• Southie Market Update: The Shift is Real,Chris Fitzpatrick

    Southie Market Update: The Shift is Real

      I just pulled the latest numbers for Southie. Here's what's actually happening.Condos: this is the bulk of the market, and it's shifting. Sale prices are down about 5% year over year. Sellers are cutting prices at a faster clip than 2025. We're at roughly 5 months of supply which is still balanced

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  • 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

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  • 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

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