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Category Archives: Boston News

Why The Real Estate Market Will Remain Strong in Upcom...

According to recent news shared by Inman News, the forecast on the real estate market shows  continued strength over the next few years. The Mortgage Banking Association expects the housing market to stay healthy and strong for “at least the next five years” — and maybe even longer. “The economic backdrop is quite favorable,” the group’s chief economist, Mike Fratantoni, told reporters at the …

St. Regis Residences coming to 150 Seaport Blvd.

The address at 150 Seaport Boulevard will soon have a tower planned at the Seaport District location that is currently home to Whiskey Priest and the Atlantic Beer Garden. According to Cronin Development, this will be an outpost of the St. Regis luxury brand. This premier development is slated to be a tower that houses 114 condos and will scrape the Seaport’s skyline with …

2018 Begins with Slow Sales Due to Low Winter Inventor...

Existing home sales have recently experienced a slower month of activity for the month of January as the year 2018 began according to the National Association of Realtors. All significant regions across the United States had seen slower movement in sales due to limited inventory coupled with a typical slow down during the winter months. Total existing sales for completed sold transactions of single …

2017 New Home Sales Spark Future Growth

The real estate market for 2017 showed a strong trend for new home purchases. Specifically, the sale of newly built single-family homes alone for 2017 increased by 8.3% over the previous year. “The number of consumers planning to buy a new home in the near future is trending upward,” says Randy Noel, chairman of the National Association of Home Builders. “Inventory remains low, but …

2017 Completes the Year With Strong Real Estate Sales ...

As the year 2017 had come to its end, the real estate market had not proven to slow down with regards to sales pace. In fact, existing home sales for November in particular had seen their strongest pace in nearly 11 years. Total existing home sales are defined as transactions of single-family homes, townhomes, condos and co-op properties. These sales jumped by 5.6% for …

Back Bay tower gets city approval

After many months of concerns expressed by Old South Church, Boston Properties has won the blessing of the Boston Planning and Development Agency for their plans to build a billion dollar project atop Back Bay Station at a recent meeting. Thanks in part to an agreement to give $3 million to a preservation fund for Boston’s historic buildings such as Old South and Trinity …

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