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Notorious ‘professional tenants' face criminal charges for pattern of evictions, unpaid rent
As they arrived at Westborough District Court, Russell and Linda Callahan did their best to avoid showing their faces to an NBC10 Boston photojournalist. But there is no hiding the 20-year scheme exposed in our extensive investigation, where we documented the Worcester County couple’s history of defrauding small property owners and living in homes without paying the rent. The Callahans...
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These are the top 10 ‘housing hot spots' for 2025 — none are in Florida
It’s too soon to tell if 2025 will be a housing market favoring buyers or sellers. But some areas could offer affordable conditions, according to experts.
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Somerville removes requirement that new developments provide off-street parking
In Somerville, Massachusetts, the sun is setting on a law that has been on the books for decades requiring any new development in this city to come with off-street parking. “This is something we have been talking about for a long time,” said Somerville City Councilor Willie Burnley Jr. “Data shows that mandatory parking minimums increase the cost of development,...
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Latest changes to Mass. emergency family shelter system take effect
More changes to Massachusetts’ emergency shelter system went into effect on Tuesday, weeks after being announced.
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Proposed shelter changes don't ‘match the realities' families face, opponents say
Roughly a week before key changes are scheduled to take effect, anti-homelessness advocates rallied outside Gov. Maura Healey’s office on Tuesday, saying the planned family shelter rules will “put more and more families on the street as the weather gets colder and colder.” Starting Dec. 10, the Healey administration will overhaul the strained family shelter system to create a new...
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More Americans are living in malls, as developers get creative to help ease the housing crisis
Real estate developers are building housing inside of or next to shopping malls as department stores like Macy’s, JC Penney and Sears shrink or cease to exist.
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Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.
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The most you should pay for housing if you earn $80,000 a year
Ideally, someone earning $80,000 would spend less than $2,000 a month on housing, but with rising costs, that’s often not realistic.
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Mass. changing emergency family shelter system again, phasing out hotels
Confronting more than $1 billion in annual costs tied to Massachusetts’ emergency assistance family shelter system, the Healey administration rolled out a suite of new reforms Friday.
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Private equity landlords' screening process discriminated against renters, lawsuits contend
Inaccurate tenant histories can add to the many woes renters face finding homes.
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New York City now requires landlords to pay broker fees. Should Boston do the same?
Renting in Boston is expensive, and some are looking to New York’s recent model for relief. The New York City Council voted this week to ban broker fees for tenants, shifting the financial burden to landlords. Some Boston residents are calling for the city to do the same, and Mayor Michelle Wu says she’s supportive of exploring the idea. “Boston...
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Here's what the Trump presidency could mean for the housing market, experts say
Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.
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Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.
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Mass. homeowners plead state for help with crumbling foundations
Massachusetts homeowners across the state are pleading with lawmakers to help them with crumbling foundations. Insurance won’t cover the issue and the government is the last place for them to turn. The advocacy group, Massachusetts Homeowners Against Crumbling Foundations, went door to door at the State House Wednesday calling for aid. The home foundations are failing because the concrete is...
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The ‘huge mistake' 1 in 13 homeowners are making with their money
More and more homeowners are skimping on insurance, despite the financial risks.
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Middle-class homeowners are increasingly squeezed by housing costs
One in four middle-income new homeowners — twice as many as a decade before — are buying into cost-burdened situations, according to NBC News.
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Accessory dwelling units could change housing landscape in Mass. under new law
It felt like forever for Cara Judd to find her forever home after she sold her small condo during the COVID-19 pandemic. “I got really excited until I started looking around and was devastated by what my options were,” Judd said. “I have a really good job, I had been saving money for a while, it is just me, so…
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Massachusetts Affordable Housing Act signed into law
The largest housing bill in Massachusetts history, the Affordable Homes Act, was signed into law by Gov. Maura Healey. Here’s how it’s meant to help ease the state’s housing crunch.
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Gov. Healey signs Massachusetts affordable housing act
So many of us have had to deal with skyrocketing rent, or bidding wars for homes. New legislation is being touted as a $5 billion investment in tackling the commonwealth’s housing issue. It’s called the Affordable Homes Act, and it’s the largest housing bill in Massachusetts history. The hope is it will both increase housing production and improve the...
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You're not ‘throwing away money' on rent, says self-made millionaire: ‘I've made more renting than I would owning'
You aren’t wasting money by renting, says self-made millionaire. In fact, it can be a smarter financial move than buying.