Real Estate News: Demand for Housing to Increase as Prices Improve

The coming year of 2013 is looking to be ever so strong in terms of the Real Estate market and the overall direction it is headed in. There are statistics that support the fact that the beginning of 2012 saw housing prices hit their rock bottom point. As we have frequently discussed throughout the year, …

Housing Industry: Housing Permits Reach 4.5 Year High

Multifamily permits gained 10.6% of late which also reflected an overall improvement in all housing permits. The most recent records provided by the Commerce Department showed a 3.6% rise in housing permits, the highest recorded jump in the past four and a half years. The National Association of Home Builders (NAHB) were thus quick to …

Boston News: East Cambridge Skatepark Opening Fall of 2013

A 40,000 square footskate-parkis roughly 50% complete in terms of its extensive planning which has dated back eleven years when fundraising started when the project was initially envisioned. The location of this future superb facility will be in East Cambridge along the Charles River and will be under the Zakim Bridge. The Department of Conservation …

Real Estate News: Mass. Ranks as #2 Most Expensive State Nationwide

When over 72,000 home listings in over 2,500 Real Estate markets within the United States are analyzed, what would you guess was the State that came out with the most expensive properties on average? Studies show from January through June of 2012 that when comparing similar properties across the Nation, Massachusetts ranked as the second …

United States Economy: 19 Richest Metro-Areas – Boston at #7

There are 366 Metropolitan Statistical Areas of the United States of America, so if you were to think what are the top 19 richest Nationwide what would you guess? First, we must break down what statistics we are specifically looking at. This study coming from The Atlantic looked at the average per capita personal income …

Boston Commercial Real Estate: Four Buildings Bought by DivcoWest for $107 Million

The ever so popular mentioning of the Innovation District is once again making headlines. This 1,000-acre area in Bostons Seaport just had $106.7 Million in Real Estate traded. The private Real Estate investment firm known as DivcoWest are the proud new owners of what surmounted to four buildings spread throughout the area which were previously …