Local News

Real estate news in Chicagoland

Owning in Boston Considerably More Affordable than Renting

When conditions are right, owning in our area is much more affordable than renting. Homeownership in the Boston area remains 30 percent more affordable than renting through 2014’s third quarter, according to a new analysis by Trulia; that’s slightly above

Cash Sales Report Shows More Investors Leaving

Cash sales are down, which means good things for hopeful buyers needing mortgage financing. Earlier this week, CoreLogic released its July cash sales report, finding that investors are continuing to flee the market, paving the way for buyers more

Distressed Home Sales Fall Dramatically in Massachusetts in 2014

The nation’s distressed housing market has improved quite a bit in the last year, and that progress is also clear here in Massachusetts. Distressed home sales in the U.S. have fallen from 17 percent of all existing-home sales to just

Walsh Addresses Affordable Housing Shortage with ‘Boston 2030’ Plan

Affordable housing has been missing in action lately, and the Mayor Walsh is trying to find it. Middle class housing in the post-bubble housing market has become increasingly rare in the city of Boston, but new plans for the city

Strong Condo Market Drives Home Prices in Boston

Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Boston’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by Trulia.

Boston’s Rental Market Continues Strong Performance in 2014

Our city’s rental markets have performed quite well in recent years, and 2014 seems to be no exception. The average rent in Boston in 2014’s third quarter was $1,870, a 1.4 percent increase from the second quarter and a 3.9

Average Down Payment in Boston Tops $50,000

How does the down payment in Boston compare with other metro areas? According to analysis from LendingTree, the average down payment in the Boston area is 16.93 percent of the mortgage, which comes out to $50,146. How does this

Residential Construction in Boston Down Markedly in 2014

Construction is the residential sphere is lagging in Boston in 2014 According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent from

Boston Home Prices Nowhere Near Bubble Territory

The term “bubble” gets thrown around often nowadays, but the data does not support such statements. The great housing bubble of 2001 to 2008 was a mammoth economic event, one that pulled the housing market through a verifiable roller

Agent Publishing’s Anne Hartnett Named To Folio’s Top Women in Media

Anne Hartnett, co-founder of Agent Publishing, has been nominated as one of Folio’s Top Women in Media. Folio is a multi-channel resource for the magazine and online media industry that uses digital media, print and events to help media

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