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.
January home sales closed lower compared to last year as low inventory and end of month snow pushed off some closings. Median prices continued to go up as supply continues to be down.
Heres January 2015s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing January 2014 to January 2015)
2014 ends on a high note with single-family closed sales up in December. Strong buyer activity, lower inventory and low interest rates pushed prices up again on homes in December.
Real Estate Radio Boston is a weekly real estate program broadcast on WBZ News Radio 1030 each Saturday night hosted by mortgage broker Rick Scherer and real estate lawyer Ali Alavi.
Strong buyer activity and low interest rates have pushed prices up on the homes that did close in November. While overall inventory of homes for sale is down statewide, there continues to be pockets across the state that are seeing increases.
Continued buyer activity and moderating prices pushed closed sales up in October. Inventory of homes for sale continued to go up in individual neighborhoods and markets across the state.
371 Hanover Street #3 is a charming one bedroom condo in the heart of the North End convenient to all the great restaurants and the waterfront. Granite stainless kitchen with breakfast bar opens up into a large living area great for entertaining.
Only real estate professionals who are members of NATIONAL ASSOCIATION OF REALTORS® may call themselves REALTORS®. All REALTORS® must subscribe to NAR’s strict code of ethics, which is based on honesty, professionalism and the protection of the public.
