The Somerset takes its place in the history of Boston with its debut in 1897 as one of the grandest hotels in America. In fact, The Boston Globe once deemed it, "among the distinctly magnificent hotels of the world", ushering in its era as a premier [...]
Shelagh Brennan has a wonderful condo that overlooks the Charles River at 274 Beacon Street. One of unit's most important and significant features is its proximity to the Charles River and the sweeping views that come with. Zillow produced an article that discusses the psychological and financial ties that come with owning a property on the water. Although there aren't any beach rights, having a view that looks over the Charles River is commodity that not many owners get to experience while living in Back Bay.
Why People Love to Live on the Water!
1. Set a Budget
Setting a budget and managing expenses is very important when trying to make a profit off of an income property. Budget for future capital improvements - heating systems, hot water tanks, the roof and other big ticket [...]
Cabot's Eric Shabshelowitz has listed a fantastic investment building in West Roxbury. The brick building on Washington Street consists of four two-bedroom units, each with its own parking space and balcony. Annual operating costs are minimal as tenants are responsible for own utilities, and the draw is [...]
Sure, offices and schools have had a number of snow days. But how has the weather impacted the real estate market?
As you might expect, inventory is down... way down. The charts below are for residential condos, but we have seen a similar trend through all property categories.
Downtown Boston Condo Inventory (Past 3 Years)
Downtown Boston Condo Inventory (Past 18 [...]
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