Today’s Top News: The last week of October is the best time to buy in Boston

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Gibson Sotheby’s International Realty expands, acquires Unlimited Sotheby’s International Realty

The acquisition is part of Gibson Sotheby’s International Realty’s mission to expand its footprint across the Boston area.

Boston ranks No. 2 in North America for community spirit

Bostonians know all about community spirit, so it comes as no surprise that Beantown took a top spot in a ranking of U.S. cities with the most community spirit. 
Boston is the third-most popular city for Gen Z

Boston had one of the highest net migrations in the country among Gen Z adults.
Luxury home prices hit all time high; record number cash sales recorded

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.
Boston Housing Scorecard: Housing starts rise as inventory tumbles

Meanwhile, existing home sales dropped as days on market increased.
Cape Cod town is a top spot for first-time homebuyers

A new report has named a Cape Cod community one of the top 10 best cities in the nation for first-time homebuyers.
East Boston planning initiative gains BPDA approval

A new vision for East Boston has been approved following five years of planning and community discussions.

Navigating Boston’s cost of living on a $100K salary: How far does It stretch?

Living in some of the country’s top cities can get pretty expensive, and Boston is no different.
New housing coming to Dorchester, South Boston

The Boston Planning & Development Agency approved several new development projects at its January meeting, including two that will bring nearly 350 units of residential housing in Dorchester and South Boston.

State launches resources to support housing production, preservation

Twenty-six projects in 19 communities will be supported by state funding and tax credits
Gov. Healey prioritizes production as key solution to housing shortage

Housing was a key topic during Healy’s State of the Commonwealth address, one day before testifying in favor of the Affordable Homes Act before the Joint Committee on Housing.
Boston sees slower home sales, rising prices, shrinking inventory to end the year

December was the slowest month for single-family home sales in more than 25 years.

Mayor Wu unveils ‘home for every generation’ vision in State of the City address

Michelle Wu says Boston is planning for a more affordable, equitable and resilient future to help address challenges cities everywhere are facing, including housing prices “squeezing out” families.
2023 Massachusetts home sales hit 12-year low

Massachusetts single-family home sales fell to a 12-year low in 2023, according to a new Warren Group report.
Inventory, affordability impacting Massachusetts homebuyers

Amy Wallick, 2023 MAR president and realtor at Lamacchia Realty says while low inventory continues to create challenges for buyers, she encourages homeowners to consider entering the market. 
Boston home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.