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Welcome

Welcome to your constantly updated resource for news and views on the Brookline Real Estate market. Here you will find commentary and statistics to explain the daily changes in the Brookline specific housing market.

Whether you're looking for an estate in Cottage Farm, a condo in Brookline Village or are just stopping by please feel free to read along and comment at will. If you are interested in speaking about renting an apartment, buyer representation or listing your home please feel free to contact me.

Thursday, November 19, 2009

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Housing Newsletter from William Raveis Real Estate, Mortgage & Insurance


Greg Kiely
Operations Manager
Brookline & Newton Office
191 Grove Street
Brookline, MA 02467

95 Union Street
Newton Centre, MA 02459

Office Phone:
617-762-3512
Office Fax:
617-762-3512
Email:
greg@gregkiely.com

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Hi Brookline,

Below are the links to the William Raveis monthly housing newsletter for Brookline.

Brookline (Single-family residential)
Brookline (Condominium)
Brookline (Coop)


Please feel free to contact me if we can be of any assistance.



All information provided is deemed reliable but is not guaranteed and should be independently verified.

Monday, October 19, 2009

0

Housing Newsletter from William Raveis Real Estate, Mortgage & Insurance


Greg Kiely
Operations Manager
Brookline Office
191 Grove Street
Brookline, MA 02467

Office Phone:
617-731-7737
Office Fax:
617-731-7723
Email:
kielyg@raveisre.com

Mortgage Calculator

View My Site

My Bio Page

Find a Home

Mortgage Company

Insurance Company

Hi Brookline,

Below is/are the links to the William Raveis monthly housing newsletter.

Brookline (Single-family residential)
Brookline (Condominium)
Brookline (Coop)


All information provided is deemed reliable but is not guaranteed and should be independently verified.



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Friday, October 16, 2009

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Great afternoon for raffle ticket sales at Roche Bros in West Rox

Patty and Helen spent the afternoon selling our $5 Breast Cancer Research Fund raffle tickets at Roche Brothers in West Roxbury. For those who don't know, the raffle raises funding for a Navigator Program at the UConn Health Center and Beth Israel/Brigham & Womens Hospitals here in Boston.

Become a Fan of our Facebook Page to see photos and get more information.

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Tuesday, October 13, 2009

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Raffle ticket sales are ongoing. Click for details.




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0

William Raveis speaks about recent awards





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Saturday, September 19, 2009

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August Sales Numbers & Housing Newsletter


Greg Kiely
Operations Manager
Brookline Office
191 Grove Street
Brookline, MA 02467

Office Phone:
617-731-7737
Office Fax:
617-731-7723
Email:
greg@thebrooklineconnection.com

Mortgage Calculator

View My Site

My Bio Page

Find a Home

Mortgage Company

Insurance Company

Hi Brookline,

Below are the links to the William Raveis monthly housing newsletter for our town.

Brookline (Single-family residential)
Brookline (Condominium)
Brookline (Coop)



All information provided is deemed reliable but is not guaranteed and should be independently verified.

Tuesday, August 18, 2009

0

Housing Newsletter from William Raveis Real Estate, Mortgage & Insurance


Greg Kiely
Operations Manager
Brookline Office
191 Grove Street
Brookline, MA 02467

Office Phone:
617-731-7737
Office Fax:
617-731-7723
Email:
greg@thebrooklineconnection.com

View My Listings

Mortgage Calculator

View My Site

My Bio Page

Find a Home

Mortgage Company

Insurance Company


Below are the links to the William Raveis
monthly housing newsletter for our town.

Brookline (Single-family residential)
Brookline (Condominium)
Brookline (Coop)


Please feel free to contact me with any questions.



All information provided is deemed reliable but is not guaranteed and should be independently verified.

Thursday, July 30, 2009

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"William Raveis Wins the Gold"








Thursday, June 25, 2009

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Current Local Housing Graphs

Reports require an HTML email reader. If you cannot see the images, please click on the following link or paste it into your browser. http://www.realtymarketupdate.com/EmailArchive/MarketDataEmailHTML_46286_20090625HZ48372402W9107502SL.htm

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Yes things are down, and they are up. HUH?!?!

Today's Brookline TAB Blog piece about May home sales highlights a continuing trend in Brookline. Single family homes are not selling(only 5 in May). Condos are selling well(78 now, 74 last year). Pricing is down in condos slightly, but some of that is tied to a difference in data between MLSPIN and the Warren Group (taken from the Registry of Deeds). I've consistently kept my analysis tied to the information available on MLS as it allows a slightly broader selection of search options.

So, in response to Neal, what the heck is going on out there?

From the beginning we've always identified supply and demand as the one and only constant in a real estate market. Brookline has always had demand. Whether it's tied to the proximity to the Longwood Medical and Academic Areas, the Biotech Corridor in Cambridge, or plain and simple, downtown Boston, Brookline has always had the benefit of strong desirability.

Which of those things has changed in the last year? Call me when one of them does, because that will be HUGE news.

The one thing about demand is we can't really control it. It ebbs and flows, is tied to financial hardships, and can swing as quickly as the publication of MCAS scores.

What about supply?

That's a simple measure. We have none right now when it comes to single family homes. In the last month we saw 25 properties on the market, 10 of them went under contract, and only 3 sold.

When we compare that to last year, that's about 1/4 of the volume in all categories.

So, why? Single family homes in Brookline are expensive. Even when compared to our lofty reality, only a small segment of the overall population can ever think about buying them. Does it surprise anyone, in an era of 50% declines in the Stock Market that we're talking about millionaires not moving frequently?

Condos on the other hand have been feed by a sudden, and somewhat shocking, construction and conversion boom this spring. From St. Aidan's, the projects on Sewall, St. Paul and Green, North Brookline has seen an amazing influx of new supply.

Remember, the factors that drive demand have not changed dramatically since the boom days of 2003-2006. So, if anything limited our marketplace last year it was a lack of good stuff to buy. Now, we're seeing great new condos sell after less than a week on the market. We're seeing people who still yearn to live in our great community. As a result, pricing has stayed pretty steady.

So, what's on the horizon?

Remember those three single family home sales? We've already seen 16 more in the 25 days of June so far. So, I look forward to Neal being able to write " Home sales up 500% since last month.

Condos are a little more complex, and I'd rather wait for the numbers to come out at the end of the month. At the end of the day, our market is hanging in there. Your local real estate offices are amazingly busy. Our schools are still amazing, and if we could ever have a sunny day we might all be able to get away from our computers and out around town to enjoy the amazing, demand-driving benefits of Brookline.

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Greg Kiely is the Operations Manager for both the Newton and Brookline offices of
William Raveis Real Estate, Mortgage & Insurance. He works regularly with many of the area's most accomplished agents and deals personally with the marketing and sale of every transaction in each office.
Greg also serves on the Government Affairs Committee of the Massachusetts Association of Realtors.

Friday, April 17, 2009

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Newest Monthly Housing Newsletter


Greg Kiely
Operations Manager
Brookline Office
191 Grove Street
Brookline, MA 02467

Newton Centre Office
10 Langley Road
Newton, MA 02459

Direct Line:
617.762.3512
Cell Phone:
617.217.8875
Toll Free:
888.731.8875
Email:
greg@thebrooklineconnection.com

View My Listings

Mortgage Calculator

View My Site

My Bio Page

Find a Home

Mortgage Company

Insurance Company

Hi Brookline Buyers & Sellers,

Below are the links to the monthly housing newsletter for Brookline. Each link brings you to a printable snapshot of last month's real estate activity for our town and our town only. If you would like other towns, please post a comment below and I will gladly customize a newsletter for you.

Brookline (Single-family residential)
Brookline (Condominium)
Brookline (Coop)


Please feel free to contact me if we can be of any assistance.






All information provided is deemed reliable but is not guaranteed and should be independently verified.

Tuesday, March 10, 2009

0

Remember this?

Longwood Towers in Forclosure (April 17, 2008)

Today's update: Longwood Towers to Auction off Units



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Sunday, March 01, 2009

0

Monthly Housing Newsletter.


Greg Kiely
Operations Manager
Brookline Office
191 Grove Street
Chestnut Hill, MA 02467

Newton Office
10 Langley Road
Newton Centre, MA 02459

Direct Line:
617.762.3512
Cell Phone:
617.217.8875
Toll Free:
888.731.8875
Email:
kielyg@raveisre.com

View My Listings

Mortgage Calculator

View My Site

My Bio Page

Find a Home

Mortgage Company

Insurance Company

Hi Brookline Buyers & Sellers,

Below is/are the link(s) to the William Raveis monthly housing newsletter for the specific town(s) you have chosen.



Brookline (Single-family residential)
Brookline (Condominium)
Brookline (Coop)


Please feel free to contact me if we can be of any assistance.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Disclaimer

The views expressed on these pages are the opinion of the author and any public contributors. They do not substitute for the advice of a legal or financial professional. These opinions are not representative of any firm or business. Please always consult an attorney, financial professional or sign a contract with a Buyer Agent or Seller's Agent for specific advice.