Home Prices on the Rise

Filed under: Advice for Home Sellers, Boston Luxury Real Estate Market, Boston Real Estate Market. • Tags: , . By

Waterfront Penthouse

According to a recent Wall Street Journal article home prices have rose an astounding 3.6% from this time one year ago making this the largest gain the housing market has seen within the past six years. Housing prices have seen substantial increases in nearly all of the metropolitan markets throughout the country including Boston. There are several reasons why we are now seeing this increase and one of the major ones is the increase in building that we will see over the coming year. Experts are saying that the country is prepared to add one million new homes to the market this year, which is nearly twice as many as years past. Over the past couple of years rental rates have been on the rise which has lead way too many investors entering the market to take advantage of strong returns on their investments. However, it appears that recently many have decided to stop paying extravagant rents and are deciding to buy their first homes. All of these factors as well as a large decline of distressed sales in the market place will make the 2013 housing market very strong. To learn more about the changing terrain of the local real estate market contact CL Waterfront Properties, LLC.


Boston Home Values on the Rise

Filed under: Advice for Home Sellers, Boston Real Estate Market, Boston Waterfront Luxury Buildings. • Tags: , . By

View from Harbor Towers

Boston home values continue to rise for the fourth consecutive month. From June to July, Case-Shiller, shows that home prices have increased by 1.8 percent which is more than the national average. Low inventory, strong consumer confidence and low interest rates have added to the strong upswing that we have seen in the market over the past four months. Sales prices have shown an increase of an astounding 24% during the first eight months of this year in comparison to the first eight months of 2011. Specifically condominium sales in the state have shown the largest increase in volume with a 40% rise from August last year to August of 2012. Experts studying the economic climate have stated that the housing market has stopped the downturn and are expecting a continued rise. The biggest challenge currently facing the real estate landscape is a continued lack of inventory. Now is an opportune time to list your home for sale. With demand and home values on the rise now is a great time to get the highest possible price for your home. Contact CL Waterfront Properties, LLC to learn how you can sell your home in this rejuvenated market.


Go Spring! Go Sox! Go Housing Market!

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

Go Sox!

The kickoff of the Red Sox season coincides with the arrival of the bustling spring housing market. With interest rates at record lows and motivated sellers in the marketplace, now is the opportune time to buy or sell property. For any questions or information regarding how you can “steal home” this season, contact us.

                                                                Scott Accorsini   and   Christopher Smith
                                                                 C: 508.259.1442           C: 781.635.0956



Filed under: Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Boston Waterfront Condos, Boston Waterfront Events, Boston Waterfront Luxury Buildings, Boston Waterfront Real Estate Market, Carmela Laurella, CL Waterfront Properties NEWS, Events, Luxury Real Estate, North End Boston, North End Events, Waterfront Boston. • Tags: , . By

Happy 2nd Anniversary, CL Waterfront Properties!



Boston, MA USA February 1, 2012 Carmela Laurella and her firm, CL Waterfront Properties LLC (CLWP) is celebrating its second anniversary. Since launching in 2010, this brokerage firm continues to grown significantly and maintains exciting momentum throughout one of the country’s most challenging housing markets. Carmela Laurella’s business strategy has changed the way real estate is practiced, not only on the Waterfront, but in Boston. Her extraordinary advertising and marketing techniques, along with her sales performance, have become legendary. CLWP has accomplished unprecedented goals.

CLWP is the #1 Listing and Selling office by $11 Million in Sales.
#1 in Direct Sales
  – over 42% of all CL Waterfront Listings Sold by the Listing Office

Over $100 Million in Sales
  – continually achieved record setting price per-square foot
  – accomplished in less then 2 years
  – innovative, trend-setting marketing campaigns/techniques

$1/2 Billion in Sales
Carmela Laurella consummated approximately $500 Million in sales in 10 years.

There are lots of ways to follow CLWP. Sign up to stay in touch!
Blog – https://www.clproperties.com/blog/
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About CL Waterfront Properties LLC

Carmela Laurella and her team of seasoned professionals specialize in extraordinary homes along the gold coast of Boston’s Waterfront, in addition to luxury properties in Boston.

Ms. Laurella is a leading realtor in Boston and is well known for her personal passion, enthusiasm, extensive advertising techniques and sales performance. Her team’s proven track record makes them an excellent choice for either a seller or a buyer who is looking for incomparable services and tremendous results.

The team’s diverse talents and expertise of the multi-family and condominium market also extend to the Back Bay, Beacon Hill, Charlestown Navy Yard & Cambridge. These professionals are familiar with and often sell at all the major full-service luxury buildings, e.g., The Ritz-Carlton, Mandarin Oriental, The Clarendon, The Heritage, The W, One Charles. The team’s trademark is the level of high quality service that they provide to their clients.


name: Eileen Yu
address: 113 Lewis Wharf, Boston, MA 02110
email: eileen.yu@clproperties.com
phone: 617.624.9700
website: www.clproperties.com


Hey, Real Estate, what’s up?

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

With interest rates at a record low, it is only a matter of time until they start creeping up. Yes, this is a good time to buy waterfront property. When interest rates are stable, potential buyers and sellers of luxury properties can afford to remain indecisive. With interest rates this low, buyers get motivated since waiting could mean a higher rate and a larger mortgage payment.

In the housing market, inventory and selection are good, home prices remain flat and a motivated seller is more likely to work with buyers on price. So whether you are a first time buyer, or a seller hoping to downsize, now might be a good time to make a decision.

Interest rates will not double this year, but they may inch up. As they inch up, those who have not felt a sense of urgency may decide now that it is the time to buy. This is the spark the Real Estate industry needs.

There will be fewer 0 to 5% down payment loans. The norm will be 10% down. The federal government is working to shrink its footprint in the housing market. The administration said earlier this year that it wants to move mortgages back to the private sector with plans to gradually reduce new loans made by Fannie Mae and Freddie Mac while strengthening the Federal Housing Administration (FHA).

Some regulations took effect last year.  Others, including the Dodd-Frank Wall Street Reform and Consumer Protection Act take effect later this year. Additional rules take effect in 2012, and others are still in development.  So the sooner you act, the more likely will avoid at least some of the new and coming requirements.

All the craziness will increase the cost of getting a mortgage, taking longer and more complicated as borrowers will have a longer time to review all disclosures in their mortgage loan, which also means they’ll need a longer lock-in period for the interest rates which will cost more money.

Most borrowers want to know two critical things: their total monthly payments and how much cash they will need to bring to the table at closing. But the new three-page settlement form that replaced the former one-page form does not break out this information.

As for refinancing, most people who could and should, did so by the end of 2010. Refinancing grounded to a halt in December when rates hit 5 1/4 % while it made up 70% of loan volumes in 2010 and would account for just 40% in 2011. If you do refinance, allow for more time just as you will need to do for a mortgage.

Sell timely and buy wisely.


Vito Ascolillo, Chairman, Broker