The impact of waiting a year to purchase metro Boston real estate is significant with regard to your monthly payment. The following chart shows how mortgage affordability is affected at various purchase price points.

Marketing real estate is a funny business. Day in and day out, Im asked by people what I think their property is worth. Its not a bad question.

Last week I wrote a blog post about unitboston.com's "Near Me" search for mobile Boston real estate homebuyers. (Check out the post and watch the video if you have any questions about how the app works on your smartphone.)

Attention all you mobile Boston real estate shoppers, when you're on the go and want to see what's for sale near you, jump over to unitboston.com on your smartphonethere's nothing to download, or install.

Boston Real Estate and the Starbucks effect | Yes, you can overprice...

As you are no doubt aware the Boston real estate market is white hot. Homebuyers are very active in the marketplace, and home sellers are scarce. The inequality of demand to supply has lead to historic low housing inventory levels and has kept most of greater Boston real estate in the grips of a seller's market for years.

February condo sales closed down by almost two percent compared to the year before. Median prices continued to go up as supply continues to be down. Sellers were waiting out Mother Nature to add their homes to the market keeping new listings down in February.

Heres February 2015s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.

(Multi-family housing activity comparing February 2015 to February 2014)

What fuels Boston real estate values? The answer is the same thing that fuels the rest of us: coffee. In fact, the value of homes within a quarter-mile of a Starbucks rise faster than those that aren't, according to a recent Zillow study.

Spring-Forward 2015: What 'that' hour means in terms of Boston area real estate