Author name: Boston REIA

Zumper’s National Rent Report for December ’19 Rental information site Zumper recently released their National Rent Report for December, 2019 showing that the median national rent for 1-bedroom apartment was $ 1,230 (down 0.9%) and the median two-bedroom rent was $ 1,465 (down 1%).  Year to date, one bedroom prices are up 1.8% and two […]

Report: The cost to rent a two-bedroom apartment in Boston has increased 8.5 percent Boston ranked third in the US for the priciest rents. What other New England city made the top 20? Read more at realestate.boston.com. The post Report: The cost to rent a two-bedroom apartment in Boston has increased 8.5 percent appeared first

New Single-Family Home Sales Dip Slightly The U.S. government is reporting that sales of new single-family houses in October, 2019 were at a seasonally adjusted annual rate of 733,000.  This figure is 0.7% below revised September’s revised rate but is 31.6% higher than October, 2018’s figure.  The median sales price of new houses sold in

A design store with an espresso bar and flower shop just opened in the South End If you’re looking to spruce up your living spaces for the holidays, you may want to check out what this new SoWa District spot has to offer. Modern Relik, a contemporary and global design destination selling art, floor coverings,

Single-Family Rentals Rising on Low Supply Citing data from Corelogic, CNBC’s Diana Olick reports on the supply and demand for single-family home rentals.  According to CoreLogic latest SFRI, U.S. single-family rents increased 3% year over year in September.  They also point out that single-family rents started climbing  in 2010, and have stabilized around 3% since

Ask the Gardener: How to care for Christmas trees and plants You need to treat a Christmas tree like a bouquet of cut flowers if you want it to last. Get more advice at realestate.boston.com. The post Ask the Gardener: How to care for Christmas trees and plants appeared first on Boston.com Real Estate.

New Geographic Mobility Data Reveals Moving Trends We have to admit, there are some pretty intense data in here that might cure for insomnia or predict your next out of state real estate investment.  Indeed, the U.S. Census Bureau recently released their 2019 CPS ASEC Geographic Mobility detailed table package and updates to their historical

Bolstered by the Seaport, South Boston is now out of reach for many home buyers To understand the dramatic price shift in South Boston’s housing market in the past seven years, one need only look a few blocks away to the neighborhood’s Seaport District, with its gleaming new towers and ever-present construction cranes. Once a

Water Heaters Save Energy One Drop at a Time Water heaters…they’re either a potential time-bomb in that flip you just bought or an old friend in your basement.  However, if you ever need to replace one, what do you replace it with?  The good folks at The Home Depot put together this handy graphic to

Minority Homeownership Increases in Q3 The NAHB’s Eye on Housing is reporting that new data from the Census’ Housing Vacancies and Homeownership Survey (CPS/HVS) says minority homeownership increased in Q3 2019 to 48.3 percent, up 0.9 percentage points from the third quarter of 2018.  In addition, they point out that the year-over-year gain for this