There’s no escaping the next real estate downturn: the only question is when it will hit. The signs of softening – slowing home sales and slowing price growth – are already readily apparent both in Greater Boston and in major markets across the country.
“Sharon’s having trouble selling their house – they’re dropping the price,” my wife noted, reading an email from an old college friend. Those are words I haven’t heard in a decade.
It was a canny development decision that laid the foundation for one of the most remarkable transformations in the history of sports. This is the fourth World Series for the Red Sox since a then-obscure hedge fund guru by the name of John Henry and Hollywood producer Tom Werner bought the Red Sox in 2001. On the December day nearly 17 years ago when they emerged victorious from a $700 million-plus bidding war for the team, the new owners vowed to win not one, but multiple World Series.
Did you hear the news? Top Democratic strategists now believe that sky-high home prices and the dearth of affordable housing can be a winning issue in the 2020 presidential race.
Would a President Warren be the cure for our country’s increasingly messed up housing market? Sen. Elizabeth Warren has finally made official what anyone with half a brain has long suspected – she’s eyeing a run for the White House.
New York Life Real Estate Investors has provided $96 million in fixed-rate mortgage financing for the The Merc at Moody & Main, a multifamily and retail complex in downtown Waltham.
Gas prices shot up 73 percent in 1973, the year OPEC lowered the boom on the U.S. economy. Pumps went dry and irate drivers queued up in long lines at service stations; some resorted to stealing precious fuel from their neighbors’ cars at night.
You could fit more than 30 microapartments inside the largest penthouse on the market in Greater Boston.
Earlier this month, organizations and stakeholders from across the finance ecosystem came together for Boston Fintech Week, a volunteer-led, grassroots effort that put together 35 free events in Downtown Boston.
The YIMBY revolution has finally arrived in Boston’s suburbs.
A relatively small group of NIMBY homeowners has paralyzed the housing market in the suburbs of Boston, choking off new construction and driving up prices and rents.
From the Back Bay and South Boston to the commuter suburbs on Route 128 and I-495, home prices in the Boston area and across Massachusetts are smashing one record after another.
Sorry, but no city needs to blow $100 million in a bid to pump up civic pride. Especially Worcester, which struggles each day to pay for basic services like schools and police.
It’s got to be tough to be head of your local trade group, whether it’s representing retailers, construction contractors or, in the case of David Begelfer, real estate developers.
The U.S. Office of the Comptroller of the Currency announced earlier this month that it would begin accepting applications for national bank charters from fintech companies, a move that will likely streamline the regulatory process for pioneers in the banking space.
What’s in a name? Apparently not much if it happens to be the “Innovation District.” Boston City Hall’s years-long, head-scratching attempt to rename the booming Seaport is officially dead.
As the former Arsenal Mall in Watertown is partially demolished to make way for the mixed-use Arsenal Yards development, one question remains unresolved: what’s happening to the old Boston Garden scoreboard that used to hang above the mall’s food court?
Boston Mayor Marty Walsh doesn’t strut around acting like the city’s development czar. He doesn’t design tower tops, as his legendary predecessor did, to the detriment of the city’s skyline, with the resulting “baby bottle” high-rise at 111 Huntington.
Another year and yet another epic fail for comprehensive zoning reform in Massachusetts.
It’s nearly impossible these days to get approval for even the humble in-law apartment thanks to the housing snobs who call the shots in too many Boston-area suburbs and towns.