Boston 2010 Real Estate News

Boston Property News

Thursday, January 31, 2008

Boston Properties Announces Fourth Quarter 2007 Results

Funds from Operations (FFO) for the quarter ended December 31, 2007 were $147.5 million, or $1.24 per share basic and $1.22 per share diluted. This compares to FFO for the quarter ended December 31, 2006 of $141.9 million, or $1.21 per share basic and $1.18 per share diluted. The weighted average number of basic and diluted shares outstanding totaled 119,248,503 and 122,338,037, respectively, for the quarter ended December 31, 2007 and 116,895,438 and 121,456,257, respectively, for the quarter ended December 31, 2006.

Monday, January 28, 2008

Towns to see CPA dollars dwindling

Last year, 113 Massachusetts communities - including, in this area, Acton, Ayer, Bedford, Carlisle, Chelmsford, Concord, Dracut, Dunstable, Groton, Harvard, Lexington, North Andover, Tewksbury, Tyngsborough, and Westford - received a 100 percent match from the state.

This year, 127 communities will be eligible for a state match. Northwest of Boston, Littleton voters approved the program last spring, and Andover residents will consider the measure this year. Belmont has formed a committee to study the idea.

Wednesday, January 23, 2008

Brokerage in Boston Shakes Up the Traditional Role of Real Estate Brokerage Firms

When you are looking to purchase real estate in Boston, one of the first decisions you must make is which real estate firm to work with. Your choices include a plethora of generalist real estate firms, but you might instead consider working with an exclusive buyers’ brokerage in the Boston marketplace.

There are several advantages to working with an exclusive buyers’ brokerage. Because they do not carry their own sales listings, exclusive buyers’ brokerage firms are unbiased when it comes to matching your needs to listed properties.

Saturday, January 19, 2008

Purchasing a Boston Condo?

If you are considering purchasing a Boston condo, seek out a real estate firm that specializes in exactly what you need. As a Boston condo buyer, you may want to look for a real estate firm that is an exclusive buyers’ broker and one that focuses on or even works exclusively with Boston’s condo market.

By working with a buyers’ brokerage rather than a generalist real estate agent as you search for a Boston condo, you will receive unbiased suggestions.

Tuesday, January 15, 2008

Boston Real Estate Report By SharpBuyers.com

As we enter into the slowest time of the year for real estate sales it is important to keep a closer eye on the market. This is why SharpBuyers.com is providing this vital report that gives consumers an in-depth look at the boston real estate market.

There are several different ways this information can be utilized. For buyers, declining home prices may be an indication to wait until the market bottoms out before purchasing. The flip side of that philosophy is that the only way to know when the market has hit rock bottom is when it starts to come back up. Hence, you run the risk of missing out on great deals by trying to perfectly time the market.

Thursday, January 10, 2008

Hub Fed chief: Housing prices might plunge

The residential real estate market is going through its worst investment period in 50 years - and it could get even rougher if the U.S. economy slows significantly in the coming year, Boston Federal Reserve president Eric Rosengren warned yesterday.

Rosengren, who last month was the lone Fed member to push for more aggressive interest-rate cuts to help the ailing economy, said the housing market was the clear “laggard” of the economy over the past year.

Thursday, January 3, 2008

Boston Properties to Release Fourth Quarter 2007 Financial Results

Boston Properties is a fully integrated, self-administered and self- managed real estate investment trust that develops, redevelops, acquires, manages, operates and owns a property portfolio primarily comprised of Class A office space and one hotel. The Company is one of the largest owners and developers of Class A office properties in the United States, concentrated in five markets - Boston, Midtown Manhattan, Washington, D.C., San Francisco, and Princeton, N.J.

Visit the Company's web site at http://www.bostonproperties.com.