RECENT BLOG POSTS
New data in a report by Yardi® Matrix states that apartment rental rates, on average for the month of February, rose by $1, an increase of 2.7 percent rise year—over—year.  “it is not surprising, nor is it something to be disappointed with, since it is very close to the long-term average,” the re...
03/19/2018
Today marked the grand opening of the stunning Pierce Boston, a luxury condo and apartment leasing building on the intersection of Brookline Avenue and Boylston Street. The 30-story tower holds 109 condominium units, 240 rental units, and over 20,000 square feet of street-level dining and retail ...
03/02/2018
New housing construction blew expectations away this January, with—according to the US Census Bureau and the Department of Housing and Urban Development—home-building up 9.7 percent, with 1,326,000 homes starting construction at the beginning of the year.  Single-family home starts were up 3.7 pe...
02/21/2018
It’s no surprise that the rental industry is changing, especially additions to the market such as Airbnb, which has become increasingly popular as an alternative to short-term rentals.  Now, refinancing will become easier for hosts. The company recently announced that it will be teaming up with Q...
02/15/2018
 This week, MassHousing closed on $17.1 million in financing for the construction of a new, 102-unit, affordable housing community in Lawrence. Trinity Financial, Inc., the company whose affiliate was financed by MassHousing, will turn the former Van Brodie Mill into the new mixed-income communit...
01/30/2018
2017 saw the greatest discounts for multi-million dollar estates in the famously expensive Greenwich, Connecticut, with home prices seeing price cuts similar to those during the 2008 recession. High end homes last quarter saw an average price cut of 13.5 percent, the highest discount since the la...
01/25/2018
The housing market had an impressive 2017 year, as another $2 trillion was added, bringing the collective total to $31.8 trillion, according to a recent report by a major real estate company. Home values last year increased 6.5 percent and at the fastest pace since 2013. “This was a record year f...
01/23/2018
After months of deliberation, Amazon has narrowed its list of contenders for its second headquarters down from 238 cities to 20. "Getting from 238 to 20 was very tough - all the proposals showed tremendous enthusiasm and creativity," Holly Sullivan of Amazon Public Policy said in a statement. "Th...
01/19/2018
According to the Fannie Mae Home Purchase Sentiment Index® (HPSI), confidence in housing has made a near-record return in November. THE HPSI reported a 2.6 percentage increase to 87.8. “In November, the HPSI rebounded to near its all-time high, returning the Index to its gradual upward trend and ...
12/22/2017
With the new trend among women being later marriages, higher education, and increased presence in higher-paying jobs, the era of women homeowners has become a new market that real-estate agents need to be better prepared to serve. To do so, it is impertinent to recognize women’s power as a buying...
12/20/2017
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James Lowenstern

Castles Unlimited. Newton MA Real Estate
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