News / Features
Millennials were once referred to as the “renter generation” because of their preference for apartment living in urban areas over purchasing a home in the suburbs like their Baby Boomer parents.
Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Boston was no exception.
Strong growth of single-family construction spending drove the increase, while spending on multifamily construction was flat, the National Association of Home Builders said.
Buyer demand was also strong in the condo market in May, driving up the number of sales and pushing the median sale price to a new high.
Nationally, the median age of construction workers is 41, the same as a typical worker in the national labor force.
In Boston, the index jumped 2.5% month over month and 16.2% year over year. The monthly increase was slightly down from the 2.6% rise recorded in March.
Mayer Realty Group has relocated to 785 Washington St. in Canton, taking over the spot Kramer Jewelers called home for more than 35 years.
WinnCompanies has filed a letter of intent with the Boston Planning & Development Agency for a massive transformation of the Mary Ellen McCormack public housing project in South Boston.
In light of the increasing number of natural disasters in recent years, the foundation commemorated its 20th anniversary by launching Hope Rising, “a campaign designed to ensure the foundation can respond to disasters as quickly and effectively as possible.”
The Cape Cod housing market was frenzied and unpredictable last month as the market continues to outpace 2020’s record-breaking year.
Denying a mortgage to a woman because she is on or plans to be on maternity leave is against the law, but some lenders are accused of doing just that.
Knox Financial, a fintech company for property investors, has opened an office at 177 Newbury St. in Boston.
The fourth and final rental building at The Overlook at St. Gabriel’s has opened and is welcoming new tenants.
For the second year in a row Banosian has funded $1 billion in loan volume, this time in less than six months.
The shortage of housing in America is more “dire” than previously expected, and the NAR’s new report puts pressure on lawmakers to provide additional public funding and policy incentives to fix this massive underbuilding gap.
The median existing-home price for all housing types rose to $350,300 in May, marking another new record.
