by admin | Jan 23, 2023 | Finance, Market Updates, Politics, Real Estate, Residential, society
he U.S. housing market last year bore the brunt of higher mortgage rates that rode spiraling inflation in the broader economy, but that will change this year, according to Susan Wachter, Wharton professor of real estate and finance. “The Fed is using the housing...
by admin | Nov 2, 2022 | Development, Investment Tips, Local News, Market Updates, Residential, society
Some were booming before the Covid-19 pandemic hit. Others shot up in popularity arguably because of the pandemic. A few have been slow-but-steady-growth markets for some time. The national housing market slowdown has been one of the headlining stories of 2022, after...
by admin | Sep 28, 2022 | Development, Industrial, job market, Local News, Politics, society, sustainability
Lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to what they cost before the pandemic building boom and pointing to a sharp slowdown in construction. Lumber futures ended Tuesday at $429.30 per thousand board feet,...
by admin | Sep 12, 2022 | Investment Tips, Market Updates, Marketing, Residential
While we wait to see if — or rather when — the economy will fall into recession, we can all agree that the housing market on its own is heading for a deep freeze. And both can largely be blamed on the actions of the Federal Reserve. The Fed is widely expected to boost...
by admin | Mar 24, 2014 | Development, Local News, Marketing
President Obama released the budget of $100 million in federal fiscal year 2015 supporting the MBTA (Massachusetts Bay Transportation Authority) Green Line Extension project (GLX) which benefits the economy and environment of Somerville and Medford communities in the...
