News / Features

New condos and apartments proposed for East Boston project

The proposed 2 Shawsheen Road project will be located on a 36,226-square-foot parcel of land along Shawsheen Road and Saratoga Street.

Massachusetts home sales fell as median prices climbed in January

Both single-family home and condominium sales fell last month from 2021, as median sale prices again hit new highs, according to a new report.

High prices, construction bottlenecks crimp new-home sales in January

“Builders are entering 2022 with backlogs that they are having a hard time completing due to material and labor shortages, and new-home prices are sitting near a historic high.” — First American Deputy Chief Economist Odeta Kushi

What do agents want from brokerage technology? @properties Christie’s International Real Estate investigates

@properties Christie’s International Real Estate has released the findings of a new survey focused on brokerage technology.

Rising interest rates could bring balance to the housing market

While rising interest rates may lead to more reductions in the housing supply, it may also bring some much-needed balance to the market.

The Procopio Companies wins award for Lynn project

The company earned an NAHB Best in American Living Award for Green Community for its Caldwell development project

Mortgage applications fall to pre-pandemic low as rates rise

Mortgage applications fell more than 13% in the most-recent week tracked by the Mortgage Bankers Association’s Market Composite Index, while interest rates continued to rise. 

Coldwell Banker exec named president, CEO of MLS PIN

Erminio Grasso is the new head of New England’s largest multiple listing service.

Luxury Colorado lodge for sale — and it comes with the town

In Saguache, Colorado, a monument to the Old West is for sale. Dubbed Old Cow Town, the property is a frontier replica, complete with a luxury lodge.

Despite strong demand, builder confidence ebbs in February on supply-chain woes

“Production disruptions are so severe that many builders are waiting months to receive cabinets, garage doors, countertops and appliances.” — NAHB Chairman Jerry Konter 

Two Boston housing projects receive $7.5 million in grant funding

The funding will provide significant investments in mixed-income housing in Charlestown and Jamaica Plain.

Jack Conway unveils new branding and team leadership

The new brand marries the modern vision and timeless values of its founder Jack Conway and remains a guiding principle for his daughter and President and CEO Carol Bulman

Existing-home sales come roaring back in January

The sales pace of existing homes surged 6.7% in January after falling in December, as buyers got off the fence and went shopping ahead of rising interest rates, the National Association of Realtors reported.

Low inventory, softening sales hit the Greater Boston housing market

January home and condo sales activity tumbled from December.

Housing starts fall in January

Single-family housing starts fell 5.6% from December’s revised estimate to 1,116,000, while multifamily starts slid 2.1% to 510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.

Massachusetts home sales reach highest level since 2006

Bay State home sales reached their highest level since 2006 in January, while median sales prices started showing signs of softening.

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