davenportmeghan+FollowBoston Apartments Just Got a New LandlordHeads up, Boston renters: over 2,700 apartments just changed hands as Harbor Group scooped up a bunch of 1970s-era buildings for a cool $740 million. If you live in one of these spots, expect some upgrades soon—HGI is planning renovations to boost your living experience. With most units already full, don’t expect a rent drop, but maybe that leaky faucet finally gets fixed! #RealEstate #BostonRealEstate #RentersLife00Share
Matthew Jackson+FollowWhy Buying a Home Feels Impossible NowEver feel like home buying is out of reach? You’re not alone—new data says folks in 2024 are shelling out nearly 45% more of their income on mortgages than just five years ago. Blame sky-high prices and rising interest rates, especially outside big cities. Even renters aren’t safe, with average rents up $1,000 a year since 2020. The result? Less cash for everything else. So if you’re feeling squeezed, it’s not just you—it’s the whole market! #HomeBuying #RentersLife #MoneyHacks #RealEstate03Share
Brad Caldwell+FollowWhy Your Rent Might Go Up (Again)Heads up: Moody’s just gave the US a credit downgrade, and that’s bad news for anyone hoping to buy a home or even keep rent from skyrocketing. When Uncle Sam’s credit score drops, it gets pricier for the government to borrow money, which trickles down to higher mortgage rates for us. Translation: That dream house? Even further out of reach. If you’re feeling squeezed, you’re not alone—more folks are getting priced out, and homelessness is on the rise. Time to call your reps and demand action! #HousingCrisis #MoneyTalk #RentersLife #RealEstate2619Share