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Blog :: 09-2013

Boston's Expansion Mode Creates 8,700 Jobs

 

            Greater Boston's development boom is putting more people to work, fueling one of the biggest recoveries in construction jobs in the nation, according to a new report.


 
            The Boston, Cambridge and Quincy metro area has added 8,700 jobs since August 2012, a 16 percent jump that was second only to the 8,900 jobs added
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20% of Yelp Reviews Are Fraudulent

 
          How many of the Yelp reviews you read would you guess are forged by the companies being reviewed? MarketWatch reports that 20% of Yelp reviews are fraudulent, typically written by freelance writers from the Philippines, Bangladesh and Eastern Europe who receive between $1-10 for each review. New York attorney general Eric [...]

House Sales in Bay State

 
          Massachusetts' real estate market continued to smolder last month as the number of sales and the price of homes continued their steady ascent in a tight market.

 
          Sales of single-family homes climbed 13.8 percent to 5,925 making last month the best August since 2005, according to market tracker The Warren Group.
 
 

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What Will The New Flood Law Bring?



         A dramatic increase in flood insurance rates under a new federal law and a redrawing of flood lines by the Federal Emergency Management Agency could harm property values and lead to a new spate of foreclosures just as Massachusetts is beginning to recover from the Great Recession, several speakers told a state legislative panel

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Big Condo Projects On The Way

 
          For the past year, Bay State homeowners and potential home buyers competed in bidding wars as they targeted a dwindling supply of properties for sale. Massachusetts' housing market rebounded strongly in the first two quarters as the median sale price for single-family homes and condos jumped at double-digit rates and sales [...]

Expansion on Boston's Waterfront

 
 
 
     It's taken a few years, but the renaissance East Boston's waterfront is happening.Construction is finally underway on one major residential project and a second is expected to be permitted by year's end. Earlier this year, construction commenced on Portside at Pier One, the $67 million luxury apartment project on the waterfront [...]

The Cost of Downsizing


 


 

     There's good news if you are nearing retirement and want to downsize. You can sell your home now, and, if you are lucky enough to live in an upscale suburb like a Belmont or a Newton, you might be able to find a buyer within a week or two.The bad news? After selling the big and now empty house you have painfully resolved to say


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