UPDATE: The luxury Boston Millennium tower, located at 1 Franklin Street is officially Boston’s tallest structure ever!

luxury Boston

The Millennium Tower, 1 Franklin Street, Boston MA

The luxury Boston Millennium tower in Boston’s Downtown has been underway for a while and topped off just yesterday! The view from a crane at the top of the tower gives you an idea of how tall this structure truly is compared to the other Boston buildings you may recognize. Sitting at 60 stories, 885 feet officially makes the Millennium the tallest structure in Boston history!

The Millennium tower is still working on completing the tower but that doesn’t mean there wasting any time filling up the building. The Millennium tower isn’t going to officially open till next year and has already pre-sold more than 90 percent of the condos!

Interested in previewing the most anticipated luxury tower to ever be built in Boston? Contact Boston Luxe today and schedule a preview with one of our talented real estate agents before they sell out! Call us at (617)-267-4600 or email us at info@bostonluxe.com!

Check out a video of the topping off ceremony they had last night at the Millennium Tower! https://youtu.be/t3UJr_ZTByM

*Interested in getting more updates about this luxury tower coming to Boston and other luxury real estate Developments in the area? Subscribe to the Boston Luxe newsletter by entering your email below!



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Boston Luxe agent’s sit down for a presentation on closing sales with Old Republic Insurance Group!

Today Boston Luxe agent’s sat down with Old Republic Insurance Group to learn about the new protection policies when closing a sale. Boston Luxe gives agent’s the tools necessary to grow in the Real Estate business by learning new things everyday. This is how Boston Luxe gives our clients an unforgettable experience.Take a look at the meeting while it was still in progress earlier today!

A special thanks to Old Republic Title for doing an outstanding presentation for our agents today!

*Side note: Business meetings on a Friday pair perfectly with sandwiches and cookies ( Mike’s Pastry Inc , WICHIT) !

Boston Luxe bl meeting 8 BL meeting BL meeting2

*Interested in hearing about all of Boston’s newest luxury buildings and all of Boston’s most exciting events?! Subscribe to our newsletter below by entering your email below!



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The luxury Boston condo and apartment project Seaport Square was just approved last month totaling $700 million dollars in development. The latest news just dropped this week about potential prices for these luxury condos and apartments. Check it out!

Seaport Square

Seaport Square

The announcement of a $700 million dollar luxury Boston condo project called Seaport Square was approved to build three luxury towers last month. These towers will consist of luxury condominiums, apartments and retail stores. The building will be made up of 800 condos, 350 apartments and include 800 parking spots.

The development of these luxury buildings are going to be apart of a $3.6 billion  Seaport project that has plans to turn Seaport into a neighborhood and community. This development has proposed to span over 20 blocks with retail stores, restaurants and entertainment.

Prices for these luxury condos have been proposed to retail for as much as $1,000 to $2,000 a square foot! This means an apartment with over 666.66 square ft priced at $1,500 a foot will cost you $1 million! These prices may seem steep but for an apartment with this type of view in Boston, expect to pay nothing less.

Interested in hearing more about this luxury development happening in the Seaport? Follow Boston Luxe’s weekly blog on our website or subscribe to the Boston Luxe newsletter by entering your email below! Need help finding an apartment or condo? Contact Boston Luxe today and speak with one of our real estate agents! Call us at (617)-267-4600 or email us at info@bostonluxe.com. We always look forward to hearing from you.



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Boston Luxe’s newest website feature gives you 6 easy steps to list and sell your home, condo or property!

 

6 easy steps to list or sell your property!

6 easy steps to list or sell your property!

Boston Luxe has just added a brand new feature to their website that shows you how to list and sell your home, condo or property with Boston Luxe! This page feature allows us to give you a play by play of how the process works and will show you how easy and painless this process can be with just 6 simple steps.

There are two very important things to remember when deciding who you are going to have sell your property. The first thing you’ll need to focus on is making sure you look for the right person to market your property. You want to make sure you pick someone to broadcast your listing that has a well-developed Internet presence in order for the marketing to be more effective and reach a bigger audience. The Second most important thing is picking a company to sell your property that has built a good reputation for themselves.

By listing your property with Boston Luxe we can give you access to the most expansive Internet marketing presence in the Greater Boston area. In addition, Boston Luxe has a very well known reputation in the city of Boston that we pride ourselves on. When you work with Boston Luxe you are always guaranteed two things, Honesty and Integrity.

Click Here to view the full webpage with instructions on how to list or sell your home, condo or property with Boston Luxe Real Estate. For more information feel free to contact Boston Luxe by Phone (617)-267-4600 or Email: info@bostonluxe.com . We look forward to hearing from you!

*To subscribe to our monthly newsletter and receive more of our exclusive content featuring all of our in-house listings and deals updated every day, enter your email address in the box below!



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Boston’s Building Boom

John Barros the new Chief of Economic Development for the City of Boston, overseeing tourism, jobs and employment, and real estate and business development. Most importantly, he’s now in charge of the Boston Redevelopment Authority (BRA), the city’s urban planning and economic development agency.

He ponders on the Boston affordability issues:

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Good News for Boston Real Estate

We heard some great news from Wells Fargo last week. It seems that they have lowered their standards on the public’s FICO scores. It will now be possible to qualify for a mortgage loan with a FICO score of 600. Of course that is if all your other financials are in order. image

Tom Goyda, a bank spokesman said, “The goal is to increase access to credit, especially for low- and moderate- income borrowers and first-time home buyers.” He continued, “These are fully underwritten, fully documented loans, consistent with FHA program guidelines and responsible lending principles.”

There is no doubt that other lending institutions will follow suit, easing up the mortgage loan business a little. We know one thing this will give another small boost to the Boston Real Estate Market.

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Planning Council Makes a Housing Prediction

As most of you are aware the Boston area is already a very expensive city to rent an apartment or to purchase condominium or loft. The facts are this situation will not change in the future. But as we all know the expense is worth it to be able reside in such a wonderful city.

councilIn a new report, the Metropolitan Area Planning Council suggests that the Boston area will need 435,000 new apartments, condominiums and homes over the next quarter century. To put this is perspective that is enough to house the entire city of 2014 Boston.

On a positive note we will need a tremendous amount of construction in our beautiful city to fill the need for housing. This means jobs for the construction workers and also their support industries and of course the Real Estate Market. This is a great windfall for our entire city.

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Boston is Named Coziest City To Live

Honeywell Infrared Heaters, in partnership with the environmental consulting company Environmental Health & Engineering did a study to find out just what cozycities are  the coziest in the Nation.
Dr. Ted Myatt, ScD, Environmental Health & Engineering said they believe coziness is defined by a city’s overall comfort, ambiance and accessibility.

The criteria ranged from

  • Fireplace and portable heaters usage
  • Access to parks
  • Overall walk-ability to restaurants and coffee shops per capita,
  • Stressful lifestyle scores and
  • Historical ambiance.

Based on this profile, below is a list of the top ten coziest U.S. cities:

 1.    Boston/Cambridge, Mass.
2.    San Francisco, Calif.
3.    Santa Fe, N.M.
4.    Washington, D.C.
5.    Portland, Ore.
6.    Seattle, Wash.
7.    Baltimore, Md.
8.    Providence, R.I.
9.    New Orleans, La.
10. Savannah, Ga.

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The Candidates Speak of the Future of Boston Real Estate Development

In the past 20 years,  Boston has added more than eighty million square feet of real estate. No wonder development is a central issue in the Mayor race to replace our current mayor. Tom Menino.

Here is a great interview by WGBH News with both of the candidates discussing the future of Boston Real Estate Development.

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NOW IS THE TIME TO BUY THAT NEW HOME

The 30 year fixed mortgage rate rose to its highest level in two years. The Feds multi stimulus programs which have kept lending rates low to help stimulate businesses and homeowners alike to borrow money for purchases and for improvements have slowly come to an end. The policy has kept Boston mortgage rates at record lows for most of the past 5 or so years.
mort1Mortgage rates have gone up more than 36% since May when the 30 year rate was at 3.35%.

“If you were considering buying a home, rates aren’t going to get much better any time soon” said Erin Lantz, director of mortgages at Seattle based Zillow.com. “Buying sooner rather than later makes good sense.”

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