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Cash Deals in Massachusetts

So far this year one third of the homes purchased in Massachusetts were bought in cash-- mortgage free. In an economy that is known for its down market- why are we seeing this? Possibly because the only people who have enough assets to buy in this economy are the ones who would buy in cash anyway? Or maybe it's a reaction to the new, firm, [...]

691 Massachusetts Avenue

This is just to inform you of a gorgeous new development in the South End at 691 Mass Ave! The finishes are stylish and very high end and the prices are very affordable! There are 1, 1+ and 2 bedroom homes available. Indoor and outdoor parking is also available for purchase. More details can be found at [...]

Saving for a Down Payment

Piggy backing on the most recent post, I would like to discuss with you the first step to buying, when you do decide that the time is right for you. If you are like most people, you won't have 10-20% of the price of a home sitting in cash in your savings account, especially when you are a first time home buyer without any substantial [...]

Thinking of Buying?

September 1st is a BIG day in the Boston rental market. Everyone is moving out and in and the streets are crowded with moving trucks. If you resigned you lease and you are going to be paying rent on the same unit for another year, you might be thinking to yourself right now that maybe it's time to actually buy something. What is the [...]

Hurricane Irene Hits Home

This photo, submitted to Boston.com by John Harrington, in evidence that Irene was very present in the Back Bay. I hope that everyone who has been affected by the hurricane is recovering well. The first death in Massachusetts caused by the storm was reported this morning. Our thoughts go out to his family. It will be a team effort to [...]

483 Beacon Street

Almost a year and a half ago, the converted Hotel Cambridge located at 483 Beacon Street suffered from a massive, 9-alarm fire. This hotel building was designed and built by Willard Thomas Sears in 1898. The historic monument in Boston's Back Bay was redone in 1985 and the converted hotel now houses 69 residential units. The renovations [...]

Thinking of Renting your Home?

We all know the current state of the real estate market. If you have been following this blog, or if you have been following Boston Real Estate anywhere, then you are aware that the Boston rental market is through the roof, and people just aren't buying (and therefore people aren't selling). The sales are tricky right [...]

Bike-Sharing in Boston

I was walking to the bank this morning past Government Center, and was astonished to see rows and rows of brand new New Balance bikes parked outside of City Hall. It was certainly a curious sight to see, so I made a mental note to look it up when I got home. Apparently, I am just behind the times because residents of Boston have been [...]

Navagating Boston's Rental Market

The vacancy rate in rental units is down lower than it has been in the Boston area since the end of 2002.

"Boston-area rents are hitting new heights - with the median price recently reaching $1,665 a month" (source). Perspective-tenants are scrambling to find affordable places for September 1st. We hear stories of some landlords taking [...]

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