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The rental market in Boston has been red-hot for some time now, and it is approaching a milestone The average rent in Boston’s housing market is nearly $2,000, and the area’s rental growth remains strong. Those were the main findings in the latest
Sales continued their strong march forward in August, as CoreLogic reported both year-over-year and month-to-month increases. While the extent of home price gains varied often and sometimes greatly from metro to metro in August, the national direction has remained
Boston has one of the nation’s hottest housing markets, but what neighborhoods are seeing the most activity? According to the latest research from GBAR, it takes of average of 44 days to sell a home in the city of
Massachusetts Best Overall Thanks to Top School System Ranking, High Salaries Massachusetts was ranked as the best state for teachers in a WalletHub study. The study looked at subjects such as the job opportunity for teachers in U.S. states, along
CoreLogic released June cash sales data this week, which showed that cash continues to trickle out of the market. Nationally, cash sales made up 31.3 percent of total home sales in June, down from 33.9 percent the same time
Where in the city of Boston are incomes the highest? Back Bay is Boston’s most affluent neighborhood, according to a Boston Redevelopment Authority (BRA) study of U.S. Census Bureau data. With a per capita income of $88,419.77 and a per
Did the latest Case-Shiller present more of the same for housing? Home prices in the Boston area were up 1.1 percent from June to July and 4.3 percent from July 2014, according to the latest Case-Shiller Home Price Index from Standard & Poor’s. The
Boston ranked as the ninth best city for Millennial workers, according to PayScale, a data-driven benefits and compensation firm. Boston had a median millennial salary of $56,300. The study, which analyzed data from 650,000 surveys filled out over two
Building on a strong July, home sales in the Greater Boston housing market showed considerable activity in August, with the month’s 1,720 single-family sales representing a 13.5 percent increase from a year ago. Pending sales, according to further research
Massachusetts ranked No. 6 on the list of America’s richest states. Financial news and opinion platform 24/7 Wall St. identified the richest and poorest states with the highest and lowest median household income, using the U.S. Census Bureau’s 2014 American
Using Redfin’s home sales data from August 2015, Boston.com discovered that dozens of neighborhoods saw mediocre sale-to-list ratios over 100 percent. In other words, the average home seller in those areas received more than their initial asking price. By
Since last year, more than one million homes have found their way out of negative equity, a report from CoreLogic revealed. Since the second quarter of 2014, when 5.4 million homes, or 10.9 percent of all residential mortgages, were underwater, strong
Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in
State officials caught off-guard by price of initial construction The full cost of a set of seven new trolley stations as part of Boston’s Green Line extension is being questioned after a contractor set the cost for the first
Boston is changing. With shifting demographics, a more conglomerated metropolitan area and the impending effects of climate change on a coastal city, influencers in Massachusetts’ capitol are dictating plans to transform the metro to better reflect its contemporary makeup.
Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of
