Franklin Realty Logo

Search Homes

Our Blog

Latest Posts

Blog

Investment Opportunity: Develop a 3 family home in Belmont and sell as condos

69 Marlboro St Belmont MA

A 3 family home in Belmont recently came on the market that may interest investors, developers, and potential developers. Many updates are required to maximize the re-sale value, and it could be ripe for a triple condo conversion project with a fat profit margin. This is basically a "fix and flip" project where a multifamily home is [...]

Medford Single Family Fix and Flip Opportunity (Grant Ave)

Side Exterior

A single family home in Medford, MA on Grant Ave is available for a quick sale. The asking price is $449,900. Since homes in Medford of this size are selling for $550,000-$800,000, why is the asking price this low? A big reason is that the home is listed for quick sale and requires an all-cash offer. An intermediary that specializes in [...]

What's Happening to Rents in the Boston Area?

Rents have continued to rise across Massachusetts and are up double digits year-over-year in most communities. For example, in Boston, Arlington, Lexington, Somerville, Cambridge, and Allston, rents are up across the board for all apartment types. The rise in mortgage rates has pushed some potential buyers into the rental market, supporting demand for apartments. Inflation and a weaker economy could dampen these pressures in 2023.

What's Happening in the Boston Real Estate Market?

alt tag

The Boston area real estate market is showing early signs of slowing after an extended period of being very hot. Inventory is still low, but affordability has taken a significant hit from higher mortgage rates. Marginal buyers are reluctant to lock in the higher financing costs, and some potential homebuyers are leaving the market and [...]

1-10 of 15 Posts