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Happy Friday! As I mentioned in a previous post, inventory for the month of September since 2015 had been increasing significantly. The same held true for the month of October. The graph below compares the number of units going under agreement in the most recent 30-day period with the number of available listings at the end of that period (October 31, 2019). Citywide supply has been increasing substantially since 2015 and that trend is continuing. Read More

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The Boston Real Estate environment remains quite strong within the primary downtown neighborhoods.  However, as the graph below highlights for the period 9/1/19 - 9/30/19, inventory during the month of September has increased significantly year-to-year since 2015.  September has historically been a popular month for sellers to list Read More

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Heads up!  Your next paycheck might be less than you expect (only slightly). As of October 1, workers in MA will see a new tax deduction on their paychecks.  This deduction is being used to fund Massachusetts' new paid medical and family leave law. The law is helping to assure people who need to take medical or family-related leave can do so while still being paid.  Starting on January 1, 2021, benefits will be available to those taking a leave in order to care for a newborn, sick service member, or take care of a personal health issue.  Paid leave benefits for those caring for ill family members begins on July 1, 2021.  While on leave, employees would receive a maximum of $850/week. Read More

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In order for a listing to remain on Airbnb, the owner of the unit must register with the city and Airbnb by December 1, 2019. Continue reading to see some of the major points we came across in regards to registering a property to be used as a short-term rental in Boston. Also, some links for guidance on where to register and how to see if a property is eligible. In Boston, a short-term rental is considered to be any unit, or room in a unit, that is rented out for less than 28 consecutive days at a time. Read More

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In the Commonwealth of Massachusetts, landlords have specific laws to follow when taking security deposits. It is required for the landlord to deposit the security deposit into an interest bearing escrow account since the security deposit is still the property of the tenant. Read More

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It’s The Wing – an amazing two floor space that just opened up on Boylston.  This place looks like it came right out of a magazine – perfect color palettes, the most incredible views of Boston, and organized just right.  From phone booths to a mother’s room, and even custom-designed furniture to fit a woman’s frame, The Wing really thought of everything a working woman may need in a coworking and networking space. Read More