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

Boston Real Estate By Foot (Squared)

David Bates / January 22, 2011-1:56 pm

LINK, a Multiple Listing Service covering Boston, compiles market statistics and publishes its findings in quarterly and annual reports. One key statistic it reports on is the average dollars-per-square-foot buyers paid in twelve different Boston... Continue Reading

Mass’ Most Popular Million Dollar Suburbs

David Bates / January 20, 2011-7:35 pm

Newton, one of the state's few suburban locations with the ability to sell million-dollar homes in both the single family and condominium markets, used this uncommon attribute to surpass Wellesley as the Massachusetts community with the most... Continue Reading

Boston’s Most Popular Million Dollar Condominium Complexes (2004-2009)

David Bates / January 19, 2011-2:36 pm

The two buildings comprising the new Ritz Carlton Condominiums in midtown had more than 100 home sales in excess of $1 million between the years 2004 and 2009, making it by far the highest volume building for million dollar sales in that time... Continue Reading

The Need for Speed

David Bates / January 17, 2011-8:37 pm

I used to tell my buyers that if you go to the first open house and there are several people cooing about what a fabulous property it is, you should be prepared to pay full price. If, on the other hand, you want to get a deal on the property, you... Continue Reading

Would You Pay $140,000 for a Closet?

David Bates / January 14, 2011-12:40 pm

Have you ever considered the value of closet space? I’m not talking about having enough closet space to hang all of your clothes or even enough closet space for you and your spouse to live comfortably. I’m talking about the amount you pay for... Continue Reading

Boston’s Highest Condo Fee

David Bates / January 13, 2011-1:06 pm

Most buyers wince a little when they hear the term "condominium fee." But have  you ever wondered which Boston property has the dubious honor of the highest condo fee? A recent survey of condominium fees for properties on market showed the median... Continue Reading
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