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 Continue Reading →
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. Continue Reading →
Every Wednesday morning we have a sales team meeting and we discuss current market conditions, client needs, and more key items to help serve our clients better. But I’m starting to notice a recurring theme. Our buyer agents are working with a lot of really great, motivated buyers looking for homes and condos in Boston. The problem Continue Reading →
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 Continue Reading →
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 Continue Reading →
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 Continue Reading →
