National News

Foreclosures Remain Low in the Bay State

Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion

Move, Inc. Files Lawsuit Against Former VP of Product Marketing

Move, Inc., the company that oversees NAR’s realtor.com website, has filed a lawsuit against Curt Beardsley, a former VP of product marketing who, earlier this year, left Move for a new position at competing syndication site Zillow. This marks the

What Income Does Your Client Need to Qualify for a Mortgage in Boston?

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

Multifamily/Single-Family Construction Post Sizable 2014 Increases

Though overall construction is mostly flat from last year, both single family and multifamily are putting up some encouraging numbers. Residential construction spending was up just 1.3 percent from September to October and 1.8 percent from Oct. 2013, rising

5 Surprising Trends on How Homebuyers are Financing their Purchases

There’s very little that’s conventional in terms of how homebuyers today finance their purchases, as 2014 draws to a close. In our most recent story on NAR’s 2014 Profile of Home Buyers and Sellers, we looked at how consumers

NAR’s Pending Home Sales Report Tells a Bigger Story

Contract signings are down late in the year but still above average. The latest Pending Home Sales Index report from the National Association of Realtors showed a slight dip in pending home sales in October. Still, levels remain healthy

The Most Worrying Economic Trend for the Housing Market

One aspect of the economic recovery could haunt the housing market far beyond its current cycle. Seven million is a big number, and unfortunately –for both the housing market and the wider economy – it’s attached to a remnant of the Great

If Homebuilding is Flat, Why are Builders So Darn Confident?

It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points

Boston Home Prices Balance Further in Latest Case-Shiller

Home price growth continued to slow in September, but as we argued with home sales, that’s not necessarily a bad thing. Balance was the name of the game for home prices in the Boston’s housing market, which in September rose 4.5 percent

Forget Home Sales – This is Housing’s Most Encouraging Trend

Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in

Auction.com/Google’s First NowCast Predicts Strong Nov. Market, though Challenges Remain

Google’s first foray into housing data has yielded some encouraging – albeit sobering – numbers for the housing recovery. Earlier this month, we reported that Google and Auction.com were diving head-first into the real estate data game with NowCast,

How Homebuyers Search for Their Homes – 4 Important Trends

The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers

Report Reveals 4 Pieces of the Mobile App Puzzle

The popularizing of smartphones introduced the world to the mobile Internet, but now apps have overtaken Web usage. Though smartphones are a relatively new innovation in the longer and more encompassing transition into digital, which started with the introduction

New Construction Falls in October on Volatile Multifamily Sector

As has been the case for some time now, the residential construction market rose and fell on the strength of multifamily housing. Residential construction saw disappointing numbers in October, and as has been the case during the whole housing

How Twitter’s Big Changes Will Impact Your Real Estate Business

In the midst of heavy criticism, Twitter unrolls a laundry list of forthcoming changes. “Everything that happens in the world happens on Twitter…” The opening line of a blog post Twitter Vice President of Kevin Well published last week

Banks Take on Weighted Risk for Heavy Lending

Looking for a good mortgage rate? All you need is good credit and a lot of money. In recent years, expectant homebuyers vying for a good mortgage rate have faced dire odds as once loose lending standards continue tightening

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