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Transit concerns mount as MBTA delays continue

Yet another derailed train, this time on the Green Line, snarled commutes once again August 7 and kicked of a string of bad headlines for Boston transit.

Boston-area housing markets rank among nation’s hottest this summer

Homes in this part of Middlesex County barely stay on the market for two weeks, propping up Boston as one of the nation’s hottest cities for homebuying activity.

Home prices in Boston see modest gains in Q2

Local home prices rose at a modest annual pace last quarter, while condos appreciated even faster.

Boston on track to meet new housing goals, but is it enough?

Boston Mayor Marty Walsh has set an ambitious goal of adding 69,000 new units of housing between 2015 and 2030. Based on recent construction permit data, the city may already be on pace to make that happen. But as

Local housing needs compete with business growth in Boston Edison plans

Developers Hilco and Redgate Capital Partners have been working with city officials on plans to redevelop the decommissioned Boston Edison power plant on the city’s southern end for about two years now. But what was once proposed as one

Boston metro home sales contract as inventory shrinks

The number of single-family homes sold in the Greater Boston area in June fell compared to the same month last year, according to a market report from the Greater Boston Association of Realtors. With 1,596 closed transactions in June,

Veterans in the legal weed industry face barriers to housing benefits

Many U.S. military veterans are learning the hard way that legal cannabis and federal bureaucracy often don’t mix well. Among them is a 35-year-old disabled Army veteran from Revere whose VA loan application was rejected. The reason involved his

Boston ranked among nation’s most sustainable cities

Two recent reports that rank American cities on their performance across a wide range of metrics put Boston near the top of the list, commending the city for its sustainability and access across the economic spectrum. The two reports

MA Realtors voice concern over public transit

The latest monthly pending home sales report from The Massachusetts Association of Realtors — each of which include a recurring “Hot Topic” survey question — revealed agent concern that recent issues with the MBTA may spill over into their

State looks to bolster homeownership programs using GE site sale proceeds

General Electric, an institution of corporate America and one of the biggest employers in Massachusetts, has lately found itself in dire straits. In February, the company cancelled plans to expand its corporate campus in Boston as part of a

Despite urgent housing and transit needs, state misses budget deadline

Massachusetts is once again operating without an official budget as key housing and transit improvement bills await the governor’s signature. The state’s 2020 fiscal year began July 1, and for the ninth year in a row, Massachusetts’ ongoing funding

This week in Boston real estate: Local sales, development trends and more

Boston metro home sales surge In line with Massachusetts’ strong sales performance in May, the Greater Boston Association of Realtors reported record-breaking figures of its own. According to GBAR, 1,316 single-family homes sold last month, an 8 percent gain

Massachusetts home prices hit new highs in May

The median sales price for single-family homes and condos sold in May broke $400,000, with condo prices hitting a new all-time high, according to the Massachusetts Association of Realtors.  Single-family home sales across the state were up 6.2 percent

Realtors meet with state legislature on housing issues

Approximately 450 members of the Massachusetts Association of Realtors convened at the Massachusetts State House in Beacon Hill earlier this month as part of an annual “lobbying day.” Members came prepared with a packed agenda for their meetings and

This week in Boston real estate: One Congress and housing costs

MA housing costs among nation’s highest compared to wages The minimum wage needed to afford the median two-bedroom apartment in Massachusetts is the third-highest in the country at $33.81 an hour according to a report from the National Low

This week in Boston real estate: Rising rents, developing neighborhoods and more

Boston rent growth approaches 9 percent A report from real estate listings site Zumper found the median rent for one-bedroom apartments in Boston was up 8.7 percent as of April (to $2,500 per month) compared to the same month

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