Local News
Real estate news in Boston
Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;
Yet another round of analysis suggests that housing affordability continues to fall by the wayside in the Boston area. As if we didn’t already have enough indicators on the housing affordability crisis here in Boston, here comes perhaps the most
New cash sales report says more of the same – we’re staying consistent. In September, cash sales increased slightly despite the autumnal slump, but remain at relatively low levels, according to a new report from CoreLogic. In recent months,
Of the many remodeling projects available to homeowners, which ones add the most value to homes in the Boston area? One of the undeniable perks of homeownership is the opportunity to renovate your living space, to remodel and craft a
A Green Line extension seems like a sure thing, but how will impact the Boston area’s housing market? The Federal Transit Administration announced last week that it will provide nearly $1 billion in funding for an extension of the
What’s the deal with asking prices in our metro area? Asking prices in the Boston area remained positive in November, though they seem to be showing signs of slowing down, according to the newly released Price Monitor from Trulia. Per Trulia’s
What condominiums in Boston saw the most sales activity in October? A couple weeks ago, we reported that the Greater Boston housing market remains a market in transition, with prices, inventories and sales up, down and around in a
Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion
New data shows that the city of Boston is one of the most active luxury housing markets in the entire U.S. The city of Boston is the No. 9 luxury housing market in the U.S. in terms of sales, according to
Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to
At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory
Stable, moderate price appreciation may tell a much larger economic story. Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of
Lending in Boston will receive a considerable boost from the FHFA in 2015. Only 46 counties in the U.S. will see their conforming loan limits increase for single-family mortgages guaranteed by Fannie Mae and Freddie Mac, but no counties will
While Cambridge and Davis Square use to be the only condo hotspots in Greater Boston, towns including Plymouth, Lexington and Everett are moving in with double-digit increases in condo prices recently All numbers in this article come from The
Kicking off a number of Seaport Square projects intended to create growth and knit together the Financial District, the Waterfront, Fort Point Channel, and Fan Pier, is the groundbreaking of One Seaport Square. As the largest master planned project
Home price growth continued to slow in September, but as we argued with home sales, that’s not necessarily a bad thing. Balance was the name of the game for home prices in the Boston’s housing market, which in September rose 4.5 percent