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| First-time homebuyers are fueling the condominium market, with sales increasing nearly 8 percent during the first three quarters üof 2002. A studio condo at 249 Chestnut Hill Ave. in Brighton üfeaturing hardwood floors and a modern kitchen is currently offered for sale at $148,000. |
Amid Softening R.E. Market, Condominium Sales Resilient
By Aglaia Pikounis
The tide may be turning in residential real estate but one substantial segment of that market – condo sales – appears ready to weather the waves that are threatening to erode what has been one of the nation’s strongest industries in a struggling economy.
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H.N. Gorin Locks Up $23 Million Purchase
By Joe Clements
Chalk another one up for the locals. As Hub-based New Boston Fund proceeds with its planned purchase of the 116 Huntington Ave. office building in Boston’s Back Bay district, another homegrown real estate operation has committed to buying 955 Massachusetts Ave. in Cambridge.
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Deposits, Fee Income Sustaining Banks
By Melanie Nayer
Community banks once again challenged analysts’ predictions and reported record-high earnings for the third quarter of 2002, proving that even in a struggling economy and amid slumping consumer confidence, the small can survive.
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Build Boston Promotes Team Approach
With an estimated 11,000 architects, engineers, contractors, property owners, interior designers, landscape architects and other industry professionals expected to attend this year, Build Boston is the most successful trade show of its kind in the United States.
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Boston Market Next in Line For Women and Co. Concept
By Melanie Nayer
Women who desire more financial empowerment and independence with their money are more often seeking financial professionals at their local banks and investment companies to help educate them on real estate, tax planning, retirement and savings.
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Richards Barry Joyce & Partners Cracks Tough East Cambridge Nut
By Joe Clements
After recently being tabbed by Equity Office Properties to market an East Cambridge building as lab space, Richards Barry Joyce & Partners reportedly has won another prime Cambridge assignment with its selection as agent for Acorn Park in the city’s Alewife district.
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Conveyancers Group Growing, Making Changes in Leadership
By Aglaia Pikounis
One of the state’s oldest bar associations is undergoing major changes. The Massachusetts Conveyancers Association, the real estate bar association representing nearly 3,000 lawyers, is transitioning from a volunteer-led model to a staff-driven and board-governed organization.
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