Boston’s luxury real estate market is about to get even more exciting with the arrival of Raffles Residences. This new development promises to bring a touch of old-world charm and sophistication to the city’s skyline. The Raffles brand has been synonymous with luxury hospitality since its founding in Singapore in 1887. Its properties have hosted […]
Welcome to The Griffin Real Estate Market Update. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to MLSPIN, the marketplace for Back Bay residentialproperties, here’s what happened in Q1 2023 versus Q1 2022: The Number of SOLD listings decreased by 43% to 43 propertieswith […]
Welcome to The Griffin Real Estate Market Update. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to Cape Cod & Islands Association of Realtors, the marketplace for Cape Cod residential properties, here’s what happened in Q1 2023 versus Q1 2022: The Number of SOLD […]
Welcome to The Griffin Real Estate Market Update. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to MLSPIN, the marketplace for Boston residential properties, here’s what happened in Q1 2023 versus Q1 2022: The Number of SOLD listings decreased by 43% to 208 properties […]
Silicon Valley Bank and Signature Bank’s collapse, along with broader international financial volatility, have complicated the Federal Reserve’s decision to announce a 0.25% increase in the target federal funds rate. Recent developments are likely to result in tighter credit conditions, which could affect economic activity, hiring, and inflation. Despite this, the decision to raise interest […]
Many home sellers overthink reconditioning their property before selling. While upgrading major items over the lifetime of owning a home is never a bad idea, the most important first step is to spend time having the property professionally cleaned outside and inside. This action step has an enormous positive change when it comes to not […]
The recent collapse of several banks, including Silicon Valley Bank, has created shockwaves throughout the already-fragile economy. According to Lawrence Yun, the chief economist of the National Association of REALTORS®, this could impact the real estate industry. Specifically, Yun believes that the Federal Reserve will be less aggressive in raising its short-term interest rates due […]
Most agents do not have a formal education in marketing and are therefore unaware of the term avatar, which refers to the profile of the perfect customer. In real estate it’s easy to choose an avatar by geography and price range, however, it’s even more critical to understand the psychographics of “why” the avatar is […]
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