Boston Real Estate Blog

Now displaying 1 to 6 posts of 50

Posted SATURDAY, NOVEMBER 15, 2008

Boston Home Buyers, Get into Negotiating Position!

Bridging the price gap between Boston home buyers and sellers can be a challenge in today's market. Sellers, many of whom have a hard time accepting that their home has lost value, often expect to sell for more than buyers are willing to pay.

Buyers, on the other hand, are concerned that home prices could drop further. So, they're making sure that they don't overpay.

There are exceptions to the rule. Very desirable homes in the best locations sometimes sell for over the asking price,... (more)

POSTED BY MICHAEL CARUCCI AT 07:59 AM 0 Comments

Posted THURSDAY, NOVEMBER 6, 2008

First Republic Expands in Boston

SAN FRANCISCO, Nov 06, 2008 /PRNewswire via COMTEX/ -- Bank Opens Second Office In Back Bay In Mandarin Oriental Hotel

First Republic Bank, a leading provider of private banking, private business banking and wealth management... (more)

POSTED BY MICHAEL CARUCCI AT 10:20 PM 0 Comments

Posted WEDNESDAY, OCTOBER 29, 2008

Boston Home Prices Were on the Rise in August, according to Case Shiller report.

It seems that the most-damaged housing markets – such as Phoenix, Miami, San Diego, and Las Vegas – only got worse in August, according to the S&P/Case Shiller home value 20-city index for August released today. That’s no surprise. What’s interesting to me is that cities such as Boston and Cleveland were climbing into positive territory (The ... (more)

POSTED BY MICHAEL CARUCCI AT 04:06 AM 0 Comments

Posted MONDAY, OCTOBER 27, 2008

Massachusetts Home Prices Down, Sales Up

From The Boston Globe

The Warren Group has reported that the median price for single family in September dropped to 15.6 percent, down to 300,000 dollars. This is the lowest home prices have been since 2003.

Home sales, on the other hand, have rose sharply – up 8.5 percent from last year. There were 3,637 sales of single family homes in Massachusetts last month.... (more)

POSTED BY MICHAEL CARUCCI AT 01:41 PM 0 Comments

Posted SUNDAY, OCTOBER 26, 2008

September existing home sales up 5.5 percent

WASHINGTON (AP) -- Sales of existing homes rose by the largest amount in more than five years in September. But analysts cautioned against reading too much into the gain, noting that it reflected conditions before the latest upheaval in financial markets increased the likelihood of a recession in the overall economy.

The National Association of Realtors reported that sales of existing homes rose by 5.5 percent from August to September to a seasonally... (more)

POSTED BY MICHAEL CARUCCI AT 06:58 PM 0 Comments

Posted FRIDAY, OCTOBER 24, 2008

High Rise Tower Proposed To Replace Government Center Garage

The Government Center garage, recently purchased by Raymond Property for $243 million, may possibly be converted into the cities largest sky scraper.

The garage, which has been dubbed "the ugliest building in Boston", is built out of concrete and takes up 2 city blocks.... (more)

POSTED BY MICHAEL CARUCCI AT 03:39 PM 0 Comments