Posted: March 31, 2022 By: zach

4 Reasons I’m Still Bullish on Boise Real Estate Market

You might have thought I was off my rocker if I told you Boise, ID was the fastest growing real estate market in the country over the last 2-4 years. According to the most recent data from Zillow, median home prices in Boise are up 70.09% over 4 years and 62.66% over 3 years, which both rank #1 among the top 100 metropolitan areas in the US.

This has prompted many in the industry to regard Boise as the nation’s hottest housing market. Many experts have pointed out that Boise’s real estate market is overpriced compared to household income, with some going as far as to predict that prices might drop like a hot potato this year. However, there’s plenty of data to suggest that Boise’s market has room for growth. Here’s four reasons to still be bullish on Boise.

Posted: March 30, 2022 By: zach

Looking for a Multifamily Home in Boston? Here’s what $800,000 Can Get You

Demand for multi-family homes is rising in Boston, and so are prices in what was an already tight real estate market. Back in December 2021, we wrote an article discussing what you could expect to find with an $800,000 budget for a two- family home in Boston.

Here is what $800,000 can get you in today’s even more competitive market, 3 months later:

Posted: By: zach

The Real Estate Market in Charleston SC May Have A Record Year in 2022

The housing market in Charleston SC looks primed to have a record year in home price growth in 2022. Median home prices in Charleston have jumped by 23.76% in the past two years according to data from Zillow. Now key housing supply metrics and migration trends suggest that there’s still plenty of room for growth in South Carolina’s low country.

Housing Inventory At Lowest Level In Last 5 Years

According to Zillow’s data, Charleston’s total inventory of for sale properties has dropped by a significant margin over the past 2 years. Compared to 2021, total inventory has dropped by -39.67%, which is the 7th highest 1-year inventory decrease out of the top 100 US metro housing marks. Stretch that back 2 years, and you’ll see that Charleston ranks #6 in total sales inventory reduction at -57.68%.

Posted: By: zach

Featured East Boston Apartments for Rent!

East Boston, also referred to as “Eastie”, is a neighborhood that’s home to some of the most amazing restaurants in the entire city. Residents who live in this region have the privilege of witnessing the most incredible views of the Boston Harbor and city skyline on a daily basis. Eastie’s history, sights, and food scene artfully provide locals with one of the region’s most culturally rich experiences. It’s no wonder that people want to live here. If you’re thinking of moving to Eastie, we have the largest selection of East Boston apartments for rent.

Here are some featured apartments:

Posted: By: zach

2022 East Boston Apartment Rental Market Report

East Boston’s apartment rental market has emerged from the pandemic stronger than ever. Despite the challenges faced over the past 2 years, East Boston’s key apartment supply metrics have hit record lows in the first quarter of 2022. As a result, average rent prices for East Boston apartments have already surpassed all-time highs set during the first half of 2020.

Record Low Rental Supply in Eastie

East Boston’s real-time availability rate (RTAR) is currently 3.66%. Compared to Eastie’s pre-pandemic RTAR, there are less than half of the available apartments there were in late March 2019 when the availability rate was 7.5%. East Boston’s RTAR also started 2022 at an all-time low of 1.24%, surpassing the previous low mark set in January of 2020 (1.54%).

Posted: February 28, 2022 By: zach

Are Boston Multi-Family Homes a Good Investment?

Boston real estate continues to be a solid choice for today’s investors, particularly due to its persistent price appreciation over the last decade. It helps that the Boston rental market has proven to be resilient. In our 2022 Boston apartment rental market report, we discussed the quick correction of the rental market after the unprecedented increase in rental supply numbers due to the COVID-19 pandemic in 2020 and 2021. This was great news for Boston property owners, who are also noting their current renters are renewing their leases at higher rates than previous years. No investment is without risk, but Boston multi- family homes have proven to be a good long-term investment for many landlords.

First, What Constitutes a Good Investment?

Before investing in Boston real estate, you must consider your responsibilities and way of life. While there are many other asset types in which you may consider investing, you need to pick one that matches your lifestyle. You obviously want an investment that makes you money, but beyond that you also want one that aligns with your available time, your financial goals, and the amount of risk you are willing and able to withstand. As with any other business, real estate investing involves capital, potential risks, and needs consistent effort.

When starting out as a real estate investor, the first key to success is to match your commitment, your talents, and above all – your goals. Simply put, what are you trying to accomplish? Are you trying to supplement your income? Start a new career? Be your own boss? You don’t automatically need a superbly detailed business plan, but it’s critical for you to understand what you hope to accomplish by investing in real estate—both professionally and personally.

Posted: By: zach

Boston Condos Listed for $500,000 or Less

Boston condos are constantly in high demand. However, the inventory of condos in and around Boston is limited below the $500,000 price point. Many first-time homebuyers and recent transplants to Boston are looking for suitable condo properties they can afford. While there has been a surge of new condo construction throughout the city of Boston, most of those units are priced well beyond this mark. This leaves them out of reach for a significant portion of buyers. In this article we will present a variety of condos in the Greater Boston area which are listed for sale at under $500,000. Take a close look at the differences between neighborhoods, and how far your money can take you in each.

Posted: By: zach

10 Great Boston Apartments That Are Currently Available

If you’re thinking about touring some Boston apartments, you probably have questions about what it’s like to live in the city. Beantown is a great place to live for residents who enjoy residing in a vibrant coastal city. From exciting college and professional sporting events to cultural activities, there’s never a dull day in the city. No matter your interests, it’s safe to say that Boston has an event for you to take part in. For example, the Boston Marathon is held each April. The Boston Calling Music Festival is perfect for music lovers. There’s also Harborfest, which is held every July 4th, and ArtWeek Boston for people who enjoy art.

Boston is filled with friendly people. The citywide events are the perfect reason to get out and meet some new friends. There are many other reasons why you should search for Boston apartments and move to the city. For example, the shopping is top notch. One famous location for shoppers is Faneuil Hall. There are dozens of small shops and restaurants. In fact, Faneuil Hall has been the center point of shopping in Boston since it opened back in 1743.

Posted: By: zach

Top 5 Mission Hill Apartments Currently on Market for September 1

If you’re moving to Boston, then you owe it to yourself to check out apartments in the Mission Hill area. Located close to Back Bay, Brookline, and the South End, Mission Hill apartments are extremely conveniently located. Furthermore, if you’re interested in culture and the arts, the top two museums in Boston – The Museum of Fine Arts (MFA) and the Isabella Steward Gardner Museum – are literally just down the street. You will find a wide assortment of cafes, bars, and restaurants in the area. Transportation options for commuters include several stations for the Green and Orange T lines. This is in addition to several bus routes connecting Mission Hill to Greater Boston. To help you get started in your apartment search, here are five of the top available units in Mission Hill you should consider.

Posted: February 25, 2022 By: zach

How Much Does A Home Cost in Watertown MA?

Watertown’s real estate market is one the more expensive suburbs in Boston to purchase real estate. In the past 365 days, 425 residential real estate transactions occurred in Watertown and a majority of them (265) were condo deals. Out of the remaining 160 Watertown real estate sales, 93 were single family homes and 67 were multi family homes.

Watertown Home Prices By Property Type
The median price for condos in Watertown is currently $629K which is the 8th highest out of Boston’s 20 closest suburbs, but still short of Boston’s median condo price of $698K. However the median sales price for single family homes in Watertown ($812K) is higher than that of Boston’s ($784K) and ranks 7th highest among metro suburbs. Watertown’s multi-family median sale price also ranks 7th highest among suburbs at $932K.