Survey Reveals Gender Differences in Home-Buying Behavior
When it comes to searching for a home online, women and men take very different approaches. According to a new survey by Obeo, a provider of online residential real estate marketing products, women spend more time searching online, view more homes, and prefer features such as photos and 360-degree tours to help them in their [...]
July Existing-Home Sales Show Gains
Existing-home sales, including single-family, townhomes, condominiums and co-ops, increased 3.1 percent in July to a seasonally adjusted rate of 5.00 million units from June but were 13.2 percent lower than the 5.76 million units estimated in July 2007, NAR reported this morning. The sales increase was the highest in five months, although sales have hovered [...]
First-time Buyer Expectations Conflict with Affordability: Survey
While many first-time homebuyers are concerned about affordability when shopping for a home, their expectations for move-in conditions may be too high for their financial circumstances, according to a new Coldwell Banker broker survey. Nearly half of the brokers surveyed said affordability was the number one concern for this group, and 81 percent said today’s [...]
Real Estate Terms of the Day
Buying or selling Boston real estate can often be confusing if you don’t understand real estate lingo. That’s why we will be providing you with definitions for some key terms. Accredited Buyers Representative: The ABR designation is the benchmark of excellence in buyer representation. This coveted designation is awarded to REALTORS by the Real Estate [...]
Price Reduction on Spectacular Back Bay Home
Step into true old-world elegance at 257 Commonwealth Ave. #3. Completed in 1886, the 5930 sq ft duplex features the finest restored detail. Seven fireplaces keep the spacious rooms cozy during Boston‘s long winters, and four zone central air keeps the home cool in the humid summers. With five bedrooms, four baths, an expansive terrance and two full parking spaces, [...]
New “Green” Standards for Affordable Housing in Boston
According to an article in the Boston Globe, all new affordable housing funded by Boston’s Department of Neighborhood Development must be deemed “green.” Projects will need to meet the Energy Star standards and the LEED “Silver” standard. Yesterday, Boston Mayor Thomas M. Menino named six housing projects set to share $2m in grant money from [...]
Fantastic 1 Bedroom Now Available on Chandler Street
Nestled between the Back Bay and South End, 150 Chandler Street #5 is just steps from all Boston has to offer. The home features 646 sq ft of sun-filled space and a sensational private deck off the living room. Keep cool with the central a/c and enjoy lots of extra storage space. Garage parking is [...]
Mortgage Fees to Increase
If you are considering buying Boston real estate this fall, you will probably want to pay attention to the new Fannie Mae and Freddie Mac rules. Banker and Tradesman reported that “adverse market” fees will be doubled from one-quarter of a percentage point to one-half a percentage point starting Oct. 1 for new mortgages delivered [...]
Spacious Loft in Boston’s Leather District
We know that lofts are one of the hottest trends in Boston Real Estate, and if you are looking for 1700+ sq ft of open loft space, 96 South Street #1 is for you. The open floor plan features fabulous natural light, new maple floors and spectacular 12 foot ceilings. This Boston Loft has storage [...]
Two amazing luxury lofts for lease at FP3
We are now offering two fantastic lofts for lease at the new FP3 project in Boston’s trendy Seaport District. Both units large sliding glass windows and doors as well as spacious terraces. Enjoy grilling on the Lynx gas grill, or just enjoy the great views. The modern kitchen features Arclinea designed cabinetry and luxury appliances [...]
