Yardi: Large Markets Pulling Down National Rent Average According to the latest Yardi Matrix Multifamily Report, the average U.S. rent in August was $ 1,463, up $ 1 from July with year-over-year rent growth remaining at -0.3% (same as July). However, they point our that larger markets are a drag on the rest: “On a […]
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Five bathroom updates buyers will appreciate According to a report from Review Home Warranties, online searches related to home remodeling are up 84 percent this year. The post Five bathroom updates buyers will appreciate appeared first on Boston.com Real Estate.
Stop, Look, and Listen Stop, Look, and Listen By M. Jane Garvey This phrase is drilled into us from childhood – pertaining to railroad crossings. It will also come in handy when reminding ourselves of some of the key things we need to be doing when we are looking for opportunity, transacting in real estate,
Four ways to pay for home renovations After months of lockdown during the pandemic, many have become aware of the failings of their homes. | realestate.boston.com The post Four ways to pay for home renovations appeared first on Boston.com Real Estate.
Millennials are Helping Power This Year’s Housing-Market Rebound We love posting about that elusive cohort known as the millennial generation. A recent Wall Street Journal article (reposted on Realtor.com) suggests that millennials, who have been viewed as a perennial renters, are now emerging as a “driving force” in the housing market’s recovery. Interestingly, they point
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Millennial buyers flock to the burbs All it took was a pandemic for millennial home buyers to start doing the previously unthinkable: ditching the city for suburbia. The post Millennial buyers flock to the burbs appeared first on Boston.com Real Estate.
Construction Spending Up Slightly in July The U.S. government is reporting that total construction spending in July was at a seasonally adjusted annual rate of $ 1,364.6 billion, which is 0.1% above than June’s revised estimate. However, July’s figure was 0.1% lower than July, 2019. Residential construction was at a seasonally adjusted annual rate of
Centers for Disease Control (CDC) Issues Nationwide Eviction Moratorium Through Dec. 31 CDC Eviction Moratorium Pushes Boundaries of its Public Health Authority, Raises Other Serious Constitutional Problems While we have been in federal court arguing the constitutionality of the Massachusetts Eviction Moratorium, the Trump administration’s Centers for Disease Control and Prevention (CDC) just issued an
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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