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Massachusetts Home Buyer Guide

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Boston May Be Walkable, But Driving May Be Less Expensive

Apr 9, 2015 10:43:06 AM

Boston has been in the news lately for its ranking as the third most walkable city in the United States, but ditching the car and living in the city probably isn't a home buyer's least expensive option. 

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Topics: Real Estate Market, Home-buying Tips, Real Estate Misc., Braintree MA, Boston, Andover MA, South End MA, Newburyport MA, Back Bay

Boston Condo Sales Dip in 2nd Quarter 2014

Jul 19, 2014 7:58:21 AM

Tight inventory and higher prices certainly factored into the second quarter having the fewest number of condominium sales in a couple of years in Downtown Boston, the Boston Business Journal reported July 17, 2014.  The BBJ obtained the data from the Listing Information Network, or Link, which is a Boston-based company that tracks real estate sales. 

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Topics: Real Estate Market, Massachusetts Home Prices, Boston, South End MA, South Boston, Back Bay

Dorchester (Boston) Home Prices, Sales Decline in February 2014

Apr 8, 2014 4:22:00 PM

Single-family homes sales in Boston's Dorchester neighborhood have declined 42 percent from seven sales in February 2013 to just three home sales in February 2014, according to data compiled by the Greater Boston Association of Realtors.

Through the first two months of 2014, there were six single-family home sales, down 33 percent from nine sales during the same period last year.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston, Greater Boston Association of Realtors, Dorcester MA

Boston Home Prices Up 9.1% in January, But Declined 0.5% Monthly

Mar 25, 2014 9:06:00 PM

The price of homes in Boston were 9.1 percent higher in January 2014 compared to January 2013; however, Great Boston Area home prices declined 0.5 percent compared to December 2013, according to the S&P/Case-Shiller Home Price Index, a survey of home prices in 20 metropolitan areas. The January 2014 report was released March 25, 2014.

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Topics: Real Estate Market, Massachusetts Home Prices, Boston, Case-Shiller Index

Case-Shiller Home Price Index Shows 9.6% Increase in Boston

Feb 25, 2014 1:43:00 PM

The price of homes in Boston were 9.6 percent higher in December 2013 compared to December 2012; however, home prices declined 0.1 compared to November 2013, according to the S&P/Case-Shiller Home Price Index, a survey of home prices in 20 metropolitan areas. The report was released February 25, 2014.

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Topics: Real Estate Market, Massachusetts Home Prices, Boston, Case-Shiller Index

West Roxbury (Boston) Home Prices Increase 5% in December 2013

Feb 17, 2014 11:30:00 AM

In December 2013, the median price of a single-family home in the West Roxbury section of Boston increased 5 percent compared to the median price in December 2012, according to data compiled by the Greater Boston Association of Realtors. 

The median price for a single-family home in West Roxbury, MA in December 2013 was $420,000, an increase from $400,000 the same month in 2012. From January through December 2013, the median home price increased 2 percent compared to prices in 2012. For 2013, the median price stood at $419,000 compared to $409,950 for a single-family home in 2012. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston, Greater Boston Association of Realtors, West Roxbury MA

South End (Boston) Real Estate & Community Guide

Jan 31, 2014 7:06:00 PM

The South End is one of the most popular Boston neighborhoods for those individuals who desire a vibrant community. Its tree-lined neighborhood streets are known for historic properties, many dating back to the 1800s; charming brick sidewalks; ethnically diverse restaurants; eclectic shopping; distinct art galleries; and many small, quaint parks.

Geographically, the South End is located between Back Bay and South Boston and in close proximity to the theater district, Chinatown, Beacon Hill and downtown Boston. The neighborhood extends from Massachusetts Avenue on the west to Berkley Street on the east and north to south from Columbus Avenue to Albany Street.

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Topics: Community Information, Massachusetts Relocation, Boston, South End MA

Ink Block: Luxury New Construction For South End Home Buyers

Jan 14, 2014 9:15:00 AM

For Boston home buyers looking for a new construction luxury condo in Boston's South End, the Ink Block development presents a rare opportunity. Besides nearly 400 apartments, the development will include 83 luxury condominiums known as the Sepia Condos at Ink Block. 

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Topics: Community Information, Massachusetts Relocation, New Construction, Boston, South End MA

Boston Renters See Higher Rents, Weigh First-time Home Buyer Options

Aug 13, 2013 4:43:00 PM

If the do-nothing landlord and the noisy neighbors weren't incentive enough, three straight years of rising rents in Boston have many renters weighing their first-time home buyer options.

For three straight years, rents in five of Boston’s student populated neighborhoods are rising while the vacancy rate has fallen below 2 percent, the Boston Business Journal reported July 19, 2013. Rental Beast, a Somerville-based real estate market tracker, compiled the data.

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Topics: Real Estate Market, Home-buying Tips, Boston

Boston Home Buyers Still Facing Lack of Real Estate Inventory

Jul 19, 2013 3:30:00 PM

The number of homes listed for sale across the U.S. increased by 4.3 percent in June to 1.9 million homes, the highest level in the last year, Realtor.com reported July 15, 2013. 

Nationally, the number of homes listed for sale stood 7.3 percent below year ago levels; however, the year-over-year decline stood at 18.6 percent in February 2013. June was the sixth straight month real estate inventories rose. 

Boston homeowners didn't get the memo.

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Topics: Real Estate Market, Massachusetts Home Prices, Real Estate Misc., Boston

Rising Rents Make More Tenants Want to be Boston Area Home Buyers

Jun 14, 2013 10:30:00 AM

The fact that rents in the Greater Boston Area are expensive isn't news, but the rate at which rents are rising might be a bit of a surprise for those individuals comtemplating entering the real estate market as first-time home buyers. 

Rents in the Boston Area increased 5.5 percent in May 2013, increasing faster than all other metro areas tracked except Miami, according to a report release by real estate Web site Trulia. Miami rents increased 6.4 percent in May.

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Topics: Real Estate Misc., Boston

Greater Boston Home Buyers Saw Price Increases in February 2013

May 6, 2013 5:37:00 PM

Greater Boston home buyers saw the average price of a single-family home increase by 5.2 percent in February compared to February 2012, according to the Case-Shiller Home Price Index, which was last released April 30, 2013. 

The report showed that home prices in Boston, using seasonally adjusted data, increased 1.1 percent from January to February. The index is made up of 20 cities, and all 20 cities have shown an increase in home values for at least two consecutive months on a year-over-year basis. 

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Topics: Real Estate Market, Massachusetts Home Prices, Boston

   

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