If you live in or near Boston, you already know that housing is expensive. Rents and mortgages eat up a growing share of middle-class incomes. And among the poor, affordable housing is as rare as it is essential.
But if you’re wondering what the solution is, so is everyone else. Boston’s housing woes are far from unique. Housing costs in Greater Boston are very much in line with peer cities like Seattle, Washington, D.C., and Portland, Ore. — and far below what you find in a truly overheated market like California’s Bay Area.
Has any city found the secret to balancing economic dynamism with affordability? Not really. But if Boston doesn’t make room for low- and middle-income
PORTLAND, Ore. (PORTLAND TRIBUNE) — The supply of homes for sale in Portland has declined 31.6 percent since last April, the largest drop of any major city in the country, according to a new report.
The resulting shortage has helped push Portland home prices up 15.1 percent in the past year, to an average of
... read more at: http://koin.com/2016/05/31/portland-home-prices-rents-continue-to-rise/
NEW YORK — Billionaires’ Row.
That’s what New York real estate experts have dubbed a lineup of a half-dozen new superluxury skyscrapers overlooking Central Park that are home to some of the world’s most expensive apartments.
One penthouse on the 89th and 90th floors of a skyscraper near Carnegie Hall that went for more than $100 million seems almost a bargain compared to
About Rachel Monahan
Home values in the United States are appreciating faster than experts expected, rising almost 5% over the past year, according to the latest index report.
The April real estate market report from Zillow also shows that there are 3.4% fewer homes for sale than there were 12 months ago and home values are currently appreciating at 4.9%, almost 3% faster than Zillow predicted a year ago.
The real estate report suggest that a smaller number of homes on the market will make it harder for first time buyers. The number of entry level homes for sale is down almost 8% over the past 12 months.
Stiff competition and high demand, in addition to low inventory, stronger wage growth and low mortgage rates, are driving up home prices across the country, especially for entry level homes, which is forcing many aspiring home
About Rachel Monahan
One of the coolest-ever fictional hangouts has been listed on Airbnb.
For just $14 a night, fans nostalgic for the 1990s can stay in ‘The Lair‘ inspired by TV series Teenage Mutant Ninja Turtles.
The apartment in Tribeca, New York, has been decorated exactly like the four crime-fighting turtles’ rad headquarters from the animated show.
Pizza delivery to the lair is free, which is convenient because guests would be too busy with activities to leave.
“Hey dudes! Looking for a dojo where you can practise your ninjitsu skills? Our secret lair in Manhattan is THE place to order up a pie, shoot some hoops chill with your squad,” reads the Airbnb listing.
The flashy retro amenities include a glow-in-the-dark basketball court, a vintage games arcade and TV wall with
Coon Rapids developer Jim Stanton received approval this week from the Minneapolis Planning Commission for his biggest downtown condo project yet: The Legacy, a 374-unit building near the banks of the Mississippi River. Next stop for the project is a vote by the Minneapolis City Council.
The commission was asked to approve a request to rezone the land and to issue a conditional-use permit. The developer was also asking for permission to exceed height restrictions in the area, which currently limit buildings to six stories or 84 feet, according to a city staff report. The height of the proposed building is 17 stories or 190 feet in height.
Through his Coon Rapids-based Shamrock Development, Stanton first proposed the project in February after he bought a surface parking lot and the shuttered Cenveo Building, which is now being demolished.
The 4.27-acre site is at 121 12th Av. S., one block
WASHINGTON – Many of America’s young adults appear to be in no hurry to move out of their old bedrooms.
For the first time on record, living with parents is now the most common arrangement for people ages 18 to 34, an analysis of census data by the Pew Research Center has found.
And the proportion of older millennials — those ages 25 to 34 — who are living at home has reached its highest point (19 per cent) on record, Pew analysts said.
Nearly one-third of all American millennials live