National News

What You’re Missing at the NAHB International Builders’ Show

If you’re a serious builder, chances are that right now (this very moment), you’re either at the NAHB’s International Builders’ Show or want to be. If you’re among the unlucky few who weren’t able to make the trip to

When Your Clients Should Expect the Next Interest Rate Hike

The next interest rate increase from the Federal Reserve will come at its March 15-16 policy meeting, according to The Wall Street Journal. Approximately 66 percent of the economists surveyed in the Journal pointed to the March meeting as

Builder Confidence Points to Strong Home Sales in 2016

Builder’s are confident, and that bodes well for housing in the New Year Builders are starting out 2016 on confident footing, and that spells promising things for the year’s housing market. That was the central finding in the National Association

The 25 Most Powerful People in Real Estate

Richard Smith, the chairman and CEO of Realogy Holdings Corp., is the most powerful person in real estate. That is according to the Swanepoel 200 list, which ranks the 200 individuals who, in their words, “have the most power

4 Reasons Why Higher Interest Rates Should Not Concern You

Higher interest rates may not be that big of a threat to housing’s future, after all With interest rates seeing their first increase since 2008, there is concern that the hike will harm the housing market either through harming

Are Millennials Doing Better than Initially Thought?

More underemployed college graduates work in the office sector than service One of the common beliefs about the current job market is the underemployed college graduate being forced to work as a barista, or another form of unskilled labor for

Why are Fewer Single Women Buying Homes?

Why has homebuying among single female consumers declined in recent years? During the mid and late stages of the housing boom, one of the more commonly reported success stories was that of the single female homebuyer. As tracked by

NAHREP Appoints New Board Leadership for 2016

The National Association of Hispanic Real Estate Professionals (NAHREP) has appointed Leo Pareja as their new president elect, as well as four new additions to the board, according to a statement released by NAHREP. “Leo Pareja is an outstanding example of

Accused Beverly Carter Murderer Files Motion to Change Plea to ‘Not Guilty’

Aaron Lewis, the man accused of kidnapping and murdering Beverly Carter in 2014, has filed a motion to change his plea to not guilty, due to mental diseases or defect to a defense of general denial. Carter was a

U.S. Job Growth Exceeds Expectations

The 2015 job market finished out the year on a high note The economy added 292,000 jobs in December, while the unemployment rate held steady at 5.0 percent, according to the latest report from the Bureau of Labor Statistics.

3 Real Estate Trends That Will Not Change in 2016

Some Americans think 2016 will offer more of the same for housing Earlier this week, we reported on a new realtor.com study, which featured a largely positive list of trends that will change heading into 2016. Trulia published their own survey of

Boston’s Rental Market Shows No Signs of Slowing in 2016

How did the local rent markets close out the year? The Boston rental market finished 2015 on active terrain, according to new analysis from Reis. For the 12-month period ending in December, Boston rents rose 5.5 percent, more than the 4.6 percent national

Green Features Remain Important to Homebuyers

“Green” and energy-efficient features remain important to homebuyers, though some options are more sought-after than others. That finding came courtesy of NAR’s 2015 Profile of Home Buyers and Sellers, and to parse through the results, we put together the

MBA: Mortgage Applications Fall Considerably in Late December

According to Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 1, 2016, mortgage applications decreased 27 percent from two weeks prior. Refinancing mortgage activity decreased to 55.4 percent of total applications, from 56.1 percent the previous

5 Real Estate Trends to Expect in 2016

How will the 2016 housing market take shape? When all the statistics are tallied, 2015 will likely have been the best year for new home sales since 2007, which has raised expectations for 2016. Realtor.com has highlighted five housing trends

Tight Inventories Push Down Pending Home Sales

Pending home sales in November declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors. The Pending Home Sales

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