Local News

Real estate news in Boston

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

Tishman Speyer Plans Luxury Condo on Pier 4

Tishman Speyer announced details on a nine-story, 100-unit luxury condo building planned for development on Pier 4 in South Boston, along with a 13-story office building and a one acre park. The condo would be curved to provide maximum

10 Boston Area School Districts with the Highest Graduation Rates

The Hechinger Report recently released the data for the graduation rates for nearly every school district in the U.S. The data, which draws from the 2013 graduating class, broke down the numbers past the typical statewide average. We took

3 of U.S.’ 10 Most-Educated Towns are in Greater Boston

Greater Boston is the most highly educated area in the United States Three of the 10 most educated places in America are located in Greater Boston, according to a new analysis by NerdWallet. The study, which analyzed U.S. Census Bureau data

Boston New Construction Up Double Digits in 2015

Building in the Bay City Making Significant Progress Residential construction spending in the Boston area was up 76 percent year-over-year in June, and so far in 2015 is 30 percent ahead of where it was last year. Those encouraging stats came courtesy of the

Boston Has Healthiest Home Market in Nation

Low mortgage costs and high equity contributed to a healthy housing market in Boston Boston has the healthiest housing market in the nation, according to a new WalletHub study. The study, which compared the 25 largest metropolitan areas in the

Boston Home Sales Return to Life in June – with Caveats

After a few months of negative sales activity, homes sales in Boston positive in June, albeit with caveats Home sales in the Boston area rose 8.7 percent year-over-year in June, reversing a few months of sales declines, according to the

Boston Home Prices Lead the Nation in Latest Case-Shiller

Home prices were positive for the Boston housing market in May’s Case-Shiller Home prices in the Boston housing market rose 1.5 percent from April to May, and 2.2 percent from May 2014, according to the latest Case-Shiller Home Price Indices

CoreLogic: Barely Any Cash in Boston

CoreLogic released its April cash sales report today, and as has been the trend all year, cash sales declined year-over-year, bringing national levels closer to the pre-crisis baseline of around a 25 percent market share. In April, cash sales

CoreLogic: More Foreclosures for Massachusetts in May

CoreLogic May foreclosure report documents continued improvement in inventory and seriously delinquent mortgage rates Today, CoreLogic released its May 2015 National Foreclosure Report, which highlighted steep declines in completed foreclosures and foreclosure inventory, as well as the falling serious

Boston Posts Largest Foreclosure Increase in Nation

Boston’s foreclosure market has grown considerably in last year, according to RealtyTrac In the first half of 2015, foreclosure activity in the Boston metropolitan area jumped 29 percent from the same time period last year, according to RealtyTrac’s Mid-Year 2015 U.S. Foreclosure

CoreLogic: Affordability Returns to Boston

CoreLogic has released its May Home Price Index, revealing another month of positive gains. Marking 39 months of consecutive year-over-year gains, national home prices, both including and excluding distressed sales, increased 6.3 percent in May compared to the same

Boston Housing Starts Up 138% in 2015

Mayor Walsh has announced that the city of Boston has reached $1.65 billion in housing starts so far in 2015, a 138 percent year to date increase. Production rates have skyrocketed as Boston works to keep up with the steadily

Boston Rated One of Hottest Housing Markets in U.S.

Boston joins 19 other cities on hottest housing market list Boston ranked eighth in realtor.com‘s list of the Top 20 Hottest U.S. Real Estate Markets for June. The list compared listing views on realtor.com to the number of listings

Boston Surges in Labor Rankings

CareerBuilder releases new labor market rankings In late May, CareerBuilder released its second quarter Labor Market 150 Index, which attempts to evaluate and rank the country’s largest metros. Using data from the employment website’s data arm, EMSI, or Economic

Boston Residential Construction Strong in 2015

2015 shaping up to be good year for new construction in Boston Residential construction spending in the Boston area was down 1 percent year-over-year in May, but so far in 2015 is 23 percent ahead of where it was last year. Those were the two

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