Local News

Real estate news in Atlanta

How to sell bikeability: the unexpected benefit for buyers

Urban buyers today would have hated the 1950s. In the Urban Land Institute’s “America in 2015” report, a survey of U.S. residents found that approximately half considered “walkability” a top or high priority when determining where to live. But

Record-setting Boston home values: good for sellers, bad for buyers

Home values in the Greater Boston area have reached an all-time high, according to a new analysis from Zillow. Through February, home prices in Boston were $387,400, according to the Zillow Real Estate Market Reports. That is up 5.9 percent

First-time homebuyers battle low inventory

It’s getting harder for first-time homebuyers to find suitable starter homes The Greater Boston housing market has become an increasingly precarious place for first-time homebuyers, according to a detailed new report from Trulia. In a deep analysis of the nation’s

Cash sales best since 2008

In 2015, cash sales made up 33.9 percent of all residential real estate transactions, according to a new report from CoreLogic. That’s the lowest level since 2008. About midway through 2007, when the crash was becoming too apparent to

The 5 things you need to know about Boston’s crazy market

How is the 2016 housing market taking shape in Boston? The Greater Boston housing market is a place of very positive highs and very negative lows, a varied arena that simultaneously accommodates every point on the housing spectrum. That

Boston construction employment is up from last year

Boston’s construction industry is growing at a rapid pace, according to data from the Associated General Contractors of America (AGC). The construction, mining and logging industry in Massachusetts added 134,800 workers in January, which is up 8 percent from

Why Boston is the Nation’s Hottest Millennial Market

Greater Boston has the best Millennial housing market in the country, according to a new analysis from LendingTree. Per LendingTree’s numbers, 52.46 percent of purchase requests in Greater Boston come from Millennials, with the average age of the buyers being 28 years; that market

A Quick Reference Guide to Spring Buyers

Real estate is a seasonal business – transactions rise and fall with the weather. And now it is officially spring. If agents want to capitalize on the sales bump, they’ll need to be prepared. Earlier this week, Redfin released an

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

Where Boston Ranked in the Latest ‘Worst Traffic’ Study

Intrix, Inc. released its 2015 Traffic Scorecard, which names Boston the No. 7 city in the U.S. with the worst traffic. Intrix’s Traffic Scorecard is a benchmark for governments and agencies in the U.S. and Europe to measure progress

Are Boston “Bargains” Really Bargains?

Homebuyers are shoppers like any other, which means that certain words appeal to them more than others: “deal,” “affordable” …and “bargain.” But not every sale is a deal; not every home is affordable; and according to a report from

New Residential Developments Drive Banking in Chinatown

Bank of America and the East Boston Savings Bank have opened up new branches in the Chinatown neighborhood, making it a premier destination for banking. According to the FDIC, deposits at the five banks in Chinatown grew 40 percent

Boston Homeowners Enjoy Slow but Steady Gains in Equity

Homeowner equity made big year-over-year gains in the fourth quarter of 2015, according to a new analysis from CoreLogic, which found borrower equity increased by $682 billion, or 11.5 percent – to put it into perspective, that’s more than

Mayor Walsh’s New Plan for Boston’s Affordability Crisis

The Walsh administration will announce new steps to combat the affordability crisis Mayor Martin J. Walsh is set to announce new solutions from the Housing Innovation Lab on lowering housing and construction costs for middle-income consumers, as part of

Study: Boston is One of the Best Cities for Career Professionals

A new study commissioned by staffing firm Robert Half found that Boston is one of the best destinations for career-orientated professionals, coming in second on the list behind Seattle. According to the Economist Intelligence Unit (the group that conducted

Bostonians are Ready to Buy in These 5 Suburbs

Few people manage their money better in the U.S. than residents of Lexington, according to a new analysis from WalletHub. With an average credit score of 750.59 and a mortgage debt-to-income ratio of 501.19%, Lexington was the fifth-savviest area in the country when it

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