It is evident that most East Boston sales are either bank owned properties or negotiated short sales. “Regular sales” do occur if properties are exceptional or competitively priced.
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I found an interesting post today on tonysrealty.wordpress.com.
Many first time homebuyers seeking to purchase a condo are renters whose leases expire September 1. They actively look for condos beginning March or April, hoping to close on them any time between June and September.
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Eagle Hill has become attractive to some condo buyers because they can often get more square footage in a quality product than can be found in other East Boston neighborhoods. They “get more bang for their buck.”
Read the full post here.
Some condos sell faster than others, usually because of certain traits considered desirable among buyers.
For more on this go here.
Anthony Giacalone wrote an interesting post today on tonysrealty.wordpress.com.
The first few lines are here:
During a sluggish real estate market, the number of homes for sale increases, and buyers have opportunities to buy homes that otherwise might seldom be available or “on the market.” For the first time in many years, East Boston has had an exceptional selection of properties for sale.
Get the full story here.
Anthony Giacalone posted something interesting today on tonysrealty.wordpress.com.
Read this excerpt:
There continues to be no shortage of buyers for East Boston condominiums in excellent condition that have great layouts, access to T stations, and solid associations with strong financial records and a high percentage of owner occupants.
For the full story click here.
I found an interesting post today on tonysrealty.wordpress.com.
See this July 6, 2008 Boston Globe article that covers upcoming East Boston waterfront developments.
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There seems to be a shortage of units, with more buyers than units as of late.
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The following six-month report compares January thru June 2008 East Boston property sales to January thru June 2007 sales using data derived from MLS.
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