5 Health Tips for New Moms
For new moms, staying healthy is critical for your physical recovery, your mental well-being, and often your baby’s health. Unfortunately, in too many cases new moms neglect their own health. It could be because they are too focused on the baby’s needs or perhaps under stress, but when mom’s health suffers, it has an impact on the whole family. That’s why it’s so important to keep yourself in a healthy state both physically and mentally during your postpartum period. Here are some tips on doing just that.
Quincy Apartment Rental Market Report 2022
Quincy’s apartment rental market proved to be an outlier throughout the pandemic. When apartment vacancies soared to over 9% in the city of Boston during COVID, the real-time vacancy rate (RTVR) never surpassed 3% in Quincy. Despite the relative stability and low inventory, rent prices for Quincy apartments did drop by 5% last year, and they still remain well below previous all-time highs.
Quincy Apartment Supply Metrics Remain Strong
Quincy’s current real-time availability rate (RTAR) is 1.29%. Interestingly, the current RTAR is nearly identical to its pre-pandemic level in mid-June 2019, when the availability rate sat at 1.28%. A look at Quincy’s historical rental market trends illustrates that low apartment availability is the norm in Quincy, MA.
Top 5 Apartment Buildings Under Construction in Boston
Boston has been in a new construction frenzy over the past decade to accommodate a growing demand for housing. The development boom has added tens of thousands of new Boston apartments to the city’s rental supply. Despite the added inventory, the city has struggled to keep pace with growing demand as Boston’s rental market is experiencing historically low apartment supply figures in 2022. Many of these new construction projects have added more luxury apartments in Boston, and some have been critical of the lack of affordable housing units being built.
This has put additional pressure on city hall to green light new development projects that had been stalled or delayed during COVID-19. Now in 2022, there are several new construction projects that are working their way towards completion. Here are the top 5 housing development projects under construction in Boston:\\
How Is Inflation Affecting the Boston Housing Market?
This year has brought with it some economic uncertainty that will inevitably affect the local housing economy. Last month, the year-over-year consumer price index was up by a staggering +8.3%, indicating that post-pandemic inflation concerns are far from over. The Fed has been steadily raising interest rates this year as a result. But how exactly will this affect the Boston housing market?
Inflation will affect the Boston housing market by causing home sales to drop and median sale prices to decelerate in 2022. The combination of higher interest rates and high home prices will push many buyers out of the market this year. Shortages in labor, materials, and diesel gas will push up the cost of development and property maintenance, which will help to keep home prices growing this year, but at a significantly lower margin than previous years. Rent prices in Boston will grow by a larger margin than home prices amidst a shortage of rental inventory and higher costs of maintenance for landlords.
Greenest Luxury Buildings in Boston
Boston is an innovative, forward- thinking city across numerous industries. It’s known for it’s incredible hospitals, being home to some of the best universities in the world, and providing its residents with a great quality of life. In that same spirit, the city of Boston has always placed great importance on smart urban planning. The construction of the Boston Commons, the United States’ first public park, in 1634 was only the beginning.
Over the past decade, Greater Boston has been at the forefront of developing sustainable and eco-friendly housing. Boston is home to some of the most state-of-the-art green buildings in the country, setting a standard for other cities to follow. If you’re one of the many that are looking for eco-friendly luxury apartments in Boston, you’ll have plenty of options to pick from.
Multi Fam Due Diligence Checklist
If you’re planning on leaping into multifamily investments in a competitive market like Boston, you’ll need to create a process for performing due diligence on a property. You can protect yourself from a long list of potential pitfalls by knowing how to fully assess a multifamily home for sale in Boston. By creating a checklist to perform due diligence, you can evaluate both the physical and financial aspects of the property in question.
Many of the items on the multifamily due diligence checklist are required by the lender once the property is under contract. Some are not required by the lender but are impor
Jamaica Plain Apartment Rental Market Report 2022
The rental market in Jamaica Plain is experiencing historically low inventory in 2022. With just 10 weeks remaining until the pivotal 9/1 leasing date, the real-time vacancy rate (RTVR) of Jamaica Plain apartments has surpassed its previous all-time low set in August of 2019. Apartment availability has dropped by -47.27% compared to its pre-pandemic level in June of 2019. Despite the record low rental supply, average rent in Jamaica Plain still sits $123 below its all-time high set on June 1, 2020.
Jamaica Plain Rental Supply Metrics
The current RTVR in Jamaica Plain is 0.50%. That figure marks a -91.08% decrease in vacancies compared to a year ago when apartment supply numbers were still inflated due to the pandemic. Just two weeks ago, the RTVR hit an all-time low of 0.16%, indicating an astounding apartment occupancy percentage of 99.84% in Jamaica Plain. At this point – the only reason why a vacant apartment in JP has not rented in a week is due to the fact that it is most likely in poor condition and/or overpriced.
Brighton Apartment Rental Market Report 2022
The apartment rental market in Brighton, MA has recorded a historic comeback in 2022 following a year and a half of rental supply disruption. In May 2021, the real-time availability rate (RTAR) of Brighton apartments soared to a record-high 10.3%. This caused rent prices to drop for the first time in over a decade in Brighton.
Once pandemic restrictions were lifted and Bostonians began returning to work and school, the market swiftly responded. Now, the rental market in Brighton is stronger than ever and average rent prices have already risen above their previous all-time highs set before the pandemic.
North End Apartment Rental Market Report 2022
Looking back over the last two years, few Boston neighborhoods saw as much supply upheaval as did the North End. As apartment availability hit unprecedented levels all over the city in March 2021, only 4 Boston neighborhoods recorded a higher real-time availability rate (RTAR) during that time: Fenway, Allston, Mission Hill and Downtown.
What happened next must qualify as one of the fastest and most drastic market corrections in history. North End’s RTAR hit a new all-time low by October of last year, and now the area is experiencing historically low apartment availability. As a result, average rent prices in the North End have recently surpassed previous all-time highs set before the pandemic.
How to Find Apartments for Rent in Boston
Thinking about moving to Boston? You’ve come to the right place. The city attracts the world’s brightest minds, and its multifaceted culture makes it a unique place to live. Since this metropolis is as popular as ever, hunting for an apartment can be a tough task. It becomes even more competitive when hundreds of people want the same apartment. When it comes to hunting for Boston apartments, it’s important to act quickly.
To help you out, we’ve curated the best pieces of advice to help you not just find apartments for rent in Boston, but the best selection.
