Apartment Rents Shatter All-Time Records
Apartment rents have blasted past pre-COVID levels in Greater Boston as demand returned to both downtown and suburban markets while the new supply pipeline declined.
High-Water Marks for Eastie Condos
East Boston is a neighborhood on the shortlists of condominium shoppers looking for new construction with luxury amenities and arresting skyline views – Seaport District perks at a discount.
Remigration Benefits Battered Downtown Apartments and Condos
The Boston real estate market has been experiencing a wild ride since mid-2020 when COVID-19 appeared on the scene. The speed of the precipitous pricing decline for both urban core rental and for-sale product surpassed even 2008’s historical crash.
Luxury Apartment Glut Starts to Recede
It’s still a renter’s market for luxury apartments in Boston, but it doesn’t look like that’s going to last much longer after five straight months of rent increases
Developer Seeks Condo Switch for Downtown Tower
Developers of a 21-story tower are casting a vote of confidence in Boston’s condo market as they seek a switch to 148 for-sale units at their LaGrange Street project.
Raffles Bets on Rebound in Downtown Luxury Condo Market
After a broad-based dip in Boston’s luxury condo market in 2020, developers of the Raffles Boston Back Bay Hotel & Residences have a brighter post-pandemic outlook for sales of 146 condos at their 35-story tower.
Downtown Apartment Rents Took Biggest Hits in 2020
Apartment rents dropped by double digits in many high-priced Boston neighborhoods in 2020 amid a rate war as tenants opted for suburban locations for savings, according to a new report.
Who’s Still Bullish on Urban Condos?
Boston’s urban condo market began 2020 robustly before the pandemic all but paused sales for several weeks as agents, buyers and sellers adjusted to new realities. Now, signs point to the beginnings of a recovery starting to emerge.
The COVID Apartment Market Offers Few Silver Linings for Renters
Is it possible this situation might at least temporarily create housing opportunities that would be accessible to moderate or middle-income families, who could now afford to save money on housing?
High-End Developers Weigh COVID Containment Plans
The stakes are high for developers who are wrestling with how to make high-density urban living attractive to potential buyers and tenants, amid lingering questions about the length of the pandemic and its effects on the housing market.
Renters Reluctant to Pull Up Stakes
Owners of new apartment buildings in the Boston area are facing unprecedented times trying to fill units amid the coronavirus outbreak and economic downturn that’s left many would-be tenants wary of moving into unfamiliar and oftentimes more expensive living quarters.
Agents Face New Challenges in Virus’ Wake
With Massachusetts’ ongoing supply-demand imbalance expected to continue as the COVID-19 pandemic abates, agents face a difficult environment as they try to adapt to a new normal.
Will the Spring Market Become the Summer Market?
With the economy reeling and “social distancing” now the norm, real estate agents are becoming increasingly convinced that the once-promising spring market may have to wait.
Echelon Presales Show ‘Efficient’ Designs Appeal to New Downtown Condo Buyers
Sales activity at EchelonSeaport could be a good barometer of what to expect in the Boston luxury condo market for 2020: healthy demand for smaller, more efficient units that appeal to buyers in the sub-$1 million range.
South End, JP Condo Projects Begin Presales
Developers of two new condo projects in South End and Jamaica Plain have announced prices and begun presales in preparation for their completion in 2020.
Hub on Causeway Plans Canine Playground In the Sky
Outdoor decks with skyline views and dog play areas are popular amenities in new luxury apartment and condominium developments. A 440-unit tower scheduled to open this fall in Boston puts the two together.
Condo Market Still Has Some Runway
The market remains firmly tilted in sellers’ favor, but is beginning to show signs of a correction while two record-setting ultra-high-end condominium developments scheduled to open this spring in Back Bay and asking prices for Boston condos continue to rise.
EchelonSeaport Begins Condo Presales
With steel framing work kicking off early this month, developer Cottonwood Management has begun marketing 447 luxury condominiums at the $950 million EchelonSeaport complex.
Eastie Waterfront Condos Hit The Market
Presales have begun for the 80-unit Slip65, the first condominium development in the multifamily construction boom on the East Boston waterfront.
Satellite Neighborhoods Emerge In Condo Market
After a fourth-quarter post-election stumble, condominium prices in Boston resumed their upward trajectory late in the first quarter.
