8 Responses to “South Boston real estate market shows strength” »»

1. Hard rain
   Comment by Hard rain | 02/05/08 at 11:07 am

   “generating a lot of heat” for the owners who can’t sell in this ever declining market. Unit #617 has been on the market for 629 days, unit # 522 for 239, get real….

2. John A Keith
   Comment by John A Keith | 02/05/08 at 11:24 am

   Don’t take all my posts so seriously.

   But, about those two listings … since you seem to know a lot about the market and about the C2P building, you should also be aware that those two listings are for sale by the developer. He seems unwilling to lower prices on them, which is why they remain on the market, so long after the building has been completed.

3. Steve
   Comment by Steve | 02/05/08 at 7:10 pm

   South Boston seems to be the place where young professionals are buying now. I have a 4 friends (1 single, 3 couples) looking to buy and they are all looking in South Boston. It’s the only safe neighborhood to get a 2 bed / 2 bath place for a decent price….of course what one calls a “decent” price varies.

4. Josh
   Comment by Josh | 02/05/08 at 8:48 pm

   Tons of development going on in Southie.

   http://www.cityofboston.gov/ …

   With all this development and downturn in the real estate market you can find some sweet deals. Also, interest rates are in the low 5s.

5. Sigh
   Comment by Sigh | 02/06/08 at 8:24 am

   The only problem with South Boston, if you’re a young professional, is that if you eventually have kids you’re gonna have to put them into the Boston school system. A scary prospect for most.

   Could make Southie turn into the South End, that is, a place for the “newly wed and nearly dead”. I.e. a kid-free zone.

6. MC
   Comment by MC | 02/06/08 at 8:38 am

   South Boston market is showing strenth?Have you spoke to any of the agents over there?This is going to be a very differcult market for them in 08.

7. Steve
   Comment by Steve | 02/06/08 at 7:23 pm

   As a Southie resident who just got married…yes, schools will eventually be a concern but fortunately if the school system isn’t up to par by the time we need them we can afford private shcools.

8. Sigh
   Comment by Sigh | 02/06/08 at 10:26 pm

   Congratulations on your rare fortune Steve. Sadly, your ability to pay for private school isn’t shared by most people, a fact that’s true in most neighborhoods in Boston, and doubly true in Southie. In general, people leave the city and move to a town where they can afford to buy a house and the school system isn’t as dismally dreary as Boston’s.

   This is why you see TONS of babies in strollers in Back Bay, South End, North End and Beacon Hill, but absolutely NO (white) 10 year olds running around.

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