Tag Archives: market stats

The Curious Case of The Disappearing Boston Condos

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 [...]

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Top 10 Reasons to Buy Real Estate in Boston

As a Real Estate Agent here in Boston, part of my job is being consistently available for clients. Often times my work happens during evening hours or over the phone from home so my (extremely loving and patient) wife often sees first hand how busy I am as I do my job representing clients and [...]

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Signs of a Boston Condo Inventory Problem

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 [...]

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5 Ways to Negotiate Rent in a Tight Boston Rental Market

Are Boston Apartment rents “Too damn high!”? For most people they seem to be.  And even in the midst of a stalled economic recovery, they’re only getting higher. According to new data from Reis Inc., a New York company that tracks real estate, rents in Boston hit record highs in the last quarter of 2011 [...]

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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 [...]

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Mortgage Rates Lowest in 60 Years. Why Aren’t You Buying?

According to Freddie Mac, 30 Year Fixed Mortgage rates are averaging 4.09% as of last week, a level we have not seen in 60 years. 5/1 ARM’s are averaging a ridiculous 3.02%. Here’s a chart of Fixed Rate Mortgages since 1971: Wow.  Let me ask you this…..why aren’t you buying? Possible answers: 1. Because prices [...]

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