Staying competitive in a growing condo marketplace can often mean attention to detail. Second only to location, it is those little details—a property’s included amenities—that often sway the balance for a potential condo buyer. And as Am…
Tag: Real estate
Two important shifts in U.S. demographics are playing a role in planning the future of condominium communities. First, the nation’s population, including that of New England, is becoming more racially and ethnically diverse. Second, peo…
Q My Massachusetts condo association commissioned an environmental report to determine the cause of mold in my closet. It pointedto poorly-caulked exterior, lack of waterproofing, and general poor maintenance of the common area. They qu…
Good information and clear communication are crucial for anyone involved with the administration of a condominium or homeowners association—crucial not just to thriving, but surviving in today’s challenging economic times. Finding that i…
As annual and quarterly budgets come up for review, associations are looking to cut additional costs anywhere and everywhere they can. But how much more “fat” can be trimmed from budgets? Surprisingly, there are a few unsung cost saving …
Few things can be as upsetting as discovering that the dollars and cents that fuel a community association have been mishandled or worse yet, stolen. For residents, fraud undermines their sense of trust in the men and women who…
The roller-coaster ride labeled “2008” is over at last. But will its replacement be just as wild? Or are we in for a calmer time in 2009? It’s impossible to know what lies ahead, though any number of “experts” will offer forecasts rangi…
Perhaps you are entertaining the thought of running for your association board presidency. Or maybe by altruistic desire, default or coercion, you already find yourself wearing that hat. Are you up for the challenge? What lead…
The Harbor Towers, a pair of 40-story residential buildings designed in part by noted architect I.M. Pei, offer some of the most exquisite views of the Boston harborfront and skyline. Once out of place in what was a district of warehouse…
Any manager or trustee who has been around for at least three years has noticed the recent sharp turn in the real estate marketplace—from red hot in 2005 to ice cold in 2008. How could that have happened? What are the politicians saying …