Category Archives: Luxury apartments

Symphony Boston MA Apartment Availability Rate at 2.57%

SymphonyApartments.com has completed an in-depth study of the Symphony MA area and has found the vacancy rate to stand at 2.57%. Symphony Apartments indexes over 2,059 units in the Symphony area. Of those 2,059 units, 53 are currently available for rent. Luxury units utilize internal leasing staff and often provide fluctuating vacancy rates, and for this reason, they were purposely omitted from this study.

Renters looking for the best bang for their buck should consider anything over a 2 bedroom. The average price of a studio and one bed can range from $1500-$2200 on average. Two beds on average range from $2800-$3800. With three beds and higher, one can get an apartment closer to the $1000 per person range.

Renters are drawn to a hip nightlife and an easy commute both into and out of Boston. The MBTA green line services many of the central areas of Symphony while MBTA bus lines canvas some of the more suburban areas. Sections of Symphony afford car-owners easy on-street parking as well as direct access to many major roads including Huntington Avenue, Gainsborough Street, Hemenway Street, and Massachusetts Avenue. A commuter rail station (in Ruggles) is also here for those looking for easy and affordable access points.

Renters who are looking to travel into the city can expect T commutes as short as 10 minutes into the heart of Boston. For those looking to find local entertainment, great local bars are easy to find. Symphony is home to multiple local bars and with close proximity to the Prudential Center and Back Bay, entertainment and nightlife is incredibly easy.

This 2.57% vacancy rate is higher than expected this time of year. Real time vacancy rates are usually much lower in the fall than they are during the peak rental periods when most apartments turn over. What happened with the market this year towards the end of the summer was not expected by many; a lot of units, especially in the Symphony MA area went vacant. Many landlords have started paying the broker fee and cutting prices dramatically to compete with the local market. The problem for landlords is that there is not many people still looking for an apartment in Boston. Owners for once do not have the upper hand in this market, and renters should consider seeking the professionalism and expertise provided by local agents, who know all the inventory. The agents found on SymphonyApartments are experienced in a variety of rental markets and can often find deals that solo apartment hunters cannot. Professional real estate agents found on the Symphonyapartments.com website have access to over 122,260 listings and over 15,030 landlord phone numbers, and will often contact them frequently trying to get the first jump on an apartment before or as it is coming to market. Agents also ensure that all necessary paperwork is completed correctly and presented to choosy owners in the best possible light. In order to avoid the headache and frustration that is inevitable in this year’s apartment hunt, consider reaching out to the experts found at Symphony Apartments.

If you are an owner with a currently vacant apartment, it is imperative to stay informed on current market trends. The experts found on Symphony Apartments have over 2,059 listings in the Symphony MA area to compare in order to help price your income property to stay competitive in this tight market.

SymphonyApartments.com is part of the BostonPads.com network, the largest real time apartment database in MA with over 122,262 apartment listings and more than 15,030 landlords in the Greater Boston Area. To learn more about the Symphony real estate market, check available listings, explore investment opportunities, or get in touch with a qualified agent, visit SymphonyApartments.com

East Boston Real Time Apartment Vacancy Rate of 4.17% as of April 21, 2014

As the weather in Boston begins to heat up, so does the apartment hunt for those looking to change addresses before September 1st . Anyone interested in the East Boston MA region will find it useful to know that the apartment availability rate currently resides at 4.17%. This figure comes from an in depth analysis of www.BostonPads.com – the largest real time apartment rental database in New England. Presently, BostonPads.com contains over 121,000+ apartment listings in the Greater Boston Area.

Of these 121,000+ listings, 1,127 of them are from East Boston; a region that embraces Bremen St. Park/Airport Station, Central Square Park, Constitution Beach, Day Square, Eagle Hill, Jefferies Point, Maverick Square, Orient Heights and all the way up to Suffolk Downs. There are 47+ apartments currently listed as available in East Boston. Meaning, there are 47+ properties that are vacant now or available to be rented. This gives East Boston a real time vacancy rate of 4.17%. For comparison, the overall real time vacancy rate of Greater Boston is 6.3%.

East Boston is separated from the city proper by Boston Harbor and bordered by Winthrop, Revere, and the Chelsea Creek. In recent years, East Boston has become increasingly desirable living space for everyone, including a growing young professional crowd. Newly renovated condominiums along Jeffries Point, Maverick Square, and the Eagle Hill waterfront have become the landing spot for 20 something’s looking to get more bang for their housing buck. Residents of East Boston enjoy easy access to the Downtown Boston area via MBTA Blue Line, making it an enticing option for the Fi-Di crowd. There are also water shuttles that take people from East Boston across the harbor to the downtown district.

In addition to accommodating Logan International Airport, East Boston also boast several other points of interest including the Belle Isle Marsh Reservation, Sprawling Community Gardens, Constitution Beach, Piers Park, and a 35 foot tall statue of the Madonna (a representation of the biblical Mary, not the pop singer) which is located at the Don Orione Shrine. Suffolk Downs provides unique entertainment by way of thoroughbred horse racing. If horse racing isn’t your thing, Suffolk Down’s also hosts Boston’s Hot Dog Safari – an annual charity benefit that features and all you can eat hot dog, sausage and ice cream buffet.

Contrary to the crowded lots of Boston Proper, parking in East Boston is a breeze. Resident and meter parking spots are numerous in number and are typically unoccupied. For those without wheels, the MBTA Blue line train services the area, with stops at Wonderland, Revere Beach, Beachmont, Suffolk Downs, Orient Heights, Wood Island, Airport, and Maverick before diving under Boston Harbor and resurfacing with stops at the Aquarium, State Street, Government Center and ending at Bowdoin. The State Street Blue Line stop provides access to the Orange Line. The recent closing of Government Center has stripped Blue Line riders of their contact to the Red and Green Lines. To remedy this lack of accessibility, there’s been a proposal to extend the Blue line one more stop to Charles/MGH, which would hook rider back up with the Red Line
Restaurants such as El Paisa, El Penol and Restaurante Montecristo provide residents with a taste of the local flavor. Easy access to Downtown and the North end via the Blue Line opens up the food selection exponentially; giving Eastie access to fine Italian dining and Boston staples such as Legal Seafood’s, Joes American Bar and Grill and Bertuccis. Waterfront regions of the city such as Jefferies Point and Eagle hill offer unrivaled skyline views of Downtown Boston. The piers, parks and small beaches that dot the East Boston coastline make these areas a desirable spot for families, young professionals and students alike.

Using the services of a knowledgeable real estate agent with exclusive listings in the East Boston Area can do wonders for making your making your apartment search successful. With databases controlling massive amounts of listings and abundant landlord relationships at their disposal, real estate agents found on www.eastbostonapartments.com have the ability to find you the perfect mix of quality, value and location in your new home. EastBostonApartments.com is part of the largest real time apartment database in MA (BostonPads) with over 121,000 apartment listings and more than 14,700 landlords in the Greater Boston Area. Also you can check out the East Boston Pads Facebook page at https://www.facebook.com/east.boston

Real Time Mission Hill Boston MA Apartment Availability Rate is 7.6%

According to the largest apartment database in Mission Hill MA, MissionHillPads (http://www.missionhillpads.com) stats the real time availability rate in Mission Hill is a low 7.6%. Of the 2,184 total analyzed listings, only 165 apartments in Mission Hill are currently available. This analysis purposely excludes the luxury buildings in the area to ensure the accurate real time study. In recent years, Mission Hill has become a popular neighborhood for all demographics. Not only does “The Hill” consist of long-term, home-owning residents, it also includes a vigorous population of renting students attending school at the numerous nearby colleges and universities, professionals working in the Longwood Medical area, and all types of diverse and vibrant families. Most Mission Hill apartments are on 12 month leasing cycles that begin on September 1st, although there are some apartments that become available during other months of the year. One of Mission Hill’s most desirable attributes is its access to MBTA public transportation. Not only does the Orange Line subway run through the Roxbury Crossing Station from Jamaica Plain through downtown Boston and up into Malden, the Green (E) Line subway runs from Jamaica Plain through downtown Boston and into Cambridge. With the Green Line Extension Project receiving the funding it needed, the Cambridge end of the Green Line is expected to be extended within the next three years farther into Cambridge and Somerville as well. Complementing the two main subway routes, Mission Hill also has buses that grant access into Roxbury, West Roxbury, Dedham, Brookline, Allston, and Cambridge. When searching available listings on the MissionHillPads website, the area of each available apartment is designated on an online and interactive map for viewers to better explore the area. It is clear that Mission Hill MA residents have convenient access to the most of the areas around the hub that is Boston, but Mission Hill residents also have some great area amenities. Brigham Circle has a supermarket, a pharmacy, a bank, a dentist, a coffee shop, and even an ice cream place. Further down Tremont Street along what is known as the “front of the hill,” you have a bar that also serves a wonderful brunch, a restaurant that delivers award winning pastas with over 20 sauces and addable ingredients, a cafe that serves awesome donuts, and so much more. If you are considering any Mission Hill apartments, it is essential to work with a professional and qualified real estate agent who is both knowledgeable about and familiar with the area from a reputable company. You want to work with agencies that have the most inventory so that you are shown the largest amount of inventory on one showing to make the best decision. Moreover, it is important that, if you find an apartment you want, you move on it quickly. Hot properties on Mission Hill often rent within hours of being made active for rent. For September 1st move-ins, apartments in Mission Hill can be listed as early as December of the previous year, with the majority of apartments becoming available in January and February. Halfway through March, the remaining apartment availability is plummeting drastically as many of the late-comers are finding fewer and fewer options. Of the total 2,184 total analyzed listings, there is currently only a 7.6% availability rate for a September 1st move in date. MissionHillPads also provides gateway access to the largest apartment database in the Greater Boston Area with over 14,600 landlords and 120,000 potentially available listings throughout the numerous Boston neighborhoods and the surrounding suburbs. To learn more about Mission Hill real estate rental or sales markets, or to explore investment opportunities in the area, please visit www.MissionHillPads.com where one of over 150 qualified real estate professionals found on the website can help you with all your real estate needs.