Boston apartments

https://bostonpads.com/blog/moving/nyc-vs-boston-cost-of-living-comparison/ Over the past decade, Boston has been rapidly ascending the list of most expensive places to live in the US. As the metro region has grown, real estate and rent prices have soared due to an ever-increasing demand for housing and a limited supply of apartments and property listings. In January, the Herald reported that Boston could soon surpass San Francisco as the second most expensive city behind New York City. So it appears that we now have a new type of rivalry with the Big Apple: sky-high housing costs. But how high is the Boston cost of living compared to NYC? In this article, we’ll compare the two in terms of median sale prices, average rent, and median household income.

https://bostonpads.com/blog/boston-housing-market/boston-real-estate-market-may-soften-for-buyers-in-2022/ Real estate sales in the city of Boston have slowed over the first few months of 2022, indicating a cooling housing market. Since the beginning of the year, the average 30-year fixed APR has increased by over 70%, as rates jumped from 3.183% to 5.422%. This has slightly softened the market for buyers, as the total number of listings on market has increased since January. While home prices have increased so far in 2022, they’ll likely decelerate during the latter half of the year considering both housing supply and interest rates are on the rise. Boston’s Real Estate Inventory Growing While Number of Property Sales Sluggish Boston’s total inventory of for sale properties has been growing steadily over the first four months of 2022. We began the year with 90 single family homes for sale in Boston. The supply of single family properties has since increased to 162 for-sale units as ...