America’s Economic Output
America’s Economic Output Howmuch.net says it’s no secret the US economy is powered by our nation’s big cities. Today’s infographic takes a look at how important these metros areas are to the national GDP. Stay safe and Happy Friday!!! “It remains to be seen exactly how the coronavirus will impact the American economy as tech […]
Suffolk Downs redevelopment secures BPDA approval amid calls for more affordable housing
Suffolk Downs redevelopment secures BPDA approval amid calls for more affordable housing A massive development that will essentially bring a mini-city to the former site of the Suffolk Downs racetrack notched a key approval from the Boston Planning and Development Agency early Friday morning. Officials unanimously backed the project, which, over a 20-year span, will […]
Federal Judge Mark Wolf: Eviction Moratorium Constitutionally Problematic If Extended Past Oct. 17
Federal Judge Mark Wolf: Eviction Moratorium Constitutionally Problematic If Extended Past Oct. 17 “The COVID-19 pandemic is not a blank check for the Governor and other elected officials.” — U.S. District Court Judge Mark Wolf Issues Landmark 102-Page Opinion on Constitutionality of Massachusetts Eviction Moratorium; Gov. Baker Signals He Will Allow Moratorium to Expire On […]
Millions Are House-Rich but Cash-Poor, Wall Street Landlords Are Ready
Millions Are House-Rich but Cash-Poor, Wall Street Landlords Are Ready A recent Wall Street Journal article (reposted on Realtor.com) explores the recent phenomenon that millions of homeowners are “house-rich but cash-poor,” thanks to high levels of equity in their homes. However, as the article points out, this situation could be a boon for big single-family […]
Self Storage Industry Sees Strong Demand
Self Storage Industry Sees Strong Demand We’ve had several posts about the self storage industry over the past few years. Now comes a recent report form RentCafé (analyzing the 100 largest markets) that says although inventory is high and rates are lower, demand is keeping the industry strong. RentCafé says the U.S. currently has over […]
As Suffolk Downs development heads to BPDA vote, negotiations remain
As Suffolk Downs development heads to BPDA vote, negotiations remain What would be one of Boston’s largest private developments ever, is heading to a crucial vote before the BPDA Thursday evening. The post As Suffolk Downs development heads to BPDA vote, negotiations remain appeared first on Boston.com Real Estate.
Sorry, buyers. The price of a single-family home in Mass. shot up 14 percent
Sorry, buyers. The price of a single-family home in Mass. shot up 14 percent In Greater Boston itself, prices are up, but sales are down. Get the lastest on the market and see the 64-community breakdown at realestate.boston.com. The post Sorry, buyers. The price of a single-family home in Mass. shot up 14 percent appeared […]
Home Building Geography Index for Q2
Home Building Geography Index for Q2 According to the latest Home Building Geography Index (HBGI), small metro suburbs accounted for the fastest growing geographical areas for single-family construction during Q2 (up 10.6% on a four-quarter moving average basis). In addition, the Index says the Coronovirus is helping to drive demand for construction in more suburban […]
Flipping May Be Down But Profits are Up
Flipping May Be Down But Profits are Up According to ATTOM Data’s latest U.S. Home Flipping Report, there were 53,621 single-family homes and condominiums flipped in the second quarter, representing 6.7% of all home sales during Q2. However, ATTOM points out that even though the flipping rate was lower than in Q1, both profits and […]
Money talk: Home costs don’t stop at a down payment
Money talk: Home costs don’t stop at a down payment It’s true that the cash tends to keep flying out of your bank account like that money-with-wings emoji. The post Money talk: Home costs don’t stop at a down payment appeared first on Boston.com Real Estate.