Mortgage rates – which topped out at 5.3 percent last month before sinking slightly to 5.1 percent last week – combined with rising home prices have pushed the traditional 30-year loan out of reach for many.
With the rise of the COVID-19 pandemic, the area’s life science and biotechnology sector became the latest Massachusetts industry to bring international acclaim.
JP Morgan Chase has received approval to open two more branches as part of its expansion in the Greater Boston area.
Local professional real estate groups are applauding the National Association of Realtors’ decision Tuesday to try to curb the practice of pocket listings.
Boston Mayor Martin Walsh and Citizens Bank are teaming up to help residents in the Greater Boston area facing the greatest obstacles to full-time employment.
From the Back Bay and South Boston to the commuter suburbs on Route 128 and I-495, home prices in the Boston area and across Massachusetts are smashing one record after another.
Mid-August is not the Greater Boston area’s best season. The weather is variable (as it always is in New England), swinging from disgusting muggy days – it’s not the heat, it’s the humidity – to cold gray rain, back to searing hot skies and sticky nights.
Boston’s rapidly rising population is spurring an apartment boom of discerning renters who expect more in apartment amenities, and the developers and owners who respond to these market demands are reaping the reward of premium rents.
A Rhode Island man last Thursday was charged in federal court in Boston with three additional counts of bank robbery.
Greater Boston’s growing tech economy is acting as a catalyst for commercial real estate investment, with the region topping Silicon Valley and 11 other global markets categorized as “innovators” in a new JLL report.
New data from the Federal Reserve shows that bank loans to businesses grew 1.1 percent from a year ago as of Dec. 20, the lowest growth rate since spring 2011.
Mayors and municipal governments in Greater Boston are taking important steps to address best uses for their city streets, with the fundamental goal of moving commuters more effectively on buses.
We all look forward to the fall. Except when everything’s back in full swing and you are trying to get anywhere. Traffic is on everybody’s mind, and system solutions are needed to serve our region’s growth plan.
Andy Hoar is president and co-managing partner of CBRE/New England, a joint venture with 450 employees at offices from New Haven, Connecticut to southern New Hampshire. The firm has represented clients in some of the largest deals reshaping the Boston office market in recent years, including General Electric, law firm Goodwin and Putnam Investments. Although Hoar’s idea of a perfect vacation is fly fishing in Montana or the Adirondacks, he’s careful not to let his leisure time linger, haunted by the memory of a senior executive at a previous firm who took a two-week West Coast vacation without checking in to the office and was let go two weeks later.
It looks like Greater Boston’s red hot housing market still has some juice left, but just how much remains to be seen. After a fall-off last year raised some red flags, construction of badly needed new homes, condominiums and apartments across Massachusetts is on the rebound once again.
If home is where you hang your hat, do you really need a Realtor to help you find the right wall?
The economic rebound from the 2008 recession is a rising tide that doesn’t necessarily lift all boats. Several sectors are showing mixed-blessing results, including credit card lending, retail, manufacturing, real estate and some financial sectors.
The inner suburbs of Boston have long been home to companies powering the Greater Boston economy, but towns like Waltham and Watertown are experiencing a redevelopment boom as former factories are finding a second life in the 21st century.
The rumblings have begun across the nation that the U.S. is headed for another recession.