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Archive for the 'Boston real estate condos news' category


Owner of Beacon Street home are suing the welder for starting deadly fire

The estate of the Beacon Street brownstone where two firefighters died fighting a blaze are suing the welding company that was doing work nearby on another home. The estate is also suing the owners of the adjacent property where the welding work was being done. The suit alleges the welding work was not permitted by [...]



Beacon Hill group objects to Government Center Garage plan

The Beacon Hill Civic Association has joined two other neighborhood groups in writing a joint letter to the state outlining their concerns about the massive redevelopment of the Government Center Garage. From the Beacon Hill Times: The letter states that no city or state plan has addressed the “additional traffic, public transportation and infrastructure demands, [...]



Developer makes $2M profit on Back Bay renovation-flip deal

We heard about this deal a few days ago. But not the actual numbers that allow you to figure out the true profit. From the BBJ: A 4,600-square-foot brownstone in Boston’s Back Bay that was gutted and restored, sold at list price in 22 days for $5.5 million. Koby Kempel, CEO of Pegasus Luxury Homes [...]



The Year of the Crazy Buyer

High demand and low inventory – combined with fears of rising interest rates – may well lead to trouble this year in the Boston housing market, Scott warns: It’s a brew that almost guarantees that 2014 could see the return of the desperate buyer, that poor soul who is convinced of the need to buy [...]



Under the limelight: Beacon Hill’s 22 Joy Street

The sale of 22 Joy Street, a 10-room single-family brick rowhouse, got a big write-up this past weekend. The asking price is $2.7 million.



Good-bye, mom and pop landlords. Hello, Deutsche Bank AG

We told you in August that Wall Street was about to get into the business of selling securities backed by monthly rent payments paid by average Joes. Now the new investment phenomenon has apparently arrived. Bloomberg News reports that Deutsche Bank may start marketing nearly $500 million in the securities later this week, based on [...]



In terms of home prices, Boston is approaching Silicon Valley levels

Many people love to compare Boston and Silicon Valley for tech reasons, but here’s one comparison we could live without: Home prices. Scott explores whether Boston is now approaching Silicon Valley-like home prices. We’re not there yet. But it’s certainly a valid concern considering the trends here. Fyi: Facebook, which moved from Cambridge to northern [...]



Ninety buyers vie to purchase Unitarian Universalist’s Beacon Hill properties

It’s probably one of the biggest sales ever on Beacon Hill – and one of the biggest potential buying frenzies. The portfolio includes the church’s six-story headquarters at 25 Beacon Street, as well as 39-41 Mount Vernon St. and 6-7 Mount Vernon Place. Joe Clements had the scoop first at The Real Reporter: Barely six [...]



A return to no-money-down mortgages?

From the BBJ: No money? No problem, says a team of federal regulators hashing out industry-wide home lending standards. In a victory for banks, a new proposal for the so-called “Qualified Residential Mortgage” rule is much less restrictive than the original version published in 2011. The new standards allow no-down-payment options and protect banks from [...]



Nordblom unveils plan for 560 new apartments on Harrison Ave.

Yikes. Nordblom Co., owner of the old Teradyne Building right across the street from the Ink Block project in the near South End, has filed plans through an apparent subsidiary to construct two buildings on the site of the adjacent Graybar industrial facility (see above) on Harrison Avenue. The project would total 515,000 square feet, [...]



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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