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Archive for the 'Boston Real Estate' category

Yes, we’re in a housing market ‘bubble’ in Boston

It’s probably official now: So-called “escalation clauses” are back in the Boston area, last seen here about 10 years ago during the run-up to the previous peak prices around 2005. What are “escalation clauses”? They’re a little-used negotiating tactic deployed as a sort of last resort during multiple-bid situations, i.e. in a hot housing market [...]

Well, at least Boston isn’t Los Angeles

The Globe has an excellent interactive map and other stats showing that Bostonians have to shell out 22.3 percent of their income to pay for housing, specifically mortgages, making it considerably higher than the national average. But the Bay State’s percentage is actually slightly down from previous years — and it’s far lower than what’s [...]

More news on the coming luxury apartment glut in Boston

The Globe has a front-page story this morning on growing concerns that there may soon be a glut of luxury apartments in Boston due to all the ongoing downton construction. Some people say it’s time for developers to shift gears and start building other types of housing in other areas of the city, which is [...]

‘Endangered species’: Boston condos for less than $500K

The Herald has crunched some numbers and come to the conclusion that cheap condos in Boston are going the way of the dodo birds: “The number of Boston condominiums for sale for under $500,000 has plummeted by 84 percent over the past four years, leaving many people priced out of the market, statistics show. “There [...]

Boston mixed-use developers: You ain’t seen nothing yet

A group of Boston developers say people can expect even more mixed-use developments in the city, with billions of dollars of additional projects on the way. It’s a pretty amazing time in Boston, yes? Developments and cranes are everywhere — and officials are confident that even more are on the way. One minor (or not [...]

BRA bloodletting begins

The Boston Redevelopment Authority’s long-anticipated overhaul has begun with the layoffs of 14 people at the city agency. And this is just the start, we assume. The unit eliminated yesterday — a business and economic development division created only last year — was easily expendable. The BRA’s job is real estate re-development, not new economic [...]

Report: Boston is gentrifying faster than any other US city

This must be Gentrification Day at Boston Real Estate Blog. No sooner had we hit “publish” on the post below about Somerville’s gentrification moves, we noticed this front page story in the NYT about how a number of cities, including Boston, are trying to curb the effects of gentrification on long-time neighborhood residents. What really [...]

‘Our biggest impediment’: Inventory

Inventory, inventory, inventory. Or lack thereof. That’s the ‘biggest impediment’ to to the local housing market, experts say. And, oh, truly crappy weather is an impediment too, though this weekend isn’t going to be bad, or so say the alleged weather experts. File under: No kidding.

Report: Henry is selling Globe’s Morrissey Boulevard HQ

There’s a little room here for John Henry, the new owner of the Boston Globe, to still downplay, clarify or backtrack from his comments. But Boston magazine’s quote from Henry sure sounds like he’s made up his mind about moving the newspaper out of its current location on Morrissey Boulevard to somewhere else. The Herald [...]

To spur housing construction, raise taxes on those vacant lots!

Harvard’s Ed Glaeser says Boston might learn something from NY Mayor Bill de Blasio’s call to raise property taxes on vacant lots in the Big Apple, as a way to get land owners off their butts and develop properties. We have no idea if this is at all applicable to Boston, for we’re admittedly not [...]

Let's talk Boston real estate. The most recent real estate comments

  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...
  • Matthew Mowell, Boston’s glut of new luxury apartments may bring down rents – and banks with them : One reason why...
  • greent, Boston Condos Sunday Open Houses: The editorial team unmistakably thanks ea and ea and occasionally every
  • Anumaneitaka, NAR job posting – needed: economist, spokesman, human punching bag: Вас не отпускают с работы? Не...
  • PROPERTY MANAGEMENT Oceanside CA, Blog: Thanka
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Don’t taunt them...
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Re Boston: If you venture out to...
  • anon, Five signs you’re a ‘renter for life’: Or you could very well understand finances and the...
  • anon, Return of low down-payment mortgages: Brilliant! Just keep lending more for less and prices must keep rising....

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