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This Week in Boston Real Estate: A jump in “extreme” condo offers, a West Roxbury controversy and more

by Bill McBride

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Notable news this week included a jump in “extreme” condo offers and the development of two acres in West Roxbury. Catch up on this week’s real estate news with our weekly roundup:

•Developers propose housing for Boston’s expanding wealthy population- Two acres of land in West Roxbury are proving hugely controversial. The Boston Business Journal explores the issue here.

•’Extreme’ offers drive up Boston condo prices- Buyers purchasing condos after making offers upwards of $50,000 over asking price are increasing, a trend surprisingly not limited to luxury markets, according to an article at Boston.com’s Real Estate site.

•Agent-branded app helps agents collaborate with clients- NAR’s tech incubator has welcomed a new company on board – RealScout, an agent-branded Web and mobile platform. Check out the details on Realtor.org’s website.

•Panel discussion at the 2016 Realtors Legislative Meetings & Trade Expo- The FHA’s new appraisal guidelines are creating confusion among appraisers and agents. Read NAR’s overview of the problems here.

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