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Boston developers now required to disclose investor, employee diversity

A new ordinance from the Boston Planning and Development Agency announced on Oct. 9 that it will require any developer with plans to build on public land to provide a diversity and inclusion statement as part of the request

Boston Agent Who’s Who launch party celebrates real estate’s best

Some of the best and brightest in Boston real estate were honored by Boston Agent magazine at the release party for its annual special edition, the 2018 Who’s Who in Boston Real Estate issue. The event was hosted on

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This Week in Boston Real Estate: 2019 predictions, brokerage tech and more

The Urban Land Institute hosted its Fall Meeting in Boston Oct. 8-11 at the Boston Convention and Exhibition Center. The Institute’s annual “Emerging Trends in Real Estate” report was a central topic of discussion, as it marked the 40th

This Week in Boston Real Estate: Winthrop Square tower, local mayors sign on to housing and more

Millennium Partners got confirmation to begin building its 691-foot, 1.6 million-square-foot condo and office tower at the site of the Winthrop Square Garage. On Sept. 27, Millennium Partners announced they had closed on a deal to purchase the garage

ERA gains new affiliate in Boston

Great Spaces Real Estate in Dorchester recently announced they would be partnering with ERA Real Estate as an affiliate. As ERA partners with Great Spaces, the Dorchester brokerage said they will continue working closely with the community. For ERA, their

Fewer homes selling above list price since June

As home price growth slows, the percentage of homes that are going for above their asking price is decreasing. For the four weeks ending on September 23, Redfin found that only 22.9 percent of the homes sold for more than their asking

This Week in Boston Real Estate: Development policy, falling rents and more

Two events taking place on the same weekend, and in the same neighborhood of south Boston, speak to the complexity of the broader conversation around housing policy. The Boston Globe pointed out that these two meetings point to the two

Mayor’s housing plan aims for 69,000 new units by 2030

In 2014, the City of Boston’s Housing Task Force and Mayor Marty Walsh unveiled a report detailing plans to bolster the city’s future housing stock. Based on new population projections and other trends, though, city officials announced Sept. 26

Boston home sales grow in August

Sales of single-family homes and condo units around greater Boston grew in August compared to the same month a year ago. Home sales increased 3.3 percent to end the month at 1,679 units sold, at a median price of

This Week in Boston Real Estate: Tower groundbreaking, new developments and more

Cronin Development announced that a groundbreaking ceremony for its St. Regis Residences tower in the Seaport District will be held Oct. 1. Plans for the building include 22 floors and 114 luxury condo units, each with access to St.

Gibson Sotheby’s expands to Cape Cod

Gibson Sotheby’s International Realty announced it would expand into the Cape Cod market by bringing offices of oldCape Sotheby’s International Realty under its umbrella. Gibson Sotheby’s would assume ownership and branding of oldCape’s six offices around Barnstable County. Former

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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