Boston Real Estate Investors Association

Yardi Says Another Record-Breaking Month for Multifamily

Yardi Says Another Record-Breaking Month for Multifamily According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $ 26 to $ 1,510 (up 8.3% year-over-year).  Yardi says single-family (Built-to-Rent) rents continue to grow at an even faster pace than multifamily, with national rents up 12.8% year-over-year.  In addition, out […]

Listed: For $2.49m, a Brutalist mansion designed for a famed art collector

Listed: For .49m, a Brutalist mansion designed for a famed art collector Commissioned by famed art collector Lois Torf, this single-family contemporary is art itself. Check out the cylindrical fireplace. | realestate.boston.com The post Listed: For $ 2.49m, a Brutalist mansion designed for a famed art collector appeared first on Boston.com Real Estate.

NMHC Says 80.2% of Apartment Households Paid Rent by August 6th

NMHC Says 80.2% of Apartment Households Paid Rent by August 6th The National Multifamily Housing Council (NMHC) says that 80.2% of apartment households made a full or partial rent payment by August 6th, 2021.  This figure is 0.9% higher than those who paid rent through August 6, 2020.  The data comes from the NMHC’s Rent […]

Listed: For under $600k, a turnkey mid-century modern ranch in Framingham

Listed: For under 0k, a turnkey mid-century modern ranch in Framingham Just about everything is new or updated in this home, from the flooring to the lights. Search the latest listings at realestate.boston.com. The post Listed: For under $ 600k, a turnkey mid-century modern ranch in Framingham appeared first on Boston.com Real Estate.

Home Prices are Jumping in Every Segment of the Market

Home Prices are Jumping in Every Segment of the Market A new report from Redfin says the median sale price prices of Mid-Priced and Affordable homes grew 16% and 13.2%, respectively, Most-Affordable homes rose 18.7%, with Luxury homes jumped 25.8% year over year in Q2 2021. “Home prices and sales plummeted at the beginning of […]

For $3.8 million, a dreamy, castle-like coastal escape in Maine

For .8 million, a dreamy, castle-like coastal escape in Maine Built by Alan Bemis, a physicist and professor at MIT, the property has two large homes, a cabin, and a deepwater dock. See inside at realestate.boston.com. The post For $ 3.8 million, a dreamy, castle-like coastal escape in Maine appeared first on Boston.com Real Estate.

Total Household Debt Keeps Rising

Total Household Debt Keeps Rising A new report from the NY Fed says total household debt rose by $ 313 billion (2.1%) to reaching $ 14.96 trillion in Q2, 2021.  According to their latest Quarterly Report on Household Debt and Credit, mortgage balances was the largest component of household debt, rising by $ 282 billion. […]

Renters: How to avoid being scammed

Renters: How to avoid being scammed As renters and landlords clamber to find and fill rooms before Sept. 1, scammers are preparing to capitalize on the rush. | realestate.boston.com The post Renters: How to avoid being scammed appeared first on Boston.com Real Estate.

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