Boston Luxe Market Analysis

Fenway Center a Go??

Maxwell — Wed, 22 May 2013 21:25:25 +0000

Today the vote will be cast by MassDOT (Department of Transportation) on the long stalled Fenway Center Development.

The first phase of the Five hundred million dollar project is for four hundred apartments as well as retail stores in three buildings, including two of seven and fourteen stories on Beacon and a seven-story one on Brookline; and a seventeen space parking garage for local commercial tenants as well as Red Sox fans. The second phase would include a 27-story building.

If the project is approved today, the development will begin in early 2014. And should employ approximately fifteen hundred workers.

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Do you Feel Safe in Your Boston Home?

Maxwell — Tue, 21 May 2013 19:53:57 +0000

In the three top cities where residents feel the safest, there Seems to be a correlation between high walking scores and feel safe neighborhoods, for instance Cambridge has a walking score of 95 out of 100.

Mid Cambridge Neighborhood

The best Cambridge neighborhoods for walkability are Mid-Cambridge, Wellington-Harrington and Riverside. The quaint city of Quincey was rated with a 92 out of a possible 100.

Quincy Home

The other Cities mentioned in the blog sites are Denver-Aurora, CO and Raleigh-Cary, NC who tied for second place. Seventy eight percent of residents in those two regions felt safe walking alone at night. Minneapolis-St. Paul-Bloomington,

So who won the number one spot? Minneapolis-St. Paul Minnesota, Bloomington, Wisconsin placed first for safest-feeling city in the nation with a full eighty percent of residents saying that they felt comfortable walking alone at night.

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Boston Rates High as Bikeable

Maxwell — Tue, 14 May 2013 18:38:57 +0000

The Boston MA Bike Score is a grading system of bike accessibility from 0 to 100. The score is based on bike infrastructure, topography, destinations and road connectivity. We are at number five out of ten major cities. And Cambridge came in at 92 for smaller cities.

Being bike friendly is due to the efforts and the money allotted in a city to build a great biking infrastructure. Below is a list of the top ten cities with a population of 500,000 or more residents..
1. Portland (Bike Score: 70.3)
2. San Francisco (Bike Score: 70.0)
3. Denver (Bike Score: 69.5)
4. Philadelphia (Bike Score: 68.4)
5. Boston (Bike Score: 67.8)
6. Washington D.C. (Bike Score: 65.3)
7. Seattle (Bike Score: 64.1)
8. Tucson (Bike Score: 64.1)
9. New York (Bike Score: 62.3)
10. Chicago (Bike Score: 61.5)
One of the major reasons that Boston has achieved such a great score is the development of The Hubway system.

The Hubway bicycle program station at Beacon Street and Massachusetts Avenue. (Essdras M Suarez/Globe Staff)

This is a bike sharing system which provides over 100 stations and 1,000 bikes available in Boston, Brookline, Cambridge, and Somerville. You can grab a bike near your home or office and pedal your way to the next lunch meeting, errand or shopping trip, or to visit friends and family.

Boston Hubway bike sharing system stations

The good news is that the municipalities of Boston, Brookline, Cambridge, and Somerville are all working with Massachusetts Department of Transportation, The Metropolitan Area Planning Council, The Massachusetts Bay Transportation Authority and the Federal Transit Administration to continue to expand the system in the Boston Area.

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Invest in a Boston Home for the Long Term

Maxwell — Mon, 13 May 2013 22:41:50 +0000

According to the (NAR) National Association of Realtors one should only purchase a home or apartment (in our case a Boston Home) if you plan to live there for a least seven years. Anything less than that and you will lose a large amount of money. For the average person, (not the knowledgeable and experienced investor) it is better to buy property that you are actually going to live in and forget trying to get rich by flipping property.

Flipping properties looks great on Television, in fact there is one program that is dedicated to flipping Boston real estate and it looks so simple. Do not believe it. This is an art in itself and unless you partner with an experienced Realtor and/or investor leave the “flipping” to someone else.

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A Lighter Side to Boston Real Estate

Maxwell — Fri, 03 May 2013 16:50:01 +0000

Boston ranked as the second most exciting city in the U. S. to live in.
Who beat us out? Are you ready for this? Oakland, California.

What was the criteria for devising this list?
Park acreage per person, Percent of population between 20 and 34 years old, Fast food restaurants per square mile (the fewer the better),Bars per square mile, Big box stores per square mile (the fewer the better), Population diversity, Movie theaters per square mile, Museums per square mile, Theater companies per square mile, Music venues per square mile

Here is the complete list of the ten top exciting cities to live in. You will be surprised.
1.   Oakland, CA
2.   Boston, MA
3.   San Francisco, CA
4.   Seattle, WA
5.   Washington, D.C.
6.   New York, NY
7.   Milwaukee, WI
8.   Atlanta, GA
9.   Philadelphia, PA
10. Portland, OR

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Malden Condo For Sale

Maxwell — Thu, 02 May 2013 21:53:11 +0000

Malden is a beautiful city in Middlesex County, MA. It is close to Downtown Boston in a hilly woodland area north of the Mystic River.

The population is approximately 60,000. This is a very family orientated town in fact, in 2009, Malden was named the “Best Place to Raise Your Kids” in Massachusetts by Bloomberg Businessweek.

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Luxury Condos in Allston-Boston

Maxwell — Fri, 26 Apr 2013 00:47:53 +0000

An exciting new complex is due to open this summer. It is called the Edge and is located in the west part of the city in Allston. It is close to downtown and many world-renowned colleges, universities, and medical centers which has made many young professionals want to make Allston home.
Boston Luxury Condos

The Edge in Allston is for those residents that are looking for the highest luxury Boston apartments, while minimizing their environmental impact.

The Edge will meet LEED Gold Construction, a coveted standard that indicates top-notch environmental design.

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Most Expensive House in Boston Sells

Maxwell — Fri, 22 Mar 2013 23:38:07 +0000

Boston’s Most Expensive Home Sale Ever!

Curbed Boston is reporting that they have it on good authority that the 26,000-square-foot, 50-room Ames-Webster Mansion at 306 Dartmouth Street in our beautiful city sold for $14,500,000 and closed on march 15th. This makes it the priciest private-home trade in the modern history of Boston real estate.

Saudi businessman Fahad Al-Athel, is the new owner and he and his family will make it their residence.

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Newton Townhouse For Sale

Maxwell — Sat, 16 Mar 2013 00:12:48 +0000

One of our featured Properties is in Newton Ma, just a shot distance from downtown Boston.

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Positive Real Estate News

Maxwell — Thu, 14 Mar 2013 23:21:19 +0000

Look at the stats that from the great website positiveonrealestate.com on March 11.

84 percent of agents believe that real estate values and the number of real estate transactions will increase in 2013.

77 percent believe that new construction starts will continue to increase.

74 percent believe that their local economy will improve in 2013 compared to 2012.

No market is expected to see a decline in home values or real estate transactions in 2013. Contrast this with 2012 when one-third of the markets expected to see house values decline.

New Construction is on the rise. Shadow inventory is declining. with all this great news Boston Real Estate is certainly on the rise.

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