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From the Wall Street Journal: The U.S. housing market has broken out of a deep slump, and prices are shooting up faster than anyone thought possible a year ago. For many homeowners, that is a cause for celebration. But the speed at which prices are rising is prompting murmurs of concern that the Federal Reserve’s [...]

The popular Vila Mexico Cafe at the Grampy’s Gas Station on Beacon Hill recently closed and was supposed to reopen across the road on Cambridge Street, between the Liberty Hotel and MGH. But it’s recently opened a “pop up” restaurant on Medford Street in Somerville. No word about opening a permanent site on Cambridge Street.

DeLuca’s Market is exploring whether to have indoor seating when and if it ever opens again on Charles Street, perhaps five tables to accommodate 20 people, the Beacon Hill Times reports. There was a meeting scheduled for last night about its various zoning requests. Possible updates to come.

From a housing perspective, the past year was a good one for Massachusetts – and we can only hope things will continue to improve in 2013. Think about all the progress over the past year in Massachusetts: An increase in home sales for 11 consecutive months, a healthy decline in inventory, a slowdown in the [...]

Congrats to Kimberly on becoming the next president of the Massachusetts Association of Realtors.

Boston Metro Zillow Home Value Index Boston Metro real estate info Zillow is reporting encouraging news about Boston-area and national housing prices in November. According to Zillow, the Boston Metro area saw a 0.6 percent month-to-month rise in home prices last month, to $316,00, and a 4 percent year-over year increase. The cities of Boston [...]

The Back Bay Sun has a story and map of what downtown Boston might look like if sea levels continue to rise due to climate change. Bottom line: So long, Back Bay! Good to know you. Ditto for East Boston, the Fenway, etc. But Beacon Hill and South Boston real estate would sure hold their [...]

From the Beacon Hill Times: “Amid concerns about the precedent it would set for future residential development in the neighborhood, the Beacon Hill Civic Association (BHCA) Zoning and Licensing Committee voted Wednesday to oppose granting the variances necessary to convert a single-family home at 75 Hancock St. into two luxury condominiums.” The property had been [...]