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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.

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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.

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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.

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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.

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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.

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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.

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How to be Careful as a Rental Cosigner

I’ve heard the rental market of Boston described as a sort of modern-day wild west. One day, it’s peaceful, the day after it becomes a stampede of U-Hauls on Allston Christmas, more commonly known as moving day on August 31st and September 1st.

In addition to the hazards of moving, there’s the question of co-signing. Usually, if you are renting as a young adult or without much credit history, you will need to get a cosigner. This is usually a parent or someone else with established credit history.

Now, most people never run into situations where cosigners become involved. However, in the event of property damage, this is where things could get tricky. In one such scenario, cosigners were dragged into a roommate dispute, even after years had passed and the original tenants had changed.

Now in such a drastic case, it may be necessary to seek professional help, but most disputes can be handled with the landlord. It is important to keep in mind what being a cosigner entails before committing to it. Essentially, you are taking on the rent if the tenant fails to keep up with it. This has been a common problem found by parents of ill-financed college students.

Be careful what you sign and always review the fine print.

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Why 2012 Holds a Brighter Future For Homes

A new year brings new hope, and there are plenty of reasons to have a positive outlook for 2012. Along with the good news that the stock market is regaining points and and job losses have stemmed off, the economy seems to finally making its long overdue return for a rebound.

Last year saw the the steady increases in home purchases and an increase in property value. What will 2012 bring? In addition to a surge in the rental market, industry insiders are pointing towards personal financial trends, like adding a line of credit to the home, as a positive sign that homeowners have learned their lesson from the financial crisis and are taking steps in defending their home from foreclosure and their finances from bankruptcy. This could also mean that homeowners are taking care in budgeting much more carefully in order to keep debt in check.

While consumer confidence and job growth is still slowly increasing, experts say that these percentages may take some time before these percentages increase significantly enough.  Spring and summer real estate activity will look like a promising indication of how the economy is doing at this moment. It is suggested we keep a careful eye on the activities in Europe, seeing as how some of the markets over there are re-structuring themselves.

Do you see a new home in your future? Bushari Group Real Estate can help you make that decision. Please contact us, and we’ll be sure to follow-up on your questions.

 

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How Much Of Your Income Goes to Housing?

When looking to buy, rent, or invest, it’s important to remember to stay within your budget and not “break the bank.” After all, no one wants a nightmare real estate experience. Here is an easy way to look at your finances and your next step.

Calculate your annual income, then break the income into monthly amounts. Deduct all the usual costs from your monthly amount. What you have leftover is discretionary income, and it is best that you leave a reasonable amount of that money unclaimed for savings and potential emergencies.  If you can sacrifice that extra amount towards upping your rent and mortgage limit, you could open up the possibility of a new home.

It’s important to take these financial matters into consideration, especially since rents in the Metro-Boston area have been on the steady increase. Buying a home also serves as a long-term investment when your home appreciates in value. Of course, only you know when you’re ready to move, but should any questions arrive, please don’t hesitate to ask us at Bushari Group Real Estate. Our professionally trained agents are equipped with references and tools to help you make the best decision possible.

For the rest of the article, click here.

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Condo For Sale:Regatta Riverview Residences Unit 1723

This is the pinnacle of living in Boston: convenient location, sweeping views of the city, and with all the amenities of the highest quality.

Located in East Cambridge alongside of the Charles River, this modern building offers some of the most idyllic views in town. Every window is practically its own photograph. The unit for sale is a 3 bed/2 bath posh suite that even comes with a glass walled office and spacious walk-in closet. It also comes with 2 car parking and pets are welcome.

The building is located near the MBTA’s Red Line and offers 24-hour concierge service, an indoor pool, gym, club room, and movie theater. So much space is not easy to come by in the city, so act fast!

If you would like to know more about this condo, please check out our listing here. If you have any more questions, please contact us. We look forward to hearing from you.