7
March
2012

Watermark Seaport tower to anchor new Seaport Square development

Filed under: Boston Real Estate Market, Boston Waterfront Condos, Boston Waterfront Luxury Buildings, Boston Waterfront Real Estate Market, CL Waterfront Properties NEWS, Waterfront Boston. • Tags: , . By

Rendition of proposed Seaport Square development and Watermark Seaport tower

Seaport Square - Image courtesy of Boston Global Investors

New tower to house hundreds of Boston luxury condos

Skanska USA Commercial Development and Twining Properties have proposed plans for a 300-unit residential apartment tower, with an additional 25,000 square feet of retail space, to be built in the Seaport Square community. The tower, expected to be called Watermark Seaport, will be located at the corner of Seaport Boulevard and Boston Wharf Road. Watermark Seaport is just one of the proposed projects within the 25-acre Seaport Square. According to Alex Twining, CEO of Twining Properties, “Watermark Seaport will link the exciting Fort Point community to Seaport Square and the Waterfront with apartments, shops, restaurants and open space”.

The new tower is just one part of the 25 acre Seaport Square community, a cornerstone of the transformation of this once quiet section of Boston’s Seaport into the Innovation District of today, thriving and bustling with activity. The area is expanding rapidly, with plans to create many new Boston Waterfront properties in the coming years.

To learn more about Watermark Seaport or any of the amazing Boston waterfront real estate on the market now, contact CL Waterfront properties today.

1
March
2012

Less Inventory Means Faster Sales – And A Stable Market

Filed under: Advice for Home Buyers, Advice for Home Sellers, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Boston Waterfront Condos, Boston Waterfront Real Estate Market, CL Waterfront Properties NEWS, Luxury Real Estate, Waterfront Boston. • Tags: , . By

View of the Boston waterfront at night

Boston's Flourishing Waterfront

Inventory of Boston luxury condos and single family homes is at an all-time low, according to MLSPIN. Low unsold inventory is a key indicator of a stable market, a welcome sign for the city. Our own Waterfront neighborhood proved to be among the strongest in Boston, with a 36% drop in available inventory since the same time last year. Overall, the city’s real estate inventory showed a 17% drop in the same time.

Listings are staying on the market for less time as a result – a 12% drop from last year citywide – and list prices are trending upward, with an aggregate 10% increase since last year. One of the key factors here is a lapse in new construction – during the low point of the recent recession, the proliferation of new residential construction came to a crawl in the heart of town. Now, with demand catching up to supply, new projects to fill the growing need for Boston Waterfront real estate are still a few years from becoming a reality for discriminating buyers.

Whether you are looking to buy or sell a Boston luxury condo, this strong market means that it is more important than ever before to work with an outstanding real estate team. To learn more about these market trends, get a professional evaluation of your property, or tour the finest available Boston luxury apartments, contact the real estate leaders at CL Waterfront Properties today.

24
February
2012

Early Spring Market

Filed under: Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Boston Waterfront Real Estate Market, CL Waterfront Properties NEWS, Luxury Real Estate, Uncategorized, Waterfront Boston. • Tags: , . By

Strong Activity in the Housing Market

2011 ended with encouraging reports on the real estate market and positive signs have continued into 2012. Here on Boston’s Waterfront, CL Waterfront Properties has seen strong activity since January 1, 2012. Since the New Year, 29 Waterfront homes are either under agreement or sold. 26 new listings along Boston’s gold coast have come on the market since the New Year, and 8 are already under agreement or sold. This activity, coupled with low interest rates, displays that buyers and sellers are confident and motivated when assessing the local real estate market.

The spring market is already upon us, now is not the time to wait if you are thinking of buying or selling. Contact CL Waterfront Properties today!