That’s a fair question that tenants ask about all the time as the Consumer Price Index (CPI) measures the price change of consumer goods and service, in which real estate is not included. The answer is yes. It does affect your rent that is one of the income sources of your landlord. And it doesn’t […]
The Burnham Building and old Filene’s building have been empty for years in Downtown Crossing and bring a scruffy impression to this area, which could have been the Times Square of Boston. There have been some construction projects going on in Downtown Crossing but they are not helpful to relief the continuously tightened residential […]
According to the Merriam-Webster Dictionary the word suburb has three different meanings that are all related. The first definition is an “outlying part of a city or town”, the second is “a smaller community adjacent to or within commuting distance of a city”, and the third is “the residential area on the outskirts of a […]
Somerville’s Magoun Square is becoming a different area, changed by yoga and bikes. There is a shift in urban community towards wealthier residents and businesses bringing with it a new personality. Some may say that this is a good change, while others who currently enjoy the urban community see this change as losing some of […]
When in Boston the constant bustling of all surroundings can be overbearing at times. If you’re looking for a peaceful place to relax, or if you’re a nature loving individual you can come appreciate some of the beauties in life with The Kendall Apartment Tower connected to a garage with a spacious rooftop garden. Anyone […]
Q2 2013 Apartment Trends from Reis Reports by Kevin Friedman The apartment sector has seen very strong vacancy decreases (down 0.2% to 4.3% from the end of 2012). Rents increases have also been solid, rising by 0.5% this quarter. These numbers may not last too far into the future, partly due to the increase in […]
In what is excellent news for the Bay State from both an economic and environmental standpoint, the Massachusetts Clean Energy Center recently made an offer of $1 million to support energy-efficient retrofits for affordable multifamily housing developments. The MassCEC was created in 2008 for this exact purpose. They aim to accelerate the Commonwealth’s clean energy […]
With things looking shaky on the home front, Chinese investors have decided to try their hand in American real estate. Wealthy Chinese are pouring money into commercial and residential properties across the United States, from high-rise condominiums in San Francisco to office towers in Manhattan. Ms. Zhang Xin, the CEO of China’s largest commercial real […]
If you’re looking to purchase a luxury condominium in the heart of Boston, chances are you’re not alone. The median price of a downtown condominium in Boston has reached an all-time high for the first quarter, rising to $537,000 for one unit, up 7% from last year’s first quarter when the median price was $500,000. […]
In less than a week from now, the massive redevelopment project of NorthPoint will take a major step forward. The ceremonial groundbreaking of one of the project’s apartment towers is scheduled for Wednesday May 29th. Located on a 45-acre parcel of land in Cambridge at the edge of the Charles River, the property is expected […]
