by Liz Hughes | Aug 6, 2021 | Real Estate Market
BPDA approves new developments in four Boston neighborhoods The Boston Planning & Development Agency has approved five new transit-oriented development projects that will bring 544 residential units to four city neighborhoods. The new communities will be located...
by Liz Hughes | Aug 2, 2021 | Real Estate Market
South Boston redevelopment could bring 93 units to the area Developers have filed a letter of intent to bring more than 90 residential units to a former seafood processing plant in South Boston. The developer, 270 West Second Street LLC, is looking to redevelop the...
by Liz Hughes | Aug 1, 2021 | Real Estate Market
Massachusetts median home prices hit another all-time high The median price for a single-family home in Massachusetts reached an all-time high in June. The increase in the median single-family home price was driven by both homebuyer demand and limited inventory,...
by John Yellig | Jul 31, 2021 | Real Estate Market
Mortgage applications fall as interest rates rise Mortgage applications slid 4% on a week-over-week, seasonally adjusted basis in the week ended July 16, while the average 30-year fixed mortgage rate ticked up to 3.11% from 3.09%, the Mortgage Bankers Association...
by Liz Hughes | Jul 30, 2021 | Real Estate Market
Cape Cod listings at lowest level in 18 years Cape Cod real estate listings were at their lowest level in 18 years in June, according to the Cape Cod & Islands Association of Realtors. The report found there are simply not enough homes on the market and the...
by Liz Hughes | Jul 29, 2021 | Real Estate Market
What’s Boston’s priciest neighborhood? Boston’s real estate market certainly saw its share of challenges through the pandemic. Increased homebuyer demand and limited inventory continue to drive prices to record highs throughout the Bay State, and the Boston area is no...
by Liz Hughes | Jul 28, 2021 | Real Estate Market
How far are Boston homeowners willing to commute? With the increased number of professionals working remotely, today’s homebuyers are putting less of a premium on commute time and more on affordability in their search, often finding a home farther out from downtown...
by John Yellig | Jul 19, 2021 | Real Estate Market
Mortgage applications surged 16% on a week-over-week, seasonally adjusted basis in the week ended July 9, while the average 30-year fixed mortgage rate slid to 3.09% from 3.15%, the Mortgage Bankers Association said, citing its Market Composite Index. On an unadjusted...
by Liz Hughes | Jul 18, 2021 | Luxury Homes, Real Estate Market
Luxury homes sales take off in Boston The demand for luxury homes has exploded, rising nearly 81% for homes in the $1 million-plus range, according to a new report from Point2 Homes. The report analyzed housing inventory in 30 large, 30 mid-sized and 20 small cities...
by Julie Miller | Jul 17, 2021 | Real Estate Agent, Rental Property
Rental Prices Continue To Skyrocket, Squeezing Renters Across the Country High demand for a limited supply of rental housing has resulted in skyrocketing prices across the nation—and desperation from those seeking more affordable housing options. The median rental...
