Local News

Real estate news in Boston

A Quick Reference Guide to Spring Buyers

Real estate is a seasonal business – transactions rise and fall with the weather. And now it is officially spring. If agents want to capitalize on the sales bump, they’ll need to be prepared. Earlier this week, Redfin released an

3 Shocking Facts on Inequality in Boston – and How it Harms Housing

Just how unaffordable is Boston for average city residents? Boston’s affordability issues have been well documented, but a new analysis by the Boston Redevelopment Authority has raised awareness on just how unaffordable Boston truly is. We’ve taken a look at the

Where Boston Ranked in the Latest ‘Worst Traffic’ Study

Intrix, Inc. released its 2015 Traffic Scorecard, which names Boston the No. 7 city in the U.S. with the worst traffic. Intrix’s Traffic Scorecard is a benchmark for governments and agencies in the U.S. and Europe to measure progress

Are Boston “Bargains” Really Bargains?

Homebuyers are shoppers like any other, which means that certain words appeal to them more than others: “deal,” “affordable” …and “bargain.” But not every sale is a deal; not every home is affordable; and according to a report from

New Residential Developments Drive Banking in Chinatown

Bank of America and the East Boston Savings Bank have opened up new branches in the Chinatown neighborhood, making it a premier destination for banking. According to the FDIC, deposits at the five banks in Chinatown grew 40 percent

Boston Homeowners Enjoy Slow but Steady Gains in Equity

Homeowner equity made big year-over-year gains in the fourth quarter of 2015, according to a new analysis from CoreLogic, which found borrower equity increased by $682 billion, or 11.5 percent – to put it into perspective, that’s more than

Mayor Walsh’s New Plan for Boston’s Affordability Crisis

The Walsh administration will announce new steps to combat the affordability crisis Mayor Martin J. Walsh is set to announce new solutions from the Housing Innovation Lab on lowering housing and construction costs for middle-income consumers, as part of

Study: Boston is One of the Best Cities for Career Professionals

A new study commissioned by staffing firm Robert Half found that Boston is one of the best destinations for career-orientated professionals, coming in second on the list behind Seattle. According to the Economist Intelligence Unit (the group that conducted

Bostonians are Ready to Buy in These 5 Suburbs

Few people manage their money better in the U.S. than residents of Lexington, according to a new analysis from WalletHub. With an average credit score of 750.59 and a mortgage debt-to-income ratio of 501.19%, Lexington was the fifth-savviest area in the country when it

In Boston Real Estate, these Two Groups Value Homeownership the Most

Hispanic and Millennial consumers are the most eager to buy homes in the Greater Boston area, according to a new survey from Zillow. The survey, which polled more than 10,000 renters and homeowners, asked consumers whether or not they associated homeownership

Boston New Construction Soars in 2016

The residential construction community in Boston kicked off 2016 in a strong fashion, with overall spending rising considerably from a year ago, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s analysis, residential construction spending in

The Best Time of the Year to List a Home in Greater Boston

When is the best time to list your client’s home? The answer may surprise you The best time to list a home in Greater Boston’s housing market is between May 16 and May 31, according to a new analysis from

Why Boston Ranks Second Among U.S. Cities for Quality of Life

Bostonians can claim a quality of life in their city that’s worth bragging about. According to Mercer, the world’s largest human resources consulting firm, the city is better to live in than most other places in the U.S. In its

No Cash Problems in Boston – City Remains “Normal”

From Jan. 2013 to Oct. 2015, year-over-year decreases in the share of total home sales occurring in all cash have averaged 2.7 percentage points. However, in Nov. 2015 (the latest available data) the pace of decline slowed to 0.7

Why Greater Boston Foreclosures are Up by Double Digits

Unlike the rest of the nation, foreclosure activity is rising in Greater Boston Foreclosure activity in the Greater Boston housing market has risen considerably in the last year, according to the latest numbers from RealtyTrac. Per RealtyTrac’s analysis, there were 844 instances

Niche Names Boston’s Top Private High Schools

In January, Niche, a website that ranks and reviews schools at every level of education, gave us the top high schools with the best teachers. This month, it’s the best private high schools. In its 2016 Best Private High Schools

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