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

Perspective: Greater Boston Real Estate Prices Since 1996

Posted by Michael DiMella on Thu, Jan 27, 2011

The graph below shows a long term view of home sales and prices in the Greater Boston region real estate market (made up of the 54 cities and towns more or less within the Rt. 495 belt west of Boston) since 1996.

As you can see, the number of sales is still off the peak substantially - but for what matters most to home buyers and sellers, prices began to rebound off the bottom in 2010.  In fact, single family prices in 2010 were off their peak (in 2005) by only 7%, and condos were off their peak (in 2007) by less than 2%. 

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Tags: home values, housing market, Boston real estate

Attend our upcoming Boston First Time Home Buyer Class for free

Posted by Tara Peterson on Thu, Jan 06, 2011

FEBRUARY 1, 2011 UPDATE: Due to popular demand (aka...selling out our first two sessions in January!) we're adding several more home buyer classes to our schedule.  Please visit this page for the updated schedule.


We're hosting our first Boston Home Buyer class of 2011 on Tuesday, January 18th at 6:00pm (and due to demand, we just added our second class of the year on January 25 at 6pm).  If you are thinking of buying a new home in Boston in the near future, there's no better place to learn the process than at our free, informal home buyer class. 

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Tags: Condos, home values, housing market, charlesgate realty, Boston, Boston condos, charlesgate realty group

New Report: The Boston Condo Market in Review 2000 to 2009

Posted by Michael DiMella on Thu, Feb 11, 2010

UPDATE (FEB 11, 2009): My 2000-2009 Boston condo market report is now complete.  Download it now!

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Tags: Back Bay, housing market, Boston, Boston real estate, Boston condos

Ten Most Expensive Boston Condos Sold in 2009 (with market stats)

Posted by Michael DiMella on Wed, Jan 27, 2010

2009 was a very interesting year in the Boston real estate market.  Prior to the release of my 2009 year end Boston condo market report, here's a quick peek at the past year compared to 2008 and 2007:

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Tags: Beacon Hill, Condos, Back Bay, buyers, housing market, selling, Boston, Boston condos

State and national real estate sales rose in 2009, but prices are down

Posted by Michael DiMella on Tue, Jan 26, 2010

December monthly sales numbers (and the annual data) have been released for both the state and national markets (I'll be releasing my own Boston condo market report for 2009 shortly too).  Here are the facts:

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Tags: housing market, the economy, Massachusetts, Boston real estate, Boston condos

Just how accurate are the Boston real estate market stats in the news?

Posted by Michael DiMella on Wed, Dec 02, 2009

Generally speaking, the stats reported are perfectly accurate.  Reporters get their stats and market info from reputable sources who release monthly housing data like The Warren Group or the Massachusetts Association of Realtors

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Tags: Condos, Back Bay, housing market, in the news, luxury, Boston, Boston condos

Congress passes $8000 home buyer tax credit extension & expands income limits

Posted by Michael DiMella on Thu, Nov 05, 2009

Major news out of Congress.  Today, the House voted 403-12 in favor of extending and expanding the $8000 first time buyer tax credit after the Senate did the same yesterday by a vote of 98-0.  The president is scheduled to sign the bill (which also includes provisions to extend unemployment benefits) tomorrow morning to officially make it law. (Update Nov 6: It was signed by President Obama today, officially making it law).

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Tags: taxes, buyers, housing market, the economy, Boston real estate, Boston condos

Boston condo market update (with highest and lowest sales for September)

Posted by Michael DiMella on Thu, Oct 15, 2009

I know posting has been a bit slow around these parts lately (sorry!) but I'm working on a few new website enhancements for this site and also for our Boston Apartments site that have been keeping me busy.  I'm planning to get back to a more regular writing schedule over the next few weeks, but in the meantime I'll try to try to keep you updated on the Boston real estate market the best I can - it's a strange market out there right now!  Anyway, here's a quick statistical update for the past month's data:

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Tags: housing market, Boston real estate, Boston condos

Top 5 highest and lowest priced Boston condos sold this month

Posted by Michael DiMella on Fri, Aug 28, 2009

Similar to how I wrote about the Boston real estate market in April and May (sorry - I skipped June), here are the Top 5 highest and lowest priced Boston condos sold in July.

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Tags: housing market, foreclosures, Boston real estate, Boston condos