Rent vs Buy in Boston : Advice

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Mario Pavli, Real Estate Pro in Somerville, MA
The Boston Redevelopment Authority has approved three new neighborhood projects that will bring nearly 180 residential units to Jamaica Plain, Dorchester and Hyde Park.In action taken late last week,… Read more
Blogged Mon Dec 22, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
A joint venture of Leggat McCall Properties and Multi-Employer Property Trust have acquired three Boston Medical Center properties in a leaseback agreement for $80 million, the medical center announced… Read more
Blogged Sat Dec 20, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
The mighty, mighty Boston Redevelopment Authority just O.K.'d the redevelopment of a former party-supply store at 367 Neponset Avenue in Dorchester into a restaurant and residences.The 5,500-square-foot… Read more
Blogged Fri Dec 19, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
An estimated 39,000 homeowners received permanent, affordable loan modifications from mortgage servicers during the month of October, according to HOPE NOW’smonthly loan modification data.This total… Read more
Blogged Thu Dec 18, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Let’s be honest. As an industry, lenders have done a terrific job of confusing and frustrating borrowers. In seven short years, the process has gone from one extreme to another, approving loans with… Read more
Blogged Wed Dec 17, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
While their voice may be small, it does't mean they are wrong. The political party. The Rent is Too Damn High seeks to fix New York City's growing rent problem, and although they have not had much success,… Read more
Blogged Tue Dec 16, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
The Church of Scientology of Boston has decided to put the Alexandra Hotel up for sale and search for a larger space for its new headquarters.The church bought the five-story historic landmark in 2008… Read more
Blogged Mon Dec 15, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Zillow’s (Z) 2015 forecast says that the coming year will be big, and a major change is going to be millennials diving into the homebuying market amid rising rents.Zillow’s annual housing predictions… Read more
Blogged Sat Dec 13, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
What's this? A warm embrace of new development in Boston? Indeed. Residents near a proposed 21-unit apartment complex at 3383-3389 Washington Street in Jamaica Plain are cool with the idea, ironic given… Read more
Blogged Fri Dec 12, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Buoyed by growth in the connected devices industry — commonly referred to as the "Internet of Things" in the tech world — Boston-based LogMeIn is embarking on its biggest expansion project in the… Read more
Blogged Thu Dec 11, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Property appreciation rates for single-family residential home sales are generally much higher for larger homes, according to a new report by mortgage technology company FNC.“A profile of long-term… Read more
Blogged Wed Dec 10, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Boy, is our face red. On Dec. 23, we ran down the 10 priciest condo deals of the year that almost was. Turns out we should've waited a few days: The sale of the biggest spread at the brand-new Chanel… Read more
Blogged Tue Dec 9, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Seventy percent of U.S. adults are unaware of down-payment assistance programs available for middle-income homebuyers in their community, according to findings from the second annual America at Home… Read more
Blogged Mon Dec 8, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
BOSTON (Dec. 4, 2014) — CBRE/New England's Capital Markets team announces the sale of Village Green, a 56-unit, garden-style apartment community located in Tewksbury, Massachusetts, for $10,027,430.… Read more
Blogged Sat Dec 6, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
President Obama spent the morning addressing a room full of CEOs during the Business Roundtable.During his speech, he bemoaned the lack of progress in job creation and wage appreciation. That's a great… Read more
Blogged Fri Dec 5, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
After the Senate Banking Committee’s recent discussion on possible principal write-downs for delinquent underwater borrowers, Black Knight’s latest Mortgage Monitor Report found that if any solutions… Read more
Blogged Thu Dec 4, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Everyone knows that East Boston is having a moment. Further evidence comes in the form of an official groundbreaking scheduled for Wednesday morning: that of 6 New Street, the waterfront development… Read more
Blogged Wed Dec 3, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
The boom and bust in housing over the past nine years is still casting a shadow over the housing market, according to the formal 2015 forecast from Trulia (TRLA), and while five major measures of housing’s… Read more
Blogged Wed Dec 3, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
The Marlborough Corporate Center has sold for $25.55 million, according to the broker who handled the sale.Here's the full release:Marlborough, MA – December 1, 2014 – Cassidy Turley, a leading commercial… Read more
Blogged Tue Dec 2, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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John Gallagh…, Real Estate Pro in Boston, MA
Given the oftern high prices in today's market it is often a difficult choice for a first time buyer to make - Do I buy or rent based on my savings and current income.I have had significant experience… Read more
Blogged Tue Dec 2, 2014 by John Gallagher General Area Home Buying Rent vs Buy
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