Plan to Retire in Boston?

Depending on your age you may not be considering your future retirement or what you can do to plan now for that future.  Sure, there are investments and such, but what about your home? How could where you live help you down the road when it is time for retirement? There is a large difference in family wealth between Boston homeowner households and Boston rental households. Most of that difference is the result of equity built up over time.  In a report recently released by the nonpartisan Employee Benefit Research Institute (EBRI), they reveal how valuable equity can be in retirement planning.

Craig Copeland, Senior Research Associate at EBRI, recently authored a report, Importance of Individual Account Retirement Plans and Home Equity in Family Total Wealth, in which he reveals:

“Individual account retirement plan assets, plus home equity, represent almost all of what families have to use for retirement expenses outside of Social Security and traditional pensions. Those families without individual account assets typically have very low overall assets, so they have almost nothing to draw from for retirement expenses.”

So what can you do? Invest in your future with a home of your own in Boston. 

When you are ready to buy a home in Boston, contact an experienced Boston real estate agent. I am committed to providing you with the highest quality buyer service. When making the type of investment that buying a home requires, you deserve to have all the latest market information and the very best advice, both of which I can provide you with. I hope to speak with you soon!

Lucas Garofalo

Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com

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Boston July Fourth Festivities 2019

Summer is in full swing and June is dwindling down, now the next big summer event is the Fourth of July! Boston, MA is the perfect place for celebrating our nation and partaking in some Fourth of July festivities. If you don't have plans yet I have compiled a list of some Boston favorites for you to explore this weekend.

Boston Pops Fireworks Spectacular. If anyone knows how to do fireworks right, it's Boston, MA! The Boston Pops Fireworks Spectacular is a two day celebration on July 3^rd and 4^th featuring musical performance on both days plus the spectacular fireworks show on July 4^th. This year's headliner along with the Orchestra is The Texas Tenors. It really can't be beat, come celebrate with Boston on the Esplanade!

Boston Harborfest. A favorite yearly destination by locals and tourists, the 33^rd Anniversary celebrations start July 1^st and continues through July 7^th. The festival showcases the colonial and maritime heritage of the cradle of the American Revolution: the historic city of Boston! Several activities and tours are planned daily at Boston Harborfest, including a parade on the fourth.

In addition to the festivities I have listed above, there are numerous other festivals throughout the summer. Once you buy a home in Boston and get acquainted with your neighborhood, you’ll find all of the hidden gems that the locals rave about and return to year after year. Summer is a fantastic time to buy a home in Boston. All your new neighbors come out of hibernation and are outdoors, making it easy to develop new friendships. If you’d like a personal guide to help show you around the city, please contact a Boston real estate agent, it’s my pleasure to show newcomers what a great place Boston is to settle down.

Lucas Garofalo

Keller Williams Realty

(617) 861-3631

Lucas@LucasBostonHomes.com

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Paint Picks to Help Sell Your Boston Home

One of the most important rules of thumb when you’re preparing your Boston home for sale is to look at it from a buyer’s point of view, not just from your own. Nowhere is that truer than in the wall colors you choose. You may love strong colors and have very stylish décor that goes with them, but color can present several drawbacks when it comes to sell your Boston home. 
 
Of course, that doesn’t mean you should always paint all the rooms boring beige before you put a house on the market. In fact, that could conceivably have the opposite effect, making a house seem plain-Jane (especially if it’s limited in architectural detail or is under-furnished). The ideal is to choose colors with just the right touch of life to them: neutral enough to present a blank canvas, but interesting enough to add some character. Some picks from the experts include the following colors for all around livability and great for resale on sell your Boston home.

• Shale, by Benjamin Moore
• Accessible Beige, by Sherwin-Williams
• French Grey, by Behr
• Alexandra Beige, by Benjamin Moore

Are you ready to sell your Boston home? I’d be happy to work with you to give you a comparative market analysis of your home and speak about timing your sale just right. A Boston, MA real estate agent will have their finger on the pulse of the market and know the best way to proceed. Contact a Boston, MA real estate agent today! We hope to hear from you soon.

Lucas Garofalo

Keller Williams Realty

(617) 861-3631

Lucas@LucasBostonHomes.com

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