Developers will tell you that these deed restrictions are good for the unit owners because it keeps speculators out – that’s pure nonsense. …
Category: Boston Real Estate – General
In general, the valuation of higher-end properties can be elusive – they are less liquid and brokers often intentionally overprice properties to secure listings. …
Real estate development has been the city’s financial engine of growth for generations – is the current administration killing the golden goose? …
He states that they’re expensive to maintain, promote crime, and he cites “abundant evidence to show that high buildings make people crazy.” …
Realtors coached their clients to throw all caution to the wind with respect to winning bidding wars; we fail to see how this latest sales pitch is any different. …
In our experience, people don’t enter into selling agreements with brokers just for the fun of it – that’s like driving down 20 miles of bad road just for kicks and giggles. …
Developers love branding – you get a premium when you’re selling the “St. Regis” vs “150 Seaport Boulevard.” …
While developers are clearly sitting in the crosshairs of what may be the perfect storm, we see pockets of attractive value in traditional blue chip neighborhoods. …
Wasn’t it just a few weeks ago that the large firms were lecturing home buyers on “how to win a bidding war?” And what suddenly happened to the shortage of housing that we’ve heard so much about? …
Of the 11 condominium units listed in MLS at or above $10 million, many are seeking record high prices. We don’t see them as record nice properties. More importantly, we see meaningfully more attractive properties at substantially lower prices. …
The Batterymarch Insider is a brief snapshot of our current market thinking, together with objective commentary on properties that are actively on the market together with recent sales. …
Condominium fees are a fact of life in the downtown market. Like everything else, you get what you pay for – or do you? …
