“The Batterymarch Insider” is a brief snapshot of our current market thinking and some highlights of what we see going on in the downtown Boston market. As always, our “terms of use” apply. We encourage you to subscribe. In this issue: Seller Fatigue, Shadow Inventory, and Winter Deals $10 Million Condo Club Gets a New Member A Mulligan on Commonwealth Avenue Millennium Tower, unit 5403 – Seller Takes a Painful Hit – Well Bought 50 Liberty Drive, unit 6 – …
Month: December 2020
“The Batterymarch Insider” is a brief snapshot of our current market thinking and some highlights of what we see going on in the downtown Boston market. As always, our “terms of use” apply. We encourage you to subscribe. In this issue: Why the Back Bay is the Proxy for the Boston Luxury Market “Luxury” – The Most Abused Term in Real Estate 170 West Brookline – Impressive Single Family with Impressive Price 342 Marlborough Street, unit 1- Seller Had the …
“The Batterymarch Insider” is a brief snapshot of our current market thinking and some highlights of what we see going on in the downtown Boston market. As always, our “terms of use” apply. We encourage you to subscribe. In this issue: Investors dumping condominium units New Four Seasons – no takers, bad omen for new developments 288 Commonwealth Ave, PH – It’s not the broker, it’s the price 315 Commonwealth – $9.0 million shell, we see value – Well Bought …
The Illusion of Fiduciary Duty in Real Estate Early in my real estate career, I had a client who was looking to buy a Beacon Hill home. We looked seriously at a relatively expensive property that was being offered by the firm that I was then affiliated with. After some due diligence, I uncovered a litany of fairly serious compliance problems with the property. I brought the issues to the attention of the office manager and I was shocked when …
