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      Blog :: 10-2013

      Spooky Spots In and Around Boston

      If you're one to celebrate All Hallow's Eve (aka Halloween), then this list is for you. Boston and the rest of the Bay State is known to have haunted locations all over, given its abundance of antiquated buildings, and richness in history as the state is one of America's oldest settlements. Beantown's cobblestones, which date back as far as the early 1800's, are a sign of the city's dated past and have been witness to a lot of happenings, both commercial and creepy. Most of the homes built then were intended to house multiple families and have been home to many generations that some say still hasn't left its premises.

      Charles Gate Hotel, Back Bay Sitting in Boston's Back Bay on Beacon Street, this hotel was built in 1891 by John Pickering Putnam, his architectural influence was derived from his interest in Nationalism. Frequented by the wealthy until the 1920's, the Charlesgate quickly became a boarding house for ladies of the night and it was linked to the Mafia. The Hotel is now filled with multiple condominiums complete with visitors from the other side. Apparitions in the form of Flappers have been spotted by several dozen workman and visitors, and the basement, once a stable has had quite a few sightings of ghost horses.

      Omni Parker House, Downtown Boston The ghost of Harvey Parker, who opened the Parker House in 1856 and died in 1884, allegedly roams the hotel's 10th floor annex. During his life, Parker was "a perfectionist who kept his hands in every detail of his restaurant and hotel operations," says the Omni's website, so his apparitions "hardly come as a shock." Other encounters include shadows, mysterious rocking chair noises -- especially strange because the hotel has no rocking chairs -- and orbs of light. Elevators also mysteriously come to the third floor, where Charles Dickens lived for two years, without being called.

      Lizzie Borden House, Fall River Although she was acquitted of the gruesome murder at her 1845 Victorian home, the ax-wielding Lizzie Borden never shook her "forty whacks" claim to fame that she killed her father and stepmother on Aug. 4, 1892. In addition to her chop-chop notoriety, Borden apparently had an intimate relationship with actress Nance O'Neill. There's also a theory that she had a torrid love affair with the housekeeper, Bridget Sullivan. Currently a bed & breakfast and museum, the Borden house is open for curiosity seekers to spend the night where the murders took place.

      Cutler Majestic Theater, 219 Tremont St. The theater was built in 1903 and opened and closed on many occasions before Emerson bought and restored it in the 1980s. "Every theatre major at Emerson must do tech work at the Majestic, and most have experienced something," according to a write-up on Massachusetts Paranormal Crossroads. Some say the ghost of a former Boston mayor, who died during a performance, still sits in his seat, while others believe a couple and their daughter hang around the building's upper balcony.

      Hammond Castle, Worcester Inventor John Hays Hammond, Jr. who built the medieval-style castle in the late 1920s had an odd desire to be reincarnated as a cat. Many believe the black feline who roamed the grounds and sat in his favorite chair in the library was Hammond himself. Henry Davis Sleeper, the legendary designer who is rumored to have had an unrequited love affair with his Red Roof neighbor, Abram Piatt Andrew Jr., designed the inventor's favorite spot, known as the "whisper room," where people have heard disembodied voices from beyond.

      More Than A Thousand Residential Units On The Rise

      Boston's streets might be getting cold, but the real estate in the city is still sizzling hot. This comes as the Boston Redevelopment Authority has approved more projects in the past week. In total, the projects the BRA gave the green light to will add an additional 850 units in the city's key neighborhoods. Another highlight to last week's pronouncements was the approval of the long-awaited and much-delayed Copley Place Tower which will give significant number of floors to the mixed use city center.

      Specifically, the BRA approved Copley Place's 52-story spire plan that no doubt will eclipse the Public Library, as well as enhance the number of skyscraper buildings in the Back Bay. The tower will be host to 433 rental apartments and 109 condominiums, with more than 500 basement parking spaces. The building is also poised to be one of the tallest buildings in the city. The project was originally slated to be completed by 2010, however the recession prevented the groundbreaking, and like many projects, the plans did not see the light of day until late last year. Needless to say, Bostonians are looking forward to this development, as it will definitely enhance the Back Bay's skyline.

      Not to be outdone, the South End - already having seen more than 20 projects approved just in the summer of 2013 - also has another development that was green lighted, however this time to serve the commercial space-seeking community. To be situated on picturesque 80 East Berkley Street, the said development will have more than 300,000 square feet of space on its 6 upper floors, and retail and restaurant space on its first floor. Once completed, this no doubt adds to the bulging community of the South End as start ups and neighborhood offices begin to crawl throughout the city, and delving away from once seedy areas.

      Another ambitious residential development on the rise is Jamaica Plain's 283-unit projected dubbed 'The Commons'. Located near the Forest Hills MBTA Station, the project, will include retail space and a public park totaling to 7,960 sq ft, and is part of an ongoing initiative to gentrify the neighborhood and develop the MBTA terminal into a full community-based neighborhood. This, in conjunction to the latest developments in the JP area (most notably 225 Centre Street), will surely complement the general district's overall gentrification and redevelopment.

      Last and certainly not the least of the latest BRA-approved projects is Fenway's 'The Viridian'. The project is an 18-story tower slated for the very busy neighborhood of Fenway, right along 1282 Boylston Street. The 348,235-square-foot project will rise to 18 floors and include 322 apartments. It is also slated to have 15,000 square feet of ground-floor retail as well as 295 parking spaces. The Viridian replaces an old McDonald's lot, and is the latest to join the Fenway development boom.

      On other news, if you're a downright Downtown resident in Boston, you would be pleased to know that the once "weekday-only" district is vastly evolving into a 24/7 bustling neighborhood. With the addition of round-the-clock convenience stores, services, retail and entertainment components, the scene in Downtown (aka Financial District) is evolving. In prior years, the Financial District was seen as a cold and harsh district to walk past 6'o clock at night, since the area is closed down because of the primary nature of its clientele: the office 9-to-5 folk. However, the two years' resurgence in real estate and project development has transformed Financial District to a genuinely mixed use community serving not only businessmen, but also residents of nearby residences.

      There's no doubt in our minds that Millennium Place and Millennium Tower investors are choking in satisfaction of this news.

      Construyendo la casa de sus sueños.

      Una mudanza o un cambio de destino conlleva muchas más cosas que coger un avión, un tren o un coche y plantarse en la ciudad de la noche a la mañana para comenzar con su nueva vida.  Cuando por fin se declina por la casa o el apartamento de sus sueños a veces resulta un poco depresivo entrar a vivir y que  lo único que haya en su interior sea polvo acumulado y un olor a cerrado espantoso. En BIRE creemos que para construir una vida de ensueño primero tiene empezar por amoldar su espacio personal; de este modo, usted y su familia se sentirán más cómodos, satisfechos y felices.

      Una de las trabas más pesadas a la hora de desplazarse a un lugar nuevo puede ser la búsqueda de inmuebles, de hecho, dormir tirado en el suelo con un colchón inflable no es una sorpresa mientras que se desarrolla este proceso. Sin embargo, peripecias como las del colchón a la larga puede que les traiga problemas. Si algo bueno tiene la ciudad de Boston es que cuenta con cantidad de tiendas y lugares para conseguir sus inmuebles de una forma rápida, segura y, por supuesto, encontrando todo lo que busca, ya que es una metrópoli con una tasa de desplazamientos bastante alta.

      Aquí les dejamos una pequeña lista para que echen un vistazo de los principales lugares de venta de muebles.

      IKEA: 1 IKEA Way, Stoughton, MA 02072

      Está tienda cuenta con todo lo necesario para construir su casa a un coste bastante rentable, suele ser utilizada por estudiantes que vienen a estudiar a la capital de Massachusetts. El único desafío que presenta está compañía es que los muebles han de ser montados por usted mismo.

      BOSTONWOOD: 1117 Commonwealth Ave, Boston, MA 02215

      Está tienda se ubica en el vecindario de Allston/Brighton, se equipa con productos de madera de excelente calidad. Además, si le gusta pintar podrá hacerlo, pues muchos de los productos vienen con el propio color de la madera. Así que coja un pincel, deje su imaginación volar y personalice los muebles a su gusto y semejanza.

      LEKKER HOME: 1313 Washington St, Boston, MA 02118

      Situada en South End, este lugar cuenta con muebles y precios de todo tipo. Es un espacio ideal para aquellos que quieran dar un toque "chic" a su domicilio. También podrá encontrar más utensilios como ropa de cama, ropa de baño y cantidad de artículos de decoración.

      CREATE & BARREL: 777 Boylston Street, Boston, MA 02116

      Ubicado en el centro de Boston este lugar también ofrece multitud de muebles para empezar a decorar su casa. Además, será atendido por grandes expertos que le ayudarán a elegir que es exactamente lo que desea.

       

      THE BOSTON BED COMPANY: 1113 Commonwealth Ave, Boston, MA 02215

      Los muebles son algo fundamental pero una buena cama también lo es. A la larga esto le evitará problemas de espada, malestar y le permitirá estar descansado y al 100% para enfrentarse a la vida activa con la que cuenta una ciudad. Esta tienda está especializa en colchones que gozan de una calidad exquisita para satisfacerle con un buen descanso.

      MOHR & MCPHERSON: 460 Harrison Ave, Boston, MA 02118.

      Si le gusta una decoración de interiores impregnada de paz y buenas vibraciones entonces el diseño asiático es su estilo. En esta tienda encontrará todo lo que necesita para que los rincones de su casa luzcan como usted desee.

      Y por supuesto hemos de mencionar Craiglist.com. Se trata de una famosa página web de segunda mano donde podrá encontrar todo lo que está buscando a un precio muy económico. Incluso en muchas ocasiones se pueden encontrar productos totalmente gratis, ya que su dueño se tiene que desplazar y no sabe que hacer con ellos. Esta página es muy utilizada por aquellos estudiantes que vienen un corto período de tiempo y necesitan enseres que en un futuro no volverán a utilizar.

      Hablando de páginas web Amazon.com también ofrece productos interesantes y muy atractivos para darle forma a su hogar. Además, este sitio web ofrece la opción de comprar artículos nuevos y de segunda mano, eso ya depende de usted y de sus intereses.

      Y como no íbamos a mencionar los famosos rastrillos de la calle. Seguro que han visto cientos de veces en películas a aquellas familias que están a punto de mudarse de la ciudad, sacan todas sus pertenecías a la calle y, allí mismo, en la propia acera de su casa, las venden. No sea tímido y eche un vistazo si se topa con uno de estos rastrillos, pues puede encontrarse con una sorpresa y darle algo de vida a su apartamento.

      Lo que debe tener en cuenta es que lista de los sitios que le ofrecemos abarca tan solo una pequeña parte de la multitud de opciones y tiendas que Boston ofrece a sus residentes. Y como hemos mencionado antes, esta ciudad está continuamente recibiendo y despidiendo a sus ciudadanos. Por eso tiene más opciones además de elegir la primera tienda que tenga un sofá en su escaparate. Mire tiendas de segunda mano, páginas de internet que considere que pueden ofrecerle unos buenos chollos y hable con lugares especializadas para descubrir que es lo que realmente busca.

       

      *Si busca el apartamento de sus sueños llame al (617) 505-1781 o escribanos a: info@bostonire.com y concrete una cita con nosotros. ¡Le facilitaremos el comienzo de una nueva aventura!

       

       

      Massachusetts Set Record Highs Once More

      As if the Sox making it to the World Series and winning Game 1 isn't enough good news, it seems that Massachusetts is enjoying even more positive vibes, as more single-family homes were sold in the state and the city last month than in any September in the past eight years.

      Driven by still-low interest rates and more a swelling number of qualified buyers, with short supplies adding to that, the Massachusetts Association of Realtors shared data that indicated median prices have also surged, up to pre-recession levels in some communities. Specifically, twenty-six communities are now above their pre-crash high for median price and others are closing in on previous highs. The 4,358 single-family homes sold in Massachusetts last month was 16 percent higher than September 2012, and the most since September 2005.

      At the same time, the median price jumped 16 percent to $323,625. Realtors reported 4,289 closed sales in September, up more than 17 percent from September 2012. A nearly 12 percent jump in the median price to $325,000 was the 12th consecutive month of year-over-year increases.

      September closed sales and prices was another example of buyer demand outpacing housing supply and that resulted in the most closed sales in a September since 2005. Interest rates are still low and qualified buyers are still there, but what we need now to get to full recovery is those sellers who are holding off, to make the commitment to sell.

      Not to be outdone, condominium sales showed similar improvement, as figures report a 19 percent jump in year-over-year sales, and a nearly 8 percent boost in median prices. Specifically, 6,615 condo units were sold in this period compared to 6,056 during the third quarter 2012. Looking at year-to-date data, condo sales are up 4.8 percent, increasing to 15,373 from 14,665 during the same periods last year.

      Median condo prices also increased to $295,250 in September, a 7 percent spike compared to $275,000 a year earlier. Third quarter median prices are up 10.4 percent, increasing to $310,000 from $280,750 in the prior year. The year-to-date median price of condos in the Bay State is $295,000, up 5.7 percent from $279,000 a year ago.

      Interestingly, a separate study commissioned by a Boston-based real estate firm reported a more modest jump in sales of about 12 percent, and a 7 percent spike in median price. However, whatever the case may be - data seem to resound the positivity that surrounds the city this third quarter.

      Are Over Asking Prices Over?

      As fall season continues on, it seems that temperatures aren't the only ones getting lower.  Shares of over-ask offers in nine key Boston condo markets dropped to almost 50 percent - 47 percent to be exact - of sales in September, down from around 53 percent in August and 55.9 percent in July. Also, only 25 condo sellers in these markets took offers of more than $50,000 over asking in September, about half the amount of sellers who did so in August.

      The nine key Boston condo markets include: Back Bay, Beacon Hill, Brookline, Cambridge, Charlestown, Jamaica Plain, Somerville, South Boston, and the South End. Noticeably, the North End stands out as the key neighborhood that does not below to this list, as properties for sale in this district are tighter than ever.

      As in the past, the temperature of over-ask prices differ by neighborhood. Surprisingly, Back Bay is still the neighborhood voted least likely to garner an over-ask, and in September only 10 of 38 Back Bay sellers went home with more than they had asked. Moreover, Beacon Hill still remains a tough over-ask market if you're convincing condo buyers to pay more than the list price.

      One can assume that because of the still-tight inventory, prices would be higher. However, due to the lapse in the sales after the peak of the summer buying and selling season, property prices have become stagnant. Negotiating prices for existing homes are likely to fetch below-asking, however newer units tend to fetch higher asking, as demand for these newer units are greater - without considering the location of the property.

      However, in spite of the little loss of enthusiasm for the general market, Brookline sellers seem to withstand. 77 percent of Brookline's September sales were for more than the list and asking price. In addition, of the ten September condos that sold for at least $100K over asking across these nine markets, three were in Brookline, including the highest over-ask of the month, which went $215,593 above the list price.

      And though over asking prices seem to retreat for the time-being, property prices remain steep and competitive. Home prices continue their ascend to their seven-year highs, giving potential buyers a slim window to work with - at least until the rush of the buying season perks back up in the spring.

      The Sweet Spot for Move-up Buyers

      The peak home-selling season may have ended, but there some buyers are just getting started: those looking to sell their home and trade up for a bigger one, most likely outside the city. That then leads you to wonder: Is now a good time for these buyers to start their search? And what does this uptick in move-up buyers mean for the market?

      Movin' on up Homeowners in many areas in Massachusetts who bought just before the housing bust had little opportunity to move up to a larger home in the recent years. Underwater on their mortgages, these homeowners were stuck for years waiting for their homes to appreciate.

      The good news is that a significant number -- 18.5 million homeowners, or 40% of all folks with a mortgage -- now have at least 20% equity, according to the latest real estate numbers from Massachusetts Association of Realtors.

      That's because prices in the first seven months of this year increased faster than in any year since 2004, when the real estate bubble was inflating, as proven by the latest September Home Price Index by Case-Shiller. Now many once-stuck owners can jump back into the housing market and move up to a larger or better-located house.

      While exact data on move-up buyers in the state is hard to come by, the share of first-time buyers has been declining, dropping to 28% of purchases in August from 31% in August 2012, while at the same time sales have surged by double digits, according to the National Association of Realtors. Given this data, it does appear that second-time-around buyers are becoming a bigger part of housing sales as home prices and interest rates have started to rise.

      For many move-up buyers, the price of the house they want is going up, but so is the house they currently own. Moreover, because buyers have more money to put down and are less sensitive to interest-rate upticks, they can afford to wait until the right house comes along.

      While many homes at a lower price point were getting multiple offers, a home priced around $400,000 had plenty of interest at its open house, but no one eager to make an immediate bid. This is because some home shoppers may be waiting for more inventory. With the number of homes available for sale limited, there's far less for move-up buyers to choose from. So, while selling their starter home may be easy, finding a place to move into is much less so.

      To be sure, a lot of high-end inventory was taken off the market in the first half of the year. In fact, sales of existing homes priced at more than $1 million surged 37% in the first half of 2013 -- triple the growth of the housing market as a whole.

      The return of move-up buyers is good for the market as a whole as it brings more homes to the market, particularly much-needed starter homes, as these buyers trade up. It's also a good sign for the broader economy since it's a clear indicator of a healthy and sustainable recovery is increased housing turnover driven by trade-up buying, which is more or less discretionary spending. These buyers are typically more responsive to market conditions and financial incentives than anyone else.

      Move-up buyers: Know the difference in listing agreements Before you buy your next home, you need to sell the one you have. Here's a little refresher course in the types of listing agreements that your agent might ask you to sign, and what they require of you, courtesy of the Federal Trade Commission's real estate glossary.

      real estate terms boston massachusetts Boston international real estateDo you know the difference?

      • Exclusive right-to-sell listing: Under this listing agreement, the property owner appoints a broker as the exclusive agent to sell the property on his stated terms, agreeing to pay the listing broker a commission when the property is sold, regardless of whether the buyer is found by the owner, the broker or another broker. If a second broker finds the buyer, then the commission is divided between the two brokers.
      • Exclusive agency listing: This more limited listing agreement specifies that the listing broker acts as exclusive agent to sell the property for the owner but may be paid a reduced commission -- or none -- when the property is sold if, for instance, the property owner finds the buyer. The commission is divided if a second broker finds the buyer.

      The Recovery & Affordability: Riding The Wave with Reduced Risk

      Many have deemed 2013 the year that they will finally make the move - both literally and figuratively. The past summer selling season was a clear indication of this trend: more people bought property this year than any other year in the past seven years; proof that the housing has indeed come roaring back. And now that the seasons have changed, you're probably wondering how real is the demand for new homes and investment properties?

      To really answer that question, we really should understand the current state of things; in particular, the trends that surround the market right now - home prices are rising at levels not seen since 2004, building permits for small scale developments are getting ok'd almost every other day of the week, with bigger ones every two weeks since February, and finally add to that the fact that foreclosures have significantly dropped. All these three combined, makes the argument that the housing recovery is pretty much in full swing.

      The only concern with how fast the real estate market is recovering is really the affordability to buy property. With home prices escalating at historic levels and pace, not a lot of moderate-income individuals and families can keep up since their income is not moving at the same pace. And in a market as tight as Boston, it's essential to keep in mind how you can still purchase without sacrificing the price and quality of the property you ought to buy. Though the city is trying its best to keep housing available to all via developing more units for sale and approving projects on the pipeline, there's still a relatively short window of sellers and buyers balancing off, it's important to know how you can best navigate the real estate market without getting lost along the way.

      Here are some tips on how you can ride the real estate wave with minimal risk, given income levels don't catch up with median home prices' steady increases:

      1. Stay Calm and don't spend more than you can really afford. The renewed frenzy in the real estate market can drive you to think to "strike while the iron is hot". Don't let it just yet. Assess your finances. Even though there is urgency to buy and the hype is real, make sure you can afford it, otherwise it will just slip off your hands. There are plus and minuses to buying now. Take into consideration your personal situation first. In the long run, you can still afford to buy once things have staved off - you might just have to let go of certain things on your dream home wish list (like "all brand new kitchen appliances"). However, if you are in an excellent financial position, get to it - there's no better time to take sellers for what they're worth.

      2. Make Your Best Offer Remaining calm is essential, but also be realistic. When you're bidding on a property with multiple offers, you need your offer to stand out. Be bold with it, usually the best buyer in a bidding war is the one who lost the last bidding war on a previous property - that transaction usually teaches the buyer a painful lesson in bidding and timing. Though the danger of overpaying is there, if you feel that it's the right investment for you, then the risk is tempered and reduced. This is especially true in a rising market like Boston's - wherein three to five years time, you really won't care about that extra $5,000 that you put in to get your bid through.

      3. Check Your Credit Before setting foot in your broker's office or an open house, check your credit reports. AnnualCreditReport.com offers one free report annually from each of the three credit-reporting companies. If you see anything that doesn't appear correct or needs updating, a good time to make those changes is before you're in the process.

      Consider buying your credit score as well. With your score in hand, you're in a position to negotiate. You can say to the lender that you're looking for a 30-year-fixed mortgage, you have a Fico score of 760, and that you can put 20% down. Then turn the conversation into what sort of interest rates and closing costs the seller can offer you. It's a powerful bargaining tool, so keep your report handy with you when you go with your broker to showings.

      4. Account for your Assets In a competitive market such as Boston's, buyers who have a lender's pre-approval in hand when putting in offers at homes works as a deal insurance. Your pre-approval speaks highly of your financial position. Along side this, be prepared for a stringent underwriting process. Lenders want to see a consistent income stream. And a gift or funds transfer must be well documented, in part to ensure you're receiving a true gift, rather than an unspecified "phantom" loan. Another benefit to bringing a pre-approval is that it sets a price limit on your home shopping. There's no sense falling in love with a place you can't afford to buy because you can't get approved for the loan. If you're offering cash however, all of this is not needed. Remember that cash will always be king and will trump any other offer on the table.

      5. Bring a bulging downpayment If at all possible, be prepared to offer more than 20% downpayment to the table. This will not only make your offer shine against the rest, but it will also give you a particular place in the buyer's mind. Remember, it's always the case that the more they get upfront, the better. Anything that helps the downpayment side of the transaction is a persuasive tool for the seller - it reduces the possibility that there will be a bank problem .

      6. Be nice If you're competing for a house with other buyers, stand out by making life a little easier for the seller. For example, be flexible about the closing date. All things being equal--the seller is getting the same dollar amount from you or the next person--but the buyers would just give the seller the flexibility of the settlement date that he prefers, maybe the seller is going to say, 'Money's not everything,

      7. Finally, find a good agent An experienced real-estate agent may alert you to homes before they come on the market. Plus, if your agent is respected, that can help you stand out with the seller's agent. Realtors tend to have a great network, and it definitely helps that you're with one that knows mostly everyone in the business to help you secure that sale.

      Boston y su tiempo: un buen clima una buena estancia.

      El tiempo de Boston a veces puede ser una traba tanto para el turista que decide venir a pasar unos días como para el propio residente de la ciudad. El clima puede cambiar en décimas de segundo, es por ello que existe un dicho común entre los habitantes de esta metrópoli que dice: "si no te gusta el tiempo de Boston, espera un día."

      En Boston International Real Estate nos preocupamos para que escojan adecuadamente el vestuario y los bártulos que deben traer dependiendo del clima, pues venir sin abrigo a -5 Cº es un motivo de resfriado. Sin más dilación, aquí les proporcionamos una ligera idea de las diferentes temperaturas en los diferentes meses del año.

      Enero es un mes donde el clima varía mucho. Normalmente, encontrarán temperaturas entre 4 y 5Cº, alcanzando máximas entre -7 y 15 C°. Las noches son bastante duras ya que el clima suele alcanzar los -6 C°. El cielo, por lo general, está cubierto de nubes en su mayor parte del día. Además, es muy fácil encontrarse con algún día de nieve.

      Febrero también es un mes frío, pueden encontrarse con temperaturas diurnas entre 6  y 7 Cº a principios de esta etapa, en cuanto a finales de mes lo común son 8 o 9 Cº.  Las temperaturas durante la noche se asimilan bastante a enero, pues llegan a alcanzar máximas entre -4 y -5 Cº. El cielo de febrero se encuentra nublado la mayor parte del tiempo. También durante este punto del año la nieve puede ser algo común en la ciudad.

      Marzo es frío pero bastante menos que los dos meses anteriores. Durante los primeros días de este período las temperaturas suben entre 12 y 14 Cº. A finales de mes, sin embargo, el clima mejora notoriamente alcanzando temperaturas entre 17 y 18 Cº. Durante la noche las temperaturas bajan bastante y se establecen entre 6 y 7 Cº. Es un mes donde el cielo está cubierto en su mayor parte por nubes pero también se puede disfrutar de días totalmente despejados. De lo que no se librarán será de la lluvia; en marzo aún continúan los chubascos.

      Abril es un mes donde las temperaturas suben mucho, especialmente durante el día, estas llegan a alcanzar a principios de mes los 13 y 14 Cº, y a finales de mes lo común son los 17 y 18 Cº. El cielo todavía está bastante nublado pero se pueden encontrar días despejados. En cuanto a la lluvia, hay un dicho que dice: "en abril agua es mil," por eso todavía deben mantener un paraguas a mano; para evitar terminar empapados a causa de un chaparrón.

      Mayo llega cargado de "grados," durante el día las máximas temperaturas alcanzan los 26-27 Cº.  Las noches son un poco más frías, 14 y 15 Cº es la media común. Este mes cuenta con un 20% de cielos totalmente despejados y un 15% de lluvia. Aunque este nublado y haya días con chubascos pueden empezar a plantearse actividades al aire libre pero sin olvidar que "en mayo todavía no han de quitarse el sayo," pues hay días fríos que pueden jugar malas pasadas.

      Junio es un mes bastante cálido, de hecho se podría decir que empieza oficialmente la época de verano. Las temperaturas durante este mes alcanzan los 30-31 Cº durante el día y los 18-19 Cº  durante la noche. A pesar del calor y la humedad de este mes, pueden encontrarse en algunas ocasiones con el cielo de Boston cubierto de nubes. Pero sin duda alguna podrán disfrutar  en manga corta de los parques de y de las áreas más bonitas de la ciudad.

      Julio y agosto son de los meses más calurosos, las temperaturas de ambos periodos rondan durante el día los 30-32 Cº, y por  la noche estas los suelen bajar a  25 Cº. Son meses donde el cielo esta totalmente despejado en su mayor parte del tiempo pero la humedad sigue predominando. Es la época perfecta para disfrutar de Boston si les gusta caminar, caminar y caminar...

      En septiembre durante los primeros días las temperaturas pueden variar entre 27-28 Cº, sin embargo a mediados de este mes hay una fuerte caída en el ambiente y el clima se enfría alcanzando temperaturas entre los 17-18 Cº. Boston por lo general, suele estar soleado, pero también podemos encontrar algún que otro chubasco.

      En octubre las temperaturas continúan disminuyendo, alcanzando los 17-18 Cº durante el día y los 11-12 Cº  durante la noche. El cielo esta nublado en su mayor parte aunque también cuenta con días bastante despejados. Por otro lado, aunque el viento este ausente por norma general,  la brisa puede alcanzar los 25-26 Km/h en determinadas ocasiones.

      En noviembre las temperaturas oscilan entre 4 y 15. Durante este mes se puede disfrutar tanto de días soleados y maravillosos como de días donde la lluvia y el viento son los protagonistas. Es un mes frío en el que ya deben comprar un paraguas y un buen abrigo porque el invierno está llegando a la metrópoli.

      Diciembre  cierra el año con temperaturas que oscilan entre 2 y -3 Cº, es un mes helador con el cielo cubierto por nubes en su mayor parte del tiempo. Durante este mes también se pueden encontrar algunos días de nieve, lluvia y viento. Aunque de vez en cuando diciembre les puede sorprender y mostrar su mejor cara dejando que algunos rayos de sol se asomen por los recovecos de Boston.

      7 Reasons Why You Should Invest In Rentals

      Home sales have finally begun to slow after a red-hot slammed summer selling season where we saw prices soaring so quickly that some began to worry about the return of the so-called housing bubble.

      But despite the recent housing gains, the country's homeownership rate has continued to fall. Just 65 percent of households in the first half of this year owned their homes, the lowest level in 18 years, and a significant decline from the record-high of more than 69 percent reached at the height of the housing boom in 2004. In Boston, homeownership is not nearly as rare, however owner-occupied units continue to be a thing of the past.

      Although buying a home is roughly 35 percent cheaper than renting in the long term, an increasing percentage of Americans are choosing to sign a lease rather than a deed.  Experts predict homeownership will fall even more in the next few years. And though homeownership rates are likely to rebound a few years from now, one startling point floats out: that this is the right time to invest in an income property. Here's why:

      There's lingering impact from the foreclosure crisis

      Foreclosure activity peaked in 2010, and August foreclosure starts were at the lowest level since December 2005. Just because the worst of the foreclosure crisis that led to the housing bust is behind us, it's not so far in the rear view that it's no longer impacting the market. Many of those who have lost a home to foreclosure have no desire to be a homeowner again. But even those who do will have to wait years before they can purchase another property. Foreclosures remain on a credit report for seven years, which can make it extremely difficult for those consumers who have been through one to get favorable terms on another mortgage.

      Lending conditions continue to be tight

      Potential buyers without a foreclosure on their credit reports are finding it tough to get a mortgage. Even with a down payment of 15 percent to 25 percent, nearly one-third of Americans will not qualify for a mortgage under today's lending standards, according to late-September Zillow study.

      Investors remain to reshape the market

      Cash-rich institutional investors jumped into the market when homes were at their cheapest and built up massive real estate holdings that they've since turned into rental properties. In addition, many people who were underwater on their homes but needed to move became "accidental landlords," renting out their first home so that they could move to a second.

      Millennials haven't matured

      Thanks to high unemployment rates and heavy student-debt loads, more millennials have moved back into their parents' homes after college. In 2012, 36 percent of the country's 18-to-36-year-olds lived with their parents - the highest share in at least 40 years, according to a Pew Research study released in August.

      Experts believe those millennials will eventually move out, but they're not going to jump straight from mom and dad's couch into homeownership.

      Adding insult to injury, housing economists believe that the young people of today are probably going to rent before they buy. That results to only one thing: pushing the homeownership rate down even further.

      Fewer people are with families

      Just 21 percent of current households are married with children, a decline from 24 percent in 2000. Meanwhile, the number of single households has reached 27 percent, more than double the percentage a few decades ago, according to the Census Bureau.

      Space is the primary concern with buying versus renting. There's less of a need now for people to stay put and buy a house with space for all their kids. Individuals of today are more interested in living close to work and being able to walk places over starting families and staying at a permanent residence.

      Potential buyers are worried about mortgage rates

      A study reveals that nearly two-thirds of potential buyers are worried that rising mortgage rates have negatively impacted their ability to buy a home. Twenty percent of buyers said they had slowed the pace of their home search in response to rising rates. Mortgage rates are about 4.5 percent, but the Mortgage Bankers Association predicts they'll reach 4.9 percent by 2014.

      Buying isn't the dream anymore

      As everyone knows, the "American Dream" used to be synonymous with homeownership. Not so anymore. Today, the most popular definition is retiring with financial security, followed by being debt-free, according to Credit.com. Just 18 percent of respondents to that survey said that buying a home was the American Dream.

      So, if you have the means to buy and invest in a rental property, now is the time to strike. There's no better period to ride the real estate wave, when you know you can get your investment back without the worry of when your investment will return.

      Landlord's Guide To Rental Etiquette

      We all know that not all properties are created equal - some are big, some are small, some are miniscule. There are some that are idyllic and perfect, but comes with a few hitches: the landlord being one of them. Some say that dealing with landlords is even more stressful than dealing with the shortcomings of their dwelling space. So, if you're one of the lucky ones who have invested in a rental property this past summer selling season, then listen up.

      Many renters find out after they've already moved in, that their landlords are a pain when it comes to respecting their right to quiet enjoyment of the property. It may be that you frequently and mysteriously appear at the property, or you enter the premises without notice. Whatever the annoyance, it can quickly lead to a strained landlord-tenant relationship.

      The key to being a good landlord -- and making more money on your rentals -- is to have a good working relationship with your tenants. Here's how to balance taking care of your property with being respectful of your tenants and their personal space.

      FIND GOOD TENANTS

      If you rent your property to decent tenants, then you'll be less likely to worry and you'll be less nosy. That will translate into leaving your tenants alone, which will make everyone happy. So work hard to find good tenants by doing the proper credit checks, calling references, talking to past landlords and verifying income before agreeing to let someone rent your property.

      GIVE PROPER NOTICE

      Once your residents have moved in, you should try to avoid going by the property without notice. No one likes someone watching them -- and this includes driving by, too. Always try to give proper notice, at least 24 hours, so they can clean up and be ready for your arrival. Most tenants are not going to mind reasonable inspections (two to three times per year) as long as they know you are coming. Remember, most tenants are concerned about the landlord for various reasons. Put them at ease, and you'll have a better relationship with them.

      MAKE TIMELY AND NECESSARY REPAIRS AND IMPROVEMENTS

      So what about a landlord's time frame for fixing broken items? Obviously water, electrical, gas, heater and air conditioner issues need to be attended to immediately. But sometimes less vital items such as malfunctioning appliances or sticky doors fall lower on a landlord's to-do list. Keep your tenants posted on the status of clearing any issues, and try to fix them as soon as you can.

      TRICKS FOR TENANTS

      The better tenant you are, the less concerned your landlord will be. If you take great care of the property and don't cause issues, you'll soon learn your landlord has much better things to do than keep an eye on you. Paying rent on time, keeping the property in good shape and being neighborly all help reduce a landlord's stress and will benefit you by leading to fewer inspections and better service when issues arise.

      If something is still irritating you, such as the landlord leaving personal items in the house or coming by too often, try the diplomatic approach first. Just a nice short and courteous email goes a long way with most people.

      If that doesn't work, unfortunately your best option might be to just move at the end of your lease term. Make sure to let the landlord know why you're moving: It'll serve as a hard lesson that putting in the extra effort to keep good tenants usually pays off.

      And if at the end of the day you know you have what it takes to be one of the city's best landlords, it's not too late to find an investment property for you. Call us now to inquire about opportunities in the city's hottest neighborhoods! We have listings you'll want to preview. We also offer free consultations, so you'll get to see how much you can earn from your investment! Book an appointment now at (617) 505-1781 or via email at info@bostonire.com