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This Week in Boston Real Estate: Aging millennials, Suffolk Downs progress and more

Resistant as they once might have been, as some millennial age, they may stop idealizing city life and start desiring bigger homes and yards at a lower price — especially if they have kids. A recent realtor.com study uncovered

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Boston a hotspot for real estate startups

The transformation currently underway in Boston is multifaceted — development is booming, population is growing and its weather continues to be a factor. Entrepreneurs have taken notice, and startups with innovations focused on building are popping up around the

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Boston mayor sets sights on city buildings for more housing

Boston’s lack of housing — particularly affordable units — has long been a focus of Mayor Martin J. Walsh, who has a goal of adding 53,000 new housing units around the city by 2030. Now he’s focusing on a

CoreLogic: Home prices increase for fifth consecutive month

Home prices continue to significantly rise both year over year and month over month, according to CoreLogic’s Home Price Index (HPI). U.S. home prices in December 2017 were a substantial 6.6 percent more than December 2016 and 0.5 percent more

Top 5 closings in Boston real estate for 2017

Source: Anfuso Imaging 1. A 6.35-acre seaside estate located on 26 & 32 Neel Road in Harwich was sold for $14 million by real estate veteran Paul Grover, who launched Robert Paul Properties Inc. in 2009. This gorgeous coastal

This Week in Boston Real Estate: Luxury development EchelonSeaport adds space, amenities

Luxury three-tower residential development EchelonSeaport in Boston’s bustling Seaport District — which includes 717 residential units, 447 being luxury condominiums for sale — will be adding 50,000 square feet in lobbies and amenities at its location, 133 and 135 Seaport Boulevard.

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Proposed Boston tunnel would transform city real estate

For years, transportation advocates in Boston have urged the building of a tunnel connection between the city’s North and South stations that they say would ease commuter headaches and open up underused plots of land for development. The North South

This Week in Boston Real Estate: Mayor appointment, Amazon video and more

Boston Mayor Martin J. Walsh’s focus on the city’s housing situation — especially affordable housing — earned him an appointment as housing chair for the U.S. Conference of Mayors Community Development and Housing Committee. In his new post, Walsh

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Prices up in Massachusetts as market continues to grapple with tight inventory

Home inventory in Massachusetts dropped to a record low in December to close out 2017, forcing the number of sales down but median prices up, according to a new report from the Massachusetts Association of Realtors. The number of single-family

UK buyers eager to join Boston’s homeowner ranks

An international city with broad appeal in terms of education and job opportunities, Boston is an attractive destination for foreign buyers who want to relocate to the United States. A new study shows that its desirability is increasing among

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Short-term rentals in the hot seat as Boston seeks to boost inventory

Boston Mayor Martin J. Walsh recently proposed limits on how often landlords can make units available for short-term stays through services like Airbnb in an effort to loosen up the city’s rental market. The limitations would set up a

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This Week in Boston Real Estate: Coldwell Banker acquisition, big Fisher Hill sale and more

Coldwell Banker Residential Brokerage on Jan. 18 acquired Newton Centre-based Edna Kranz Realty Inc., which has served Newton Hill and Chestnut for more than 20 years. The deal includes about 20 real estate agents who will now be based

Compass acquires Bushari Real Estate

On the heels of a recent $450 million investment, Compass acquired Boston-based Bushari Real Estate on Jan. 18 in an effort to expand its reach in the city. Bushari, known for its innovation with digital marketing, is a natural

Boston makes it to the second round for Amazon’s HQ2

Amazon announced on Thursday that it has narrowed its list potential sites for its second headquarters to 20 cities, and Boston is on the list. The company received proposals from 238 locations that were hoping to woo the ecommerce

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Study shows STEM pros thrive in Boston

Largely thanks to technology employers like Wayfair, athenahealth and TripAdvisors, Boston recently ranked No. 2 on a list of cities for STEM professionals, or those who work in science, technology, engineering and mathematics careers. The city came in second

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Massachusetts pending home sales increase to close out year

Buyers and sellers statewide found themselves in a prime market at the end of 2017, with increased pending sales, median prices and confidence, according to the Massachusetts Association of Realtors. “It seems the concept of an ‘off-season’ is going to be

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