More Developers Nationwide Offer Incentives for Buyers
By Aglaia Pikounis
Flat-screen televisions, brand-new cars and free home upgrades are some of the incentives that a growing number of housing developers nationwide are offering to attract buyers as the residential real estate market has shown signs of cooling off.
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Mortgage Firms Merge as Loan Market Shrinks
By Andrea Gregory
The sales of two Bay State mortgage companies last month may be just the first of many. With loan volume slowing, many industry watchers say a thinning of the ranks in the mortgage profession and industry consolidation are likely to accelerate in the coming year.
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Boxboro Reacquires Branch Office, But Many Towns Lack Local Bank
By Andrea Gregory
Boxboro, a tiny rural town about 30 miles from Boston, had one bank. Citizens Bank closed its Boxboro branch last September, leaving the space on Massachusetts Avenue vacant and the community bereft of a bank until last week when Middlesex Savings Bank filled the void.
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Suburban Successes From 2005 Spill Over to the Western Front
By Joe Clements
Fads and weather systems tend to migrate into New England from the west, but the opposite is true for suburban Boston’s economic fortunes, and as 2006 begins, it appears the gains seen last year in Lexington, Waltham and the Framingham/Natick markets are finally trickling outward to Interstate 495, especially in the central strip between Route 2 and the Massachusetts Turnpike.
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