In the past year, the luxury market in Boston has risen significantly. Despite the lack of inventory, Gibson Sothebys International Realty yet again had an extremely successful year putting $1 Billion worth of sales under agreement in 2014.
The surge of luxury properties in Boston has been catching and keeping the attention of international buyers. Recent trends show that international buyers are motivated by Massachusetts improving economy, school systems and new direct connection flights from Logan to various locations in the world. Asian buyers, specifically Chinese, are on the rise here in the Hub. With this being said, here is a sample of international buyer transactions from Gibson Sothebys International Realty completed in 2014:
Boston is an international city that has proven to attract residents from all over the world. These trends are predicted to only grow stronger in upcoming years as international transactions become more apparent. To go along with the unsurpassed global reach at Gibson Sothebys International Realty, they now have 8 offices in Boston, Cambridge and Westwood backed by more than 15,000 sales associates in over 720 Sothebys International Realty offices in 56 countries and territories. This extraordinary network leads to successful international transactions providing white glove services not only in Boston but across the globe.
For more information, contact our Director of Relocation,Nicole Rideout, by email at nicole.rideout@sothebysrealty.com or by telephone 857.362.1758.
