Boston Real Estate Appraisal

About 40 people attended the Neighborhood Association of Back Bay (NABB) forum this month to rank their biggest complaints and best suggestions to present to Boston city officials. Some concerns that topped the list were the cleanliness of Back Bay alleys and the installation of larger street signs. Some suggestions included placing additional trash cans on Massachusetts Avenue and extending Back Bay street cleaning until November. Meeting attendees also suggested the creation of plug-in parking spots for hybrid cars.
Share This

To read it in its entirety, click here.

Tags: Real Estate News, Boston Real Estate, Boston Lifestyle, Boston Condos by bomber
No Comments »

This morning I saw a pretty good post.

Most of you know that the mortgage industry has hit some, well, bumps since last summer. Multiple lenders have filed for bankruptcy, eligibility requirements became near impossible and loan fees rose to cover losses. There is some good news though. The federal takeover of Freddie Mac and Fannie Mae by the U.S. goverment prompted an immediate drop in mortgage rates. In fact, 30-year loans are now well below 6 percent. Also, federal legislation has expanded the availablility of home loans, specifically by increasing the jumbo-loan mark. That said, if you have found the perfect piece of Boston Real Estate, be prepared for the stringent application process. Have your W-2’s or 1099’s ready, as well as pay stubs and tax returns, HR phone numbers and even investment account information.
Share This

Click here to go deeper…

Tags: Real Estate News, Boston Real Estate, Boston Lifestyle, Boston Condos, Real Estate Trends and Statistics by bomber
No Comments »

Mara Tamaroff got it right the other day.

A new level of luxury in Boston Real Estate has arrived…
Come home to this luxurious 1870 square foot, 3 bedroom, 2.5 bath penthouse home in South End’s sought-after Rollins Square. The chef’s kitchen and spacious dining room are perfect for entertaining. Enjoy beutiful weather on the private roof deck, or retreat to the master suite for a relaxing evening. This home features 2 garage parking spaces and abundant storage. Steps to Boston Sports Club, the South End dog park and renowned restaurants. Pet friendly and professionally managed. Exclusively available at $1,225,000.
Open House Sunday 1:00 - 2:30

Share This

To read more, click here.

Tags: Boston Real Estate, Boston Condos by bomber
No Comments »

The desolate shadows between Park Drive and Yawkey Way may soon see some sunlight. Steve Samuels and Boston city officials disclosed a plan for Samuels’ third major project in the area, a retail and residential complex to be aided by a new street parallel to Yawkey Way. The proposed development would include ground-floor shops, a supermarket and residential units. Samuels has not yet proposed an exact height for the building, but he pledged to keep it within scale of the neighborhood. Yesterday, Samuels celebrated the grand opening of 1330 Boylston, a $140m project that includes 215 residential rental units, shops and a sports club. Samuels also developed the Trilogy Building on the corner of Brookline Avenue and Boylston Street.
Share This

For the full story click here.

Tags: Real Estate News, Boston Real Estate, Boston Condos, Boston Luxury Developments by bomber
No Comments »

I came across an interesting post today on bostonrealestateblog.bushari.com.

If your idea of the perfect home is a spacious and airy corner loft in the heart of Boston’s South End, unit 206 at Wilkes Passage is definately the home for you. Featuring 1952 sq ft of luxurious living space, this Boston loft looks over both Washington Street and Peter’s Park. The home is a one-bedroom, two-bathroom unit; however, the space can easily accomodate a second bedroom. One garage parking space is included. Offered at $1,199,000.

Information and photos courtesy of Maureen Ohara and Coldwell Banker.
Share This

Click here to read more.

Tags: Boston Real Estate, Boston Lofts, Boston Lifestyle, Boston Condos by bomber
No Comments »

I saw a good post today on bostonrealestateblog.bushari.com.

Piece of Boston Real Estate Heaven…
The stunning 3+bedroom, 4.5 bath home at 150 Beacon St. #3 in the Back Bay is now priced at $4.9m. The homeowners have reduced the price by $1m since it was originally listed in May. The home features 19th century architecture and modern finishes. Three charming fireplaces dot the expansive floor plan, perfect for entertaining. The waterside home also features a private deck and two tandem garage parking spaces.

Photos and information courtesy of Michele DeAngelis and Paul Whaley of Coldwell Banker
Share This

Visit the site to keep reading…

Tags: Boston Lifestyle, Boston Condos by bomber
No Comments »

This morning I saw a pretty good post.
The first bit is quoted here:

REALTORS® in the U.S. are working with a significant number of international buyers, according to the 2008 NAR Profile of International Home Buying Activity. The study finds that from May 2007 to May 2008, approximately 150,000 to 190,000 homes were sold to foreign buyers. Every state, including the District of Columbia, attracted foreign buyers, with Florida, California and Texas ranking as most popular. The top six countries of origin for buyers were Canada, the United Kingdom, Mexico, China, India and Germany.
International clients typically bought single-family vacation homes costing $297,400; however, 14 percent of properties sold to non-U.S. citizens cost upwards of $750,000. The report concludes that favorable foreign exchange rates have helped make U.S. real estate more affordable for international buyers, 40 percent of whom paid for their properties in U.S. cash.
“Many international buyers recognize that real estate is an excellent investment and are drawn today by abundant inventory, low […]
For the complete post go here.

Tags: Real Estate News, Boston Real Estate, Boston Condos, Real Estate Trends and Statistics by bomber
No Comments »

Many suburban buyers think Boston’s price-per-square foot ratios are outrageous. However, snug city-dwellers look at spralling suburbanites as gas-guzzeling time-wasters. Bostonians would rather spend their cash on swanky South End restaurants than burn it on fuel for a 30 minute commute. Smaller digs also cost less to heat and maintain than their McMansion counterparts. As gas prices continue to rise, many home buyers are now considering gas and oil costs in their monthly payment along with the usual suspects of mortgage, insurance and association fees. Although the price-per-square-foot of Boston real estate may be signifianctly higher than out in the ‘burbs, the actually cost of living may not be. When considering your next home, review commuting, heating and cooling costs to help you get a better idea of your actual monthly bill. For help breaking down the cost of a Boston condo or loft, give us a call.
Share This

For more detail go here.

Tags: Boston Real Estate, Boston Lifestyle, Boston Condos, Real Estate Trends and Statistics by bomber
No Comments »

I saw a good post this morning.
Read this excerpt:

Rare opportunities go fast… This one bedroom condo in prestigious Belvedere is well priced and ready to go. The Belvedere is one of the most sought after luxury developments in Boston, conveniently adjacent to luxury Prudential Mall, full time concierge, in-house chef and garage parking are only a few of the luxury amenities The Belvedere has to offer.
Quick Facts:
Price: $899,000
Size: +/- 837 Square Feet
Parking: 1 Garage
Condo Fees: $1,033 per month
Taxes: $6,968

Courtesy of: Richard Drinkwater of Otis and Ahearn Real Estate
Share This

Get the full story here.

Tags: Boston Real Estate, Boston Condos, Boston Luxury Developments by bomber
No Comments »

Mara Tamaroff blogged something interesting today on bostonrealestateblog.bushari.com.

For you Bostonians who haven’t been over to the other side of the river in a while, it is really time to expand your horizons. East Cambridge is booming as the North Point project takes off. The first stage of the North Point Park is absolutely stunning. Acres of rolling greens run into finely manicured flowers and a mondern playground. Tie your boat to one of the many docks, or simply stroll over from Beacon Hill. The second stage of the planned park, known as Central Park, is well underway. The North Point loft buildings now have certificates of occupancy, and the commercial buildings, restaurants and retail shops will be built soon. Oh, and I almost forgot to mention, the Regatta Riverview has some of the best views in the entire metro Boston area. The Regatta is super close to both MGH and MIT.
 Come visit this pristine 2 bedroom 2 […]
Check out the complete story here.

Tags: Real Estate News, Boston Real Estate, Boston Lifestyle, Boston Condos, Boston Luxury Developments by bomber
No Comments »