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Market Shows Increase in Boston Condo Sales

A recent Boston Globe article reveals that Boston condo sales for the second quarter of 2010 have soared. The data, which is based off of comparisons with the second quarter in 2009, shows that sales from this quarter have increased by 30%. In addition, the average sale price decreased by 3.6% to $443,500.

Between the months of April and June, 849 condos were sold, compared to 653 condos during the same period in 2009.

Zeroing in on a more specific slice of the market, sales in luxury buildings increased 9%, and the median price rose to $665,000 (11.8% more than the second quarter in 2009).

The recent sales increase can most likely be attributed to low interest rates and continuing improvements in the economy. Prospective buyers have more confidence in the Boston real estate market, as this data represents the third consecutive quarter of sales growth in the downtown Boston neighborhood, which includes the Back Bay, Beacon Hill, South Boston, and the South End.

The rest of the article is here. Also be sure to view our great selection of Boston condos and luxury real estate!

Posted at 07/20/2010 03:48 PM by Joseph Palermino

Iron-Broker

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
 

Posted at 06/24/2010 05:31 PM by Joseph Palermino

Allan Rohan Crite Open House

Allan Rohan Crite House Condominium
Ribbon Cutting by Mayor Menino

 
OPEN HOUSE SUNDAY JUNE 20th 2:00-4:00 PM
410 COLUMBUS AVENUE    SOUTH END

 


On June 20th from 2:00 - 4:00 p.m., Cabot & Company will be hosting an OPEN HOUSE
and special exhibition of Allan Rohan Crite's artwork, sponsered by Citibank   (South End Financial Center: 1365 Washington Street Boston, MA 02118)

The late artist lived for over 90 years in the South End of Boston. He spent 40 illustrious years in the brownstone at 410 Columbus Avenue. This home is exemplary of South end condos, as it has been completely restored to its original Victorian splendor. It now consists of 3 luxury condominiums with 2011 amenities including Chef's kitchens with islands, granite and marble baths, designer lighting, Cat 6 wiring, surround sound and I-POD docks, eco-friendly cabinetry and Porcelanosa tile, soaking tubs, Elfa closet systems,and decks and terraces overlooking Carleton Park - a luscious urban oasis.


The developer, Webb Place Development, Cabot & Company, and the Allan Rohan Crite Research Institute will be offering refreshments, music, and beverages and invite our guests to preview the fabulous Boston luxury real estate residences.The building has great local and historical significance as the Rainbow Coalition was formed in the storefront. The street level also served as a meeting place for the Black Panthers, and a salon for artists, neighbors, philosophers, art enthusiasts and friends. Enjoy ART AND THE NEIGHBORHOOD!


 
Allan Rohan Crite
1910-2007

 
Master Visual Artist, Painter, Printmaker, Author, Lecturer, Historian & Good Neighbor
 
"As a Visual Artist, I am in the communication business....I am a part of that tradition, a storyteller of my part of the story of man..that collective memory we call 'history'. It is the memory of the past which shapes the present and gives guidance to the future. I am a storyteller of my view of the African American experience: in a local sense the neighborhood; and in a larger sense, a part of the total human experience."
 

Shelagh Brennan

617-896-5002

Posted at 06/15/2010 01:27 PM by Joseph Palermino

Time to Revisit the Four Seasons!

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.

Posted at 05/04/2010 08:02 PM by Joseph Palermino

Unda Standing The Bawstin Neighborhoods

Moving to Boston? 

Welcome! Apartment hunting can be stressful especially when you’re not familiar with city or neighborhoods.  Newcomers to Boston might realize they need a little help communicating with the indigenous folk. So to help you find an apartment as quickly as possible while still understanding the language of the locals, here are a few tips to make your rental process in your new hometown of Boston a little easier:

Select a Neighborhood.
Finding a neighborhood & community you love is important.

Back Bay:  With its classic, elegant brownstones Back Bay competes with Beacon Hill for the title of most prestigious Boston address. This is definitely a place to consider if you want to be in the center of it all. Take a stroll down the Commonwealth Avenue mall to the Public Gahden. Shop at Copley Square,Prudential Center malls  or Newbury St.
Commute & Pahking: Back Bay is pretty much in the center of things. You can easily walk to downtown. There are plenty of green lines, Amtrack at Back Bay Station, entrance to the Mass Turnpike, or access to Storrow. If you’re bringing your cah, you might want to consider renting a parking space…expect $200-$400/month.

Beacon Hill: One of Boston’s smallest neighborhoods and most prestigious. Stately brownstones on narrow cobblestone streets are illuminated by gaslight lamps. Shopping along Charles St you’ll find intimate restaurants and a variety of unique decorating and antique shops.
Commute & Pahking: Like Back Bay, living in Beacon Hill allows you to easily walk to work downtown. Also a plus, it’s convenient to many schools, such as Suffolk and Emerson, and convenient to Mass General Hospital. Easy access to red and green T lines too! Finding cah pahking can be a bit taxing, however.

The North End: The streets are narrow and lined with apartment buildings. It feels a lot like a small town in Italy. Find plenty of local Italian restaurants…stop in and odda the veal pahm! Sip espresso or grab a cuppa cawfee from one of the many delicious pastry shops. Famous for Hanover St and The Old North Church, this charming neighborhood brings a different saint’s festival almost every weekend in the summah-time. Great Waterfront pahks as well!!
Commute & Pahking: If you in the Financial District, you can walk to work. Subway access is via the Haymarket stop on the orange & green lines. Good option for Suffolk, Tufts, or Emerson students. If you have to bring your cah….good luck, miracles can sometimes happen.

The South End: Think of a livelier, more multicultural Back Bay.The South End is full of Victorian-era brick row houses or brownstones on tree-lined streets. Aht galleries, such as the Boston Center for the Arts, sponsor a variety of cultural programs, from theater to art exhibits. Trendy restaurants are lined up along Tremont Street and Columbus Avenue. Bonuses include outdoor space (often patios, decks, roof decks) and a dog park at Peters Park.
Commute & Pahking: The neighborhood has the orange line subway, Amtrack at Back Bay Station and Back Bay entrance to Mass Turnpike. Not as challenging as North End or Beacon Hill for pahking the cah, as long as you get a resident sticker.

The Fenway : If living near one of the last original remaining ballparks isn’t enough for you, the Fenway neighborhoods is ultra convenient for students attending Berklee, Northeastern, Simmons, or Boston University, to name a few. A less expensive neighborhood, it can serve as a relief to students with roommates who are looking to save on cash by taking advantage of one bedroom and two bedroom splits.
Commute & Pahking: Not too bad, unless the Red Sox are playing. Easy access to green line T, Cambridge, Massachusetts Avenue, and most importantly (you knew I’d say it) The Green Monstah.

There are many incredible neighborhoods I haven’t even mentioned (Bay Village, Charlestown, Cambridge, Financial District, Seaport District, South Boston, Waterfront, just to name a few) but hopefully these little insights will help you to find the “Bawstin” apartment and home of your dreams.
 

Posted at 03/30/2010 04:07 PM by Jessica Appert

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