News / Features

Declining mortgage rates boost homebuyer demand

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report.

Massachusetts launches federally funded program for first-time homebuyers

Massachusetts officials have launched a new program to help first-time homebuyers in communities significantly impacted by COVID-19.

Boston-area home sales to drop in 2023 while prices grow, Realtor.com projects

The projected year-over-year change in home sale transactions in the Boston-Cambridge-Newton region is -0.6%.

NAR: Pending-home sales slide for fifth consecutive month in October 

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

City of Boston invests $60M to develop income-restricted housing

One hundred and fifty parcels of city land will be made available to developers to build these homeownership opportunities.

S&P CoreLogic Case-Shiller: Boston housing prices continue to lose ground

Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

New-home sales post surprise gain in October as median price hits new high 

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.   

MBA: New-home mortgage applications fall in October 

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

Boston ranks among best cities in the world

Boston came in at No. 36 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.

FHA allows borrowers to obtain private flood insurance

In the wake of this new rule, FHA borrowers will have a choice between federal flood insurance and private flood insurance.

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