Local News

Real estate news in Boston

Homes staying on the market longer, sellers feeling the pressure

The median age of inventory in Boston is 38 days, down from 47 before the pandemic began.

New luxury Back Bay residence opens for occupancy

A newly constructed luxury residence at 212 Stuart St. is open to residents.

Boston mayor announces plans for revitalizing downtown

Mayor Wu releases report that includes a relaunch of BPDA’s PLAN: Downtown.

Massachusetts named one of the safest states in the US

The Bay State also came out top when it comes to road safety.

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller 

In Boston, home prices posted an 11.4% year-over-year gain in August, compared to a 1.3% gain in July. Month over month, prices fell 1.2%.

September home sales decline, price increases slow

Last month had the fewest number of single-family sales in the month of September since 2014.

Median sale price falls as new home, condo listings rise

Economic uncertainties continue to impact the Bay State housing market, as affordability challenges once again priced out buyers in September. 

Wu signs executive order to accelerate affordable housing production

It can currently take up to 337 days to approve affordable housing; Wu hopes to reduce that time by half.

16 Massachusetts cities make Best Small Cities in America list

More than a dozen Massachusetts communities were named to Wallet Hub’s 2022 Best Small Cities in America list. Three of those towns ranked in the top 10.

Two Massachusetts cities make Money Magazine’s 2022 Best Places to Live list

Two Bay State communities made the publication’s list of 50 Best Places to Live in the U.S.

Lawmakers push bill to tax real estate transactions over $2 million

The Massachusetts House of Representatives advanced the bill, which was filed as a home rule petition by Mayor Michelle Wu in February to be used to create and preserve affordable housing in the city.

Two Brighton developments to bring more than 150 housing units

The Boston Planning & Development Agency approved the projects at its September meeting.

Bidding wars fall to lowest level since April 2020

In Boston, 54% of Redfin offers faced competition in August.

The Procopio Companies promotes four team members

The promotions follow the hiring of the company’s new director of operational excellence and the company’s first CFO.

Archeologists to dig at Roxbury site that may have housed enslaved

The property was designated a landmark in July of 2021 and sits at what is believed to be the location of the former Shirley-Eustis House.

Report finds buyers and sellers hesitant to enter the market

Over the summer homebuyers and sellers alike took a big step back amid rising interest rates and recession fears.

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