Boston Real Estate Market Report: August 2016

boston real estate market report 2016

Strong buyer demand and a robust economy in Great Boston has contributed to steady sales and all-time record prices for both single family and condo markets in August according to data from the Greater Boston Association of Realtors.

Housing Crisis Widened the Gap Between Rich and Poor

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Homes that were foreclosed during the housing crisis have gained almost twice as much value as other homes. Unfortunately, the original owners of those homes are not benefiting from that recovery.

Since low-end homes were much more likely to be foreclosed, the housing crisis worsened the gap between rich and poor in the U.S.

Jamaica Plain, Davis Square and Allston/Brighton Ranked Boston's Coolest Neighborhoods

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According to a recent report from commercial real estate brokerage Cushman & Wakfield, Jamaica Plain, Davis Square and Allston//Brighton are the coolest Boston area enclaves.

Real Estate Roundup: June 1st, 2016

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Good morning, and happy Wednesday! Here?s a summary of recent transactions and personnel news within Greater Boston?s real estate community.

HFF?has arranged $51 million in recapitalization financing for?1030 Massachusetts Ave., a recently renovated 77,805-square-foot Class A laboratory/biotechnology building near Harvard Square in Cambridge. The borrower was an affiliate of Longfellow Real Estate Partners. HFF placed the five-year fixed-rate loan with...

New Home Sales Soar Higher

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New home sales data released this week showed that sales were 16.6 percent higher than March when comparing the seasonally adjusted annualized rates, and 23.8 percent higher than last year.

This news comes from estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

Boston Market Update: May 2016

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The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.


9 Tips for Real Estate Investing

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In 2002, brothers Kelly and Chris Edwards bought their first house in Raleigh, North Carolina. They were both in their 20s at the time and had both noticed a trend that the people with the hihest net worth owned real estate. They bought the house for $88,000 and in the next years bought another four or five properties. Today, they own [...]

Foreclosures Up in 32 States

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There were a total of 327,258 foreclosure filings in the third quarter of 2015 according to a recent report.

The annual increase in the third quarter was the second consecutive quarter where US foreclosure activity rose on a year-over-year basis following 19 consecutive quarters of year-over-year [...]

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