Lexington
Lexington, MA · Real Estate
YourArlington
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...
Axios Boston
Wu admin. wants to ease some fees, affordable housing rules
The Wu administration on Monday proposed easing some of its affordable housing fees and requirements for developers, whether they're building large-scale commercial projects or condominiums. The big picture: The proposed zoning changes aim to shrink cost burdens that have deterred developers from building in Boston, but stop short of granting the sector's demands of lowering its affordable housing requirements altogether. How it works: Boston requires developers building multifamily housing with seven units or more to set aside 17% of units for affordable housing. Those who opt out have to pay into the state's affordable housing fund, called the Inclusionary Development Fund (IDF), as do the developers behind large-scale commercial projects like labs. Residential developers could also build affordable housing off-site, but those must be within a half-mile radius of the original project. Driving the news: Housing officials proposed amending the zoning code to spread out the IDF payments across seven installments instead of two, reversing a 2022 city zoning change. The city also proposed lowering buyout fees for condo projects, from covering 75% of the difference between market-rate and affordable unit prices to 50% of the difference. The plan would also nix the half-mile radius for off-site affordable housing and
bostonrealestatetimes.com
WHAV
needhamlocal.org
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
connectcre.com
EOS Investors Makes First Boston Hotel Acquisition
EOS Investors LLC has acquired the Hyatt Centric Faneuil Hall Boston, a 163-key hotel located in Downtown Boston, adjacent to Faneuil Hall and Quincy Market. Published reports put the acquisition price at $58.6 million. The acquisition marks EOS’ first in Boston. “We are thrilled to establish our presence in...
needhamlocal.org
2urbangirls.com
vineyardgazette.com
WBUR
Boston officials announce new housing proposals to entice developers
City officials announced a new plan on Monday to increase Boston’s housing stock by easing requirements for developers. Boston — like other cities across the Commonwealth and beyond — has struggled with increases in the cost of construction materials, high interest rates, and high vacancy in commercial buildings.