The Cambridge City Council unanimously passed an amendment to the Zoning Ordinance for Inclusionary Housing Monday night, increasing the amount of affordable housing that will be included in new Cambridge developments to 20 percent of residential floor area in new developments.
A generation ago, the process of house-hunting was very different than it is today.
The white-hot Greater Boston real estate market is generating a lot of heat, and a lot of money, but it’s not making everyone feel all warm and fuzzy.
Massachusetts has much to be proud of when it comes to providing affordable housing solutions for populations in need.
First-time homebuyers are finding it increasingly difficult to purchase a home in Massachusetts as prices and low inventory have significantly increased competition in the market, according to the 2016 Massachusetts Profile of Home Buyers and Sellers from the National Association of Realtors.
Michael Richardson was born into a military family in South Carolina, and moved around the country several times before graduating from high school and going on study and play football at the University of Notre Dame. After graduating, he played cornerback in the NFL, including two seasons with the Patriots, before settling in the Boston area with his wife to put his marketing degree to work pursuing a career in real estate sales.
Professor Barry Bluestone, Northeastern University economist and head of the Dukakis Center for Urban and Regional Policy at that institution, has long advocated for the city and local colleges and universities to take a more proactive approach to housing the tens of thousands of students who come to Boston each year – and to him, the Olympics seems like a perfect opportunity to push that agenda forward.
After a bitter bite over the weekend, the Blizzard of 2013 was followed by an even quicker thaw — a phenomenon not unfamiliar to the denizens of a certain local real estate market.
After years of market turbulence, prospects for the national housing market – and the Massachusetts real estate industry – are looking very optimistic.
The spring real estate market is quickly approaching, and real estate professionals throughout many parts of Massachusetts are already beginning to experience a flurry of activity.
Every once in a while, I get a call that starts “did you hear about XXX, stole XXX million from his clients.â€
We commiserate, shake our heads, wring our hands and predict that this is just one more nail in the coffin of real estate practitioners.
