Residential Real Estate
Homebuilders Project Higher Costs for Net Zero Construction
New Massachusetts decarbonization regulations will drive up costs of single-family homes by nearly $23,000, according to the findings of an industry study.
State Opening New Intake Center to Ease Shelter Pressure
The Healey administration announced Friday it’s opening an intake center in Allston for families, particularly immigrants, experiencing homelessness, where they could be directed to temporary stays in townhouses at Joint Base Cape Cod.
One House, Forever
Imagine if your first house lasted your entire lifetime – that you’d never have to leave, uprooting your family in the process, and that you could even pass the place down to your descendants. Here’s how to do it.
Three Myths About the Luxury Residential Market
Firm pricing can’t be explained away by supply and demand dynamics. Rising inventory and declining sales suggest weaker prices. So, what’s going on? I suspect that the answer lies in marketing myths.
Banker & Tradesman’s Editorial Cartoon: Why Are Cape Vacation Rentals So Empty?
It’s so apparent, even the sharks are taking notice.
Healey Launches $97M Housing Grant Program
Packaged in a $14 billion infrastructure plan the Healey administration announced Thursday morning are hundreds of millions of dollars worth of new housing investments.
Cape Landowners Face Steep Septic Upgrade Bills
Cape Cod communities will have two years to opt into a new watershed permitting process intended to reverse nitrogen pollution and restore the region’s estuaries to their natural state, according to final regulations released Wednesday by the Healey administration.
Tax Relief Bills Again Up For Negotiation
The fate of tax relief will now rest with a legislative negotiating committee after the Senate on Thursday stamped its unanimous approval on a nearly $590 million package.
Median Sale Prices Relatively Unchanged in May
The median sale price of single-family home in Massachusetts dropped compared to the same month a year prior, although by only $1,000.
Letter to the Editor: B&T Offers Wrongheaded Housing Solution
We agree with last week’s Banker & Tradesman editorial that affordable housing needs new sources of funding that can bring in enough money to actually make a difference – but advocating increased property taxes as the answer is completely wrongheaded.
When Beacon Hill Failed Us
Let me tell you a story about the time we could have made a big dent in our housing crisis almost before it started, but a steady parade of governors and House and Senate leaders never stepped up to the plate.
SCOTUS Sides with Tax Delinquents
Every homeowner pays property taxes. At least, they should. But sometimes, people can’t – or won’t – pay the piper, and the tax collector comes calling.
It’s the Housing, Stupid
We apologize for our rude headline, but there’s really no other conclusion to draw from a new Massachusetts Business Roundtable survey that’s rightly setting hair on fire across the state.
Senate Leader Sees Different Path to Competitive Edge
Amid debate over how to keep Massachusetts competitive and how tax cuts figure into that goal, Senate President Karen Spilka emphasized Thursday the importance of “shoring up and expanding” the state’s middle class.
Study Says ‘Nearly Everyone’ Has a Mortgage Rate Below 6 Percent
A nationwide analysis by researchers at brokerage and listings portal Redfin has found that 4 in 5 residential mortgage borrowers have an interest rate below 5 percent, and even more have a rate below 6 percent.
Homeowners Lost $2K in Equity Across Mass., $5.9K in Boston Area
The analysis by CoreLogic economists shows American homeowners with mortgages lost a combined $108.4 billion in home equity last quarter on a year-over-year basis.
Former MTF Head: Senate Bill Whiffs on Competitiveness
Without the short-term capital gains tax rate reduction favored by Gov. Maura Healey and the House, the Senate tax package “offers little” to offset the Fair Share Amendment tax hike on the wealthy, Eileen McAnneny said.
Thomson Takes Reins of Business Group AIM
A leadership transition is underway at Associated Industries of Massachusetts, one that will see president and CEO John Regan hand the reins of one of the state’s leading business groups to Executive Vice President for Government Affairs Brooke Thomson at the end of this year.
Personnel File – No. 336
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
Realtors on Beacon Hill: Build More, Skip Rent Control
As renters and would-be homebuyers face an affordability crisis, a leading trade group for the people who facilitate home sales is eyeing new building projects as the solution.
This Week’s Newspaper
