real estate: Commercial Real Estate in Massachusetts - 02/11/20 09:20 AM
Wondered if Massachusetts has commercial real estate at a premium level? Well, there is an increasing demand for offices, retail, and warehouse spaces in several towns, so it is! especially in corridor 128. This location is incredible, giving is close to Boston and the highway access to routes 9,2 and 1. 
At the top of the market is 135 Well Ave in Newton's Wells Avenue Office Park. This commercial real estate building is 60,000 sqft destined to office spaces. This commercial gem is set on more than 6 acres of land with space for 160 cars. The property can be bought for $18,000,000.
The 175 Highland Ave property in … (0 comments)

real estate: The Top 10 Most Expensive Real Estate Listings In The World 2017 - 11/16/17 11:43 AM
1 AntiliaPrice: $455 million
Price: $1 Billion USD
Location: Mumbai, India
Square Feet: 400,000
27 Stories-high personal skyscraper in Mumbai, with additional 6 floors underground, the height of some floors makes its total height comparable to a 40 story building.
Antilia contains a multi-story garage with space for 168 cars, as well as, three helipads on the roof, in case you prefer to arrive by air. The listing also features a spa, terraced gardens, and a temple.
 
2 Villa La LeopoldaPrice: $750 Million USD
Location: Villefranche-sur-Mer, France
Square Feet: 784,080
Owned by Brazilian philanthropist Lily Safra, the villa has an outdoor kitchen, a guest house as large as many mansions and was even featured in … (0 comments)

real estate: The Non-Franchise Franchise for the Disenfranchised - 02/10/17 01:48 PM
In 2015, James Lowenstern wrote and self-published the book Your Million Dollar Year in Real Estate  in order to shine a critical light on the defining principles, structures, and tenets inherent in the current residential real estate brokerage industry. Over the last 3 decades, Lowenstern has been building a name for himself within the Greater Boston area real estate market - presently, he is the President and CEO of Castles Unlimited®, as well as the founder and publisher of Castles® Magazine (in print and online as castlesmag.com).  But Jim’s love of real estate has stretched across all sorts of platforms – … (1 comments)

real estate: Study Finds Proximity To Healthy Food Influences Real Estate Prices - 01/24/17 12:16 PM
There are a few well-known factors that influence real estate values such as school systems and access to parks. But here’s one you may not be as familiar with.
According to a study by Urban Land Institute (ULI), access to healthy eats, a focus on local sourcing and innovative cuisine options all influence real estate values for the better. The report, Cultivating Development: Trends and Opportunities at the Intersection of Food and Real Estate, takes a closer look at the interplay between food and real estate through three lenses: the impact on people, the environment, and real estate values.
You’ve probably heard that … (0 comments)

real estate: How To Recognize a Buyer's Market - 01/20/17 07:47 AM
A buyers market is when the number of homes for sale in an area is greater than the number of buyers. This gives buyers the upper hand and the ability to control the purchase process.
Most sources use months of inventory as a primary measure to determine if it’s a buyer’s or seller’s market. This is the number of months it would take to sell all existing inventory without adding new listings. Balanced markets usually have a 4-6 month supply of homes – less than that means a seller’s market and more than that means a buyer’s market.
There are a variety of … (3 comments)

real estate: Top 10 Most Expensive Listings In Brookline - 01/13/17 01:18 PM
10.
127 Fairway Road
Brookline, MA
$3,999,900 - Prominently set on a professionally landscaped corner lot in a premier Chestnut Hill neighborhood, within the Heath School district, this spectacular 2016 residence offers beautifully appointed exterior and interior finishes, craftsmanship detailing, and a floor plan designed for today’s lifestyle with both formal and informal areas. There are ten rooms, six bedrooms, and five full and two half bathrooms. The state-of-the-art kitchen opens to a spacious family room with a fireplace. The many windows illuminate the interior and capture the views of the grounds. Outstanding amenities include five zones of heat and air-conditioning, two laundry rooms, two … (0 comments)

real estate: October 2016 Real Estate Market Report - 11/26/16 08:21 AM
In October, existing home sales rose two percent. The sales pace is 5.9 percent higher than in October 2015 – the highest numbers since February 2007.
The median home prices rose 6% in October to an average of $232,200. This marks the 56th consecutive month of year over year growth.
Total housing inventory decreased half a percentage point to 2.02 million homes for sale. This is 4.3% lower than last year and the 17th consecutive month of year over year decline. Unsold inventory is down 0.1% since September.
NAR Chief Economists attributes the impressive sales in October to an “autumn revival” that has been … (1 comments)

real estate: New Home Sales Soar Higher - 05/25/16 01:39 AM

New home sales data released this week showed that sales were 16.6 percent higher than March when comparing the seasonally adjusted annualized rates, and 23.8 percent higher than last year.
This news comes from estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
The median sales price of new houses sold in April 2016 was $321,100; the average sales price was $379,800. The seasonally adjusted estimate of new houses for sale at the end of April was 243,000. This represents a supply of 4.7 months at the current sales rate.
Based on this information, it is clear … (0 comments)

real estate: Brookline Market Update: May 2016 - 05/18/16 03:50 AM
The Greater Boston Association of Realtors has released the local market updates for March 2016 and the real estate market in Brookline is looking healthy!
The supply of homes for sale in March was way up over February, indicating that more sellers are deciding to list their homes. And, while prices were also up over last year, the increases are seemingly harmless to sales.
The median price of a single-family home sold in March hit a high of $2,750,000 a 99 percent increase over the same time last year. That figure was significantly higher than February, suggesting that prices may be peaking.
With the … (0 comments)

real estate: Waterfront Villa In Key Biscayne, Florida - 05/03/16 11:50 PM

Listing ID# 817
Address: 28 Harbor Point Dr, Key Biscayne, FL
Price: $19,450,000
Beds: 6
Baths: 8
Living Area: 11,556 Sq. Ft.
For more information on the property
please visit our website castlesmag.com
or call 800-967-3561
or email info@castlesmag.com
 
 
(2 comments)

real estate: Villa Faaopore in French Polynesia - 05/03/16 03:54 AM

Listing ID# 6652
Location: Faaopore Bay, French Polynesia
Price: $6,000,000
Living Area: 7,000 Sq. Ft.
Features: 6 Guest Houses, Infinite-Edge Pool, Sun Deck, View of the Pacific Ocean
For more information on the property
please visit our website castlesmag.com
or call 800-967-3561
or email info@castlesmag.com
(0 comments)

real estate: Villa in extraordinary outdoor amenities in Cabo San Lucas, Mexico - 05/03/16 01:48 AM

Listing ID# 6690
Address: Buena Vista Drive, Cabo del Sol
Cabo San Lucas, Mexico
Price: $3,750,000
Beds: 5
Baths: 5
Living Area: 5,200 Sq. Ft. Living Area
For more information on the property
please visit our website castlesmag.com
or call 800-967-3561
or email info@castlesmag.com
(0 comments)

real estate: 3.3. Acre mansion in Texas is one of the most compelling properties in Texas - 05/03/16 12:43 AM

Listing ID# 6673
Address: 3620 Ranchero Rd, Plano, TX
Price: $7,995,000
Lot Size: 3.32 Acres
Beds: 6
Baths: 7
For more information on the property
please visit our website castlesmag.com
or call 800-967-3561
or email info@castlesmag.com
(0 comments)

real estate: Oceanfront Villa in Vero Beach, Florida for $35 Million - 05/01/16 03:52 AM

 
Listing ID# 6669
Address: 3700 Ocean Dr, Vero Beach, FL
Price: $35,000,000
Beds: 8
Baths: 8
Living Area: 18,000 Sq. Ft.
For more information on the property
please visit our website castlesmag.com
or call 800-967-3561
or email info@castlesmag.com
(2 comments)

real estate: Sales Seesaw: Vacation Homes Decrease, Investment Purchases Leap - 04/13/16 01:35 AM
According to the National Association of REALTORS, in 2015, investment purchases saw an increase for the first time in five years. Meanwhile, vacation home sales cooled off but still remained at the second highest amount in nearly a decade. 
Reflecting the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged in 2015.
NAR’s coverage of existing and new home transaction in 2015, found that vacation home sales last year declined 18.5 percent from their most recent peak level of 1.13 million in 2015.
Investment-home sales in 2015 jumped 7.0 percent to an estimated 1.09 million … (1 comments)

real estate: Pending Home Sales Reach Highest Level in Seven Months - 04/11/16 02:34 AM
Pending home sales rose to their highest level this February, and remain higher than a year ago according to the National Association of REALTORS®. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity.
Although the Pending Home Sales index, a forward-looing indication based on contract signings, has now increased year-over-year for 18 consecutive months, last month’s gain was the smallest.
This data is encouraging in that a decent number of buyers signed contracts last month, probably lured by mortgage rates dipping to their lowest levels in nearly a year.
As of now, … (0 comments)

real estate: The Evolution of the Dream House: The 1960s vs 2016 - 03/18/16 04:51 AM

The typical American home has evolved significantly over the last 50 years. While buyers both now and then prefer the single-family in the ‘burbs, buyers in 2016 are bringing a new list of qualifications to the table – namely they want adaptable, open and efficient spaces.
When it comes to future design preferences, buyers will prioritize efficient design and energy efficiency.
According to Robert Dietz, the chief economist at the National Association of Home Builders, location will play a larger part in where buyers choose to build and single-family home sales will soon over take multi family. “We may see a rise in … (0 comments)

real estate: What The Increased Interest Rates Mean for Millennials - 01/04/16 04:21 AM
The Federal Reserve has finally raised its interest rate. The impact on savings accounts won’t be huge, at least for now. However, with the December increase, the fed funds rate – which has circled zero for the last six years – went up a quarter percent. Though this is a baby step, bigger changes could come in 2016 if the Fed continues to raise rates. So here’s what millennial savers and borrowers should do about it. 
Cash depositsMost savings account pay a fraction of a percent in interest which is probably not going to change anytime soon. To get a bigger savings yield, … (1 comments)

real estate: Why 2016 Is The Perfect Year To Buy A Home - 01/02/16 04:17 AM
Why 2016 Is The Year To Buy A Home
Mortgage rates have been skimming rock bottom for a while now but they have finally started to rise again. Some homebuyers feel they’ve missed the window of opportunity. However, this is not the case.
Here are a few reasons this year is a perfect time to buy.
Home prices will finally calm down Real estate values have been on the rise for a while but they’re predicted to slow their growth in the next year.  Prices are expected to rise 3.5% according to Zillow’s Chief Economist.
Buyers who’ve been stuck behind … (0 comments)

real estate: Boston Luxury Real Estate: The Kensington - 12/05/15 02:42 AM
The Kensington
"Smart Apartment Living"
Video Tour
(1 comments)

 
James Lowenstern, Castles Unlimited. Newton MA Real Estate (Castles Unlimited®) Rainmaker large

James Lowenstern

Castles Unlimited. Newton MA Real Estate

Newton, MA

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Castles Unlimited®

Address: 837 Beacon Street, Newton Centre, MA, 02459

Office: 617-964-3300

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