Why Banks Offer the Same Rates for New and Old Multi-Family Properties
Tuesday, May 27
Let’s take a closer look at this question, specifically in the context of multi-family properties. At first glance, it might seem logical that newer properties would qualify for lower interest rates. After all, they’re less likely to need major repairs, often attract higher rents, and typically c...
The Future of Housing in New England Amid a Shrinking Workforce
Monday, May 12
The Federal Reserve Bank of Boston recently released a revealing report titled Why New England’s Labor Force Participation Has Been Recovering So Slowly Since the COVID-19 Pandemic. The findings are striking: between 2019 and 2023, New England’s labor force participation rate declined by 2.3%—a d...
Wormtown Merger Reveals Harsh Truth About Worcester’s Tax Structure
Monday, April 28
This summer, Jack’s Abby Brewing of Framingham acquired Wormtown Brewing of Worcester, marking another step in the ongoing consolidation of the microbrewing industry in Massachusetts. Wormtown has built a strong brand, with its beer recognized beyond the local region. However, this merger raises ...
The Rising Issue of Food Insecurity in Worcester
Monday, April 14
Food insecurity in Worcester has doubled from 17.7% to 38% since 2020. This sharp increase raises concerns about broader economic stability, particularly in relation to housing and rental affordability. What is Food Insecurity? Food insecurity means that individuals and families cannot consistent...
The Impact of Immigration Policies on Worcester's Rental Market
Monday, March 31
There has been significant discussion regarding former President Trump’s statements about deporting illegal immigrants, particularly those with criminal records. While the feasibility of such mass deportations remains uncertain, it is worth considering how such actions, if implemented, could impa...
New Perspectives on the 1031 Exchange
Tuesday, March 18
Most investors I have worked with share a common vision of the 1031 Exchange and its practical applications. The law allows an investor to defer paying capital gains taxes on the sale of an investment property if the proceeds are reinvested into a more expensive asset within specified timelines. ...