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Boston a hotspot for real estate startups

The transformation currently underway in Boston is multifaceted — development is booming, population is growing and its weather continues to be a factor. Entrepreneurs have taken notice, and startups with innovations focused on building are popping up around the

Despite difficulties, more people want to own homes

According to new analysis of a consumer survey from the National Association of Realtors, the vast majority of non-homeowners said that they want to own a home in the future. NAR recently analyzed the results of its 2017 Housing Opportunities and Market

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Boston mayor sets sights on city buildings for more housing

Boston’s lack of housing — particularly affordable units — has long been a focus of Mayor Martin J. Walsh, who has a goal of adding 53,000 new housing units around the city by 2030. Now he’s focusing on a

CoreLogic: Home prices increase for fifth consecutive month

Home prices continue to significantly rise both year over year and month over month, according to CoreLogic’s Home Price Index (HPI). U.S. home prices in December 2017 were a substantial 6.6 percent more than December 2016 and 0.5 percent more

National News Briefs: NAR suspends open architecture project, cash purchases for home sales hit new high and more

The Realtors Property Resource (RPR), a subsidiary owned by the National Association of Realtors, is suspending its Advanced Multi-List Platform project and will promptly start to wind down its operations. NAR CEO Bob Goldberg made the decision to cut

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Seller profits hit 10-year high

Home sellers in Q4 2017 reaped an average home price gain since purchase of $54,000, the highest since Q3 2007, according to ATTOM Data Solutions’ Year-End and Q4 2017 U.S. Home Sales Report. In comparison, the average from the

Top 5 closings in Boston real estate for 2017

Source: Anfuso Imaging 1. A 6.35-acre seaside estate located on 26 & 32 Neel Road in Harwich was sold for $14 million by real estate veteran Paul Grover, who launched Robert Paul Properties Inc. in 2009. This gorgeous coastal

This Week in Boston Real Estate: Luxury development EchelonSeaport adds space, amenities

Luxury three-tower residential development EchelonSeaport in Boston’s bustling Seaport District — which includes 717 residential units, 447 being luxury condominiums for sale — will be adding 50,000 square feet in lobbies and amenities at its location, 133 and 135 Seaport Boulevard.

Pending home sales rise for third consecutive month

For the third consecutive month, pending home sales rose slightly in December, according to the National Association of Realtors. The Pending Home Sales Index, an indicator based on contract signings, rose to 110.1 in December, an increase of 0.5

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Proposed Boston tunnel would transform city real estate

For years, transportation advocates in Boston have urged the building of a tunnel connection between the city’s North and South stations that they say would ease commuter headaches and open up underused plots of land for development. The North South

Report reveals most financially valuable home projects

In this year’s Cost vs. Value report from Remodeling Magazine, “curb appeal” projects led the way with increases in value. The report measured the average payback for 21 common professional remodeling projects in 149 major U.S. markets. While only

Breaking down the barriers of real estate investment: A Q&A with Peter Vekselman from WeLend

Peter Vekselman has been working in the real estate industry for almost 20 years and completed more than 3,500 deals. With offices in Georgia, Florida and California, Vekselman has seen first hand the hurdles and difficulties that can come along

US housing market has recovered after crisis, but some markets still fall behind

Despite gradual but continued recovery in most housing markets in the United States since the recession wreaked havoc on the country, there is still major disparity due to uneven shifts and progression in individual market values. According to a

This Week in Boston Real Estate: Mayor appointment, Amazon video and more

Boston Mayor Martin J. Walsh’s focus on the city’s housing situation — especially affordable housing — earned him an appointment as housing chair for the U.S. Conference of Mayors Community Development and Housing Committee. In his new post, Walsh

Luxury home sales increase to close out 2017

In its latest luxury market report, Redfin found that luxury home prices in the U.S. rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017. The analysis tracked home sales in over 1,000

Millennials face implications in the housing market

Several long-term economic factors, including the explosion of student debt, are making homeownership a distant goal for most millennials. In a new Apartment List report, a renter survey that elicited responses from more than 11,000 millennials across the United States,