• South Boston Investment Property Reset,Chris Fitzpatrick

    South Boston Investment Property Reset

      The current South Boston investment property market in one sentence:The 2021 buyer and the 2026 investor buyer are looking at two completely different worlds.Take a simple example.Someone bought a 3-family in Southie in 2021 for $2.1M.At the time, cheap money was really flowing. Almost everyone's

    View more

  • I pulled 16 years of City of Boston ERT/New Construction Permit Data, Here's What I Found..,Chris Fitzpatrick

    I pulled 16 years of City of Boston ERT/New Construction Permit Data, Here's What I Found..

      I pulled 16 years of City of Boston ERT/New Construction permit data, and the numbers are sobering.Peak year: 2018: 390 permits issued. 2024: 182 permits. That's a 53% decline from peak.A seasoned permit expeditor I spoke with last week put it bluntly: "New construction has fallen off a cliff in t

    View more

  • Is the Real Estate Market Finally Thawing?,Chris Fitzpatrick

    Is the Real Estate Market Finally Thawing?

      Is the market finally thawing?After a multi-year freeze, we’re starting to see much more movement again. Rates have eased and transactions are picking up.That said, the market is still sensitive. If oil and inflation move higher, rates could follow, which could put pressure on activity again.In So

    View more