The residents of Boston’s Harbor Towers have filed suit against the commonwealth and the owner of the adjacent Harbor Garage, seeking to stop the development of a 600-foot skyscraper at the garage and to stop the implementation of the state-approved…
Many more Millennials are expected to trade in their parents’ basements and older apartments for a place of their own. The homeownership rate for adults between the ages of 25 and 34 is expected to rise from less than 40…
I have been present at the Inman Connect Conference in New York this week. The Inman Connect Conference brings together over 3,000 CEOs, business tycoon, executive real estate agents, network connected brokers, and sales administrators, to discover latest drifts and…
Due to the rough economy, some luxury condo seller’s are resorting to renting their units out in order to stop the proverbial bleeding. Rather than making money, some owners are willing to let their Ultra Luxury Condos rent for prices…
It’s no secret that luxury towers in Boston and Cambridge command high prices, but believe it or not it’s the suburban rental market that is leading the way in terms of rent growth. In fact, it was the south and…
Condos are extremely popular in Boston right now and while some neighborhoods, such as Cambridge and Davis Square are expectedly quite popular, some other areas nearby are gaining quite a bit of attention from potential condo buyers. Towns such as…
The budget deal recently struck between Republicans and Democrats may slash housing counseling funding, forcing agencies to lay off high volumes of staff despite the foreclosure crisis being felt from coast to coast. One of the Department of Housing and…
According to a new report that was released by the NLIHC, Massachusetts is one of the priciest states for renters in general. When it comes to suburban and rural renters, Massachusetts is the most expensive state. The study reported that…
For the last 2 years we have seen the high end market in Boston remain strong. In 2009 we are finally starting to see what everyone has been talking about for the last 12 months. Things like, “The market will…
Over the recent months luxury condo owners in Boston are finally coming to the realization that even the high end market is not recession proof. Although we are not technically in a recession(2 Straight Quarters of negative GDP), we are…