Boston Real Estate is back AND BACK BIG
By Anthony Longo 26 03 2007
For all you negitivo’s, bubble bloggers, housing panic bloggers and trend watchers…STAY OUT OF BOSTON or you will go out of business. I have never read more bad press, bad news & bad comments and actually experienced the TOTAL oppoisite in real time! Well this is a true scenario and I was personally involved with this one.
As noted in early posts, I had sold my condo about 14 months ago and like many, had been waiting to jump back into the market because I had not found what I was looking for. Well recently, I had found what I was looking for (3 seperate times)…unfortunately it went 3 weeks getting beat on my ‘over asking’ offers in Boston’s South End. Yes, thats right, I lost 3 offers in a row with Over Asking offers on 3 different properties, 3 weekend’s in a row! Well, this week was my turn for a new condo unit in Boston’s South End! I won’t disclose address yet…until I get this under P&S…but I will share with you that it was $800/ft and I got it with a full price offer! Boston Bubble…hmm…dont think so!
The downtown Boston Real Estate market is roaring so if you are interested in getting into the market…sharpen your pencils and be ready to bid, that day! Also, get your arms around a TOP real estate broker…you need him/her in these conditions. If you want us to refer you one…just drop us a note!
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So, scenario is up bit. People who bought last year and having inventory must be happy to make quick money.
Im sure they are…I am just glad to be into the market at this point!