Real estate update: Community Involvement in a Time of Need

WESTWOOD – Enduring communities join together during times of stress. Recently, many families across the state are facing challenges and hurdles – some due to the current economic conditions; some due to the trials of life. But, there are a lot of citizens who have decided to give back to their communities. In Westwood, it is no different.

Real estate agent, Tammy DeWolfe of Gibson Sotheby’s International Realty, has participated in two recent charitable events. She recently rode in the National Multiple Schlerosis Society’s Ride the Vineyard which raised money for research, and a Habitat for Humanity home-building project in Needham. She see’s her participation as just one way to contribute. “We’ve all been touched by someone in need. As a real estate agent, I see people in times of great joy and times of difficult change. In my job and in my personal life, I want to try to help in any way I can.”

Giving back can be fun, as well as a true “family affair”. DeWolfe’s family joined her in the Ride the Vineyard fundraiser. “My husband and I saw this as a great opportunity to encourage the kids to be good citizens and neighbors – all while spending the day riding our bikes together! In this day and age of the ‘rat race’, we need to make time for each other.”

To read more about Tammy and her work, go to Tammy DeWolfe’s agent page.
For more information on Boston real estate sales, go to Gibson Sotheby's International Realty, Boston's real estate experts.

Boston real estate market: High on the high end

Boston’s luxury condominium market, hard hit by the economic downturn over the last two years, is making a dramatic comeback that some say signals renewed faith in high-end real estate. Sales and median prices in the city’s full-service luxury buildings jumped by more than 50 percent in the first quarter of this year, according to data expected to be released today by Listing Information Network, a private Boston company that tracks the downtown condo market. Buyers closed deals for 94 units in luxury buildings in the first quarter, a 59.3 percent increase from the anemic 59 deluxe condos sold in the first quarter of 2009, according to the data. The median selling price of $874,150 was 56.1 percent higher than the same time period in 2009.


To read the full story, go to www.boston.com.


For more information on Boston real estate sales, go to Gibson Sotheby's International Realty, Boston's real estate experts

Boston real estate update: National real estate market rises

Boston’s real estate market, along with the rest of the country has seen a lot of positive growth over the first quarter of this year. According to the National Association of Realtors, sales increased from a year ago in 44 states and the District of Columbia; 31 states and D.C. saw double-digit gains while two were unchanged and four were down. National Association of Realtors President, Vicki Cox Golder, said there’s been a change in market psychology. “Buyer confidence is back, and home buyers have long-term views. The typical buyer plans to stay in their home for 10 years, so we’ve put the flipping mentality behind us and most people see housing for what it is – shelter that provides social benefits and is also a good long-term investment,” Golder said.

To read the full story, go to NAR.com.

For more information on Boston real estate sales, go to Gibson Sotheby's International Realty, Boston's real estate experts.

Boston real estate company seeing sales growth

Boston luxury real estate company, Gibson Sotheby’s International Realty, has seen growth in market share in the first five months of 2010. Now ranked as number five in the state – and the only Boston-based firm in the top five – the firm has closed more than 200 sides for almost $150 million since January 1, with well over 150 scheduled to close in May and June (source: MLS). And it’s not just the activity from the federal tax credit. In fact, Gibson Sotheby’s closed 15 sides for homes over $1 million and has 25 more scheduled to close.

For more information on Boston real estate sales, go to Gibson Sotheby's International Realty, Boston's real estate experts.