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      Agent Spotlight

      About Michael

      Executive Vice President of Gibson Sotheby's International Realty, Michael Carucci has been one of the most trusted names in the Boston real estate market for more than 30 years.

      Michael is one of Boston's highest producing agents and is consistently ranked in the top 1% in sales volume for the Greater Boston area. He is a recognized expert in the residential and commercial Boston real estate market and is regularly quoted in articles, appearing in the Boston Globe, Boston Herald, Boston Business Journal, and Banker & Tradesman. He is also a contributing editor for Boston Common Magazine...

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      Michael's Testimonials

      Michael has an exceptional ability to uncover opportunities in an otherwise very competitive market. His follow through and execution make all the difference.

      Michael is knowledgable, patient, and professional. If you’re considering a sale or purchase, I recommend Michael Carucci.

      Michael Carucci's knowledge, advice, and guidance of the property market is extraordinary. Coupled with Michael's genuine concern for the welfare of the family in a stressful [...]

      "What sets Michael apart from other brokers is his attitude that the job doesn't stop when the ink dries on the closing papers. He was a tremendous help when my family and [...]

      "Michael is a star broker. By that, I mean he brings buyers and sellers together and makes deals happen. Both parties leave the closing table happy. He knows everybody and everybody knows him. [...]

      Michael did a great job closing the deal for us per my specific requests. He is very responsive - he always picks up the phone when I call him. I highly recommend him.

      Michael represented me on both the sale of my home and the purchase of a new one that better suited my family. Michael’s execution was flawless and I would highly recommend him for any of [...]

      Working with Michael is always a pleasure. Whether on a residential sale or purchase, or a larger multi-family or retail transaction, you know that your interests are being looked after by one of [...]

      Blog :: 12-2014

      Bo$ton - A One Hundred Billion Dollar City

      According to the Boston Globe, we live in a One Hundred BILLION Dollar City ~ 110 Billion, to be exact.

      Boston for the first time in history has an assessed real estate value of over $110 Billion Dollars according to city assessment records. And with millions of square feet under construction, the potential of being an Olympic host city, the boom of the Seaport District and completion of the Big Dig, it seems it will not be slowing anytime soon. 

      For many investors, and for those thinking about selling this is great news but for some this news is not all good. With the increased value of real estate (nearly 10% in the past year), and the largest increase since 2007, will come hefty tax increases. Fortunately, state laws prevent increases more than 2.5% in a one year period.

      To read more about what this all means to our beloved Boston, check out the Globe's article at the link below.

      http://bit.ly/1ArSbDy

      If you're looking to find out the value of your property, you can reach one of experts at 617-901-7600.

       

      'Tis The Season To List Your Home

      According to a 2013 study by online real estate brokerage firm, Redfin, stronger housing markets including Boston, see a sales advantage when listing during the winter months compared with any other season. This could be because typically many sellers will pull their listings during the holiday season, decreasing inventory and competition for those remaining on market or because Boston sees many corporate, academic and medical transfers during these months coming in after the first of the year. 

      This information combined with data suggesting that Boston continues strong growth in the million dollar luxury market with millenials now joining the ranks of buyers means more opportunity for sellers than that seen in previous years. 

      Bundle in historically low interest rates making home owning more desirable and less expensive than renting in many markets, and you've got a potentially great holiday bonus when you list your home at this time of year.

      To understand the value of your home and market trends in your neighborhood, contact Michael Carucci directly at 617-901-7600.

      Mortgages Poised To End Year On A Low Note.

      Mortage rates continue to trend downward as the year comes to a close. Last week, 30-year rates dropped BELOW 4%, the lowest interest rate since this past May. This amount is only slightly lower than December 2013 and mortgage rates have stayed consistantly low since last year.  Lower rates combined with reduced home sales prices, typical at this time of year, could entice many homeowner to shop for a new home this holiday season. 

       

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        Olympics By the Numbers and Cents

        With Boston placing itself as a candidate to host the 2024 Summer Olympics, this blogger took a look at some of the numbers being played in the Olympic games:

        THREE - The number of years we must wait for the Olympic Committee to decide it's host

        FOUR - The number of US cities vying for the honor. (Boston, Washington, San Francisco and Los Angelos)

        FIVE - The number of continents hoping to host

        SEVEN - The number of years it will take the host city to prepare

        NINE - The number of bidders in 1995 for the 2002 Winter Olympics; (and TWO the number of bidders in 2014 for the 2022 games)

        TEN - The number of countries potentially submitting bid

        TWELVE - the number of bidders in 1997 for the 2014 Summer Games; (and THREE in 2013 for the 2020 games.)

        SEVENTEEN - The number of days the event lasts

        THIRTY - The amount of competition venues that are required

        EIGHTY THOUSAND - The number of seats needed for the largest of venues

        TWENTY - The number of acres required to build the largest venue

        FORTY-FIVE THOUSAND  - The number of hotel rooms that will be needed

        TWO HUNDRED THOUSAND - The size of the work force needed

        $1 BILLION - The amount of dollars needed to build just the largest of venues

        $4.5 BILLION - The amount of private funding needed to build all Olympic venus