Shared spaces (condos with swimming pools, gyms etc), work spaces are no longer in high demand.
Mortgage rates fell to record lows, fueling moves, refinancing, equity projects, etc. (at least for now).
People are buying larger homes to accommodate remote work and school, and many families are taking relatives in or re-introducing college students back into the home. Some are moving back in with their parents to save money, take advantage of built-in child care, or to care for their senior family members.
Hygiene is high on buyers’ radars. Homes with half bath additions for hand washing and more toilets are in huge demand, as everyone is home all day.
The kitchen is king! People want a large pantry space for all the kitchen gadgets, toilet paper, flour, yeast, and Clorox purchased this year. We’ve also noticed more touchless faucets. Even Liz has one!
People are seriously living in their living room. They want strong, fast internet for video calls and schooling. They’re looking for huge TVs for entertainment purposes: games, movies, and streaming services have replaced pub trivia night, theaters, and binge-watching parties.
Whether it’s a balcony or a backyard, homeowners are taking advantage of their outside areas. They’re adding patios, planting gardens, buying fire pits, and socializing outdoors. A yard isn’t just a pretty place anymore; it allows us to visit safely with friends and family. And it’s taught us that we’re tougher than we think! How many of you got together with others outside on a chilly February night, just so you could stop having conversations with random household objects? Yep, us too.
Greater Boston's market might feel like a rollercoaster, but we think that the numbers tell a different story. We didn’t have a particularly active residential real estate market last year, at least by local standards. Nonetheless, homes across most communities continued to hold their value — and even appreciate, in many cases.
As of November 2022, it’s illegal to dispose of any textiles in the trash here in Massachusetts. You may have read the headlines or heard a neighbor complain about it (or perhaps you were the one complaining?). But what the heck are you supposed to do with your old socks and stained undershirts? They sure look like trash—why can’t you send them to the dump? The answer is logical, and we’re prepared to get you excited about giving your textiles new purpose after you’re done with them.
It’s the end of the year again, which means it’s time to look back and reflect on 2022. This year, we’ll focus on how we were able to turn lemons into lemonade! Here are some of the most challenging—or as we like to say, interesting—experiences we’ve had this year.Â
With their complementary communication styles, responsiveness, competence, and ability to truly listen, Ellie and Liz enable their clients to feel at ease throughout any real estate transaction. They would welcome the opportunity to be your next real estate advisors.
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Cambridge, MA 02138
