Local News

Real estate news in Boston

Boston has Nation’s Sixth-Worst Traffic Congestion

Commuters waste dozens of hours and thousands of dollars due to Boston’s traffic problems Boston is home to many things: historical relics from the Colonial era; beloved franchises in hockey, baseball, basketball and football; and, according to new research, some of

Boston is the No. 1 City For Children To Play Outside

According to Fatherly.com, Boston was ranked as the No. 1 city for children to play outdoors. The full study, “The 25 Best U. S. Cities For Kids To Play Outside,” is an examination at the state of play and play

Boston New Construction Posting Triple Digit Gains in 2015

Residential construction spending in the Boston area was up 117.7 percent year-over-year in July, and so far in 2015 is 42 percent ahead of where it was last year. Those stats came courtesy of the latest Dodge Data & Analytics report, a monthly

Boston Home Prices Strengthen in Case-Shiller Indices

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Boston metro area rose 1.5 percent from May to June and 3.3 percent from June 2014, according to the new Case-Shiller Home Price Indices from Standard

Housing Inventory Never Rises in Greater Boston

Falling inventory, rising prices, shrinking affordability – the same old in Boston’s housing market Just as it never seems to rain in California, housing inventory never seems to increase in the Greater Boston market. According to the latest numbers

Boston 7th Most-Segregated Metro Area in U.S.

A new study has found Beantown ranks high in housing segregation Greater Boston is the seventh most segregated metropolitan area in the United States, according to a new study by 24/7 Wall St. Just over 40 percent of Greater Boston’s population

Melrose’s 02176 ZIP Code the Hottest in the Nation

A new realtor.com study finds that the 90210 ZIP code is actually not No. 1 The north suburban Boston 02176 ZIP code of Melrose is the hottest in the nation, according to a new analysis by realtor.com. The “Combined

Boston Home to Nation’s No. 2 Construction Market in 2015

Only one housing market has seen greater new construction growth in 2015 than Boston Boston has 2015’s No. 2 new construction marketplace, according to new research from Trulia. Trulia’s analysis, which compared permit activity in the nation’s metro areas to their

CoreLogic: Massachusetts Boasts Lowest Cash Sales in New England

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

CoreLogic: Backlog Drives Gains in Massachusetts Foreclosures

Yesterday, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

Top 10 Boston Neighborhoods with the Most School Children

In some Boston neighborhoods, nearly half of all students are grade-school age Where in the city of Boston are grade school- and high school-age children most common? It’s a question that many Boston homebuyers has undoubtedly faced, and to

CoreLogic: Boston’s Backlog Pushes Distressed Sales Up

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

Developer Proposes Residential Project in Orient Heights

Velkor Realty Trust has proposed a 44-unit residential complex on Bennington St. in East Boston’s Orient Heights neighborhood; the complex will span 49,000 square feet. The project’s architect is Clinton Design Architects of Holliston, and Brian J. Hosker is listed

Edens LLC Reveals Plans for Dorchester Development

Last week, Edens LLC filed a project notification form with the Boston Redevelopment Authority that outlines its plan for a new 10-acre development in Dorchester. Adjacent to Edens’ existing South Bay Center, the new project will feature 113,000 square

Boston Construction at Highest Rate Since Housing Boom

Boston currently has the most construction activity it has had since the housing boom, with some 70 developments under construction throughout the city. According to Boston Redevelopment Authority (BRA) director Brian Golden, the Bay City has 14 million square feet

Why Boston Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Boston metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

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