Lagging inventory has competition heating up in the Greater Boston housing market as supply continues to be unable to keep up with increased buyer demand

Boston has been named one of the most educated cities in America in WalletHub’s 2023 Most and Least Educated Cities in America list.

Despite growing sales, rising prices and inventory issues continue to hamper Boston’s real estate market, cooling hopes for a hot summer, according to a Massachusetts Association of REALTORS® (MAR) report.

Fenway Corners will include eight mixed-use buildings with office space, labs, residences, retail and restaurants.

As more owners continue to hang onto their houses, home values locally and across the nation have reached a new peak, but it comes at a cost.

Boston will launch a new “Downtown Office to Residential Conversion Pilot Program,” developed to incentivize converting underutilized office buildings to residences, Mayor Michelle Wu announced this week.

Three new board members were recently elected to the Massachusetts Housing Investment Corp. (MHIC) at its 2023 annual meeting. 

Point2 compared the share of luxury listings across the 30 largest U.S. cities — and Boston is among the top echelon.

It’s not just its housing supply that’s showing the Boston market is in peak season, according to the latest RE/MAX National Housing Report.

Housing starts and sales fell, while inventory rose and days on market dipped, according to the latest installment of Boston’s Housing Scorecard.

The second residential building in the Ashlar Park residential community is now complete and preleasing units for September occupancy. 

The Charlestown development is the largest public housing redevelopment in the city’s history.

Boston’s housing market remained competitive last month, despite a slower pace of transactions, according to the Greater Boston Association of REALTORS (GBAR) May housing report.

Massachusetts home prices remained flat in May as sales of both single-family homes and condominiums continued to fall, according to a new Warren Group report. 

Low inventory continued to plague the Bay State’s summer real estate market in May, as new listings and closed sales declined again.

Affiliated with Coldwell Banker’s Cambridge office, Long was a member of The Team – Real Estate Advisors.