Boston Real Estate Investors Association

Zumper’s National Rent Report for March ’23

[ad_1] Rental information site Zumper recently released their latest monthly National Rent Report for March, 2023.  According to their data, rent for 1-bedroom apartments was $1,494 (up .02% from February) and the median two-bedroom rent was $1,833 (up 0.5% from February).  Zumper says this uptick points to a larger trend of deceleration of price increases […]

Cities Where a $100k Salary Goes the Furthest

[ad_1] What are the 25 places in America where $100k goes the farthest?  The folks over at SmartAsset remind us that a $100k salary just isn’t what it used to be.  With factors such as inflation and varying cost of living in different parts of the country, there are places that give you more bang […]

Local Market Monitor’s National Economic Outlook for March ’23

[ad_1] March, 2023 The number of jobs in February was 2.9 percent higher than last year, normally an indicator of strong economic growth, but the increase was 3.3 percent in January, 3.5 percent in December. The rate of improvement is slowing down, which probably means that we’re still counting pandemic recovery jobs as new jobs, […]

Housing Costs are the Leading Increase in Inflation

[ad_1] The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in February, 2023.  The all items index was up 6% for the 12 months ending in February.  Interestingly, the BLS says The index for shelter was the largest contributor to the monthly all […]

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