Housing proposal gets mixed reaction in Wellesley

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By John Hilliard | Boston Globe A proposed housing development that would add 95 new rental units across the street from the MBTA’s Wellesley Square commuter rail station has some town officials concerned about the impact on the neighborhood. Developer Victor Sheen, president of Brookline-based Oakgrove Residential, wants to replace five homes on Delanson Circle with […]

More families are struggling with poverty in Boston’s affluent suburbs

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By Katie Johnston | The Boston Globe Many suburbs around Boston are known for their good schools, picturesque downtowns, and steady stream of residents commuting to well-paid jobs in the city. But interspersed in this idyllic landscape is a growing number of families struggling to get by. The number of low-income children in many affluent communities […]

Economists Forecast Strong 2017 In Greater Boston

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Melrose Named Hottest Market In Massachusetts By Jim Morrison | Banker & Tradesman The Greater Boston real estate market is on track for a strong finish this year and next year will bring more of the same, Jonathan Smoke, chief economist at Realtor.com, told an audience of hundreds of real estate professionals at the Federal […]

Boston’s luxury housing boom slows down

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By Tim Logan | The Boston Globe The epic building boom that has added thousands of luxury housing units in the Boston area may have peaked, as a report to be released Tuesday by an influential foundation suggests the region has run out of customers willing to shell out huge sums in monthly rents. The […]

Housing Report Shows Strong Economy, But Growing Poverty

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By Alison Bruzek | WBUR A report out today from The Boston Foundation says the Greater Boston economy is booming — but the rising cost of living means that now, more than 16 percent of families are living in poverty. According to the annual Greater Boston Housing Report Card, income inequality in the region remains among […]

Report Finds Housing Permits Down In Greater Boston

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By Bob Oakes | WBUR A new report finds that after years of increases, there’s been a decline in the number of housing permits issued this year in Greater Boston, “especially in core cities and for multi-unit developments.” The report is the annual Boston Housing Report Card, from The Boston Foundation. Its lead author, Barry Bluestone, told […]

Building Bonanza of Luxury Apartments in Boston May Be at Peak

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By Jennifer Levitz | The Wall Street Journal Even as U.S. home prices hit a high in September, the building bonanza of luxury apartments in Boston, one of the nation’s hottest rental markets, may be peaking, according to a report released Tuesday. The number of permits issued for new housing units across Greater Boston is expected to fall sharply, […]

Rising mortgage rates unlikely to dampen Boston real estate

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By Katheleen Conti | The Boston Globe Mortgage rates are on a post-election spike that some observers said marks the end of the historically low rates that homeowners and house hunters have been enjoying for the past five years. Rates for 30-year loans this week edged over 4 percent for the first time in 2016, […]

Bluestone, CHTF Honored By B’nai B’rith Housing

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By Banker & Tradesman staff Northeastern University professor Barry Bluestone and the Commonwealth Housing Task Force were honored by B’nai B’rith Housing on Tuesday evening for their commitment to affordable housing in Greater Boston. Bluestone, founder of Northeastern’s Kitty and Michael Dukakis Center for Urban and Regional Policy, is both advocate and analyst. With others […]

Housing, Education, Transportation Dominate Economic Outlook Talks

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By  Laura Alix | Banker & Tradesman The Massachusetts economy is strong and vibrant, but the state needs serious investments in its infrastructure – and transportation in particular – to support projected growth in the years ahead. That was a major consensus to come out of a panel discussion last week among three regional chambers […]

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