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 [...]
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Archive for the 'Boston real estate condos news' category
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.
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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.
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 [...]