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Archive for the 'Boston Real Estate' category


Photos of Ink Block construction project on Harrison Avenue

We were down in the Sound End area over the weekend and decided to take some photos of the massive construction projects that are now transforming the area along and around Harrison Avenue. Today’s photos are of the Ink Block mixed-used development, overseen by National Development, now under construction at the old Boston Herald site [...]



‘Manufactured homes’ may be key to affordable housing in Mass.

The Globe has an editorial calling for the Walsh administration to re-think construction codes and other city ordinances in order to make it easier to build more affordable “manufactured” homes in Boston. It’s a long over-due idea and suggestion that applies to all of Massachusetts, not just Boston. First of all, many people need to [...]



Blackstone sells off Boston office towers for $2.1 billion

OK, this isn’t residential news. But it’s huge commercial real estate news in Boston: Blackstone is selling off more than 3 million square feet of its office holdings in Boston for $2.1 billion. We’re talking about 100 High Street, 125 Summer Street, 60 State Street, 225 Franklin Street and half of Rowe’s Wharf. Is there [...]



Much of Boston’s housing boom is fueled by foreign investors

Here’s an article that rightly notes how many of the Boston area’s home sales these days are by foreign buyers from China, France, India, Israel and other nations — and they often pay in cash. Some of it is driven by attractive exchange rates, good investment opportunities and just an old-fashioned desire or need to [...]



East Boston leads state in first-quarter housing market performance

The BBJ has excellent rankings of how the housing markets performed in the first quarter in towns and neighborhoods in Massachusetts. At the very top of the list is East Boston, where prices have soared by 15.6 percent over the past year. The No. 2 spot went to the town of Sharon, which was recently [...]



Boston landlords not happy with energy-audit plan

Mayor Walsh is apparently pushing for a compromise 120-day delay in implementing a new program requiring energy audits of large apartment buildings in Boston. The Greater Boston Real Estate Board wants a full-year delay – and isn’t happy with just a 120-day delay. Actually, it’s safe to say the board, which represents apartment owners, would [...]



Are re-zoning changes coming to your Boston neighborhood?

Mayor Walsh plans to announce today the creation of a new “zoning czar” position as part of an overall effort to re-zone parts of the city to make them more business friendly. It’s probably a good idea. Mayor Walsh seems really eager to bring more business to Boston — and that’s very welcome. But, hopefully, [...]



Downtown condo prices now averaging near $1 million each

The first two sentences say it all: The price of living in the heart of Boston is fast approaching an average of $1 million, as condominium sales sizzle and values surge. Condominium sales in downtown Boston and surrounding sections — including Beacon Hill, the Back Bay, and the South End — jumped more than 17 [...]



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 [...]



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

  • Tyler Mills, Lenders go into overdrive to clear out backlog of delinquent mortgages: Instead of forcing out the...
  • warren currier, ‘Boston’s faux housing boom’: Scott, Do you own any units in Boston? Supply /...
  • Nishant, Major Developers: Affordable homes can only be built outside downtown Boston: Yes, this is correct that...
  • warren currier, Done deal: Dr. Dre buys Tom and Gisele’s mansion for $40M: The property is located in LosAngeles,...
  • JS, Despite predictions, inventory of homes for sale continues to fall in Mass.: One thing that could be holding...
  • dcmhomebuyers, For 74 Beacon Street, it was the kitchen, stupid: Nice house. I think front section to location of...
  • Johnd478, Five signs you’re a ‘renter for life’: I just couldnt depart your site prior to...
  • Dionis Padron, Downtown condo prices now averaging near $1 million each: great article but prices for standalone...
  • 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...

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