Woodville

Woodville, MA · Business
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nantucketcurrent.com
Nantucket Real Estate Firm Ordered To Pay $1.3 Million in Lawsuit Over Sale Of Polpis Road Property
William Raveis Nantucket and real estate agent Melanie Gowen have filed a notice of appeal in Norfolk Superior Court. A judge and jury have issued a $1.3 million judgment against a major Nantucket real estate firm after finding that one of its agents lied to a couple looking to buy a house on the island in 2020.
Boston
Rhode Island Current
WWLP 22News
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