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Plans to redevelop the site of a decommissioned South Boston power plant into more than 1,000 new apartments and condos may have hit a snag. The Boston Herald reported Jan. 15 that the Conservation Law Foundation is petitioning the
Two reports on the Boston condo market’s end-of-year performance show more units coming onto the market across the city’s hottest neighborhoods. However, this has continued to put a damper on sales prices as well as closed sales as sellers
Meeting Boston’s ambitious goals for new housing development in the next several years presents significant challenges for the city. Part of that difficult task involves understanding exactly what future Boston residents will need in terms of available housing stock.
Boston is the latest city to consider transfer taxes as a way to fund affordable housing development, although the proposal is already on shaky ground. The Boston Globe reported Jan. 14 that City Council would take up a bill
Pending home sales throughout Massachusetts grew in December, but the sudden volatility seen in U.S. and international stocks near the end of 2018 may have had a negative effect on buyer and seller behaviors, according to a poll from
What could be the biggest infrastructure project undertaken in Boston since the infamous Big Dig is a step closer to breaking ground. The Boston Globe reported Jan. 10 that Massachusetts Department of Transportation officials released the final plan for
The start of a new calendar year is welcomed with parties, well-wishing and an eye toward new beginnings. But in the business and finance world, most people rang in 2019 fixated on endings. The business cycle, the bull market,
A years-in-the-making bill to enact new taxes and regulations on short-term home rental services like Airbnb was approved by legislators and signed into law by Massachusetts Governor Charlie Baker Dec. 28. Once it takes effect July 1, these services
While Boston-area home and condo sales posted record gains for the month of November, data for the rest of the state did not exceed expectations in the same way. Home and condo sales numbers from the Massachusetts Association of
The Greater Boston home and condo market enjoyed strong sales through November as more buyers enter the fold. Previous months had seen growing inventory amid excessively high prices. However, buyers in November shrugged off concerns over interest rates and
Boston is not alone in solving the shortage of housing supply: High demand for housing combined with a lack of inventory at a range of price points is widely cited as one of America’s most pressing economic challenges. A
Boston City Hall hosted the latest public meeting regarding the planned redevelopment of the massive, 161-acre site at Suffolk Downs on Dec. 12, with several East Boston residents in attendance to voice their concerns surrounding the project. While the
Anne Meczywor of Roberts & Associates Realty Inc. in Lenox, MA was installed Dec. 4 as president of the 24,000-member Massachusetts Association of Realtors. Meczwyor was inducted at a ceremony at The Williams Inn in Williamstown, MA and included
Boston’s own HYM Investment Group said they’ll be going ahead with the redevelopment of Suffolk Downs, the old racetrack on the border of East Boston and Revere. Amazon’s interest in the 161-acre site reportedly spurred planning at the site,
Boston was named one of the best cities in the U.S. for outdoor access, according to an analysis by REI.Research from the outdoor recreational retailer named Boston and other cities using data from the Urban Outdoor Access Analysis –
A market analysis released last month by Berkshire Hathaway HomeServices Warren Residential found that condo prices in some of Boston’s most expensive markets fell during the third quarter of 2018. Compared to the same period in 2017, condo sale
