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This Week in Boston Real Estate: Affordable homes, zoning rules and more

Mayor moves to add 515 affordable housing units Mayor Marty Walsh’s administration took some of its first concrete steps last week toward the city’s plan to add 69,000 new housing units — 16,000 of which would be affordable to

Boston’s pending sales, listing count grows in January

Growing inventory levels and falling interest rates did take hold soon enough to move the needle in Boston’s housing market in January, according to the latest reports from local and statewide Realtor associations. But with listings and pending sales

This Week in Boston Real Estate: The next Kendall Square, preventing evictions and more

Searching for ‘the next Kendall Square’ Kendall Square is the envy of real estate developers the world over: an area concentrated with top-tier science and tech companies competing for very limited space and access to highly educated talent from

This Week in Boston Real Estate: Traffic, team players and more

Boston traffic: It’s the worst It seems like residents in almost every major city make a point of complaining about local traffic congestion. But now Boston may be able to claim total, national authority over traffic tantrums: A new

Pending home sales rise statewide as buyers enjoy low rates

While the housing market in Boston and much of the U.S. got off to a slow start in 2019, the first full month of sales data for the year shows ample promise. The Massachusetts Association of Realtors reported that

Development restrictions proposed to protect Boston wetlands

Members of Boston City Council as well as Mayor Marty Walsh are considering new regulations to protect local wetlands from overdevelopment. The Boston Globe reported Feb. 11 that officials were looking into enacting a local Wetlands Protection Act that

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This Week in Boston Real Estate: Tech hotspots, living with roommates and more

A new report from Savills, a U.K. real estate advisory firm, ranks Boston No. 5 globally in a list of the top cities for the tech industry. That puts it just behind New York, San Francisco and London, and

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This Week in Boston Real Estate: Carbon-neutral plans, T fares and more

Boston Mayor Marty Walsh has set plans in motion for the city to be carbon-neutral by 2050. In other words, any greenhouse gas emissions from power generation, transportation and other sources will be offset by investments in renewable energy,

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Gov. Baker’s budget proposes real estate tax hike

Massachusetts Governor Charlie Baker released his administration’s state budget proposal for the upcoming fiscal year, and it is already drawing critiques from real estate advocates. In one of the many changes to state finances included in the proposed $42.7

This Week in Boston Real Estate: Boston’s ‘Uptown’, Barnstable Town is ‘Hot Spot’ and more

The area around TD Garden and North Station may get a new name with a marketing push from developer Boston Properties, according to the Boston Globe. The company, which built the massive Hub on Causeway project next to TD

What MA homebuyers and sellers look for in an agent, and a home

The Massachusetts Association of Realtors released a report detailing the demographics of homebuyers and sellers in the state over the last year. Released in conjunction with the National Association of Realtors’ buyer and seller profile covering the entire U.S.

Pending sales rise locally after interest rate volatility

Mortgage interest rates found themselves in freefall last month after climbing gradually throughout the year. For that reason, home sales in Boston and the rest of the U.S. failed to post significant gains in the final month of 2018.

This Week in Boston Real Estate: Power station plans, year-end records and more

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

Year-end reports show growth in condo inventory

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

How has Boston’s population changed since 2010?

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.

City Council considers new taxes on some Boston real estate sales

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