With the coming of spring, so comes the busy buying and selling season in the housing market. The market is seeing developments across the country of low inventory and rising rates.  The Kiplinger Letter, an online source for business forecasts, shared a spring market trend report in which David ...
Since the start of the year, the average 30-year, fixed mortgage rate has been rising, with an increase just this week up to 4.45 percent from 4.44 the week before, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The Federal Reserve increased its interest rate this Wednesday, ...
February saw the rallying of existing-home sales, with a bounce back from the initial lull at the start of the year, with the National Association of REALTORS® (NAR) reporting that sales increased to 5.54 million, an increase of 3 percent.  “A big jump in existing sales in the South and West last...
New construction in Newton just sold for $1,300,000! This amazing property features 4 bedrooms and 4 1/2 bathrooms and a 2-car garage. The home has top of the line materials and finishes throughout, a huge chef's kitchen with oversized island, two master suites, an entertainment room perfect for ...
Stunning new construction in Newton just sold for $2,150,000! This home set on a 1/2 acre was built with every bell and whistle including: a huge gourmet Thermador kitchen, master bedroom with huge walk-in closet,  master bathroom with rain shower and makeup table, possible entertainment center, ...
According to the 2018 Home Buyer and Seller Generational Trends study, millennials are making an impressive mark on the market. Millennials, according to the report released by the National Association of REALTORS® (NAR), are accounting for 36 percent of purchases, taking the lead over baby boome...
New data in a report by Yardi® Matrix states that apartment rental rates, on average for the month of February, rose by $1, an increase of 2.7 percent rise year—over—year.  “it is not surprising, nor is it something to be disappointed with, since it is very close to the long-term average,” the re...
Today marked the grand opening of the stunning Pierce Boston, a luxury condo and apartment leasing building on the intersection of Brookline Avenue and Boylston Street. The 30-story tower holds 109 condominium units, 240 rental units, and over 20,000 square feet of street-level dining and retail ...

James Lowenstern

Castles Unlimited. Newton MA Real Estate
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