Against a backdrop of limited listings, Massachusetts saw double digit growth in the median price of single-family homes in April. In total, the state's median single-family home price was pegged at $313,000, reflecting a near 14 percent increase compared to the same period of last year. Buyer demand and a tight housing inventory pushed up [...]
There's been a lot of speculation where the local real estate market is headed this year. Some industry experts believe that 2013 will be the banner year for Boston's comeback, as property prices have been booming since the second half of 2012. Some say that it'll take time before the market ultimately "heals", hinging the recovery on the [...]
There's a new area being developed in Allston - and no, it's not just for students. The "Green District" is an eco-friendly residential area near the Griggs Streets MBTA stop in Allston that's being developed by Mount Vernon Co. The area is planned out such that residents are ensured that they have full control of their utlities and avoid [...]
Rental occupancy rates have once again risen, which means competition for apartments and other rentals can be fierce. But if you're a renter looking for a new place, you still need to be sure your home will meet your needs, and that means looking for more than just adequate square footage, a couple of closets and a [...]
With more people renting than buying, and occupancy rates continue to escalate, being an apartment hunter in the Boston rental market is no easy task - especially if you're battling with students who come in droves almost every quarter. In fact, the rental occupancy rate in the city was a whopping 85% last year, the highest it's been in four [...]
There's been an awful lot of signs that suggest now is the right time to invest in real estate once again. And as any prudent investor would know, it's hard to turn a blind eye to opportunities, especially if they're right in front of you. Yet, as any experienced real estate investor will tell you, not all investment properties are created [...]
You would think that in a traditional and historic city such as Boston, there would be a great majority of real estate investors that belong to the above 40 year-old demo graph; more specifically, baby boomers and whales that have risen to wealth and power. If that indeed was your trail of thought, then you're mistaken, because that clearly [...]
Times have indeed changed. Yesterday, we brought you the good news that Massachusetts set a nine-year home sales record - a feat that is a clear indication of the the real estate market's comeback. But, despite this piece of praise-worthy accomplishment, there are still properties out there that buyers find difficult to deal with. Why? [...]
We've all heard about how good Massachusetts is doing in terms of picking up its real estate pace - numerous projects are being inked almost on a weekly basis, home prices have rebounded ever since the financial and property downturn, and reports from various organizations have also lifted up property owner's spirits, providing them with [...]
It's been a rough five years, but Fenway Center is finally on its way to fruition. The five-building complex, planned prior to the 2007 economic downturn, was finally given the go ahead by the state Department of Transportation, as well as city councilors. John Rosenthal, along with representatives from project partner Meredith Management [...]
