Local News

Real estate news in Atlanta

Boston Surges in Labor Rankings

CareerBuilder releases new labor market rankings In late May, CareerBuilder released its second quarter Labor Market 150 Index, which attempts to evaluate and rank the country’s largest metros. Using data from the employment website’s data arm, EMSI, or Economic

Boston Residential Construction Strong in 2015

2015 shaping up to be good year for new construction in Boston Residential construction spending in the Boston area was down 1 percent year-over-year in May, but so far in 2015 is 23 percent ahead of where it was last year. Those were the two

Boston Rents Stay Strong in Second Quarter

How has Boston’s rental market developed in 2015’s second quarter? New data from Reis provides some perspective. Boston’s rental market has been one of the hottest in the nation, and new numbers from Reis on the second show show that trend

Distressed Sales Defy National Trend, Rise in Massachusetts

Over the last year, distressed home sales have become far less prominent in Massachusetts’ housing market Distressed sales throughout Massachusetts comprised 13.1 percent of all home sales in May, an increase from the 12.2 percent market share of a year ago, according to RealtyTrac’s

Boston Home Prices Rise Moderately in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Boston area posted lukewarm gains in Standard & Poor’s latest Case-Shiller Home Price Indices, rising 0.3 percent from March to April and 1.8 percent from April

Negative Equity Still a Problem in Boston

Progress has been made on negative equity front, but troubling trends persist In the Boston housing market, 8.5 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of latest

305 Microlofts at Commoncove Recently Opened for Previews

This June, the 305 Microlofts at Commoncove opened for previews. Located in Chelsea, these remarkable units were designed by Kevin Saba, who has 30 years of experience creating living spaces. This development is part of a broader, more serious

Boston’s Inventory Blues Worsen

In May, Boston’s housing inventory fell, while affordability worsened and sales declined – sound familiar? Single-family housing inventory in the Greater Boston area fell 16 percent year-over-year in May to a 3.3-months supply, while condo inventory dropped 16.7 percent

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

Millennials Priced Out of Boston

Boston one of the least affordable cities for Millennials The average Millennial can’t afford to live in Boston, according to the new Bloomberg Millennial Housing Affordability Index. Bloomberg L.P., a financial software and data company, compared the median home

CoreLogic: Boston Boasts Single Digit Negative Equity Share

CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the

CoreLogic: Boston Has Almost No Cash

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

Multifamily Dominates New Construction in Boston

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

CoreLogic: One Way Massachusetts’ Market is Better Than the Rest

Compiling data from CoreLogic, we review nearly a decade of distressed sales data CoreLogic released its distressed sales report for the month of March this week, and what the group revealed was nothing short of expected: REO and short sales

RealtyTrac: Nation Faces Zombie Outbreak

RealtyTrac’s Q2 Zombie Foreclosure Report shows macro progress and micro struggles Zombies are plaguing the nation, but no amount of shotgun shells and machetes are likely to help. Less likely to shuffle after a person’s brainy bits than they

Boston’s Median Rent Higher Than New York City

According to new study, Boston’s median rent is higher than New York City’s According to a study by New York University’s Furman Center for Real Estate and Urban Policy, Boston had the nation’s third highest median rent in 2013.

Oops! We could not locate your form.