Banker & Tradesman

05/03/2023

Opinion | Some in the real estate industry are arguing that AI programs like ChatGPT are more accurate, dependable and inexpensive than dedicated phone staff. Nothing could be further from the truth, columnist Bernice Ross writes.

https://bit.ly/4100jxq

05/03/2023

A developer will put $11.3 million in financing from HarborOne Bank and MassDevelopment to work in converting a blighted Attleboro mill property into market-rate housing.

https://bit.ly/3nuwOWQ

05/03/2023

Advisors Living is bringing a fresh, new name to the suburban Boston residential brokerage scene. CEO Merit McIntyre explains how the company is making its recent, 11-office expansion work.

https://bit.ly/3p7Sf0f

05/03/2023

More than six months after Amesbury-based BankProv booked a $35 million loss as the cryptocurrency industry it had staked its future on went bust, the lender's new executive team said it's making progress on a new strategic direction.

https://bit.ly/3LwqqWV

05/03/2023

A Newton developer is seeking to expand the scale of housing at the former Table Talk Pies headquarters in Worcester with a proposal to add 58 apartments to the former bakery headquarters.

https://bit.ly/44oYnkU

05/03/2023

The Federal Reserve raised its key interest rate by a quarter-point to the highest level in 16 years.

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause the streak of 10 rate hikes that have made borrowing for consumers and businesses steadily m...

05/02/2023

Experienced agents say there’s a number of possible reasons why more Boston-area single-family listings appear to be hanging around on the market than condos. But one thing is certain: Condos are no longer the affordable option.

https://bit.ly/42e9hIi

05/02/2023

Under pressure from Attorney General Andrea Campbell, MV Realty – of 40-year listing contract fame – has suspended its controversial program.

I hate to keep beating a dead horse – but then, real estate fraud is far from a dead horse. In fact, people are being taken in by crooks more than ever.

05/02/2023

Industrial parcels on the far reaches of the Seaport District are due for their first major changes in decades with development plans being drawn up by Oxford Property Group.

https://bit.ly/44jBTlk

05/02/2023

First Republic dominated Boston’s luxury real estate scene. Now even luxury buyers could face tighter credit conditions, agents say.

https://bit.ly/3NvknEE

05/02/2023

Local CRE executives say First Republic filled roles in the industry ecosystem that will be hard to replace, but its failure has created an opening for local lenders.

https://bit.ly/40RpDpa

05/02/2023

JPMorgan Chase CEO Jamie Dimon said it doesn't plan to continue First Republic's low-priced jumbo mortgage model -- the same model that helped the failed bank dominate Boston's luxury housing market.

https://bit.ly/428dltE