A recent article on Business Week’s Website indicates that New York, San Francisco and Boston have sustained their home values through these challenging economic times. The rest of the nation is facing drops in real estate values.
The article also offered insight into what $500,000 can buy in different home markets around the country. Our city was represented by a property on Commonwealth Avenue, marketed by Julie Harrison of Gibson Sotheby’s International Realty. This lovely home can be viewed as an MLS listing.
Source: BusinessWeek.com and MLSpin
Friday, November 14, 2008
The Changing Face of South Boston
Once known for being an insular community of born-and-raised Southie residents, South Boston has changed. The demographic landscape now includes a growing number of young professionals, looking for proximity to downtown and more favorable pricing than the South End. Renovated condominiums in multi-family buildings offer larger space with lots of character.
Don Minchello, a South Boston Specialist at Gibson Sotheby’s International Realty, has seen buyers coming in from New York, New Hampshire, Illinois and Pennsylvania in recent months. “South Boston is a great community and many of the people who eventually buy here start their search in other parts of Boston – the South End, Back Bay and even Cambridge. Their dollars buy larger homes than in those other neighborhoods. South Boston is still an excellent value.”
For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.
Don Minchello, a South Boston Specialist at Gibson Sotheby’s International Realty, has seen buyers coming in from New York, New Hampshire, Illinois and Pennsylvania in recent months. “South Boston is a great community and many of the people who eventually buy here start their search in other parts of Boston – the South End, Back Bay and even Cambridge. Their dollars buy larger homes than in those other neighborhoods. South Boston is still an excellent value.”
For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.
Friday, November 7, 2008
Firms Relocate to Boston
For the second year in a row, Gibson Sotheby’s International Realty was honored by Who’s Who in Luxury Real Estate for the most outbound referrals. The Who’s Who in Luxury Real Estate network includes 1,912 of the world’s finest real-estate companies with properties in 98 countries. Who’s Who is also the firm that hosts LuxuryRealEstate.com—one of the top ranking sites for luxury real estate searches.
In this challenging economy relocations still occur. Tarin Patrick, VP of Relocation Services for Gibson Sotheby’s says his department is remarkably busy. “We have been working on the first stages of a large group move with a large third party relocation firm for one of their clients. Employees are moving from Charlotte, North Carolina to Concord, Massachusetts and Lowell, Massachusetts. And that move is going very well.”
For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.
See an article in Forbes for which Tarin Patrick was quoted about high-end home sales.
In this challenging economy relocations still occur. Tarin Patrick, VP of Relocation Services for Gibson Sotheby’s says his department is remarkably busy. “We have been working on the first stages of a large group move with a large third party relocation firm for one of their clients. Employees are moving from Charlotte, North Carolina to Concord, Massachusetts and Lowell, Massachusetts. And that move is going very well.”
For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.
See an article in Forbes for which Tarin Patrick was quoted about high-end home sales.
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