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Investing in residential property is an exhilarating experience. That’s obvious, given the fact that a home is probably going to be the biggest investment in your life. The sheer excitement becomes evident while you are looking for the best homes for sale in Brookline, MA or any other state. Once you have found your sanctum, you might think that everything is done. However, that’s not the case. “With great power, comes great responsibility”- if you remember this line by Uncle Ben in The Spiderman, you get what we are trying to convey with the phrase. Purchasing a beautiful home is just the beginning, now you need to come up a concrete plan for the safety of the home. With the help of this blog, let’s try to understand the importance of safety in a residential property and on the later part of the blog you will know various safety tips that can be incorporated in any home.

Safety Is a Fundamental factor of a happy home

This is the most talked-about thing when broker/agents want to promote a property. It is evident that a likelihood of selling a safe and a highly-secure home will be much higher than a property, which may appear to look stunning, but is located in a shady area. Ask yourself which one would you prefer personally. For a family which consists of elderly persons, as well as kids, it is imperative that all the boxes are ticked when it comes to home safety equipment/products. As a responsible family member, you need to ensure that others are aware of safety hazards and how can they take smaller yet smart initiatives to prevent a major mishap in future. As an example, you can teach your children where to go, how to open windows and screens if that is a safe escape route, and what they should do in case of a fire.

The 4 Essential Home Safety Tips

  • Once you have moved into your new home, it is a wise decision to take care of some less noticeable things. These can make a big difference at times of crisis.
  • Change the door locks as soon as you move into the home. This is crucial, since you do not know how many individuals have access to your home currently.
  • Replace batteries of all the smoke detectors in the house.
  • Ensure that all the electrical outlets are tightly fitted as they may pose a fire hazard.
  • Make sure that all the vent and filters are cleaned/replaced, if the heating units are in use for a considerable amount of time.

5 Tax Breaks In 2019 That Homeowners Can Benefit From

by Eric Glassoff

In spite of the fact that it might not have been your sole purpose of purchasing a house, tax breaks are an amazing advantage of homeownership. As indicated by U.S. News, almost 19 million citizens will benefit by from itemized deductions this year (2019). Here are 5 tax breaks you should exploit:

  • Mortgage Interest

Something each property holder can rely on this tax season is deducting mortgage interest. This means that you can deduct any interest you paid on your home — up to $1 million in loans. This also includes deducting interest on a refinanced mortgage (with certain debt constraints).

  • State and Local Taxes

Try not to fret — those thousands of dollars you paid for state and local property taxes are actually deductible. In actuality, you can deduct a limit of $10,000 of your paid total property taxes, state income tax, or state/local sales taxes.

  • PMI

Pre-Mortgage Insurance with properties that have under 20% down is deductible.

  • Rental property

Rental properties frequently offer bigger deductions and tax breaks than most investments. A considerable number of these are overlooked be landlords at tax time. This can create a difference in making a profit or losing cash on your real estate venture. If you own a rental property, the IRS enables you to deduct costs you pay for the maintenance and upkeep of the property, conserving and managing the property, and other necessary costs related with property rental.

  • Energy Tax Credit

Citizens who remodel their homes to use sustainable energy resources might be qualified for a tax credit to balance a portion of the costs. As of the 2018 tax year, the federal government offers the Nonbusiness Energy Property Credit. The credits are good through 2019 and after that are decreased every year through the end of 2021. Claim the credits by filling Form 5695 with your tax return.

While these tax breaks should help you make a solid decision of buying a home, you would still need the help of professional real estate experts who can help you find your dream home. Such is the service offered by Coldwell Banker by Eric Glassoff. His main goal is to assist clients to buy/sell condominiums, single family and multi-family homes in the Brookline, Newton, Cambridge, Back Bay, Beacon Hill, South End, Brighton, Allston and the surrounding Greater Boston areas. So if you’re looking for the best condos for sale in Brookline, MA, get in touch with us!

3 Luxury Condos in Brookline For Sale Right Now

by Eric Glassoff

As Brookline’s real estate industry continues to skyrocket, it’s no surprise to see many people are looking for luxury condos for sale in Brookline, Massachusetts. According to high-rise experts, there couldn’t be a better time to invest in high-end properties in Brookline.

Though luxury is subjective, quite a few properties in Brookline fall under the ‘high-end’ category, according to real estate experts. To aid your luxury condo hunt, we have pinpointed the best luxury condos for sale in Brookline, Massachusetts that you might want to consider investing in

13 Linden St, Brookline, Massachusetts

Price: $669,000

Property Description

From the wood burning fireplace to the stunning formal dining room to the hardwood floor, this charming two bedroom penthouse condo offers a beautiful view overlooking Linden Park. It comes with exposed brick walls and a traditional character and has 9-feet high ceilings. As you sit and eat your breakfast in the kitchen, which has granite counters and SS appliances, you realize that every aspect of this condo is well maintained. For a family seeking a comfortable and stress-free living, this property is worth the shot.

39 Kent St, Brookline, Massachusetts

Price: $749,000

Property Description Situated perfectly in a highly desirable Brookline Village neighborhood, this 3 bedroom/1 bath condo is spacious due to 1,180 sq. ft. of the floor and the functional layout and high ceilings. The large and light-filled kitchen comes with plenty of cabinets, a breakfast bar, and an adjacent dining area with exposed brick walls, offering you a great space to cook.

Talking about the rooms, the master bedroom is well apportioned with a large closet. It’s updated bathroom has high-end fixtures and beautiful mosaic tile work, perfect for a relaxing bath. What’s more, it highlights hardwood floors, period-style wainscoting, a fireplace, exposed brick walls, an in-unit washer/dryer and private storage in the basement.

217 Wolcott Rd, Brookline, Massachusetts

Price: $2,499,900

Property Description This gorgeous lot in an exquisite Chestnut Hill location comes with 4 bedrooms plus a den and 3 large decks with beautiful city skyline views. This newly constructed custom shingle and stone home includes coffered ceilings, wainscoting, and crown molding, marble mantels, hardwood flooring, gas fireplace, full tiled baths and high-end fixtures. With this property, you get custom kitchen and bathroom cabinetry as well as custom built-ins and sub-zero and wolf quality type appliances. For families looking for a beautiful backyard, this property is an ideal choice.

Final Thoughts With the booming real estate industry in Brookline, observing a sharp decline in the volume of luxury condos is inevitable. That said, you still stand a few chances to get luxury condos for sale in Brookline, Massachusetts. Make sure you don’t miss out on the listing mentioned above and let us help you book your dream home.

A recent study conducted on the residential real estate market in Newton and Brookline, MA, has revealed that despite a sharp decline in the volume of home and condo sales over the past one quarter, the selling prices remained stable as opposed to the same period, last year. It was also concluded that there has been a substantial increase in the listing inventory (the number and aggregate value of home and condo listings) from 339 units and $514.0 million to 407 units and $606.6 million). Average selling price was reported to be $1.222M for 2019, which was $1.213M for 2018. One of the many possible reasons behind price stability could be declining mortgage rates over the past 3 months. Last year, during the same period, rates raised rapidly creating anxiety and pressure in buyers to transact while rates were still said to be 'affordable.' Another reason could be misreading of signals by some sellers, who over-priced their original listings, leading to increased price reductions.

So, the big question is- Is it going to be a buyers’ market in the coming season? Considering the increase in the percentage of listings that underwent price reductions (7.1% to 11.8%) as well as an increase in days to offer (42 to 50), it can be said that the market is “slightly favorable” for buyers. Another good news for homebuyers is that they can be a bit relaxed about timing. So, if you were planning to buy a property in Brookline, this may be the right time to do so as you can take advantage of the present situation. You can partner with one of the best real estate agents in Brookline, MA to get a good deal on homes for sale. Buyers should not have unrealistic expectations and they should not wait for prices to drop significantly, as this strategy clearly hasn't been working in the past and such buyers are getting shut out. There are already just too many ready, willing, and capable buyers out there, so delaying the purchase does not seem to help.

Housing Stock Comparison - Brookline Vs Newton

Newton’s housing stock primarily comprises of single and two-family unit structures, whereas Brookline offers more options in structures with 10 or more units. Smaller households looking for multi-family units have fewer choices in Newton. If you are looking for more multifamily housing options, Brookline has more options to choose from. Planning to buy a house in Brookline, Newton or Boston? Get in touch with Boston Real Estate Experts for unparalleled real estate services.

Reasons to Choose Newton, Massachusetts For Your Next Home

by Eric Glassoff

Buying a home doesn’t have to be challenging, provided you know the city and neighborhood where you want to reside. That said, it can be difficult to choose the right home location, for a number of things need to be considered for a risk-free investment. You wouldn’t want to buy a home in a city where the crime rate is high or the education standard is not up to the mark, or healthcare infrastructure is poor. Would you? This is why it’s vital to pick the best home destination for a peaceful and high quality living.  

When it comes to the best cities to buy a home in the US, Newton, MA has gained enormous popularity among home buyers and realtors. Close to Boston, which is considered the best suburb to live in, it offers a high quality living with peace of mind.

If you have been planning to buy a home but clueless about the location, here are a few reasons to pick Newton, Massachusetts:

Better Education
Newton relatively has a better education system as most adults are educated with high school and advanced degrees. Children also achieve better scores in standardized tests as compared to children in other states. Moreover, schools are in top condition, ensuring students are taught about all the aspects of life. Due to the quality education, the crime rate in the city is also low, making it a perfect destination for homebuyers.

Better transport and public services
Public & transport services are something that people often give their most attention to. In Newton, you don’t have to worry as they are excellent. With top-notch public transport, you have an easy and convenient access to hospitals, schools, government offices, shopping malls, and other places. What’s more, the streets are well-maintained, roads are smooth, trash hauling is convenient and other services are in line. This is why more and more people are looking for realtors in Newton, Massachusetts these days to buy properties.

Attractions to visit
If you want to live in a city with beautiful attractions and hidden gems, Newton is your dream destination. It offers a plethora of natural and tourist spots along with world-class restaurants and cultural venues to both travelers and residents.

Final thought
Whether you want to move with your family or spouse or alone, Newton, MA is certainly a city you should consider residing in. When looking for a home in the best neighborhood, don’t forget to get in touch with a renowned real estate agency in Newton, Massachusetts.

5 Things to Look For When Buying a Luxury Condo In Brookline

by Eric Glassoff

As more people are starting to recognize the value of luxury living, there has been a surge in the search for luxury condos in Brookline. Such condos are a combination of the comforts and convenience of city dwelling and the advantages of a real estate investment. Luxury living, for some people, conjures up an image of grandeur and opulence and a hefty price tag. Even though that may be true to a certain extent, they alone do not define luxury, the concept of which is highly relative. What excites one individual may not evoke the same response from another. However, there are a few essential features that that all luxury condos must possess.

Let us go through all the details that you must look for in a luxury condo before buying.

1. Location
Before making any real estate investment, the most important factor that you must consider is the location. When buying a luxury condo, you must ensure that it is at a convenient location that is in proximity to transportation facilities, shopping centers and other social amenities like parks and restaurants.

2. Space
The square footage of the condo must be carefully evaluated, regardless of whether it is a suburban property or is in the city. The price that you will be paying for it must be in accordance to the space that you are getting. Unlike free standing homes, condos do not have attics or basements. For special purposes, such as if you plan to set up an office or studio in your condo, you will definitely need more space. You must also make sure that there is enough storage space.

3. Appliances
It is true that not all condos will provide you with the appliances that you want, but what you can do is ensure that you are getting upgraded products. Look for places that have top quality microwaves and refrigerators as well as stainless steel ranges. The light and bathroom fixtures must also not be substandard.

4. Parking facilities and other amenities
When considering a condo, parking must also be looked at. There must be adequate parking facilities either in the building complex or nearby. Each unit should have a dedicated parking slot. Some other amenities that you must pay attention to are gyms, spas, swimming pools and lawns. Buying a property in a building with these features can give the most bang for your buck.

5. Security
Most luxury condos come with high-tech security features. However, you must still see to it that there are cameras, manned security posts, guards and locked doors and gates. The corridors and hallways must also be well-lit so that you and your condo is guaranteed maximum security.

When looking for luxury condos for sale in Brookline, Massachusetts, you must enlist the help of experienced professionals who are well versed with the real estate scene here. We can provide you with all the help that you need, including giving you updates on your favorite properties. For more information, you can reach out to us or go through our website.

Top Upcoming Housing Market Trends in Brookline

by Eric Glassoff

Finding your dream home in Brookline is a daunting task. The real estate market in this area is highly competitive, which makes it extremely difficult to find homes available for renting. A report published by Realtor.com revealed that the Massachusetts housing market consisted of rising prices and shrinking inventory in 2018. According to them, the trend is expected to continue in 2019 with sellers having an edge over buyers.

The Federal Reserve recently announced that they will be raising the federal funds rates again in 2019. This hike will eventually result in an uptick in mortgage rates, making it more difficult for potential buyers to find their dream place. Additionally, the Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, also predicted that mortgage rates will increase by 5% till the end of 2019.

Since real estate demands outweigh the available inventory, people interested in investing in real estate should consider hiring reliable real estate agents in Brookline MA. This will help you to find a budget-friendly property that satisfies all your requirements. Such professionals have ample experience in negotiating and locating good properties. An experienced agent can help you find a lovely apartment or condo without burning a hole in your pocket.

Eric Glassoff specializes is a certified Coldwell Banker and an able realtor, who specializes in negotiating real estate deals. He keeps his clients up-to-date by providing them updated lists of available apartments in Brookline on a regular basis. If you are trying to find Brookline real estate agent, you should consider visiting Boston Real Estate Experts.

4 Mortgage Types That Homebuyers In Boston Can Opt For

by Eric Glassoff

Dealing in the Boston real estate market can be a daunting task, especially for those who are not familiar with the complexities inherent. These complexities present a number of challenges to property buyers; one of them is finding the perfect loan. With so many lending companies and mortgage brokers in the Boston real estate market offering various loan programs, picking one can be very confusing. The top real estate agents in Boston, MA can help you in the process and simplify things for you. Depending on your budget and credit history, you can opt for:-

  • Fixed-Rate Loans - Fixed-rate loans offer the borrower a fixed interest rate for the life of the loan (typically 15 to 30 years). The biggest advantage of choosing this loan type is that your monthly payments do not change over time. Fixed rate loans are ideal for buyers who are expecting to stay in the home for a long time.
  • Adjustable Rate Loans - What differentiates an adjustable loan from fixed rate is that the rate of interest in this loan changes periodically. Borrowers are charged a lower interest rate initially but the payments can decrease or increase with time depending on the interest rate. Adjustable rate loans are ideal for buyers who are expecting to stay in the home for a short period of time.
  • FHA Loans - The Federal Housing Administration (FHA) offers loans for low-to-moderate-income home buyers. FHA loans have lower down payments and they are ideal for homebuyers with low credit scores. Even past bankruptcy does not necessarily disqualify borrowers from choosing this program.
  • VA Loans - Apart from the above-mentioned three most popular types of loans, there is one more loan that you can also opt for - VA. The Department of Veterans Affairs (VA) offers a zero-down mortgage program for veterans and service personnel in the U.S. military. These loans eliminate the need for buying private mortgage insurance.

To know more about your available financing options, visit http://www.bostonrealestateexperts.com/Buyer-Resources/Loan-Analysis

Newton, MA – The Quiet Suburb of Boston City

by Eric Glassoff

With a total population of only 87,018, Newton is an old town in Massachusetts, located just outside Boston city. It has been an exclusive enclave and remains one of Boston’s most desirable places to live. In fact, Money Magazine recently ranked Newton as one of the best places to live in America. If you’re someone who thrives to live in a small community in the lap of nature, surrounded by mystical winding streets that lead to spacious estates, you should consider for the best homes for sale in Newton, MA.

What Are People Like In Newton?
Most people in Newton have white-collar jobs. Newton is a city of professionals, managers, and sales and office workers. Moreover, as the same suggests, Newton is the ideal town for those who have an inclination towards science. The town is filled with scientists of all kinds, astronomers, geographers, and even theoretical physicists.
 
Newton is also home to a large population of single people in their 20s and 30s who have undergraduate and graduate degrees and are looking for career opportunities in professional occupations. All these factors make Newton an ideal location for families to raise their children in. Because most of the population is composed of college-educated, motivated youngsters, this place is perfect for those who support education.

Real Estate Market Trends of 2019
The median list price in Newton is $1,522,000. It went up by 1% from February to March. Newton's home resale inventories is 98, which saw an increase of 6% since February 2019. The median list price per square foot in Newton is $449. In February 2019, it was $457.

The Lifestyle
With four distinct high-end shopping centers, the neighborhood is well-known as a destination for the best in brand-name fashion, home decor, jewelry, and more. The most popular fine dining restaurants provide white-glove service. These include three acclaimed steakhouses and the classy French bistro named Aquitaine. Not just that, there is a bevy of spas and salons that keeps locals pampered and poised.

If you’re looking for homes for sale here, get in touch with Eric Glassoff, the best real estate agent in Newton, MA. Eric offers unparalleled service to clients in the Boston, Massachusetts real estate market. Your complete satisfaction with our service and representation is our number one priority.

Real Estate in Brookline - A Perfect Paradise for Everyone

by Eric Glassoff

With Brookline emerging as a hub of opportunities for real estate investors and homebuyers alike, buying luxury homes for sale in Brookline, MA can certainly prove to be a smart decision for many reasons.

For investors, seeking out properties with the potential to deliver the best returns possible, luxury hotels and homes in Brookline are an excellent choice with higher chances of meeting the expectations of greater returns. The reason for such notion is the booming demand for high-end properties by outsiders and families planning to reside in the best suburbs of the nation, as observed in the last few years. That said, if you want to stretch the gap between investment and return, consider investing in luxury real estate in Brookline.

For those looking for a perfect family home meeting their needs, homes for sale in Brookline, MA are great and are available at reasonable rates. Offering all the amenities that a family may need to lead a comfortable and desirable living, properties in this part of Boston are well-connected to the major attractions, hospitals, schools, banks, complexes, and many others facilities. This is why most people, especially those with families, are trying their best to settle in Brookline.

If you want to get your hands on the best luxury homes for sale in Brookline, MA, Eric Glassoff, a trusted and certified Coldwell Banker and an able realtor, is there to help. Specializing in apartments and condos in Brookline, Boston, Newton, and other neighborhoods in and around Massachusetts, he lets you search the best-updated list and helps you get the most desirable property in the area.

For the best homes for sale in Brookline, MA, think no more and get in touch with Eric Glassoff today!

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Contact Information

Photo of Eric Glassoff Realtor®, MBA ABR, ASP, SRES, e-PRO, Real Estate
Eric Glassoff Realtor®, MBA ABR, ASP, SRES, e-PRO,
Coldwell Banker
1375 Beacon Street
Brookline MA 02446
Direct: (617) 233-6210
Office: (617) 731-2447
Fax: Fax: (617) 431-5010

Testimonials

I was a first time home buyer looking a place in Brookline, and Newton area for a quite well, and tiredly had worked with several agents in 2008-2009.  I decided to find a place myself, and it happened that I found that sales agent Eric Glassoff had lots of the hot units in Brookline for sale.  So why not work with him as buyer agent then?After I started to work with him, I was so impressed with his professional knowledge, ability to educate clients, working efficiency, honesty, loyalty, and the capability to make a deal happen in the best interest of his client.  After I looked at 2-3 properties, I happily bought a dream home at Newton.  I strongly recommend Eric to any home buyers, as his excellence in business as well as his loyalty to his clients will bring you satisfaction in purchasing your dream home.  "Susan Zhang"... Read More