
Boston’s Luxury Condo Market Still Cold
Red hot for years, has the Boston luxury condo market finally lost its sizzle? It looks like it – and developers’ ability to offer cash back at closing could be keeping prices from coming down.
Red hot for years, has the Boston luxury condo market finally lost its sizzle? It looks like it – and developers’ ability to offer cash back at closing could be keeping prices from coming down.
Massachusetts real estate leaders are standing by the beleaguered National Association of Realtors, saying its long-term benefits far outweigh the short-term turmoil now engulfing the 1.5 million-member organization.
Springfield and Worcester real estate leaders are flattered that their areas are expected to be among the top performing housing markets in the U.S. in 2024. The only problem: They’re not sure either market is up to the job.
The Boston Marathon’s route, which stretches from the outer suburbs to downtown Boston, isn’t paved in gold – at least not yet. But some communities along the 26.2-mile course have seen home prices explode.
William Raveis Inc. has launched a new service it says will help buyers compete with all-cash offers in an incredibly tight real estate market.
Like most other employers across the state, local real estate leaders are mulling how much office space they’ll need for agents and other operations after the COVID-19 crisis fully recedes and the economy slowly returns to a new normal.
William Raveis Real Estate luxury agents have a new pool of potential clients – Boston Red Sox players – and an extensive marketing deal with the team that launches today.
Things are going from bad to worse when it comes to housing production in Massachusetts. And it comes as the dearth of both new and existing homes on the market is starting to push prices, already far too high, to truly insane levels.
The residential real estate market’s strong start last year ultimately became a preamble to dramatic increases in single-family sales and prices, and incredibly low inventory nearly throughout the commonwealth.
Has Boston’s ridiculously hot condominium market finally peaked? After rising for years, the price of Boston condos put under agreement actually fell in the first quarter of 2019 to $639,000, a drop of $10,000, or 1.5 percent.
William Raveis Real Estate, Mortgage & Insurance has acquired Windwalker Real Estate, with which they merged in 2015 to create the William Raveis Nantucket office.
William Raveis Real Estate Mortgage & Insurance has relaunched its Nantucket office.
A former Boston-based real estate agent has been charged with stealing more than $166,000 from 19 individuals, including his co-workers and acquaintances.