Now that’s a sale.  DNA Lofts a new 59 unit condo development near the border between Dorchester and South Boston is holding a developers sale this weekend. They are advertising up to $100,000 off select untis which is a pretty respectable discount considering the units listed in MLS range from $285,040 to $487,080.

The condo project is new construction which is nice. It’s in a so-so neighborhood but it’s close to South Boston and walking distance to the JFK train stop. The apartments feature soaring ceilings, huge windows flooded with natural light, private balconies, city views, deeded parking and a common landscaped courtyard, community room and expansive roof deck.

The developer’s sale runs from May 1st through 3rd. Make sure you sign in Territory Real Estate as your agent to protect your rebate.

MLS #: 70853613 - Condominium- 2/3 Family
Address: 34 Howe Street, Dorchester, MA
List Price: $199,999
Territory Rebate: $5

Buyer’s Agent: Mary Hios

Seller’s Listing Office: At Home Real Estate Group, Inc

Location: Dorchester is a neighborhood of Boston, Massachusetts. It is named after the town of Dorchester in the English county of Dorset, from which Puritans emigrated. Dorchester, including a large portion of today’s Boston, was separately incorporated in 1630. It was still a primarily rural town and had a population of 12,000 when annexed to Boston in 1870. Railroad and streetcar lines brought rapid growth, increasing the population to 150,000 by 1920. It is now a large, diverse working class community with many European Americans, African Americans, Caribbean Americans, Latinos, and East and Southeast Asian Americans, and is still a center of Irish American immigration.

Savin Hill is a section of Dorchester, the largest neighborhood of Boston, Massachusetts, USA.Named after the geographic feature it covers and surrounds, Savin Hill is about one square mile in area, and has a population of about 15,000 people. Savin Hill Beach and Malibu Beach are nearby and are a resource for surrounding communities. Rail and bus routes give access to and from Savin Hill, especially the Savin Hill station. It is the home of the Savin Hill Yacht Club which was founded in 1875 as the Savin Hill Beach Association but later changed its name in 1888. The club is located off Morrisey Boulevard, a main artery in the area. -Wikipedia

Three Up:

1. Spacious, New Renovation
2. 3 Full Sized Bedrooms
3. Washer/Dryer already in Unit

Three Down:

1. Located Near Empty Lot
2: Master Bedroom Closet Very Small
3. Single Families on Block may affect Resale

Guide’s Opinion: This is a gorgeous renovation and the last available unit in the building. Finishes are top-of-the-line. The price per square foot makes it an unbelievable value. The location is also very close to Savin Hill Red Line. This is worth seeing in person to appreciate.

Territory Rating: Buy

CLICK HERE TO SEE IT IN PERSON

Click HERE to see some Territory staff hand picked condo’s, single families and multi families, with 4+ bedrooms in areas such as, Charlestown, South Boston, Davis Square, Jamaica Plain, Prospect Hill and Chestnut Hill (among many others).

Beacon Hill studio located on a charming private way for $175,000

Brighton Studio on Brookline line with bamboo floors, granite kitchen, high ceilings and extra storage $167,900

Dorchester, gorgeous gut renovated 3 bedroom/1bathroom condo with cherry wood floors and 2 parking spots located between the purple red line and major highways $199,999

We believe the best way to predict a market’s future is to examine simple supply and demand statistics. With Mr. Adam Smith as our inspiration we have examined supply and demand for real estate listings in Boston’s sub-neighborhoods.

We looked at single family, multifamily, condo and land listings. To determine supply we measured the number of listings currently on the market. To determine demand we measured the absorption rates (average number of listings sold per month) over the past year. All figures have been rounded off.  Arguably, the higher the supply to demand ratio the more pessimistic one should be about the market’s future.

Allston:
Supply = 51 listings
Demand = absorption rate of 10 per month
Supply / Demand Ratio = 5 months

Back Bay:
Supply = 183 listings
Demand = absorption rate of 37 per month
Supply / Demand Ratio = 5 months

Bay Village:
Supply = 3 listings
Demand = absorption rate of 1 per month
Supply / Demand Ratio = 3 months

Beacon Hill:
Supply = 107 listings
Demand = absorption rate of 14 per month
Supply / Demand Ratio = 8 months

Brighton:
Supply = 144 listings
Demand = absorption rate of 33 per month
Supply / Demand Ratio = 4 months

Charlestown:
Supply = 161 listings
Demand = absorption rate of 30 per month
Supply / Demand Ratio = 5 months

Chinatown:
Supply = 1 listings
Demand = absorption rate of 1/12 per month
Supply / Demand Ratio = 12 months

Dorchester:
Supply = 721 listings
Demand = absorption rate of 60 per month
Supply / Demand Ratio = 12 months

East Boston:
Supply = 259 listings
Demand = absorption rate of 19 per month
Supply / Demand Ratio = 14 months

Financial District:
Supply = 1 listings
Demand = absorption rate of 3/4 per month
Supply / Demand Ratio = 2 months

Fort Hill:
Supply = 19 listings
Demand = absorption rate of 3 per month
Supply / Demand Ratio = 6 months

Hyde Park:
Supply = 166 listings
Demand = absorption rate of 18 per month
Supply / Demand Ratio = 9 months

Jamaica Plain:
Supply = 151 listings
Demand = absorption rate of 44 per month
Supply / Demand Ratio = 3 months

Leather District:
Supply = 18 listings
Demand = absorption rate of 3 per month
Supply / Demand Ratio = 6 months

Mattapan:
Supply = 109 listings
Demand = absorption rate of 7 per month
Supply / Demand Ratio = 16 months

Midtown:
Supply = 32 listings
Demand = absorption rate of 4 per month
Supply / Demand Ratio = 8 months

Mission Hill:
Supply = 8 listings
Demand = absorption rate of 3 per month
Supply / Demand Ratio = 3 months

North End:
Supply = 58 listings
Demand = absorption rate of 8 per month
Supply / Demand Ratio = 7 months

Roslindale:
Supply = 151 listings
Demand = absorption rate of 22 per month
Supply / Demand Ratio = 7 months

Roxbury:
Supply = 132 listings
Demand = absorption rate of 6 per month
Supply / Demand Ratio = 22 months

Seaport District:
Supply = 24 listings
Demand = absorption rate of 4 per month
Supply / Demand Ratio = 6 months

South Boston:
Supply = 271 listings
Demand = absorption rate of 56 per month
Supply / Demand Ratio = 5 months

South End:
Supply = 221 listings
Demand = absorption rate of 54 per month
Supply / Demand Ratio = 4 months

The Fenway:
Supply = 78 listings
Demand = absorption rate of 13 per month
Supply / Demand Ratio = 6 months

Theatre District:
Supply = 0 listings
Demand = absorption rate of 1/12 per month
Supply / Demand Ratio = 0 months

Waterfront:
Supply = 91 listings
Demand = absorption rate of 9 per month
Supply / Demand Ratio = 10 months

West End:
Supply = 23 listings
Demand = absorption rate of 3 per month
Supply / Demand Ratio = 8 months

West Roxbury:
Supply = 121 listings
Demand = absorption rate of 29 per month
Supply / Demand Ratio = 4 months

It’s hard to put a deal together in today’s market because most buyers are thinking one thing while Sellers are thinking something completely different. Sometimes it takes deal or two falling apart to readjust everyone’s expectations. Today we bring you a number of listings that are Back On Market (BOM). These are all nice properties that have gone under-agreement but for one reason or another the deals have fallen apart. You might find that these sellers, who have had their pot of gold ripped away at the last minute, are a little more willing to make a deal. Take advantage, it’s the Territory Way.

70688281 8 Oakvale Road, Framingham
70704269 142 St. Botolph Street, Boston - Back Bay
70707993 71-73 Beechcroft Street, Boston - Brighton
70681283 158 Endicott Street. Boston - North End
70700552 20 Upland Avenue, Boston - Dorchester
70641467 135-137 Salem Street, Boston - North End

Victorian is not really a style but a period in history, dating between 1840 and 1900, named after Queen Victoria’s rule. There are actually a number of Victorian “styles”, each with its own distinctive features.

• Gothic Revival Architecture - Victorian Gothic buildings feature arches, pointed windows, and other details borrowed from the middle age.
• Victorian Italianate Architecture - Rebelling against formal, classical architecture, Italianate became the one of the most popular styles in the United States. With low roofs, wide eaves, and ornamental brackets, Italianate is sometimes called the bracketed style.
• Second Empire or Mansard Style - Characterized by their boxy mansard roofs, these buildings were inspired by the architecture in Paris during the reign of Napoleon III.
• Victorian Stick Architecture - Trusses and stickwork suggest medieval building techniques on these relatively plain Victorian buildings.
• Folk Victorian - Just plain folk could afford these no-fuss homes, using trimwork made possible by mass production.
• Shingle Style Architecture - Often built in costal areas, these shingle-sided homes are rambling and austere. But, the simplicity of the style is deceptive. The Shingle Style was adopted by the wealthy for grand estates.
• Richardsonian Romanesque Architecture - Architect Henry Hobson Richardson is often credited with popularizing these romantic buildings. Constructed of stone, they resemble small castles. Romanesque was used more often for large public buildings, but some private homes were also built in the imposing Romanesque style.
• Victorian Queen Anne Architecture - Queen Anne is the most elaborate of the Victorian styles. Buildings are ornamented with towers, turrets, wrap around porches, and other fanciful details.

Did you know that the South End of Boston is recognized by the National Register of Historic Places as the oldest and largest Victorian neighborhood in the United States?

There are a couple Victorian style listings currently on the market in the South End:

MLS # 70708903, 7 Dwight Street
MLS # 70602260, 542 Massachusetts Avenue
MLS # 70697120, 118 W Newton Street

Here are a couple more in Somerville:

MLS # 70678896, 193 School Street
MLS # 70684310, 16 Freemont Street

And a few in Dorchester:

MLS # 70620623, 70 Brookledge Street
MLS # 70554888, 32 Wellesley Park
MLS # 70649775, 76 Alban Street

Melonie Griffiths-Evans can sleep soundly tonight in her foreclosed property. The woman raised eyebrows today after dozens of supporters picketed outside her property delaying law enforcement from entering and evicting Ms. Griffith-Evans . She was supposed to be packed and moved out by 9am but a phone call came in from City Life - an advocacy group that “puts people before profit” and has vowed to protect foreclosed homeowners from being put out on the street - and announced the eviction date has been postponed. They hope to save 75 others.

It will be interesting to see how a group like City Life fair as the foreclosure rates continue to increase and Wall Street continues to fall.