LRG Boston Real Estate Blog » Boston Condos and Homes

The Clarendon Boston Penthouse Gets Staged

admin — Wed, 12 Dec 2012 17:13:43 +0000

How about a peak into one of the most coveted penthouses in the city? Located at The Clarendon Condo Development in Boston’s Back Bay the stunning condominium encompassed the entire floor, has direct elevator access, and stunning views on four sides from floor to ceiling windows. Asking price is $7,100,000 w/2 valet parking spaces, 3,545 square feet, 3+ bedrooms and 3.5 bathrooms.(Rumor has it that one of the penthouses are about to go under agreement) There are also two other PH units starting at $6.7 million but do not have private outdoor space. (Photos Courtesy of Richard Mandelkorn Photography)

Clarendon Boston Penthouse Guest Bedroom

74 Beacon, Boston, MA – Why buy when you could rent for $40,000/mth?

admin — Mon, 17 Sep 2012 19:37:45 +0000

74 Beacon, one of the most spectacular single family homes in Boston, MA hits the market for rent. For just $40,000 per month, you can try City living before purchasing. 74 Beacon is also on the market for sale at $13.95 million. Here is a closer look at this spectacular property which features a rooftop pool.

Photos Provided courtesy of MLS and Sprogin & Neal RE and Campion RE

Case Shiller Index in Boston up 2.5% Between May/June 2012

admin — Tue, 28 Aug 2012 17:03:10 +0000

According to today’s Case Shiller Report, Boston housing prices are up 2.4% between April2012/May 2012 and another 2.5 percent between May 2012/June 2012. Year over year, Boston is even. This is in contrast to cities like Atlanta who are down over 12% year over year and New York which is down 2.1% year over year. Just more evidence that Boston, MA is one of the most stable real estate markets in the country.

Click for full report ————> Full S&P and Case Shiller Report

A Quickly Moving Boston Condo Market

admin — Fri, 23 Mar 2012 02:33:46 +0000

By Joshua A. Golden and Craig Anne Lake

Real Estate in Boston is changing quickly

With rental rates on the rise, Boston is beginning to feel more like Manhattan. What we are beginning to see is a shift from renting to purchasing. With inventory at all time lows, the rental market in Boston has become quite overheated, which in turn has driven rental prices up and inventories down.

Why is Boston so much hotter than other parts of the Country?

Look no further than the areas 40 Universities, dozens of hospitals, one of the country’s largest biotech communities, and of course, the huge influx of World renowned Financial Companies/Hedge Funds. As these companies grow, so does the need for housing.

Furthermore, there is a growing trend for empty Nester’s who want to simplify their lives by moving into the city from surrounding Suburbs like Wellesley, Newton, Weston, Sudbury and Andover. Combine that with a huge inflow of money from Asia and The Middle East and you have a recipe for a quickly moving market.

The problem has been the lack of inventory. Due to the fact we have had a warm Winter, Spring buying has come early.
It is not uncommon to see multiple offers and sometimes bidding wars for well priced properties.

Our Advice

Know the market.
Know your budget.
Do not hesitate if you see something you like because it could be gone tomorrow.
Talk to your bank if you not a cash buyer and get pre approved.
Most importantly, use ONE experienced buyers agent that knows the market. Remember, a good agent has seen thousand’s of units and knows a good opportunity when they see one. Furthermore, they will assist you with the buying process.

Luxury Residential Group – #1 In Rentals for 2010

admin — Thu, 06 Jan 2011 03:10:54 +0000

In our first full year, Luxury Residential Group has achieved one of our goals, to be one of the best, full service, boutique brokerage firms in all of Massachusetts. We would like to thank all our customers for their loyalty and our agents for their hard work. Without you, we could not have achieved this great honor.

Below are the rankings, over the last 12 months, of all Massachusetts firms that do rentals. This includes companies with over 1,000 agents.

Report Run: 1/5/2011 9:48:16 PM
Start Date: 1/1/2010
End Date: 1/5/2011
Towns: All of Massachusetts

1	Luxury Residential Group, LLC Boston, MA 02116	37 226,590	11 51,200	106 330,220	154 608,010	191 1.24
2	Otis & Ahearn – Newbury St Boston, MA 02116	33 221,180	57 244,070	37 136,050	127 601,300	160 1.23
3	Joyce Lebedew Real Estate South Boston, MA 02127	75 346,350	65 157,550	22 43,750	162 547,650	237 1.12
4	Gibson Sotheby’s International Realty Boston, MA 02118	57 251,910	84 204,334	19 51,600	160 507,844	217 1.04
5	Hammond Rental Group Chestnut Hill, MA 02492	43 233,882	48 165,020	20 83,415	111 482,317	154 0.99
6	Coldwell Banker Residential Br Boston, MA 02116	37 269,750	47 151,675	12 50,225	96 471,650	133 0.96
7	Otis & Ahearn – 84 Atlantic Boston, MA 02110	30 187,700	59 192,555	22 68,700	111 448,955	141 0.92
8	Coldwell Banker Residential Brokerage – Boston – Newbury St. Boston, MA 02116	27 170,500	24 95,800	36 140,479	87 406,779	114 0.83
9	Gibson Sotheby’s International Realty Boston, MA 02116	19 118,510	33 127,000	23 133,300	75 378,810	94 0.77
10	Success! Real Estate Braintree, MA 02184	94 285,738	32 46,969	27 42,000	153 374,707	247 0.77
11	Coldwell Banker Residential Brokerage – Brookline Brookline, MA 02446	34 157,160	45 125,325	29 88,165	108 370,650	142 0.76
12	CL Waterfront Properties BOSTON, MA 02110	41 240,500	22 80,950	12 45,525	75 366,975	116 0.75
13	Flavin & Flavin Realty, Inc. Quincy, MA 02169	21 53,070	1 1,500	5 311,125	27 365,695	48 0.75
14	Boston City Properties Boston, MA 02116	6 22,250	4 11,395	147 328,685	157 362,330	163 0.74
15	Keller Williams Realty Braintree, MA 02184	11 27,550	3 307,500	5 11,050	19 346,100	30 0.71
16	Coldwell Banker Residential Brokerage – Wellesley – Central St. Wellesley, MA 02481	28 171,900	20 91,925	22 78,220	70 342,045	98 0.70
17	Gibson Sotheby’s International Realty Boston, MA 02109	24 120,020	74 177,630	9 25,775	107 323,425	131 0.66
18	Warren Residential Group, LLC Boston, MA 02116	27 137,700	8 21,550	45 162,775	80 322,025	107 0.66
19	Centre Realty Group Newton, MA 02459	23 125,940	15 52,475	29 81,400	67 259,815	90 0.53
20	Keller Williams Realty Boston Boston, MA 02116	38 140,592	30 65,820	23 49,745	91 256,157	129 0.52
21	Coldwell Banker Residential Brokerage – Cambridge – Mass Ave. Cambridge, MA 02138	31 164,850	28 66,460	9 24,650	68 255,960	99 0.52
22	Coldwell Banker Residential Brokerage – Boston – Charlestown Boston, MA 02129	38 152,350	31 64,050	20 39,125	89 255,525	127 0.52
23	Boston Residences, Inc. Cambridge, MA 02141	41 218,300	13 28,325	3 7,345	57 253,970	98 0.52
24	ePlace Cambridge, MA 02139	31 147,460	16 44,350	7 15,075	54 206,885	85 0.42
25	Coldwell Banker Residential Brokerage – Concord Concord, MA 01742	20 72,140	34 68,670	30 65,643	84 206,453	104 0.42
26	RE/MAX First Choice R. E. Northborough, MA 01532	42 131,970	27 39,376	21 34,215	90 205,561	132 0.42
27	Jacob Carlin South Boston, MA 02127	53 165,950	13 22,500	9 15,400	75 203,850	128 0.42
28	Ford Realty – Boston Boston, MA 02114	38 135,290	21 43,845	9 24,625	68 203,760	106 0.42
29	Boston Realty NET.com, Inc. Boston, MA 02116	26 125,930	18 45,950	10 24,750	54 196,630	80 0.40
30	Coldwell Banker Residential Brokerage – Worcester – Park Ave. Worcester, MA 01609	53 119,850	44 49,770	20 25,445	117 195,065	170 0.40

Luxury Residential Group Represents The Buyer In The Biggest Condo Sale of July

admin — Tue, 10 Aug 2010 17:02:21 +0000

Joshua A. Golden of Luxury Residential Group represents the buyer in the sale of the Penthouse at The Meads on Commonwealth. The final price settled at $5,400,000 and is Boston’s largest condo sale of July and 6th largest in 2010. Tracy Campion represented the seller.

After previewing over 50 luxury condos throughout Boston, the buyer fell in love at first site. The home had everything they were looking for. I am sure you will agree after seeing all the features and photos:

3,750 square feet of interior, single floor living space
2,034 square feet of private/deeded outdoor terrace
Direct elevator access
Koi pond
Jacuzzi
Single floor living
Wonderful outdoor space
Custom chef’s kitchen
4 bedrooms/3.5 Bathrooms
2 gas fireplaces
Built in surround sound
Private balcony off the master bedroom
Two deeded underground garage parking spaces
Storage

Why Macallan in South Boston is a Home Run

admin — Wed, 30 Jun 2010 02:05:14 +0000

The Macallan Building is the first “Green Property” in Boston. It features state of the art kitchens, high ceilings, loftlike open spaces, large windows, garage parking, an on site fitness center and our favorite feature, the rooftop swimming pool which surrounded by lounge chairs and outdoor grills.

Macallan is ideally located across the street from the Broadway Redline train station. It is near the top of our, most recommended properties list. The condo fees are low at about $.50/foot and the prices start in the high $400′s/foot as compared to $1,000′s/foot at The Ritz, Clarendon and One Charles.

Macallan Living Room

Macallan Bedroom

The Macallan Pool

Boston Home Price Correction? Not according to Case Shiller

admin — Thu, 27 May 2010 23:05:20 +0000

All we hear about in conversations and the media is that home and condo prices are down across the board. As brokers, we are constantly asked, “You guys must be hurting seeing the real estate market is down so much?”. The short answer, home/condos sales, a huge segment of Boston proper real estate, is STRONG compared to many other regions of the country. As a matter of fact, The Case Shiller Index, a leading indicator of home prices around the Country came out today and verified it. Where cities like Las Vegas(-12%), Seattle(-3.6%), Miami(-1.6%), Chicago(-2.3%), New York(-2.4%), were all down year over year, Boston was actually up 3.8%.

Although we do not have a crystal ball, Boston has proven to be one of the best cities, in the entire Country, to own real estate. Boston has one of the most diverse resident mixes in the entire world. Just take a sampling from South Boston to Brookline and you will see the wonderful diversification Boston features. Rest assured, your hard earned money will be well spent when purchasing a town-home or condo in and around Boston.