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Boston Real Estate and the Red Sox

In the spirit of the Red Sox being in the World Series, I thought I'd have a some fun and check out how the Boston Real Estate market performed when the Red Sox win the World Championships. Most recently the Sox won the World Series in 2004 and 2007, so it will be interesting to see how condos for sale in Boston performed. I certainly wouldn't buy a condo in Boston based on any of this information, and unlike the economy and the stock market, I don't think the Red Sox winning or losing will benefit or hurt the Boston real estate market.

Not surprising, 2004 was a strong year for Boston condo sales, with prices rising 11.2% year over year. What was surprising was the similar trend in 2007, with Boston condo sales rising 10.72% year over year. I thought…

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Westside Crossing - 24 Luxury Apartments in South Boston

I'm proud to announce Terrier Residential has been retained to market 24 luxury apartments at 339 D Street in South Boston. The building will be marketed as Westside Crossing, and is located at the corner of D Street and West 2nd Street. The property will be available for occupancy in February 2014, and will feature the finest apartment finishes in South Boston including hardwood floors, stainless steel appliances, quartz countertops, marble tile backsplashes, iPod docking stations, 4-zone surround sound, Nest thermostats, tank less water heaters, LED lighting, in-unit laundry, private decks in every apartment, garage parking, and a common roof deck. If you are looking for a luxury apartment in South Boston, this building blows the competition away.…

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The Transformation of West Broadway

When is the last time you drove through South Boston? If it's been awhile, you won't even recognize West Broadway. But can all of the new, high end stores and restaurants survive?

Over the last few years, no other part of Boston has changed more than South Boston. New shops and restaurants are opening up every month, and new apartments and condos are being built on almost every other block. Lincoln Tavern has been one of the hottest restaurants and bars in the city. Stephi's in Southie just opened under the new 11 West Broadway luxury apartments. Neatly Nested recently opened at the corner of West Broadway & E Street, and has been highly successful in it's short time in South Boston. For the growth of South Boston and West Broadway, I think it's…

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Weston MA Real Estate Sales

Like many other Greater Boston real estate markets, the Weston MA real estate sales market has had an excellent year. Weston single family home sales haven't kept pace with the Boston condo market, but when you have an average sale price of $1.5 million, you can understand why it takes a little more time to sell a luxury home in Weston. In 2013, volume was up roughly 15% from 2012, and average days on market was down 15%, which are two great measures for the Weston luxury home market. I am seeing a similar trend with Newton real estate, homes in Wellesley, and many other Boston luxury real estate markets.

If you are looking to purchase a home in Weston, there are currently 69 properties on the market, but only 11 of them are under $1 million.…

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Terrier Real Estate has acquired Bluechip Realty Group!

I'm thrilled to announce Terrier Real Estate has acquired Bluechip Realty Group and South Boston power agent M.T. Fox. Bluechip was one of the premier real estate brokerages in South Boston with over $60 Million sales in the last 5 years. M.T. Fox has been one of the top agents in South Boston for the last 20 years, with over $40 Million in sales in the last 5 years alone. This merge will certainly continue the growth and vision I have for the company and should position us to achieve record numbers in 2011.

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Coldwell Banker to Close Waterfront and Somerville Offices

Coldwell Banker to CloseDoes anyone care? I actually just drove by the office on the Waterfront. It's a block down from Joe's American Bar & Grill. Maybe they are facing too much competition on the Waterfront from Otis & Ahearn which is a couple doors down? This economy does not help as it is much more difficult to close deals.

The Boston waterfront and Somerville offices of Coldwell Banker Residential Brokerage are set to close by the end of the month, Banker & Tradesman has learned. The Boston office’s 24 agents will move to other local offices, including the Back Bay, while Somerville’s 15 agents will move to the company’s Cambridge and Arlington locations. Three administrative positions will be terminated, two in Somerville and one in Boston,…

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New 15 Unit South Boston Condo Project Approved

From this weekend's Boston Business Journal:

The Boston Redevelopment Authority approved a 15-unit residential project located at 333-339 West Broadway in South Boston. The five-story project, being developed by Paul Adamson and Mark Cummins of South Boston, will contain 15 condos of which two will be affordable. The units will be one and two bedrooms and all will feature exterior decks. There will also be ground-floor commercial space and below-grad parking.

This property is located across the street from Shenannigan's in South Boston. These Irish developers own Shenannigan's, the parking lot and apartment building next door, the Clock Tavern a couple doors down, as well as several other buildings in the area.

South Boston CondoTheir most recent…

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