Monthly Archives: March 2017

How many people move to the Boston area each week? Here’s the data…

The Greater Boston area is adding about 740 people per week to its population, making it one of the top U.S. metro areas to see growth over the past six years. [Read more…]

Tatte Bakery expanding to Boston’s Fenway

Close to a decade after launching its first brick-and-mortar location in Brookline, Tatte Bakery & Cafe is planning to open its seventh location in Boston’s Fenway neighborhood.

Tatte will open at 1350 Boylston, a 17-story, 212-unit apartment complex now under construction, developer Skanska USA announced Monday.  [Read more…]

Millennials are changing the housing and retail markets

Millennials are already impacting the consumer market in ways I never imagined. Think about it, if I had approached you 10 years ago discussing the sharing economy and companies like Uber and Lyft, what would have been your response? Well, we are facing a new millennial-fueled shift, challenging traditional knowledge of the housing market.

Since 2005, I’ve watched as American households have increasingly sought rental options, with over 9 million new residents choosing to rent, the largest gain in the rental market since the 1960s. While many thought, it hit its peak during the 2008 financial crisis, it appears the trend will likely continue. Even though the Dow Jones Industrial Average has exceeded 21,000 and joblessness is under 5 percent, the number of rental properties is still increasing. [Read more…]

Sky’s got a limit: How long can the boom in Boston’s luxury condo market last?

With multiple neighborhoods in Boston hitting record prices for condominium sales, developers are building like crazy in the hope that the trend will continue.

But like those penthouse units atop sky-scraping residential towers now being built at a dizzying pace, the question that’s still up in the air is just how long Boston’s luxury residential market demand can be sustained.  [Read more…]