Entries Tagged as 'East Boston'

Bank Owned and Short Sales Predominate East Boston Two-Family Market

I read a good post today on tonysrealty.wordpress.com.

During the last two months, ten two-family properties were sold in East Boston. Of these ten, three were bank owned properties. Another four were short sales. Only three of these properties were “regular sales.”

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Short Sales and Bank Owned Sales Predominate in East Boston

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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East Boston Condos See a Typical Seasonal Drop in Sales

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.

To read more, visit the blog…

Remarkable East Boston Properties Sell in Today’s Market

The recent sales of two exceptional East Boston properties, both with great views, for excellent prices tell us that the East Boston real estate market is still very strong for renovated, well maintained, desirable, and unique properties.
In August, a 1,364 square foot two level penthouse, both spectacular and unusual, in a brick Jeffries Point brownstone […]

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Ecco Brings New Taste to East Boston Fare

tonysrealty.wordpress.com had a good post today.

When a neighborhood evolves into a pleasant, safe, friendly, urban village, it is often the result of having affordable and enjoyable eating spots nearby. East Boston, over the last year, has seen a series of wonderful establishments pop up in the neighborhood to complement many of the great neighborhood institutions already here.
With a great selection […]

Get the full story here.

East Boston and the Subprime Mortgage Crisis

I read a good post today on tonysrealty.wordpress.com.
Here’s a snippet:

While some homeowners are currently in trouble, between 1995 and 2005, other homebuyers made huge profits. Real estate professionals saw dozens of buyers purchase real estate for $100,000 using risky mortgages and then resell those same properties for $200,000.

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Eagle Hill Attracts New Condo Buyers

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.”

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East Boston Three-Family Market Severely Hurt

I saw an interesting post today on tonysrealty.wordpress.com.
Read this summary….

With recent sales at or below $400,000 for some of East Boston’s best three-family houses, we are unlikely to see many East Boston three-families selling for more than $400,000 in the immediate future.

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Some East Boston Condos Sell Faster than Others

Some condos sell faster than others, usually because of certain traits considered desirable among buyers.

For more on this go here.

Basements Need Preparation and Cleaning When Placing a Home For Sale

tonysrealty.wordpress.com had a good post today.
Here’s a summary….

With an increasing inventory of East Boston properties on the market, the proper presentation of a home becomes absolutely essential. One area that should be made visible and that should be presented as clean as possible is a home’s basement.

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