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Boston, MA Real Estate News

  I wanted to take a second and thank all the people that have helped and made this launch possible. BOSTON/PRNewswire/ Think of urban living, and lofts are likely the first homes that come to mind. There's a reason for this: Lofts are one of the fastest-growing real estate trends, thanks to their versatility, their central location and the live-work movement. Now, thanks to the new Lofts.com (http://www.lofts.com), Boston loft renters, buyers and sellers are more connected to the loft lifestyle than ever. Launching first in Boston with plans to move into New York next, Lofts.com aims to be the hub of the city's booming loft market. "Our philosophy is simple: We'll use our passion for and knowledge of lofts to help our clients find their dream lofts," explained Lofts.com president Shuk...
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By Robert Nichols, MungoList.com
(MungoList.com)
For the month of September, year on year Boston Condo sales have declined 7.5% while condo values have only dipped 2.6%. The numbers are as follows:                        2008                2007 Volume            258                  279                  -7.5% Median Value   $341,000           $350,000         -2.6% SharpBuyers.com Can provide detailed real estate reports and real estate rebates to all buyers. Our rebates are 50% of our the buyers agent's total comission at closing.
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By Robert Nichols, MungoList.com
(MungoList.com)
Dorchester Condo sales volume in August 2008 has declined 27% versus August 2007. Additionally, the median sales price has declined 16% fro the same period. Dorchester has been hit hard by the mortgage crises and many recent home buyers were forced to sell short or allow there properties to be foreclosed on. The actual numbers are as follows: Total sold volume 2007 was 44 units while only 32 units sold in 2008. The median sales value was $254,250 in 2007 and dropped to $212,500 in 2008. For additional information about the Dorchester real estate market visit sharpbuyers.com
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By Robert Nichols, MungoList.com
(MungoList.com)
For the month of August, the year on year condo sales volume in Boston declined at a rate of 20%, while the median sales value rose by 4%. In August 2007, there were a total of 587 condos that sold in Boston, while only 469 sold in August of 2008.  The Median sales value in August of 2007 was $358,000.00 but rose to $372,500.00 in August of 2008. As in July, the Boston Condo value rose amidst a decline in year on year volume. SharpBuyers aims to educate buyers and can provide you with detailed reports as well as a real estate rebate to pay for closing costs.
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Franchise Articles & Interviews As a part of our ongoing quest to share the best in Franchise Information, we find that we are asked to either write franchising articles or participate in franchise interviews.  Of course, we want to make sure that our readers also have access to our latest thoughts on franchising so we have created a page on our website where we can share our latest efforts.  Sign up for a FREE subscription to our newsletter at http://www.educatedfranchisee.com If there are subjects that you would like more franchise information on, please feel free to contact us at info@educatedfranchisee.com.  Your question may become the subject of our next franchise article.        Download what everyone considering buying a franchise should know at http://www.educatedfranchisee.com...
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By Greg Afarian
(Virtual Media Realty & ZIPVO)
San Francisco may be on the radar as Tech Capital of the world but, Boston in our eyes should be considered the East Coast version of it.  Recently ZIPVO attended a Popsignal Event, Tech Cocktail, and most recently this Mashable event which was a social networking and social media blog.  This is an interview I had with Aaron from Stickam.  Check it out :-)   Please let me know if you have any questions or comments, CHEERS Greg
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By Robert Nichols, MungoList.com
(MungoList.com)
For the month of July 2008, the year on year condo sales value in Boston remained flat from 2007 to 2008, while volume dropped slightly at 12%. Here are the numbers: In July 2007 there were a total of 464 condos sold, while July of 2008 saw 408 total sales. The median value of sold condos in July 2007 was $375,500 and rose slightly in July of 2008 to $379,250. This represents a rise of approximately 1% in value and thus values have remained flat. This is an indication that the Boston market has remained relatively strong throughout the mortgage crisis. Although a decline in volume usually precedes a decline in value, Boston has a very healthy luxury market that should help keep values stable in the Boston market. For more information visit www.sharpbuyers.com. Sharp Buyers aims to educa...
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By Robert Nichols, MungoList.com
(MungoList.com)
Many Boston Buyers are unaware that they can receive a %50 commission rebate on their real estate purchases. As the internet plays a more signifcant role in Boston home buyers home search, buyers stand to save more than ever and here is why. With the large number of resources that enable consumers to narrow their home search on their own before they even step out of the house, real estate brokers have been forced to come up with new and creative strategies to attract thses proactive home buyers. As a result many brokers and agents have joined the SharpBuyers.com real estate network. These agents are Realtors that have decided to reward proactive home buyers by giving them up to %50 of their commission at closing. This creates a system where home buyers get a professional negotiator work...
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By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
I wanted to take a moment to let home buyers and sellers know that I am a Dorchester Real Estate Expert. I was born and Raised in Dorchester and know the neighborhood very well. In addition, I have been a licensed real estate professional since 2004. The type of understanding and knowledge one gains from living in a neighborhood for almost Thirty (30) years is priceless. I primarily work in residential real estate but I have also assisted in acquiring commercial real estate in the past. I look forward to working with Dorchester Buyers and Sellers by using both my neighborhood and real estate expertise to point buyers and sellers in the right direction to get them the best deal possible. My website is Bentley REGroup.com I look forward to helping you purchase or sell your home.
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By Robert Nichols, MungoList.com
(MungoList.com)
In May 2008, Boston Condominium sales volume decreased from 536 in May 2007 to 429 in May of 2008. This represents a 20% decrease in volume. Prices remained relatively even for the same period. In May of 2007 the Median price for Boston condo was $389,450 while in May of 2008 the median price was $388,000. This is a decrease of less than 1% in value, which means Boston Condo prices remain stable. Although prices remain stable the volume has significantly decreased which could lead to significant prices decreases in quaters 2-4 of 2008, if the volume doesn't rebound. This information was provided by SharpBuyer.com, Boston's Buyer Broker.
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By Robert Nichols, MungoList.com
(MungoList.com)
In May 2008, Boston single family home sales decreased from 111 in May 2007 to 73 in May of 2008. This represents a 34.2% decrease in volume. Prices also decreased for the same period. In May of 2007 the Median price for a single family in Boston was $385,000. In May of 2008 the median price was $356,000.00. This is an 8% decrease in value. Based on the data, it is clear that Boston single family home sales continue to decline. Home buyers stand to benefit the most during these market conditions.  This information was provided by SharpBuyer.com, Boston's Buyer Broker.
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By Robert Nichols, MungoList.com
(MungoList.com)
The Mandarin Oriental is a highly anticipated luxury real estate project located at 800 Boylston St in the Back Bay of Boston. The building will feature 50 condominiums, 25 apartments, 148 guest rooms and mixed retail space including a 16,000 square foot spa. The Mandarin and its highly touted management team promise to provide the highest quality of service to all who reside in its quarters. The Mandarin Boston will open in October 2008. It was originally slated to open in July of 2008 but after a fire that seriously damaged the spa; the opening date was pushed to October. There are currently three four condos available in this citadel of luxury. The amenities include the renowned Mizu Salon, a huge fitness center and spa, restaurants, and 5-star hotel services at the push of a button....
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By Maureen Reddy, Boston's Premier Home Stager
(DaVinci Designer Gallery)
FOR IMMEDIATE RELEASE          Contact: Maureen Reddy Tel.: 617-539-0241 Cell Phone: 617-319-2837 Email: davinci29@verizon.net Home Staging: Original oil paintings “Set the Stage” in Boston’s Real Estate Market HOME STAGER HANGS HER OWN ART TO CREATE A DESIRED ENVIRONMENT, ENTICE POTENTIAL BUYERS, AND MAKE THE SALE. Boston, MA- May 21, 2008- In today’s slumped market, where single-family home and condominium sales are down 28.3 percent and 35.6 percent respectively from last year, sellers are looking for any angle to set their property apart from the competition, to wow the buyer, and to close the deal. On the flip side, buyers are looking for the best value for their dollar along with a well designed and aesthetically pleasing space. Home stager/designer, Maureen Reddy, from DaVinci De...
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By James Harrison, Selling Made Easy
(Boston Bayside Properties)
I expanded into rentals for a number of reasons this year:The condo buyers I sold to a few years ago wanted the option to move while keeping their condo to come back to later on or to wait and sell later. There reasons were many (life style changes, commute to work, size of family, pets, etc).The buy side of my business ( the majority of it) needed some fresh life and another venue to contact buyers besides Open Houses, email marketing, postcards andI started working closer with the investors and found a large depend for quality tenants, because after they buy the 6-family or 3-family they always need it quickly tenanted.Most renters eventually buy and more most landlord eventually sell.Here are just a few great rentals I currently have:$1300/month for this Ashmont Hill 2nd floor unitAl...
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By Erik Lind
(4More Appointments)
I would like to introduce myself to the community. I have recently been appointed to the Center Director of 4 More Appointments, Inc. 4 More is marketing company that specializes in creating inbound business for our customers. We transfer live calls, set face to face appointments and support on site call center consultation for the inusrance, financial and mortgage industries. The fact is most reps and agents don't fail in these industries because they can't pass the exams. On the contrary; almost all pass the exams and then fail because they run out of prospects to share their knowledge and expertise with. The companies have divested themselves of salaries and benefits and forced the sales force into a self employed status with zero marketing budget.   These industries have gone throug...
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By Greg DiGiorgio, EXPERIENCE | INTEGRITY | RESULTS
(DiGiorgio Realty Group)
This is a question I get asked pretty much on a daily basis.  I could be in Dunkin Donuts, the cleaners, convenience store, or the dentist.  If someone knows that I'm a Realtor the question usually follows.  Here's the deal, its good for some, and not good for others.  Let me explain.   If you are planning to buy a home right now and want to sell it for a profit in 2 years, its probably not a good time to buy.  However, if you plan on staying in the home for at least 5 years, its definitely a good time to buy.  Now on the selling side, if you just bought around 2003 or 2004, HOLD ON TO YOUR PROPERTY IF YOU CAN!!  If you don't have to sell right now don't.  Get out of the adjustable rate mortgage, get into a fixed rate, and hold on for a little while longer.  I know this is easier for so...
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Growing up in Cambridge, MA was not only a great childhood experience and memory; it was also being able to see the history that surrounded my hometown.  Only a hop, skip and a jump to the heart of Boston, I use to love taking the trolley from Lechmere station into what I felt was the greatest place on earth.  Quincy Market and Faneuil Hall hold many dear memories for me.  Where else can you go and find so many beautiful arts and crafts as well as food from every corner of the earth? The feeling as you would walk out from the trolley station and you felt that first gust of wind; you knew you were in Boston. The fluttering of the pigeons perched high on the buildings as well as the business men and women shuffling threw the crowds. The sounds of beautiful music being played by the local ...
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By Robert Nichols, MungoList.com
(MungoList.com)
Boston Real Estate Report By SharpBuyers.comAs we enter into the slowest time of the year for real estate sales it is important to keep a closer eye on the market. This is why SharpBuyers.com is providing this vital report that gives consumers an in-depth look at the real estate market. There are several different ways this information can be utilized. For buyers, declining home prices may be an indication to wait until the market bottoms out before purchasing. The flip side of that philosophy is that the only way to know when the market has hit rock bottom is when it starts to come back up. Hence, you run the risk of missing out on great deals by trying to perfectly time the market. My advice, buy today with the intent to hold. Many investors forget that real estate is a long term inve...
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