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Boston Real Estate
No other town mixes old-world charm and modern convenience as seamlessly as Boston. Historical brownstones, Victorian houses, and row houses line one street while the next street is filled with chic high-rise condos, lofts, and skyscrapers. Yet the mix of opposing architecture does not seem out of place. In this city of diverse populations, languages, foods, and philosophies, everyone can find the Boston real estate to fit their individual needs. Boston real estate truly makes up a “city of neighborhoods,” and each neighborhood has its own unique charm.
The Boston real estate market has long been strong as Boston is an academic hub, with over 22 colleges and universities including MIT and Harvard, boasts some of the nations finest hospitals and research facilities, and is a leader in technology companies. Luxury Boston real estate is in high demand; luckily, the Boston real estate market is keeping up with new developments of luxury Boston condos, Boston lofts, and town houses as well as many condo-conversions.
Because of Boston’s many diverse neighborhoods, finding the perfect Boston real estate can be tricky unless you have professionals on your side who have niche expertise about the high-end neighborhoods in Boston.
Boston Real Estate
Boston Real Estate Rental Market:
The reason for the rent increases is due to a lack of inventory. In the last few years with condominium conversions the number of available rental apartments has dropped off allowing owners to raise rents and tighten up on concessions. Basically, fewer and fewer landlords will be picking up the fee this rental season. In Beacon Hill most all of the larger landlords are not picking up amy fee for September listings. Another sign we are seeing is that there is a serious shortage of available three bedroom apartments on the market for college students.
A second reason to the rise in the rents is that as interest continue to rise, it is taking some potential home buyers out of the market and thus they are remaining in a renter status.
A third reason is the lack of dorms within the Boston area. Presently, Suffolk is trying to pass a 30 story dorm building in Beacon Hill which is facing some serious road blocks.
Although Boston Real Estate is lagging the rest of the nation in job growth the increase in University enrollment and the continue growth of the hospitals is boosting renter demand to new highs.
Boston Real Estate
South Boston is a bustling neighborhood and a very short distance to Boston. Boston real estate for those that work in and around the Boston area. You can take public transportation and be at your office in Boston within a few short minutes. That really takes some major stress out of your life. Think about your commute and how frustrated and aggravated you get on a daily basis. Imagine being able to eliminate that just because you live close by. How much is that worth to you?
Quality of life has a price and believe it or not living close to where you work is a huge stress reliever and definitely improves the quality of your life. Another reason to buy Boston Real Estate is because the real estate remains a great investment.
Another great reason to buy Boston Real Estate is that it is within walking distance to so many great places and activities. You can walk to the beach, to restaurants, bars, shopping and more. The views in the city are extraordinary and worth the price of admission. It is the reason why you would buy a great place in Boston. Some of the roof tops add considerable value to a home in the city.
If you are looking for Boston Real Estate property you may want to hire an agent from the area. Good Boston real estate agents are hard to find. You will want someone who lives in the neighborhood or who knows the area very well. They will be able to give you the ins and outs objectively. Truth is it is difficult to choose one but go with someone with a strong reputation.
Boston Real Estate has become a hub for young urban professionals. This is very different from the blue collar folks of the past. Many townies have left South Boston due to the rise in property values. This has really changed the landscape of people who live in Southie.
The main driving force behind Boston real estate is condos. This is partly because many apartments were converted into condos. These condos were old apartments and many have been converted into updated state of the art condos. These units have granite gourmet kitchens, hardwood floors, fireplaces and much more. What was once an old apartment is now a beautiful condo.
The beauty of South Boston is its location not only to Boston but to the south as well. It is only a 50 minute drive to Cape Cod and Providence Rhode Island. There is so much to see and do and just a short drive away. Many locals will drive to Cape Cod for their weekends. This is a New England tradition for many years.
South Boston features very compact neighborhoods and small streets. One block of real estate could be priced lower than the next block or street over. The closer you get to the water also increases the price of South Boston real estate. Your real estate agent must know these little details to get you the best possible selling price or the best possible buying price. It is extremely important to really sit down with your agent and go over your budget and needs. This is a critical step in finding you the best property available.
Boston Real Estate
Boston is the capital and most populous city of Massachusetts. As of 2005, the city of Boston's population was 596,638. Additionally, Boston lies within a large metropolitan area, the 11th largest in the United States, known as "Greater Boston", which is home to approximately 4.4 million people. Boston is not only the largest city in Massachusetts, but also in the whole of New England, and hence is often considered the unofficial cultural and business capital of the region.
Attractions in Boston include:
Franklin Park Zoo
Museum of Fine Arts
Museum of Science
New England Aquarium
Here is some more information about the area:
Some of the major companies headquartered in Boston include Bain & Company, Bain Capital, Gilette (now a subsidiary of Proctor & Gamble), Liberty Mutual Insurance Group, New Balance and The Boston Consulting Group.
Boston is sometimes known as the "Athens of America" because of the many teaching, educational and research institutions located in the area - including over 100 colleges and universities in the Greater Boston Area, and more than 250,000 students in Boston and Cambridge. Important education institutions in Boston include Boston University, Harvard University's business and medical schools, Northeastern University and Suffolk University. Boston University is a private research university and 4th largest employer in the city. Northeastern University is a private national research university known for its links with business and industry. Suffolk University is a small private university, particularly known for its law school.
The main airport for Boston is Logan International.
Professional sports teams in Boston include the Major League Baseball team, the Boston Red Sox, the NBA basketball team, the Boston Celtics, and the NHL ice hockey team, the Boston Bruins.