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Residential
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Zillow: U.S. Home Values Continue Speedy Rise (posted Yesterday at 11:33am)
U.S. home values continued to climb in April, increasing 5.2 percent compared to April 2012 and increasing 0.5 percent from March, according to a report from real estate portal Zillow. This is the sixth consecutive month of annual home value appreciation at or above 5 percent.
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Menino Announces $1.8 Billion Capital Plan To Transform City (posted 05/20/13 at 11:25am)
Boston Mayor Thomas Menino and other city officials and community leaders announced a five year, $1.8 billion capital plan that will transform Boston's neighborhoods, streets and learning and recreational facilities.
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Banker & Tradesman Editorial Cartoon (posted 05/20/13 at 7:00am)
Best seats in the house.
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Luxury Market Soaring (posted 05/20/13 at 7:00am)
In the Middle Ages, when a fever was sweeping the streets of the city, those with means often retreated to the cool of the countryside to escape the infection. But in this frenzied spring for home buying, even the luxury buyers seems to have caught the bug – bidding wars are spreading to all price ranges and markets as luxury homes sales are on a pace to record their best totals in half a decade.
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When Short Sales Leave Sellers Short (posted 05/20/13 at 7:00am)
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender?
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What The Next Mayor Needs To Do (posted 05/20/13 at 7:00am)
Earlier this month, a speaker's program hosted by Equity Office for The Boston Harbor Association's Emerging Professionals quickly turned into a productive mini-planning session when Boston Redevelopment Authority planner Chris Busch discussed and solicited suggestions for a downtown waterfront municipal harbor plan. Participants were very interested in the city's vision for the waterfront area closest to the Rose Fitzgerald Kennedy Greenway, as well as future plans for South Boston's Innovation District.
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Schochet Cos. Celebrate 40 Years With New Brand, Updated Name (posted 05/17/13 at 11:26am)
Boston-based Schochet Cos. is celebrating its 40th anniversary with the launch of a new brand and updated name, logo and website.
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Boston Fed President: Low Interest Rates Still Needed To Boost Economy (posted 05/16/13 at 11:13am)
Federal Reserve Bank of Boston President Eric S. Rosengren lauded the Fed's loose monetary policy today in a speech to the Global Interdependence Center Central Banking Conference in Milan, saying the Fed's efforts to increase the money supply and keep interest rates low continue to be necessary to keep the economy growing in the face of government spending cuts.
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