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What does $4 million buy in and around Boston?

April 18, 2015 · by Andrew Oliver · in Boston housing market, Essex County Housing News, Marblehead News, Market Reports

A prospective buyer looked at a $4 million listing in Marblehead recently and commented: “this house would sell for $18 million in the Hamptons.”

Well we’re not in the Hamptons, Dorothy, but it was an interesting comment and led me to look at what a paltry $4 million would buy today in different areas in and around Boston. The table below is in four sections: the North Shore, towns close to Boston, and then Boston SFHS and Boston condos: (more…)

The Best Streets in Greater Boston – really?

April 11, 2015 · by Andrew Oliver · in Boston housing market, Market Reports, Massachusetts Housing News

One of real estate’s fascinations is that it is subjective: what I love you may hate and vice versa. So it should come as no surprise that I might differ on the pick for the Best Street in Marblehead. I accept the words of the writer that Atlantic Avenue is three miles long, but the Best Street in Marblehead?

(more…)

Here we go again: bubble, bubble, toil and trouble

April 8, 2015 · by Andrew Oliver · in Boston housing market, Latest News, Market Reports, Massachusetts Housing News

I know it’s really: Double, double toil and trouble;
Fire burn, and caldron bubble. (Macbeth).

When I read articles like Is Massachusetts headed toward another housing bubble?, I am reminded of the saying that economists have forecast 10 of the last 3 recessions. (more…)

But if you do leave New England…..

April 5, 2015 · by Andrew Oliver · in Latest News, Market Reports, Massachusetts Housing News

Last week I posted Why we don’t all move to San Francisco.
But if you do move here’s movoto.com’s 30 Things they don’t tell you about Leaving New England.
I experienced 12 in TN this winter. The evening news had a map showing snowfall amounts for the area: 0.1 inch and 0.3 inch. On a map. Seriously. (more…)

Why we don’t all move to San Francisco

March 28, 2015 · by Andrew Oliver · in Boston housing market, Essex County Housing News, Market Reports, Massachusetts Housing News

After this winter we’re all planning to move to a warmer climate right? Like San Francisco.

SF_BOS

But no, we will stay here, at least most of us will. Buy why? (more…)

Still time to buy that $37.5 million Boston condo

March 14, 2015 · by Andrew Oliver · in Boston housing market, Latest News, Market Reports

70% of the condos in the 60-storey Millennium Tower building at Downtown Crossing have been sold, according to this Millennium condos mostly sold to local buyers Boston Globe article, with 3/4 of sales going to local buyers.

In case you fear you have missed out, worry not: the $37.5 million, 12,000 sf penthouse is still available. Call me for a showing and if you buy through me I will donate half my commission to Lifebridge, the homeless organization based in Salem. (more…)

Tom Brady’s Boston real estate adventures

January 28, 2015 · by Andrew Oliver · in Boston housing market, Market Reports

This The greater Boston real estate adventures of Tom Brady article from boston.curbed.com is much more interesting than ones about you know what.

Roll on Sunday. GO PATS!!!

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or [email protected].

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.

@OliverReports

 

 

Luxury condo shortage in Boston !

January 24, 2015 · by Andrew Oliver · in Boston housing market, Latest News, Market Reports

It may come as a surprise – it did to me – but despite the booming luxury condo market in the last few years, Boston is actually facing a shortage of luxury condos, according to this article Luxury condo shortage – believe it or not by Scott Van Vorhis on boston.com. (more…)

Luxury condos in Boston sell in average of 20 days compared with 167 last year

May 3, 2014 · by Andrew Oliver · in Latest News, Market Reports, Massachusetts Housing News

As a timely response to my post last week  Is the housing recovery really slowing down? the Boston Globe has published an article Boston luxury condo prices soar.

Luxury condos are “flying off the market” according to the Globe article. It cites Millennium Place, which opened last fall, with 256 condos priced from $550,000 to $3.5 million. The last condo sold two weeks ago. Next up, Millennium Tower, which opened its sales registration portal this week. (more…)

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