The Pendulum Has Swung
Rental market has been fragile for a few years now with inventory levels going up and burgeoning neighborhoods adding units attracting a new population of renters. It was really only a matter of time until options were plentiful, rents capped off and the supply outweighed the demand. It’s not like we didn’t see this coming. Top it off with a “black swan” and the proverbial bucket runneth over. We’re halfway through May and there are plenty of June options out there. Once June 1st hits, what were June options become July options which makes July inventory levels swell. It’s like…
KREM Crew
Let me pull back the curtain a little bit. I’m mostly comfortable allowing myself to be vulnerable. I’m going to take an opportunity here to humble brag for a minute. 2019 was an incredible year for KREM. Our team (the #KREMcrew) worked their butts off to ensure all of our rental clients were taken care of. This means having no exclusive rental inventory left behind post-9/1. Because we were able to partner with some really extraordin This story isn’t old. It’s from 4 months ago until now. KREM was a small group with lofty goals and BIG projects on the…
When Charming Loses its Charm
It was something I heard a lot when I moved to Boston and a phrase I used as a rookie agent when showing apartments. Charming. I used to really feel like old units WERE charming. The gracious foyers with the chandeliers and crown molding. The walnut stained wainscotting hugging the sides of a winding staircase. The leaded glass hutch carefully installed in the dining room wall. That word then became synonymous with a place being, well, a dump. We would joke that it was “charming” rather than a sh*thole. So when did charming lose its charm? You could argue several…
How Low Rents Can Kill You
Perception is reality. I once heard that the popular Peloton bikes were once half the price than they are now. At that price point, they had a really difficult time selling. After a re-brand and price increase they have now become the most popular at-home exercise brand on the market today. How does RAISING the price actually help? For starters, it invokes a quality that otherwise may not be assumed. Giving the product the gravitas- whether that’s a high price or shiny accoutrements- will help give it value. Something the consumer can see/touch/feel or at the very least, perceive. There…
Coolidge Corner Theater
There are a million reasons to love the Coolidge Corner theater. Aside from the amazing selection of films they feature- everything from Hollywood blockbusters to limited theater run indie films- to their 35mm features, this theater is oozing with style, character and history. Here are a couple of notable historical facts about this Coolidge Corner landmark- It was opened in 1903 as a Universalists Church and converted to a one screen, art deco theater in 1933 Was sold to a real estate developer in the late ‘1980’s and was thought to be all but over - instead the developer offered…
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