#Apartment #construction is #booming in this #Boston #suburb

Apartment construction is booming in this Boston suburb

While 2020 will always be known as the year of COVID-19, it might also go down as the year of the suburb. The flight to the suburbs has become a growing preference for buyers, but renters are also finding respite in the outskirts of larger metro areas. That could help continue to drive new construction of apartments in suburbs across the country, according to a new report from Rent Café. The study noted that 17 of the top 20 suburbs building apartment units over the last five years have occurred in Southern and Western states. Eight of the top 20 were in Texas. “These locations are also great options for those considering a move to the suburbs because of their proximity to the core cities – 12 out of the 20 suburbs on our list are located no more than 20 miles away from an urban center,” the report noted. Quincy was one of only three suburbs in the list located in Northern states. A total of 2,163 units in 10 buildings were built in Quincy between 2016 and 2021, according to the report. The most common type of building noted was mid-rise. Those new units make up 24% of the apartment units in Quincy. The post Apartment construction is booming in this Boston suburb appeared first on Boston Agent Magazine.

FIRST TIME HOMEBUYERS

Homebuyers: For access to all listings and to find a homebuyers real estate agent that will represent only your interests call 800-935-6222 or click the button below to connect with MABA. At MABA we got you!