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Archive for the 'Massachusetts real estate' category

Lack of housing inventory is getting ridiculous in Boston

The Massachusetts Association of Realtors has released its May housing numbers. And you guessed it: Sales down again last month in Massachusetts (by 9 percent for single-family homes and 1.1 percent for condos) while prices continue to soar ($347,900 median price for single families, up 7 percent; $316,000 for condos, up 9 percent). The main [...]

Mother Nature’s Danger Zones for Massachusetts homes

We’re constantly hearing about major hurricanes in Florida, devastating earthquakes in California, and crazy tornadoes in the Midwest. But we didn’t know that large portions of Massachusetts – i.e. Worcester and Middlesex counties – are actually among the most risky areas of the country in terms of natural disasters destroying homes via hurricanes, tornados and [...]

Quincy moving fast to replace Marina Bay nightclub with apartments

It’s pretty obvious the city of Quincy is no big fan of the Ocean Club at Marina Bay. So that may partially explain the fast-track schedule for building a new 352-unit luxury apartment complex by developers Hines, of Houston, and Metlife Inc., of New York. The developers only bought the prime ocean-front property 10 days [...]

Using aerial drones to sell real estate in Massachusetts

The Herald has a story this morning on how the FAA is thinking of relaxing rules for commercial uses of aerial drones. One Lexington real estate agent is plowing ahead, FAA be damned: Lexington Realtor Jonathan de Araujo has been using a drone to take aerial shots of properties he is listing since last summer, [...]

Lenders go into overdrive to clear out backlog of delinquent mortgages

For the second straight month, the number of foreclosure filings have spiked in Massachusetts, more than doubling in April compared to the same month in 2013. What’s going on? Is the market tanking again? Is it a return to the ugly past? Not really. Apparently lenders are now going all out to clean up their [...]

Impressive Mass. population growth is exacerbating housing shortage

So we’ve all heard how Massachusetts and other Northeast states have been losing population. Right? That might have been true a few decades ago. But not recently. Over the past three years alone, Massachusetts has grown by 129,561 people, or by 2 percent, to about 6.6 million people. Most of that growth has occurred in [...]

‘Manufactured homes’ may be key to affordable housing in Mass.

The Globe has an editorial calling for the Walsh administration to re-think construction codes and other city ordinances in order to make it easier to build more affordable “manufactured” homes in Boston. It’s a long over-due idea and suggestion that applies to all of Massachusetts, not just Boston. First of all, many people need to [...]

Despite predictions, inventory of homes for sale continues to fall in Mass.

As they say, hope springs eternal. Heading into the spring real-estate season, many realtors predicted, or hoped, that the low inventory problems facing the market might ease a bit. The thinking went like this: Surely, potential sellers were seeing how they could fetch really great prices if they put their homes up for sale. So [...]

Area housing boom now spreads beyond I-495

Here’s a Globe story with some interesting statistics about how hot the Cambridge market has become these days, including sale prices now routinely exceeding asking prices and for-sale homes lasting only eight days on the market. But here’s the thing: The boom is now extending out past 495 and hitting places like Lunenburg, which is [...]

Are more homes finally coming on the market in Massachusetts?

Here’s some very good news for those worried about the low number of homes for sale in Massachusetts, a problem that has recently led to wild price escalations as demand outstrips supply: The Massachusetts Association of REALTORS® (MAR) reported today that pending home sales for single-family homes had its biggest April since MAR began tracking [...]

Let's talk Boston real estate. The most recent real estate comments

  • Tyler Mills, Lenders go into overdrive to clear out backlog of delinquent mortgages: Instead of forcing out the...
  • warren currier, ‘Boston’s faux housing boom’: Scott, Do you own any units in Boston? Supply /...
  • Nishant, Major Developers: Affordable homes can only be built outside downtown Boston: Yes, this is correct that...
  • warren currier, Done deal: Dr. Dre buys Tom and Gisele’s mansion for $40M: The property is located in LosAngeles,...
  • JS, Despite predictions, inventory of homes for sale continues to fall in Mass.: One thing that could be holding...
  • dcmhomebuyers, For 74 Beacon Street, it was the kitchen, stupid: Nice house. I think front section to location of...
  • Johnd478, Five signs you’re a ‘renter for life’: I just couldnt depart your site prior to...
  • Dionis Padron, Downtown condo prices now averaging near $1 million each: great article but prices for standalone...
  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...

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