Archive for the ‘Boston Buyer Broker’ Category
Tuesday, January 17th, 2012
BOSTON MAGAZINE JANUARY 2012
Living Large
Rachel Slade’s off-kilter take on Hub dwellings.
By Rachel Slade
Pahk the Cah – For $350K
Life just keeps getting tougher for Back Bay die-hards, as ex-suburbanites pour into the city with their pedigreed dogs and black BMW’s. So when circling the block for three hours after a hard day’s work loses its charm, it’s time to invest in some asphalt. But with only a handful of parking spots listed on the MLS, the Back Bay’s alleys are precious property, indeed. Case in point: Though a two-vehicle tandem space between Commonwealth Avenue and Newbury Street is exposed to all the elements – snow (BYO shovel), inebriated students – it costs about $1,000 a square foot, making it some of the priciest pavement in the world. Get a Zipcar account, you say?
That’s part of the problem–the car-sharing powerhouse has already gobbled up 107 spots around the neighborhood. Where’s teleportation when you need it?
Address: 132 Commonwealth Avenue, #5/6 Listing Price: $350,000, Listing Agent: Shelagh Brennan, Cabot and Company, 617-896-5002, cabotandcompany.com, Stats: One big, expensive slab of pavement in the Back Bay.
Tags: back bay parking, back bay parking real estate, back bay parking spots, boston parking, boston parking real estate, parking spots for sale
Posted in Back Bay, Boston Buyer Broker, Boston Investments Property, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty, Cabot and Company News |
Wednesday, January 11th, 2012
January 2012
Happy New Year!
Congratulations, you have been hired! According to a recent article on Forbes.com, Boston tied for 13th of cities to be hiring this year. Overall, there is an 11% net hiring expectancy in the U.S.
What does this mean to you as a new hire and possible relocater to Boston? Consider that rental prices in Boston are already high and availability extremely low. This is before this job growth news!
5 Tips from Cabot and Company Real Estate
1. Find a reputable real estate agency. Our agents at Cabot and Company in Boston’s Back Bay are experienced professionals. Visit www.cabotandcompany.com or call 617-262-6200.
2. Begin your search as early as possible. As soon as you get the employment green light, preferably 60-90 days in advance, reach out and start your search.
3. Identify the key neighborhoods you will live in. Keep transportation and proximity to work in mind.
4. Make some transportation decisions. Boston has a great public transit system. The city has recently added many bicycle lanes. Boston is a walking city and there are many very accessible short term car rental options.
5. Organize paperwork and funds in advance of finding an apartment so you can act quickly when you see a good option. Once again, the seasoned agents at Cabot and Company real estate can assist you in your search.
Congratulations!
Tags: 2012 Boston Real Estate, 2012 Boston Relocating, 2012 real estate
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Beacon Hill, Beacon Hill Apartments, Beacon Hill Condos, Boston Apartments, Boston Buyer Agent, Boston Buyer Broker, Boston Condos, Boston Homes, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty |
Friday, December 16th, 2011
By Eric Shabshelowitz
For the first time since the economic downturn began in 2008, the monthly national average for commercial real estate prices showed year-over-year improvement. According to the report, in October 2011, prices increased 2.2% from the same period a year ago. The average transaction size (+29.4%) and overall transaction volume (+23%) are both showing positive improvement.
Another positive sign for the commercial real estate market is that the ratio of distressed sales continues to decline. In March 2011, 35.4% of all repeat sales were distressed sales. In October, that number shrank to 25.2% nationally.
As we head into the new year, this positive trend should continue. Interest rates are at record lows, which is presenting great opportunities for businesses to buy their retail and office spaces rather than continue to rent. Commercial real estate is also a popular investment vehicle amidst the recent uncertainty in the stock market.
Call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com to learn more about commercial real estate opportunities in and around Boston.
Tags: Back Bay, Back Bay Apartments, Back Bay Condos, Boston Apartments, Boston Commercial Real Estate, Boston Investments Property, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Trends, Boston Realty, Cabot and Company News, South End, South End Apartments, South End Condos, South End Neighborhood
Posted in Back Bay, Beacon Hill, Boston Buyer Broker, Boston Commercial Real Estate, Boston Investments Property, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Realty, Cabot and Company News, Featured Listing, Fenway, Financial District, North End, South End |
Thursday, July 28th, 2011
The economy is tough these days. Maybe it’s time to start thinking about owning, instead of renting.
Despite the current state of the economy, Boston is experiencing record high rents. The Boston Globe recently reported that apartment vacancy in the Back Bay and Beacon Hill is down to 1.2 percent. According to that same report, the median price for rent in Boston hit $1,665 a month, and a two-bedroom apartment in the Back Bay is averaging $2,658 a month. From our perspective, those numbers even seem to be understated (we have not seen many two-bedroom apartments in that price range this year).
We are frequently asked why rents are so high and availability is so low. Based on our observations and the reports we’ve seen, there are a few main reasons. First, many would-be first-time homebuyers are not buying. They are continuing to rent due to concerns that home prices are still on the decline, there is uncertainty in the economy, etc. Second, though while not as prevalent in Boston as other areas, foreclosures have thrust former homeowners into renting. Finally, the population seems to be growing.
What does this all mean? Well, it’s a good time to be a landlord, for one. And if you’re not one now, it’s a great time to explore investment opportunities in residential property in Boston. It also means that it’s time to start thinking about owning, instead of renting.
If you are interested in discussing Boston real estate investment opportunities, call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com.
If you are currently renting but want to explore the possibility of buying, call Josh Medeiros at 617-896-5005 or email him at josh@cabotandcompany.com.
Tags: Boston High Rent, Boston Home Prices, Boston Homebuyers, Boston Real Estate market, Boston Rent Rates, Boston Residential Property
Posted in Back Bay, Back Bay Apartments, Back Bay Condos, Beacon Hill, Beacon Hill Apartments, Beacon Hill Condos, Boston Apartments, Boston Buyer Agent, Boston Buyer Broker, Boston Condos, Boston Homes, Boston Investments Property, Boston Luxury Condos, Boston Luxury Real Estate, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty, Fenway, Fenway Apartments, Fenway Condos, Financial District, Financial District Commercial Property, North End, North End Apartments, South End, South End Apartments, South End Condos, South End Neighborhood |
Monday, August 30th, 2010
A recent MSN article features 97-year-old real estate agent George W. Johnson, who has been in practice since 1936. Experiencing numerous property booms and busts, he offers a rare insight to the real estate market based on lessons learned during key times in US history (including the end of the Great Depression!!). If you are currently looking into purchasing a piece of Boston property, heed the following advice from someone with over 70 years of industry experience.
Be wary of one-company towns: Johnson warns that any town that’s dependent on a single industry or company is in jeopardy of market turmoil. He cites his firsthand account of the 1960’s downturn of the Seattle market as an example. Towards the end of the decade, aerospace company Boeing laid off nearly 60,000 employees, sending the market into a downward spiral. Johnson stresses the importance of widening your real estate search criteria to include the area’s economic status economy.
Avoid getting greedy. Johnson blames human greed for the weakened state of the economy and claims that people get too caught up in the attractiveness of a bargain. He advises people to accurately and honestly assess their financial standings and to remove their blinders when it comes to deals that seem too good to be true. Doing this, he states, will decrease any dependency on the bank.
Timing is everything. Johnson says that the current market serves as a good time for first time home owners to buy, stating that “A buyers market doesn’t come along that often … you just can hardly help but make money on whatever you buy today at the prices they are.” Enlisting the help of an experienced Boston buyer agent can help you make the most of this transaction.
If you don’t have to sell, hang on. Confident that the economic struggle is nearing an end, Johnson believes it is in the best interest of homeowners to keep their current home. He predicts things will look up within the next year or two.
If you are currently looking for a piece of Boston real estate, browse our online selection of Boston apartments, and Boston homes.
Tags: George W. Johnson, Real Estate Advice
Posted in Boston Apartments, Boston Buyer Agent, Boston Buyer Broker, Boston Homes, Boston Real Estate, Uncategorized |
Thursday, June 24th, 2010
Hello! I am the newest Boston real estate agent here at Cabot & Company. I started about 2 months ago, and it has been great so far. I was already very familiar with the area, having lived all over Boston neighborhoods for the last 7 years– from Brookline to Beacon Hill to Back Bay to Cambridge. The biggest thing to getting oriented was seeing all the different types of apartments that this area has to offer. Luckily, our office works with some great landlords so I have seen some really amazing Boston property.
Aside from training in my new role here at Cabot, I am also training for the Ford Ironman Louisville triathlon. For those of you that don’t know, an Ironman is a 2.4 mile swim, followed by a 112 mile bike ride and ending with a marathon (26.2 mile run). The race starts at 7 am and you have to finish the course by midnight (you have 17 hours to finish). You can visit my website for some pictures and more information about this challenge.
I have until the end of August to get ready. You can help me out by calling me at 617-894-2138 and telling me that you want a penthouse apartment in a building without an elevator. I’ll be happy to take you up to see as many as you like because I need all the training I can get.
Eric Shabshelowitz
Cabot & Company
213 Newbury Street
Boston, MA 02116
Cell: 617-894-2138
Fax: 617-536-8410
Email: eric@cabotandcompany.com
www.cabotandcompany.com
Tags: Eric Shabshelowitz
Posted in Boston Apartments, Boston Buyer Agent, Boston Buyer Broker, Boston Neighborhoods, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Realty, Cabot and Company News |
Thursday, May 13th, 2010
“The New Rules of Real Estate” by Ruth Simon from RealEstateJournal.com
This is an accurate article about current market trends, and it offers excellent advice to Buyers, Sellers and Investors. The following excerpt is a concise summary of the main points Ms. Simon discusses:
New Market Approaches
As the real-estate market cools and the number of homes for sale climbs, buyers and sellers need to adjust their strategies.
| Who |
What They Should Do |
| Sellers |
Price your home competitively in comparison to other houses on the market. Lower your price if the house doesn’t attract much interest or offers in the first few weeks. |
| First Time Buyers |
Take advantage of higher inventories of unsold homes to negotiate for a better deal. This can include a lower purchase price, help with closing costs or a more flexible move-in date. |
| Move-up Buyers |
In some parts of the country, the high-end is cooling faster that the low end, creating opportunities for people looking to trade up. Contingent offers are becoming more common, though they are still frowned upon in some areas. |
| Relocators |
Employees who are relocating should choose a new home that will be easy to resell if they must move again. One winning strategy: Stick to houses that are in top-notch condition and in an excellent school district. |
Tags: Boston Relocation, First Time Buyers, Home Buyers, Home Investors, Home Sellers, The Real Estate Journal
Posted in Boston Buyer Agent, Boston Buyer Broker, Boston Investments Property, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty |
Tuesday, May 4th, 2010
This week’s featured home in Boston Homes Newspaper is a luxurious condominium at the newly refurbished Residences at the Four Seasons. This development, which includes the hotel, retains its panache among Boston’s top luxury properties. Owners enjoy premier concierge services, valet parking, a health spa and swimming pool!
For sale through Cabot and Company are the following:
Gorgeous city views from a two bedroom, two bathroom, with garage parking. Also includes a granite kitchen, hardwood floors, w/d
Four Seasons Place #1204 Exclusive $1,175,000
Seldom available: one bedroom ideally situated on the15th floor with great light and views. Also includes garage parking.
Four Seasons Place # 1514 Exclusive $ 899,000
Look for the article in this Saturday’s edition of Boston Homes with the latest Four Seasons news and much more pictures.
Make sure to visit our website.
Tags: Luxury Condominium Amenities, Residences at the Four Seasons, The Four Seasons
Posted in Boston Buyer Agent, Boston Buyer Broker, Boston Condos, Boston Homes, Boston Luxury Condos, Boston Luxury Real Estate, Boston Real Estate, Boston Real Estate Agent |
Tuesday, April 27th, 2010
Homebuyer tax credit expires this week – thousands of dollars could slip through your fingers!
First-time homebuyers are under pressure to have signed contracts in effect no later than April 30, 2010, and to close no later that June 30, 2010 to qualify for a substantial 10% of the purchase price up to an $8,000 credit! Current homeowners can be eligible for a benefit of up to $6,500.
Less than a week to get your paperwork going, which means you need a Cabot and Company sales specialist to help you put a deal together quickly and efficiently.
Call 617-262-6200 and ask for any sales expert below to take advantage of this huge savings. Why pay rent?
Rene Rodriguez
Shelagh Brennan
Joseph Palermino
Paula Luccio
Josh Medeiros
Carol Korbman
Natalija Pavlovic
Edythe Dyer
Tags: First Time Buyers, Homebuyer Tax Credit
Posted in Boston Buyer Agent, Boston Buyer Broker, Boston Condos, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Realty |
Thursday, April 15th, 2010
Recently the Urban Land Institute announced results of an interesting study and the launch of a website, http://bostonregionalchallenge.org/, where customers can calculate costs of transportation and housing for each city and town in the region.
The report claims that when driving and other transportation costs are added to housing costs there is rarely a sufficient savings to the consumer who chooses to live outside the city. People who move to an outlying Boston suburb to find affordable housing or to get more house for their money often sacrifice the savings to higher transportation costs.
In Boston, residents spend an above-average chunk of their income on housing (41%), but the comparatively low cost of transportation puts the combined housing and transportation burden in that city at 56%.
One out of every four communities in the study area listed below has a combined housing and transportation cost that exceeds 58 percent of median household income, which the report describes as an extreme burden.
THIS MEANS LIVING IN THE CITY COULD POSSIBLY SAVE YOU 2%!!!!
Consider your quality of life and the environment before you choose your home.
Study areas included Cambridge, Dracut, Stoughton and Brookline.
Taken from an article on Boston.com, April 12, by Eric Moskowitz, Globe staff
Cabot Tip!
If you live in the city save money by using Zipcar!
Get rid of the car, parking space and insurance!
Clean, fun cars to rent by the hour or day!
Tags: Transportation Costs, Urban Land Institute
Posted in Boston Buyer Agent, Boston Buyer Broker, Boston Property, Boston Real Estate, Boston Real Estate Agent, Boston Real Estate Trends, Boston Realty |
Pahk the Cah – For $350K
