Category Archives: Home Selling

8 Impressive Doorways throughout Greater Boston

The first impression guests have of a home is established before they even reach the interior. The front door to a house or residence hints at what lies beyond – the architectural detail, thoughtful design, and overall layout of the entryway all play a part in determining the character of the house. From opulent decoration to contemporary character, our most eye-catching homes have the entryways to match.

6 Elba Street – Brookline001-Front_View-4194250-small

5 Bedrooms, 3 Full and 3 Half Bathrooms
Offered at $2,390,000

This Greek-Revival, brick Colonial home has been lovingly maintained with modern comforts between Coolidge Corner and Boston University. The front door artfully blends classic detail with circling windows and a geometric framework.

1008 Beacon Street – Newton1008 Beacon Street, Newton MA

6 Bedrooms, 4.5 Bathrooms
Offered at $1,739,000

The wide stone archway precedes the dark rustic double doorway with this Victorian beauty near Crystal Lake. Elegance abounds with original architectural features, starting with its elegant walkup.

244 Dudley Road – Newton71-nightshot

7 Bedrooms, 4 Full and 2 Half Bathrooms
Offered at $5,250,000

The Dudley Estate, stationed at the end of a long private drive, greets its guests with incomparable grandeur and palatial elegance. Its entryway includes a superb arch and thoughtfully-designed windows, making it an inviting beauty on one of Newton’s most coveted streets.

1272 Beacon Street, Unit 1 – Brookline1272Beacon6

4 Bedrooms, 2.5 Bathrooms
Offered at $1,665,000

With Corinthian-inspired pillars flanking the opulent gated doors, this rarely available Manhattan style condominium home has it all in the heart of Coolidge Corner.

321 Commonwealth Avenue, Unit 10B – Boston Back Bayexterior_1

2 Bedrooms, 1.5 Bathrooms
Offered at $1,149,000

Extraordinary charm draws the eye to the distinct features of this quintessential Back Bay duplex brownstone. The wood detail on the double doors invite visitors to enter, where elegance further awaits.

16 Keefe Avenue, Unit B – Newton16keefeb

3 Bedrooms, 2.5 Bathrooms
Offered at $1,774,900

As a residence custom designed for modern living and entertaining, this newly constructed townhouse uses stone accents and bursts of color for a warm and welcoming entrance.

7 Durham Street, Unit 2 – Boston South EndFront3

2 Bedrooms, 2 Bathrooms
Offered at $1,500,000

Cherry wood doors greet you with an overhead brick arch, with granite steps leading up to a coveted home between Back Bay and the South End.

219 Chestnut Street – Newton008-Twilight_Front_View-4388661-small

6 Bedrooms, 4 Full and 2 Half Bathrooms
Offered at $6,900,000

The eye-catching circular driveway and extensive grounds precede the stately, iron-gated entryway, where guests are welcomed into the grand foyer with its double staircase and splendid domed ceiling.

Every detail counts when it comes to your future home. Find more information about these properties and others at unlimitedsir.com.

What Brexit Means for American Mortgage Rates

dreamstime_s_54561593Britain’s vote to leave the European Union on Friday shocked many and left Americans wondering what effect the action would have on our economy. International concerns play a large role in the mortgage-backed security market. As a general rule of thumb, when there is risk or danger in the financial markets, investors and speculators tend to flee to ‘safe haven’ assets, such as U.S. treasury bonds and U.S. mortgage-backed securities. This typically results in lower mortgage rates and mortgage-bond purchasing leads to higher prices and lower bond yields.

For Americans who have been waiting for one reason or another to refinance, now is the time to act. Rates are back at historic lows and the Federal Reserve is likely not going to be raising short-term rates again for a while. Investors are putting their funds toward the safest assets, such as U.S. Treasuries, mortgage -backed securities, and gold. According to financial analysts, this won’t last long. Homeowners are urged to act quickly, and lock in rates as soon as possible.

The Brexit vote and ensuing turmoil in Europe also strengthened the U.S. dollar overseas. As a result, imported goods, such as German automobiles or appliances, could also see some price improvements over time with a stronger U.S. dollar, along with a decrease in the cost of traveling to Europe.

It is certainly worth a conversation this week about where your mortgage rate is and whether or not the team at Fairway can help you save money each month. Call our partner at Fairway, Jarred Alexandrov, to discuss where rates are and how he can assist you with a quick refinance for your home. If you have been considering moving to a new home, he can talk about your options as well, as there may not be a better time to buy in 2016 than in the coming weeks and months!

JarredA
Jarred Alexandrov
Office: 508.735.0078
Cell: 508.735.0078
Email: jarreda@fairwaymc.com

 
Source: Fairway Independent Mortgage

 

Home Sales Spring in March

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The National Association of Realtors has just announced that home sales have surged in March due to large increases in both the Northeast and the Midwest regions. These numbers were proving to be slightly higher than last year’s at this time as we enter the spring market.

“We continue to see a significant amount of activity here in the local Boston real estate market ourselves with the number of transactions that we have closed recently,” states Jon Ufland, Broker/Owner of Unlimited Sotheby’s International Realty. “The demand is still flourishing and has remained consistent due to a warmer winter and early spring market.”

NAR chief economist, Lawrence Yun, says that the surge in sales followed a decline during the month of February. “Closings came back in force last month as a greater number of buyers – mostly in the Northeast and Midwest – overcame depressed inventory levels and steady price growth to close on a home,” he said.

Sales have been up yet inventory levels still pose their challenges. The total inventory level by end of March did have an increase of 5.9% to 1.98 million homes for sale, but by comparison to last year this was still 1.5% lower than the 2.01 million figure we had seen then. This increase in inventory has brought total unsold homes to a 4.5 month supply up from 4.4 months in February should all sales remain at the current pace.

The demand is real and is still moving properties at even faster rates this spring. The effect is a lower average days on market for the slim inventory. Properties typically remained on the market for 47 days in March which is down from 52 days in March of 2015.

Inventory has been coming on sporadically. Trends typically show homes being listed after the holidays in the New Year yet are often effected by the weather in some regions. Any additional economic factors such as stock market fluctuations can also have their imposed results.

“The choppiness in sales activity so far this year is directly related to the unevenness in the rate of new listings coming onto the market to replace what is, for the most part, being sold rather quickly,” adds Yun. “Additionally, a segment of would-be buyers at the upper end of the market appear to have been spooked by January’s stock market correction.”

On the mortgage side of the industry, Freddie Mac reports that the average rate for a 30 year conventional fixed-rate mortgage had a slight increase to 3.69% in March up from 3.66% in February. However, rates have now crossed into their eighth month of consistently being south of the 4% threshold. These historically low rates should continue to make home ownership more affordable as we proceed through the spring market.

Article information gathered is provided by The National Association of Realtors and their sources. This article was written by a third party and is deemed accurate but not guaranteed.

Featured Listing: Beautifully Renovated Luxury Medford Condo

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107 Bowdoin Street, Unit 2 – Medford

Offered at $649,000

Luxury, newly renovated 4 bed, 2.5 bathroom duplex condo. Offering a modern eat-in-kitchen with honed granite countertops, large center island, and stainless steel appliances. Luxurious brand new bathrooms. large master suite with ensuite bathroom and two walk-in-closets. In-unit laundry room and storage conveniently located on the 3rd floor. Private spacious back deck. Two parking spaces in the garage plus three parking spaces in driveway. Close to I-93 great for commuting.

Listed by Kate Kittipanthopas and Joanne Polo
Kate – 617.501.4892, kate.k@unlimitedsir.com
Joanne – 617.957.1708 , joanne.polo@unlimitedsir.com

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Featured Listing: Stunning 21 Acre Property in Harvard, MA

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55-57 Oak Hill Road – Harvard, MA

Offered at  $2,395,000

An exceptional property on 21 acres in idyllic Harvard. This unique compound includes a main residence, a farmhouse, a large barn and a modern workshop. The main house is a 3200 square foot, 4 bedroom, 3.5 bath contemporary landmark residence by noted architect Graham Gund, with soaring ceilings, skylights, clerestory windows, a kitchen worthy of its own television show, and a European style central courtyard accessed through French doors. The charming farmhouse, perfect for extended family, staff, or rental income, has 3554 square feet, 3 bedrooms and 2.5 baths, plus bonus spaces that include a studio and a sky lit loft with a private entrance. The picture perfect post and beam barn has 5 stalls, a hayloft, and a sky lit studio/workroom. The heated drive-through workshop is ready for any project. The land includes lawns and gardens, a swimming pool, bearing fruit trees, pasture, woodlot, and a skating pond. A sub-dividable, build-able lot has been perc tested.

Listed by The Surrealtors, contact them at:
Trisha Solio, 617.293.8070, trisha.solio@unlimitedsir.com
Jay Balaban, 617.293.8932, jay.balaban@unlimitedsir.com

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December in Times Square

The Sotheby’s International Realty® brand is collaborating with the New York Stock Exchange to showcase a video banner on the ABC Super Sign on 44th and Broadway in Times Square, New York City.

During the entire month of December, Sotheby’s International Realty® will be a part of these flashing displays and bright lights of Times Square. The special video promotion is set to run throughout the entire month of December, and will be displayed 15 times per day. On average, Times Square sees 1.6 million visitors PER DAY. This new and exciting advertising experience allows visitors to immerse themselves in sir.com, and catch a glimpse of the incredible services, properties, tools and strength of this great brand.

See the banner come to life by watching the video below:

Brookline is the brainiest place in Massachusetts

Brookline is the brainiest place in Massachusetts, according to an analysis of U.S. Census data gathered by the Boston Business Journal and parent company American City Business Journals in 40 markets around the country.

See the other cities ranked and learn more about why Brookline was ranked the #1 best-educated community in Massachusetts. To read more: Boston Business Journal.

Brookline SS Pierce Building

Homes: What $25 million buys around the world

Got a $25 million real estate budget? Here’s a selection of homes from around the global market.

Sotheby’s International Realty has 10 of the 15 listings featured in this CNN Money article. Talk about international!

CNNMoney

Featured Listing: Newly constructed by renowned, local artisan builders

1 2 3 5

200-R Amory Street, Unit 12 – Jamaica Plain

Offered at $799,000

Stunningly crafted and beautifully accented triplex newly constructed by renowned, local artisan builders. 1700+ sq.ft. 3 bed, 2.5 bath townhouse with an open floor plan and wonderful light. No cookie cutter new construction shortcuts here, just refined, high quality design and execution with thoughtful details everywhere. The kitchen features abundant custom maple cabinets, granite counters and stainless Jenn-air appliances. Gas fireplace. Acid washed concrete floors with radiant heat on the first floor, which includes a bonus space and a garage that is almost too beautiful to park in. Sumptuous cherry floors grace the second and third floors. You will never want to leave the amazing roof deck with spectacular views (& plumbed with water and natural gas to make cooking and dining easy and fun). Steps to the T. “WalkScore 89: Very Walkable”.

Open House: Sunday, 11/8 11:30am-1:00pm

Listed By: Jay Balaban, 617.293.8932, jay.balaban@unlimitedsir.com
Trisha Solio, 617.293.8070, trisha.solio@unlimitedsir.com

New to Market: Sunny 1 Bed on the Boston/Brookline Line

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922 Beacon Street, Unit 44 – Boston

Offered at $399,900

Charming, quiet, and sunny top floor/rear facing unit in St. Mary’s area near Fenway/Kenmore and right on the Brookline line. Best of Boston/Brookline and move-in ready! Hardwood floors in living room and bedroom, new windows in living room, tiled kitchen and bath, new natural gas boiler. Professionally managed association, heat/hot water included in condo fee, and on-street parking available with Boston permit. Walk Score® of 93: Steps to C line and quick access to B and D Green Lines, Whole Foods, restaurants, shops, and coffee. Walking distance to BU, Coolidge Corner, Longwood Medical, Fenway Park, The Landmark Center, downtown and much more.

Open Houses: Sat, 10/31 12:00-1:00pm and Sun, 11/1 12:00-2:00pm

Listing Agent: Chris Masterman, 617.467.8198, chris.masterman@unlimitedsir.com