Residential Real Estate
Housing Recovery Uneven in Surprising Locations
Zillow recently put out a report exploring housing recovery in areas hardest hit by the foreclosure crisis, finding – not surprisingly – that those areas have not recovered as quickly and to the extent of their more fortunate neighbors.
Cooling Trend Could Bode Well for Homebuyers
Don’t call it a “buyer’s market.” Don’t call it a “correction.” Call it a “re-balancing.”
27-Unit Affordable Project Opens on Fairmount Line
A partnership between developer Traggorth Cos. and Southwest Boston Community Development Corp. is bringing affordable housing to a transit-oriented site in Hyde Park.
Community Good Works
Financial institutions across the commonwealth kick off donation campaigns for food pantries and homeless shelters this holiday season.
More Single-Family Homes Under Agreement in October, While Condominiums Fall
The number of single-family homes put under agreement in the month of October rose 9 percent over the last year, while condominium pending sales were down 5 percent over last year, according to the Massachusetts Association of Realtors.
Apartment Developer Buys Medford Property for $26M
A Texas multifamily developer has paid $25.7 million for a Medford property recently approved for a 350-unit apartment complex.
Construction Starts Projected to Top $800B
U.S. construction starts are projected to total $808 billion in 2019, essentially level with the current year’s pace of activity, according to a report by Dodge Data & Analytics.
Personnel File
New hires join banks, engineering firms and real estate offices across the state.
FSBOs Are Fizzling
What’s been happening to that good old-fashioned American way to sell your home – doing it yourself, with minimal or no commission costs?
Kinlin Grover Completes Acquisition
Kinlin Grover Real Estate, a subsidiary of The Randall Family of Companies, has completed its acquisition of Real Estate Associates of Cape Cod.
Community Good Works
Massachusetts’ financial institutions and real estate firms are stepping up this holiday season.
Cambridge Apartment Tower Refinances Debt
Developer Greystar has refinanced the debt on its 392-unit Zinc apartment tower at 22 Water St. in Cambridge.
Boston Realty Advisors Acquires CL Waterfront Properties
Boston Realty Advisors has acquired CL Waterfront Properties, a top listing and selling brokerage company on Boston’s Waterfront.
William Raveis Opens New Office in Lynnfield
Shelton, Connecticut-based William Raveis Real Estate, Mortgage & Insurance this week opened a new office in Lynnfield.
Personnel File
It’s a busy time for firms and financial institutions across the commonwealth, with a raft of hirings and promotions in key positions.
William Raveis Real Estate Relaunches Nantucket Office
William Raveis Real Estate Mortgage & Insurance has relaunched its Nantucket office.
Banker & Tradesman’s Editorial Cartoon: What Bubble?
Bostonians have a fragile illusion of safety.
Home Prices Drop Nationwide and Across the Globe
“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.
Commonwealth Committed to Early Childhood Education
High-quality child care facilities benefit children, their families and society. Facilities with lots of natural light, access to play indoors and outdoors, and space that supports teacher planning and encourages parental involvement are essential to fostering children’s health and well-being, especially for children living in low-income neighborhoods.
Banker & Tradesman Celebrates the 2018 PRISM Award Winners
The Builders and Remodelers Association of Greater Boston honored industry leaders with its annual PRISM Awards on Oct. 25. Banker & Tradesman celebrates and congratulates this year’s winners.
