News / Features

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

Existing-home sales steady in August after months of declines

After four months of declines, existing-home sales stayed steady in August from July, according to the National Association of Realtors’ monthly report. “Strong gains in the Northeast and a moderate uptick in the Midwest helped to balance out any

Homebuyers purchase second vacation homes for profit over personal use

Over the past decade, the market for second homes and online travel operations has transformed significantly. A survey by real estate adviser Savills and HomeAway found that recent buyers are prioritizing the purchasing of second vacation homes for financial benefits rather than

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NAHB: Permits and confidence grow, but tariff trouble looms

The latest survey of U.S. homebuilders by the National Association of Home Builders finds that confidence within the industry remains generally high despite some persistent headwinds. The NAHB/Wells Fargo Housing Market Index (HMI) for September remained unchanged from the

Coldwell Banker Real Estate announces new chief operating officer

Liz Gehringer, tenured senior vice president and chief ethics and compliance officer of Realogy Holdings Corp., was named the new chief operating officer for Coldwell Banker Real Estate LLC. Gehringer will be working under Coldwell Banker president and CEO, Charlie Young, while overseeing the brand’s field

Real Estate in Brief: Hurricane Florence threatens 750,000 homes

Hurricane Florence made landfall in North Carolina last Thursday. With three states in Florence’s sights, new data from Core Logic shows 758,657 homes in North Carolina, South Carolina and Virginia are at risk of being flooded. While Florence has

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

Real Estate in Brief: Trump, tax breaks, and technology in smart homes

Former President Jimmy Carter is calling for broad reform of the U.S. Department of Housing and Urban Development and advocates for voters to support candidates who promote affordable housing. Carter told CNBC that Trump administration is ignoring a national housing

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

Baby boomers are holding onto their homes as they head into retirement

As baby boomers gracefully round the corner into their golden years, Trulia found that the already strained housing market tightens a bit further as they hold onto their homes into retirement. Defined as the population born between the years of 1945 and 1964, aging them

As Gen Z enters the housing market, here’s what agents need to know

There are already approximately 100,000 Gen Z homeowners and that number will only continue to increase. While they share some concerns with earlier generations about affordability, 83 percent of Gen Z see themselves entering the real estate market within

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

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Want to know where home prices will be rising? Look for a new Starbucks

Neighborhood amenities can make a difference on how much buyers want a specific home, and there is one amenity that seems to have a larger impact on home values than any other – Starbucks locations. A recent study by

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.