Boston Real Estate Blog

As you probably have heard by now, the Tax Reform bill has passed and is awaiting President Trump's signature which most likely will happen before the end of the year.  So, what effect will this have on the Boston real estate market?  

The National Association of Realtors has put together a fantastic article summarizing the impact the bill will have specifically on current and prospective homeowners as well as those of us who practice real estate as a business or as investors.  I've included a link to the article at the bottom of this post and highlighted some of the essential points below.

Exclusion of Gain on the Sale of a Principal Residence

  • The original version of the bill proposed that the time a homeowner must live in their primary
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Nate Blog

 

We are proud to announce the addition of Nate Gopen to the Berkshire Hathaway HomeServices Warren Residential team! 

Nate grew up in Newton Massachusetts and attended nearby Bryant University studying finance, management, and communications. These areas of focus combined with his local knowledge and professionalism make Nate a tremendous asset to any real estate transaction.

When not busy helping clients or running his property management company, Nate spends some of his free time exploring Boston's newest restaurants and art galleries as well as trying to get out on the golf course and lower his handicap!

To learn more about Nate, please click the links below.

 

 

 

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We are proud to announce the addition of Alex Theocles to the Berkshire Hathaway HomeServices Warren Residential team!  Alex is a diligent, hardworking agent who was previously part of the Warren team before moving to Miami for the past few years.

Alex grew up in Western Massachusetts and comes from a family of real estate investors.  He attended the University of Massachusetts with a focus on economics and began working on the Warren Residential team in 2008.  In 2010, Alex headed to south Florida to start working with a private investment group focused on acquiring single and multifamily properties in Florida and Georgia.  Between 2011 and 2017, Alex was in charge of liquidating the portfolio resulting in over $185m in sales.

Alex now lives in

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We are proud to announce the addition of Annette Kristiansen to the Berkshire Hathaway HomeServices Warren Residential team!  Shortly after graduating from Northeastern University, Annette began a career in financial services at an international custody bank performing financial reporting before making a career change and becoming a residential real estate agent.  Annette's economic background allows her to provide valuable analysis of the market for her clients.

Annette is a Massachusetts native and currently lives in the South End.  Outside of real estate, Annette has a passion for international travel and holds citizenship in both Denmark and Columbia.  She also speaks conversational Danish and Spanish.

To learn more about Annette, click on

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I'd like to personally congratulate our agent, Josh Stephens, for being chosen to serve as one of only 15 agents on the Berkshire Hathaway HomeServices national REthink Council.  Executives from Berkshire Hathaway HomeServices selected Josh from thousands of applicants across the entire Berkshire Hathaway HomeServices franchise network.  

Even more impressive, Josh is the second agent from our small office to be on the national REThink Council.  For the past two years, our very own Phillip MacArthur has served on the council.  I couldn't be more proud of both these tremendously talented agents and look forward to seeing Josh's impact on the council.

About the REthink Council

The Berkshire Hathaway HomeServices national REthink Council is a

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Lucas Merchant - Berkshire Hathaway HomeServices Warren Residential

We are proud to announce the addition of Lucas Merchant to the Berkshire Hathaway HomeServices Warren Residential team!  Lucas's inherent passion for architecture and economics coupled with his superior level of customer service has proven to be a recipe for success.  Since starting in real estate in 2013, he has helped dozens of clients buy, sell, and rent in and around Boston.

During his down time, Lucas enjoys getting out on the water and participating in competitive sailing along the east coast.  He is also passionate about restoring vintage motorcycles, traveling, and exploring Boston's newest art galleries and exhibitions.

To learn more about Lucas, click the links below to view his biography and social media pages.

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UBS Global Real Estate Bubble   Perhaps the question we are asked most by our clients is if we think we are in or headed towards, another housing bubble.  Besides anecdotal evidence, it can sometimes be tough to give a clear and confident answer.     The link below is to an article summarizing the findings of the UBS Global Real Estate Bubble Index.  It showcases major cities throughout the world, including Boston, and sorts them into four categories: bubble risk, overvalued, fair-valued, and undervalued.     Highlights:  
  • Fair-Valued:  Surprisingly, Boston ranks as one of only four "fair-valued" cities, even with what we often feel is a hot market that sometimes borders on out-of-control.
  • Price to Income:  4 years = The number of years a skilled
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A few decades (and a few mayors) after these observations from Kevin White, the Seaport district is a thriving, booming area for Boston real estate and development. The skyline is hardly recognizable compared to that of the late 1980s––a testament to the investors who saw potential in its beautiful harbor views and wide-open spaces.

"Mayor Kevin White moved into his office at the new City Hall in 1968. According to the late Boston College historian Thomas O’Connor, “When he looked out … down at Faneuil Hall and Quincy Market, they were rotten. And just beyond that, he could see the Seaport, and that was rotten, too." — "The Rise of the Seaport," Boston Magazine

It seems new businesses open their doors almost daily, catering to the 11,000

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It’s no surprise that Back Bay is not only one of Boston’s most popular neighborhoods, but one of America’s most-visited and well-loved places to boot. With Boston and Back Bay real estate booming, it’s also no surprise that many people are looking to move to a bustling, vibrant place like Back Bay. Picturesque waterfront views line this neighborhood’s backdrop, bike trails and parks tap into the outdoors-man in us all, and boutiques and eateries contribute to the awe of this neighborhood.

Back Bay has gone through a lot of change throughout the century, and each and every chapter of this neighborhood’s life contributes to an incredible story and rich Back Bay real estate market.

History of Back Bay

Back Bay skyline in BostonLong before the Prudential Tower and the

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8 FAQs from every first time buyerYour home will be one of your most important investments you will ever make in your life—it’s only natural that you develop a lot of questions, as you should! Purchasing a home requires lots of research and careful decisions, and as you dive in, you may find many parts of it foreign and somewhat confusing.

You’re not the only one scratching your head. Here are some common FAQs we hear a lot about buying your first piece of Boston real estate (plus the answers our expert buyer’s agents give!)

How long is the purchase process once I pick a Boston home?

There are lots of variables that contribute to the timeline. It can honestly be as short as two weeks or as long as two months from the time the offer is accepted to the day the papers are passed. If

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