Posted on 13 September 2010.
Much continues to be written in the local and national press about the current state of the “Boston Real Estate Market” since my last article of this nature was published in January 2010 (see Seller vs. Buyer Advantage by Neighborhood). But if you’re a buyer or a seller, you’re more likely to be interested in [...]
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Posted in Boston Condo Statistics
Posted on 10 August 2010.
You may be working with an agent, who like me, recognizes an educated client is a happy client. If not, I offer you some information to chew on. I recognize many of you reading this are qualified to buy (a great thing in this market), but perhaps waiting for property to drop further (a bad [...]
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Posted in Boston Condo Statistics
Posted on 19 May 2010.
I’ve put together a report that outlines the markets and housing types that I primarily deal with, Back Bay, South End and Fenway condominiums and Mission Hill multi-family investment property. The purpose of such a report is to present an unbiased market snapshot and to draw some insightful conclusions based on general knowledge of the [...]
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Posted in Boston Condo Statistics
Posted on 28 January 2010.
In a recent study conducted by Forbes Magazine, Boston was named the number one city to go from renting to buying. The study looked at how the premium to buy (the spread between what you’d spend on renting and what you’d pay each month for a mortgage) has decreased across a number of cities, as [...]
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Posted in Boston Condo Statistics
Posted on 21 January 2010.
That the real estate market conditions in Boston continue to ebb and flow is an understatement. You’ve heard time and again that “all real estate is local”, and the current statistics contained herein demonstrate why this is indeed a truism. Any sweeping statement of market conditions in the vast “Boston Real Estate Market” is virtually [...]
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Posted in Boston Condo Statistics
Posted on 20 December 2009.
LINK, one of the two MLS systems that serve the Boston market, routinely holds a lecture series for its members and guests that cover a wide range of real estate related topics. The most recent lecture took place at the ultra-luxury Mandarin Oriental in Boston’s Back Bay. The keynote speaker was Karl Case, one of [...]
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Posted in Boston Condo Statistics
Posted on 05 November 2009.
While transaction sales volume in downtown Boston has been off year over year, meaning that there are less condos actually selling in 2009 versus that which sold in 2008, what’s happening to inventory? Inventory represents the supply of choice that buyers have in the marketplace, and given the economics of the situation, can have an [...]
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Posted in Boston Condo Statistics
Posted on 07 August 2009.
As residents anticipate the launch of several new luxury condo buildings in downtown Boston, most notably, the Clarendon Back Bay and the W Boston Hotel & Condos, along with the recent launch of 45 Province, the market for luxury condominiums is poising itself for an influx of additional inventory. In the face of this influx, [...]
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Posted in Boston Condo Statistics
Posted on 24 July 2009.
The first half 2009 statistics are in, and the South End continues to drive the most unit sales of the major downtown Boston neighborhoods. According to LINK, one of Boston’s two multiple listing service systems, the South End saw 238 condos sell during the first six months of 2009, ahead of South Boston with 204 [...]
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Posted in Boston Condo Statistics
Posted on 07 July 2009.
After moving through June, traditionally one of the most active months of the year for real estate transactions, the downtown Boston residential real estate market shows interesting signs of vitality. Over the course of 2007 to 2009, during the month of June, the number of listings that sold (see table immediately below) in downtown Boston [...]
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Posted in Boston Condo Statistics