Category: Boston Apartment Vacancy Rates
We’re now a little over six weeks since Governor Charlie Baker issued Massachusetts’ stay at home order. The negative impact of coronavirus on the local economy is undeniable. Prior to COVID-19, Boston’s housing market witnessed unprecedented real estate growth. People now wonder, how will the current apartment market fair in the face of this pandemic?
The Covid-19 outbreak has caused schools, colleges, and universities to suspend all on-campus activities, including classes, and transition to online learning. Since students are no longer involved in the classroom, many of them no longer need or desire their off-campus apartments. Due to the current crisis, a good portion of students quickly departed for home,
As fall sets in around Greater Boston, some parts of the Medford apartment rental market heat up. As Tufts University begins its fall semester, every year we see a big spike in web traffic at the same time, as hundreds of new units get rented out in parts of Medford and Somerville markets. But how’s
Two years ago, we released the most comprehensive apartment rental market report in Greater Boston. It featured an interactive map showing vacancy rates, average rent prices, and area statistics for all surrounding neighborhoods. Two years later, our database of Boston apartments has grown larger, our network has grown wider, and our knowledge and understanding of the
Properly Assessing the Boston Apartment Rental Market Through the Real-Time Vacancy Rate vs. Real-Time Availability Rate
Being the local leader in real-time apartment data in Boston, we’ve looked at many different ways of assessing the overall health of the local rental market. Over the years we’ve analyzed and reported on numbers such as average rent prices, average time on market, price per square foot, vacancy rates, and more. Throughout years and years of analysis,
Trouble Finding Apartments in Boston? Here Are 5 Great Neighborhoods With Higher Than Average Apartment Availability Rates
For us renters in Boston, we are all familiar with how difficult it can be to find a place nowadays. With the influx of new residents over the past few years, options have been sparse to say the least, and it doesn’t appear it will get any easier.