Boston Homes Blog

Marilyn Jackson Blogs about the Boston Housing Market

Marilyn Jackson & others offer comments on news and market trends in the Boston real estate market.

 

Museum houses focus on domestic life

Posted by on Apr 4, 2014 in Blog about Boston Real Estate, Boston | 0 comments

The Boston House Museum Alliance will present “Bostonians at Home: Servant Life in Downtown Boston,” with 40-minute tours of three participating properties being held at noon, 1:30 and 3 p.m. Saturday, April 12 and May 17. The Gibson House at 137 Beacon St. will offer a rare opportunity to see the service spaces of a row house in a virtually unchanged state, including the kitchen, pantry, laundry and coal shed. The tour will focus on the daily routine of domestic help highlighting the relationship between servants and house owners as well...

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Help for energy improvements

Posted by on Apr 2, 2014 in Blog about Boston Real Estate | 0 comments

Renew Boston, in partnership with National Grid and NSTAR, has extended until June 1 its “whole building incentive” program to help reduce the cost of energy, particularly in two- and three-unit buildings. Boston residents and owners of two- or three-unit buildings first must schedule a no-cost home energy assessment for each unit. During the assessment a home energy advisor will be able to install energy saving light bulbs, programmable thermostats, low-flow showerheads and advanced power strips if you need them at no cost to you. At the...

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Pending sales jumped in February

Posted by on Mar 11, 2014 in Blog about Boston Real Estate | 0 comments

A total of 1,533 condos in the survey area of the Massachusetts Association of Realtors went under contract in February, a 17 percent increase from a year earlier. In January, 1,421 condos had purchase and sale agreements. The median listing price was higher than a year ago but down from January. The number of single-family homes placed under agreement soared from a year ago, from 2,980 homes in February 2013 to 3,587 this year. In addition, the February data were higher than a month earlier when 3,151 homes went under contract. The median...

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Raising awareness

Posted by on Mar 4, 2014 in Blog about Boston Real Estate, Boston, Downtown Boston | 0 comments

Raising awareness

Three Boston icons – South Station, the Prudential Center and the Leonard Zakim Bunker Hill Bridge – and local billboards owned by Clear Channel Outdoor Holdings throughout Boston are bathed in a bright orange glow this week to bring awareness to multiple sclerosis. The Greater New England MS Society is seeking support for MS research and services that would help people living with the immune-mediate disease during National Multiple Sclerosis Week from March 3 through 9.  The digital billboards at South Station will display an orange...

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Boston housing data trend higher

Posted by on Feb 28, 2014 in Blog about Boston Real Estate, Boston | 0 comments

The Greater Boston Association of Realtors, which serves 54 communities in eastern Massachusetts, released housing data for January at the same time as did the Warren Group and the Massachusetts Association of Realtors. In this more specific market, sales volume dipped for single-family homes but rose slightly for condominiums, but being closer – and including Boston – the median sale price for a single-family home was higher than the statewide number – $485,100 – and for a condo – $420,500. In a breakout for Boston, closed sales...

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Winter housing data look good

Posted by on Feb 28, 2014 in Blog about Boston Real Estate, Boston | 0 comments

Across Massachusetts, both median sale prices and the sales volume of single-family homes and condominiums increased in January from a year earlier, according to the monthly report from Banker & Tradesman, published by the Warren Group. A total of 2,728 homes were sold compared to 2,599 a year earlier, pushing up the median sale price from $280,000 to $315,000. For condominiums, January sales totaled 1,144 compared to 981 last year. The median selling price rose from $240,000 to $300,000, marking the January median sale price as the...

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Pending sales rise in November

Posted by on Dec 10, 2013 in Blog about Boston Real Estate | 0 comments

Pending sales rise in November

The number of condominiums that went under agreement in November increased for the 31st consecutive month in year-over-year comparisons, according to the Massachusetts Association of Realtors. Pending sales of single-family homes also increased from the same period last year. The median sales prices of condos and single-family homes, however, did not change dramatically. On a year-over-year comparison, the median sales price of a condo was $294,835 compared to $285,000 last November. In October, the median sales price was $295,000. A total of...

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Mandarin condo was top October sale

Posted by on Dec 6, 2013 in Blog about Boston Real Estate | 0 comments

Mandarin condo was top October sale

The most spectacular and expensive condominium sold during October was the custom-designed, two-bedroom residence on the 10th floor of the Mandarin Oriental at 776 Boylston St., which has access to all the amenities of the five-star hotel. This über-luxe Back Bay home, Unit E10B, sold for $4.4 million. Tracy Campion of Campion and Company Real Estate was both the listing and selling broker. The entry to the 2,486-square-foot residence has a glossy mahogany door and slate foyer. A powder room with an onyx-topped vanity and hammered nickel bowl...

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Beacon Hill house tour to benefit Nichols House Museum

Posted by on Nov 28, 2013 in Blog about Boston Real Estate, News | 0 comments

Beacon Hill house tour to benefit Nichols House Museum

  The Nichols House Museum’s Beacon Hill holiday house tour, an eagerly awaited event, will feature a spectacular selection of some of the finest homes and will be held from noon to 4 p.m. Sunday, Dec. 8. Advance tickets are $100 per person or $120 on the day of the tour. A festive reception will be held afterward at the American Meteorological Society, 45 Beacon St. Seven extraordinary private homes that represent the quintessence of Beacon Hill will be open. In addition, the tour ticket will allow admission to the Nichols House museum...

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Consumer hearing set Nov. 20

Posted by on Nov 19, 2013 in Blog about Boston Real Estate, Boston, News | 0 comments

The Consumer Financial Protection Bureau (CFPB) will hold a public hearing on its “Know Before You Owe” mortgage initiative at 11 a.m. Wednesday, Nov. 20, at the Back Bay Events Center, 180 Berkeley St. This is one of a series of field hearings focusing on consumer financial products and services. CFPB director Richard Cordray will offer remarks, and senior bureau officials, consumer groups and industry representatives are scheduled to testify. This is open to the public.    

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Numbers to look at

Posted by on Nov 15, 2013 in Blog about Boston Real Estate, Boston, News | 0 comments

An independent online publisher of information about mortgages and consumer loans has just released its third quarter analysis of how much you must earn to afford to live in the top 25 metropolitan areas across the country. Boston is more affordable than New York City, Los Angeles, San Diego and San Francisco but pricier than Washington, D.C., Seattle, Denver, Portland, Ore., and Baltimore. It ranks 21 among the 25 cities. HSH.com used data from the National Association of Realtors. In addition to looking at 30-year, fixed-rate mortgages and...

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Boston is fiscally healthy

Posted by on Nov 8, 2013 in Blog about Boston Real Estate, News | 0 comments

Boston ended the 2013 fiscal year with a surplus of $8.2 million, which will be added to the year-end fund balance. The surplus is not as high as the previous year but still is reflective of the city’s conservative approach to fiscal management. The city has a rating of Aaa from Moody’s and AA+ from Standard & Poor. The Boston Municipal Research Bureau provided this data. The city received $28 million more in revenue than had been budgeted, but that was reduced by higher than budgeted expenses for overtime in the police and fire...

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September snapshot

Posted by on Oct 25, 2013 in Blog about Boston Real Estate, Boston | Comments Off

The Greater Boston Real Estate Board reported some interesting statistics for Boston in September compared to a year ago. Sales are up; median prices are up; pending sales are up and new listings are up. But, inventory is down, and months of supply are down. Also down is the number of days on market. More specifically, home sales – condominiums and single-family homes – totaled 504 in September, compared to 404 a year ago. Year-to-date, 4,436 sales have closed, compared to 4,207 at the same time last year. Median sales prices are inching...

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Residents begin to move into stunning Millennium Place

Posted by on Oct 18, 2013 in Blog about Boston Real Estate, Downtown Boston | Comments Off

Residents begin to move into stunning Millennium Place

It’s been exactly a year since the sales office opened for the 256 über luxe residences at Millennium Place, and this week the volume of sales reached 85 percent. In addition, the first residents began to move into their new homes. “We’re thrilled,” said Richard Baumert, a partner at Millennium Partners, which developed the 15-story glass, steel and brick mixed use complex at 580 Washington St. Altogether there are 256 residences. The staff is on board, having undergone an intense two-week training program. Although residents cannot...

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Oct. 19 house tour celebrates rich history of South End

Posted by on Oct 11, 2013 in Blog about Boston Real Estate, South End | Comments Off

Oct. 19 house tour celebrates rich history of South End

The South End Historical Society’s 45th annual South End house tour will be held from 10 a.m. to 5 p.m. Saturday, Oct. 19, rain or shine. The theme this year is “Back to Our Roots” and highlights six outstanding residences and three public spaces – Hayes Park, Harriet Tubman Park and Hiscock Park. All the homes are unique, reflecting various styles from traditional to contemporary. One of the homes is a recently converted triplex, and another is a single-family home that previously had been condominiums. Another townhouse is one of the...

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Boston urban park chosen among top 10 great places

Posted by on Oct 11, 2013 in Blog about Boston Real Estate, Waterfront North End Financial District | Comments Off

Boston urban park chosen among top 10 great places

The American Planning Association has chosen the Norman B. Leventhal Park in Post Office Square and the Mount Auburn Cemetery in Watertown and Cambridge as two of the top 10 great public spaces in 2013. Leventhal, a developer, conceived the park in Post Office Square in 1981, which opened 10 years later. The park is actually the rooftop of a 500,000-square-foot underground garage, which replaced an ugly above-ground facility. Today it also is sustainable in keeping with the green building movement. It now has a computerized irrigation system,...

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Heritage on the Garden sees spectacular September sales

Posted by on Oct 4, 2013 in Back Bay - Midtown, Blog about Boston Real Estate, News | Comments Off

Heritage on the Garden sees spectacular September sales

Since the first of the year, six sales have happened at the Heritage on the Garden, the boutique mixed-use complex at 300 Boylston St. in the Back Bay, overlooking the Public Garden. But last month’s activity was eye-popping with the spectacular sale of a 2,898-square-foot 10th floor penthouse at $7.15 million. Typically, three or four sales occur annually at the Heritage, but last year was an exception with nine transactions. The Heritage is one of the city’s most-sought-after addresses. The 87 condos rise above the high-end specialty...

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CBT Architects to be recognized

Posted by on Sep 4, 2013 in Blog about Boston Real Estate | Comments Off

CBT Architects to be recognized

One of the newest buildings to change the skyline along Boston’s waterfront is Atlantic Wharf, completed in 2011, and the Boston Society of Architects will recognize CBT Architects for its sustainable design at a gala in January at the InterContinental Hotel. The specific award – honor, award or citation level – will be announced at that time. Boston Properties, collaborating with CBT, developed the $550 million project, integrating three 19th century buildings on the site and achieving LEED Platinum certification. The Russian Building...

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Condo sales in July jump

Posted by on Aug 30, 2013 in Blog about Boston Real Estate | Comments Off

Condo sales in July were the second best sales total for a July in Greater Boston, only surpassed by the 1,269 condos sold in July 2005, according to the Greater Boston Association of Realtors July 2013 saw 1,236 condos sold, an 18.6 percent increase from the same time last year. Empty nesters from the suburbs, investors and would-be first-time homeowners are fueling the demand, but a low inventory is hampering sales and putting upward pressure on prices. For the Greater Boston area, the median selling price of condos was $402,600. A year ago,...

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Daffodils to mark Marathon route

Posted by on Aug 15, 2013 in Back Bay - Midtown, Blog about Boston Real Estate | Comments Off

Several non-profit organizations, gardeners, cities and towns, organizations, businesses and residents are coming together to help preserve the spirit of the Boston Marathon and Boston Strong and at the same time prepare to celebrate the arrival of spring next year. The plan is called Marathon Daffodils, and the goal is to plant daffodils along the 26.5-mile Boston Marathon route. Among the groups participating are the Tower Hill Botanic Garden, the Massachusetts Horticultural Society, the New England Wildflower Society, the Garden Club...

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