December 28, 2008 Mara Bushari

Boston is supposed to be a buyers’ market, right? Well, buyers’ vs. sellers’ markets are very specific to precise location and price-range. We have be seeing a surge in high-end properties over the $1.5m mark. There has been a surge of luxury development in the downtown Boston area and buyers in this price-range are seeing they can pick up relatively good deals, especially if they are offering cash. All these new luxury properties are, perhaps deceivingly, raising the average and median price-per-square foot and sales price. It has become incredibly difficult to find a mid-range condo (under $500k) in the Back Bay and Beacon Hill as sellers use these luxury units as comparables. In fact, sales of downtown area properties under the $500k mark are down about 20 percent from the same time last year., while the actual number of listings in that price-range are down a whopping 53 percent. It is slim pickins’ out there folks!

Mara Bushari

Mara is a creative thinker and strategic marketer. She graduated Summa Cum Laude from Boston University’s College of Communication and worked in international finance before joining The Bushari Team. Mara strives to exceed expectations. As Client Relations Specialist, she is a key facilitator in all team transactions, making the buying or selling process as stress-free as possible for the client. Mara learned many of her extraordinary organizational and problem-solving skills during her service in the Israeli Defense Forces, where she earned the “President’s Award” for exceptional service. In the military, Mara solidified her abilities to achieve top results in high pressure and time sensitive situations. In her spare time, Mara enjoys skiing, photography and writing.

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