Real Estate

Central Massachusetts professionals are getting hired and promoted at companies like Mechanics Hall, Mirick O'Connell, MutualOne Bank, and Bowditch & Dewey.

The most significant burden on the single-family market, not just in Central Massachusetts but around the country, is interest rates.

Hundreds of people crowded into the State House's largest hearing room to offer feedback on the five-year, $4.1 billion housing bond bill, representing a cross-section of affordable and public housing activists, real estate developers, and residents who themselves continue to withstand the crushing pressure of high costs and low supply.

With concerns over a lack of affordable housing dominating headlines, communities across the country are starting to reconsider the issue of mandatory parking minimums.

Another indoor pickleball facility is set to open in Central Massachusetts, as PickleBall U in Sturbridge plans to open its doors in February.

“This expansion and relocation to Franklin is a great step for EAW in our plans for growth, as well as our continuous drive for innovation and technological advancement of how we can deliver the best quality sound systems and solutions to our customers,” TJ Smith, president of EAW, said in the press release.

The amount of single-family homes sold in Worcester declined 22.5% in 2023, as the total number of statewide home sales fell to a 12-year low.

J Highlands at Hudson, a 158-unit apartment complex near Route 495 built in 2005, has been sold to a Los Angeles real estate investment firm for $39.5 million.

Massachusetts ranks 3rd amongst states with the oldest housing stocks with a median age of 58 years. Only New York and Rhode Island rank higher.

The expansion of elderly housing in Stow has received a large financial boost.