Waiting for the new episode of the True Detective or Once Upon a Time? Consider yourself a mystery, history or architecture fan? Stretch your legs and get ready to explore the fascinating historical Cambridge Common Historic District on a sunny morning. The Cambridge Common Historic District is a historic district located in one of the […]
Ever heard of the Together Fest? This electronic music and technology festival returns May 11th-18th. The fifth festival throughout the years is in the works and organizers stated that they’ll be posting performance and booking information as they receive it. Yasiin Bey, known as Mos Def until the summer of 2011, will be playing in […]
Foreclosure activity in the state of Massachusetts continued to fall this quarter—signaling further economic recovery for the Bay State. The number of foreclosures in Massachusetts has remained under 1,000 for the fourth consecutive month, while petitions signaling the first step of a foreclosure have decreased by 38% year over year. 856 petitions were filed this […]
Thinking of selling your home? December marked the highest jump in prices since May 2006, 8.3% compared with December 2011. The jump can be attributed to a low inventory of homes and rising demand for housing nationwide. The effects of steady increases in home prices are overwhelmingly positive for the US economy. Owners are enticed […]
Following the housing bubble, construction of new homes declined sharply. The effects of low home inventories were felt in 2012 and will continue throughout 2013. The MLS Property Information Network reports that prospective buyers in Massachusetts had 23% fewer homes to select from compared to this time last year. In fact, in just Boston alone […]
Bright Horizons Family Solution, a provider of employer-sponsored child care, early education, and work solutions founded in 1986, is scheduled to begin trading on the NYSE today. This IPO is the first for a Massachusetts based company in 2013 and only the 17th in the past two years. Bright horizons will be traded under the […]
Good news for the Massachusetts housing market—sales of single-family homes increase by an astonishing 21% in October compared to last year’s figures. Furthermore, the Massachusetts Association of Realtors reported that October was the 16th consecutive month where sales were higher than during the same month in the previous year. In addition, the group also reported […]
Say goodbye to Johnnie’s Foodmaster, a supermarket chain founded in East Cambridge in 1947. Last week it was confirmed that all 10 Foodmaster supermarkets are closing. After 65 years in business, doors are set to close on November 30th. Reports that Whole Foods Market would purchase 6 of the 10 leases the Foodmaster chain held […]
Residents of Massachusetts can expect an increase in the average property owner’s tax rate by next year. The Department of Revenue has reported that 21 community property tax rates have been approved and all but the towns of Eastham and Alford plan to increase rates on residential and commercial property (Boston Business Journal). The expected […]
Wegmans, a high-end grocery chain based in Rochester, New York, is set to break ground on a new Massachusetts store on October 16th. The family owned grocery chain opened its doors in 1916 and today boasts 78 stores in 5 states and employs over 40,000 people. The new 135,000 square-foot store, located in Northwest Park […]
