look at what we consider to be some of the top 10 condos in and around Boston for less …
url=’http://www.bostoncondoblog.com/2010/05/12/boston-is-fortunate/’;size=’small’;username=’bostonRE’;Boston. Is. Fortunate. Repeat after me. Boston IS fortunate.
We are all overly aware that the real estate market is not what it used to be. Since 2006 we have seen a constant decline in home prices throughout the U.S., some cities such as Las Vegas, have even seen over a 55% decline in home values. But again let me say, Boston. Is. Fortunate. Take a look at the graph below:
As you can see above, Boston has remained reasonably strong in comparison to most of the country’s larger cities. Facing a 15% decline from …
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Boston Condo Blog has laid dormant since late February and it’s time to put an end to that! Now that the first-time home buyer tax credit has expired, new foreclosure-avoidance programs are being announced and the Spring market upon us, you deserve the Boston Condo Blog, your real estate resource, to be on our toes and feeding the information you are hungry for. Extremely knowledgeable and seasoned Boston real estate agent, Betsy Wagner of the Warren Residential Group, will be doing just that.
Over the next few months, be prepared to …
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The famed Abbey Road studios which served as an icon for the Beatles‘ album of the same name has been put up for sale by EMI.
The asking price is unknown but experts are estimating the building is worth around $20 million!
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Is this a sign that the economy and market have bounced back? Within 1 month’s time several multi-million dollar properties have been sold and gone under agreement. Many condos that have been on the market for quite some time have suddenly been picked up, such as Zero Marlborough #6 as well as 96 Beacon #3. The sale of 96 Beacon will complete sales of all 4 units in the boutique luxury building.
All obviously beautiful homes ranging in price from 3.5 – 12.5 million…yes a big big one …