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This Week in Boston Real Estate: Affordable housing and ADUs

City’s affordable housing plan hits the ground running In an appearance for Bisnow’s Boston Affordable Housing Conference April 9, Mayor Marty Walsh touted the city’s progress toward an ambitious building agenda. According to figures released by the city related

This Week in Boston Real Estate: Office space, budget plans and more

Boston tech firms grew their office footprint last year A report from commercial real estate brokerage Cushman and Wakefield estimates Boston’s IT sector accounted for almost half of all new office leasing activity in 2018. In turn, that may

Cover story: Boston’s luxury real estate market

When most Americans think of luxury real estate, Boston might not be the first city that comes to mind. Maybe that should change, given the city’s remarkable economic growth in recent years that has kept it comfortably within the

What makes Boston a global ‘power market’ for luxury real estate

It’s not easy to stay up-to-date on the latest in luxury real estate. The true trajectory and intensity of trends in this specialized market can be obscured by noise in the data when sample sizes or time frames are

Redfin: Boston’s drop in bidding wars is the steepest in the country

In the last few weeks, no U.S. city has shown a steeper decline in the percentage of buyers who’ve faced competition when bidding for a home than Boston. That’s per a new study by Redfin, which compares the percentage

Local home sales grow by double digits in February

Single-family home and condo sales in the Boston area grew significantly in February on a year-over-year basis, posting unusually strong numbers for a month that’s often slower than average. In the single-family market, sales grew 21.8 percent in Feb.

This Week in Boston Real Estate: Tax plan update, home equity and more

More details on Boston transfer tax proposal The first of what will likely be many public hearings on a proposed increase in Boston real estate transfer taxes took place at City Hall March 19. According to Tim Logan reporting

Statewide pending sales up again in February

Pending home and condo sales grew again last month throughout Massachusetts as buyers moved to capitalize on lower interest rates and an increase in listings to choose from. The number of single-family homes under agreement by the end of

This Week in Boston Real Estate: Investor destinations, casino plans and more

Boston named a top city for global growth, investment Boston’s high real estate prices are the source of concern for many residents, politicians and business leaders alike. To ultra-wealthy investors, though, Boston may look like a steal in the

This Week in Boston Real Estate: Affordable homes, zoning rules and more

Mayor moves to add 515 affordable housing units Mayor Marty Walsh’s administration took some of its first concrete steps last week toward the city’s plan to add 69,000 new housing units — 16,000 of which would be affordable to

Boston’s pending sales, listing count grows in January

Growing inventory levels and falling interest rates did take hold soon enough to move the needle in Boston’s housing market in January, according to the latest reports from local and statewide Realtor associations. But with listings and pending sales

This Week in Boston Real Estate: The next Kendall Square, preventing evictions and more

Searching for ‘the next Kendall Square’ Kendall Square is the envy of real estate developers the world over: an area concentrated with top-tier science and tech companies competing for very limited space and access to highly educated talent from

This Week in Boston Real Estate: Traffic, team players and more

Boston traffic: It’s the worst It seems like residents in almost every major city make a point of complaining about local traffic congestion. But now Boston may be able to claim total, national authority over traffic tantrums: A new

Pending home sales rise statewide as buyers enjoy low rates

While the housing market in Boston and much of the U.S. got off to a slow start in 2019, the first full month of sales data for the year shows ample promise. The Massachusetts Association of Realtors reported that

Development restrictions proposed to protect Boston wetlands

Members of Boston City Council as well as Mayor Marty Walsh are considering new regulations to protect local wetlands from overdevelopment. The Boston Globe reported Feb. 11 that officials were looking into enacting a local Wetlands Protection Act that

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This Week in Boston Real Estate: Tech hotspots, living with roommates and more

A new report from Savills, a U.K. real estate advisory firm, ranks Boston No. 5 globally in a list of the top cities for the tech industry. That puts it just behind New York, San Francisco and London, and

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