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South End Opening Celebration

South End Office

We had a wonderful Grand Opening with friends and colleagues, old and new. Visit facebook.com/remaxdestiny to see more photos or comment.

For Immediate Release

RE/MAX Destiny Opens Collection Office  in Boston’s South End.

Boston, MA– September 24, 2015 – RE/MAX INTEGRA, New England is pleased to announce that RE/MAX Destiny has opened a new RE/MAX Collection office located in Boston’s South End at 55 Waltham Street. The office is owned and operated by Broker/Owner Paul Turcotte and marks his third RE/MAX Collection office, joining locations in Cambridge and Jamaica Plain.

RE/MAX Collection offices and agents specialize in marketing luxury homes, and have access to unique tools and resources that allow them to deliver premier service. RE/MAX has more Certified Luxury Home Marketing (CLHMS) designated agents than any other real estate brand.

“The new South End location is a great addition for Paul and his team,” said Dan Breault, Executive Vice President and Regional Director of RE/MAX INTEGRA, New England. “The city of Boston is experiencing a boom in the luxury market, and this office is perfectly timed to react to high consumer demand.”

Opening Friends RE/MAX Destiny specializes in luxury condominium marketing, condo        conversion and development. They rank consistently as one of the top ten  companies for condominium sales in Massachusetts. RE/MAX Destiny has  seen a 23% increase in agent count since 2012, and sales volume has increased  107% from January to July of 2015, over the same period in 2012.*

 Turcotte has more than 25 years of real estate experience and  opened his first RE/MAX Destiny office in 1999. His team is comprised  of 65 experienced, professional agents.

 “The new office is a perfect complement to our other two locations in Cambridge and Jamaica Plain,” said Turcotte. “The South End location fills the gap right in the heart of the city, which allows us to fully cover all aspects of Boston’s luxury real estate market.”

*Data provided by RE Stats.

About RE/MAX INTEGRA, New England:

Since its inception in 1985, RE/MAX INTEGRA, New England has grown to over 200 offices and 2,700 sales associates throughout Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, providing franchised residential and commercial real estate services to its franchisees and their real estate professionals.

RE/MAX of New England is owned by RE/MAX INTEGRA, a privately-held company headquartered in Toronto, Canada. RE/MAX Integra is the largest sub-franchisor of RE/MAX, LLC worldwide, and represents 28,000 agents and approximately 30 percent of RE/MAX, LLC.

For more information about RE/MAX of New England or RE/MAX INTEGRA, visit the RE/MAX of New England blog at www.remaxne.com and follow us on Twitter at @REMAXNE. RE/MAX is proud to help raise millions of dollars and support local charitable organizations including Children’s Miracle Network Hospitals.

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Welcome Michaela Hellman

We are very excited to announce that Michaela has joined  RE/MAX Destiny.

Michaela is a Boston-born lifelong resident, having grown up in Brookline and Jamaica Plain. She was a Corporate Trainer that traveled all over the U.S. prior to embarking on her career in Real Estate in 2002.

Michaela prides herself on client satisfaction. Her business is built on past and present clients, their friends and their colleague’s referrals. She is an experienced and respected professional that can effectively solve housing needs and desires. She is thrilled to have a career that combines her interests in architecture, construction, green building and most important of all, helping people improve their lifestyle through a new home.

“I’m inspired and excited to have joined such a productive, technologically advanced company. I’m looking forward to leveraging such a central location and powerful tools to better serve my Cambridge/Somerville and Boston/Brookline clients.”

Michaela has earned the Accredited Buyers Representative designation-ABR and is a Graduate of the Realtor Institute – GRI.

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Cost Of Renting A Home On The Rise

Tim Schmidt, our rental manager was interviewed by WBZ-TV about the cost of rentals in the Boston area.


 

By Joe Shortsleeve, WBZ-TV Chief Correspondent

August 15, 2012 12:01 AM

BOSTON (CBS) – It’s a question that frustrates tenants across the state:  why are rents so high?

In fact, rents in the Greater Boston area are among the highest in the country.

By one estimate, it takes $1,700 to get a unit in the suburbs and $3,000 in downtown Boston.

“This season has been extraordinary.  Rents are super high.  I think the vacancy rate is 3-percent right now,” said Tim Schmidt of REMAX Destiny in Cambridge.

That vacancy rate is second only to San Francisco.

Schmidt believes one reason for the high rents is good news.  The region’s job market is stronger than most other cities.

“You see a lot of start- ups, a lot of bio-tech,” said Schmidt.  “There are people starting jobs in the $70,000-$100,000 range and moving to Boston.”

Although there have been new units added in unconventional areas like adjacent to Fenway Park, inventory cannot meet demand.

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Cambridge Condo Trends – May 2012

 

Cambridge Summary: Inventory continues to remains below last May by 42%. ~ Condo listing $ volume is down by 34.5% from 152 million to 100 million in total market value. ~The median list price is up $14,900 or 3% with days on market dropping from 3 months to 2 months on average before going off market. ~ Condos that went under agreement were up  by 13 units or 11%. Cambridge condo sales month to date are up by 18% with year to date number sold condos up by 5%.

Sold $ volume YTD improved 03.7% from $106 million in 2011 to $111 million this year. The median sale price improved by 7% with the ratio of sale price to original price increased to 98% due to multiple bidding and reduced time on market. ~ The average square foot price for April was $467 per square foot with the average living areaof 1,011 square feet.

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Somerville Condo Trends Year End 12/11

Somerville Summary: Condo inventory was down by 3% over last December. ~ Listing $ volume, however was up by 5.8% from 34 million to 36 in 2011. ~ The median list price shows an increase of 7.6% with the active days on market showing more demand by improving to 96 days from 122 days in 2010 ~ Condos going under agreement increased by 12% and the $ volume is up a modest 1.3%. ~ Condos sold for the month dropped 27% with YTD showing a loss of 7% compared to 2010. ~

Somerville condo sold $ volume for the month decreased sharply by 40%, YTD dropped 3.7% from 141 million in 2010 to 136 million for 2011. ~ Sold average days on market increased improved by 23 days. The original price to sale price ratio dropped by 2% to 90% of the original list price. ~ The average square foot price dropped to $296 per square foot from $320 with the average condo size of 1,270 square feet shrinking to 1,105 square feet.

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