Trends

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Foreclosure starts inch up in March, bucking years-long trend

    After the largest dip in foreclosure petitions in three years in April, March saw foreclosure activity in Massachusetts jump nearly 6 percent, according to The Warren Group. March was the first time in six months that foreclosure

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Inventory continues to hit record lows throughout state, report says

Boston’s inventory issues show no signs of stopping, as new statewide figures show that record-low new listings and available houses continue to plague the market. The Massachusetts Association of Realtors has released its report for March, and noted that

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Home construction continues to drop in Boston

Boston’s housing inventory issues likely won’t be resolved any time soon, as housing construction starts fell dramatically in March, according to the latest figures released by Dodge Data & Analytics. A look at March’s home starts shows a 56

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The 4 Boston neighborhoods where home prices have dropped the most this year

Boston is one of the least affordable and most competitive housing markets in the country, and recent sales figures show the trend is not slowing. “Increasingly, we’re having to go back at least a decade to see sales and

High Boston home prices keeping empty nesters in their homes

More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids

Here are 6 ways consumers use tech to buy real estate

  In a new report, Real Estate in a Digital Age, the National Association of Realtors offers insight into homebuyers’ technology usage habits. It’s a rare consumer who doesn’t incorporate technology into his or her homebuying pursuits – 95

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A fresh look at real estate tech: 6 agent and brokerage habits

  For today’s real estate agent, technology is indispensable in getting the job done quickly and efficiently. According to NAR’s recent 2017 Real Estate in a Digital Age report, agents and brokerage firms rely on a variety of tools

Boston ranks 12th for Millennials living with their parents, study shows

The current generation of 18-to-34-year-olds – otherwise known as Millennials — is more likely to be living with their parents than in any other living situation for the first time in 130 years, according to a recent study. Just over

Jack Conway & Co. latest company to jump into the mortgage lending business

  There are trends that come and go, and then there are trends that evolve into the norm; the concept of real estate firms expanding into mortgage brokering, as Norwell, Mass.-based Jack Conway & Co., has done, may ultimately

Buyers and sellers open up: 6 things that influence homebuying decisions

  To better understand the perspective and experiences of people who were in the market to buy or sell a home in 2016, Redfin recently commissioned SurveyGizmo to ask 3,352 Americans what would influence their buying or selling of a

4 homebuying regrets to help your clients avoid

  Typically, the purchase of a new home would merit jubilation. But not among the more than 2,400 adults recently surveyed by NerdWallet, a personal finance website. Almost half the homeowners surveyed said they’d tackle buying in a different way

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Single female buyers rise in a challenging Boston market

  From the 1700s-era Georgian and Federal Style homes to the sleek architecture sometimes found in today’s condominiums, there’s a veritable cornucopia of styles available to homebuyers in the Boston area, an increasing number of which are single females.

New NAREB initiative to boost African American homeownership

NAREB seeks to address barriers on both the borrowing and lending side of homeownership The National Association of Real Estate Brokers (NAREB) plans to launch a nationwide wealth building and  homeownership initiative focused on African Americans. The initiative has a goal

3 Shocking Facts on Inequality in Boston – and How it Harms Housing

Just how unaffordable is Boston for average city residents? Boston’s affordability issues have been well documented, but a new analysis by the Boston Redevelopment Authority has raised awareness on just how unaffordable Boston truly is. We’ve taken a look at the

Despite Adversity, Millennials Optimistic on Housing

Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number

Study: Decline in Undocumented Workers Could Raise Housing Costs

Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100

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