article thumbnail

DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

The increase in the number of firms in 2021, 6.16%, has only been topped twice since the statistics were first recorded in 1978 – 6.33% in 2004 and 12.06% in 1984. This is likely because rates of nonpayment from both commercial and residential tenants skyrocketed during the pandemic.

Landlords 418
article thumbnail

Is Rent Control Making a Comeback in Boston?

Boston Appraisal

Despite being voted out by a statewide ballot initiative in 2004, rent control was a popular measure in the places where it was enforced: Boston, Cambridge, and Brookline. Due to the perceived limited return on investment, builders would shy away from constructing new multi-family buildings.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Rent Control Making a Comeback in Boston?

Boston Appraisal

Despite being voted out by a statewide ballot initiative in 2004, rent control was a popular measure in the places where it was enforced: Boston, Cambridge, and Brookline. Due to the perceived limited return on investment, builders would shy away from constructing new multi-family buildings.

article thumbnail

UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

OLYMPIA HOUSING UPDATE Despite a short session this year, lawmakers in Olympia were successful in passing 11 known pieces of legislation that serve to help home buyers and sellers as well as landlords and tenants. 2004-built home in the West of Market section of Kirkland, with moorage along 60 ft. bathroom , 5566 sq.