First Time Visitors

I've been getting a lot of new visitors lately, and I want to thank you for taking the time to visit my site. The site recently went through a design overhaul and I think most people will like the new look and layout much more. Changes will continue to be made so that you get the most out of each visit, and I encourage you to come back. Thanks again for checkout out my site and feel free to contact me with any real estate questions you might have.






www.greatbostonapartments.com

Where should I buy in Back Bay?

I constantly get people asking me where they should buy when looking at places in Boston. My answer every street is a little different, but I'll do my best to give you the run down on the major streets. So here it goes:

Newbury St.: the side of the street doesn't really matter. The odd numbered side
of the street gets a little more sunlight and residential units on the street are generally rented out. If your looking for investment purposes this is a great place to look.

Commonwealth Ave: you definitely want to be on the odd numbered side of the street. This is what locals call the sunny side. Units that go for sale on this side of the street generally don't stay on the market long, and it is the more desirable side of the street to be on. There are many reasons for this but I'll highlight only a few. 1. People like sunlight, they like to have natural light enter their homes. 2. The alley behind the building doesn't back up to any restaurants. The buildings on the even numbered side shares an alley with Newbury St. which contains a lot of restaurants. The food delivery trucks and dumpsters all sit in the alley causing horrible smells. The odd numbered side shares the alley with Marlborough st. which is almost entirely residential.

Marlborough St.: This street you really can't lose but the odd numbered side is the sunny side. As I stated before the street is almost 100% residential so any block of the street is a great place to buy. The street has a very neighborhood feel for being in the heart of the city.

Beacon St.: This is a unique street. The desire here is to be on the even numbered side and at the back of the building. The reason for this is that those units are the ones with views of the Charles River. The fact that they are also on the sunny side of the street helps.

I hope this information is helpful, for more info check out my website Great Boston Apartments.

New Advertising For The New Market

When I tell people about all the new things that I'm doing and Copley Real Estate is doing people are always amazed. They are blown away by the fact that we are producing video's for youtube and are creating facebook pages. The answer is that there is a new market of buyers and they have a new way of looking for places. The new market doesn't spend much time with a realtor today they look all over the net and spend most of the time finding out everything about the place before they ever actually see it in person. This is where I can help.

I understand the new market and how to reach them. If your agent is out of touch and not actively reaching out to this new market then you aren't getting the level of service you deserve. Without using all the benefits the internet has to offer you might as well just stick a sign out front and hope someone calls. This is a new era and that means you need a new type of agent. Email me today to see what I can do for you. Also check out my website.

Who's buying homes?

The typical buyer is a young, white, married couple with no kids, according to the Realtor's study.

While singles and ethnic groups have made strides in home buying, they are still in the minority, according to the NAR. Single women make up 20 percent of all homebuyers, a number that has stayed relatively constant for the past few years. Likewise, single men comprise a constant 9 percent of buyers. African-Americans make up 7 percent of the home-buying populace; Hispanics and Latinos are 6 percent, and Asians and Pacific Islanders are 5 percent, according to the study.

Buyer incomes are moving up. At least half of last year's buyers had a household income that topped $74,000, according to the group's numbers.

The average cost of what they're buying falls somewhere in the $200,000-plus range. Last year, the median home price was $215,000 (meaning half of buyers paid more and half paid less), according to the Realtors.

First time buyers take out mortgages for $202,265 on average, according to numbers from the Mortgage Bankers Association, or MBA. Repeat buyers sign on for an average of $233,433.

For more information on buying check out here.