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12/20/2010
 
Posted By: Admin DreamingCode
“In general, the $1,600 to $3,000 [a month] rental in Worcester was pretty much nonexistent even a year or two years ago,” said Edward Murphy, CEO of WeRentCentralMass.com. “Now it’s a very active market in the city.” Murphy said many people who might otherwise be interested in buying a home have lost confidence in the real estate market and are waiting to see whether prices have hit bottom. And he said there’s a whole new market in...


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07/04/2016
 
Posted By: Admin DreamingCode

Young people are not entering the ownership class like they were in the past and older owners are selling in favor of renting, the study says. And though tenants income levels have not kept pace, demand for rental property has driven up rents. Ed Murphy, CEO of WeRentCentralMass, a Worcester-based listing and rental company, said he has certainly seen those trends here. Murphy said that a three-bedroom apartment in Worcester was renting for around $800 per month three years ago. That rent has now risen to around $1,100. CLICK TO READ FULL STORY
12/06/2015
 
Posted By: Admin DreamingCode

For more than 100 years, Widoff's Bakery on Water Street was the place to go to get your bulkies on Sunday morning. In the not-too-distant future, it could serve as a place to pick up your medical marijuana.
07/22/2015
 
Posted By: Admin DreamingCode

Last Thursday, July 16, Bay State Investment Funds LLC of Worcester purchased the building that held Widoff's Bakery on Water Street for $550,000.
06/19/2012
 
Posted By: Jason Grayson

In Worcester, this is a unique situation that probably only affects a few other cities across the nation. It wouldn't hold true in Boston, said CEO of Worcester Apartment Rental Agency, Ed Murphy. In Boston if you were going to purchase an equal property that you were renting, you would need $40,000 more to put down.

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