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A running list of the median cost to rent a one-bedroom apartment in every Boston neighborhood

A running list of the median cost to rent a one-bedroom apartment in every Boston neighborhood

Shawmut Avenue in the South End. It’s tough to find an affordable apartment in Boston, so it’s important to keep on top of the latest rental prices to ensure you are getting the most for your money. We turned to the national rental website Zumper for the median rent for a one-bedroom apartment in each Boston neighborhood, based on the website’s own listings and the Multiple Listing Service. Here are the median monthly rents for a one-bedroom in Boston since last fall. Allston Winter 2019: $1,950 Fall 2018: $2,150 Back Bay Winter 2019: $2,900 Fall 2018: $2,800 Bay Village […]

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Real Estate

Boston’s Affordable Housing Market: An Insider’s View

Boston’s Affordable Housing Market: An Insider’s View

Five years ago, Boston Mayor Martin Walsh released a comprehensive plan designed to address the housing needs of the city’s growing population. Local authorities talked about the necessity to create 53,000 new units of housing for various income levels by 2030. In 2018, the figures were updated because the population was growing faster than expected—Boston’s housing production goal increased to 69,000 new units. Looking at statistics and the affordable housing landscape nowadays, the target seems tough to achieve. According to Yardi Matrix’s latest Boston multifamily report , in the first seven months of last year, only about 300 units […]

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Real Estate

Boston one-bedroom apartment rents up sharply since 2017: Report

Boston one-bedroom apartment rents up sharply since 2017: Report

EpochCatcher Boston’s median one-bedroom apartment rent increased 7.9 percent from December 2017 to December 2018, to $2,450, according to an analysis of vacant and available units from real estate listings site Zumper. Meanwhile, the median two-bedroom rent was flat year over year at $2,700. The only real bright spot in the Zumper report for tenants was that the one-bedroom median was down slightly from November. But, entering 2019, Boston remains one of the most expensive U.S. cities for renting a one- or a two-bedroom apartment. Really only five other cities compare—and only one of those, New York, is east […]

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Real Estate

How much for a Dorchester one-bedroom near the Ashmont T stop?

How much for a Dorchester one-bedroom near the Ashmont T stop?

What/where: A one-bedroom, one-bathroom near the Ashmont T stop in Dorchester Square footage: 897 The skinny: The listing for this condo says it’s currently used as a two-bedroom and that its location places it a mere 17 minutes from downtown Boston via the Red Line. Also, the tag for the fifth-floor space includes one garaged parking space on site. What say you re: the price? Take a look and then take your best guess. Massachusetts home sales dip as prices rise Curbed Boston’s 10 most-read stories of 2018

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Real Estate

Home prices hit record high in Massachusetts for November

Home prices hit record high in Massachusetts for November

More single-family homes were sold in Massachusetts last month than in any previous November and the homes sold for a higher median price than in any November before, according to real estate market analysts. The Warren Group reported Thursday that there were 5,231 single-family home sales last month, a 2.2 percent increase over November 2017. The median home sale price rose by 4.5 percent to $385,000, also an all-time high. Tim Warren, CEO of the Warren Group, said the median price has declined on a year-to-year basis just twice in more than four years. Steady demand is driven by […]

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Real Estate

Residential Market in MA a Mixed Bag; Home Sales in Boston Set New Record

Residential Market in MA a Mixed Bag; Home Sales in Boston Set New Record

Massachusetts Association of Realtors president Rita Coffey BOSTON—Residential home sales in the month of November were never better in metro Boston, while statewide home sales were much more tempered, falling less than 1% as compared to a year earlier. Want to continue reading? Become a Free ALM Digital Reader. Once you are an ALM digital member, you’ll receive: Unlimited access to GlobeSt and other free ALM publications Access to 15 years of GlobeSt archives Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications 5 free articles across the ALM subscription network every 30 days […]

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Real Estate

Millennium Management Signs Major Lease at Boston Properties’ 399 Park Ave. Tower

Millennium Management Signs Major Lease at Boston Properties’ 399 Park Ave. Tower

Boston Properties has owned 399 Park Ave. in New York City since 2002. NEW YORK CITY—Office property asset management firm Millennium Management has decided to relocate from a former troubled Kushner Companies’ tower to more than 300,000 square feet of space at Boston Properties’ 399 Park Ave. tower building here. Want to continue reading? Become a Free ALM Digital Reader. Once you are an ALM digital member, you’ll receive: Unlimited access to GlobeSt and other free ALM publications Access to 15 years of GlobeSt archives Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications […]

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Real Estate

Is Boston Properties, Inc. (BXP) A Good Stock To Buy?

Is Boston Properties, Inc. (BXP) A Good Stock To Buy?

We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article we look at what those investors think of Boston Properties, Inc. (NYSE: BXP ). Boston Properties, Inc. (NYSE: BXP ) was in 17 hedge funds’ portfolios at the end of September. BXP has seen an increase in enthusiasm from smart money in recent months. There were 11 hedge funds in our database with BXP positions at the end of […]

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Real Estate

Boston’s miracle: how free nappies and a little mentoring are curbing crime

Boston’s miracle: how free nappies and a little mentoring are curbing crime

Detective Stacy Spell runs Project Longevity, a gang violence reduction initiative in New Haven. Photograph: Rob Schoenbaum Stacy Spell is trying to save lives. The 20-odd youngsters ranged in a semicircle in front of him are healthy enough. But most are on a path towards early death. “If any one of you drops a body, your whole group will be targeted,” Spell booms, pacing the room like a public defender in a courtroom. “Even if you weren’t there, we will come after you.” The youths don’t move. All have criminal records. Most sit slumped in their chairs. One man […]

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Real Estate

East Boston Housing Prices Toward The End of 2018 Average $500-Plus a Square Foot

East Boston housing prices toward the end of 2018 average $500-plus a square foot

Flickr The average asking price for a market-rate home in East Boston as of early December is $514 a square foot, according to an analysis from real estate research site NeighborhoodX . That places the fast-changing enclave pricing-wise between Jamaica Plain, where the average is $498 a square foot, and Chestnut Hill, where it’s $594 a foot, per NeighborhoodX research director Constantine Valhouli. (c) 2012-2018 NeighborhoodX Corp. All rights reserved.SOURCE: Proprietary analysis of current market-rate listings. Analysis excludes foreclosures andshort sales; income-restricted, affordable, or age-restricted housing; properties conveyed with arent-controlled tenant in place; properties primarily positioned as development sites, […]

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