Local News

Real estate news in Boston

BPDA approves $1.4B Fenway Corners development

Fenway Corners will include eight mixed-use buildings with office space, labs, residences, retail and restaurants.

Boston home values reach new peak as inventory drought intensifies

As more owners continue to hang onto their houses, home values locally and across the nation have reached a new peak, but it comes at a cost.

Boston launches office-building-to-housing conversion program

Boston will launch a new “Downtown Office to Residential Conversion Pilot Program,” developed to incentivize converting underutilized office buildings to residences, Mayor Michelle Wu announced this week.

Massachusetts Housing Investment Corp. announces new board members

Three new board members were recently elected to the Massachusetts Housing Investment Corp. (MHIC) at its 2023 annual meeting. 

Boston among top 5 cities with highest share of luxury listings

Point2 compared the share of luxury listings across the 30 largest U.S. cities — and Boston is among the top echelon.

Greater Boston’s housing supply tops country in latest report

It’s not just its housing supply that’s showing the Boston market is in peak season, according to the latest RE/MAX National Housing Report.

Boston Housing Scorecard: Housing Inventory Rises in June

Housing starts and sales fell, while inventory rose and days on market dipped, according to the latest installment of Boston’s Housing Scorecard.

Quincy residential development finishes second construction phase

The second residential building in the Ashlar Park residential community is now complete and preleasing units for September occupancy. 

Construction begins on first phase of Charlestown’s Bunker Hill Housing redevelopment

The Charlestown development is the largest public housing redevelopment in the city’s history.

Boston’s housing market remains competitive, despite slower sales

Boston’s housing market remained competitive last month, despite a slower pace of transactions, according to the Greater Boston Association of REALTORS (GBAR) May housing report.

Massachusetts home prices remain flat as sales decline

Massachusetts home prices remained flat in May as sales of both single-family homes and condominiums continued to fall, according to a new Warren Group report. 

Low inventory impacts Massachusetts’ summer real estate market

Low inventory continued to plague the Bay State’s summer real estate market in May, as new listings and closed sales declined again.

Coldwell Banker Realty New England mourns death of agent Brian Long

Affiliated with Coldwell Banker’s Cambridge office, Long was a member of The Team – Real Estate Advisors. 

Boston’s housing shortage cracks national top 10

Boston’s job market is hot right now — further exacerbating the city’s housing shortage, according to new research from PortlandRealEstate.com.

Study finds more than 30% of Massachusetts communities don’t meet CPA mandates

The Tufts Center for State Policy Analysis study found housing is not being funded nearly as much as open space, recreation and historic preservation.

Boston real estate agents, teams make RealTrends’ 2023 ‘The Thousand’ rankings

The 2023 RealTrends + Tom Ferry “The Thousand” rankings of the nation’s top-performing real estate agents and teams were just released, and several Boston-area agents and teams made the cut.

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