Boston, MA
Single-family home cost in Massachusetts hits new heights
As the mercury rises, so do home prices.
A harbinger of that is the report today by The Warren Group, which shows the cost of a single-family home climbed 10% in February in the Bay State, with a new median price of $548,250.
“February was another record-setting month for median single-family home prices as sales activity
was flat on a year-over-year basis,” said Cassidy Norton of The Warren Group. “A lack of inventory is the biggest factor driving these trends, and with fewer and fewer homes hitting the market, we can fully expect to see more recording-setting prices paired with a low sales volume in the coming months.”
The report lists 2,042 single-family homes sold in Massachusetts during February. That’s flat year-over-year — or up 0.1% with 4,434 home sold in 2023 vs 4,438 this past February, the report states.
The median condo price increased 6.5% on a year-over-year basis to $490,000.
Condo sales also increased 5.8% when compared to last February, with 1,017 sales vs 1,076 closings this winter, the report adds.
“Although condo sales increased 5.8% in February on a year-over-year basis, activity is still
nowhere near what we saw even two or three years ago,” Norton said. “Record high prices and
high-interest rates are likely a big factor in the long-term decline in activity, and prospective
buyers shouldn’t expect much relief in the near future.”
The Fed is meeting this week, and all eyes are on the benchmark interest rate but don’t bet on any immediate relief.
Fed Chair Jerome Powell and his fellow Fed officials are expected to play it safe and keep rates frozen, according to multiple reports.
The Fed’s benchmark rate stands at about 5.4%, the highest level in 23 years, after a series of 11 rate hikes that were intended to curb the worst inflation in four decades but have also made borrowing much more expensive for consumers and businesses, the Associated Press reports.
Mortgage rates are hovering near 7.2% for a 30-year fixed rate, with other similar rates being promoted for slightly less. “Upper” 6% rates are also in play as of Monday, with Business Insider stating “hotter-than-expected economic data has helped push them back up.”
As for Greater Boston, the housing picture is even more costly.
The Warren Group report states the median price of a single-family home has soared 11.9% year-over-year in February from $620,000 to $693,750. That’s for the 139 towns located within Interstate 495. Condo prices are also up 5.7%.
There’s not much movement in Boston, where single-family home sales — though very rare — climb past $1 million, statistics show. The same holds true for Cambridge, Arlington, Dover, Belmont, Brookline, Concord, Edgartown, Hingham, Lexington, Lincoln, Needham, Wellesley, Weston, and Westwood.
Boston, MA
Boston city councilor pushes for state audit of federal grant funds after misuse by city program
Boston City Councilor Ed Flynn requested that the state auditor’s office conduct a formal audit of the nearly $560 million in American Rescue Plan Act funds the city received from the federal government, in light of misspending by a city program.
Flynn sent a letter to State Auditor Diana DiZoglio on Friday requesting an audit of the federal grant funds the city received through the ARPA legislation of 2021 that was issued as a COVID-19 pandemic-relief measure.
The councilor said Boston received nearly $560 million in federal funds for pandemic recovery. The money was committed by the end of 2024, and must be spent by the end of next year, he said.
“In May of this year, it was reported that the City of Boston’s Three Squares Main Streets program allegedly misspent ARPA funds in the amount of $32,000,” Flynn wrote in the letter. “Irresponsible funding and spending leads to inflated costs and missed opportunities to improve our communities.
“It is critical that the City of Boston spends taxpayer dollars responsibly to regain our credibility and show respect to the residents,” he added.
Flynn wrote that he chose to pursue a state audit due to the City Council’s failure to hold oversight hearings, and ensure that “Boston is in compliance with spending regulations.”
Auditor DiZoglio’s office said Friday that it had received Flynn’s letter and that the councilor’s request requires a majority vote from the City Council and approval from the mayor to permit the auditor’s office to conduct a municipal audit.
“Our General Counsel will be sending Councilor Flynn the legal process required, under the law, to engage the Office of State Auditor with respect to a municipal audit,” DiZoglio spokesperson Andrew Carden said in a statement.
“Unlike the Office of Inspector General, which has the full legal authority to audit and investigate municipal government entities without a request or permission from a city or town, the Office of State Auditor, while mandated to audit state government entities, is actually legally required to obtain permission from a municipality, via both a majority vote from the City Council and approval by the Mayor, to be permitted to conduct a municipal audit,” Carden added.
Flynn told the Herald he wouldn’t hold his breath for approval from his colleagues on the City Council, which is largely allied with Mayor Michelle Wu.
“Since the City Council failed to hold the necessary oversight hearings to determine how we spend federal funds, an outside audit is essential to ensure appropriate spending, demonstrate transparency and accountability,” Flynn said. “The Boston City Council will not support an independent audit of our financial records to ensure we are complying with federal spending laws.”
Mayor Wu’s office didn’t respond to a request for comment on whether the Wu administration would support Flynn’s request for a state audit.
Wu’s office launched an internal audit last May after the city main streets’ program’s alleged misuse of federal ARPA funds was flagged by the Boston Finance Commission, a City Hall watchdog.
“We’re grateful for city staff who have been working to ensure oversight of every dollar of federal funds spent on pandemic recovery, including grants to nonprofit organizations,” Wu spokesperson Emma Pettit said in a statement at the time. “Through their diligence, these financial irregularities were identified and reported to the appropriate agencies to take action.
“The city will continue to support any further investigation, and is undertaking a further audit to ensure full accountability.”
Boston, MA
Skip the chaos and crowds with unique holiday markets are worth the detour – The Boston Globe
The holiday season is in full swing: The puffer jackets have been broken out of storage, carols and festive pop classics play throughout every store, and the annual struggle of what gifts to get your loved ones (and that one office White Elephant) is back. If you are looking to skip the long lines (and stinky cheese) at more social media-famous markets, but still want some one-of-a-kind holiday shopping from small businesses, here are some smaller holiday markets to visit this winter.
A CLASSIC CHRISTMAS Reading Memorial High School’s Drama Club (and supporting organizations) will host a Dickens Holiday Marketplace and Craft Fair once again this holiday season. The market, which has run for over 20 years, hosts 55 New England-based vendors selling artisan goods, including wooden cutting boards and goods from Magnus Woodsmith, pottery from Nancy Littlehale, and more. There will also be hands-on crafting opportunities, including coloring and cookie decorating. The Saturday marketplace — including an on-site warm beverage sale — is also a fund-raiser for RMHS’s drama department, raising money to support production equipment, scholarships for graduating students, and other needs. RMHS drama club members dressed in Victorian costumes will roam the fair and perform short skits and sing carols. There will also be tap, jazz, and contemporary dance performances by local troupes in the school’s performing arts center.
Dickens Holiday Marketplace and Craft Fair. Reading Memorial High School, 62 Oakland Road, Reading. Dec. 13, 10 a.m. to 3 p.m. Entry is free. rmhsdrama.org
SUPPORTING WOMEN-OWNED BUSINESSES Boston Women’s Market hosts its holiday market at Night Shift Brewing in Everett on Saturday from noon to 5 p.m. New England-based, women-owned vendors will be selling gift-able goods, including handmade jewelry from ADK Jewelry, natural skincare products from Beauté Noir, and cat toys and playhouses from Cat in the Box. The market will also be host to a family holiday celebration, including free ornament painting and an ugly sweater contest. There will be giveaways throughout the market of Night Shift Brewing gift cards and merchandise. If you’re hungry, Daddy’s Bonetown Burgers has you covered, and specialty holiday cocktails, yet to be announced, make the perfect holiday treat.
Boston Women’s Holiday Market. Night Shift Brewing, 87 Santilli Highway, Everett. Dec. 13, noon to 5 p.m. Entry is free. bostonwomensmarket.com

CULTURAL COLLECTIVE In celebration of the season, the Cultural Survival Bazaar will hold a Winter Solstice Indigenous Art Holiday Market on Dec. 13 and Dec. 14 at The Boston Center for the Arts Cyclorama. The market will highlight Indigenous art and artists from around the world, including North and South America, Palestine, East Africa, and more. There will be over 50 vendors, such as Chinampa Temachtiani, which sells jewelry, clothing, and axolotl plushies, Hebron Glass, which sells blown glass goods, and Afri-Root Collective, which sells handmade African art from women artists. The market will also feature live musical performances from Lyla June, Yarina, and more. Looking for a new book to cozy up with this winter? Attendees can also participate in a book swap.
Winter Solstice Indigenous Art Holiday Market. Boston Center for the Arts, 539 Tremont St. Dec. 13 from 10 a.m. to 9 p.m., Dec. 14 from 10 a.m. to 6 p.m. Tickets are $10. Free for children under 18. bazaar.culturalsurvival.org/boston

SHOPPING SMALL Returning for its fourth year, Small Mart Market is hosting the second of two holiday vintage shopping events in Greater Boston. The holiday market will take place at the Crystal Ballroom with over 50 vendors, including vintage clothing resellers and upcycled fashion designers. Vendors include the market’s organizers, High Energy Vintage, a Somerville-based secondhand clothing and record shop, and Existential Thread, a Rhode Island-based vintage clothing store, as well as others, such as Jessamy Shay, who designs clothing by repurposing garments and fabrics. There will also be artisan goods and artists selling prints, posters, and pottery. The market will also feature a full bar, complete with festive beverages such as a cranberry Moscow Mule and Irish Coffee for purchase.
Small Mart Market Holiday Market, Crystal Ballroom at Somerville Theatre, 55 Davis Square, Somerville. Dec. 20, 11 a.m. to 4 p.m. Entry is free. smallmartmarket.com
FRIENDLY SHOPPING (AND COMPETITION) The Charles River Speedway and the Brighton Bazaar are partnering for the Bazaar’s 100th event, The Holiday Stroll, on Dec. 20 and 21. The Speedway hosts over 60 local vendors, featuring a variety of artisan goods, including metal art, kitchenware, and decor from Eli West, handmade pottery from Sugalski Ceramics, and more. At the upper courtyard of the Speedway, there will be a gingerbread house building competition on each day of the market. With a $5 buy-in, which can be purchased ahead of time or on site, the competition will last from noon to 3 p.m. Winners will be announced within the week after the market for prizes such as a $75 gift card to a Speedway vendor of their choice or two tickets to a show at The Roadrunner of the winner’s choice. For a less high-stakes activity, there will be card-making stations where attendees can craft personal holiday greetings for loved ones.
The Holiday Stroll. The Charles River Speedway, 525 Western Ave., Brighton. Dec. 20-21, 11 a.m. to 6 p.m. Entry is free. charlesriverspeedway.com

SECONDHAND STOCKING STUFFERS The Somerville Flea — usually known for holding court in Davis Square in summer and fall — hosts its annual holiday market on Dec. 21 for last-minute shoppers looking for one-of-a-kind secondhand goods. The extensive shopping event will feature around 40 vendors and their curated collections of vintage goods, such as clothes from Dandelion District, books from Hiding in Books, and home decor from Unpredictable Finds. A DJ will play holiday mixes to set the festive mood while you shop. Snacks and beverages will be available at Arts at the Armory’s ROOTED Café.
The Somerville Flea Holiday Markets. Arts at the Armory, 191 Highland Avenue, #1C, Somerville. Dec. 21, 10 a.m. to 4 p.m. Entry is free. thesomervilleflea.com
Isabella Bernstein can be reached at isabella.bernstein@globe.com.
Boston, MA
Boston Harborwalk extension to connect parks, pathways in Charlestown
The Boston Harborwalk, a 43-mile park and pedestrian pathway that stretches along the city’s coastline, will soon extend further north into Charlestown and beyond.
The city’s Planning Department this week approved putting the estimated $5.5 million project out for bids from contractors. The extension will connect to the existing Harborwalk and stretch along Terminal Street and the Little Mystic Channel.
“The new pathway will be beautifully landscaped and furnished with seating, shade shelters and exercise equipment,” said Planning Department Director of Real Estate Rebecca Tomasovic during the Boston Planning and Development Agency Board meeting on Thursday.
Tomasovic explained that currently, the land is unused and overgrown. Pedestrians in the area are limited to Terminal Street, which has no sidewalks and is used primarily as a truck route. The Harborwalk extension will allow safe pedestrian travel between Chelsea Street and the Charlestown Athletic Fields, she said.
Planning for the Boston Harborwalk began in the 1980s, according to its website. In addition to walkways, it includes green space, seating, informational signage, exhibit spaces, cafes and other amenities. When the Harborwalk is complete, it will stretch close to 50 miles between Chelsea Creek in East Boston and the Neponset River in Dorchester.
Beyond pedestrian safety and recreation, the Harborwalk is also part of the city’s planning for climate sustainability for the future.
A 2022 report from the Office of Climate Resilience recommended the Charlestown extension, as well as elevating the existing Harborwalk paths in the area, as the height protects against rising sea levels and flooding.
“The Harborwalk is both highly vulnerable to the impacts of sea-level rise and presents an opportunity to create a resilient coastal edge,” officials wrote in the report. “Redesigning the Harborwalk along the Little Mystic to incorporate coastal resilience infrastructures provides opportunities not only to reduce risks from flooding but also to enhance the benefits this amenity provides.”
In October, the city was awarded a $500,000 grant from MassTrails, a division of the state Department of Conservation and Recreation.
The city also expects to use over $1 million from the Massachusetts Gaming Commission in the form of mitigation funds from the nearby Encore Casino and $750,000 in private donations through the Mystic River Watershed Association.
-
Alaska1 week agoHowling Mat-Su winds leave thousands without power
-
Texas1 week agoTexas Tech football vs BYU live updates, start time, TV channel for Big 12 title
-
Ohio1 week ago
Who do the Ohio State Buckeyes hire as the next offensive coordinator?
-
Washington4 days agoLIVE UPDATES: Mudslide, road closures across Western Washington
-
Iowa6 days agoMatt Campbell reportedly bringing longtime Iowa State staffer to Penn State as 1st hire
-
Miami, FL7 days agoUrban Meyer, Brady Quinn get in heated exchange during Alabama, Notre Dame, Miami CFP discussion
-
Cleveland, OH6 days agoMan shot, killed at downtown Cleveland nightclub: EMS
-
World6 days ago
Chiefs’ offensive line woes deepen as Wanya Morris exits with knee injury against Texans