Only four Eastern Massachusetts cities saw year-over-year increases in the median rent, with Salem leading the way, according to a report the Zumper real estate site released June 30. Salem experienced a surge in the median cost for a one-bedroom unit (24.8 percent), followed by Lawrence (15 percent), Lowell (7.4 percent), and Lowell (7.4 percent). Everett saw […]
Greater Boston ranks 7th in the US for the most million-dollar homes
In a nation where only 4.27 percent of owner-occupied properties in the top 50 metros are valued at $1 million or more, Boston has the seventh most, a study released June 9 indicates. How common million-dollar homes are can vary significantly from metro to metro, according to the study, conducted by LendingTree. For example, 47.29 percent of […]
Boston sees the 4th-highest jump in home prices in the US
WASHINGTON (AP) — In March, US home prices jumped by the most in more than seven years as an increasing number of would-be buyers compete for a dwindling supply of houses. The March S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 13.3 percent from a year earlier, the biggest gain since December 2013. That […]
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