November 2, 2025 - 19:05

As Boston approaches the next election cycle, Mayor Michelle Wu's potential second term is stirring mixed feelings within the real estate community. While her administration has garnered significant support from voters, developers and landlords are expressing concerns about her policies, which they believe could hinder growth and investment in the city.
Wu's focus on affordable housing and sustainable development has resonated with many residents, particularly those prioritizing social equity. However, real estate professionals argue that her stringent regulations and zoning changes may deter new projects and complicate existing developments.
The tension between Wu's progressive agenda and the needs of the real estate sector highlights the challenges ahead. As the mayor navigates this complex landscape, she will need to balance her vision for a more equitable Boston with the demands of a critical industry that plays a vital role in the city’s economy. The outcome of this balancing act could significantly shape the future of Boston's urban landscape.
September 18, 2026 - 02:37
Today's Mortgage Rates, Sept 17: 30-Year Fixed Stays Above 7% After Fed's First Hike in 3 YearsThe average rate on a 30-year fixed mortgage moved higher on Sept 17, reaching 7.01 percent after the Federal Reserve announced its first rate hike in more than three years. The increase marks a...
September 17, 2026 - 06:20
Wallace Real Estate supports Knox Heritage Scruffy City SoiréeWallace Real Estate threw its support behind Knoxville`s history and the push to protect its one of a kind spaces by serving as a table sponsor for the 2026 Knox Heritage Scruffy City Soiree. The...
September 16, 2026 - 17:08
Number of homes sold fell in 7 out of 8 ZIP codes in The Woodlands area this AugustThe Woodlands area saw a broad slowdown in home sales this August, with seven of eight ZIP codes recording fewer transactions than the same month a year earlier. The data points to a market that...
September 16, 2026 - 01:43
A Fed Rate Increase Could Challenge Housing's New NormalEconomists widely expect the Federal Reserve to raise its benchmark interest rate by 25 basis points at its upcoming meeting, a move that could ripple through a housing market still adjusting to...