Builders Predict More Pain for Housing Production
Homebuilders say the latest energy efficiency standards being adopted in many Massachusetts communities will wipe out recent progress the state has made toward spurring housing production.
Homebuilders say the latest energy efficiency standards being adopted in many Massachusetts communities will wipe out recent progress the state has made toward spurring housing production.
As building costs soar, developers in Greater Boston are putting the brakes on new housing projects. And given the record high home prices and rents in the Boston area, this is the last thing we need.
Despite the uncertain fallout for the housing market, one thing is not likely to change: The Bay State’s dubious title as one of the most expensive places in the country to buy a home or condominium.
A retail strip center in a former furniture store and industrial building in Salem was sold to Symes Assoc. of Beverly.