Weston home sells for $15.6 Million, sets record

A single family house just sold for $15.6 Million in the western suburb of Weston, a town that continutes to defy the housing slump. Granted it sold for roughly $4 Million under the original asking price, however, it’s still a phenomenal sale. This is the most ever paid for a single family in the town [...]

Former Sox Star sells Ritz condo

According to Banker and Tradesman Mike Lowell, former Red Sox World Series MVP, just sold his luxury condo at the Ritz Towers for $1.75 Million. It has been on the market for 461. Yes that is 461 days. For those of you that don’t have over a year to let your Boston condo sit on [...]

Banks = some of the biggest delinquent property owners

Great article from boston.com about how both Wells Fargo and Bank of America are 2 of the top delinquent property owners in the city of Boston with fines of more than $80K owed to inspectional services for letting many of the forecolsed properties they own to fall into disrepair and become a “blight” to the [...]

New Northeastern Dorms and rental units approved by the BRA

The new BRA director, Peter Meade, has stepped into a position with a lot going on as Boston (and the country) struggle to come out of a DEEP recession. One of the many projects that just got approved was a new 720-bed dorm that is going to become part of the Northeastern Campus. The project [...]

Day dreaming: Penthouses are still popular

I remember reading a while back that many of Boston’s residential devlopers always wished they could make a building with just penthouse units – they always sell and they are always in high demand. This is an interesting article from Boston.com about some of the priciest penthouse on the market. If you are in need [...]