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Porter Square's Rand to Feed Condo-Starved Cambridge 20 Units

Porter Square's Rand to Feed Condo-Starved Cambridge 20 Units

A perennial for-sale crunch in the People's Republic fuels a climate of bidding wars and over-asks harsh even by Greater Boston standards.

Prices are expected to start at $600,000, and pre-sales should start soon.

Cambridge the Place to Be for Affluent Baby Boomers

A new report from real estate search engine Zillow found that 7.7 percent of Cambridge households earning $350,000 or more annually are headed by someone at least 55 years old. That means that the People?s Republic has the second-highest concentration of affluent baby boomers in the U.S., behind only the Washington, D.C., suburb of Arlington, Va.