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Real estate news in Atlanta

In Boston, Black Mortgage Applicants Denied Three Times the Rate of White Applicants

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

Massachusetts Foreclosures Continue Beating Nation

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 Begins 2015 with Modest, Realistic Price Gains

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,

Do the Seasons Really Make a Difference in Boston Real Estate? Not Really

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

Multifamily Construction Comprises Huge Share of Boston New Construction

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 Releases Q4 National Mortgage Market Summary

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

Strong Price Appreciation Threatens Affordability

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

New Construction in Boston Took Several Steps Back in 2014

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

How Boston Will See 50,795 New Homebuyers Enter the Market

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

The Top 3 Trends in Boston Housing in 2014

Boston’s housing market in 2014 failed to live up to 2013’s expectations; what were the defining trends, though, in that 2014 market? To find out, we took a more detailed look at GBAR’s numbers, and we collected our analysis

No End in Sight For Boston’s Inventory Spiral

We’re all waiting for Boston’s housing inventory situation to improve…but that has yet to happen. The inventory situation in Boston continued to worsen in 2014, according to new numbers from realtor.com. Per realtor.com’s analysis, inventory in Boston dropped by a whopping 19.3

Boston Closes Out Rough Year of Real Estate in 2014

Boston’s market performed well in 2014, but not at the levels of 2013. Boston’s 2014 housing market finally drew to a close last month, and we’ve been studying the latest GBAR analysis for inklings on how the market performed.

Boston Home Prices Moderate Further in New Case-Shiller

Home prices in the Boston area did not set the indices on fire in the latest Case-Shiller. Home prices in the Boston area continued to moderate in November, falling 0.2 percent from October but rising a modest 4.0 percent from Nov. 2013, according

Boston Ranks Amongst Richest Cities in U.S.

While one might be lead to believe that the richest cities are the places with a ton of million dollar homes, lots of culture, job opportunities and beauty, the cost of living in these places is really high as

Think Micro-Apartments Will Solve Boston’s Affordability Crisis? Think Again

Micro-apartments were pegged as the solution to Boston’s issues with housing affordability…but are they? It seems like a perfectly logical strategy at the time: incentivize developers to construct hundreds of new micro-apartments – small, compact living spaces of 400

SPECIAL REPORT: Boston Sees Healthy 2 Year Decline in Foreclosures

Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels

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