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In the end, buying a home all comes down to dollars and cents, and Boston’s qualifying incomes differ in interesting ways with the rest of the U.S. To qualify for a mortgage on a 5 percent down payment, Boston homebuyers can
Boston continued to follow the pack in the latest Case-Shiller Home Price Index. Home prices in the Boston metro area put up mixed numbers in the latest Case-Shiller Home Price Indices, falling 0.2 percent from November to December but rising 3.8 percent from Dec. 2013. It
Boston’s housing market did not quite begin 2015 with a bang. Home sales in the Boston area were down 8.5 year-over-year in January, according to the latest analysis from the Greater Boston Association of Realtors. Of course, that was
Just how dramatic has housing shifted towards rentals, in the last seven years? Sixty percent of Boston residents now live in rental housing, up from 55 percent in 2006; as if that weren’t enough, the renter population in Boston is up 23 percent in
What Boston-area housing markets have seen median prices rise the most? The Boston area contains some of the most competitively priced housing markets in Massachusetts, but what areas have seen median sales prices rise the most since 2005? To
Susan Tsantes has been appointed vice president and sales manager of the Sudbury and Wayland offices for Coldwell Banker Residential Brokerage in New England. Tsantes will be responsible for the day-to-day operations and oversight of approximately 75 real estate
CoreLogic report shows widespread drops in cash sales. Cash sales continued to drop in November, according to a new report from CoreLogic, which found an increasingly significant portion of all-cash buyers leaving the market, particularly investors. Ebbing closer to
Minority groups have a harder time accessing mortgages in the U.S., including here in Boston. In the Boston metro area, 22.8 percent of African-Americans are denied in their applications for conventional mortgages, according to a new analysis from Zillow; that’s three times
Foreclosure activity in 2014 ended well, but pockets remain in dire straights. To cap off 2014, the national foreclosure inventory continued deflating, falling a staggering 34 percent year-over-year, according to CoreLogic’s newest foreclosure report. As of December, the nation’s
Boston did not set the world on fire with its rise in asking prices, but that’s perfectly fine Asking prices in Boston began 2015 on a sobering note, according to the Trulia Price Monitor. Prices were up 4.2 percent year-over-year in January,
One may think that warmer months are better for selling homes, but the data tells another story. What if we were to tell you that it really makes no difference when you list your client’s home, in terms of
We’ve covered multifamily ascendence before, but this is the most telling statistic of all. Earlier this week, we reported on two facets of new construction: first, that overall construction spending in Boston dropped in 2014; and second, that the nationwide growth
Guaranteed Rate released its quarterly summary of the mortgage market, which found an increase in purchased loans and a return of the ARM. Analyzing data housed in its massive database of home loans, Guaranteed Rate, one of the nation’s
Slow home prices in December are likely to roll over into 2015. Early today, February 3, CoreLogic released its Home Price Index for December 2014. While price appreciation was relatively flat from a month prior, CoreLogic researchers found prices
2014 was a lackluster year for new construction in Boston, according to the latest stats. Total residential construction spending in the Boston area was $3.539 billion in 2014, a 13 percent decrease from 2013, according to new numbers from Dodge Data
Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Boston area is poised to see more than 50,000 potential homebuyers enter the housing market fray over the next seven