Boston condos are evaporating from the market faster than they can come on. Strange times indeed. We previously wrote about the Boston condo inventory problem, and now it’s looking like a problem that is only deepening. In the Boston real estate market, trends are continuing to show declining inventory. Boston condo inventory available on the [...]
Boston Pending Sales Rise 22% in 1st Quarter of 2012
On the heels of a story in the Boston Herald about Massachusetts pending home sales rising 40%, here are the numbers a little closer to home. Overall, in the first quarter of 2012, Greater Boston pending sales* came in at 4734, compared to 3868 in Q1 2011 – a jump of 22%. Following January’s increase [...]
Boston real estate sales up 25% in February, Prices up 4%
With our national economic recovery picking up steam on top of tales from a crazy Boston real estate market like multiple offers, limited inventory for sale, and condo developments selling out in a weekend at over asking price, is the Boston market primed to move consistently upward? February market stats would seem to indicate that. [...]
Will Boston Condo Sales Rise in 2012?
There are clear signs the Boston apartment market is overheating. Vacancies are extremely low, there is limited development in the pipeline, and rents are rising. The question, therefore, is will this rental market dynamic cause Boston condo sales to rise in 2012. In a newly posted blog at IGNITION Residential, our sister company and marketing [...]
Boston real estate sales flat for 4 years, prices on the rise
With the day to day and month to month reporting of the Greater Boston real estate market stats you see in the news all the time, sometimes it’s easy to lose sight of the big picture. Well, here’s the BIG PICTURE: As you can see, annual Boston home and condo sales* have essentially been flat [...]
How’s The Market?
Having practiced in the Boston real estate market my entire professional life, I am always getting asked, by both clients and friends, “how’s the market”? Perhaps for more than for any other industry, the general population always seems very interested in real estate. Maybe it is because everyone lives somewhere, and most people’s core expense is [...]







