Economists Forecast Strong 2017 In Greater Boston

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Melrose Named Hottest Market In Massachusetts By Jim Morrison | Banker & Tradesman The Greater Boston real estate market is on track for a strong finish this year and next year will bring more of the same, Jonathan Smoke, chief economist at Realtor.com, told an audience of hundreds of real estate professionals at the Federal […]

Boston’s luxury housing boom slows down

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By Tim Logan | The Boston Globe The epic building boom that has added thousands of luxury housing units in the Boston area may have peaked, as a report to be released Tuesday by an influential foundation suggests the region has run out of customers willing to shell out huge sums in monthly rents. The […]

Housing Report Shows Strong Economy, But Growing Poverty

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By Alison Bruzek | WBUR A report out today from The Boston Foundation says the Greater Boston economy is booming — but the rising cost of living means that now, more than 16 percent of families are living in poverty. According to the annual Greater Boston Housing Report Card, income inequality in the region remains among […]

Report Finds Housing Permits Down In Greater Boston

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By Bob Oakes | WBUR A new report finds that after years of increases, there’s been a decline in the number of housing permits issued this year in Greater Boston, “especially in core cities and for multi-unit developments.” The report is the annual Boston Housing Report Card, from The Boston Foundation. Its lead author, Barry Bluestone, told […]

Building Bonanza of Luxury Apartments in Boston May Be at Peak

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By Jennifer Levitz | The Wall Street Journal Even as U.S. home prices hit a high in September, the building bonanza of luxury apartments in Boston, one of the nation’s hottest rental markets, may be peaking, according to a report released Tuesday. The number of permits issued for new housing units across Greater Boston is expected to fall sharply, […]

Rising mortgage rates unlikely to dampen Boston real estate

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By Katheleen Conti | The Boston Globe Mortgage rates are on a post-election spike that some observers said marks the end of the historically low rates that homeowners and house hunters have been enjoying for the past five years. Rates for 30-year loans this week edged over 4 percent for the first time in 2016, […]

Bluestone, CHTF Honored By B’nai B’rith Housing

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By Banker & Tradesman staff Northeastern University professor Barry Bluestone and the Commonwealth Housing Task Force were honored by B’nai B’rith Housing on Tuesday evening for their commitment to affordable housing in Greater Boston. Bluestone, founder of Northeastern’s Kitty and Michael Dukakis Center for Urban and Regional Policy, is both advocate and analyst. With others […]

Housing, Education, Transportation Dominate Economic Outlook Talks

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By  Laura Alix | Banker & Tradesman The Massachusetts economy is strong and vibrant, but the state needs serious investments in its infrastructure – and transportation in particular – to support projected growth in the years ahead. That was a major consensus to come out of a panel discussion last week among three regional chambers […]

Hillary Clinton’s Urban Agenda

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Her ambitious plan for cities would build on her husband’s legacy. How much of it could she get done? By Erick Trickey | Next City When Hillary Clinton spoke in Harlem in February, she barely used the words “urban” or “cities,” but she laid out one of the most ambitious urban agendas of any modern presidential […]

Stagnant wages hits home in Lynn

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By Thomas Grillo | The Daily Item LYNN — Despite the lowest unemployment rate in 15 years, the number of Lynn homeowners facing foreclosure grew by nearly 24 percent since January as families continue to struggle to pay their mortgage, according to The Warren Group, the Boston-based real estate tracker. Lenders filed 161 petitions to foreclose, […]

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