Rent increases seem to be the norm rather than the exception in the Boston North Shore housing market. While increases affect renters at all income levels, those near the bottom are being hardest hit. Rent Inflation Affects Boston North Shore Housing Higher rents are having a greater impact on the lower-cost housing units than on the higher-cost […]
The Boston North Shore Economy: A Scam is Born
A scam tied to the new “smart-chip” enabled credit and debit cards has reached the Boston North Shore economy as millions of Americans await their banks to send the new cards. While the chips are designed to put an end to counterfeiting, as usual, the bad guys have other things in mind. Crooks Target The Boston North Shore […]
Boston North Shore Housing Bubble – Can it Happen Again?
Indirectly addressing concerns that the current Boston North Shore housing market — among others across the nation — is destined to suffer the woes of the housing collapse of less than a decade ago, Former Federal Reserve Chair Ben Bernanke recently shared his thoughts on the subject. Has Boston North Shore Housing Learned a Lesson? […]
Boston North Shore Home Buying On Back Burner?
Many Boston North Shore home buying experts say that more people are waiting longer to purchase. This is especially true with the generation known as "Millennials," those in their late 20s to mid 30s. In fact, according to Zillow the average age of most first-time home buyers is 33, compared to 29 in the late […]
Boston North Shore Real Estate Prices Rising
Boston North Shore real estate prices are rising. And that’s both good news and bad news, depending on whether you’re a home seller or a home buyer. According to the National Association of Realtors the median home price in the United States was up over 8% in the second quarter of this year compared to the […]