National News
Boston one of the least affordable cities for Millennials The average Millennial can’t afford to live in Boston, according to the new Bloomberg Millennial Housing Affordability Index. Bloomberg L.P., a financial software and data company, compared the median home
New construction up in 2015, rising on the shoulders of the multifamily sector Housing starts may have been down 11.1 percent from April to May in the Census Bureau’s latest report, but building permits were an entirely different story.
Single-person housing is becoming a long-term solution, even into older years One of the most pronounced trends since the 1940s is the rise of the single-person household. According to the U.S. Census Bureau, single-person households were the second most common household type
In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was
A letter from industry leaders to Congress is urging lawmakers for a safety net against the Aug. 1 TRID deadline In less than two months, enforcement of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures (TRID) regulation, which aims
Latest housing survey from MacArthur Foundation finds many Americans skeptical of housing and the wider economy What a difference a year makes – or, in the case of the MacArthur Foundation’s “How Housing Matters” survey, what a difference a
Down payment trends may hint at first time homebuyer confidence The average down payment for single-family homes, condos and townhomes was down to 14.8 percent of the purchase price for Q1 2015, the lowest number since Q1 2012, according
Latest jobs report features interesting implications for housing May was a positive month for the U.S. labor market, with the economy adding 280,000 jobs and the unemployment rate holding steady at 5.5 percent, according to the latest analysis from
The Hispanic demographic struggles to recover from housing crash, but could become a big shaker in future markets Between now and 2020, roughly four out of every 10 new households in the U.S. will be headed by someone of
Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to
April’s pending home sales add positive note, but caution still necessary Pending home sales in April hit their highest level in nine years, according to the latest analysis from the National Association of Realtors. The Pending Home Sales Index
The latest Case-Shiller offered further evidence of Boston’s strong housing market Home prices in the Boston area rose 0.4 percent from February to March and 4.6 percent from March 2014, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s.
Boston Agent counts down its top 10 real estate films In 1982, iconic horror moviemaker Tobe Hooper (of Texas Chainsaw Massacre fame) married two of American’s most deep-seeded fears: real estate and structures built on unmarked graves. In what became
Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,
Seven easy steps to building a real estate website The purpose of a good website should be to instill trust, amplify brand awareness and, ultimately, nurture prospects that will later turn into clients. Here are some “musts” for any
New Freddie Mac research casts doubts on notion that rising rents push consumers toward homeownership It has been a common narrative in the post-boom housing market that rising rents would eventually push more consumers toward homeownership, but new research