Robert Nichols, Sharp Buyers

In May 2008, Boston Condominium sales volume decreased from 536 in May 2007 to 429 in May of 2008. This represents a 20% decrease in volume. Prices remained relatively even for the same period. In May of 2007 the Median price for Boston condo was $389,450 while in May of 2008 the median price was $388,000. This is a decrease of less than 1% in value, which means Boston Condo prices remain stable. Although prices remain stable the volume has significantly decreased which could lead to significant prices decreases in quaters 2-4 of 2008, if the volume doesn't rebound. This information was provided by SharpBuyer.com, Boston's Buyer Broker.

In May 2008, Boston single family home sales decreased from 111 in May 2007 to 73 in May of 2008. This represents a 34.2% decrease in volume. Prices also decreased for the same period. In May of 2007 the Median price for a single family in Boston was $385,000. In May of 2008 the median price was $356,000.00. This is an 8% decrease in value. Based on the data, it is clear that Boston single family home sales continue to decline. Home buyers stand to benefit the most during these market conditions. This information was provided by SharpBuyer.com, Boston's Buyer Broker.

Through the first quarter of 2008, San Francisco home sales are down approximately 55% in volume but prices experienced a slight rise of 3% based on the median value, compared to quarter 1 of 2007. While homes sales volume has dipped into a range not seen since 2003, the median value of homes has remained relatively stable. San Francisco home values have actually remained relatively stagnant since Q1 2005 and have remained just about even over the last 3 years. Based on the data, San Francisco shows signs of being a strong market but with the large dip in sales volume for Quarter 1 2008, there may be a significant price decrease to follow in Quarter 2. Prices will certainly decline if the the volume does not pick up soon.

San Francisco consumers looking to purchase a home are certainly in the driver’s seat. The sharp decline in sales volume has genrally made sellers much more flexible and willing to work with buyers. Many buyers have decided to wait until the market bottoms out, but the only way to know when the market has hit rock bottom is when it starts to come back up. That being said, if you are in a position to purchase real estate, this is the time to buy. The Market may continue to slide but if you buy a home you can afford with the intent to live in it for 3-5 years, you will be able to weather the storm of an unpredictable market.

SharpBuyers.com Realtors will provide you with the tools to better understand the market and identify what type of property best suits your needs. In addition to their real estate knowledge and expertise, SharpBuyers.com Realtors will provide you with with a real estate rebate of up to 50% of their commission at closing. The rebate can be used for closing costs or any way a home buyer desires.

The Mandarin Oriental is a highly anticipated luxury real estate project located at 800 Boylston St in the Back Bay of Boston. The building will feature 50 condominiums, 25 apartments, 148 guest rooms and mixed retail space including a 16,000 square foot spa. The Mandarin and its highly touted management team promise to provide the highest quality of service to all who reside in its quarters.

The Mandarin Boston will open in October 2008. It was originally slated to open in July of 2008 but after a fire that seriously damaged the spa; the opening date was pushed to October. There are currently three four condos available in this citadel of luxury. The amenities include the renowned Mizu Salon, a huge fitness center and spa, restaurants, and 5-star hotel services at the push of a button. And for an added bonus, the mandarin is adjacent to the Prudential Center, Copley Square and one block from Newbury Street. Residents also have indoor access to the Acela Express train to New York directly from the hotel.

To schedule a showing please contact SharpBuyers.com, Boston's Standard For Luxury Real Estate!

SharpBuyers.com Enters New York Real Estate Market As The First Company Offering New York Home Buyers A 50 Percent Commission Rebate

With The Recent Law Change Regarding Real Estate Rebates In New York, SharpBuyers.com Is Now Helping New York Home Buyers Pay Their Closing Costs By Connecting Them To Local Realtors Who Provide Full Service And A Real Estate Rebate At Closing.

New York, NY (PRWEB) May 22, 2008 -- SharpBuyers.com, the national Real Estate Referral service, today announced their entry into New York. The Boston based company provides home buyers with free information and resources about buying a home, and connects them to local Realtors that provide a real estate rebate at closing. On May 21, 2008 SharpBuyers.com successfully connected their first home buyer to a New York Realtor. "We are very excited to be the first company to offer New York home buyers a 50% commission rebate." says Co-Founder Robert Nichols. "As a result of the internet and technology, home buyers are becoming more educated about the home buying process and it is only fair that they reap the benefits of their diligence." The United States Department Of Justice also supports rebates and states on their website "rebates significantly benefit consumers in savings on buying or selling a home."

As a result of the internet and technology, home buyers are becoming more educated about the home buying process and it is only fair that they reap the benefits of their diligence.

SharpBuyers.com provides information and resources to consumers for free. Revenue is generated through referral agreements with brokers throughout the country. The Realtors in the SharpBuyers.com network include brokers and agents from RE/MAX, Prudential, Coldwell Banker, EXIT Realty, Long & Foster, GMAC Real Estate and several other brokerage firms.

For more information about Sharp Buyers, please visit SharpBuyers.com or contact Robert Nichols