Property News
Boston Baby Boomers and their 551 Spare ‘Spare’ Bedrooms
- 26 Jan 2023
An additional 1,302 spare bedrooms have been locked out of the Boston housing market since 2011 as Britain’s ageing population means the country’s stock of homes is being used more unproductively. The number of spare bedrooms in Boston between 2011 and 2021 increased from 29,560 to 30,862. The number of Boston households living in properties with at least two spare bedrooms (i.e., spare 'spare' bedrooms) increased by 551, from 9,770 households to 10,321 households between those ten years.
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Thatcher’s Dream Smashed as Homeownership in Boston Drops
- 23 Jan 2023
In her first conference speech as the Tory's new leader in 1975, the grocer’s daughter from Grantham, Margaret Thatcher, asserted her conviction in a ‘property-owning democracy’.
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Boston Property Market Holding Up Despite Doom and Gloom in the Newspapers
- 12 Jan 2023
The Boston housing market over the last three months is now becoming more ‘normal’ after the last couple of years of insane demand when the lockdowns started a race for space! Even with the blackening economic doom-mongers forecasting a harsh slowdown in the British property market, the number of people buying and selling their homes is still very good for the time of year. Whilst many homeowners are reducing their asking prices, it is not the 20% (some even said 30%) drop some property commentators and newspaper journalists had predicted. Looking at the stats for Boston for the last three months since the disastrous Truss mini budget – they make good reading. Of the 151 Boston properties that have sold (stc) since late September, the average length of time it took to achieve a sale was 51 days.
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What Will Happen to the Boston Property Market in 2023?
- 28 Dec 2022
The autumn of 2022 saw economic and political instability with the resignation of Boris Johnson as Prime Minister and the ill-fated Liz Truss 44-day premiership. Now as we go into 2023, the economic and political turmoil has subdued, offering a greater feeling of stability in money markets.
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158% More Boston Homes are on the Market Today Than a Year Ago
- 15 Dec 2022
More Boston homes are now coming up for sale. This is excellent news for Boston homebuyers and Boston landlords because as properties are no longer flying off the shelf as they did last year, the number of properties available to buy is beginning to return to long-term averages.
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Inflation - Every Boston Landlords’ Saviour
- 5 Dec 2022
Some of you reading this will be old enough to remember the 1970s – the bell-bottom trousers, the huge collars, frayed jeans, disco glitter balls, maxi dresses, midi skirts but above everything else – HYPER-INFLATION.
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