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Lack of inventory continues to drive up single-family home prices in Central Mass.

The price of single-family homes in Central Massachusetts continues to climb, as median sales prices increased again in Worcester and Middlesex Counties during February. This is largely a continuation of trends seen in January and during the whole of 2023. 

Movers & Shakers for March 18, 2024

Central Massachusetts professionals are being hired and promoted at organizations like ERA Key Realty Services, Fidelity Bank, and Rollstone Bank & Trust.

Central Mass. local unemployment rates climb slightly to start 2024

Local unemployment rates throughout Central Massachusetts climbed to begin 2024, although the January figures are still lower than the rate seen at that time last year. 

Central Mass. organizations slated for $23M in federal money to support 20 projects

Clark University, the Leominster East Side Community Center, and the MetroWest YMCA Regional Early Learning Center are among the 20 Central Massachusetts entities slated to benefit from $23.08 million in federal funding pending final approval by the U.S. Senate and President Joe Biden.
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Fidelity Bank names CPA as its newest CFO

Following a 17-year career at a national certified public accountant and advisory firm, Richard Fay has been named as senior vice president and CFO for Leominster-based Fidelity Bank.

Central Mass. home sales continued decline in January, even as state sees first increase since 2021

Worcester saw 55 single-family home sales in January, 11 fewer than the city saw in January 2023.

🔒Reporting discrimination: New, but delayed, reporting requirements seek to identify bias in small business loan approvals and denials

While generally supportive of the new rule, the lending industry is concerned about the onus the new requirements put on banks.

Central Mass. unemployment rates spike, rise above 2022 levels

All four metropolitan areas of Central Massachusetts saw significant jumps in their unemployment rates in December.
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Health Foundation grants $1M to four nonprofits, prioritizing children’s health

The Health Foundation of Central Massachusetts awarded four grants totaling $1 million to area nonprofits in order to improve child mental health, access for children to affordable health care, food delivery for people in need, and child care businesses.

Worcester home sales declined 23% in 2023 as statewide sales fell to 12-year low

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.
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