• What's New

    Timely information and opinions for our clients and friends

  • News from Charles River Properties

    Did you know?

    • "How's the market?" That's the first question home buyers and sellers ask their real estate broker.  We've just added a new research tool we can use to provide a timely, reliable and objective answer to that question for any location. Check here for a look at current reports for some of the towns in our area. 
    • Rent prices are rebounding. Rent in Boston increased by three percent month-over-month YTD, the largest increase among the 100 largest cities in the U.S. 
    • We subscribe to a service you can use to look at rental data for any location.  Complete the "Free Rent Analysis" form at the bottom of this page on our website and you'll receive a detailed report.

    Recent Closings and Listing

    • Under Agreement:   Residential lot, Fairway Drive, Newton  8,580 SF, asking $795,000. Listed 3/31, under agreement 4/07 with anticipated closing 5/28.* 
    • Under Agreement: 126 Montgomery Street, Unit 3, Cambridge.  Listed for $649,000. Anticipated sale date, May 7. We represent the buyers.
    • Sold  March 31:    73 Grand Street in Reading , a gracious c 1895 3 bedroom, 2 bath home on a 1/4 AC lot. Listed by Charles River Properties for $695,000; sold for $747,500, a 7% premium.*
    • Under Agreement  as of February 17:  6 Byers St in Springfield; a renovation opportuity in the city's Thurston Munson Local Historic District. *
    • Under Agreement  as of Feburary 16: 47 Lamberts Cove Road,   West Tisbury, Martha's Vineyard*
    • Sold February 12: Two bedroom/ 1 bath condo in Swampscott, $270,000. *
    • Closed January 14: Quaint 2 bed/1 bath condo  on a tree-lined street-a quick commute to the JFK and Andrew Square red line stations. We represented the buyer.
    • Closed January 6: Large Worcester 3- family in a great commuter location. We represented the buyer.

    * Listed by Charles River Properties LLC; we represented the buyers in other transactions noted.

    A Commercial investment opportunity

    • Are you looking for an opportunity to invest in a commercial property? Our newest Commercial listing merits your consideration. 33-41 Nason street in Maynard is a mixed-use commercial/residential building with six units generating approximately $100,000 in Gross Income. 

    Residential and Commercial Properties for Lease

    • We have several attractive residential properties for rent, some furnished.
    • Looking for a commercial property investment, or retail storefronts for lease or purchase in Arlington or Maynard? Let us know if one of these places appeals to you.   In most cases the properties we offer for rent are available exclusively through us. 
    • Leased: 185 Massachusetts Avenue, Arlington. 1000 SF storefront in a high visibility location near the corner of Winter Street and Massachusetts Avenue. 
    • Leased: 425 Watertown St. Rear,  2,500SF of space with  private bathroom. Two outdoor parking spots. Overhead door is 10'.  Leased by Melissa Borelli , Broker and commercial property specialist in our Newton Office.

     

    Real Estate Market News and Opinions

    Homeownership Remains Affordable for Average Workers Across Majority of U.S. 

    CDC Eviction Moratorium Extended Through June 30, 2021 3-29-21

     

    General Resources

    Opinion: Home price appreciation will be strong this year, but it won’t reach the historic levels of 2020 *

    Covid-19 caused a recession. So why did the housing market boom? 2-05-21

    Atty. Richard Vetstein's Massachusetts Real Estate Law Blog

     

    For homeowners

    Need to know more about mortgage relief options?*

    Coronavirus resources for property owners  

     

    For home buyers and sellers

    How a Change in Mortgage Rate Impacts Your Homebuying Budget*

    What It Means To Be in a Sellers’ Market*

    The Luxury Market is attracting buyers*

    Right now may be the right time to sell your house*

    The #1 Reason not to wait to list your home for sale  10-14-20*

    Why pricing your home right is essential 10-5-20

    How to Prepare for a Bidding War 10-16-20*

    Home Buying Guide -- Zillow 8-20

     

    For landlords

    What landlords wish new investors knew before buying their first property 12-11-20

    Ten Ways to Catch Frauduent Rental Applications 6-25-20

    COVID-19 Coronavirus Landlord-Tenant Laws, Regulations and Procedures Monthly updates 

    The Newfound Importance of Technology in Property Management (National Real Estate Investor) 

     

     

    *Items marked * are from the Charles River Properties LLC blog.

    All opinions are those of the respective authors. Charles River Properties LLC  employees and associates do not necessarily share the views expressed. For general information only, not legal or tax advice. 

    Any property information is subject to change and is from sources we deem reliable but its accuracy is not guaranteed. Properties advertised may no longer be available and are subject to prior sale, withdrawl or changes.

    We Support Fair Housing

    Updated 4-09-21

     

     

  • Should be Empty: