by The Associated Press | Mar 15, 2024
At the root of this problem: America failed to build enough homes for its growing population. The shortage strikes at the heart of the American dream of homeownership – dampening President Joe Biden’s assurances that the U.S. economy is strong.
by Steve Adams | Dec 24, 2023
Architectural avatars of efficient and livable middle-class housing, triple-deckers altered the landscape Massachusetts in the early 20th century. Over 100 years later, Massachusetts’ affordability crisis is prompting a fresh look at the form.
by Lew Sichelman | Jun 4, 2023
Cash is always king. But if that’s not an option, is a 40-year mortgage a good way for homebuyers to jump over the affordability hurdle?
by Banker & Tradesman | Apr 2, 2023
Evidence from around the world shows that improving broad-based affordability in Massachusetts requires allowing new housing in abundance.
by James Sanna | Mar 7, 2023
A new analysis by Redfin economists has found that the share of listings that the median-earner could afford in Massachusetts’ two biggest metros has fallen nearly 60 percent or more over the last year.
by James Sanna | Jul 28, 2022
Imagine if you had to work 107-hour weeks just to afford your apartment. That’s what a minimum-wage worker in Massachusetts would need to afford a market-rate two-bedroom.
by James Sanna | Jun 23, 2022
The income needed to buy the median home in every major Massachusetts metro is significantly greater than the median income, a new study found.
by Banker & Tradesman | Jun 19, 2022
Boston Mayor Michelle Wu gave the state legislature perhaps her strongest argument yet to accept her transfer tax proposal last week when she laid out a goal of creating affordable housing “as quickly as we can.” on over 1,200 underutilized city-owned properties.
by Banker & Tradesman | Jun 19, 2022
New Census data has highlighted what so many renters and would-be homebuyers have struggled with for years: Massachusetts’ housing costs are out of control. This latest data likely isn’t a surprise to my fellow business leaders who have seen firsthand the damage it’s done our state and economy.
by Steve Adams | May 15, 2022
It wasn’t supposed to be this difficult to push the first part of Harvard University’s new Enterprise Research Campus across the finish line. But community opposition and personnel changes have put the project into an uncertain holding pattern.
by James Sanna | May 3, 2022
By three different measures, the cost of buying a home in America is going through the roof – so high that one analysis says housing affordability is the worst it’s been since 2006.
by James Sanna | Mar 30, 2022
Demand for purchase mortgages appears to be holding steady even as interest rates rapidly rose to nearly 4.5 percent over the last month.
by James Sanna | Apr 15, 2021
It’s the biggest question in Massachusetts real estate today: Will we ever get enough single-family inventory on the market to slow down massive price increases?
by Scott Van Voorhis | Jan 3, 2021
DeLeo amassed great power, but he leaves office with little to show for it when it comes to two bread-and-butter middle- and working-class issues: the state’s spiraling home prices, traffic-choked roads and insufficient transit systems.
by James Sanna | Dec 29, 2020
A new study by First American has found that Greater Boston’s price jumps in October were the third worst in the nation on a year-over-year basis.
by Banker & Tradesman | Nov 19, 2020
The economic problems caused by the COVID-19 pandemic and social unrest sparked by racial injustice shows the need for national politicians to take housing issues seriously, a new report by prominent Harvard University housing scholars says.
by Steve Adams | Jan 31, 2020
Boston and a handful of inner suburbs have played an outsized role in Massachusetts’ recent multifamily housing production. What happens if multifamily developers can’t bid enough to acquire urban development sites in the first place?
by Banker & Tradesman | Sep 16, 2019
A new poll by Morning Consult and the National Association of Home Builders has found tour out of five American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well.
by Banker & Tradesman | May 21, 2019
A new report from commercial real estate site Commercial Cafe has found the 10 best Boston-area suburbs for prospective homebuyers looking for the shortest commutes into Boston.
by State House News Service | May 2, 2019
A bill at the center of Gov. Charlie Baker’s plan to address the state’s housing crisis, that would make it easier for towns to rezone areas for housing construction, is moving forward on Beacon Hill after failing to pass in the last legislative session.