Despite media reports of a slowing national real estate market, it seems that the Boston Real Estate market remains vibrant and strong, specifically Boston luxury real estate. In fact, BostonÃ top neighborhoods of the Back Bay, Beacon Hill, Financial District and South End have all seen continuous growth during the past two years. You can read all about the Boston real estate market in The Bushari Team quarterly Boston Real Estate Market Report.
According to Elad Bushari of Gibson Sotheby International Realty in Boston, the strong Boston real estate market has partly to do with Boston booming financial industries. We are seeing a lot more people searching for lofts near the financial district. In fact, prices there have jumped 17 percent in the 3Q 2007 as compared to last year.