In 2013, Boston ranked among the top 10 metro areas based on the number of interested homebuyers. Across the nation, Boston was one of the metros that had the highest number of buyers actively looking for homes at ZipRealty. If you are considering joining the ranks of sellers with Boston homes for sale, 2014 is an excellent time to do so. Understanding current trends will help you see why.
Where are the most popular neighborhoods for home buyers in Boston, an iconic American city filled with real estate that’s as diverse as its vibrant history? The five neighborhoods taking top honors are South Boston, Dorchester Center, South End/Back Bay, Dorchester and Roxbury, according to a new ZipRealty study.
Boston, Massachusetts is a city with a long – and colorful – past. Throughout the area, there are signs and symbols of American history. If you are fortunate enough to be looking at Boston homes for sale, be sure to check out the South End. Though once considered to be a tenement district that had fallen victim to urban blight, the South End in Boston is now considered a desirable location for young, upscale residents to live.
Brookline, located just west of Boston, is a thriving suburban community of around 58,000 residents. The town was first settled in the late 17th century and now boasts of numerous historic buildings and homes from that era. Brookline is also noted for its many, small neighborhoods, which are more like cities within a city. Many notable people have called Brookline home, including former Massachusetts Governor Michael Dukakis, comedian Conan O'Brien, writer Saul Bellow, singer/songwriter James Taylor and broadcast journalist Barbara Walters.
The Christmas season in Boston is magical. Each year, the city transforms itself into an 18th-century winter wonderland, complete with Christmas trees, concerts and cobblestone streets illuminated with thousands of twinkling lights. Those lucky enough to own Boston homes have a myriad of holiday events and attractions, right at their doorsteps. Below are just a few Boston holiday favorites:
Home of iconic historic monuments like Plymouth Rock and Paul Revere's House, Boston is known for its rich heritages. The city is also known for its waterfront views and high-end real estate. But what it's also known for is its emphasis on education. With 134 public schools and some of the most prestigious universities in the world, education is important to the residents of Boston, Massachusetts.
Those in the market for Boston real estate will find themselves facing two basic options: Condos or Houses. Either buy a comfortable condo or opt to spend a bit more per square foot and get a single-family home. Because of the lack of land in the city itself, single-family Boston homes for sale are a bit pricier, and you can find quite a few choice options away from the heart of the city at times. Understanding the pros and cons of buying a condo will help you make the right decision for your specific situation.
Benefits of Living in a Condo
In a climate like Boston's, it’s essential to prepare your home for the approaching cold winter season in order to protect it against serious damage, especially if you’re thinking of putting your home up for sale during the coldest part of the year. However, if you wait until the last minute, you could be caught off guard by an early winter storm or you may find yourself carrying out these tasks in the bitter cold.
Is your condo ready for the Fall Market?
Prices have skyrocketed! This is true all over the city. Inventory is low! There are only 14 condos on the market and rates are on the rise. 37 out of 45 condos that sold within the last 2 months received offers above the asking price."
When making an offer to purchase a home in Boston's competitive real estate market, you might want to consider what contingencies you can afford to include. In a seller's market, home buyers will probably find themselves in bidding wars where they will need a competitive advantage over other buyers. For this reason, many choose to opt out of including contingencies when placing their offer. Here are some factors to consider when making an offer on a Boston home.
The Market Is Growing