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This Week in Boston Real Estate: MBTA repairs, housing vouchers and more

A large number of stations and parking garages under the purview of the Massachusetts Bay Transportation Authority (MBTA) are in serious disrepair, according to the agency’s own analysis. In a study it conducted to meet new regulations set by

Survey: Boston residents prefer parkland over property development

The Trustees of Reservations (The Trustees), a nonprofit that advocates for environmental conservation along the Massachusetts coastline, conducted a survey of more than 450 Boston residents and found that although the climate of the waterfront poses a very real

What’s behind low inventory despite strong sales?

The latest statewide housing market report from the Massachusetts Association of Realtors showed pending home and condo sales grew again in August. MAR reported 5,572 single-family homes were put under agreement last month, 6.6 percent more than the same

Study: Boston’s new luxury towers largely sit empty

Boston is just one of several large metropolitan areas that have seen an explosion of luxury housing construction and sales in recent years. But with much of this new inventory coming on the market at prices far above what

Commonwealth brokerage joins Berkshire Hathaway HomeServices

Century 21 Commonwealth announced Friday its departure from Century 21 to join Berkshire Hathaway HomeServices, in efforts to double its sales volume to roughly $3 billion and to expand its presence in Boston, according to the Boston Business Journal.

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This week in Boston real estate: Opinions on multifamily housing, what $1 buys and more

Nearly two-thirds of Boston residents oppose multifamily project housing, according to a new study conducted by Boston University’s Initiative on Cities. The study included 2,800 participants, gathering and tracking data from planning and zoning meetings from 97 municipalities in

Boston ranks as one of the most valuable cities in the country

Real estate wealth is dispersed unequally throughout the United States with revenue concentrated heavily in metropolitan areas, valued at $26.2 trillion in total.  Lending Tree ranked the top 50 most valuable cities in America from its collection of real estate data covering more than 155 million

This Week in Boston Real Estate: Multimillion-dollar lot in Kendall Square, UMass dorms and more

A single-acre lot in Cambridge’s Kendall Square sold for more than $50 million after being on the market since April, according to city records reported by the Boston Globe. The owner of the 36,000-square-foot lot, the Constellation Charitable Foundation,

Real estate associations financing Boston congressional race

With much of the U.S. already deep into the general election campaign for November’s midterms, Massachusetts voters will be among the last in the nation to hold primary elections on Sept. 4. As races throughout the state and Boston

This Week in Boston Real Estate: Median rents, new developments and more

Boston’s high home prices translate into similarly inflated costs for many renters, too. A new analysis from rental listing site Zumper confirms that Boston’s median one-bedroom rent as of this summer was the fourth-highest in the nation, at $2,340

Massachusetts for-sale inventory reaches lowest level since 2004

The most recent report on statewide home sales from the Massachusetts Association of Realtors (MAR) revealed that the number of homes and condominium units for sale in July set a new record for the lowest number of available listings

Boston’s ‘hot’ market rating slips, but pending sales rise in July

In June, Realtor.com named Boston the third-hottest housing market in the nation, based primarily on the average age of its listings. For July, however, the Boston metro area fell to 13th place in the rankings as the average listing

How Boston-area demographics are changing

The nation experienced a certain shift in age distributions over the last decade. With baby boomers moving on to retirement, millennials and Gen Xers began to make up the bulk of the working population. To determine where the different

This Week in Boston Real Estate: One Dalton tops out, bridge debates and more

The Four Seasons Hotel and Private Residences at One Dalton Street topped off on August 7, making it the third-tallest building in Boston and the highest tower built in the city since 1976. Due to a lack of remaining

Where jobs, and homeowners, are moving across the US

The dynamics of the U.S. workforce and the housing market are intricately entwined. Local employment trends have significant implications for a city’s real estate market, not to mention the economic competition between states and metro areas that’s always evolving.

Boston ranks as one of the most sustainably powered cities

The shift from non-renewable energy to sustainable power has been a slow process, but some cities are climbing faster than others, leading the country in green buildings and power. CommercialCafe ranked the 40 most sustainably powered cities in the U.S.

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