Gov. Maura Healey has promised to “go big” on housing as he pushes a multibillion-dollar spending plan. But three big pieces of disused or soon-to-be-disused state property show she’s got more work to do in that regard.
Housing experts, developers and business leaders have high hopes that the recently passed Housing Choice Act will boost housing construction in Massachusetts, reversing a decades-long decline in the number of units built each year in the Bay State.
The number of towns with a median single-family home sale price of $1 million nearly quadrupled over the past eight years. And it is yet another sign as well that housing affordability in our state is going from bad to worse.
Amid a strong market in 2019 – stronger still in Greater Boston – that keeps sending prices worryingly higher, places like Brockton and Springfield that once had a hard time attracting attention saw healthy growth.
An office park next to Hanscom Airfield in Concord is headed to 90 percent occupancy, up from 50 percent in 2017, following the execution of three leases for a total of 47,000 square feet.
Barrett Sotheby’s International Realty of Concord, an independently owned and operated affiliate of Sotheby’s International Realty, has acquired Action Real Estate, which will now operate as a Barrett Sotheby’s International Realty office.
Boston-based Novaya Real Estate Ventures has acquired 300 Baker Ave. in Concord from Normandy Real Estate Partners for $63.6 million.
