Archive for the ‘Condos For Sale’Category

Boston’s Rising College Costs Give Way to New Real Estate Trend

A recent article in the Wall Street Journal explores the growing trend of parents buying property in college towns for their son or daughter to live in while attending school. In today’s real estate market, a mortgage for a single-family home in Boston can be cheaper than the cost to rent an apartment or to live in a dorm. The Boston Globe even noted that housing prices continue to fall while “renters feel no relief” – rents remain the same or increase. At public and private universities nationwide, room and board has increased 5% since last year, averaging $7404 per school year for public universities and $8595 for private. With many families struggling to pay rising college fees, a change in housing options can provide huge relief on monthly expenses.

A search through Boston real estate listings pulls up a three-bedroom, one bath condominium on Grant Street in Boston. Close to the UMass Boston campus, this listing would be ideal for a student and a few roommates. A monthly mortgage payment could cost under $2000. To compare the benefit of owning a home to renting an apartment, parents could use Google Maps’ rental search feature to browse apartments listed around UMass Boston. It can cost anywhere between $1500 and $1800 for a 2-bedroom rental, or between $750 and $900 to rent one of the bedrooms. By purchasing a condominium, parents could rent out the two other rooms and cover part of the mortgage each month. The cost to house their son or daughter would be less than the area’s average monthly rent. The parents would be saving money in the short term. Thinking more long-term, a college town has a recession-proof demand for apartment rentals. After graduation, the family could continue renting out the property to college students or to a family.

Buying property in Boston offers relief for families struggling to keep their student in college. The short-term advantages are just as valuable as the long-term benefits.


Going from Renter to Owner in Cambridge MA

In Boston, a renter’s average payment is about $1700 per month. Year after year, rents have gone up while housing values fall. Sometimes, making the transition from renter to homeowner makes the best financial sense – especially now that the real estate market is a buyer’s market. Cambridge MA real estate can offer a simple way to go from renter to homeowner.

In this buyer’s market, now is the perfect time to make that transition. The city of Cambridge is an excellent place for a young professional in Boston to transition from renter to buyer without sacrificing any facet of his or her city lifestyle. Cambridge is home to some of Boston’s most cherished restaurants serving an array of world cuisines, from Indian to East African. The city’s intellectual pulse is reflected in the rotating independent films shown at its famous theaters. Some of the best shopping in Boston can be found in the small, eclectic shops around Harvard Square, and of course there’s always the CambridgeSide Galleria. The close-knit community of Cambridge celebrates is diverse cultural roots through annual performances and parades such as its African street carnival and its own world’s fair.

Take advantage of the buyer’s market and browse some of the condo and home listings in Cambridge real estate.


No Offers For That Cambridge Condo? Here’s What You Do

It happens sometimes. No offers come on a Cambridge condo that you were sure would sell. Still, there’s no need to hit the panic button right away. By looking at a few different areas you might be able to pinpoint the problem.

  1. Have you given the agent enough time? Selling Cambridge condos can be a little different than selling homes. Remember that the whole process, even in the best of times, is likely to take several months.
  2. Take a good look at the agent’s marketing plan. One of the reasons that a property doesn’t sell is it hasn’t has enough exposure
  3. Is the place in the best shape that it can be in? Remember that you might not see the thnigs that need to be looked after or fixed when you live in the place everyday. The Cambridge real estate that sells quickly often has another set of eyes looking through it first.
  4. Is the condo priced fairly? Here you need to be realistic. Often what you want in a price isn’t what you’re going to get given market conditions.

If looking at these factors doesn’t change things and you still find that you’re not getting any offers, you might want to offer potential customers something extra like paying part of the closing costs.


19

08 2009

How To Find A Good Home Inspector For That Wellesley Home

Before you buy a Wellesley home, you should have it inspected by a professional home inspector. These are the experts that can help you to determine if there’s really anything seriously wrong with the Wellesley real estate that you’re looking at. You will need to how to find to find a good home inspector to get the best results. And that means there are some questions that you can ask

  1. You’ll want to know how long they’ve been in the business. Experience is everything in most jobs and that includes home inspection. The longer a home inspector has been working in the field, the more likely they are to catch all the smaller things that can make a difference down the road.
  2. Ask about their training and background as well. Like real estate agents, the best home inspectors are the ones that have the best training and are willing to upgrade constantly.
  3. Remember that you should avoid home inspectors that also do repair work or that have friends that they can recommend to you. It’s best if you hire someone that has nothing to gain by find out out what’s wrong with the Wellesley home that you’re looking at

Finding the fight home inspector is just another aspect of buying a home that you need to take seriously.


16

08 2009

That Cambridge Condo And The Insurance You Need

You need to remember that a condominium is very different from a freehold and that means that the insurance that you’ll need to get for your Cambridge unit will also be different. The building is owned by the condominium corporation and they have the obligation to insure it.

While the corporation usually extends their coverage to the things that can happen on the grounds of the condo, you still need to get a separate insurance policy for the things that pertain to the inside of your unit.

You need to start out looking for some kind of contents insurance for the things on the inside. You’ll find that this is the only policy that you can get which is similar to the ones you need for freehold homes.

Liability is another type of coverage that you’ll need. This covers damages that anyone suffers within your Cambridge Condo. You should also consider getting coverage for any damage on the inside of the unit as well.

Getting the right insurance is one of the things that you’ll need to consider carefully so that you can enjoy your new Cambridge condo without worrying about any insurance issues.


14

08 2009

Boston Condos for Sale and Finding Your Ideal Space

When you are thinking about buying Boston real estate, one of the great things that you’ll be able to think about is the fact that there are homes that are ideal for everyone. Boston condos for sale, after all, are going to give you the opportunity to find a space that’s comfortable, to find a home that’s near your workplace, a home that’s going to let you have access to your favorite museums and sports teams and everything else that matters to you.

Of course, in order to find your ideal space when you start to look into Boston condos for sale, you’re going to need to make sure that you know what you’re looking for. Rather than just looking into homes that are comfortable, you’re going to want to make sure that you’re looking into condos that offer everything you need – whether it’s three bedrooms, a view of the Charles (though many may see that as a want rather than a need) , or it’s a gourmet kitchen. Rather than thinking about your short term goals, you’re going to want to make sure that you’re thinking about the future – and what it’s going to take to achieve the goals you’ve set for yourself.

When you’re looking into Boston condos for sale, in other words, it’s important to make sure that you’re looking beyond what seems cool right now – you’re going to want to think about your goals and what it’s going to take to reach them. Specifically, you’re going to want to make sure that you’re looking at Boston condos that are ideal – that will help you reach all of your goals and that will meet all of your needs.


24

05 2009

Cambridge Homes Are a Great Investment

One of the great things that you’ll find when you start to look into Cambridge homes for sale, is that there are plenty of opportunities for making an investment. Ultimately, Cambridge homes – whether you’re looking at single family homes of you’re interested in finding a great condo that will let you have a sense of knowing where your college student will be living – offer a variety of different experiences, open doors and give you the chance to explore your community.

When you start looking into Cambridge real estate and condos, you’re going to discover homes that are near some of the most well-reputed colleges and universities – which is ideal if you’re focused on making sure that your kids get the best education possible. Likewise, the more that you are focused on being near libraries, folk venues – like Club Passim in Harvard Square – or fantastic ethnic foods like those that you’ll find in Central Square and elsewhere.

By taking the time to look into Cambridge homes and condos for sale, you’re going to find yourself in a great position to explore your interests and your passions. You’ll find that you aren’t just making an investment in property or in a community – you’re going to find that you’re able to make an investment in yourself. You’ll be able to choose what you want to live near – and you’ll know that you’re able to get out and experience the life that you want to live.

Finding a Cambridge home or condo for sale that’s going to match your interests is easy; having the life that you feel great about can be too.


16

05 2009

Where Will You Look for Boston Condos for Sale?

If you’ve decided to take advantage of great prices on Boston condos and to buy a home of your own, one of the things that you’re going to want to be sure of is that you know where to look. So, where should you start looking when you’re thinking about buying Boston condos for sale?

One of the first places that people used to turn when they were looking into Boston condos (and other real estate) for sale used to be the real estate section of the Boston Globe; while the paper is struggling, the challenges that they are having are not the only reason why people haven’t been turning to print media when they’re looking for a home. These days, the reality is that people who are looking for homes in the Boston area – or anywhere else for that matter – are starting their real estate search online.

By making sure that you’re going to a great Boston real estate web site when you are searching for Boston condos for sale, you’ll be able to find a variety of information. You’ll be able to:

  • learn more about different communities
  • find out more about the local schools
  • get a sense of home prices in a particular part of the city
  • look at listings for Boston condos that are on the market

The more that you focus on conducting a thorough search for Boston homes – a search that enables you to focus on finding a home that’s everything that you’re looking for – and the better the resource that you have, the sooner you’ll find yourself in a great home of your own.


04

05 2009

Finding Boston Condos for Sale After Taking a New Job

One of the things that you’re going to want to think about if you’ve been looking into jobs in Boston and are ready to find Boston condos for sale so that you don’t have to get involved in the rental market is simple: you’re going to need to know where to look for Boston condos – and then you’re going to want to make sure that you know that you’re working with a real estate professional you can count on.

After taking a new job, you’re going to want to be sure that you’re thinking about a number of things. You’ll want to look at the income you’ve had and the income that you can expect. You’ll want to consider what features you are looking for in a home, and you’ll want to think about where in the Boston area you want to live. While some folks may crave life in the Back Bay where their condo will be near Fenway, others are going to want to make sure that they have a view of the Charles or that they’re downtown – say, closer to the theater district.

By taking the time to really identify what you are looking for when you start searching for Boston condos, you’re going to find that there’s a lot less stress involved. Whether you want a home in the North End or the South End, whether you’re looking for a condo in Brighton or on Beacon Hill, knowing that you’re choosing a condo that you’ll love will give you the assurance that you need that you’ll be able to unwind at the end of the work day.


30

04 2009

Looking into Brookline Homes for Sale

If you have been thinking about buying a home of your own in the Boston area, then chances are good that you’ll at least take a look into Brookline homes for sale. There are definitely advantages to looking into Brookline homes for sale – it’s up to you, however, to determine whether or not those advantages are the ones that you are looking for.

When you look into Brookline homes for sale, one of the first things that you’re going to find is that there’s no one set style of property. Whether you are looking for condos or a townhouse, whether you are interested in a single family home as a starter home or you’re looking for a larger property with far more space, you’ll find that looking into Brookline homes for sale will let you explore a number of different options.

Similarly, if you are looking into Brookline homes for sale, you are going to find that there are some properties that are far more urban in setting than others; therefore, you’ll find that it’s a good idea to look at what type of area you are interested in living in. You’ll want to think about schools, what you want to be near and other factors – all of which will help you to find the home that’s ideal for your needs.

While looking into Brookline homes for sale, you’ll want to scope out your interests, consider your needs, and focus on searching for the property that’s everything that you’re looking for – a home that will meet all of your needs.


16

03 2009