Boston’s Next Wave of Buyers: From Global Investors to Local Tech Founders
International capital is flowing back into Boston’s high-end real estate while local entrepreneurs are competing for the same premium properties.
International capital is flowing back into Boston’s high-end real estate while local entrepreneurs are competing for the same premium properties.
The Big Beautiful Bill could see homeowners hold off on selling homes, further constraining the numbers of homes hitting the market across Massachusetts.
A build-up of inventory is reshaping the larger Greater Boston housing market, but things are playing out a little differently in the luxury space.
Boston’s luxury multifamily market is showing signs of a slowdown, and it is unlikely things like luxe amenities will move the needle in generating more sales.
Owners of luxury homes in Boston can take solace in this fact: At least they’re not in San Francisco, even as new data shows the region’s high-end housing market is moving noticeably slower than the rest of the sector.
We sold through more than half of our available inventory within a matter of months after opening our sales gallery. Just one year later, we have sold nearly 80 percent.
Firm pricing can’t be explained away by supply and demand dynamics. Rising inventory and declining sales suggest weaker prices. So, what’s going on? I suspect that the answer lies in marketing myths.
First Republic Bank was the dominant force financing Boston’s luxury real estate scene in the last 10 years, and its sudden failure is leaving questions lingering in the air.
This year got off to a strong start and we even had a scattering of suburban-esque bidding wars, but it hasn’t been all fun and games for every developer. However, a significant decline in transaction volume in luxury neighborhoods is cause for concern.