The Home-Price Crisis Came for Western Mass., and It Isn’t Leaving
A steady stream of remote workers fled Boston for rural New England during the pandemic. It’s helped the Pioneer Valley become one of the nation’s hottest housing markets.
A steady stream of remote workers fled Boston for rural New England during the pandemic. It’s helped the Pioneer Valley become one of the nation’s hottest housing markets.
Massachusetts can be a winner in the federal government’s push to bring biomanufacturing back to the United States – if it plays its cards right.
The Springfield, Massachusetts area was the hottest housing market in the nation in July, according to Realtor.com.
Numbers of new listings are only up moderately in the Pioneer Valley, even as the rest of the state sees bigger gains, spurring calls for more housing production.
Ware-based Country Bank is planning to put up a branch in Springfield by 2025 to establish a physical presence there amid growth opportunities and intensifying competition in the Western Massachusetts market.
After opening a loan office in downtown Springfield in October, Connecticut-based Liberty Bank officially opened its first bank branch in Massachusetts following successful expansion of its business lending in the Pioneer Valley this year.
Connecticut-based Liberty Bank recently opened a new loan office in Springfield, and is set to open a full-size branch in East Longmeadow “later this fall” as it chases what it believes is strong growth potential in the Western Massachusetts market.
New Valley Bank President and CEO Jeffrey Sullivan has guided his four-year-old institution through explosive growth, in part thanks to an early marketing boost from PPP lending and in part from embracing the Pioneer Valley’s growing cohort of highly diverse entrepreneurs.
The Pioneer Valley banking scene has a new entrant, in the form of Liberty Bank.
Citing “strong” ridership, state officials and Amtrak announced Friday that train service for passengers traveling between western Massachusetts and New York City will become permanent.
Seeing all of these quick decisions by homebuyers and rising prices, many can’t help but think we’re heading towards another crash. But evidence from the Pioneer Valley says this market is different – and ordinary people could be the biggest winners.
Sellers stayed home, buyers swamped markets statewide, the Cape posted record sales figures and urban condos kept selling. What didn’t happen in the spring-turned-summer real estate market?
Jeffrey Sullivan was part of a small group of long-time bankers who thought western Massachusetts needed more options for small business lending. To fix this, they decided to open Massachusetts’ first de novo bank in a decade.
With the foundations of thousands of homes in Massachusetts and Connecticut crumbling thanks to contaminated aggregate, a group of Nutmeg State legislators say all quarries need better quality contros to prevent the problem in the future.
The state legislature may need to come up with $350 million in the coming years to help thousands of homeowners from Auburn to Springfield whose foundations are contaminated with a mineral that makes them crumble.
The federal government is putting $550,000 into infrastructure improvements that will support the development of a new 17-acre industrial park featuring a brewery and more in Belchertown.
A commuter rail line service that connects Connecticut and Massachusetts communities in the Connecticut River Valley and beyond attracted record ridership during Thanksgiving weekend.
Holyoke will be the site of Amazon’s latest distribution center this fall, according to city Mayor Alex Morse.
Officials in the Pioneer Valley are hailing a new, daily Amtrak service through the region as a potentially “game-changing” economic development opportunity.
A developer has applied to build a 62-unit apartment building near the corner of College and South East streets in Amherst.