boston

Surging Biotech Industry Means Demand for Boston Area Commercial Real Estate

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The life sciences industry is taking off, with the medical technology and biotech sectors expected to grow further as traditional pharmaceutical companies are joined by startups and incubator labs driving new research and development. And with life sciences innovation rising, so is demand for the space in which to innovate. “Real estate is [...]

Boston Area Real Estate Simultaneously Becomes More Valuable and Affordable

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SANTA ANA, Calif.–First American Financial Corporation, a global provider of title insurance, settlement services and risk solutions for real estate transactions, released the November 2018 First American Real House Price Index (RHPI). Boston is signaling an improvement in affordability, according to the [...]

The State of Boston Area Commercial Real Estate in 2019

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The Greater Boston office market ended 2018 with a bang as absorption gains of nearly one million square feet pushed vacancies down to 11.6% in the fourth quarter of last year, according to a report by a Boston brokerage firm. Year-to-date net absorption totaled nearly 1.6 million square feet as out-of-market demand and local growth resulted [...]

Boston Is Among The Best Real Estate Bets For 2019

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Boston has made it into the top 10 best real estate bets for 2019. In 2018, jobs grew at an unprecedented rate of 2.5 percent. Home prices went up 6 percent, and income went up 6 percent as well. The average home is listed for $426,000 and the average monthly rent is $1,614. Taking all of these factors into consideration, Boston area real [...]

The Top 3 Foreign Real Estate Bargains Probably Aren't What You Expect

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Have you always dreamed of buying an old house in Italy or France? Change that goal to Turkey or Greece and you may find the dream is more affordable than you imagined.

Analysts looked at real estate data from 36 developed (OECD) countries and calculated the places where you'll get the most home for the least money. By these rankings, Turkey [...]

The Silver Lining for Rejected Amazon HQ2 Finalists

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It was no secret that e-commerce giant, Amazon, was looking for its second headquarters among major U.S. cities. Unfortunately, or fortunately, depending on your perspective on the idea, all of the finalists could not share the new jobs and billions predicted to inundate the local economy. Amazon chose Arlington, a northern city in Virginia and NYC to split the home of their HQ2. However, many of the areas considered, but ultimately rejected, are expected to outperform the national average over the coming year. This comes even as the overall market is slowing. 

Historical Landmarks, Architectural Anomalies, or Single-Family Homes? Here's what Churches Mean for Your Neighborhood

This church conversion in Chicago was transformed into a single-family home. Arched stained-glass windows were maintained, and some panels were swapped out for clear glass.

Houses of worship have always been incredibly important to the feel of a neighborhood– they serve as community centers, architectural landmarks, and historic hubs. Often iconic structures, churches can contribute to blight when they’re dormant but can also generate traffic and improve perceptions of safety and vibrancy when they’re active [...]

8 Boston Architecture Firms Ranked Among Top 50 Nationwide

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Eight Boston architecture firms have made the list of Top 50 Architecture Firms in the United States, with Boston-based William Rawn Associates ranked as number three–the list of the top 50 architecture firms for 2018 was compiled by Architect [...]

Cooling Housing Market Gives Home Buyers Hope

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Boston is an expensive city to buy a house. Anyone who has ever tried to buy in the Boston area knows about the bidding wars and heavy competition to become a homeowner. Fortunately for sellers, the Boston area housing market has been heated and growing steadily more heated over the past few years. However, buyers may soon be catching a break according to new reports show that home prices in the region showed the first signs of cooling off in October—the volume of sales slowed, as the number of properties for sale increased.

Commercial Real Estate Market Surges

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Commercial brokers’ earnings have reached an annual average of over $150,000, and from 2016 to 2017 the median sales volume increased from $3.5 million to $3.87 million. With numbers that good, it’s no surprise that more and more real estate professionals are entering the commercial industry.  

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