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Archive for the 'Boston Luxury Living' category


MA Luxury ‘nabes’ and foreclosures

Banker & Tradesman reported today that foreclosure prevention counselors have been noting in recent months that the problem has now spread to more affluent nabes.
A quick check at some of the foreclosure auctions that have taken place in the last year throughout the Bay State shows there has been a spike in the number [...]



Boston’s Luxury Condo Market Rebound

Boston’s luxury condo market is starting off 2010 in better shape, after suffering through a rocky couple of years.
Excerpts of a radio interview with Tracy Campion on WBUR 99.9 fm:
Tracy Campion sells units at one development, Bryant Back Bay. She said the crash rattled her clients, even the ones who pay with cash. “There’s still [...]



Newton, MA ranked one of the highest-income cities in U.S.

The Great Recession certainly took its toll on cities across the United States. But even with high unemployment rates and declining wages, some communities have done very well for themselves. Portfolio.com surveyed 420 of the largest cities and Newton, MA came in second for highest income.
Excerpts from Portfolio.com: Rich City, Poor City
Newton. MA ranked 2nd.
Median [...]



Boston Luxury Condo Developments

Update on the Boston luxury condo development front:
45 Province Street – 16 condos sold.
The Clarendon – 13 condos sold.
The W – 8 condos sold.

Online Surveys & Market Research



Boston Luxury Home Prices Gain

Prices for the most expensive U.S. homes rose in 12 of 17 cities tracked by S&P/Case-Shiller indexes, which also included Boston.
The following is an excerpt from Business Week:
“It does indicate that this is real demand and not just a statistical aberration,” said Karl Case, a co-creator of the indexes. “The ones coming in and buying [...]



Boston Luxury Condos – The Clarendon

Number of Boston luxury condos sold at The Clarendon – 6
Average sales price – $902,833.00
Median sales price – $720,500.00
Average price per sq ft. $1,033.00
How many did The Clarendon say they had under agreement back in September 2009? Err … 30%?




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