Suburban renting isn’t new to 2019, but it’s growing in popularity. As of 2017, suburban areas are outpacing urban areas in 18 out of 20 of the largest metros. We’ll take a look at who is renting in the suburbs, why they are flocking to the suburbs, and the benefits for real estate agents hoping to get a piece of the action. … More Suburban Renting: Why Real Estate Agents Must Pay Attention
Renters over 60 — the baby-boomers once defined by stable homeownership— are opting out of the idyllic American Dream of a paid-off home complete with a porch and a few acres of land, and deciding to spend their golden years in a rental. … More Renters Over 60 Set to Dominate the Market
Rent in Boston costs over triple the 2018 national average. Find out what’s driving these sky-high prices. … More Rent in Boston, and why it’s so high
As Millennials and Gen-Xers continue to impact the real estate market, agents and brokers are becoming significantly more valuable. In the most recent REAL Trends Consumer Study, 90% of buyers and sellers used an agent to facilitate their transaction. This is the highest it’s been since the report was formed in 2001. 91% of Millennials … More Millennials are using Real Estate Agents more and more
According to CoreLogic, new and existing houses and condominiums sold during this past month of September fell 18% compared with September of 2017. This is a worrisome trend for potential home buyers, as the median price for homes sold in September was $505,000 (3.6% higher than it was last year). With prices rising, and home … More RB Insight: Southern California Housing Slump
Home sales in the United States fell 0.6 percent this past June, marking the third month of this downward trend. Higher prices and a lack of inventory are the main culprits which have caused many would-be buyers to skip the home sales market altogether. In a report released by the National Association of Realtors, … More Existing Home Sales in the US fell 0.6% in June
According to analytics firm INRIX, Boston is one of the world’s most congested cities in regards to traffic and currently ranks 14th worst in the world and 7th worst in the United States. The Massachusetts Convention Center Authority and a few private companies are hoping to utilize the region’s waterways and harbor–also known as the … More Boston ferry could launch this September
As part of a new transportation strategy that is included in Mayor Walsh’s budget request, eleven of the city’s most complained-about parking violations may see fine increases this summer. Double parking violations would increase from $45 to $75, street cleaning violations would increase from $40 to $90, resident parking violations would increase from $40 to … More Parking ticket hikes to fund transit work in Boston
As millennials continue to bore into the real estate market, renting has become the mainstay of the younger generation. Inability to save and lack of a strong credit history are key contributors to homeownership rates dropping. If this trend continues the next Generation, Z, will be absolutely forced into renting. RentCafe recently released an incredibly … More The Next Generation of Renters
An aerial gondola system from an elevated platform next to South Station, to the Marine Park in the Seaport District is still being considered by private developers and public officials. If approved, it would be around a mile long and run thirty to fifty feet above Summer Street. The developers, Millennium Partners and Cargo Ventures, … More Boston gondola transportation project