Local News

Real estate news in Boston

Strong Price Appreciation Threatens Affordability

Slow home prices in December are likely to roll over into 2015. Early today, February 3, CoreLogic released its Home Price Index for December 2014. While price appreciation was relatively flat from a month prior, CoreLogic researchers found prices

New Construction in Boston Took Several Steps Back in 2014

2014 was a lackluster year for new construction in Boston, according to the latest stats. Total residential construction spending in the Boston area was $3.539 billion in 2014, a 13 percent decrease from 2013, according to new numbers from Dodge Data

How Boston Will See 50,795 New Homebuyers Enter the Market

Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Boston area is poised to see more than 50,000 potential homebuyers enter the housing market fray over the next seven

The Top 3 Trends in Boston Housing in 2014

Boston’s housing market in 2014 failed to live up to 2013’s expectations; what were the defining trends, though, in that 2014 market? To find out, we took a more detailed look at GBAR’s numbers, and we collected our analysis

No End in Sight For Boston’s Inventory Spiral

We’re all waiting for Boston’s housing inventory situation to improve…but that has yet to happen. The inventory situation in Boston continued to worsen in 2014, according to new numbers from realtor.com. Per realtor.com’s analysis, inventory in Boston dropped by a whopping 19.3

Boston Closes Out Rough Year of Real Estate in 2014

Boston’s market performed well in 2014, but not at the levels of 2013. Boston’s 2014 housing market finally drew to a close last month, and we’ve been studying the latest GBAR analysis for inklings on how the market performed.

Boston Home Prices Moderate Further in New Case-Shiller

Home prices in the Boston area did not set the indices on fire in the latest Case-Shiller. Home prices in the Boston area continued to moderate in November, falling 0.2 percent from October but rising a modest 4.0 percent from Nov. 2013, according

Boston Ranks Amongst Richest Cities in U.S.

While one might be lead to believe that the richest cities are the places with a ton of million dollar homes, lots of culture, job opportunities and beauty, the cost of living in these places is really high as

Think Micro-Apartments Will Solve Boston’s Affordability Crisis? Think Again

Micro-apartments were pegged as the solution to Boston’s issues with housing affordability…but are they? It seems like a perfectly logical strategy at the time: incentivize developers to construct hundreds of new micro-apartments – small, compact living spaces of 400

SPECIAL REPORT: Boston Sees Healthy 2 Year Decline in Foreclosures

Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels

These Will Be Boston’s 5 Hottest Neighborhoods in 2015

What neighborhoods in the Boston area will see the most real estate activity in 2015? Inman Square is poised to be Boston’s hottest real estate market in 2015, according to a special report from Redfin. In Redfin’s “Hottest Neighborhoods of 2015”

McCarthy Begins Term As President Of Greater Boston Association of Realtors

David McCarthy, the operating partner for Keller Williams Realty Boston-Metro and Keller Williams Realty Chestnut Hill Market Center, was recently installed as president of the Greater Boston Association of Realtors for 2015. The installation ceremonies took place at Brae

2014 a Record-Setting Year For Boston’s Condo Market

Things may have been a bit inconsistent for Boston’s housing market, but its condo market was very strong. Boston’s housing market was a hotbed of contradictions and nuances in 2014, but one area showed undeniable strength – the city’s

October Cash Sales in Massachusetts Remain at Pre-Crisis Levels

Cash sales are on the decline, but still represent a large chunk of the market. Recovery was the word in 2014, as the national real estate market shifted and readjusted to find its footing, and as we slowly begin

Despite Price Increases, Boston Still an Undervalued Metro Area

We’ve come a long ways since the market crash, but new research suggest we’ve still a ways to go. Asking prices may be up in Boston by 5.1 percent, but the market remains undervalued to market fundamentals, according to a new

Boston Ready For Tallest Skyscraper in 40 Years

Amidst the construction boom underway in Boston, one structure clearly stands out. Earlier this week, developer Richard L. Friedman began construction on 1 Dalton St., a 700-foot tower that is poised to be Boston’s tallest skyscraper in 40 years.

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