National News

Are Boston Home Sellers Undervaluing Their Properties?

We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Boston homeowners undervalue their listings by 2.04 percent, at least compared to what certified appraisers judge as the value of the

Zillow Whistleblower Revealed

Following Move’s submission of an anonymous whistleblower letter to the court, ZIllow revealed who might be behind the insidious accusations: a former employee. The anonymous whistleblower who authored the now infamous letter to Move, Inc., which alleged a number

Do March’s Disappointing Homebuilding Stats Suggest Market Weakness?

Last month’s homebuilding numbers were a big letdown – what does that suggest about the larger economic climate? Housing construction turned in a disappointing month in March, according to the latest analysis from the U.S. Census Bureau. The numbers were

Move Files Whistleblower Letter, Zillow Retaliates

The legal battle between Move and Zillow continues. The legal feud between newly formed Zillow Group and Move, Inc., operator of realtor.com, has been a veritable barn burner these last several months, as the companies continue to exchange one

TILA-RESPA: Nearly Half of Lenders Unprepared

New TILA-RESPA rules will come into effect in August, but a new survey shows lenders are struggling to prepare. Effective August 1, lenders will be responsible for altering procedures to respond to the new TILA-RESPA Integrated Disclosure Rule, aimed

3 Reasons To Be Optimistic on Housing in 2015

Freddie Mac is optimistic on housing in 2015, and for a number of reasons. One of housing’s most active participants is highly optimistic for the industry’s future, though even it acknowledges that challenges remain. That was the main takeaway

CoreLogic: Massachusetts Takes a Foreclosure Tumble

Foreclosure levels fall across the country, but remain well above pre-crisis levels. CoreLogic today released its February 2015 National Foreclsoure Report, and the findings were indicative of a trend we’ve been seeing since last year, which is decline. Since

The Suburban Switch: How Longer Commutes Affect Homebuying

Suburban sprawl is giving way to walkability. But what does this mean for the people stuck in the suburbs? The lay of the land is changing. Where once work and life shared common vicinity, these days, people, whether by

It Takes Just 3.4 Years to Break Even on a Boston House – With Big Conditions

It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just 3.4 years to break-even on a mortgage in Boston, meaning the point at which the total

5 Troubling Signs of Consumer Uncertainty in Housing and the Economy

Despite recent improvements, there remain considerable uncertainties for consumers when it comes to housing and the economy. Everywhere you look, nowadays, there seems to be a new study or report proclaiming good news about both housing and the greater

Home Price Growth Far Outpacing Wage Growth in Boston

Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Boston – where home

The 5 Things You Should Know About the New Jobs Report

Did job growth slow in March, or continue on its strong, steady path? The Labor Department announced earlier today that the U.S. economy added 126,000 jobs in March, which not only ends a 12-month streak of 200,000-plus jobs added,

Location, Location, Location: A New Mantra

A new study from Logwood University attempts explains the relationship between an agent’s effort and the property’s location. A new study from Logwood University in Farmville, Va. is emphasizing the importance location plays in the home selling process, but not

Will Rising Rents Finally Push Millennials to Buy?

Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic

4 Surprising Details on How Buyers Finance Their Home Purchase

Today’s home financing landscape, thanks to the economic downturn and other factors, is hardly straightforward. Of all the area’s of the homebuying process, the financing stage could very well be the most complicated. After all, it’s one thing to

Real Estate Tech: A New Measure of Quality?

A new survey from Redfin shows a shift in how consumers are approaching the agent selection process. It’s a new world in the wake of the financial crisis, a new survey from Redfin shows, one where tethers to quality have

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