Scituate
REAL ESTATE
Young professionals can't buy in Boston, so they're leaving
With diplomas in hand, a mass exodus of recent college graduates could be leaving Boston even though they love it here. In Boston and across the country, average rent peaked at more than $4,000 in 2022, at the tail-end of the Covid-19 pandemic. The last time that it was cheaper to buy than rent in the city was the national housing crash in 2007, according to national real estate firm CBRE.
Sale closed in South Boston: $1.4 million for a condominium
A historic condominium located at 64 Baxter Street in South Boston has new owners. The 1,890-square-foot property, built in 1880, was sold on May 17, 2024, for $1,350,000, or $714 per square foot. This apartment offers a capacious living environment with its four bedrooms and two bathrooms. On the exterior, the house is characterized by a flat roof design. The lot of the property covers an area of 1,274 square feet.
Report: Home values in Mass. climbed twice as fast as the nation’s
While that's good news for owners and sellers, the Zillow report offered hope to buyers. In metro Boston, 14.1% of listings had a price cut in April. A year earlier, it was 11.1%. Home values in the United States grew 4.3% year over year in April, but in Massachusetts, ever...
Home on N. Cary Street in Brockton sells for $850K; Easton home for almost $1M
BROCKTON − A house on N. Cary St. that sold for $850,000 is "a stunning home with breathtaking landscaping," according to the real estate listing. This home features a built-in bar, bath with a stand-up shower and jacuzzi, and a pellet stove, "creating that warm inviting atmosphere perfect for entertaining," according the listing.
AHTF to expend $520,000 to subsidize two condos
Last Thursday’s meeting of the board of Affordable Housing Trust Fund revealed that the net cost to the AHTF for the purchase and resale of two condo units at the 133 Salem St. condo development project in order to create two units of affordable housing in the city will be $520,000.
Triplex sells in Chelsea for $1.1 million
A 2,733-square-foot three-unit house built in 1920 has changed hands. The spacious historic property located at 237 Walnut Street in Chelsea was sold on April 30, 2024. The $1,100,000 purchase price works out to $402 per square foot. This three-story triplex features a total of six bedrooms and three baths. The home's outer structure has a flat roof frame. The interior features just one fireplace. The property is situated on a lot spanning 1,800 square feet.
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