Boston Real Estate Expert Cites Changes In The Market

David Bates / February 17, 2011-11:37 pm

It’s been more than 20 years since Debra Taylor started LINK, a multiple listing service in Boston. Today, in addition to covering 12 of the most important Boston real estate neighborhoods, LINK produces quarterly and annual reports about what is... Continue Reading

How Many Appointments Are Necessary to Sell Your Home? Find Out Here.

David Bates / February 14, 2011-9:11 pm

There is a key real estate statistic — one which never has been reported on, that can be both a predictor of the future success of an individual listing as well as the future success of the market as a whole. That statistic concerns how many... Continue Reading

The Most Unusual Place Home Buyer Credits May Have Worked

David Bates / February 10, 2011-7:51 pm

Near the end of 2009, the federal government passed into law the Worker, Homeownership, and Business Assistance Act of 2009. The law extended the First Time Home Buyer Credit of up to $8,000 to qualifying first-time home buyers that chose to enter... Continue Reading

Postage Stamp Lots That Produced Million Dollar Sales

David Bates / February 7, 2011-9:35 pm

[caption id="attachment_208" align="alignleft" width="295" caption="This house on this 634 Square foot lot produced a $1.595 million sale in 2009."][/caption] It’s often said that the three most important attributes of real estate value are... Continue Reading

Financing the Most Valuable Homes

David Bates / February 4, 2011-1:01 pm

I spoke with Terry Mullany, a vice president at JPMorgan Private Bank, a company with a website which asserts it has 160 years of experience “solving the complexities of significant wealth day in and day out.” Terry’s team at JPMorgan focuses... Continue Reading

The Area With The Highest Percentage of Million Dollar Sales

David Bates / February 2, 2011-3:58 pm

If you are going to buy a single-family home in the most prized parts of Boston — the Back Bay, South End or Beacon Hill — then 83 percent of the time you are going to spend more than $1 million (MLS cumulative statistics, 2004-2009). But if you... Continue Reading

When A Recession Is A Good Thing

David Bates / February 1, 2011-3:25 pm

If there is a good position to be in during this recession, it just might be as an ultra-luxury real estate buyer. In good markets, there can be a little wiggle room on the seller's ideal price for a dream home. But in this radically-changing,... Continue Reading

Where Does Your Town Rank?

David Bates / January 27, 2011-8:40 pm

What does the highest-priced home sale in a community tell us about value in that community? Was the ultimate value the community could produce in any given year limited by the excellence of the best available property for sale? Or was the maximum... Continue Reading

Percentage of Mass’ Million Dollar Sales Went Higher and Higher

David Bates / January 26, 2011-11:58 am

In 2000, just over 1.5 percent of Massachusetts Single Family Sales secured a sales price of more than $1 million. For the next seven years in a row, the percentage of Mass single family sales that topped the million mark consistently increased,... Continue Reading

Successful Boston Developer Focuses on Enhancing Neighborhoods

David Bates / January 24, 2011-6:42 pm

[caption id="attachment_192" align="alignleft" width="224" caption="Boston Developer Kamran Zahedi"][/caption] When you talk to Kamran Zahedi, a Boston developer with an impressive track record, you notice he uses the word “neighborhood” a... Continue Reading
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