Friday, 31 July 2020

California Pizza Kitchen has filed for bankruptcy

Boston Condos for Sale A chain of pizza spots with five locations in the Greater Boston area is in financial trouble. According to Patrick Maguire of Maguire Promotions & Hospitality Consulting, California Pizza Kitchen has filed for bankruptcy, with an article from the restaurantbusinessonline.com site saying that the chain is “facing months of unpaid leases” and has a “dwindling […]

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source https://www.bostonreb.com/california-pizza-kitchen-has-filed-for-bankruptcy/#utm_source=rss&utm_medium=rss&utm_campaign=california-pizza-kitchen-has-filed-for-bankruptcy

Coldwell Banker, Sotheby’s and C21: Facing major losses

Boston Condos for Sale Realogy owner of Coldwell Banker, Sotheby’s, and Century 21 among other real estate franchises, profits plunged during the second quarter after coronavirus slowed home sales across the country. Realogy reported a $14 million loss during the quarter — a huge drop from $69 million in profits during the same period last […]

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source https://www.bostonreb.com/coldwell-banker-sothebys-and-c21-facing-major-losses/#utm_source=rss&utm_medium=rss&utm_campaign=coldwell-banker-sothebys-and-c21-facing-major-losses

Redfin reports $6.6M loss 2nd Q 2020

Boston Condos for Sale Redfin’s second quarter wasn’t quite as terrible as the national brokerage and listings site had projected. The Seattle-based residential firm logged a net loss of $6.6 million in the second quarter of 2020 instead of the $21 to $26 million in losses it anticipated. Redfin also reported $214 million in revenue, […]

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source https://www.bostonreb.com/redfin-reports-6-6m-loss-2nd-q-2020/#utm_source=rss&utm_medium=rss&utm_campaign=redfin-reports-6-6m-loss-2nd-q-2020

Compass-Keller Williams Merger?

Boston Condos for Sale I don’t have any insider info on the rumored Compass/Keller Williams merger. Drop me a line if you have any information at realtyford@yahoo.com. Thanks Read more here Boston Condos for Sale

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source https://www.bostonreb.com/compass-keller-williams-merger/#utm_source=rss&utm_medium=rss&utm_campaign=compass-keller-williams-merger

Here comes the foreclosure tsunami?

Boston Condos for Sale One of our readers sent me an article about promoting a foreclosure scare due to the pandemic. I don’t see it. But it is worth noting because it could become a self-fulfilling prophecy just due to the lack of a counter-argument being published at large. This article is quick to point out […]

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source https://www.bostonreb.com/here-comes-the-foreclosure-tsunami/#utm_source=rss&utm_medium=rss&utm_campaign=here-comes-the-foreclosure-tsunami

Real Estate: Housing predictions

Boston Condos for Sale Boston Condos for Sale

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Thursday, 30 July 2020

Appraisal problems

Boston Condos for Sale Rona has an interesting post on the crazy appraisal market out there. But there seems to be one missing component in the final analysis: Sellers who have overly high expectations about prices. Whether as a buyer, seller, or appraiser, what are you seeing out there in the appraisal market? It seems […]

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source https://www.bostonreb.com/appraisal-problems/#utm_source=rss&utm_medium=rss&utm_campaign=appraisal-problems

Millennials are moving out of Boston

Boston Condos for Sale Not Just Downtown Boston One-quarter of homebuyers say they’re planning to move from their current residence, with many saying the COVID-19 pandemic has convinced them to relocate to smaller towns and cities. Redfin reported last week that its database of more than one million house hunters shows that a record 27% are looking […]

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source https://www.bostonreb.com/millennials-are-moving-out-of-boston/#utm_source=rss&utm_medium=rss&utm_campaign=millennials-are-moving-out-of-boston

Boston Beacon Hill Apartments for rent over 100 listings – oops over 200

Updated: Boston Beacon Hill Apartments for rent over 100 listings – Today over 200 On May 3, 2020, we had 112 Beacon Hill apartments for rent. As of today’s date July 6, 2020, we have 231 Beacon Hill vacant apartments for rent for September 1, 2020. And the numbers keep growing with no end in […]

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source https://www.bostonreb.com/boston-beacon-hill-apartments-for-rent-starting-november-december-2019/#utm_source=rss&utm_medium=rss&utm_campaign=boston-beacon-hill-apartments-for-rent-starting-november-december-2019

Target Store to Open in Beacon Hill

Boston Condos for Sale Target has plans to open an approximately 11,000-square-foot store in Beacon Hill on September 15, 2020 The location, slated for 100 Cambridge St., will be notably smaller than the retailer’s standard, big-box stores — one of the dozens of the “small-format” stores that it intends to roll out across the country. […]

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source https://www.bostonreb.com/target-store-to-open-in-beacon-hill/#utm_source=rss&utm_medium=rss&utm_campaign=target-store-to-open-in-beacon-hill

Why are young adults moving out of downtown Boston?

As remote work continues on for many businesses and downtown Boston residents weigh the risks of being in densely populated areas, will more people start to move out of downtown Boston condos? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows […]

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source https://www.bostonreb.com/why-are-young-adults-moving-out-of-downtown-boston/#utm_source=rss&utm_medium=rss&utm_campaign=why-are-young-adults-moving-out-of-downtown-boston

Beacon Hill Condos Last Months Stats

Boston Real Estate As the Boston Real Estate market begins to reopen, many eager buyers and sellers are reentering the competitive Beacon Hill condo market. Although we did continue to feel the effects of the ongoing global health crisis this July, we also made some fantastic gains. These signs of recovery are great news for anyone looking […]

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source https://www.bostonreb.com/beacon-hill-condos-last-months-stats/#utm_source=rss&utm_medium=rss&utm_campaign=beacon-hill-condos-last-months-stats

Boston Seaport Condos – Sales Stats

Boston Condos for Sale The Coronavirus and its impact on Seaport condos for sale Despite the ongoing pandemic, investing in Boston real estate remains a sound financial decision. And if you’re thinking about buying or selling soon, our agents are here to help you through every step of the process. The Ford Realty Team’s dedicated […]

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source https://www.bostonreb.com/boston-seaport-condos-sales-stats/#utm_source=rss&utm_medium=rss&utm_campaign=boston-seaport-condos-sales-stats

Boston condos for sale: North End sold stats 2020

Boston Condos for Sale Despite the ongoing pandemic, investing in Boston real estate remains a sound financial decision. And if you’re thinking about buying or selling soon, our agents are here to help you through every step of the process. The Ford Realty Team’s dedicated experts can provide personalized selling and buying advice, the latest sales […]

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source https://www.bostonreb.com/boston-condos-for-sale-north-end-sold-stats-january-2019/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condos-for-sale-north-end-sold-stats-january-2019

Is a Boston real estate broker needed to sell a downtown condo?

Boston Condos for Sale Here’s a listing sheet. Here’s a video you saw on YouTube once. Here are some instructions you read on Quora… Okay, how hard can it be to sell a Boston condo? Actually, it might be very hard. Actually, expertise has value. Actually, just because someone said it on the internet doesn’t mean it’s […]

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source https://www.bostonreb.com/is-a-boston-real-estate-broker-needed-to-sell-a-downtown-condo/#utm_source=rss&utm_medium=rss&utm_campaign=is-a-boston-real-estate-broker-needed-to-sell-a-downtown-condo

Wednesday, 29 July 2020

Boston downtown real estate: How to sell your Boston condos for sale fast

Boston Condos for Sale The coronavirus pandemic has arguably affected all business sectors. We are no longer sure about the future, and we can’t predict changes in the Boston real estate market. However, from the little knowledge and experience that we do have, we can admit that while it’s not easy to sell a property […]

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source https://www.bostonreb.com/boston-downtown-real-estate-best-boston-condos-for-sale-sell-fast/#utm_source=rss&utm_medium=rss&utm_campaign=boston-downtown-real-estate-best-boston-condos-for-sale-sell-fast

Profile of a Real Estate Broker/Agent

Boston Condos for Sale Every year the National Association of Realtors publishes statistics about its membership. In this year’s report, It appears that the median age went from 54 to 55 in the last year and the percentage of women REALTORS went from 67% to 64%. Most people may not know that there are more […]

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source https://www.bostonreb.com/profile-of-a-real-estate-broker-agent/#utm_source=rss&utm_medium=rss&utm_campaign=profile-of-a-real-estate-broker-agent

S&P CoreLogic Case-Shiller U.S. National Home Price Index.

Boston Condos for Sale From CNBC: Nationally, prices rose 4.5% annually in May, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. That is down from the 4.6% gain in April. Home prices in the 10-city composite increased 3.1% annually, down from 3.3% in the previous month. The 20-city composite rose 3.7% year […]

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source https://www.bostonreb.com/sp-corelogic-case-shiller-u-s-national-home-price-index/#utm_source=rss&utm_medium=rss&utm_campaign=sp-corelogic-case-shiller-u-s-national-home-price-index

Boston Real Estate: Homeownership on the Rise

Boston Condos for Sale So far, it’s been quite a ride this year, and the Boston real estate market has truly seen its fair share of hurdles. From COVID-19 to Massachusetts having the highest unemployment in the nation, just to name a few. Boston Real Estate 2nd Quarter The second quarter of 2020 has had […]

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source https://www.bostonreb.com/boston-real-estate-homeownership-on-the-rise/#utm_source=rss&utm_medium=rss&utm_campaign=boston-real-estate-homeownership-on-the-rise

COVID-19 Cleaning Your Boston Condo

Boston Condos for Sale How should you be using disinfectant products? The EPA is committed to identifying new tools and providing accurate and up-to-date information to help the American public protect themselves and their families from the novel coronavirus. EPA Administrator Andrew Wheeler said in a statement on the EPA website. “EPA’s review of products […]

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source https://www.bostonreb.com/spring-cleaning-your-boston-condo/#utm_source=rss&utm_medium=rss&utm_campaign=spring-cleaning-your-boston-condo

Tuesday, 28 July 2020

How was this crowded party boat in Boston Harbor allowed?

Boston Condos for Sale NBC Boston reports the state and the Boston Public Health Commission have ordered the Bay State Cruise Co. to stop running harbor cruises after former state Rep. Marty Walz posted a photo of the company’s Provincetown II with the top deck crammed with people, many without masks on. Boston Condos for Sale

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source https://www.bostonreb.com/how-is-this-crowded-party-boat-in-boston-harbor-allowed/#utm_source=rss&utm_medium=rss&utm_campaign=how-is-this-crowded-party-boat-in-boston-harbor-allowed

A Boston Black Couple Claims They Were Racially Profiled By a Real Estate Agent

Boston Condos for Sale A Boston Black Couple Claims They Were Racially Profiled By a Real Estate Agent  A Boston couple claims they were racially discriminated by a South Shore real estate agent during an open house event. “I didn’t know what to think, I’ve never had anyone treat me like this before,” Robyn Thompson […]

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source https://www.bostonreb.com/a-boston-black-couple-claims-they-were-racially-profiled-by-a-real-estate-agent/#utm_source=rss&utm_medium=rss&utm_campaign=a-boston-black-couple-claims-they-were-racially-profiled-by-a-real-estate-agent

NAR happy talk is back

Boston Condos for Sale  In the video below housing economist Matthew Gardner discusses June 2020 national home sales numbers. The big takeaway, after a massive drop in real estate sales in April and May of this year, we saw a significant snap back in June.   SEARCH BOSTON CONDOS FOR SALE Back Bay Boston condos […]

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source https://www.bostonreb.com/nar-happy-talk-is-back/#utm_source=rss&utm_medium=rss&utm_campaign=nar-happy-talk-is-back

DavidsTea Closes All Retail Locations in the United States

Boston Condos for Sale DavidsTea Closes All Retail Locations in the United States The Canadian tea company is closing all of its stores in the United States–including those in the Greater Boston area–as COVID-19 continues the create havoc in the service industry. Eater Boston is reporting that DavidsTea it shutting down all 42 locations in this […]

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source https://www.bostonreb.com/davidstea-closes-all-retail-locations-in-the-united-states/#utm_source=rss&utm_medium=rss&utm_campaign=davidstea-closes-all-retail-locations-in-the-united-states

Your first steps in buying a Boston condo

Boston Condos for Sale In June 2020, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the […]

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source https://www.bostonreb.com/your-first-step-in-buying-a-boston-condo/#utm_source=rss&utm_medium=rss&utm_campaign=your-first-step-in-buying-a-boston-condo

Monday, 27 July 2020

Where are the Boston renters?

Boston Condos for Rent The one thing that seems to be missing in the current Boston real estate market is Boston renters. The following is a breakdown of current apartments for rent, in Beacon Hill for September 1st: Beacon Hill – 100 apartments avail in 2018 today there are 275 apartments for rent. Is Boston […]

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source https://www.bostonreb.com/where-are-the-boston-renters-2/#utm_source=rss&utm_medium=rss&utm_campaign=where-are-the-boston-renters-2

The shower is in my ktichen? No wonder the rent is so cheap

Boston Condos for Rent 114 Walton St. A studio for $1,650 sounds like a real estate dream come true. That is if you don’t mind showering in your kitchen.   Beacon Hill apartments can be small and not very practical. But a least I didn’t see this yet. Shower in the kitchen Boston Condos for Rent

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source https://www.bostonreb.com/the-shower-is-in-my-ktichen-no-wonder-the-rent-is-so-cheap/#utm_source=rss&utm_medium=rss&utm_campaign=the-shower-is-in-my-ktichen-no-wonder-the-rent-is-so-cheap

Realtor.com expanding its reach

Boston Real Estate for Sale Even as rivals rushed into iBuying, Realtor.com resisted the home-buying craze. Until now. The listings portal said last week that it is launching a seller’s marketplace, where sellers can request offers from Opendoor, EasyKnock, HomeGo, and WeBuyHouses.com instead of listing directly on MLS and the open market. While Realtor.com, which is owned […]

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source https://www.bostonreb.com/realtor-com-expanding-its-reach/#utm_source=rss&utm_medium=rss&utm_campaign=realtor-com-expanding-its-reach

Boston Condo Buyers

Boston Real Estate for Sale COVID-19 has slowed the Boston real estate market down, but things can still move quickly when it comes to making an offer on a Boston condo for sale. That’s why it’s critical that you and your agent review all the property details before you sign that contract. The key to […]

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source https://www.bostonreb.com/boston-condo-buyers-2/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condo-buyers-2

Charles River Park Condo Sales Data Current Information 2020

Charles River Park Condo Sales Cata – Current  Data Last 30-Days As the Boston real estate market begins to reopen, many eager  Charles River Park condos buyers and Boston West End condos sellers are reentering the competitive Boston condo market. Although we did continue to feel the effects of the ongoing global health crisis this […]

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source https://www.bostonreb.com/charles-river-park-condo-sales-data-jan-2019-thru-may-2019/#utm_source=rss&utm_medium=rss&utm_campaign=charles-river-park-condo-sales-data-jan-2019-thru-may-2019

Boston Real Estate: Buyers are searching for Boston condos for sale

If you take some time to browse a few local Boston condo for sale websites you might come away with the impression that buying a Beacon Hill condo or Midtown high rise condominium in this market is easy. For example, one local real estate website says they make buying “easy and comfortable”. And another says […]

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source https://www.bostonreb.com/boston-real-estate-buyers-are-searching-for-boston-condos-for-sale/#utm_source=rss&utm_medium=rss&utm_campaign=boston-real-estate-buyers-are-searching-for-boston-condos-for-sale

Boston Seaport Condos: Data for 2020

Boston Real Estate for Sale Boston Seaport Condos: Data for 2020 With a prime location and luxury listings, the Boston Seaport boasts one of the most active condominium markets in the city. If you’re looking whether it’s buying, selling, or investing — it’s vital to understand the latest trends in the Seaport Seaport Condos and […]

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source https://www.bostonreb.com/boston-seaport-condos-data-for-2019/#utm_source=rss&utm_medium=rss&utm_campaign=boston-seaport-condos-data-for-2019

Boston condos for sale: What’s going on with the market

Boston condos for sale The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: […]

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source https://www.bostonreb.com/boston-condos-for-sale-whats-going-on-with-the-market/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condos-for-sale-whats-going-on-with-the-market

Sunday, 26 July 2020

Boston Real Estate Tech Disruptors: Why Aren’t They Working?

Boston Real Estate for Sale For every tech platform that sets out to disrupt the Boston real estate market, there’s a story of slow evolution to working with brokers and agents. And while companies like Zillow, Opendoor, and Offerpad have brought about minor changes to the home buying process, they always end up morphing into […]

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source https://www.bostonreb.com/boston-real-estate-tech-disruptors-why-arent-they-working/#utm_source=rss&utm_medium=rss&utm_campaign=boston-real-estate-tech-disruptors-why-arent-they-working

Another Landmark Lost

Boston Real Estate for Sale Click on the link below. Another landmark lost due to COVID-19  

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Saturday, 25 July 2020

New Boston Beacon Hill condos and apartments 2020 and coping with the Coronavirus

Beacon Hill real estate market is seeing another demand-side factor disappear – international students. The data shows international student permit holders admitted, made a sharp decline in Q2 2020. The decline will continue into the fall, or drop further, as the government warns students may not be admitted due to the pandemic. Americal typically has […]

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source https://www.bostonreb.com/new-boston-condos-and-apartments-as-of-81314/#utm_source=rss&utm_medium=rss&utm_campaign=new-boston-condos-and-apartments-as-of-81314

First time home buyers find it tough to buy in Beacon Hill – Help is on the Way

Boston Real Estate for Sale Boston Condo first-time homebuyers to withdraw funds, tax-free, from their retirement accounts under the umbrella of coronavirus-related distributions. The funds could then be used towards a down payment on a new home, helping more people to attain homeownership, Rep. Maloney said. The National Association of Realtors said this week the […]

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source https://www.bostonreb.com/first-time-home-buyers-find-it-tough-to-buy-in-beacon-hill/#utm_source=rss&utm_medium=rss&utm_campaign=first-time-home-buyers-find-it-tough-to-buy-in-beacon-hill

Free from COVID-19: Safe Isalnd to Rent in New England Only $250,000 a Week

House Island in Portland, Maine The vacation rental market isn’t what it used to be before the coronavirus pandemic. Vacation homeowners across the country have recast their properties as safe and remote bases to ride out the pandemic, extended rental periods to months and even season-long, and of course up the rental rate. The owner of […]

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source https://www.bostonreb.com/free-from-covid-19-safe-isalnd-to-rent-in-new-england-only-250000-a-week/#utm_source=rss&utm_medium=rss&utm_campaign=free-from-covid-19-safe-isalnd-to-rent-in-new-england-only-250000-a-week

Don’t always listen to Boston condo critics

Boston Real Estate for Sale We’ve already seen how the natural real estate cycles have been crushed, and now here we are in the middle of a world-wide pandemic, rampant unemployment, and racial/political unrest AND PRICES STILL KEEP GOING UP.  There is nothing natural, normal, or historical about it – we are living in a […]

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Boston real estate questions for 2020

I’m asked routinely by Boston condo owners and buyers the following questions. It is important to be educated about the Boston condo-buying process before you embark on it. Being educated is essential. If you are able to get answers to some of the most common Boston real estate questions before you start looking for a […]

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source https://www.bostonreb.com/boston-real-estate-questions-for-2020/#utm_source=rss&utm_medium=rss&utm_campaign=boston-real-estate-questions-for-2020

Boston condos for sale: 2nd Q sales

On a positive note, Boston condos still sold even during the peak of the COVID-19 – not at the same rate as non-virus days, but better than what was expected. Downtown Boston condo for sale market saw a rebound of sales late in the second quarter of 2020. The recovery was notable, especially on the […]

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source https://www.bostonreb.com/boston-condos-for-sale-2nd-q-sales/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condos-for-sale-2nd-q-sales

Friday, 24 July 2020

Coldwell Banker Taking a Major Loss

Boston Real Estate for Sale The latest earnings reports are approaching major real estate services firms like Coldwell Banker Real Estate and Cushman & Wakefield, but they’re likely won’t be much in the way of optimism in the industry. No Champagne popping this year. The U.S. economy bore the brunt of the coronavirus pandemic in […]

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source https://www.bostonreb.com/coldwell-banker-taking-a-major-loss/#utm_source=rss&utm_medium=rss&utm_campaign=coldwell-banker-taking-a-major-loss

My Beacon Hill Real Estate Business is Off

Boston Real Estate for Sale Here’s a Boston Beacon Hill real estate thought: Going faster doesn’t make you less lost. It’s okay to ask for directions.  (Knowing you’re lost is half the battle.)

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source https://www.bostonreb.com/my-beacon-hill-real-estate-business-is-off/#utm_source=rss&utm_medium=rss&utm_campaign=my-beacon-hill-real-estate-business-is-off

My Semi-logic Reason Why Boston Condo Prices Won’t Drop

Boston Real Estate for Sale   Today we should see another all-time-low record in mortgage rates! What is the impact? Let’s do the Boston Real Estate Math: If we just go back to the 52-week high of 4.75%, you could borrow $808,000 and pay $4,215/mo. If you shopped around to get a 3.0% jumbo rate today, you’d pay […]

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source https://www.bostonreb.com/my-semi-logic-reason-why-boston-condo-prices-wont-drop/#utm_source=rss&utm_medium=rss&utm_campaign=my-semi-logic-reason-why-boston-condo-prices-wont-drop

Boston Condo Buyers and Sellers 2020

Boston Real Estate for Sale Boston Condo Buyers and Sellers 2020 So far, 2020 hasn’t been the year we’ve been expecting. The most apparent event plaguing the Boston condo for sale market is the coronavirus pandemic. This change in our daily operations has had a major impact on economies in countries in every corner of […]

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source https://www.bostonreb.com/boston-condo-buyers-and-sellers-2020/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condo-buyers-and-sellers-2020

Moving out of Downtown Boston?

Boston Real Estate for Sale Everyone’s making big decisions these days when it comes to their lifestyles as a result of COVID-19 and where they want to live. If you’re a Boston condo owner who’s considering selling, you first need to strategize about where you’re going—and how you’ll make that happen. Major transitions like moves […]

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Mask or not to Mask?

Boston Real Estate for Sale I have not weighed in publicly on the whole mask issue.  I wear a mask when I am outdoors in public. While in downtown Boston masks are required but there are a lot of people who do not wear them. I am required to wear a mask when I work […]

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Be Cautious in Picking your Downtown Boston Realtor

Boston Real Estate for Sale Be Cautious in Picking your Downtown Boston Realtor New York Times columnist Paul Sullivan a while back wrote about this DJ posing as a financial advisor. It was one of those setups like you see on TV. They removed his dreadlocks and body piercings, put him in a suit, taught him […]

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Boston City Coincilor Pushing a Luxury Condo Transfer Tax

Boston Real Estate for Sale Nearly 40  states have a real estate transfer fee on luxury home sales to funnel funding into affordable housing and balance the effects of gentrification. According to the Institute for Policy Studies (IPS), Boston could have earned more than $16 million for affordable housing projects, through just two luxury buildings, with […]

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Boston Condo Renovations: Permit and Nonpermit Renovations

Boston Real Estate for Sale Did sheltering in place have any effect on home improvement rates? Recent data says yes. Over half of American homeowners (55%) said the pandemic and associated disruptions gave them time to improve their homes, while 59% admitted that spending more time inside due to lockdown inspired them to renovate their […]

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Thursday, 23 July 2020

The Mirror in the Lobby

Boston Real Estate for Sale Once upon a time, a real estate developer figured out that one way to save a lot of money was to put a mirror in the lobby next to the elevator banks. People would happily look at themselves in the mirror while patiently waiting for the elevator… meaning that the […]

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This real estate survey may shock you!

On this week’s housing video Chief Economist, Matthew Gardner, dives into the most recent National Housing Survey results which tell us a lot about consumer confidence both pre- and post-COVID and whether or not they feel this is a good time to buy a Boston condo for sale. A survey of renters 69% said this […]

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IBM Sues Real Estate Giant Zillow: Infringing on Patents

Boston Real Estate IBM Sues Real Estate Giant Zillow: Infringing on PatentsIBM is escalating its legal battle with Zillow, filing a lawsuit accusing the listings giant of infringing on patents to build its real estate search engine. Basis of the Lawsuit In a July 21, 2020 lawsuit, filed in federal court in Washington, IBM claimed […]

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Boston Condo Market is Coming Back

Boston Real Estate Boston Condo Market is Coming Back. With a worldwide health crisis that drove a pause in the economy this year, the Boston condo market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit […]

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Mass. unemployment rate inches up -Massachusetts lost 529,800 jobs. 

Boston Real Estate The state’s June total unemployment rate is up eight-tenths of a percentage point at 17.4 percent following a revision to the May rate of 16.6 percent, the Executive Office of Labor and Workforce Development announced Friday. Unemployment Rate It is the highest unemployment rate in the nation.  The national unemployment rate for June […]

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Wednesday, 22 July 2020

Beacon Hill Apartment Rents vs Law of Grvaity

Everyone, without exception, has found some things to not believe in. Things that are demonstrably true that we just don’t want to accept. But the interesting question is: What has to happen for you to change your mind? What standard of proof, from what source, is sufficient for us to accept that something we’re sure […]

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I hate This Part of My Job. A Short Story

Boston Real Estate This morning, I spoke with a Beacon Hill landlord who wanted to list a one-bedroom for $2,800 per month. After reviewing the Beacon Hill apartment, I provided her my professional opinion, given the current health crisis and that MLS as of today’s date has 265 Beacon Hill apartment listings we should place […]

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Boston Real Estate: 40% of Bank Executives Are Planning to Close Down Branches

Boston Real Estate While banks have begun the slow, careful process of returning employees to the office, most executives aren’t expecting everyone to come back. A survey by professional services firm Accenture found that about 61 percent of bank executives don’t expect to call all employees back to the office. And more than 40 percent of those […]

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Boston Condo Foreclosure & Evictions: Moratorium Extended by 60 Days

Boston Real Estate Massachusetts Gov. Charlie Baker has extended the Commonwealth’s coronavirus pandemic moratorium on evictions and foreclosures by 60 days. Boston Condo Foreclosures Extended to October 17, 2020 The moratorium, which was signed into law April 20, will now be in effect through Oct. 17, the governor’s office announced Tuesday. It was originally set […]

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A story about an American Who Wants to Buy a Villa in Italy

Boston Real Estate On June 4, just a day after Italy opened its borders to European Union citizens, a real-estate agent and reality TV star Fredrik Eklund boarded a plane from Los Angeles to Milan, with a pit stop in Paris. With Covid-19 fears still high, the airports were nearly deserted, with restaurants and lounges […]

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The Best colors to paint your new Boston Seaport Condo

Boston Real Estate Boston Real Estate Blog Post – Updated 2020 We’re not quite back to earth tones……yet! Below was the original blog post. Orginal Boston Real Estate Blog Post – April 25, 2019 The Best colors to paint your new Boston Seaport Condo Painter’s Association has chosen its favorite colors for 2019 presented by […]

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Boston real estate – Foreclosures

Boston Real Estate The health crisis we face as here in downtown Boston has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to […]

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Tuesday, 21 July 2020

Story About Rushing to a Beacon Hill Apartment Showing

Boston Real Estate Earlier today, before I had my coffee I realized I had a Beacon Hill apartment showing that I almost forgot about. In my haste, I ran from my Charles Street real estate office to make the appointment on time. As I was on my way, I noticed a blind man about to […]

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Another Cambridge Bar Bites the Dust

Boston Real Estate Word is spreading like wildfire through the local bluegrass and poetry communities that the Cantab Lounge in Cambridge is closing for good. People are already posting reminiscences of the lounge, also known for its poetry slams. As an indoor venue and bar, it wouldn’t be allowed to re-open until the state hits phase 4, and who knows when […]

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11 tips for Boston condo buyers

Today’s blog post will be about 11 essential tips for Boston condo buyers. Sitting down for a Boston condo buyer consultation meeting. Learn about the entire buying process from A to Z. Thinking long-term about the condo and future resale value. Creating a Boston condo buyer checklist. Planning your monthly budget Knowing the cost for […]

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Beacon Hill Condos Last Months Stats

Boston Real Estate I assure you, I’m not trying to paint a rosy picture of the Beacon Hill real estate market with today’s blog post. In the never-ending war between the Capulets and the Montagues, the voices tend to get a lot louder when one is on their own turf.  Case in point, we’re in […]

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Tips for packing and moving antiques

Tips for packing and moving antiques At some point in our lives, it’s reasonable to want to move. The reasons why we move where we move are usually related to professional careers, relationships, or other important things in life. However, while you want to move, you don’t want to leave your antiques behind. So, let’s […]

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Boston condo market in 2020

Boston Real Estate Search For months now the vast majority of Boston condo buyers and sellers have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving […]

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source https://www.bostonreb.com/boston-condo-market-comparing-sept-2019-with-sept-2018/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condo-market-comparing-sept-2019-with-sept-2018

Beacon Hill Condos for Sale and the Benefits of Stagging

Beacon Hill condos for sale and the benefits of stagging. There are two good reasons to do staging: 1) To ensure the online photos catch the buyer’s eye, and 2) Once they arrive, the staging helps to remove any visual distractions and keep the focus on the positives. We’ve yet to understand the full impacts […]

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Monday, 20 July 2020

Boston condos under agreement

Boston Real Estate Search Boston condos that went under agreement in the last 30 days This week 50 downtown Boston condo buyers scramble to grab something and get a mortgage rate in the 2s! Are we seeing a Boston real estate rebound? Answer too early to tell. Boston Real Estate – Market Report Boston Real […]

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Boston Real Estate Thought: What this Country Needs is Another Walter Cronkite TV News Anchor

For my younger readers, you may be asking; Who’s Walter Cronkite? According to Wikipedia; Walter Leland Cronkite Jr. (November 4, 1916 – July 17, 2009) was an American broadcast journalist who served as anchorman for the CBS Evening News for 19 years (1962–1981). During the 1960s and 1970s, he was often cited as “the most trusted man in America” […]

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The COVID-19 and the Stimulas Package Problem for the Unemployed and Small Business Owners.

As a Boston real estate broker I know its important for me to keep my political thoughts to myself. So I will. As a blog writer, I like to sometimes tell fable stories. So I will. The Bell and the Cat: Ideas Are Good, But Execution Is Better! The Story: A family of Mice has been […]

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Seaport Apartments for Rent

As Boston Seaport begins to reopen, many individuals are eager to rent a Seaport apartment or condo. Although we did continue to feel the effects of the ongoing global health crisis in the last few months, we also made some fantastic gains. These signs of recovery are great news for anyone looking to make a […]

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Survey Says: College Students Ok Living at Home Durring COVID-19 Pandemic

Boston Real Estate Search The COVID-19 pandemic has forced college students in Boston to return to mom and dad as campuses emptied, and many of them say they’re enjoying being stuck at home. A survey of about 1,200 college students conducted by CollegeFinance found that most students only expected to stay at home for around four […]

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Fear of housing bubble in China?

Boston Real Estate Search China’s efforts to beat back coronavirus led to widespread travel restrictions and shutdowns. But it appears to have been just a hiccup for the property boom in its biggest cities. Home prices continue to rise higher and units are flying off the shelves again. More money was invested last month in […]

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Boston condo buyers and sellers

Boston Real Estate Search Boston condo for sale inventory is arguably the biggest challenge for buyers in today’s Boston real estate market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales […]

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Sunday, 19 July 2020

Boston Condo Terms from A-Z

Boston Real Estate Even if you’ve sold a home before, deciphering Boston real estate jargon can still seem impossible. There’s a lot of unique terminology you should know if you want to make the most of your sale, which means it’s crucial to be well-versed in some of the most common home selling terms before you […]

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A Real Estate Golden Opportunity

Boston Real Estate You could call this house a Golden opportunity. The mid-century Los Angeles home that appeared in the hit sitcom “The Golden Girls” is on the market for $3 million, according to the Wall Street Journal. The ranch-style home appeared as the exterior of the Miami home of Blanche, Dorothy, Sophia and Rose […]

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Saturday, 18 July 2020

Boston Apartment Inventory Tripled in 2020

Boston Real Estate Boston Apartment Inventory tripled in 2020 Across Greater Boston, apartment inventory is up 58% from 2019, according to Multiple Listing Service Property Information Network data. Back Bay’s inventory nearly tripled, rising from 102 available units to 290, while the South End and Beacon Hill’s inventories more than doubled.  As of today’s date, […]

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Boston Apartment Rents Down Nearly 6%

Boston Real Estate Boston’s apartment rents fell in June, a sign that the apartment market has been more damaged by the effects of the coronavirus pandemic than Beacon Hill apartment landlords anticipated. Rents in executed leases in Boston were 5.8% lower in June than they were last year.  It might get worse for landlords As […]

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Boston Seaport Condo Stats for 2020

Boston Real Estate for sale  As downtown Boston begins to reopen, many eager buyers and sellers are reentering the competitive Seaport condo for sale market. Although we did continue to feel the effects of the ongoing global health crisis this May, we also made some fantastic gains. These signs of recovery are great news for anyone looking […]

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Boston Real Estate Commissions Revealed

Boston Real Estate Search Boston Real Estate Commissions: Updated Summer 2020 Boston’s real estate commission stats are hard to come by. One of my goals as a real estate agent in downtown Boston is to educate the public and provide transparency within the real estate industry on a number of topics – including commissions. Most […]

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Boston condos for sale: FHA is Putting Up More Hurdles for Borrowers

Boston Real Estate Search In case you missed this in the news, FHA is putting up hurdles for higher-risk borrowers to get their Boston condo loan application approved. In a sense, the agency is going back to basics. There’s been an uptick in higher risk loans getting into its insurance fund, and it wants to […]

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COVID-19 Has Changed the ReaL Estate Market – Here’s Why…

Boston Real Estate Search    Boston Real Estate Search

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How Covid-19 has impacted the housing market, why now is a great time for sellers {News Video}

Boston Real Estate Search  Realtors say right now is a great time for sellers because there isn’t much inventory for people to buy due to the pandemic, so buyers are snatching up homes quickly. If you’re a buyer, realtors recommend being patient but putting down an offer quickly before another offer can get in. […]

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Boston real estate for sale: Coronavirus brings mortgage rates to a new low

Boston Real Estate Search The Coronavirus pandemic has already caused major changes in the lives of most Americans, but one unexpected result of the virus is that Boston residential real estate loan rates have fallen to new lows.  However, uncertainty, the very thing that drove the average rate on a 30-year fixed mortgage to a record […]

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Friday, 17 July 2020

2020 Boston Real Estate Trends

Boston Real Estate Search Boston Real Estate Search

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Boston condo buyers are out there with a COVID-19 Checlklist.

Boston Real Estate Search With the economy stuck at around 11% unemployment, you would expect that we would be a buyer’s market in Boston — and there would be an oversupply of Boston condos for sale to choose from. Well, not so fast. In the Boston condo market inventory hasn’t increased as much as one […]

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Lower mortgage rates make Boston condos for sale more affordable

Boston Real Estate Search Historic Low Boston Real Estate Mortgage rates Mortgage rates fell below 3% for the first time ever as the economy continues to struggle from the effects of the coronavirus pandemic. Mortgage Rates Below 3% The average 30-year fixed-rate mortgage fell to a record low of 2.98% this past week, according to […]

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Can Airbnb Survive?

Boston Real Estate Search With cancellations adding up and crippling the travel industry, guests, hosts, and investors alike are left asking whether Airbnb will survive at all. Boston Real Estate Search

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List Of Pros And Cons Of Renting Property In College Towns – Guest Blog Post

List Of Pros And Cons Of Renting Property In College Towns While renting to students can be profitable, it can also be stressful for property management. Whether in a quiet rural area, or in a busy metropolis, college towns will have, of course, college students, because many of them prefer living off-campus during their years […]

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source https://www.bostonreb.com/list-of-pros-and-cons-of-renting-property-in-college-towns-guest-blog-post/#utm_source=rss&utm_medium=rss&utm_campaign=list-of-pros-and-cons-of-renting-property-in-college-towns-guest-blog-post

Retail Bank is Permanently Closing on Charles St. Beacon Hill

Boston Real Estate Search Retail Bank is Permanently Closing its doors on Charles St. Beacon Hill You know things are bad when you see the permanent closing of banks on Charles Steet in Beacon Hill. The Hingham Savings Bank will close its branch at 80 Charles Street on or shortly after September 18, 2020 Boston […]

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source https://www.bostonreb.com/retail-bank-is-permanently-closing-on-charles-st-beacon-hill/#utm_source=rss&utm_medium=rss&utm_campaign=retail-bank-is-permanently-closing-on-charles-st-beacon-hill

Boston Hotels Now Renting Rooms to College Students

Boston Real Estate Search The Beacon Hill Times Reported this week that the city launched a pilot program Monday, July 13, to ease restrictions on off-campus housing for colleges and universities, and to help the hotel industry during the pandemic, which has prompted Northeastern University to pursue leasing all of the Midtown Hotel and entire […]

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source https://www.bostonreb.com/boston-hotels-now-renting-rooms-to-college-students/#utm_source=rss&utm_medium=rss&utm_campaign=boston-hotels-now-renting-rooms-to-college-students

Thursday, 16 July 2020

Most, least expensive months to buy a Boston condo

Boston Real Estate Search Boston Real Estate and the Bottom Line The off-season (February) may have lower pricing, but that’s also when inventory is the leanest! Buy when you find the right Boston condo for sale, and make the best deal you can Boston Real Estate Search

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source https://www.bostonreb.com/most-least-expensive-months-to-buy-a-boston-condo/#utm_source=rss&utm_medium=rss&utm_campaign=most-least-expensive-months-to-buy-a-boston-condo

Millions at Risk of Being Evicted

Boston Real Estate Search With many federal unemployment benefits introduced in the wake of the coronavirus pandemic set to expire at the end of the month, it’s feared that millions of Americans could face eviction from their homes. HousingWire reports that almost 44 million Americans have filed for unemployment since mid-March when the pandemic began. And […]

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source https://www.bostonreb.com/millions-at-risk-of-being-evicted/#utm_source=rss&utm_medium=rss&utm_campaign=millions-at-risk-of-being-evicted

Boston condos for sale: How to make your condominium look larger

Boston Real Estate Search As the condominium market in Boston continues to heat up, buyers and sellers share something in common: they would like to get more space. Boston Condos for sale in Back Bay, Beacon Hill, and Seaport District etc… will attract more buyers if the units are spacious. If you are moving into […]

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source https://www.bostonreb.com/boston-condos-for-sale-how-to-make-your-condominium-look-larger/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condos-for-sale-how-to-make-your-condominium-look-larger

Boston Condo for Sales: The Shower vs Bathtub Boston’s “Oldest Debate”

Boston Real Estate Search Yesterday, I had what is now becoming a rare event, I had a Beacon Hill condo showing. Before you congratulate me, it didn’t go as well as I would like. The couple loved the condo, except it only had a shower stall and not a bathtub. Perhaps it’s me, but I […]

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source https://www.bostonreb.com/boston-condo-for-sales-the-shower-vs-bathtub-bostons-oldest-debate/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condo-for-sales-the-shower-vs-bathtub-bostons-oldest-debate

Sam Adams Boston Tap Room next to Faneuil Hall is now closed

Boston Real Estate Search Sam Adams Taproom that is popular with visitors from out of state has shut down for the time being because of visitors coming from out of state–and specifically where the COVID-19 pandemic is spiking. Universal Hub is reporting (via a Facebook post from the place) that the Sam Adams Boston Tap Room next to […]

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source https://www.bostonreb.com/sam-adams-boston-tap-room-next-to-faneuil-hall-is-now-closed/#utm_source=rss&utm_medium=rss&utm_campaign=sam-adams-boston-tap-room-next-to-faneuil-hall-is-now-closed

Economist Analyzes Housing Market: How it has Fared last 16 Weeks Amid COVID-19

Boston Real Estate Search Economist Analyzes Housing Market: How it has Fared last 16 Weeks Amid COVID-19 Boston Real Estate Search

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source https://www.bostonreb.com/economist-analyzes-housing-market-how-it-has-fared-last-16-weeks-amid-covid-19/#utm_source=rss&utm_medium=rss&utm_campaign=economist-analyzes-housing-market-how-it-has-fared-last-16-weeks-amid-covid-19

Is Ammegendon ahead for Boston Real Estate Landlords and Tenants?

Boston Real Estate Search Is Ammegendon ahead for Boston Real Estate Landlords and Tenants? With enhanced unemployment benefits set to expire this month, 87.6 percent of tenants paid some rent through July 13, according to a national survey of market-rate units. $600 Unemployment Benefit Helps Both Tenants and Landlords The number of renters paying at […]

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source https://www.bostonreb.com/is-ammegendon-ahead-for-boston-real-estate-landlords-and-tenants/#utm_source=rss&utm_medium=rss&utm_campaign=is-ammegendon-ahead-for-boston-real-estate-landlords-and-tenants

Looking for Boston First-time Homebuyers? Here’s What Boston Condo Buyers Want

Boston Real Estate Search Looking for Boston First-time Homebuyers? Here’s What Boston Condo Buyers Want. There’s a great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of […]

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source https://www.bostonreb.com/looking-for-boston-first-time-homebuyers/#utm_source=rss&utm_medium=rss&utm_campaign=looking-for-boston-first-time-homebuyers

Wednesday, 15 July 2020

South Boston condo sales stats and obtaining a mortgage

Boston Real Estate Search As the world continues to settle into a new normal, many South Boston condo buyers and sellers are beginning to reenter the market. Although we’ve seen a noticeable decrease in sales, condo prices remain healthy—and that means our market will likely do well despite the ongoing economic downturn. If you’re eager […]

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source https://www.bostonreb.com/south-boston-condo-sales-stats/#utm_source=rss&utm_medium=rss&utm_campaign=south-boston-condo-sales-stats