Tags: Boston

Fed Officials Shift Tone But Remain Wary of Markets’ Aggressive Rate Cut Bets

By Steve Matthews and Catarina Saraiva Federal Reserve officials shifted their tone this week, inching closer to the conversation markets have long been having: When will the central bank begin cutting interest rates? A litany of policymakers — including six who will vote on policy next year — indicated in recent days that they were comfortable with keeping rates […]

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Summers Says ‘Transitory Factors’ Behind Inflation Are Now Easing

By Christopher Anstey (Bloomberg) — Former Treasury Secretary Lawrence Summers said that “transitory factors” have been one element in a faster slowdown in US inflation than he anticipated. “Given how strong the economy has been, there’s still a surprise in what’s happened to inflation,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. That […]

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ABG Commercial Facilitates 8,481 SF Acquisition for Luxurious Condo Conversion

By Boston Real Estate Times Boston – ABG Realty spearheaded the acquisition of 323 Commonwealth Ave in Boston, representing buyer John Manganaro. This 8,481 SF property is set to undergo a remarkable transformation, being reimagined into two luxury condo units. During the sale, Ryan Taylor of Fortune RE represented the seller. Stephanie Deering, Vice President […]

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By Greg Ryan Massachusetts is building significantly less housing than it was in the mid-20th century. Not coincidentally, the median home sale price has nearly doubled in the past decade to $600,000, far outpacing income growth. More people are leaving Massachusetts for other states than are moving here. Those problems are what the MBTA Communities zoning […]

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