January 2018

Found 5 blog entries for January 2018.

Real estate is always a great investment. According to researchers, 2018 is a great year to buy due to more moderate gains in home prices and rising inventory levels. We know the process can be quite daunting which is why we are here to guide you through everything. Here are a few reasons why we this you should consider buying in 2018. 

1. Rates are going up. After a few years of low-interest rates, the federal government had to make some increases. The rate for a 30-year mortgage increased to 4% and is anticipated to reach 5% by the end of the year. Economic growth has something to do with that momentum, which is why it may be important to act sooner rather than later. 

2. Prices are on the rise, but not super fast. It is anticipated that price

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The area known as Dry Dock 4 in the Seaport behind the Blue Hills Pavillon is due for some remaking. Although there are no proposed plans yet, there has been a question of what to do with the spit. Two entities have put forth ideas for what to do with the land. One calls for a park that the area would love and needs, and the other calls for a floating hotel of 300 to 500 rooms. There have been no proposals because the Boston Planning and Development Agency has to consider the restrictions for the area in terms of commercial and marine activities. The dock needs a lot of repairs, and nothing formal will come until the spring. Stay tuned!

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Boston ended the 2017 year with rents up slightly for one and two bedroom units. According to the real estate research site Zumper, Boston is now the 6th most expensive city to rent behind New York, Washington, San Jose, San Francisco and Los Angeles. The median one-bedroom Boston rent was $2,270 a month, up 0.9 percent annually. The median two-bedroom rent was $2,700, up 3.8 percent from the same period 12 months ago. What could this mean for the market? Stay tuned and find out as we enter this year in real estate. 

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Have you heard we're getting a big storm tomorrow? If this is going to be anything like 2015, it should be a big one! 

The city closes all major road for parking during snow emergencies, and they will ticket or tow cars. Click here for a list on the city closures and procedures for your street or the streets around you! 

Keep the news on for updates if you need them. The Mayor and Governor will be able to update everyone based on the State and City emergencies as the snow starts to come tonight. If you need other information for resources click here, and you can always call the 311 hotline for more information. 

Stay safe and warm! 

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There are 5 eye catching developments that will be making head way this year in the Dorchester neighborhoods.

The old Boston Globe site will be converted into an life sciences and technology office complex. There will be restaurants, retail and potentially a craft brewery, but no residential units.

Dot Block will be a mixed used development featuring 10 different buildings, over 360 residential units, 450 parking spaces and over 400,000 sq. ft. of retail space. This is the biggest single development project in Dorchester to date.

Talbot Avenue has proposed a mixed-use development featuring 40 residences located steps from Dorchester’s Peabody Square. Details are still unclear about this new proposed project - so stay tuned!

Things have been

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