East Arlington
East Arlington, MA · Business
Axios Boston
Greater Boston renters need to make $181K to afford a starter home
A homebuyer needs to earn at least $181,000 a year to be able to comfortably afford a single-family home — and a lower-priced one at that — in Greater Boston, a new Boston Indicators report states. Why it matters: Homeownership remains out of reach for Greater Boston residents, especially Black and Latino residents, even as home sale prices soften, per the 2026 Greater Boston Housing Report Card released Tuesday. Catch up quick: Demand has outpaced housing supply for decades in Massachusetts, but home sale prices have increased on pace with (and sometimes outpacing) inflation. Those increases, plus increased interest rates, mean home prices are just starting to dip slightly even as the region's population growth and economy slow down. By the numbers: In 2021, interest rates were 3% and the median cost of a single-family home in a "low-priced town" was $553,500, per the report. Some 188,000 renters in Greater Boston earned enough to own a home in that scenario ($124,000 or more). Today, interest rates have more than doubled and the median for that home is $600,000. Now just 119,000 renters earn enough to afford a home ($181,000 or more). Data: Zillow via Boston Indicators, 2026 Greater Boston Housing
nashobavalleyvoice.com
Lowell, Fitchburg among communities getting loan forgiveness for water projects
LOWELL — Several local communities will have some Clean Water Trust loans forgiven after State Treasurer Deborah Goldberg announced more than $100 million in grants for 46 wastewater infrastructure projects in 35 communities across the state. Lowell, Fitchburg, Chelmsford, Dracut, Pepperell and Westford are among the cities and towns...
eastietimes.com
NOAH celebrates the preservation of 111 affordable homes in Eastie
The Neighborhood of Affordable Housing (NOAH) gathered with partners, residents and advocates to acknowledge and celebrate everyone who helped NOAH preserve 111 units in 29 buildings in East Boston. NOAH has long been committed to acquiring small multifamily buildings in East Boston. For decades, East Boston’s triple-deckers and small multifamily buildings have provided homes for the working families and immigrants who have helped shape the neighborhood’s identity. As housing costs have risen, preserving these buildings has become increasingly important to protecting longtime residents from displacement. NOAH has been at the forefront of this work, acquiring properties and maintaining them as affordable housing rather than allowing them to be sold on the private market. Throughout the 1990s and early 2000s, with the help of the Massachusetts Housing Partnership (MHP) and the City of Boston, NOAH acquired over 80 three-deckers. NOAH sold 42 of these to first time homebuyers and has since created an additional 37 first time homeownership units.
Yahoo!
Massachusetts city's basic power plan rises in price but undercuts utility's current rate by 9%
Salem, Massachusetts' new basic electricity plan will be priced about 9% below National Grid's current residential supply rate. Residents using the city's electricity-buying program will nonetheless see their prices rise in December. Here's what to know. Salem PowerChoice will introduce electricity rates fixed until December 2029, according to Patch. For...
mahealthyagingcollaborative.org
2026 Greater Boston Housing Report Card Released by The Boston Foundation
Efforts to expand housing production through legislation and expanded permitting in Massachusetts have helped slow but not reverse the housing cost and supply trends that have made the state especially challenging for renters and homeowners, according to the 2026 Greater Boston Housing Report Card. The report, which was released November...
Boston
At a new South Shore housing development, live where the cranberries grow
Called Cranberry Crossing, the Norwell subdivision is oriented around the adjacent Cross Street Cranberry Bogs. Cranberries have deep roots in Massachusetts. Harvested for centuries and then commercially cultivated for the first time in the 1800s on Cape Cod, the cranberry industry remains alive and well in the state. According to Massachusetts Cranberries (the Cape Cod Cranberry Growers’ Association) the Bay State has thousand of acres of bogs and approximately 375 growers statewide.
whatnow.com
People
hot969boston.com
Rising Cost of Living Leaves Many Boston-Area Residents Financially Stuck, Survey Finds
In the Boston area, housing costs are straining household budgets. NBC10 Boston confirmed the finding on Friday, Nov. 6, after participating in a nationwide, unscientific study conducted by NBC-operated stations to uncover the biggest cost-of-living concerns facing consumers in the United States. According to NBC10, nearly 42% of the 396...
theweektoday.com
northstarreporter.com
northstarreporter.com
The Enterprise
Canton bank celebrates 135 years in the community
Canton Co-operative Bank is marking 135 years in Canton while recognizing employees and directors whose service stretches across decades. The bank was founded in 1891, according to a community announcement, and has continued operating under its original name. President and CEO Nick Maffeo, a Canton native, said its original mission focused on helping local residents buy homes. “In 1891, the first president of Canton Co-operative - Ephraim Thorndike - promised that Canton Co-operative would be the ‘easiest and safest place to borrow’ with the goal of helping local people get ‘homes, happiness and independence.’ Today we still help local people buy homes, and much more,” Maffeo said. Canton Co-operative is an independent mutual community bank rather than a stock bank. “Customers come first with us, not stockholders or Wall Street,” Maffeo said. Longtime Canton Co-operative employees recognized The bank is recognizing several current and former employees for their years of service. Deborah “Debby” Kreusch began working at Canton Co-operative in 1976 in a temporary summer teller position. Kreusch later served in several operational positions before becoming bank president in 1991. Kreusch served as president until 2014 and is now chair of the bank’s board of directors. April McKee joined Canton
hinghamanchor.com
Main Street Dollars
North Easton Savings Bank customers in South Easton, Massachusetts, lose their branch and drive-up teller on Nov. 20 and can use branch services at the Depot Street office
North Easton Savings Bank will close its branch and drive-up teller lanes at 20 Eastman Street in South Easton, Massachusetts, on Friday, Nov. 20. The bank says customers can use branch-level services at its office at 679 Depot Street in North Easton. The closing also ends the bank’s main office at that address; the main […]
high-profile.com
Mission Hill Pathway Breaks Ground
Boston, MA — Construction has begun on Mission Hill Pathway, a mixed-use development that will bring 48 affordable homeownership opportunities, publicly accessible green space and sustainability-focused design to Boston’s Mission Hill neighborhood, making it the largest affordable homeownership project in Boston. Following years of planning, community engagement and...