Dorchester, MA Real Estate News

By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
In July of 2010 there were 58 properties that closed within the month for Dorchester Massachusetts. This is a decrease of 27%, as there were 79 homes that closed in July of 2009. The Average list price for the homes that closed in Dorchester for July of 2009 was $250,878 The Average list price for the homes that closed in Dorchester for July of 2010 was $238,516 The Average sale price for the homes that closed in Dorchester for July of 2009 was $235,344 The Average sale price for the homes that closed in Dorchester for July of 2010 was $234,400 The Average Market time for the homes that closed in Dorchester in July of 2009 was 111 days. The Average Market time for the homes that closed in Dorchester July of 2010 was 73 days.   60 homes went under agreement in Dorchester Massachusetts in...
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By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
In the Improper Bostonian July 7- July 27, 2010 Edition, Dorcester local businesses and people received several mentions. The Boston's Best Edition included Pho 2000 Vietnamese Restuarant located at 198 Adams St., Dorchester MA Ashmont Grill located in Peabody Square on 555 Talbot Ave, Right across the street The Carruth Ledge Kitchen & Drinks located in the lower mills Section of Dorchester on 2261 Dorchester Ave. The Banshee - Bar & Club  located at 934 Dorchester Ave. Dorchester Dorchester Native Dennis Lehane received Honarble Mention for the the Bset Movie Filmed in Boston. Mr. Lehane worote the 2003 Novel "Shutter Island" Which came to the big screen in 2009 staring Leonardo DiCaprio.  
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By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
In today's Dorchester real estate market short sales have become a common day practice. A short sale is the practice of selling a property for less than what is owed on the mortgage. The process is usually initiated when a seller decides to sell for one reason or another. Once the decision has been made to sell the property, the next step is finding an experienced shortsale Realtor to sell the property. The reason for hiring a Realtor is that the bank wants to be certain they get the highest and best offer on the property. The best part is that the bank will pay the total commission as part of the short sale. Once a Realtor is chosen and an offer is presented, your Realtor will present a short sale package to your lender(s). The lender will either accept or counter the short sale offer....
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By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
As the Real Estate Market continues to heat up, Dorchester is beginning to see the emergence of new construction condos and quality housing opportunities. Two of the more recent developments areHarrison View and The Lofts at Lower Mills.  While Dorchester may have a reputation for being “a rough part of town” many don’t realize that it is the largest section of the City of Boston. As a result of being the largest section, it has pockets of great family friendly neighborhoods.  For instance, the Boston Globe named the Neponset Neighborhood in Dorchester as The best place to raise kids in 2011.  Luxury Condos With City Views: Harrison View Condos These New Construction Townhouses are located in the Clam Point neighborhood of Dorchester and feature a private roof deck with city views, hard...
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By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
During the month of June 2010, Dorchester Homes experienced a healthy increase in sale volume, average sales price and the total value of homes sold, when compared to the sales data in June of 2009. There were a total of 76 Dorchester Homes sold in 2010 and 64 homes sold in 2009. This represents a 19% increase in total volume over 2009. The average sale price was $302,417.00 in 2010 and $255,504.00 in 2009. This represents an18% increase in the average Dorchester home sales price. The total value of all homes sold in Dorchester during June of 2010 was $22,983,691.00 and $16,352,260.00 in 2009. This represents an increase of 41%. That is almost even with the total value in 2008. After seeing the numbers it is clear that Dorchester real estate market is trending upward. The increase can b...
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By Robert Nichols, MungoList.com
(MungoList.com)
If you are facing foreclosure and don't know your options, there is help! Due to the current economic conditions, many home owners are struggling to make their mortgage payments. If you or someone you know is facing foreclosure there are proven strategies that can stop foreclosure in its tracks. Many home owners feel helpless but the truth is you have options. There are established methods that will stop foreclosure in two days or less. To learn how to stop foreclosure now visit www.Foreclosure-Freedom.org. You will receive a free copy of " The 5 Fastest Ways To Stop Foreclosure in 48 Hours or Less". Foreclosure can be prevented so take control of your destiny today!
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By Lynda Longmire
(Virtual Homes Real Estate)
Dorchester MA Foreclosures, Short Sales and Bank Owned Real Estate for Sale Purchasing a home at a Dorchester MA foreclosures auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. To search the MA MLS listings visit Dorchester MA MLS listings. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real e...
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By David Cahill
(Century 21 Cahill Associates)
Recently, there has been new town and city search criteria for MLS in Bostonareas added to the search feature.  While searching for a home in MLSPIN (the local major MLS network) used to very easy, you now must pay close attention to how you are selecting your areas and towns to make sure you don't miss out on anything!  My office is in Dorchester, so that's where I get a lot of calls from buyers.  It used to be very easy to click "Dorchester" and have all of the listings come up from that area show up and I'd be fairly certain that I wasn't missing anything.  There were of course some listings that just showed up under "Boston" and they did not specify an area since it is not mandatory when you are inputting a new listing.  This is a way that listing agents would (sometimes inadvertent...
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123 East Cottage Street Dorchester, MA 02125   High-End Condo in Superb Location (Only 1 Left!) Home | Photos | Photo Tour | Brochure |  More Info | Contact   Call Now on:781.910.6506 Request More Info Request Showing Send To A Friend Loan Calculator Map View Aerial View Local Schools Print Brochure Census Data Dream Home Help Home Valuation Contact Be sure to check out the large, high-resolution virtual tour where you can pick your own colors! http://www.Obeo.com/534549 Property Highlights Stainless Steel AppliancesPrivate Off-Street ParkingMulti-Level HomeConvenient LocationBeautiful Unique GraniteComfortable, Open LayoutEnclosed Rear Yard Property Description Only two left! Situated only a block away from Edward Everett Square, minutes from 93 and the South End, this superb home has...
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By James Harrison, Selling Made Easy
(Boston Bayside Properties)
Pumpkin Float: Bring a 6”-8” home-carved pumpkin to Pope John Paul II Park in Dorchester. Each jack-o-lantern will have a candle inserted, be mounted on a float, and lit before being launched in the water. Floats and candles are provided. Free. Oct 24, 5:30pm. Register with BNAN, 617-542-7696, info@bostonnatural.org.Halloween Town at the Seaport Hotel: Boston’s biggest and best Halloween Party for all ages. Don’t miss the chance to support local children and Boston Medical Center. Oct 24 & 25, 10am-6pm. Ticket prices vary. 617-638-0150, www.halloweentownboston.com   Infomation from: http://www.bostonyouthzone.com/
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By Michael Mahoney, Boston Realtor with Century 21
(Century 21)
Fully Furnished Rental Apartment in Savin Hill Dorchester Massachusetts Does anyone of my real estate friends know what a fully furnished 2 bedroom condo w/ Granite and Stainless in Savin Hill could be rented for on a monthly basis? My client has a 2 bedroom Condo on Savin Hill Ave. What would the market rent be? Mike Mahoney www.MMahoney.com
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By Michael Mahoney, Boston Realtor with Century 21
(Century 21)
Courtesy of Michael C. Mahoney | |Realtor from Milton, Mass | The NorthCompass Group | Guiding You Home According to the MLS, there will be 48 open houses in Dorchester this weekend. I have provided a list below. Please call or e-mail for details. LIST_NO STREET_NO STREET_NAME LIST_PRICE LIST_OFFICE_NAME 70706864 54 Percival Street $189,900.00 OmegaListings.com, Inc. 70725145 18 Rugdale Road $389,000.00 William Raveis R.E. & Home Services 70734574 1675 Dorchester Avenue $405,999.00 McElligott Real Estate 70739831 171 Walnut St $389,500.00 Century 21 Commonwealth 70740737 96 Neponset Ave. $338,900.00 Olde Towne Real Estate Co. Inc 70759176 32 Percival Street $565,000.00 Conway - Dorchester 70761223 41 Temple St $299,000.00 The Galvin Group, LLC 70762729 48 Hillsdale Street $339,900.00 Du...
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By Michael Mahoney, Boston Realtor with Century 21
(Century 21)
The Dorchester Single Family Home Market By Michael Mahoney of the NorthCompass Group www.NorthCompass.com It is my goal is to help you understand the market for single family homes in Dorchester, MA. To help you in this regard, you will find a detailed market analysis attached. January February March April May June July Number of Sales 7 4 12 16 13 19 12 Average List Price $323,857 $315,950 $287,927 $332,494 $341,654 $337,269 $284,708 Average Sales Price $309,162 $289,375 $282,889 $310,419 $324,505 $324,968 $267,250 Average DOM 68 92 93 123 160 162 154 LP:SP Ratio 95.46% 91.59% 98.25% 93.36% 94.98% 96.35% 93.87% Total Sales 2008 83 Average DOM 121.7143 Average SP:LP 94.84% To see all Dorchester Single Family Homes Click Here In 2005, I worked with the #3 residential developers in Bosto...
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By James Harrison, Selling Made Easy
(Boston Bayside Properties)
Boston Herald, Friday, May 4, 2007(Staff photo by Ted Fitzgerald)Real estate agent Jessie Cuddy doesn’t just sells Dorchester Lower Mills homes, she recently bought one herself.  Excerpt from article: Jessie Cuddy, a Dorchester native and Re/Max Landmark/Bayside agent, recently bought a 1950s two-bedroom house.     “For city living, this is as good as it gets,” said Cuddy, who calls the her Lower Mills street “the poor man’s Melville Park” - a reference a Dorchester neighborhood where stately Victorians abound.      “Lower Mills is a great area that’s been coming back for a number of years,” said Cuddy, who moved to the neighborhood from Quincy. “There’s lots of texture, color, diversity and spirit.”
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By James Harrison, Selling Made Easy
(Boston Bayside Properties)
Great local real estate story on the revival of Dorchester's Peabody Square by By Linda Laban, Globe Correspondent. Visit the Boston Globe.   You can also find a nice story called Big hopes for Ashmont -  Carruth project seen as a catalyst, By Robert Preer
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By James Harrison, Selling Made Easy
(Boston Bayside Properties)
Boston, MA-June 4th 2007 Synergy –a Boston-based real estate investment and development company today announced their purchase of 25-55 Morrissey Boulevard in Dorchester, MA, from Pappas Enterprises, Inc. CB Richard Ellis New England represented Pappas Enterprises, Inc and procured the buyer, Synergy. The sales price was $34 million.Ms. Dympna Minnock, a vice-president of Synergy said that “ the strong in-place income combined with the immediate and long term development potential made this transaction very attractive.” She added .”Synergy looks forward to working with the various constituents to ensure that a well thought out development plan is implemented.”25-55 Morrissey Boulevard consists of 9.03 acres with four contiguous parcels, strategically located two miles from downtown Bost...
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By James Harrison, Selling Made Easy
(Boston Bayside Properties)
Dorchester is the home of my high school. Please take the time to visit the school's website. From Boston College High School Website"Welcome to Boston College High School. As a way to introduce the school I want you to imagine the future and assume that you have graduated from BC High. Now imagine that you are involved in the profession of your choice and you are introducing yourself to others, sharing your background and education. I can predict that many times when you state that you went to BC High and received a Jesuit education, you will encounter recognition, respect and affection.Recognition, because our graduates are leaders: in the business world, in the press and media, in the arts, in the military, in the religious life, in the sciences, in technology, and especially in the ...
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By James Harrison, Selling Made Easy
(Boston Bayside Properties)
    Dorchester Ma, is Boston’s largest neighborhood and also its oldest, founded a few months before the city itself. The neighborhood’s historical diversity is exhibited in its architecture, from the old Victorian homes of wealthy Bostonians to the multi-family dwellings of later groups of immigrants. Today, Dorchester retains its diversity. Its main thoroughfare, Dorchester Avenue, connects many close-knit neighborhoods and thriving commercial districts of all kinds. Dorchester is also home to Boston College High School, the University of Massachusetts at Boston, John F. Kennedy Library.
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Dorchester, MA Real Estate Professionals