So You're Thinking of Buying a Home in Boston?

Posted by Tara Peterson on Tue, Aug 09, 2011

You've never done this before, and it can be, well...kind of intimidating. I'm sure you've had your doubts, questions, concerns... it can be really quite overwhelming, but it doesn't have to be!!

You've been pondering this, discussing it with friends and family, but want more information on the market and what actually happens during your first home buying, but you're not quite sure where to get the answers? We at Charlesgate Realty Group can you help you!

We've been hosting a Boston Home Buyer Class for a few years now. It's free. And we discuss things such as:

     •    Renting vs. Buying: Whether it even makes sense for you to buy right now
    •    Homebuying process and timeline: How long it actually takes to buy
    •    Working with an agent: How it works and whether or not you really need one
    •    What mortgages are still available and how much cash you need to buy
    •    Using neighborhood level data (like discount ratios and real time trend graphs) to value properties
    •    Negotiating 101: How to craft your offer to drive a hard bargain!
    •    Top 10 online resources to aid your home search

It's very low key, we offer food and drinks before and afterward and it's a great way to learn about the Boston real estate market, ask questions that you may have regarding the process. In fact, our buyer agents stick around to answer any other questions you may have that we may not have hit upon during the class. The class is at 6pm on Tuesday September 20.

Click here to get more information and to register. We hope to see you there!

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Tags: Condos, charlesgate realty, Boston real estate, Boston condos, charlesgate realty group, Boston, Back Bay, downtown boston, South End, South End, for sale, buying, foreclosures, housing market, attorneys, economy, the economy, buyers, financing, buyer tools, events, condo docs, buyers agent, property search, pricing, property tax, Financial District, beer

Sneak Peek of the 19th floor at The Metropolitan

Posted by Susan Doig on Fri, Mar 25, 2011

[This is a post by one of our buyer agents Susan Doig.  Susan can be reached at]

This past Wednesday, like every Wednesday morning, we started our day with a weekly team meeting. We gathered to go over market news as well as the pipeline of upcoming listings coming our way. There are a lot of really great listings from Charlesgate Realty coming on market in the near future!

We did not have a guest speaker this week. (And you didn’t hear it from me but rumor has it we are having a mortgage professional join us next week that can help with some of the issues being experienced by buyers on condo mortgages. Check back here next week for more details!)  Since we are constantly striving to make ourselves better, we learned some efficient ways to improve communication with our buyer clients.  The technology and systems we use here are really state of the art and help us provide the best service and advice to clients.

After our meeting, we headed out to preview a few new listings coming on market soon.  We viewed two condominiums in South Boston and one condo in the Theater District, all ranging in price from $399,000 to $745,000. They were all great properties but I am picking the 3 bed/2 bath condo located on Nassau Street in the Metropolitan as my “sneak peek of the week”:

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Tags: Boston real estate, Boston condos, buying, buyer agent

A day in the life of a Charlesgate Realty Buyer's Agent

Posted by Susan Doig on Thu, Mar 10, 2011

[This is a post from Susan Doig, a Buyer Agent at Charlesgate Realty Group. If you have questions, please contact Susan].

As a buyer agent at Charlesgate Realty Group, I always get a lot of questions about what I do.  So I'd like to write about just that in a regular weekly post and also share some of what makes us great at Charlesgate Realty.

Yesterday, just like every Wednesday morning, we start our day with a team meeting. We gather to go over any new properties that are coming on the market as well as our pipeline of upcoming listings.  This helps keep us up to date on the market and be able to educate the buyers that we represent to help them get a better deal on a new home. 

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Tags: Condos, charlesgate realty, buying, buyer agent

Searching for a Boston foreclosure deal

Posted by James Marsden on Mon, Dec 27, 2010

[This is a post from James Marsden, a Buyer Agent at Charlesgate Realty Group. If you have questions, please contact James].

Based in the jump in the number of foreclosure petitions issued by banks (the first step in the foreclosure process) in Massachusetts in 2010, foreclosed properties should continue to play a large role in the Boston real estate market.

While foreclosures can be an awesome deal, searching for and buying a foreclosed property in Boston and the surrounding area is a daunting task.  Property being foreclosed on is sometimes referred to as a Short Sale, a Pre-Foreclosure, Off Market Pending Eviction, REO, Bank Owned, Lender Owned, or some other technical term.

Each one of these terms and status have an impact on not only how much you offer for a property but how you can even find the properties and to whom the offer should be made.

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Tags: buying, foreclosures, REO, marsden

Boston real estate home buying timeline

Posted by Michael DiMella on Fri, Oct 16, 2009

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Tags: Boston real estate, Boston condos, buying, buyer tools

Buyers responding to $8000 first time homebuyer tax credit and all time low mortgage rates

Posted by Michael DiMella on Fri, Apr 10, 2009

Is now a good time to buy? 

Apparently many buyers are starting to think so.  With mortgage interest rates falling to their lowest recorded levels ever (4.78% on average according to the latest Freddie Mac survey) and the implementation of the new $8,000 first time homebuyer tax credit, Boston real estate market activity is starting to pick up.  As I briefly mentioned in my latest Boston condo pricing post, I have been seeing signs recently of a big uptick in market activity after being down throughout the winter.

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Tags: Greater Boston, buying, the economy, taxes

Jumbo mortgage loan rates may finally be coming down

Posted by Michael DiMella on Thu, Apr 09, 2009

If you've been dreading the substantial bump in interest rates that comes along with loans for purchases or refinances above $523,750 (which is the current conforming loan limit in the Boston area), you're not alone.  Since about half of all condos sold in downtown Boston sell for more than $500K (according to the latest median Boston condo prices), I suspect there are a lot of people in the same boat.   But now there is finally some good news for those of you thinking about buying or refinancing an "expensive" home or condo in Boston.

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Tags: buying, financing

Longwood Towers Condos in Brookline to be auctioned

Posted by Michael DiMella on Tue, Mar 10, 2009

Longwood Towers (at 20 Chapel Street in Brookline, map below) is set to auction off 40 of the condos available for sale on Sunday, April 4th.  The complex consists of 249 total units over 3 buildings, only 78 of which have been sold to date in 2 of the 3 buildings (renovations, and sales, have not yet begun in the third building).  The building has had it's fair share of troubles, including slow sales that caused the original developer be foreclosed on.  The Boston Globe ran an article today about the situation:

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Tags: buying, brookline, auction

First-time Boston home buyer seminar

Posted by Michael DiMella on Wed, Feb 04, 2009

I just wanted to let you know that I have a few seats still available for the first time Boston homebuyer seminar I am holding at my office next week.  Seminar is probably not the right word, since it will be a fairly small, interactive presentation (actually more of a discussion and Q&A, I hope), but that's what we're calling it I guess!  We'll have food (and beer!) and just talk about the market conditions and the buying process.  Some of the topics we'll cover:

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Tags: buying

Is it a buyer's market in Boston or not?

Posted by Michael DiMella on Tue, Feb 03, 2009

Between my work with a lot of new projects and meetings that took me out of Boston for a few days, it's been a slow week or so for me in terms of blog posts, but rest assured I am working on some very cool new items for this blog that will be unveiled over the next few weeks.  In the meantime, here is a post from last September that I thought would be relevant for buyers in the Boston condo market right now:

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Tags: buying