The housing market pendulum that swung low in Boston’s poorest neighborhoods during the Great Recession has swung back and held steady, with a new wave of investors chasing profits and capitalizing on a tight regional supply, according to a new report by the Metropolitan Area Planning Council. By MAPC’s numbers, 21 percent of the Greater Boston homes sold from 2004 to 2018
According to the Warren Group - from January to October - sales of single-family homes in Mass. dropped nearly 24% compared to the first 10 months of 2022
One in five homes sold in Greater Boston from 2004 to 2018 went to private investors driving up the cost of once relatively affordable housing, a new report found.
An investor purchased one in every five homes sold between 2004 and 2018 across Greater Boston, a recent finding that housing advocates say is not surprising and one that confirms what they’ve seen anecdotally in their communities over the past decade.