Boston Real Estate

Understanding the Boston Home Buying Process

If you're a first-time home buyer in the Boston real estate market or could use a refresher, this step-by-step guide will help simplify the process for you.  

1. Prepare Ahead

As you prepare to search for a Boston home, there are a few steps to keep in mind just before you find your dream home. 

  • Watch your finances. It pays to go into the process with a good credit history.
  • Research mortgage options and get pre-approval.
  • Hire an attorney. Buying a home involves a large volume of paperwork, including contracts and agreements. Having a real estate lawyer by your side is strongly recommended. 
  • Save for a down payment. Needless to say, it's expensive to buy a home - start saving now! In addition to your down payment, be prepared for costs such as:
    • Closing costs
    • Utilities, insurance and other monthly bills
    • Property taxes 

2. Find a Boston Real Estate Broker

A knowledgeable agent can make the home buying process easier and save you money. Boston's top residential broker, Tracy Campion, and the team at Campion & Company are here to listen to your concerns and be sure that your needs are met. To learn more about how we can help you, contact our team.

3. Find Your Dream Home

What is most important to you? Make a list of your must-haves and deal breakers before you begin searching for your Boston home or condo. Your checklist might include:

  • Neighborhood or location
  • Walkability & public transportation
  • Off-street parking
  • Top Boston school system
  • Close to medical centers, top local employers
  • Building amenities

Don't forget mortgage payment on this list. Your dream home won't be your dream home unless you can afford it. Include utilities, taxes, homeowner's assessments in your calculations.

4. Financing Your Boston Home

Once you've found the perfect property, take the steps to understand the financing terms. Your mortgage broker, lender or attorney can run a title search and will be important resources to help make sure you're clear on all terms. Ask questions if you're unsure about anything!

5. Make an Offer!

  • Home inspection - Before making an offer, be sure to get the home inspected by a licensed home inspector
  • Make sure the title is clear or consider adding contingencies to your offer if it's not
  • Plan to get title insurance
  • Before you put pen to paper - be sure to read ALL contracts. If you hire an attorney, have them review the contracts, too
  • Once you place a bid, be prepared to make a counter offer - it can be competitive
  • Keep an eye on your credit score and hold off on additional big expenses until long after your closing
  • If your offer is not accepted - then the search continues!

6. Closing on Your New Home

  • Keep all sign contracts and papers, from offer to closing, on file
  • Get insured 
    • Homeowners
    • Flood
    • Fire
    • Disaster
  • Weatherproof your home - Get your home ready to face all four seasons
  • Set up all utilities
  • Get ready for the move - Whether you are hiring professionals or relying on friends, get a moving plan together as soon as you know your move-in date
  • Make your home your own - from fresh paint to new light fixtures, have fun making your new place yours
  • Introduce yourself to the neighborhood - Get to know your new neighbors and see what the neighborhood has to offer
  • Pass on the recommendation - If you are happy with the experience you had with your Realtor, recommended them to your friends looking to purchase Boston real estate!

 

If you still have questions about the home buying process or any real estate considerations specific to Boston, please contact Campion & Company. We look forward to helping you buy your next home! 

Back Bay Condo Sets New Sales Record

At $15.4 million dollars, a Back Bay condo has just set a new price record in Boston.

 

The property, located at The Heritage on the Garden, features over 5,000 square feet and direct views into Boston's Public Garden. Tracy Campion, the buyer’s broker, confirmed the sale with Boston.com and said it is in an “outstanding building overlooking the Public Garden with a side terrace.” Daniel A. Mullin was the exlusive listing agent.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

It's price tag makes it the most expensive condo sold in the city this year, beating out Unit W12A at the Mandarin Oriental, which sold for $12.5 million in May. Boston.com reports that it also appears to be the most expensive private home ever sold in Boston, beating out even the $14.5 million sale of the Ames-Webster Mansion to a Saudi businessman

 

Read the full Boston.com article by Megan Turchi here

 

See more listing information here

 

Official Website for 25 Beacon is now live!

Campion and Company is please to introduce 25 Beacon, Boston’s most prestigious new address directly overlooking the State House gardens and Boston Common. A boutique building of just six exquisite homes, 25 Beacon offers floor-through residences that are splashed with sunlight from three exposures. Superior design is matched by quality construction, superb craftsmanship, the latest technology and the finest finishes and fixtures. Luxurious amenities include an on-site garage with valet parking for two cars, 24-hour doorman, direct elevator access, dedicated storage rooms, bike storage, wine cellar and fitness room. To live at 25 Beacon will be to enjoy a Beacon Hill rarity: 21st century comfort in an 18th-century neighborhood. Unit 4 includes a private balcony.

VISIT THE OFFICIAL WEBSITE

Neighborhood Spotlight: Fort Point

Fort Point... It's a destination. It's a lifestyle. It's a vibrant community in which to live, work and play.

Fort Point stands at the forefront of Boston's growing restaurant scene. Home to established local favorites and buzz-worthy new openings, as well as a host of museums, shops and its scenic waterway, the neighborhood has garnered press as a true destination for all ages. Fort Point can even satisfy the taste for sophisticated urban living in Boston. Its growing, active residential community includes a number of highly sought after luxury condominiums, as well as new construction developments that are exclusive to Campion and Company.

Interested in learning more about all the new construction in Fort Point? Campion and Company is the exclusive sales and marketing agent for Fort Point's newest and most exciting condominium residences.


Featured New Condominium Development: 319A Street

A Campion and Company Exclusive 

At 319A, loft living marries sophistication in 48 modern, luxe residences. The project, which is set to begin construction this summer, transforms a 100-year-old manufacturing warehouse into a professionally-managed condominium building complete with common rooftop deck for an al fresco escape, a covered drive-through, extra storage and an on-site restaurant soon to be announced.

Kitchens and baths combine the durability of the building's original industrial detailing with the functionality of updated systems. Soaring windows and high ceilings flood the interiors with natural light, while exposed brick and original wood beams infuse the residences with history and place.

The Campion and Company Sales Team at 319A Street is now taking appointments. The units are sure to move quickly so take advantage of this early opportunity while time permits.


 

Don't want to wait for new construction? Campion and Company also just listed this stunning penthouse at FP3 Lofts. Open in concept and contemporary in design, this corner duplex features two bedrooms, two-and-a-half bathrooms and interior spaces right out of a design magazine. The building was completed in 2009 with high end fixtures and appliances in all units. An expansive wrap-around terrace with gas fire pit, grill and beautiful landscaping offers a private retreat with stunning city views. The residence is complete with two transferable, reserved rental garage parking spaces. Contact us for more information or to schedule a showing.

View the listing for additional photos

New Development Spotlight: Pierce Boston

Coming Soon to the Fenway! 

Scheduled to open in fall 2017, Pierce Boston will be the newest addition to the Fenway, one of Boston’s most dynamic neighborhoods.

Located at the intersection of Boylston Street and Brookline Avenue, this 30-story glass tower will serve as a gateway to the Fenway area and will allow for a pedestrian link to Fenway Park, Landmark Center, the Emerald Necklace, and the Longwood Medical Area. Samuels & Associates, the developer who has most recently brought us the Van Ness, and Landsea, a China-based real estate company, have entered a joint venture to carry out this highly anticipated project.

Pierce Boston will house both retail and residential units, including 109 condominiums and 240 apartments that will range from studios to one-, two- and three-bedroom units. News of the ground floor retailers has not yet been released. For those looking for parking, the project will directly connect to the Trilogy underground garage. Pierce Boston is also a short walk from the Fenway stop on the MBTA Green Line D branch, various bus routes and approximately half a mile to the transit hub in Kenmore Square.

Wrapped in a curtain wall designed by Arquitectonica, a world-famous architectural firm based in Miami, FL, the building is designed to maximize 360-degree views of Boston, Cambridge, the Charles River, and the Emerald Necklace. Lifestyle amenities will include an outdoor terrace and pool located on the roof level that will offer sweeping views of the Emerald Necklace park system.

The Sales Gallery is scheduled to open this fall.

 

3 Campion and Company Agents make Boston's Top 20 for July

A Banner Month for Campion and Company Real Estate Agents!

Tracy Campion, Kevin Caulfield, and Megan Kopman have all been recognized as Top Agents in Boston's Top 20 July rankings. Combined, these three Campion and Company agents closed over $60,000,000 in residential sales in the month alone.

Boston July Rankings:


1 Tracy Campion $38,179,500
2 Steven Cohen Team $17,304,000
3 Abbe Bonnevie $13,040,000
4 Frank Celeste $12,942,000
5 Megan Kopman $11,641,000
6 Kevin Caulfield $10,194,000

7 Ellen, Janis, & Josh Real Estate $9,609,000
8 Dinny Herron $9,115,000
9 Paul Whaley/Charlie Ring Team $8,696,000
10 Maggie Gold Seelig $8,000,000
11 Jeannemarie Conley $7,699,000
12 Beacon Group $7,327,000
13 Nancy Roth $7,135,250
14 Michael Moran $7,042,000
15 Shelagh Brennan $6,518,000
16 Christian Iantosca $6,480,900
17 Beth Dickerson $6,000,000
18 Thom McGair $5,695,000
19 Kathleen Cook $5,280,000
20 The John O'Connor Team $5,275,000

 

About Boston's Top 20

Agents are listed and ranked on a monthly basis according to their total residential sales volume closed. Agents and agencies cannot pay to be listed on the site, and the rankings are based solely on monthly closed residential sales volume for the month listed on the Boston's Top 20 home page. Agents' rankings do not reflect total year-to-date sales at this time.

Millennium Tower Construction Moving Along Quickly

Thanks to a 'vertical assembly line,' Millennium Tower is well on its way to completion.

The tower will rise 60 stories and 685 feet, a process that will take a little more than three years to build. With Suffolk Construction expertly coordinating 500 workers, the Tower is now growing by two floors per week as lower floors receiving finishing touches. By this time next year, the condominiums on the lower floors should be occupied by the building's new residents.

Read the full story in the Boston Globe

Photo by David L. Ryan, Boston Globe Staff

Boston Homes Property Feature: Commonwealth Avenue Grand Parlor Duplex

Campion and Company Exclusive Listing featured in Boston Homes:

3 Bedroom                 
2.5 Bathroom
1 Parking
2,753 ft2

 

This elegant duplex on the sunny side of Commonwealth Avenue includes restored 19th century details, like the mahogany-paneled living room with a stunning wood-burning fireplace.

Read more from Boston Homes

 

View the Listing

 

 

Tracy Campion Ranked Among The Top Ten Real Estate Professionals In The Nation

 

Tracy Campion of Campion and Company Named One of America's

Top 1,000 Real Estate Professionals By Real Trends With A Special Advertising Secion In

THE WALL STREET JOURNAL

 

Campion Had an Impressive $326,886238.68 on her Way to Becoming One of the Nation's Top Professionals

(Boston, MA, June, 26, 2015) Tracy Campion of Campion and Company was named one of America's top real estate professionals by REAL Trends and as advertised in The Wall Street Journal. For the third year in a row she is a member of the "The Thousand Top Real Estate Professionals," a prestigious national awards ranking sponsored annually by the two respected publications. Campion is now ranked in the top one half of 1 percent of the more than 963,000 REALTORS® nationwide.

The Thousand real estate professionals was announced on June 26, 2015, with four separate categories honoring the top 250 residential agents and agent teams for excellence in:

o    Individual Sales Professionals--Sales volume

o    Individual Sales Professionals--Transaction sides (in each real estate transaction, there are two sides that can be represented by a real estate agent: a buyer's and a seller's.)

o    Team Professionals--Sales volume

o    Team Professionals--Transaction sides

According to The Thousand, Campion had sales volume totaling $326,886,238.68, ranking her eighth in the nation. She held the ninth ranking last year.

"The best individual agents and teams--including Campion's award-winning efforts--were nothing short of phenomenal considering the recovering real estate market," said Steve Murray, founder of Denver-based publishing and communications company REAL Trends, which compiled the list.

"Becoming a member of such an elite group as The Thousand is an incredible accomplishment in any market, but what Campion did during these challenging times is impressive on so many levels," said Marti Gallardo, vice president of classified advertising for The Wall Street Journal. "Her efforts topped 99.99 percent of the more than 963,000 REALTORS nationwide."

"I am absolutely thrilled to be named to The Thousand," said Campion, who serves clients primarily in Boston. "Even with the market's challenges, it's incredibly gratifying to help clients find their dream homes as well as help them sell their properties quickly and for the highest price possible."

The ranking of The Thousand can be found at:

https://www.thethousandrealestateprofessionals.com

 

About The Thousand - This awards program was developed jointly by WSJ.Custom Studios (and is not affiliated with the Editorial Department) and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry. REAL Trends The Thousand honors America's elite real estate agents and their companies and is compiled and analyzed by REAL Trends with a special ad section included in The Wall Street Journal.

 

 

One Dalton and Boston's Building Boom

Boston real estate news

Watch as Chronicle explores Boston's current building boom and the new icons that will be changing our skyline, including Millennium Tower and One Dalton


BOSTON IS CURRENTLY THE DARLING OF INTERNATIONAL BANKS AND REAL ESTATE FUNDS. IN THE VIDEO, TED REINSTEIN TELLS US THESE INVESTORS IN EUROPE, ASIA AND SOUTH AMERICA ARE FUELING THE BIGGEST CONSTRUCTION BOTTOM THE CITY HAS SEEN IN HALF A CENTURY.