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Jun 14, 2013 10:30:00 AM
The fact that rents in the Greater Boston Area are expensive isn't news, but the rate at which rents are rising might be a bit of a surprise for those individuals comtemplating entering the real estate market as first-time home buyers.
Rents in the Boston Area increased 5.5 percent in May 2013, increasing faster than all other metro areas tracked except Miami, according to a report release by real estate Web site Trulia. Miami rents increased 6.4 percent in May.
Topics: Real Estate Misc., Boston
May 6, 2013 5:37:00 PM
Greater Boston home buyers saw the average price of a single-family home increase by 5.2 percent in February compared to February 2012, according to the Case-Shiller Home Price Index, which was last released April 30, 2013.
The report showed that home prices in Boston, using seasonally adjusted data, increased 1.1 percent from January to February. The index is made up of 20 cities, and all 20 cities have shown an increase in home values for at least two consecutive months on a year-over-year basis.
Topics: Real Estate Market, Massachusetts Home Prices, Boston
May 2, 2013 10:30:00 AM
NECN's This Week in Business segment on April 7, 2013 took a look at the Spring real estate market in the Greater Boston Area. This 10:42-minute video is a discussion of the real estate market with Tim Warren of The Warren Group, publisher of Banker & Tradesman, and Kimberly Allard-Moccia, President of the Massachusetts Association of Realtors.
Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, The Warren Group, Video, Boston
Apr 30, 2013 5:49:00 AM
The following 9:26-minute video from WGBH News, from March 2013, discusses the lack of inventory in the Greater Boston real estate market and the situation facing Boston area home buyers.
A month later and the inventory situation hasn't changed much, with properties moving fast and bidding wars commonplace.
Topics: Real Estate Market, Massachusetts Home Prices, Video, Boston
Mar 31, 2013 10:58:00 AM
Greater Boston home buyers may start to rejoice in the sweet sounds of the commuter rail or subway.
According to a study released March 20, 2013 by the American Public Transportation Association (APTA) and the National Association of Realtors (NAR), Boston real estate values during the last recession performed 129 percent better on average if they were located near public transportation with high-frequency service.
Topics: Real Estate Market, Home-buying Tips, Real Estate Misc., National Association of Realtors, Boston
Feb 14, 2013 10:15:00 PM
So how much house could you afford, if you ditched your $1,825 per month rent payment for a mortgage? Property taxes vary from town to town, and so do condo fees, but home buyers could probably afford about a $300,000 single-family home or condominium for $1,825 per month, give or take about $15,000.
Using today's interest rates – about 3.5 percent – you can calculate the cost of principal and interest on our simple mortgage calculator.
The Boston Businnes Journal reported February 8, 2013 that one sector of the economy is great. That's Boston's rental housing market, and landloards in the Greater Boston Area are making a killing.
Topics: Real Estate Market, Cambridge MA, Boston, Brookline MA, Somerville MA
Feb 1, 2013 9:16:00 AM
For Boston condo buyers and buyer agents serving the Downtown Boston condo market, including the luxury condo market, it probably isn't news that condo sales soared in 2012.
Topics: Real Estate Market, Boston
Dec 15, 2012 12:09:00 PM
The Boston Globe reported December 13, 2012 that a dilipated power station, out of use for 40 years, in Roslindale Square is set to be transformed into a mixed-use development with about 40 apartments, restaurants and a produce market.
Topics: Community Information, Real Estate Misc., Boston, Andover MA, Chelmsford MA, Brookline MA, Duxbury MA, Foxborough MA, Hanover MA, Kingston MA
Dec 13, 2012 10:15:00 AM
Exclusive buyer agent real estate firm Buyers Brokers Only, LLC has earned the service industry-coveted 2012 Angie’s List Super Service Award, an honor awarded annually to approximately 5 percent of all the companies rated on Angie’s List, the nation’s leading provider of consumer reviews on local service companies.
Topics: Real Estate Misc., Boston
Nov 30, 2012 10:45:00 AM
U.S. home prices rose in September for the sixth straight month, according to the S&P/Case-Shiller Home-price Index report released November 27, 2012. The report states that the data signals that the U.S. housing market is "in the midst of a recovery."
Topics: Real Estate Market, Boston
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