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Archive for the 'Boston real estate condos news' category

The inventory blues just won’t go away

The Massachusetts Association of Realtors released new monthly sales and price numbers for June, showing that statewide sales were down (again) and prices were up (again) for both single-family homes and condos. Nothing really new here. But what caught our attention (again) is that inventories of homes for sale were down 6.9 percent and condos [...]

Your dream 315-square-foot home for only $329,000

Have we got a deal for you: A 315-square-foot home for only $329,000 in Manchester-by-the-Sea. That comes out to only $1,044 per square foot! So act fast! Actually, it’s quite cute. It’s just that … that … that … it’s so small.

Parking lot to be turned into 44 condos along Greenway

Here’s a simple use of a small amount of space: A parking lot in the Broad and India street areas, along the Greenway, would be turned into 44 condos (not apartments) by Boston Residential Development. At a total project cost of $40 million, it’s safe to say the condos most definitely will fall into the [...]

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 [...]

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 [...]

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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