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Archive for the ‘Boston Condos and Homes’ Category

The Clarendon Boston Penthouse Gets Staged

Wednesday, December 12th, 2012

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

 

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Posted in Boston Condos and Homes | No Comments »

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

Monday, September 17th, 2012

 

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

Posted in Boston Condos and Homes, Ultra Luxury Homes For Rent | No Comments »

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

Tuesday, August 28th, 2012

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

Posted in Boston Condos and Homes, Boston Home Prices, News | No Comments »

A Quickly Moving Boston Condo Market

Thursday, March 22nd, 2012

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

  1. Know the market.
  2. Know your budget.
  3. Do not hesitate if you see something you like because it could be gone tomorrow.
  4. Talk to your bank if you not a cash buyer and get pre approved.
  5. 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.

Posted in Boston Condos and Homes, Boston Luxury Apartment Rentals | No Comments »

Luxury Residential Group – #1 In Rentals for 2010

Wednesday, January 5th, 2011

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

Posted in Boston Condos and Homes, Boston Luxury Apartment Rentals, Boston Luxury Apartments, LRG In The News | 1 Comment »

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

Tuesday, August 10th, 2010

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

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interior1

Posted in Boston Condos and Homes, LRG In The News, Massachusetts Finest Properties | No Comments »

Why Macallan in South Boston is a Home Run

Tuesday, June 29th, 2010

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 Living Room

Macallan Bedroom

Macallan Bedroom

The Macallan Pool

The Macallan Pool

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Posted in Boston Condos and Homes | 1 Comment »

Boston Home Price Correction? Not according to Case Shiller

Thursday, May 27th, 2010

Boston CondosAll 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.


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Posted in Boston Condos and Homes | 1 Comment »

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