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The Big Boston Show

including Wellesley, Nantucket and the Vineyard

 

Lisa Rainis Manages Boston, the Suburbs and the Islands

 

Craig Brody sells Boston, the Suburbs Nantucket & the Cape

 

Carl Lindvall of The Holly Parker Team, Nantucket

 

Jesse Greenstein in Boston & the Vineyard

Ordinarily in September New Yorkers rivalry with Boston is heating up. Not this year. With the Red Sox 16 games back on the Yankees and neither the Patriots, Jets or Giants contending it might be time to focus on real estate and snag that second home on Nantucket you’ve been thinking about. Boston seems to be on pace to set new records this year despite fears of a national recession. Why? The biggest reason seems to be lack of real estate inventory in a market with strong job growth and continued strong job prospects. Boston may have experienced many of the same problems as New York City during the pandemic with the loss of live entertainment, restaurant and tourism dollars but like New York is surging past pre-pandemic levels and attracting major new industries such as technology. I think one advantage Boston has always had is the number of universities in the area and the concentration of advanced degrees.

What are the Boston real estate market predictions for 2022 and 2023? With steady job growth, huge gains in home equity, and a large population of millennials now in their peak homebuying years, it is predicted that the demand will stay strong, but sales are likely to be down from historic highs while price appreciation should fall to more modest levels.

Since the last decade (May 2012), the typical home value in Boston-Cambridge-Newton Metro has appreciated by nearly 91.4% (Zillow Home Value Index). Boston has several key advantages: low percentage price growth in 2021 relative to other metros, average loan-to-value rate of only 79 percent, low share of flipped homes and loss of population last year. The Boston housing market is very competitive. Homes in Boston receive 3 offers on average and sell in around 21 days. The average sale price of a home in Boston was $760K last month, up 7.0% since last year. The average sale price per square foot in Boston is $612, down 5.6% since last year.

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What does $5 million buy in and near Boston? We’ll ask. Craig Brody’s is under contract.
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34 Paine Avenue, a Sarkis Team listing in Beverly, Mass. could be yours for $20.5 million
4pm Thursday. Use the Meeting ID: http://zoom.us/j/92135931351
Or, binge watch all 55 shows on Youtube. Subscribe now: http://bit.ly/399yevL
Question 1: Who is moving to Boston and why?
Question 2: Are second homes in Nantucket, the Cape and the Vineyard still the biggest driver for these record prices? or are we seeing new records set in Boston as well?
Question 3: Who is moving out of Boston and where are they going?  Are Florida tax laws having the same impact on Boston as its had on the UHNW finance industry in New York?
Question 4: What are some of the exciting emerging markets or neighborhoods, and why?
Question 5: Why is the new Knight Frank partnership important? Are we getting foreign buyers? Are US buyers taking advantage of a strong dollar overseas?
Johnny Hatem’s $23 million listing in Leverett, Massachusetts gets the award for most fun (and best smelling) because it was built by the founder of the Yankee Candle Company.
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Thursday at 4pm, Use the Meeting ID: http://zoom.us/j/92135931351
Or, binge watch the whole season on Youtube.
Subscribe now: http://bit.ly/399yevL

John Engel – John Engel can be found at http://www.JohnEngel.com. He is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the Realtor of the Year Award in New Canaan where he is has been Chairman of the Town Council and is currently a member of the Planning & Zoning Commission. John also brings an insight into internet-based marketing that is unsurpassed. Before going into real estate he was the founder of two successful internet businesses, Paper.com and e-Media for which he won the prestigious Entrepreneur of the Year Award. John spent his earliest years in Stuyvesant Town in lower Manhattan and went to New Canaan High School before attending Davidson College in North Carolina. After graduating, he served as an officer in the U.S. Army and spent some time leading a military intelligence platoon on the front lines of the first Gulf War. He currently lives in New Canaan with his wife Melissa and four children. In addition to hosting this podcast on the market each week, John Engel produces an easy-to-understand and in-depth monthly market analysis called the Market Report for the 16 towns of lower Fairfield County.

Roberto Cabrera – Roberto can be found at http://www.RobertoCabrera.com. With 20 years of experience, I have been recognized throughout the industry for achieving outstanding results: Ranked nationally by REAL Trends as one of “America’s Best Real Estate Agents” for avg. sales price of $4.350M. Sold a single family Townhouse faster than any other on the Upper West Side over $10M. I live with my wife and daughter on the Upper West Side, the neighborhood I have called home for the past 23 years. I was originally born in Richmond, Virginia and grew up in Maryland, just one mile south of the Mason Dixon line. After graduating with a degree in Mathematical Economics from Hampden-Sydney College, the 10th oldest school in the country, I spent 5 years in Washington, DC working as a financial consultant. I also studied at The National Conservatory of Dramatic Arts and I’m a former actor who once moonlighted as a stand-up comedian. Many years ago, I authored APPLE PIE – The Real Ingredients for Buying and Selling Your Slice.

Boroughs & Burbs Past Episodes

B&B 1: Heym, Kliegerman, Stevenson, Karp, Hobbs

B&B 28: “The Definitive Fairfield County Tour” (John Dicenzo and Robyn Kammerer)
B&B 29 “How’s The Real Estate Market Right Now?”  Lisa Lippman and Rob Johnson
B&B 30 “Am I A Brand?” Brand Building in Real Estate. Matt Leone & Chris Halstead
B&B 31 “The Townhouse Show” New York Real Estate: Terry Niaini & David Kornmeier 
B&B 32 “The Pricing Show” Jonathan Miller of Miller Samuels and Dr. Rob Docters 
B&B 33 “The Current Market” Talking About Real Estate with Scott Hobbs 
B&B 34 Darien, New Canaan & Westport: Discussion on What Makes these Towns Special David Genovese, David Waldman, Tucker Murphy, Laura Budd
B&B 35 “The Ranch Show” Montana Ranches Are Selling For Record Prices
B&B 36 NYC Real Estate “What We Can Expect in 2022”  (Greg Heym & Kevin Kovesci)
B&B 37 About Real Estate w/ Tony Fox, Scott Hobbs & Michael Goldenberg
B&B 38 Super-Lux Condos at $2500 Per Foot Selling in New Canaan and Westport.
B&B 39 What’s the Price of New in New York? Kliegerman & Tomana, New Development
B&B 40: Bob Stefanowski: Critical Issues for Connecticut’s Real Estate Economy
B&B 41: Ari Harkov on the NYC & Brooklyn Markets and Running a Top Real Estate Team
B&B 42: Affordable Housing – Who Needs It? w/ Tony Hwang, Ryan Fazio, Scott Hobbs & Francis Pickering
B&B 43: Benjamin Moore’s Color Expert & Top Designers Talk Color Trends in Real Estate
B&B 44: Noah Rosenblatt of Urban Digs on the New York Market
B&B 45: Governor Ned Lamont. Conversation on Real Estate & the Connecticut Economy
B&B 46 “Tax The Rich, They Won’t Move” A Conversation on Migration and Demographics
B&B 47: “Mexico is Hot” What You Need to Know about this Rising Real Estate Market
B&B 48: Zoom On Q1 Market Report for Real Estate in New York & Connecticut – So Hot
B&B 49: Mike Lubin & Matt Cohen, Top Realtors in New York, on The Post-Covid Market
B&B 50: “Can Housing Keep Rising” A Conversation with Jonathan Miller on Rising Rates
B&B 51: “Designing on a Dime” Sergio Mercado & Jennifer Cohler Mason on Design
B&B 52: The Martha’s Vineyard Show with Britt Bast and Cheri Mason of MVLandVest
B&B 53: The Vero Beach Show with Sally Daley and Bob McNally
B&B 54:  “Bracing for An Economic Hurricane” with Stephen Lascher & David Perry
B&B 55: Thinking of Downsizing? The Show on Small Houses with Sheri Koones
B&B 56: How Will Skyrocketing Oil Prices Affect Real Estate. Eric Meyer and Ira Joseph
B&B 57: California Dreamin’ and the Market out West. Ivan Estrada & Stephen Kotler
B&B 58: The Big Boston Show (Lisa Ranis, Craig Brody, Carl Lindvall & Jesse Greenstein)
​​​​​​​4pm Thursday. Use the Meeting ID: http://zoom.us/j/92135931351
Or, binge watch all 57 shows on Youtube. Subscribe now: http://bit.ly/399yevL