Latest Headlines in Real Estate
Downtown Waltham theater to be reborn as a gymnastics school, with movie screens
Smaranda Albeck is getting ready to raise the curtains on the shuttered Embassy cinema, but this sequel features a big twist: Four theater rooms will be remade for Albeck’s rhythmic gymnastics school, Boston Rythmic.
With Boston approving rent control, Somerville could soon follow
The Somerville City Council, which has expressed broad support for rent control in the past, will begin work on a rent control policy of its own, with hopes of sending a finalized proposal to Beacon Hill for approval in the fall.
‘Stalemate’: Sellers aren’t selling, and buyers aren’t buying. Rising interest rates are locking up Boston’s housing market.
The rapid rise in interest rates over the last year has forced homeowners who were entertaining a possible move to reconsider, meaning fewer homes are coming on the market.
Amazon pauses construction on second headquarters in Virginia
The company is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and shifting landscape of remote work.
Healey wants more housing. But how hard will she push communities to approve it?
Digging out of the region’s housing supply shortage hinges on compelling slow-growth suburbs to build more, but getting there will require Healey's administration to walk a delicate political line.
More US home buyers are paying in cash, sweeping a majority of sales in some markets
It’s particularly true in the Southeast, home of most of the 13 cities with a cash share above 50 percent last year in the Attom data. Augusta, Ga., known for hosting the US Masters golf tournament, topped them all with 72 percent.
‘A housing market for almost no one’: Rising prices and interest rates have made home buying feel impossible
Two-plus years of seismic shifts in Boston’s housing market knocked the prospect of buying out of reach for tens of thousands more families here.
Boston City Council appears split on Wu’s rent control proposal
Progressive councilors argued Wu's proposal doesn’t go far enough to protect tenants, while the council’s centrists worried about harming small landlords or dampening housing production in the city.