Residential Real Estate
MA Single-Family, Condo Sales Rise in April as Spring Market Heats Up
May 22, 2019 | ReprintsSingle-family home and condominium sales increased last month as the spring Massachusetts real estate market started to heat up, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Massachusetts Association of Realtors Hires New CEO
May 22, 2019 | ReprintsThe Massachusetts Association of Realtors has appointed a new leader after a five-and-a-half-month nationwide search.
Apartment Developer Kicks Off $1B Fund With Boston Acquisition
By Steve Adams | Banker & Tradesman Staff | May 21, 2019 | Reprints | Unlock Link
A developer active in Malden Center’s transformation is teaming up with a real estate fund with plans to acquire $1 billion in apartment properties, including its initial investment in a Boston high-rise.
These 10 Suburbs Have the Shortest Commutes to Boston
May 21, 2019 | Reprints | Unlock LinkA new report from commercial real estate site Commercial Cafe has found the 10 best Boston-area suburbs for prospective homebuyers looking for the shortest commutes into Boston.
Hub on Causeway Plans Canine Playground In the Sky
By Steve Adams | Banker & Tradesman Staff | May 21, 2019 | Reprints | Unlock LinkOutdoor decks with skyline views and dog play areas are popular amenities in new luxury apartment and condominium developments. A 440-unit tower scheduled to open this fall in Boston puts the two together.
Delay Family Leave Taxes, Business and Labor Groups Say
By State House News Service | May 21, 2019 | Reprints | Unlock LinkState government should approve a three-month delay in payroll taxes needed to fund the new paid family and medical leave program, according to a coalition of business, labor and social justice groups.
Progressive Lawmakers Launch Counter-Proposals to Baker Housing Bill
By The Associated Press | May 20, 2019 | Reprints | Unlock LinkThe realities of a housing market where affordable homes, condos and apartments are increasingly hard to come by for middle- and low-income residents has prompted numerous proposals on Beacon Hill for spurring housing development. But so far, there’s no consensus.
Study: Renters in Boston, Cambridge Paid Twice National Average in April
May 20, 2019 | Reprints | Unlock LinkRenters in Boston and Cambridge were paying twice the national average in April at over $3,000 per month.
Mass. Unemployment Dipped Under 3 Percent in April
By State House News Service | May 20, 2019 | Reprints | Unlock LinkThe state unemployment rate last month dropped below 3 percent for the first time since December 2000, falling one-tenth of a point to 2.9 percent.
Personnel File
May 20, 2019 | Reprints | Unlock LinkMembers of the banking, construction and real estate industries were on the move in recent weeks. See who’s been hired and promoted in this week’s Personnel File.
New Lawsuits Raise Question of Who Should Pay Homebuyer’s Agent
By Kenneth R. Harney | Washington Post Columnist | May 19, 2019 | Reprints | Unlock LinkThe long knives are out again for one of American real estate’s oldest and most controversial traditions: requiring home sellers to pay the agents who represent the buyers of their properties.
Community Good Works
May 17, 2019 | Reprints | Unlock LinkMembers of the banking and real estate industries donated time and money to make their communities better places in recent weeks, from reading to children to building houses with Habitat for Humanity.
Pennsylvania Developer Buys Suffolk Microunit Dorm For $75M
By Steve Adams | Banker & Tradesman Staff | May 16, 2019 | Reprints | Unlock LinkAn Allston micro-apartment building that’s been used as dormitory space by Boston University and Suffolk University for the last three years has been acquired by a Pennsylvania developer for $75 million.
Baker’s Housing Choice Bill Faces Mixed Reception on Beacon Hill
By State House News Service | May 15, 2019 | Reprints | Unlock LinkAs the state’s housing crunch rages on, opinion at Tuesday’s hearing on key zoning reform legislation is still split over whether the bill goes far enough to help those most affected by the situation.
Is Sea Rise Wrecking Coastal Home Values? The Answer: Maybe
By The Associated Press | May 15, 2019 | Reprints | Unlock LinkSome research suggests rising sea levels and flooding brought by global warming are harming coastal property values. But other climate scientists note shortcomings in the studies, and real estate experts say they simply haven’t seen any ebb in demand for coastal homes.
Chamber Chief Slams MBTA, Calls for ‘Bolder Solutions’
By State House News Service | May 14, 2019 | Reprints | Unlock LinkFrustrated with a recent series of announcements, Boston-area employers are growing impatient with the MBTA and demanding that it consider “bolder solutions,” including farming out capital spending oversight to a new entity.
Mansfield Rental Complex Sold to NYC Investors
May 13, 2019 | Reprints | Unlock LinkNew York City-based Corigin Real Estate Group has made its first investment in Massachusetts’ multifamily market with the $15 million acquisition of a 66-unit apartment complex developed by Turner Brothers construction.
How Does Your Listing Presentation Stack Up?
By Bernice Ross | Special To Banker & Tradesman | May 12, 2019 | Reprints | Unlock LinkThe general manager of my company recently lost her father-in-law and her family is preparing to sell his home. If you have ever wondered why consumers don’t get your value or challenge you on the commissions you receive, their experience illustrates why this is the case.
Zillow Faces Legal Action Over its Co-Marketing Program
By Kenneth R. Harney | Washington Post Columnist | May 12, 2019 | Reprints | Unlock LinkA class-action suit against the online realty giant Zillow is moving forward after insider whistleblowers alleged that the company designed its controversial “co-marketing” program to violate federal anti-kickback laws.
Community Good Works
May 10, 2019 | Reprints | Unlock LinkMembers of the real estate, construction and banking industries gave back to their communities in many ways, including over $15 million in grants.
