Archives

, , , , , , Posted by on

Boston Real Estate Market Report – 2015 Q3

free-download-2015-q3-market-report-v2

 

Our 2015 Q3 Boston Real Estate Market Report is now available for free download. Filled with the most comprehensive and up-to-date market statistics, this report is a valuable resource for buyers, sellers and agents alike.

The third quarter saw Boston’s home values continuing their upward trajectory with overall sales up 7.58% over 2014 with a 6.37% higher average selling price. Download our report today to see what the market looks like in your neighborhood.

download your free report

 

, , , , , , , , , , , , Posted by on

Bushari Group Real Estate in Boston’s Top 10 For Year-to-Date Sales

Bushari-Top-Ten

We are very happy to announce that Bushari Group Real Estate has entered the Top Ten Real Estate Firms for residential transaction volume year-to-date in Boston, according to MLS-PIN. Our agents have participated in more than $110 million worth of real estate transactions so far in 2015, with almost $84 million of that in Boston proper. The Boston real estate market is highly competitive and we would like to thank our agents and clients who have helped us become the strong, independent company we are today.

, , , , , , , Posted by on

What’s Your Home Worth? Check Out Our Latest Boston Real Estate Market Report

download-free-market-report-2015q2

 

 

Buying and selling a home can be a difficult process—but it doesn’t have to be. Access to the right tools and information can make for much smoother sailing in Boston the real estate market which is why we release a comprehensive market report after each financial quarter.

Broken down by neighborhood, our reports contain all of the data and statistics you’ll need to make a more informed decision when it comes to your next real estate transaction. Whether you’re curious about the current market value of your home or you’re just curious about the current market conditions in your neighborhood, our report will provide you with a better understanding of local trends and home values.

Our 2015 second quarter market report is now available for download, so go ahead and get your copy today.

download your free report

, , , , , , , , , , , , , , , Posted by on

Copley Place Tower Given the Go-Ahead

Artist rendering, courtesy of the "Copley Place Retail Expansion and Residential Addition Project Summary"

Artist rendering of the newly-approved Copley Place Tower, courtesy of the Boston Redevelopment Authority.

The Boston Redevelopment Authority last night approved several projects with the aim of fulfilling Mayor Martin J. Walsh’s plan to greatly expand the city’s housing inventory by 2030. Among the projects approved by the BRA’s Board of Directors was a revised plan for the expansion of Copley Place, which includes a new skyscraper that will deliver 542 new residential units to the heart of the city.

The residential and retail expansion of Copley has been on the table since 2006, but the project has been held back due to various issues, most recently that overhangs from the building were encroaching into “non-approved spaces.” With last night’s approval, however, those issues have been resolved and Simon Property Group, the project’s developer, can move forward with their $500 million construction.

According to the project summary, the forthcoming Copley Place Tower will rise to heights of 569 feet and plans to “successfully meet the needs of Boston and its residents.” Simon Property Group and their development advisers have carefully studied Boston’s evolving housing market.

The developers want to ensure that their project will improve the lives of all Bostonians and not just residents of the tower. Plans call for “carefully executed design strategies” with the goal of improving the location’s overall pedestrian experience and aesthetic. Some of the expected benefits include improved public transit and a reduction in the number of commuters in single-use vehicles, as well as the creation of 1,477 construction jobs and approximately 250 permanent jobs.

The residential tower at Copley Place will follow the likes of the Millennium Tower and One Dalton as the most recent additions to Boston’s quickly transforming skyline.

, , , , , , , , , , , , , Posted by on

Better Know a Neighborhood: North End

Full of cafes, restaurants, and gelatarias, Boston’s North End has to be one of the best places in the city to wine and dine.

Originally one of the oldest parts of Boston, it has been the destination for immigration and cultural exchanges.

, , , , , , , , , , Posted by on

Condo For Sale: 10 Museum Way Unit 2122

Yet another example of fine luxury living, this condo on the East side of Cambridge is an ideal place for city living, with the best views of the city just outside your windows.

This 2 bed/ 2 bath spacious unit is located on the 21st floor, so a great view is practically guaranteed. The home features a double sink in the master bathroom, California Closets, a high-end kitchen complete with stainless steel appliances, Brazilian cherry floors, and extra storage. The unit also has central heat and air conditioning for that tricky Boston weather. Just as luxurious as your home, is the building. The amenities include concierge, doorman, a business center, clubhouse, a gym, indoor pool, movie theater, and playground. Phew! And if you’re a pet lover, you’ll be happy to learn that they are pet friendly.

The location is quite convenient, with three T lines close by. It is just across the Esplanade park along the banks of the Charles River. Shopping, dining, and entertainment is never far since you’re so close to the city, but you’re also well placed near the Cambridgeside Galleria, one of the largest malls in the area.

To get more information about this property, check out the listing page here. If you have any questions about the property or are looking for a home for your family, contact us at Bushari Group Real Estate. We’ll be more than happy to answer any and all of your questions.

, , , , , , , , , , , , Posted by on

Better Know a Neighborhood: Beacon Hill

Tucked away alongside of the Charles River stand the tall golden dome of the state’s capital building and the busy area surrounding it. Yes, Beacon Hill is a central part of the city, so why not live here?

Beacon Hill retains many of its old-world charm in cobblestone streets, narrow alley ways, and home entrances without a stoop opening up strait into the side walk. These are remnants of a bygone era, although many colonial structures have been retrofitted to fit modern time needs. There’s a few Victorian gems here too, as Boston grew, so did its wealthiest citizens. Historically, Beacon Hill has always been a hive of political and entrepreneurial power.

On the upper side of the hill stands one of the pioneering beacons of medicine, Mass General Hospital, still on its original place from when it was first built. Of course, it’s expanded since then. Even the original jail next to the hospital has been reconverted into a posh hotel named the Liberty Hotel (ironic, isn’t it?). In addition to the statehouse and a myriad of government buildings situated on Beacon Hill, is the Boston Commons and Public Gardens, our answer to Central Park. While not as big in scope, the park does provide for year-round attractions like a skating rink, swan boats, tennis courts, a baseball field, and several statues of famous Bostonians. The neighborhood also includes the famous Bull and Finch Pub from the TV show “Cheers.”

If you would like to learn more about the Beacon Hill, please check out our neighborhood page. Thinking about moving to Beacon Hill? At Bushari Group Real Estate, we can help you with your search. Contact us, and we can get you into the home that’s right for you.

, , , , , , , , , , Posted by on

Now with High Demand, We Need More Homes

Perhaps you learned about the relational concept of supply and demand in high school or college. For the most part, it is an inverse relationship, meaning when one side gains the other side loses. This model is seen in everyday economic decisions to what clothes are on sale to what food are in supply. It is the rule of supply and demand that balance out the economy.

We’ve noted the continued trend of a spike in home purchases in the state of Massachusetts, but what if the supply stops coming into the market?

In the last month of January, there was a reported increase of 3.7% in home sales in the state. But many people are still holding on to their homes, so the inventory levels have yet to catch up with demand. This could potentially cause a shortage for the spring season, when the housing market is most active. The uptick in demand is of course, great for sellers because they can increase their asking price from the previous estimations from the past months.

Experts agree that foreclosed homes won’t add much supply here in Boston, but it is safe to say that come spring, there should be a bit more activity in the seller’s market. It’s still too early to tell what the situation will be. But one thing is for sure, that this will be a season of change.

And if you’re feeling the need for change, let us at Bushari Group Real Estate help you with your buying or selling needs. Contact us anytime, and we’ll be glad to help.

You can read the rest of the article here.

, , , , , , , , , , Posted by on

Better Know A Neighborhood: Charlestown

Far different than the setting to Ben Affleck’s criminal caper, “The Town,” Charlestown is on the cusp of reinvention.

Surrounded by water on three sides, this is the closest you can get to the waterfront and be this close to Boston proper. With a rich and varied history, Charlestown has now become the site of several luxury developments, bring in entertainment and shopping options by the dozens. Because of this new growth the area is quickly becoming a hotspot for investors and young families looking for a change of pace outside of the competitive housing market in Metro Boston and away from several problems city living can bring.

Its historic offerings include several  wharves, now the spot of several luxury housing options, and of course, the Bunker Hill Memorial. Situated atop of Breed’s Hill, this national landmark would be only steps away from almost any location in Charlestown. With the abundance of wharves in the area, Boston’s Naval Shipyard found itself the ideal location just alongside of the Harbor. Pleasant Street is the retail and dining hot spot for foodies and shoppers alike. But for the most part, the parks and community gardens provide a tranquil home for the person looking to balance city and suburban life.

If you would like to learn more about the neighborhood of Charlestown, the schools and resources in the area, check out our neighborhood page here. If you would like to search for a home in the area, please, contact us and we’ll be more than happy to help you in your search.

, , , , , , , , , , , , Posted by on

Condo for Sale: 6 Edgerly Place

An interesting blend of the old and the new await you in this unique loft. Nestled in the heart of Boston’s South End, this two bed, two bath is a luxury only historic neighborhoods can offer. There’s magnificent city views just outside your windows-nine windows to be exact.

Exposed wood and brick hold onto the old world charm while new appliances and fixtures make this a lovely combination of the past and present. Complete with a fireplace in the living room, the unit opens up to a spacious dining room and state-of-the-art kitchen with granite tops and stainless steel appliances. The main bedroom has built in closet and a soaking tub in the bathroom. The unit also has a already washer/dryer installed, with additional storage is available in the building. Roof access shared by the building and also boasts quite the view.

For more information about this unit, check out its listing page. If you have any question about this property or others, please feel free to contact us here at Bushari Group Real Estate. We look forward to helping you find the perfect home for you.