ABODO Says Rents Begin to Accelerate Painfully Slow National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in August was $ 1,109 with two-bedroom units coming in at $ 1,358. ABODO says apartment prices continued to exhibit sleepy upward movement. Indeed… “There are some hopeful signs that the […]
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Labor Day 2020 While Labor Day weekend traditionally marks the unofficial end of Summer, the Coronavirus has made 2020 a year like no other. We sincerely hope you were able to enjoy this past summer season and whatever good weather it has left. The U.S. Department of Labor says: “Labor Day, the first Monday in
New South End development The Smith has set aside affordable apartments for artists New 300-unit development was designed to capture the community’s industrial and artistic history. The post New South End development The Smith has set aside affordable apartments for artists appeared first on Boston.com Real Estate.
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Oppose the CDC’s Eviction Moratorium! The September 4th Nationwide Eviction Moratorium launched by the Centers for Disease Control and Prevention is an absolute over-reach and in direct contrast to the state-by-state and county-by-county approach of the Trump Administration and at direct odds to the successful prevention techniques being utilized throughout the country. Additionally, for the
Jackie O’s getaway on Martha’s Vineyard is sold to land preservation groups ‘The 304-acre Aquinnah property will be known as the Squibnocket Pond Reservation.’ The post Jackie O’s getaway on Martha’s Vineyard is sold to land preservation groups appeared first on Boston.com Real Estate.
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CDC to Order Temporary Halt in Nationwide Evictions to Prevent the Further Spread of COVID-19 Bloomberg is reporting that the Center for Disease Control and Prevention is planning to temporarily halt residential evictions nationwide for individuals earning less than $ 99k/year to prevent the Coronavirus from spreading, according to an unnamed senior administration official. Bloomberg
US long-term mortgage rates edge up, but stay under 3% The average rate on the 15-year fixed-rate mortgage declined, however. The post US long-term mortgage rates edge up, but stay under 3% appeared first on Boston.com Real Estate.
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Share of Multifamily Built-for-Rent Reaches New High The NAHB’s Eye on Housing recently took a look at multifamily construction data from the U.S. Census Bureau to reveal that market share of multifamily construction starts increased to 96% during Q2, 2020. Breaking that down further, there were just 3k condo multifamily unit starts, however there were
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A Gloucester couple was shamed for their aging house. Hundreds of people stepped in to help And hundreds of people have chipped in with offers to help them spruce up the place. The post A Gloucester couple was shamed for their aging house. Hundreds of people stepped in to help appeared first on Boston.com Real
Pending Home Sales Up 5.9% in July The National Association of Realtors is reporting that pending home sales jumped 5.9% in July – marking three consecutive months of increases. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) rose to 122.1 with every major region experiencing an increase in month-over-month contract