Nowadays, with the way the world is changing and with the situation being faced by the economy, one thing seems to still be rocking and rolling is the Boston luxury real estate as it is still booming and blooming and if you have had your own investments there, you are in for a year’s or even a decade of good fortune as the said market is not showing any signs of slowing down. As what we have mentioned above, the Boston luxury real estate market is booming and this can be visibly seen from the rise in the number of cranes and construction sites, especially in Downtown Boston, that are building new luxury condiminiums. Albeit the fact that every single day, newspapers, radios and even televisions are bombarded with news about record foreclosures as well as bubble bursting, this seem to not affect the state of the Boston luxury real estate market as the sales of their condos that are over one million dollars were up an astonishing eight percent in the recent years and it is still rising and rising as time passes by.
As of this moment, on accordance to the data that we have collected, there are dozens of new construction projects underway in the city of Boston at present and this includes forty five province; a thirty two-story, one hundred forty five unit luxury high rise steps from the Boston Common as well as a one hundred four unite Battery Wharf on the North End Waterfront, with units that begins with one point fifteen million dollars. it has been expected that the buildings aforementioned will be sold faster that what many think it would be.
In the past few years, there are several changes that are visible in the Boston real estate market such as how the South End , which was one of the most desirable neighborhoods to live in, has now become one of the most sought after and ,yes, expensive as well.
Of course, in a real estate market, there surely are real estate agents that make things easier for investors and proprietors to manage their properties. When we say real estate agent, one name that will surely come to your mind would be Demetrios Salpoglou. Demetrios is CEO and record broker for three of the largest leasing team in the greater area of Boston. And also, there goes the fact that Demetrios is not only known for being one of the best real estate agent in the greater Boston area, he is also known for having the finest record for servicing sellers and buyers who needs his help.