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Five Things You Need to Know Today

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Good morning, Boston, and Happy Wednesday. Here are the five most important things you need to know to help start your busy business day. Find out why one transgender lawyer is joining with Charlie Baker on women's issues.  Also, Amazon finally offers same-day delivery to Roxbury and more!

 

 

Important Things To See In Beacon Hill

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Beacon Hill is a prominent attraction for tourists visiting Boston. The Greek Revival architecture, Cobblestone Streets, Boston Commons and the Public Garden are all located within a walking distance and nobody wants to miss out on these attractions. But a complete tour of the Beacon Hill area could easily take up a whole day.

To avoid that, here’s a guide of all the major destinations you need to see and this is totally doable in two hours.

$22 Million Project for Roxbury Headquarters Proposed By Suffolk Construction

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Suffolk Construction (the biggest general contracting firm in Massachusetts) is preparing for a $22 million expansion of its headquarters in Roxbury to accommodate its projected growth by 10% in headcount.

A 38,000 sq. ft. expansion is proposed at 79 Allerton St, a location adjacent to the companies current headquarters.

The Millennial Homebuyer Affordability Crisis

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As millenials flock to major cities for professional opportunities, it seems their chances of being able to buy a home are slimmer than they realize. While nearly 80 percent of millennial homebuyers say they plan on purchasing a home someday, more than 40 percent have not started saving for a down payment.

 

Sales Seesaw: Vacation Homes Decrease, Investment Purchases Leap

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According to the National Association of REALTORS, in 2015, investment purchases saw an increase for the first time in five years. Meanwhile, vacation home sales cooled off but still remained at the second highest amount in nearly a decade.

Reflecting the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged in 2015.

 

The Five Boston Neighborhoods Everyone Should Be Watching

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There's so much winning going on in Boston right now, what with fresh development adding?thousands?of?apartments,?condos,?hotel rooms, and?dorms city-wide; passionate debate about the future of neighborhoods; fabulous new architecture,?public art, and parkland; and just a general acknowledgment that all the change afoot seems as manageable as much as it seems inevitable. Some Boston neighborhoods are changing faster and more than others, with five in particular that may be?unrecognizable?a few years out.

The Evolution of the Dream House: The 1960s vs 2016

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The typical American home has evolved significantly over the last 50 years. While buyers both now and then prefer the single-family in the ‘burbs, buyers in 2016 are bringing a new list of qualifications to the table – namely they want adaptable, open and efficient spaces.

 

Inside Millennium Tower's $37.5 Million Penthouse

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The Millennium Tower is the city’s tallest and chicest apartment building yet and is on track to sell out before it even opens. There are already sale agreements on more than 90 percent of the 442 luxury condos. With opening day set for next summer, that gives the developer plenty of time to make deals for the remaining 40 or so units.

 

Infamous Citgo Sign Building for Sale

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The building in Kenmore Square that includes Boston’s iconic Citgo Sign is for sale! Boston University is selling nine of its buildings in Kenmore Square. Boston University’s President, Robert A. Brown told BU Today, “We want to promote development that makes Kenmore Square an even more vibrant part of the city and gateway to the BU campus. That goal will be the guiding principal as we consider all the options available to us."

 

The Hottest Boston Neighborhoods of 2016

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Using home value forecasting, Zillow has announced its predictions for the Boston neighborhoods expected to see the most home value growth over the next 12 months. And it's probably not what you would expect.

 

What The Increased Interest Rates Mean for Millennials

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The Federal Reserve has finally raised its interest rate. The impact on savings accounts won't be huge, at least for now. However, with the December increase, the fed funds rate - which has been circling zero for the last six years - went up a quarter percent. Though this is a baby step, bigger changes could come in 2016 if the Fed continues to raise rates. So here's what millennial savers and borrowers should know and more improtantly, what to do about it.

Why 2016 Is The Perfect Year To Buy A Home

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Mortgage rates have been skimming rock bottom for a while now but they have finally started to rise again. Some homebuyers feel they've missed the window of opportunity. However, this is not the case. Here are a few reasons this year is a perfect time to finally become a homeowner.

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