ProSource Media's Blog

Newton is certainly known to be one of the more premium housing markets in the Greater Boston area.  Over the past decade, Newton has been one of the most expensive suburbs to rent an apartment in the Boston area.  In the year of COVID, those housing markets took the biggest hit, and Newton was n...

Tufts University currently enrolls about 12,000 undergrad students, of which 35% live off-campus according to US News.  This creates a big demand for apartments near Tufts University, more specifically in the neighborhoods closest to campus. Tufts is located on the border between Medford, MA and ...

Even before 2020, technology was already well on its way to disrupting the real estate industry.  Many new marketing tools and prop tech apps have been introduced to the market in the past few years that have transformed how agents, landlords, buyers, and sellers interact.   Now with a pandemic o...

2020 was a year like no other. A global pandemic descended and wreaked havoc on many industries - including the Real Estate sector. Many in the real estate industry had to find ways to adapt to the new demands that were placed on it by developing and integrating new technology that perhaps they h...

If you’re looking to save on housing costs by renting an apartment in one of Boston’s many suburbs, it may be harder than you think.  Some of Boston’s suburbs like Cambridge and Brookline can be just as expensive as some of the City’s premium neighborhoods.  The pandemic has also shifted demand f...

The State of Massachusetts has been steadily growing over the past decade, particularly within the Boston metro region.  Student enrollment numbers have grown at the many Universities that call Boston home, and Boston has become a favorite market for VC funding bringing tens of thousands of jobs ...

Somerville’s apartment rental market has faired well over the past year all things considered.  In a year where vacancy rates skyrocketed in most of Boston’s college towns, Somerville apartments managed to stay below the trend line in terms of rental supply.  The vacancy rate in the City of Bosto...

Boston’s apartment rental market seems to have begun its recovery after a year marked by shifting demand and soaring vacancies.  The vacancy rate for Boston apartments has dropped by 43% since mid-March of 2021 after soaring to unprecedented 9.13% in September of 2020. That figure now sits at 3.0...

The apartment rental market in Brookline MA is historically one of the strongest in the Greater Boston metro.  It’s primely located minutes from Downtown and local universities, and the quality of the apartment supply is superior to most areas around Boston.  This has kept demand high for Brookli...

Rent prices have been on the decline in Greater Boston since March of 2020.  Demand for apartments was severely hampered by remote learning and a diminished student population, sending prices for apartments plunging as high as 21% in Downtown. The reality is these severe rent drops have been more...